Business News
Business News
Listed banks grew profit by 38%, exceeding expectations
Online stockbroker Colfinancial.com said banks collectively grew their profit by 38.1 percent to P59.4 billion in the first quarter from P43.34 billion a year...
Business News
IN APRIL AT 8.2%: Manufacturing picks up
The country’s factory output grew at a faster rate of 8.2 percent in April, the Philippine Statistics Authority (PSA) reported yesterday.
According to the PSA’s...
Business News
RRRs cut to single digit
In an anticipated move, the Bangko Sentral ng Pilipinas (BSP) yesterday said it will implement a reduction in banks’ reserve requirement ratios (RRRs) to...
Business News
More generous trade scheme to benefit PH
The Philippines can look forward to improved access on a wide range of products to the United Kingdom (UK) under the latter’s proposed Developing Countries...
Business News
NAIA upgrade mode known in Q3: DOTr
The Department of Transportation (DOTr) expects the National Economic and Development Authority (NEDA) Board to decide by next quarter on which of the mode...
