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PBB earnings lifted by interest income, trading gains, lower impairment losses

Banking & Insurance Context.ph Context.ph -
The Philippine Business Bank said first-quarter net income rose 4.6 percent to P511.5 million, aided by a steady growth in interest and fee-based income, lower impairment losses, and strong trading gains.

Gold price surge lifts Apex Mining income by 55 percent

Corporate Context.ph Context.ph -
Apex Mining Co. Inc. reported consolidated net income of P852.7 million in the first three months this year or 55 percent more than only P548.8 million generated last year.

Property owners group allows lease-free use of their buildings

Corporate Context.ph Context.ph -
A group of property owners numbering 615 across the country have agreed to allow Globe Telecom Inc. the use of their buildings rent-free for telecommunications purposes.

GoTyme acquires fintech salary lender SaVii

Banking & Insurance Context.ph Context.ph -
GoTyme Bank on Tuesday said it acquired SAVii or the New Cross Credit and Financing Gate PH Inc. to help it expand its payroll-enabled financial products operations. 

Treasury awards entire P30 billion offered at bond auction

Banking & Insurance Context.ph Context.ph -
The Bureau of the Treasury awarded in full the P30 billion of 10-year treasury bonds it offered amid strong demand at Tuesday’s auction.
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DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

Agriculture 0
The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

GSIS opens new Dagupan branch

Corporate Bulletins 0
The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.

September WESM prices rise 3.1% nationwide, set to reflect in October bills

Energy & Mining 0
Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.

Rockwell joins expanded 4PH to widen homeownership access

Property 0
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
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