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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.....»»
Strong Group falls short of title after opponent s buzzer-beater
Strong Group Athletics’ dream run in the Dubai International Basketball Championship came to a heartbreaking end after a buzzer-beater by Ismail Ahmad Abdelmoneim gave Al Riyadi Club the championship, 77-74......»»
Heartbreaker: 30-year pro Somaa crushes Strong Group title push off buzzer-beater 3
Strong Group-Philippines painfully falls short of its championship bid in Dubai as Al Riyadi-Lebanon sinks a game-winning three right at the buzzer.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»
Carcar rape: Bank employee claims 17-year-old girl flirted with him
CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»
BPI renews alliance with Mizuho Bank
The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»
Philippine exports surpass 100 bln USD in 2023
MANILA, April 1 (Xinhua) -- Philippine exports exceeded 100 billion U.S. dollars for the first time in 2023, with a total of 103.6 billion dollars, a 4.8 percent increase from 2022, the Philippines' Department of Trade and Industry (DTI) said Monday. Citing data from the Bangko Sentral ng Pilipinas (BSP), the country's central bank, DTI Secretary Alfredo Pascual said that the strong performance of the informatio.....»»
Rain lessens drop in Angat water level
Rain and cloudy skies have lessened the drop in the water elevation of Angat Dam in the past two days, according to an official of the Metropolitan Waterworks and Sewerage System (MWSS)......»»
Panaad 2024: Cadiz City sales drop by 46%
Panaad 2024: Cadiz City sales drop by 46%.....»»
Weakened purchasing power causes 20% drop in Panaad Festival sales
Weakened purchasing power causes 20% drop in Panaad Festival sales.....»»
Water supply drop eyed as Angat level dips further
The water level in Angat Dam is expected to drop to its minimum of 180 meters by the end of May, according to an official of the Metropolitan Waterworks and Sewerage System......»»
Davao City rape cases drop
Davao City rape cases drop.....»»
‘Angat’s water level to drop by .40 meters daily’
The water level in Angat Dam may drop by up to .40 meters daily in April as the temperature gets warmer due to El Niño......»»
Angat’s water level may drop to 190 meters
The water level in Angat Dam is expected to drop to 190 meters by the end of this month as elevations in other dams in the country continue to decrease due to the El Niño phenomenon......»»
DMCI Holdings posts 20% profit drop in 2023
Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»
PVO notes drop in egg price
PVO notes drop in egg price.....»»
DR Congo: Free Prominent Journalist, Drop Charges
(Kinshasa) - The Democratic Republic of Congo authorities should immediately and unconditionally release the prominent journalist Stanis Bujakera, and drop the charges against him, Human Rights Watch said today. Bujakera has been detained since September 8, 2023, in police custody and later at.....»»
Drop Everything and Read
Drop Everything and Read.....»»