Construction business drives Megawide earnings back in the black
Megawide Construction Corp. said Tuesday that robust growth in its construction business helped it book a P269 million net profit last year, a sharp reversal from the P1.87 billion loss it recorded in 2022.
Suntrust board approves $38 million loan from LET Group
Suntrust Resort Holdings Inc., co-developer of the Westside City Resorts World project at the Entertainment City, has obtained a 10-year USD38 million loan from China's LET Group Holdings Ltd.
Agricultural stakeholders weigh in on AO 20
Agricultural stakeholders on Monday expressed divergent views on Administrative Order 20 streamlining the policies and procedures on the importation of agricultural products and removal of non-tariff barriers to address the rising price of agricultural commodities.
Building permits decline in February but projects size, value higher
The number of building permits issued in Feburary declined from the year-earlier period but the size of the real estate developments and their total value surged, data from the Philippine Statistics Authority showed, suggesting strong growth for the construction and property sectors in the months ahead.
RCBC sees loan portfolio surging to P160-B this year
The Rizal Commercial Banking Corp. (RCBC) projects a 27 percent surge in its total loan portfolio (TLP) from P126 billion in 2023 to P160 billion this year, driven largely by targeted campaigns and innovative special programs.
