Japan joins PH naval drills, underscoring growing security ties
The Japan Maritime Self-Defense Force (JMSDF) destroyer JS OONAMI arrived in Manila for a port visit ahead of joint military drills. The visit highlights deepening defense ties between Japan and the Philippines amid growing regional security cooperation.
Strong lending, margins drive BPI 9-month earnings
Bank of the Philippine Islands (BPI), the country’s third largest lender by assets, said strong loan growth and wider margins boost its financial performance in the first nine months of the year, with net income climbing 5.2 percent year-on-year to P50.5 billion.
Century Pacific expands coconut venture in Mindanao
Century Pacific Food Inc. (CNPF) is deepening its footprint in the global coconut industry with a USD45 million (P2.6 billion) investment to acquire and upgrade a coconut processing facility in Tupi, South Cotabato, as demand for coconut-based products surges worldwide.
Palay output up 18 percent, corn dips in 3Q—PSA
Palay production for the third quarter is projected to rise by 18 percent year-on-year to 3.93 million metric tons, largely driven by a surge in output from rainfed areas, according to the Philippine Statistics Authority (PSA).
Fil-Am Erik Spoelstra named head coach of Team USA
Erik Spoelstra may be at home under the South Beach sun, but he certainly would not mind the glitter of Olympic gold.
