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Market still not conducive for IPO

PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

GSIS, PNB allot P1.2 billion for affordable housing

State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Wider margins, lower loan provisions boost PNB profit

Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

PNB asset sale seen to yield P5.4 billion

Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Choco Mucho joins PVL sister team Creamline as Allianz PNB Life ambassadors

Don’t be surprised if sister teams Creamline and Choco Mucho end up battling in a dream finals encore in the Premier Volleyball League, which ushers in its All-Filipino Conference on February 20 in Smart Araneta Coliseum......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

SUV plunges into Benguet ravine; 3 dead

Three people died and three others were injured when a sport utility vehicle fell into a 100-meter ravine along Marcos Highway in Sitio Begis, Barangay Taloy Sur in this town at dawn yesterday......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

Market plunges deeper amid Middle East conflict

The stock market plunged deeper in the red yesterday on concerns over the escalating conflict in the Middle East......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Halted by the pandemic, Philippine women’s ice hockey team plunges back to action

The Philippine women’s ice hockey team will be returning to action for the first time in years, taking part in the 2024 IIHF Women’s Asia and Oceania Championship Division 1 in Kyrgyzstan beginning next week......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Urgent: Truck plunges into cliff in central Philippines, killing 14

MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Urgent: Truck plunges into cliff in central Philippines, killing 14

MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Groseclose sees action in Gangwon

Peter Groseclose plunges into action in the fourth Winter Youth Olympic Gameson Saturday morning at the 12,000-seat Gangneung Ice Arena......»»

Category: sportsSource:  philstarRelated NewsJan 19th, 2024

Strong Group puts loaded lineup to test vs UAE

Strong Group Athletics plunges into a baptism of fire when it opens its campaign against host United Arab Emirates (UAE) national team in the 33rd Dubai International Basketball Championship Friday at the Al Nasr Club......»»

Category: sportsSource:  philstarRelated NewsJan 18th, 2024

Shell Pilipinas net income jumps to P1.4 billion in Q1

Shell Pilipinas Corp. reported a net income of P1.4 billion in the first quarter, reversing the P310.2-million net loss booked in the same quarter last year......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Balai off to a hot start with higher income

Listed bakery operator Balai ni Fruitas Inc. is off to a hot start in 2024, with net income surging by 38 percent to P13.2 million in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Pinoy farmers’ income up by 20 percent – World Bank

Filipino farmers’ income has increased by 20 percent as a result of World Bank-funded projects under the Philippine Rural Development Project (PRDP), with the country receiving a satisfactory rating on the implementation of the $600 million loan project......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Strong Residential Sales, Mall and Hotel Revenues Boost Megaworld’s Q1 Profit

Property giant Megaworld, the country’s leading township developer, saw its net income climb to P5.0-billion during the first quarter of 2024, a significant 10% increase from the same period last year. Net income attributable to shareholders of the parent company stood at P4.4-billion, marking an 8% growth year- on-year. Consolidated revenues grew by 16% to […].....»»

Category: newsSource:  metrocebuRelated News8 hr. 53 min. ago

Sun Savings Bank achieves P79M net income, expands consumer loan offerings for 2024

Sun Savings Bank achieves P79M net income, expands consumer loan offerings for 2024.....»»

Category: newsSource:  sunstarRelated NewsMay 19th, 2024

Jollibee Q1 profit: P2.6-B (up 27%)

Jollibee posted a Q1 net income attributable of P2.6 billion, up 27% from its Q1/23 net income attributable of P2.1 billion.....»»

Category: financeSource:  philstarRelated NewsMay 17th, 2024

AREIT s Q1 net income up 45%

AREIT s Q1 net income up 45%.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Jollibee s net income at P2.6B

Jollibee s net income at P2.6B.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024