Tag: Chinabank

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Higher interest income lifts Chinabank 1Q profit

Corporate Context.ph Context.ph -
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.

Chinabank hikes dividends, declares P6.7B payout

Corporate Context.ph Context.ph -
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.

Chinabank board approves renewal of insurance JV with Manulife 

Banking & Insurance Context.ph Context.ph -
China Banking Corp., an affiliate of the Sy Group and the 5th largest lender in the country by assets, said Thursday its board has approved...

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AirAsia PH launches P188 fare sale for local and international trips

Transport & Logistics 0
AirAsia Philippines has rolled out a special fare promotion with one-way base fares starting as low as P188 for select domestic and international routes, aiming to encourage more people to travel.

Telcos plan $500M domestic submarine cable network

Communications & Technology 0
The country’s three largest telecommunications companies are set to jointly invest around $500 million to build a nationwide domestic submarine cable network, the Department of Information and Communications Technology (DICT) has announced. DICT Secretary Henry Aguda confirmed that PLDT Inc., Globe Telecom, and Converge ICT Solutions Inc. will carry out the project, which will create a far-reaching undersea fiber optic system running from Batanes in the north, looping around Palawan, and linking islands throughout the Visayas and Mindanao.

Gov’t taps Japan nanotech experts in coconut research

Agriculture 0
The Philippine Coconut Authority (PCA) has formalized a partnership with Japan’s Mitsui to test advanced nanotechnology designed to boost coconut farming, moving forward with President Ferdinand R. Marcos Jr.’s goal of building a modern, technology-driven and sustainable agriculture sector that raises output and improves the lives of farmers.

Davao fres produce reaches Saudi Arabia shelves after Dubai trade fair success

Agriculture 0
Fresh agricultural goods from Davao Region have arrived in Saudi Arabia, marking a major commercial milestone that grew from talks held at an international trade exhibition in Dubai.

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