Tag: EastWest Bank

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EastWest bankers sacrifice weekend for smarter banking

If weekends are the ultimate executive luxury, Jerry Ngo has been living without them recently. 

Filinvest Development stays focused on 5-year growth plan

Filinvest Development Corp. (FDC) is committed to its five-year growth strategy, which aims to more than double earnings from their 2023 levels by reshaping...

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ABI Pascual Foods is NDA’s first private partner in school milk feeding program

The National Dairy Authority (NDA) has named ABI Pascual Foods Inc. as its first private sector partner for the Private Sector-Funded Milk Feeding Program.

Globe Telecom keeps full-year revenue growth target despite economic headwinds

Globe Telecom Inc. is maintaining its full-year revenue growth guidance at low- to mid-single digits for 2026, even as the broader economy faces ongoing challenges.

RCBC pre-provision profit rises 13%, signaling strong core performance amid economic headwinds

Rizal Commercial Banking Corp., led by the Yuchengco group, reported Wednesday that its pre-provision operating profit climbed 13 percent year-on-year to P23.6 billion in the first nine months ending September, driven by healthier interest margins and steady core banking business. This key measure of underlying profitability shows how well the bank’s main operations are performing before setting aside funds to cover potential bad loans—a critical indicator for shareholders tracking long-term earning power.

Spot market electricity prices rise 18.4% in October

Wholesale electricity prices across the Philippines climbed 18.4 percent in October from September levels, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

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