The net income of Asia United Bank (AUB) jumped 56 percent to P6.3 billion, boosted mainly by increased loan volume, higher margins, and improvement on loan loss provisions.
Semirara Mining and Power Corp. said its board approved cash dividends that total P14.88 billion and will be sourced from unappropriated retained earnings of the coal miner and power producer.
The Pork Producers Federation of the Philippines Inc. (ProPork) has urged the Department of Agriculture (DA) and the Bureau of Animal Industry (BAI) to consider the Cebu provincial government strategy in mitigating the impact of the African swine fever (ASF) on its hog population.
Finance Secretary Benjamin Diokno underscored the Marcos administration’s message of unity and committed to strengthening inter-sectoral ties for economic recovery as he addressed the Filipino-Chinese business community.
In an effort to provide optimal services to taxpayers, the Bureau of Internal Revenue (BIR) has authorized the filing and payment of the 2022 Annual Income Tax Return (AITR) anywhere.
The Philippine software industry must pivot from a labor-intensive outsourcing model to a knowledge-driven, high-productivity ecosystem as artificial intelligence (AI) reshapes global demand, according to Jonathan de Luzuriaga of the Philippine Software Industry Association.
President Ferdinand Marcos Jr. on Wednesday signed into law Republic Act No. 12316, a measure granting him the authority to suspend or reduce excise taxes on petroleum products in response to surging global oil prices.
A power consortium has started building 24 microgrid projects worth about P2.1 billion to bring electricity to remote communities in Palawan, Cebu, and Quezon Province.