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Agriculture loans surge to P3.2 trillion

Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»

Source: Philstar PhilstarCategory: FinanceMay 14th, 2024Related News

SBI s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24

New Delhi [India], May 9 (ANI): The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net profit during the entire financial year 2023-24 rose by 20.55 per cent to Rs 67,085 crore as against.....»»

Source: Manilanews ManilanewsCategory: NewsMay 10th, 2024Related News

Inflation up slightly, but still within target

The rate of increase in the average prices of consumer goods and services typically purchased by Filipinos rose slightly to 3.8 percent in April from 3.7 percent in March, driven by faster increases in food and transport costs, according to the Philippine Statistics Authority......»»

Source: Philstar PhilstarCategory: FinanceMay 8th, 2024Related News

Philippine inflation rate slightly quickens to 3.8 pct in April

MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»

Source: Manilanews ManilanewsCategory: NewsMay 7th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceMay 6th, 2024Related News

Stock Market Sell-Off Led by Nvidia and Chips; Taiwan Semiconductor Earnings Coming Up

The stock market experienced volatility on Thursday as Dow Jones futures rose along with S&P 500 futures and Nasdaq futures. The chip sector was particularly.....»»

Source: Thedailyguardian ThedailyguardianCategory: NewsApr 26th, 2024Related News

Vehicle sales up by 13% in Q1

Sales of motor vehicles in the country rose by 12.7 percent in the first quarter from a year ago, supported by strong consumer demand and improved supply......»»

Source: Philstar PhilstarCategory: FinanceApr 22nd, 2024Related News

BDO profit climbs to P18.5 billion in Q1

The net income of BDO Unibank Inc. rose by 12.2 percent to P18.5 billion in the first quarter from P16.5 billion in the same period last year on the back of sustained growth across its core businesses......»»

Source: Philstar PhilstarCategory: FinanceApr 19th, 2024Related News

Cebu Province inflation rate soared in March 2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»

Source: Inquirer InquirerCategory: NewsApr 17th, 2024Related News

Philippines financial sector expands by 8 percent in February

The total resources of banks and non-bank financial institutions rose by 7.9 percent to P30.87 trillion as of end-February from P28.58 trillion in the same period a year ago, based on preliminary data from the Bangko Sentral ng Pilipinas......»»

Source: Philstar PhilstarCategory: FinanceApr 16th, 2024Related News

Korean singer Park Bo Ram passes away at 30

Singer-songwriter Park Bo-ram, who rose to fame on the singing competition show "Superstar K2," passed away at age 30......»»

Source: Philstar PhilstarCategory: MoviesApr 13th, 2024Related News

Cybercrime cases continue to rise, up 21.84 percent in Q1

Cybercrime cases rose by 21.84 percent in the first quarter of 2024, according to the police Anti-Cybercrime Group......»»

Source: Philstar PhilstarCategory: NewsApr 9th, 2024Related News

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Source: Abscbn AbscbnCategory: LifestyleApr 7th, 2024Related News

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Source: Abscbn AbscbnCategory: LifestyleApr 7th, 2024Related News

Philippines sees increase in hotel bookings from overseas in 2023 — report

Hotel bookings from overseas rose in the Philippines in 2023, a report on hotel booking trends by hotel channel manager SiteMinder found......»»

Source: Philstar PhilstarCategory: NewsMar 28th, 2024Related News

Creative economy grows to P1.72 trillion

The value of the country’s creative economy rose by 6.8 percent in 2023 from a year ago as the sector employed more people, according to the Philippine Statistics Authority......»»

Source: Philstar PhilstarCategory: FinanceMar 23rd, 2024Related News

Ribas-Namajunas clash headlines UFC Fight Night

Expect an electrifying battle between the eighth-ranked flyweight Amanda Ribas against former strawweight champion Rose Namajunas......»»

Source: Philstar PhilstarCategory: SportsMar 21st, 2024Related News

Philippines rises 23 spots in World Happiness Report

The Philippines rose 23 spots to land 53rd in the in the 2024 World Happiness Report. The Philippines was 76th in the World Happiness Report in 2023 and 60th in the 2022 report. The country also ranks as the 2nd happiest country in Southeast Asia, next to Singapore, which placed 30th. READ MORE: What makes Cebuano.....»»

Source: Inquirer InquirerCategory: NewsMar 21st, 2024Related News

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Source: Inquirer InquirerCategory: NewsMar 15th, 2024Related News

Ayala Corp profit hits record high in 2023

Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»

Source: Philstar PhilstarCategory: FinanceMar 13th, 2024Related News