China Bank posts record P22 billion net profit in 2023, up 15%
China Banking Corp., one of the lenders owned by the Sy Group, said Tuesday net profit in 2023 rose 15 percent to a record P22 billion on double-digit growth in net interest income and lower provisions for possible loan losses.
Filinvest REIT net profit declines in 2023 to P1.28 billion
Filinvest REIT Corp., the listed real estate investment trust of the Gotianun Group, said Tuesday unaudited net income last year slipped to P1.28 billion from P1.31 billion in 2022 as rental and other revenues slipped to P3.0 billion.
BTr raises P584.86B from retail treasury bond offer
The Bureau of the Treasury (BTr) said Monday its raised a record P584.86 billion through the public offer of retail treasury bond (RTB), securing a large amount of funds the government needs to bridge the budget deficit gap.
GoTyme Bank seeks distinction as first among lenders accredited under BSP’s coin deposit machine program
Digital-only GoTyme Bank on Monday bared optimism in catching the distinction as the first among lenders to be accredited under the massively popular coin deposit machine program of the Bangko Sentral ng Pilipinas (BSP)
DA responds to El Niño impact in Mindoro, calls for local state of calamity declaration to free-up more funds
To mitigate the adverse impact of the El Niño phenomenon in Mindoro, Agriculture Secretary Francisco P. Tiu Laurel, Jr., on Monday mobilized a rapid response team to deliver urgent aid to the island’s farmers and fisherfolk. The deployment aims to provide immediate relief and assess agricultural damage caused by the prolonged dry spell.
