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BPI bullish this year amid continued loan growth
After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»
Blockbuster card in Mandaue
A seven-fight, 58-round card called Engkwentro 13 is guaranteed to rock the Mandaue Cultural and Sports Complex on May 1 with a pair of WBO Oriental championships at stake in a double main event featuring undefeated prospects and a former two-time world titlist gunning for another crack at the crown.....»»
Aranas to face Acope in Carcar slugfest
CEBU CITY, Philippines — Undefeated prospect Jemuel Aranas will treat his hometown folks in Carcar City, south Cebu with a six-rounder bout on April 20, at the Carcar City Sports Complex. The 21-year-old Aranas is one of Chao Sy Boxing Gym’s prospects who debuted in 2023 as a pro. READ MORE: Jerusalem ends PHL’s world.....»»
Instead of breaking pencils to ward off bad luck, MSU-GenSan examinees donate them to IP school
GENERAL SANTOS CITY (MindaNews / 28 February) – The usual breaking of pencils after an examination did not happen to about a thousand examinees who took the recent qualifying examinations at the Mindanao State University (MSU) here. The traditional pencil-breaking practice was meant to ward off bad spells and bring good prospects to examinees, Mherzel […].....»»
UP further bolsters future, stashes hitters Yesha Noceja, UAAP HS MVP Kianne Olango
UP continues to rebuild its women's volleyball team from the ground up, adding high school champion spikers Yesha Noceja and former UAAP MVP Kianne Olango to its growing prospects stash.....»»
Daughter of missing landslide victim confronts grim prospects
MACO, Davao de Oro (MindaNews / 12 February)—The plight of a college student, whose father is among those missing after the tragic landslide in the mining village of Masara here on February 6, is further complicated by concerns about her education and the health issues of her mother and younger brother. Bea Esmero, a third-year […].....»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
UP volleyball squad announces key acquisitions
The UP women’s volleyball team has secured the commitment of two high-profile prospects from the Visayas......»»
FDI inflow down 17.5% in 10 months
The net inflow of foreign direct investments fell by 17.5 percent from January to October 2023, reflecting the adverse impact of persistent inflationary pressures and slowing global growth prospects on investor sentiment......»»
‘No tax breaks for eco-zone work-from-home firms’
Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»
Exports expected to gradually recover this year
The Philippines is expected to see an improvement in exports this year, but the recovery would be gradual, according to think tank Oxford Economics......»»
Provincial airports get P14 billion for upgrade
The Department of Transportation is allocating P14 billion this year for the development and upgrade of regional airports to support the recovery of domestic tourism......»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
Philippines air passenger volume balloons to 50 million
Air travel in the Philippines ballooned by more than half to 50.18 million passengers in 2023, but remains a mile behind pre-pandemic peak as demand for international flights is slow to pick up......»»
Omega Sports Promotions aims to revive Cebu’s glory days in boxing
CEBU CITY, Philippines— Cebu’s very own Omega Boxing Gym eyes to bring back Cebu’s former glory in boxing. Once hailed as the ‘Boxing Mecca of the Philippines,’ Cebu was a prime venue for world title bouts and top-notch fight cards. However, the Covid-19 pandemic happened. Today, Cebu’s once vibrant boxing scene is slowly getting back.....»»
Employers must expand compensation, benefits to attract top talents — report
With the year 2023 serving as a "great recovery period" for companies, an employment platform said that this year, they should improve their compensation and benefits to attract better talents......»»
Moody’s outlook: Philippine banks remain on stable footing
Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»
Bouncing Back After a Spending Spree: 3 Simple Steps to Financial Recovery
We’ve all been there — a bit too carried away with the shopping spree, and suddenly, the bank account is giving you the side-eye. No judgment here. But guess what? We’ve got a quick fix for you with three straightforward moves to get your finances back in the groove. Step 1: Hang Out with Your […].....»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
Hong Kong, Philippines work to enhance relations
Filipinos are slowly beginning to travel back to Hong Kong following continued efforts by the Hong Kong Economic and Trade Office to woo tourists from the Philippines, as well as renew and improve trade and economic ties between the two nations following the COVID-19 pandemic......»»