Monday, 15 September 2025, 5:33 am

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    China Bank 2022 net profit at P19.1B, up 27%

    China Banking Corp., the country’s fifth largest lender by assets, said Tuesday net profit last year rose 27 percent to P19.1 billion, pushing return on equity to 15.1 percent and return on assets to 1.6 percent.

    Converge, South Korea’s KT in potential partnership deal

    Converge ICT Solutions Inc., a listed pure fiber telecom company, said Tuesday it signed a memorandum of understanding with South Korea’s KT Corp,, formerly...

    Semirara posts record profit in 2022 on coal, electricity sales

    Semirara Mining and Power Corp., a coal miner and power producer, said Tuesday net profit last year hit a new record high P39.9 billion,...

    More business urged venture into e-commerce

    More companies are encouraged to venture into e-commerce as the bulk of customers continue to buy a product or service online with free delivery...

    Meralco 2022 net profit of P28.4B up 21%; declares cash dividend

    Manila Electric Co., the country’s largest power distributor, said Monday net profit in 2022 rose 21 percent on year to P28.4 billion, bolstered by higher electricity sales.

    Just in

    NNIC’s first year at NAIA: Smoother flights, smarter tech

    One year after taking over operations of Ninoy Aquino International Airport (NAIA), New NAIA Infrastructure Corp. (NNIC) is set to roll out a new facial recognition system powered by Collins Aerospace, allowing passengers to check in, drop bags, clear security, and board using only their face.

    Unilever powers PH sites with 100% geothermal energy

    Unilever Philippines has renewed its partnership with First Gen Corp., the country’s leading renewable energy (RE) producer, to power seven of its production and distribution sites with approximately 10 megawatts of geothermal energy.

    P20 rice reaches 57K transport workers

    The Marcos Jr. administration has expanded its flagship affordable rice initiative to the transport sector, with over 57,000 public transport workers now set to benefit from P20 per kilo rice under the “Benteng Bigas, Meron Na!” program.

    Barbell approach advised as inflation rises

    Manulife Investment Management is advising investors to adopt a barbell investment strategy in response to the unexpected uptick in the country's inflation rate in August. The strategy, aimed at navigating an increasingly uncertain interest rate environment, involves allocating capital to short-term bonds to benefit from immediate policy rate adjustments, while selectively adding long-term bond exposure if inflation expectations remain anchored.
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