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MANILA — The Philippines’ dollar reserves slipped for the second month in February, driven by outflows from the government’s repayments of its m
Philippines - 2 months ago
MANILA, Philippines. — The Gotianun family’s EastWest Bank saw its net income soar 32 percent to P6.1 billion in 2023 on robust consumer leading a
Philippines - 2 months ago
MANILA — Philippine stocks saw a sharp rebound on Friday as the benchmark index rallied over 100 points following gains by large cap banks and prope
Philippines - 2 months ago
PARIS, France — World food prices dropped for the seventh month in a row in February as falling cereal prices outweighed more costly sugar and meat,
Philippines - 2 months ago
Foreign investors poured substantial money into Asian equities in February amid a rebound in Chinese stocks following Beijing’s rollout of reform me
Philippines - 2 months ago
Industrial output in Germany, Europe’s biggest economy, rose more than expected in January, raising hopes that the economy is finally bottoming out
Philippines - 2 months ago
WASHINGTON —  U.S. job growth likely slowed in February after two straight months of robust gains, but the labor market probably remains too strong
Philippines - 2 months ago
MANILA, Philippines — Gokongwei-led Robinsons Land Corp. said net income last year reached a record P12.06 billion, up from P9.75 billion  in 2022,
Philippines - 2 months ago
SINGAPORE  – Asian stocks rose to a seven-month peak on Friday, tracking global peers as investors cheered the prospect of an imminent rate easing
Philippines - 2 months ago
SEOUL — South Korea’s so-called “kimchi premium” on bitcoin prices hit a two-year high this week, a cryptocurrency data firm said, as the virt
Philippines - 2 months ago
WASHINGTON — The U.S. banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees
Philippines - 2 months ago
MANILA, Philippines  — Consumers will end up paying more for their electricity bills in March—contrary to earlier projections of a decline—as p
Philippines - 2 months ago
MANILA, Philippines  — The Department of Transportation (DOTr) is working on acquiring the right-of-way (ROW) for the remaining three contract pac
Philippines - 2 months ago
MANILA, Philippines  — The local unit of Thailand-based e-commerce logistics firm Flash Express plans to expand its operations in the Philippines t
Philippines - 2 months ago
NEW YORK – U.S. layoff announcements rose 3 percent last month to the highest level in 11 months as automation-related restructuring continues t
Philippines - 2 months ago
MANILA, Philippines  — San Miguel Food and Beverage Inc. (SMFB) grew its net income by 10 percent to a record high of P38.1 billion last year after
Philippines - 2 months ago
MANILA, Philippines  — The country’s unemployment rate jumped to 4.5 percent in January from the record-low rate of 3.1 percent in December, with
Philippines - 2 months ago
NEW ORLEANS  – Mergers and acquisitions activity is poised to rebound later this year after a sluggish 2023 as the Federal Reserve is expected to c
Philippines - 2 months ago
TOKYO –  Big Japanese companies look set to formally offer hefty pay hikes at annual wage talks with unions that wrap up on March 13, a move that w
Philippines - 2 months ago
FRANKFURT – The European Central Bank kept borrowing costs at record highs on Thursday while cautiously laying the ground to lower them later this y
Philippines - 2 months ago

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