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Dito wants to capture 20 percent of market
Telco newcomer Dito Telecommunity Inc. has set its sights on cornering up to 20 percent of the market for mobile users, as the company shifts its focus from network expansion to customer acquisition......»»
Pre-colonial Surigao Treasure reunited after 40 years in Ayala Museum
The "Gold of Ancestors" exhibit in the Ayala Museum is getting a temporary expansion after the Bangko Sentral ng Pilipinas loaned 38 pre-colonial goldworks for a "new" exhibit......»»
More EVs to benefit from zero tariffs
More electric vehicles including e-motorcycles and e-bikes can enjoy lower tariffs until 2028 after the National Economic and Development Authority Board approved the expansion of the tariff coverage under Executive Order 12......»»
McDonald’s opening 60 more stores in Philippines this year
Golden Arches Development Corp., the company behind McDonald’s Philippines, is ramping up its expansion with plans to open more stores outside Metro Manila......»»
ICTSI to build $800 million terminal in Batangas
International Container Terminal Services Inc., the listed ports giant led by tycoon Enrique Razon, has no desire of slowing down its domestic expansion, as it will invest $800 million to build a container terminal in Batangas......»»
Cebu Landmasters gaining traction on expansion moves
Cebu Landmasters Inc. (CLI)’s foray into the Luzon market continues to gain traction, with Cavite emerging as a strong contender to be among its initial locations......»»
Goldilocks rolling out 30 franchise-owned stores
Goldilocks Bakeshop Inc., part of the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores this year as it continues to drive expansion through partnerships......»»
Economy seen growing by 6.2 percent this year
Philippine economic expansion may pick up in the coming months, with growth seen averaging 6.2 percent this year, well within the government’s six to seven percent target, according to BMI Country Risk & Industry Research......»»
Credit growth climbs to 11-month high in March
Consumer loans jumped by 25.4 percent to P1.32 trillion in March, slightly faster than the 25.2 percent expansion a month ago......»»
Philippines FDI net inflows grow by 29.3 pct in February
MANILA, May 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 29.3 percent in February to reach 1.4 billion U.S. dollars, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) attributed the surge in FDI inflows in February to the 927.3 percent expansion in nonresidents' net investments in equity capital, excluding reinvestment of earning.....»»
Philippines GDP expands by 5.7 pct in Q1
MANILA, May 9 (Xinhua) -- The Philippines' gross domestic product (GDP) expanded 5.7 percent year-on-year in the first quarter of 2024, the Philippine Statistics Authority (PSA) said Thursday. The latest figure is higher than the 5.5 percent growth in the fourth quarter of 2023, but lower than the 6.4 percent expansion posted in the first quarter of 2023. PSA head Dennis Mapa told a press conference that.....»»
Below target growth dampens market
The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»
Alfonso Brandy’s Alfie Alley Year 2 launch a grand success, sets stage for nationwide expansion
Pop Up Katipunan was the scene of another milestone gathering as over 3,000 attendees, including Alfonso Brandy’s loyalists fondly called “Tropang Alfie” and prominent influencers, came together to celebrate Alfie Alley Year 2......»»
Watsons unveils Naturals lineup with Prestige Rose variant, redefining clean beauty through affordability and quality
Watsons, a leading health, wellness, and beauty retailer, continues its commitment to making clean beauty accessible. The brand proudly announces the expansion of its Naturals lineup, offering a diverse range of head-to-toe personal care products. Crafted with over 90% natural ingredients and free from harsh chemicals, this collection reflects Watsons’ dedication to providing affordable and.....»»
Chinabank profit jumps 18 percent to P5.9 billion
The earnings of China Banking Corp. grew by 18 percent to P5.9 billion in the first quarter from P5 billion in the same period a year ago, driven by sustained expansion of its core business......»»
Foreign operations carry ICTSI back to growth mode
International Container Terminal Services Inc. of tycoon Enrique Razon Jr. shipped itself back to expansion mode, as profit rose by 36 percent in the first quarter of the year......»»
NLEX seeks P5 billion funding for decongestion projects
The concessionaire managing the North Luzon Expressway (NLEX) plans to raise as much as P5 billion this year to fund expansion projects that would improve traveling experience......»»
NLEX spending P9 billion for C5 link, road widening
North Luzon Expressway (NLEX) Corp. will spend nearly P9 billion for the construction of a direct access to C-5 Road and the expansion of a certain portion of its tollway......»»
India’s biggest port operator eyes Bataan for expansion
India’s largest commercial port operator is eyeing to expand its operations in the Philippines, citing the country’s “stable” regulations and business environment under President Marcos......»»
Metro Retail Breaks Ground on Four New Supermarket Stores in the Visayas
Metro Retail Stores Group, Inc. (MRSGI) recently made strides in its expansion efforts in the Visayas with the groundbreaking for four new supermarket stores in Cebu and Leyte, marking the beginning of increased accessibility and convenience for these communities. At each ceremony, Benedicto C.T. Miranda, Vice President of Store Network Development of MRSGI, highlighted the […].....»»