PBB nets P1.26B | Inquirer Business
Zest-O group-led Philippine Business Bank grew its 2019 net profit by 46.4 percent to P1.26 billion on higher interest earnings from lending activities alongside some treasury windfall. In a disclosure…
Q&A: Oil prices hit new lows as economic pain deepens
Oil tank train cars sit idle Tuesday, April 21, 2020, in East Chicago, Indiana. (AP) NEW YORK — A barrel of oil now costs less than a cheap bottle of…
Back to work? Companies finding it easier said than done
Workers assemble Apple products at an Apple manufacturing plant in Austin, Texas in this November 2019 file photo. (AP) NEW YORK — As state and federal leaders tussle over when…
Acting Neda chief gets list of priorities from Duterte: National ID on top
Acting Socioeconomic Planning Secretary Karl Kendrick Chua would have a full plate after President Rodrigo Duterte listed at least three priorities of the National Economic and Development Authority (Neda) after…
PH’s biggest management group submits plan to resume public transport during COVID-19 lockdown
A business group proposed that only buses and trains be allowed to operate in Metro Manila in the meantime, opening modes of public transportation that it thinks are enough to…
Manulife sweetens premium offering | Inquirer Business
Life insurer Manulife and its bancassurance arm slashed first year premium rate on select local protection products by 20 percent, to make coverage more accessible to Filipinos during the current…
San Miguel scales up nutribun production
production of Nutribun Conglomerate San Miguel Corp. has scaled up production of the iconic nutribun to augment ongoing food donation to poor households displaced by the Luzon-wide lockdown. From the…
Return of 35-day T-bills yields P15-B in awarded IOUs
The Bureau of the Treasury’s offering of 35-day T-bills on Tuesday (April 21) was met with robust demand leading to P15 billion in awarded IOUs with an average rate of…
Wuhan restarts: Measures announced to boost consumption
A poster of the consumption coupon issued by the Wuhan municipal government and Alipay. China Daily/Asia News Network BEIJING — Wuhan has unveiled a series of measures to ensure people’s…
Electronics industry gearing up for surge in demand in post-coronavirus era
Korea Chamber of Commerce and Industry Vice Chairman Woo Tae-hee (left) speaks at a meeting with electronics industry experts, Tuesday. (Yonhap) SEOUL — South Korea’s electronics industry is gearing up…