China Bank Savings (CBS), the retail lending arm of the SM Group’s China Banking Corporation, sees enough room for competition in the thrift banking segment, even from BDO Network Bank, as it continues to post strong earnings growth. In a chat with media after the bank’s annual stockholders’...
Century Properties Group, Inc. (CPG) has doubled its annual dividend policy to 20 percent of the previous year’s earnings, from 10 percent, as it sees faster growth amid optimism over the prospects of the Philippine real estate sector. In a disclosure to the Philippine Stock Exchange, the firm...
WORD ALIVE Once a pious woman who was bringing a bunch of novena-booklets to church met the parish priest. He asked, “Who is your favorite saint?” “Of course, I like the Blessed Virgin Mary best! But I also like her sister!” “Her sister? Who is she?” “Of...
The Samahang Weightlifting ng Pilipinas (SWP) is confident of discovering future champions and making them ready for a strong campaign in the 2028 Los Angeles Olympics. SWP president Monico Puentevella said Hidilyn Diaz-Naranjo 's victory in Tokyo four years ago served as an inspiration for...
If trade shocks are left unchecked, they could potentially inflict greater damage on Philippine growth, compromising the country’s significant progress in recent years, according to a top official of the Bangko Sentral ng Pilipinas (BSP). “In particular, trade shocks affect the capital stock of...
The Department of Public Works and Highways (DPWH) and the Asian Development Bank (ADB) inspected the rehabilitation of a key highway and bridge project linking Zamboanga Sibugay and Zamboanga del Norte on Thursday, May 22. DPWH Secretary Manuel M. Bonoan and ADB Vice-President Scott Morris led...
GMA Network Inc., the country’s top broadcast network, is taking steps to recover its ratings and profitability, on air and in the digital space, after seeing its earnings drop by 35 percent last year. “Efforts are underway to address the dip in our TV ratings as we work toward further...
Bangko Sentral ng Pilipinas (BSP) Assistant Governor Zeno Ronald R. Abenoja was officially sworn in on Tuesday, May 20, as the new Deputy Governor for the Monetary and Economic Sector, succeeding Francis Dakila following his recent retirement. BSP Governor Eli M. Remolona Jr. administered the oath...
Far from the oversupply in Metro Manila, Cebu Landmasters, Inc. (CLI) continues to enjoy strong take-up of its projects in the Visayas and Mindanao where it it is firmly entrenched. During the firm’s presentation at the Philippine Stock Exchange Investors’ Day, CLI said it posted a strong start...
Early shipment ore shipment and higher nickel prices led to a 1,568 surge in the attributable net income of Global Ferronickel Holdings, Inc. to ₱177.3 million in the first quarter of 2025 from just ₱10.6 million a year ago. The firm reported to the Philippine Stock Exchange that its revenues...
PHINMA Corporation of the Del Rosario family expects to sustain its growth this year on the strength of its education and property businesses "We are optimistic for sustained growth with the expected higher enrollment for Education, the accelerated implementation and completion of PHINMA Properties...
Grocery and liquor sales drove the growth in earnings of Cosco Capital, Inc., the listed retail holding firm of tycoon Lucio L. Co, due to recovering consumer demand as the economy continues to post strong growth while inflation eases. The firm reported a 7.6 percent improvement in consolidated net...
