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SSI Group gets sales boost from consumers’ rising discretionary spending

SSI Group, a listed manager and specialty retailer of international fashion brands, on Monday reported net profit last year rising 34 percent to P2.58 billion on consumers’ increasing discretionary spending that buoyed sales of its unique brand portfolio and strategic store network.

EastWest breaks new ground in digital banking with AI chatbot ESTA

EastWest Bank, one of the fastest-growing banks in the country and a pioneer in Philippine digital banking solutions, announces the latest updates on its...

Rice wholesale price remains elevated in March — PSA data

The wholesale price of rice continued to rise in March, with well-milled rice hitting a national average of P50.84 a kilo, data from the Philippine Statistics Authority show.

Philippine Business Bank net income rises to P1.82 billion on loan growth

The Philippine Business Bank said Monday its net income last year surged 39 percent to P1.82 billion, fueled by higher net interest income traced to a growing loan portfolio.

DA confident local tobacco could make grade as smoke-free product

Agriculture Secretary Francisco P. Tiu Laurel, Jr. is confident Philippine tobacco could make the grade for new smoke-free products that could help reverse the decline in local leaf production and boost earnings for millions of Filipino farmers dependent on the high-value crop.

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Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
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