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Monde Nissin sees sales, earnings growth in 2023
Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»
Security Bank sees 5.8 percent economic growth in Q4
Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
Amid bearish sentiment, bargain hunting could lift stocks
The stock market is expected to sustain its bearish sentiment this week, but potential bargain hunting may eventually lift shares out of the doldrums......»»
Amid bearish sentiment, bargain hunting could lift stocks
The stock market is expected to sustain its bearish sentiment this week, but potential bargain hunting may eventually lift shares out of the doldrums......»»
Stocks to test 7,000 resistance
The stock market looks to sustain its momentum and advance to the 7,000 level this week, with investors keeping an eye on more corporate earnings results and positive cues abroad to fend off selling pressures......»»
Filipino children get access to potable water thanks to innovative powdered mixture
With an average of 20 typhoons visiting the Philippines each year, rural and urban communities sustain significant damage to their sources of drinking water, including waterways and deep wells......»»
Child with Cancer from Zamboanga del Norte Calls for Help
A four-year-old girl from Brgy. Poblacion, Siayan, Zamboanga del Norte is calling for financial assistance to help sustain her chemotherapy treatment. Lucille Jhen Dionaldo was diagnosed with Acute Lymphoblastic Leukemia (ALL) last September 19, 2023, 2 months after she celebrated her 4th birthday. Her symptoms started to manifest weeks prior to her diagnosis as pallor,.....»»
GCash targets to go public in H2
E-wallet leader GCash is preparing to offer its shares to the public in the second half of the year as it pushes on with its aggressive expansion to sustain its leadership in financial technology......»»
2 Entrepreneurial Skills to Learn in 2024
As captains of small businesses, owners are responsible for steering their respective works of love through unpredictable waters. This comes more important in 2024, where a new set of challenges await, calling for a new set of abilities to learn and master. As we set sail into 2024, the importance of honing specific skills becomes […].....»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
Landbank sees 2-digit earnings this year
Land Bank of the Philippines is looking at a double-digit growth in net income this year following a record performance in 2023......»»
Philippines to lead ASEAN in growth this year
The Philippines is projected to be the fastest-growing economy in Southeast Asia this year, according to the Association of Southeast Asian Nations Plus 3 Macroeconomic Research Office......»»
PNB books 10.4% growth in Q1 income
Philippine National Bank of tobacco and airline magnate Lucio Tan booked a 10.4-percent increase in earnings to P5.31 billion in the first quarter from a year-ago level of P4.81 billion, boosted by core business growth and lower credit provisions......»»
SMC, SMIC Phl growth drivers
The Philippines’ two largest conglomerates are powering the country’s robust economic growth this year and in the coming years......»»
Digital banks post significant deposit, loan growth in 2023
The digital banking sector has recorded a significant growth in total deposits and loans in 2023 compared to a year ago, as consumers looked for more accessible and user-friendly financial services......»»
China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
Quick rollout of PPPs to boost economic growth
The rollout of more infrastructure projects that involve the private sector is expected to prop up economic growth with the government likely to make up for its lagged spending last year, according to banking giant UBS......»»
Wholesale price growth slowed in 2023
Growth in bulk prices of goods in the country eased last year as food and three other commodity groups posted slower price increases, according to the Philippine Statistics Authority......»»