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Metrobank profit rises by 14 percent to P12 billion in Q1

Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»

Category: financeSource:  philstarRelated NewsMay 1st, 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

Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town

CEBU CITY, Dec. 17 (PNA) — Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in northern Cebu.........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 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

Vehicle sales off to fast start in January

Car sales continued to rise in January, expanding by 15.5 percent to 34,060 units from 29,499 units in the same period last year, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 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

Aboitiz units power Davao’s run-of-river hydro plants

The Aboitiz Group has committed to further improve water supply in Davao after the inauguration of the Davao City bulk water supply project last month......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

DepEd DC s Solitario accepts Farnazo’s challenge to improve Palaro gold haul

DepEd DC s Solitario accepts Farnazo’s challenge to improve Palaro gold haul.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

DFA seeks passage of Magna Carta for seafarers after deadly attack

“We do believe that any law which will improve the lot of seafarers should be signed as soon as possible, but we fully respect the desire of the president and legislators to improve the bill as it is.”.....»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

Lacson hopes NGCP to improve power situation

Lacson hopes NGCP to improve power situation.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Cebu City eyes ‘Singapore-like’ railway system to improve transport

CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Davao City barangays need to improve disaster response

DAVAO CITY (MindaNews / 21 February)—Dabawenyos believe that barangays in this city should improve on disaster response efforts to deal with calamities more effectively, according to a survey conducted by the University of Mindanao’s Institute of Popular Opinion (UM-IPO). During “Wednesdays Media Forum at Habi at Kape,” Dr. John Vianne Murcia, UM-IPO director, said that […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

Philippines urged to improve broadband infrastructure

The Philippines will need to pursue and implement reforms aimed at encouraging competition and investments to improve its broadband infrastructure, according to a World Bank study......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Celtics rout Rockets 145-113 to improve to 19-0 at home

Celtics rout Rockets 145-113 to improve to 19-0 at home.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

68 LGUs now onboard Paleng-QR Ph

The Bangko Sentral ng Pilipinas has onboarded 68 local government units onto its Paleng-QR Ph Plus program since its launch in 2022, promoting the use of digital payments in public markets, public utility vehicles and business establishments......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

131 LGUs in state of calamity due to El Niño

Over a hundred local government units have declared a state of calamity over El Niño-induced droughts and extreme heat. .....»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Invest and own a piece of paradise with Jpark Island Resort Condotel

Jpark Island Resort & Waterpark. Mactan Cebu announces a grand investment opportunity with the launch of Jpark Island Resort  & Waterpark. Mactan Cebu Condotel on April 24, 2024. The resort’s condotel investment opportunity consists of 355 units with guaranteed annual returns and a buy-back deal after 10 years. with an exit plan. The investment allows.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

Police, Bangsamoro LTO maximize joint law enforcement activities

The police and the Bangsamoro transportation and communications ministry have fused ranks for a crackdown on private and passenger vehicles with dubious documents and to prevent entry into the autonomous region of stolen units from outside......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

Ayala Group scales up 2024 budget to P284 billion

The Ayala Group is hiking its capital expenditures this year, with its property and energy units poised for higher spending to support their expansion......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024