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On the economy, while IMF frets, Guinigundo sizzles

Key International Monetary Fund (IMF) officials urged central banks to ensure that their policy responses remain appropriately restrictive and should stay in place long...

SEC, UP Law reworking policy framework to meet 21st century challenges

The Securities and Exchange Commission and the University of the Philippines Law Center are reworking the decades-old policy framework that, while still effective, needs...

Former Commerce Minister, businessman Roberto Ongpin, dead at 86

Businessman Roberto Ongpin, former Commerce and Industry Minister under the late President Ferdinand Marcos, died on Sunday at Balesin Island Club, the exclusive Philippine island resort he built.

Emerging markets output growth looking sanguine

Emerging markets and developing economies like the Philippines were to collectively post output growth measured as the gross domestic product (GDP) averaging 4 percent this year, but higher next year to 4.2 percent, according to the International Monetary Fund (IMF).

NG debt up 14.4%, hits P13.42T in 2022

The national government’s total debt grew by 14.4 percent to P13.42 trillion last year from P11.73 trillion in 2021, data released by the Bureau of the Treasury (BTr) showed.

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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.

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