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Sari-sari stores post P8 billion in sales in 2023

Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»

Category: financeSource: philstar philstarFeb 17th, 2024

Xinhua world economic news summary at 0900 GMT, March 18

BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong

Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

Vehicle sales exceed 2023 target

Vehicle sales surpassed the industry’s target last year, registering a 21.9 percent growth amid sustained consumer demand and improved supply conditions......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

2023 annual sales by Geely Holding Brands rise 20% to 2.79m units

For the sixth consecutive year, Geely Holding achieved more than 2 million units in aggregate sales......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Axelum turns around in Q1 on higher sales

Higher sales helped Axelum Resources Corp. post a positive turnaround in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Petron earnings grow 16 percent to P3.9 billion in Q1

The net income of Petron Corp. went up by 16 percent to P3.93 billion in the first quarter from P3.4 billion in the same quarter last year on the back of higher sales volume......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Jollibee FY23 profit: P8.8-B (up 16%)

Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»

Category: financeSource:  philstarRelated NewsMar 13th, 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

Alveo reservation sales reach record high in Q1

Alveo Land, the brand for upscale properties of real estate developer Ayala Land, is off to a good start this year with record high reservation sales in the first quarte.....»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Lower March sales pull down Wilcon earnings in Q1

Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Meralco expects higher sales in Q2

Manila Electric Co. (Meralco) expects its sales to grow by six to eight percent from April to June, according to chief commercial officer Ferdinand Geluz......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Panaad 2024: Cadiz City sales drop by 46%

Panaad 2024: Cadiz City sales drop by 46%.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Weakened purchasing power causes 20% drop in Panaad Festival sales

Weakened purchasing power causes 20% drop in Panaad Festival sales.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Panaad Festival 2-day sales generate P4.4M

Panaad Festival 2-day sales generate P4.4M.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Lawmaker proposes discounted fuel sales for public transport sector

Lawmaker proposes discounted fuel sales for public transport sector.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

Vehicle sales rev up by 23% in February

Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024