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Trade gap expected to widen further

The Philippines’ trade deficit is expected to widen further this year amid weaker exports and stronger imports, according to Dutch financial giant ING......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Philippines, Vietnam to expand trade ties to $10 billion

The Philippines and Vietnam will explore untapped areas for cooperation to expand their bilateral trade from $7 billion to $10 billion in the coming years, according to President Marcos......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

British chamber remains optimistic on UK-Philippines trade growth

With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Magic beat Cavaliers 121-83 to cut their deficit to 2-1

Magic beat Cavaliers 121-83 to cut their deficit to 2-1.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

MCWD water deficit now affects 50,000 households in Metro Cebu

CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Government budget back to deficit in February

The government reverted back to a budget deficit in February after a quick surplus at the start of the year, but a narrower gap can still be expected as the tax season draws near......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Bacolod Yuhum Foundation records another deficit in MassKara collection

Bacolod Yuhum Foundation records another deficit in MassKara collection.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

BOP swings to deficit in January

The country’s balance of payments swung to a deficit of $740 million in January, the highest in almost a year, as the government paid its foreign currency debt obligations......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

US budget deficit tops half a trillion

Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

BoP reverts to surplus, reaches $3.7 billion last year

The country’s balance of payments position reverted to a surplus, hitting $3.67 billion last year and reversing the $7.26 billion deficit recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

‘Save Poro’s trees’: Parish church widens calls vs tree-cutting

CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»

Category: newsSource:  inquirerRelated NewsMay 16th, 2024

RHI widens net loss to P360 million

The attributable net loss of sugar and ethanol producer Roxas Holdings Inc. (RHI) in the first quarter of its current fiscal year widened to nearly P360 million as revenues plummeted due to stoppage of its sugar and bioethanol businesses......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

GCash widens global reach

Overseas Filipino workers may connect their GCash accounts with foreign banks by the second quarter of the year, expanding the financial services they can access in the e-wallet......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

RLC posts record P12.1 billion profit in 2023

Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Metrobank earns record P42.2 billion in 2023

Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Pag-IBIG releases record P126 billion in home loans

The Home Development Mutual Fund, commonly known as Pag-IBIG, has released a record P126 billion in housing loans last year for nearly 97,000 members......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

AUB profit hits record high in 2023

Rebisco-led Asia United Bank and its subsidiaries boosted earnings by 32 percent to a record high of P8.3 billion in 2023, from P6.3 billion in 2022......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

BDO raises record P63 billion from bond offer

BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024