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Upson income drops despite record revenue

Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Metrobank earns record P42.2 billion in 2023

Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

BPI profit hits record high P51.7 billion in 2023

“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Duterte to Marcos: let’s take a drug test at the Luneta Park

DAVAO CITY (MindaNews / 30 January)—Former President Rodrigo Duterte dared President Ferdinand Marcos Jr. to take a drug test at the Luneta Park in Manila to prove to the public that he does not use illegal drugs. He said he is willing to take the drug test, too. “It is not me who will prove, […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

New PNP Provincial Director Conducts Courtesy Calls to High Officials of the Province

After assuming the position as the new head of the Catanduanes Police Provincial Office, Police Colonel Rayan V. Ador conducted a series of courtesy calls to high-ranking officials of the province. PD Ador visited Congressman Jose Bong Teves of the TGP Partylist, Lone District Congressman Leo Rodriguez, Vice Governor Peter Cua, Governor Joseph Cua, as […] The post New PNP Provincial Director Conducts Courtesy Calls to High Officials of the Province appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsJan 31st, 2024

Kim, Paulo kontra sa office romance: Hindi talaga maiiwasan, pero…

KUNG sina Kim Chiu at Paulo Avelino ang tatanungin, mas mabuting umiwas na lang sa office love affairs para walang maging problema sa trabaho. “Office romance” ang isa sa tema ng Philippine adaptation ng hit Korean series na “What’s Wrong With Secretary Kim?” kaya naman natanong ang lead stars nitong sina Kim at Paulo kung.....»»

Category: newsSource:  inquirerRelated NewsMar 13th, 2024

Lagged impact of high rates to take toll on economy – BSP

The lagged effects of monetary policy adjustments last year will continue to take its toll on the economy, with growth likely to fall below government targets anew......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Philippines to take cue from Fed policy

Ahead of the policy meeting next week, the Bangko Sentral ng Pilipinas is likely to follow the steps of the US Federal Reserve as to when high borrowing costs can finally take a breather......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

China Bank nets record P22 billion

Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

RCBC income hits all-time high in 2023

Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

BDO profit hits record P73.4 billion in 2023

BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Remittances soar to P33.5 billion in 2023 – BSP

MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

PRSP 2024-2025 Board of Trustees takes oath of office in Malacanang

Officers and members of the Board of Trustees of the Public Relations Society of the Philippines (PRSP), 2024-2025, were formally sworn into office in an official oath-taking ceremony held recently in Malacanang Palace. The new PRSP board members took their oath of office before Hon. Cheloy Velicaria-Garafil, Secretary of the Presidential Communications Office (PCO). This […].....»»

Category: newsSource:  journalRelated NewsFeb 13th, 2024

Foreign debt reaches all-time high in 2023

The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Ports regulator posts record high revenue

The Philippine Ports Authority has posted a new all time high revenue in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Knowing one’s IP right

Copyright registrations at the Intellectual Property Office of the Philippines or IPOPhl reached record-high levels last year. And this, according to IPOPhl, signifies increased awareness of the importance of copyright registration......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

3 high-profile IPOs won’t take place this year

Three high-profile initial public offerings will not happen this year due to unfavorable market conditions......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Some top tourist spots in Visayas have high coliform level

CEBU CITY, Philippines – Some of the top tourist spots in Central Visayas have poor water quality that might be unfit for swimming, prompting the Regional Development Council here (RDC-7) to urge the government to take action. There are three sites in the region wherein high levels of fecal coliform have been detected. These are.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Tarlac tragedy leads to a sad, different revisit of KPop hit song

CEBU CITY, Philippines — A Korean pop (KPop) group’s 2009 hit song “I Don’t Care”, has become a sad song for Filipino netizens this December. This was how some netizens described the Korean group’s 2NE1’s hit song as it became one of the trending topics on  Twitter on December 21, 2020 after Sunday’s shooting incident […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Road rage led to hit-and-run of local basketball player – Police

CEBU CITY, Philippines — Police in Cebu City revealed on Friday, February 9, 2024, that the hit-and-run incident that killed 23-year-old Jeslar Uriel Larumbe was a case of road rage with the suspect really intending to hit the victim with his vehicle. The suspect was identified as Aaron Karl Tan, the owner of the white.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024