BSP Governor Remolona recognized among World’s Best Central Bankers
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. was honored with an “A-” rating by Global Finance Magazine in its 2024 Central Banker Report Cards, recognizing his leadership and the BSP’s performance over the past year.
Philippine economy grows a slower 5.2% in 3Q
The Philippine economy expanded by 5.2 percent year-on-year in the third quarter, a slower pace mainly due to the contraction in agriculture as a result of El Niño and several typhoons that negatively impacted farm output, along with a moderation in the growth of industry and services.
Robinsons Land nine-month profit up 13% on portfolio gains
Robinsons Land Corp., the property arm of the Gokongwei Group, saw nine-month net income rise 13 percent year-on-year to P10.01 billion on the back of growth across its real estate portfolio.
Philippine banks remain strong, driven by solid growth and reforms
Philippine banks have demonstrated sustained growth and resilience, according to the Bangko Sentral ng Pilipinas (BSP) in its recently released Report on the Philippine Financial System for the First Semester of 2024.
Lenovo Philippines partners with MEC Networks to expand software distribution
Lenovo Philippines has bolstered its local software distribution capabilities through a new partnership with MEC Networks Corporation.
