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Banks reap P92 billion profit in 3 months
Philippine banks turned more profitable in the first quarter, reaping almost three percent higher earnings to P92 billion due to higher net interest income. .....»»
Meralco expects higher generation charge this month
Energy utility provider Manila Electric Co. said indications point to a higher generation charge this month as the Luzon grid was placed under red and yellow alerts with several power plants are either offline or running at a reduced capacity......»»
PCSO sees higher earnings if illegal gambling curbed
The Philippine Charity Sweepstakes Office (PCSO) could have remitted higher dividends to the government had the authorities been successful in neutralizing illegal gambling operations in the country. .....»»
Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
Forex buffer hits 2-year high
The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»
Forex buffer hits 2-year high
The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»
Reissued T-bonds fetch higher rates
The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»
Baltimore bridge collapse could lead to delayed shipments, higher shipping costs
The closure of the Port of Baltimore in the US following the collapse of the Baltimore key bridge is expected to lead to shipment delays and higher shipping costs......»»
50,000 cops nationwide, including 2,100 from Central Visayas, promoted to higher positions
50,000 cops nationwide, including 2,100 from Central Visayas, promoted to higher positions.....»»
LRT-2 operator expects higher revenue this year
The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
Higher shipping costs loom as Red Sea route suspended
The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»
CEE revenue 12.8% higher in 2023
CEE revenue 12.8% higher in 2023.....»»
EDITORIAL — Higher fees, higher expectations
With no order from President Marcos stopping the move, the Philippine Health Insurance Corp. increased starting this month its members’ premium contributions, from four percent to five percent......»»
‘Congress can provide funding for SHS vouchers for SUCs’
An opposition legislator yesterday offered a solution to the Commission on Higher Education problem regarding the discontinuation of vouchers for senior high school students, saying that Congress can still provide funding if needed......»»
ACEN gets higher rating for climate change report
Ayala-owned ACEN Corp. has secured a “B” rating from environmental non-profit disclosure system CDP for its climate change disclosure, moving two levels up from last year’s rating......»»
Mayor Baste not keen on running for national post
DAVAO City Mayor Sebastian “Baste” Duterte is not interested in running for any higher posts in the upcoming 2025 elections......»»
Hearings set on higher senior, PWD discounts
The government is set to hold public consultations this week on the rules for the plan to raise the monthly discount cap on basic necessities and prime commodities for senior citizens and persons with disabilities (PWDs) to P500, according to the Department of Trade and Industry (DTI)......»»
Villar pushes extension, higher budget for RCEF
Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»
DOF mulls mining tax tweaks for royalties, windfall profits
The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»