Credit cards, car loans remain top draws as bank products
Car loans and credit cards remain the banks' most popular products in latest data showing consumer loans having grown slightly above 25 percent in February this year.
SMC spending P8-billion to widen SLEX, build new toll road
The tollway unit of San Miguel Corp. has set aside P8.06 billion as capital expenditure (capex) this year to partially finance the expansion of an existing expressway and the construction of a new toll road.
Monde Nissin narrows losses to only P625 million in 2023
Monde Nissin Corp., makers of Lucky Me! Noodles and the popular Skyflakes crackers, still reported a loss after tax of P625 million in 2023, sharply lower than prior year’s loss of P13.01 billion attributed to the non-cash, non-operating impairment of assets in its vegetable meat business.
Installed capacity still led by coal grew by a meagre 0.12% in 2023
The country’s installed capacity at the grid grew by a meager 0.12 percent in 2023 compared to 2022, with coal still dominating the power mix, data from the Department of Energy (DOE) show.
NFA Council OKs higher buying price for palay
The National Food Authority Council on Thursday approved a higher buying price range for palay to give the government corporation the flexibility to compete with private traders in securing supply and help rice farmers earn more from their harvest.
