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Metrobank 1Q net income rise to P12 billion on loan, interest income growth

Banking & Insurance Context.ph Context.ph -
Metropolitan Bank & Trust Co., the country’s fourth largest lender by assets, said Tuesday net profit in the first quarter rose 15 percent to P12.0 billion on the back of increases in interest-earning assets and higher net interest margin.

BTR partially awards bond offer to cap interest rate rise

Banking & Insurance Context.ph Context.ph -
The Bureau of the Treasury rejected some of the bids for treasury bonds auctioned on Tuesday to help moderate the increase in average interest rates.

DA to implement 45-day youth internship program starting June

Agriculture Context.ph Context.ph -
The Department of Agriculture will soon accept applications for its 45-day Summer Youth Internship Program that will start in June.

Bank of Commerce starts public offer of P5 billion fixed-rate bond

Banking & Insurance Context.ph Context.ph -
The Bank of Commerce started on Tuesday started the public offer of 1.5-year bonds that would raise at least P5 billion for the listed banking affiliate of...

DMCI confident it could turn around Cemex Holdings

Corporate Context.ph Context.ph -
DMCI Holdings Inc. is confident the big bet it made in acquiring Cemex Holdings Philippines would pay handsome dividends on its own and as a result of synergies it would create with other companies in the listed diversified engineering conglomerate’s portfolio.
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Refurbished device rules won’t kill second-hand market – NTC

Communications & Technology 0
The National Telecommunications Commission (NTC) has issued proposed guidelines governing the importation and sale of refurbished mobile devices, clarifying that the framework is not intended to do away with the existing second-hand market, but rather to safeguard consumers while maintaining access to more affordable technology.

Recycled plastic chairs donated to Misamis Occidental school

Social Responsibility & Sustainability 0
Discarded plastic waste has found new purpose at Clarin Elementary School, where 50 brand-new classroom chairs made entirely from recycled materials were turned over to students this week.

Philippines semiconductor industry eyes gains from AI boom

Communications & Technology 0
The Philippines is positioned to attract fresh semiconductor investments as surging demand for artificial intelligence (AI), electric vehicles and advanced computing drives manufacturers to expand production and diversify supply chains across Asia Pacific.

Lender launches program making engineering education more accessible

Banking & Insurance 0
The Bank of the Philippine Islands (BPI) and the University of the Philippines Alumni Engineers, Inc. (UPAE) have partnered to launch a financing program that will help qualified UP engineering students finish their degrees with greater financial ease. This is BPI’s first student financing partnership with a university alumni organization, under the UPAE Study Now, Pay Later Program.
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