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

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

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

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

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

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.

Just in

DepEd, DILG hook schools into Unified 911 for faster emergency response

Schools are being plugged into the country’s Unified 911 emergency system, allowing reports of campus violence and security threats to reach the Department of Education (DepEd) and police simultaneously as the government moves to speed up responses to school emergencies.

Filipino cuisine serves up P773M in Paris tourism leads

Filipino cuisine is making a pitch for a bigger place on Europe’s travel menu, and the potential price tag is substantial. A total P772.8 million in sales leads generated by Philippine tourism promotions in Paris.

Almazora drives Philippine transport from carriages to modern PUVs

Before horsepower became a figure on a vehicle specification sheet, it meant exactly what it said: a horse pulling a carriage.

Philippines calls on world to fund, protect nature at COP17

The Philippines has urged the international community to urgently scale up financing for biodiversity and strengthen cooperation to turn global conservation commitments into real results, as the 17th Conference of the Parties to the UN Convention on Biological Diversity (CBD COP17) got underway here Friday, October 16.
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