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Against a tide of falling profits due to the pandemic, Alsons Consolidated Resources Inc. (ACR) saw its first semester net earnings hit P1.4 billion, 375-percent higher compared to P293 million…
The Management Association of the Philippines (MAP) warned lawmakers against a year-long freeze on debt payments, fearing good intentions might lead to worse problems since most of the country’s bank…
The World Bank will approve financing for another $1.9 billion in projects in the Philippines before yearend to help the economy recover from the COVID-19-induced recession, the Department of Finance…
As the Bureau of the Treasury made available the five-year retail treasury bonds (RTB) it recently offered on more online channels as well as via a mobile app, Filipinos living…
The country’s rural and cooperative banks remain stable and are in a strong position to support the financing needs of micro, small and medium enterprises as well as large firms…
Once a candidate to head the country’s largest telecommunications company, PLDT Inc., Ernesto “Eric” Alberto was named president of emerging rival Dito CME Holdings. Dito CME said in stock exchange…
Import duties and other taxes collected from oil products have reached P97.1 billion since the government began injecting fuels with chemical markers in September last year, the Bureau of Customs…
Once a candidate to head the country’s largest telecommunications company, PLDT Inc., Ernesto “Eric” Alberto was named president of emerging rival DITO CME Holdings on Friday. DITO CME said in…
MANILA, Philippines — Taipan Lucio Tan continued to pump billions of pesos into Philippine Airlines (PAL), helping keep the flag carrier afloat as losses in the first semester of the…
MANILA, Philippines — The country’s rural and cooperative banks remain stable and are in a strong position to support the financing needs of micro, small, and medium enterprises as well…
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