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China Bank Savings reports P1.6 billion record net income in 2022

China Bank Savings reported a record-high net income of P1.6 billion in 2022, up 60 percent from a year earlier attributed to robust growth...

Third telco seen making money after five years

DITO CME Holdings Corp. on Wednesday said its subsidiary DITO Telecommunity Corp. should turn a profit by 2028 as its telco unit expand its coverage...

DA declares Capiz free from bird flu

The Department of Agriculture (DA) has cleared Capiz province of the avian influenza virus. The declaration was formalized in Memorandum Circular 27 series of 2023...

Census shows landownership among Filipino households highest in poorest regions

If land ownership were the only measure of wealth, then people living in the Cordilleras are the richest in the Philippines, with almost every...

GSIS seals Autohub discounts, open credit line for car insurance clients

The Government Service Insurance System (GSIS) signed an agreement with the Autohub Group to secure an open credit line and exclusive discounts for automotive services to GSIS-insured...

Just in

Government to fund NCR wage hike for small firms

The government will subsidize the P60 daily wage increase for eligible small businesses in Metro Manila for three months, as authorities seek to help employers manage higher labor costs while protecting jobs and business operations.

Blu Girls rally past South Korea, keep semifinal hopes alive

The Blu Girls had already endured two painful reminders that Asian Games softball offers little room for sentiment. After a 0-10 loss to Japan and a 1-10 defeat to Taipei, the Philippines needed something more than consolation.

DEDON taps solar-backed power plan for Cebu factory

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Treasury bill yields climb as inflation risks mount

Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.
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