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UnionBank to scale up retail business this year

Union Bank of the Philippines is further growing its retail business and enhancing its profitability this year, along with unlocking the full potential of the acquired consumer segment of Citi and maintaining the growth of its digital bank......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Megawide returns to profit in 2023

Megawide Construction Corp. swung to profitability in 2023 on the back of strong revenues from its construction business......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Shakey‘s delivers higher profit last year

Shakey’s Pizza Asia Ventures Inc. was on a roll in 2023, ending the year with strong profitability amid inflationary pressures......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

D& L sees earnings recovery this year

D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 27th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

ADB eyes direct financing of renewable energy projects in Philippine

The Asian Development Bank (ADB) is looking at directly engaging with the Philippine government on financing renewable energy (RE) projects as part of its country partnership strategy (CPS) over the medium-term......»»

Category: newsSource:  philstarRelated News3 hr. 5 min. ago

Ukraine’s battered energy plants ‘need’ air defenses

Ukraine’s battered energy plants ‘need’ air defenses.....»»

Category: newsSource:  sunstarRelated News13 hr. 5 min. ago

Copper surges on green energy and AI

Copper is back in the spotlight. Investors are focusing on the metal’s critical role in the global transition to clean energy and the rise of artificial intelligence (AI). While gold has been hogging the headlines with its stealthy ascent to record highs, copper has quietly been making moves of its own. It has gained 17.6 percent year-to-date, outperforming most other commodities including gold......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

China bullying hurts our economy

China’s bullying in our exclusive economic zone at the West Philippine Sea is hurting our economy, particularly the energy sector. It is disrupting exploration and development of oil and gas. Whatever resources may be there will remain untapped; a tragedy given our urgent need for domestic energy sources......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

A brand cannot live on hype alone: The rise and fall of Prime energy drink

Popular energy drink Prime, co-founded by influencers Logan Paul and KSI, saw a rapid rise in sales and popularity among British tweens. Bottles were even.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 28th, 2024

No let-up on anti-fossil energy projects campaigns in Philippines

No let-up on anti-fossil energy projects campaigns in Philippines.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 25th, 2024

Charting a course for energy security

Midway through the dry season, the Philippine Atmospheric Geophysical and Astronomical Services Administration has already issued warnings of dangerously escalating heat indexes. Consequently, this forecast signals a looming surge in energy demand, posing a significant challenge for the country amid ongoing issues with power supply......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024