China Banking Corp., the country’s 6th largest lender by assets, sustained its strong performance in the first quarter, with higher interest income and continued loan expansion fueling a 10 percent growth in net income to P6.5 billion.
China Banking Corp., a banking affiliate of the Sy Group, said its board has approved a total cash dividend payout of P6.7 billion, reflecting the bank’s strong financial performance and commitment to rewarding shareholders.
The Sugar Regulatory Administration (SRA) confirmed Bukidnon sugar farmers, millers and local officials carried out a one-week intensive spraying campaign to stop the red striped soft scale insect (RSSI), a pest that cuts sugar content by nearly half.
The Department of Agriculture (DA) and Philippine Statistics Authority (PSA) have strengthened their partnership to improve how agricultural data is gathered and used across the country.
The Energy Regulatory Commission (ERC) has adopted updated regulations covering reliability performance indices and on permissible unplanned outage days for power generating units across the country.