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Economy seen growing by 6.2 percent this year
Philippine economic expansion may pick up in the coming months, with growth seen averaging 6.2 percent this year, well within the government’s six to seven percent target, according to BMI Country Risk & Industry Research......»»
BSP seen to cut rates by 100 bps this year
The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»
DTI allows manufacturers to downsize certain goods to offset rising costs
MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»
Security Bank expects higher profit in 2024
Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»
Ayala Land FY23 profit up 32% to P24.5-B
Ayala Land teased its full-year financial performance in a press release where it revealed that its FY23 profitability increased 32% to P24.5 billion......»»
Robust P400 billion bond listings seen this year
The Philippine Dealing & Exchange Corp. (PDEx) is optimistic this year’s domestic bond listings target will be attained as the corporate bond market is off to a good start......»»
Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»
SPNEC swings to profit in Q1
Manuel V. Pangilinan-led SP New Energy Corp. swung back to profitability in the first quarter on the back of strong contributions of its operating assets......»»
Business units power up AEV profit to P4.9 billion in Q1
Conglomerate Aboitiz Equity Ventures Inc. (AEV) registered strong profitability in the first quarter, driven by higher contributions from its business units......»»
Fewer ads take toll on GMA’s profitability
Broadcast giant GMA Network Inc. booked fewer advertising placements in the first quarter, causing its revenue to fall and consequently squeezing its profit......»»
Megawide returns to profit in 2023
Megawide Construction Corp. swung to profitability in 2023 on the back of strong revenues from its construction business......»»
Cosco nets P12.4 billion in 2023
Lucio Co’s listed retail holding firm Cosco Capital Inc. registered a slight improvement in profitability in 2023, driven by strong operating performance from all business segments......»»
6 Tips for Independent Bloggers to Make Their Websites More Lucrative
The 21st century is an era dominated by the internet and all things digital. Thus, it is also an era filled with opportunities for bloggers to secure the stability of their careers. One such opportunity is capitalizing on the profitability of their websites. If you’re a blogger yourself, making your website more lucrative can provide […].....»»
Making the switch
Brand loyalty is a major goal for companies that intend to stay in the game for a long, long time. Building a loyal customer base ensures the company’s sales and profitability, which could ultimately result in longevity of the corporate entity......»»
Parents worried over earlier end of classes this year, citing days of missed classes due to weather
DAVAO CITY (MindaNews / February 25) – Parents here are worried over the announcement of an earlier end of classes this schoolyear – May 31 instead of June 14 – citing days of missed classes due to heavy rains brought about by the shear line and trough of a low pressure area. Bebang Miloy, 37, […].....»»
Completion of new projects boosts ALLHC’s hopes this year
The completion of new projects is seen boosting the financial performance of AyalaLand Logistics Holdings Corp. (ALLHC) this year after lower revenues pulled down the company’s earnings in 2023......»»
Domestic trade expected to improve this year
Domestic trade is seen improving this year on expectations of strong economic activity and continued slowdown in inflation, according to economists......»»
Vehicle sales seen to reach 500,000 units this year
Vehicle sales in the country may hit 500,000 unit sales this year, driven by new models and production as well as better economic performance......»»
Data centers seen to boom this year
A unit of Globe Telecom Inc. said the data center business in the Philippines would boom this year in response to the growing demand for information storage worldwide......»»
Juvenile sharks seen frolicking in shores of Santander, Cebu
CONSOLACION, Cebu – Juvenile sharks were seen frolicking off the shores of Santander town in the southernmost tip of Cebu on Tuesday, February 13. Cris Ungab Oniong captured on video the juvenile sharks seemingly playing on the shallow portions of the town’s shore when he visited Santander. The video showed the sharks swimming along the.....»»