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EastWest Bank profit hits P6.1 billion

Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

DMCI profit shrinks 25% to P5.6 billion in Q1

Earnings of diversified engineering conglomerate DMCI Holdings Inc. fell by a quarter in the first three months as a result of lower contributions from most of its businesses......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Security Bank earns P2.6 billion in Q1

Security Bank Corp. earned 11 percent more to P2.62 billion in the first three months from P2.36 billion in the same period last year amid the robust growth in the bank’s retail and micro, small, medium enterprise businesses......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

GOCC dividends surge to P88.6B - The Manila Times

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Market slips from last minute selling

The Philippine Stock Exchange index (PSEi) slipped by 9.51 points, or 0.14 percent, to close at 6,618.69, while the broader All Shares index dipped by 0.37 point, or 0.01 percent, to settle at 3,524.15......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Pagdanganan slips with 73, falls behind by 10

Bianca Pagdanganan encountered challenges in a switch in tee-time, resulting in a two-over 73 and a drop to tied 14th halfway through the JM Eagle LA Championship still controlled by Australian Grace Kim in Los Angeles, California Friday (Saturday Manila time)......»»

Category: sportsSource:  philstarRelated NewsApr 27th, 2024

Cebu pharmacist group defends pharmacist over viral prescription issue

CEBU CITY, Philippines — A group of pharmacists here came to the defense of their fellow pharmacist who got embroiled in a social media fiasco involving prescription drugs. The Cebu Pharmacists Association Inc. defended their colleague for refusing to sell prescription medications to a customer who failed to present any prescription slips, a video of.....»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2024

Bantag slips from NBI dragnet in Baguio City

Former Bureau of Corrections chief Gerald Bantag, for the second time, slipped from authorities early Saturday morning when agents of the National Bureau of Investigation- Cordillera Administrative Region (NBI-CAR) went to one of the alleged lair of the former corrections official in Mines View barangay in Baguio City......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

FPRRD senatoriable rating slides

FORMER president Rodrigo Duterte slips down from the top spot of the leading candidate for the 2025 Senatorial Elections in a PUBLiCUS Asia survey......»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Market slips ahead of US Fed meeting

Share prices pulled back yesterday as investors treaded with caution ahead of the policy meeting of the US Federal Reserve......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

The Daily Guardian: S& P 500 slips to start the week as Wall Street takes a breather from record highs

The stock market saw a slight dip on Monday as major indexes retreated from record highs reached last week. The S&P 500 closed at 5,069.53,.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 27th, 2024

Japan unexpectedly slips into recession, Germany now world’s third biggest economy

Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»

Category: newsSource:  rapplerRelated NewsFeb 15th, 2024

Fisheries output slips in 2023

Local fisheries production in 2023 slipped by 1.8 percent to 4.26 million metric tons from 4.34 million MT in 2022 as catch by both commercial and municipal fishers decreased, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

Malixi slips with wind-blown 78, falls by 6

Rianne Malixi struggled in rainy, windy conditions and hobbled with a five-over 78 at the Yarra Yarra Golf Club, tumbling from joint second to a share of 13th halfway through the Australian Amateur......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Malixi slips to joint third

Rianne Malixi flourished in an early backside start but faltered with shaky putting in the last 12 holes, ending up with a 72 to fall by four behind a steady Nika Ito halfway through the Australian Master of the Amateurs Championship at the Southern Golf Club in Braeside City in Melbourne Wednesday......»»

Category: sportsSource:  philstarRelated NewsJan 11th, 2024

BFP: Over 3,000 fires recorded in first 2 months

More than 3,000 fires have been recorded in the first two months of the year, causing over P1.3 billion in damage, according to the Bureau of Fire Protection (BFP)......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Residential, mall growth boost FLI profit

The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

LTG delivers steady profit

LT Group Inc. of taipan Lucio Tan posted a slight improvement in its profit in the first quarter as strong performances from its banking and beverage units were weighed down by lower earnings contributions from other businesses......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit

Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»

Category: newsSource:  sunstarRelated NewsMay 11th, 2024