EastWest to improve digital offering
Listed East West Banking Corp. (EastWest Bank) said the bank will put more focus on digital offerings. “The expansion that we hope to happen will probably focus more aside from … Read More
UnionBank end-March earnings up 79 percent
Union Bank of the Philippines (UnionBank) said on Friday that its net income in the first quarter of the year went up by 79 percent to P4.7 billion from P2.6 … Read More
Holcim stops operation of Batangas plant
Cement manufacturer Holcim Philippines Inc. on Friday announced the temporary suspension of the operations of its grinding facility in Mabini, Batangas in a bid to alleviate the effects of the … Read More
BDO net income up by 19% in Q1
BDO Unibank Inc. saw its first quarter net income going up by 19 percent on the back of the robust performance from service fee businesses that compensated for the weak … Read More
More farm machines to be distributed this year
THE Philippine Center for Postharvest Development and Mechanization (PhilMech) is targeting to procure a total of 5,098 units of farm machineries and distribute these to 1,600 FCAs with an estimated … Read More
BSP monitors Citigroup’s retail banking exit
The Bangko Sentral ng Pilipinas (BSP) said it is closely monitoring developments on Citigroup’s planned exit in its retail banking business. “Citigroup reported that it intends to focus its Global … Read More
PSEi ends in the red
Selling pressure prompted the local bourse to extend its decline for the third straight day amid economic recovery woes and Wall Street’s overnight decline. The bellwether Philippine Stock Exchange index … Read More
More than P1T alloted for employment restoration
A total of P1.14 trillion has been allocated for the government’s National Employment Recovery Strategy (NERS), a medium-term plan that aims to create employment opportunities, improve employability and productivity of … Read More
Greece claims desire to have 'positive' agenda with Turkey
Following diplomatic tension between Turkish Foreign Minister Mevlüt Çavuşoğlu and his Greek counterpart Nikos Dendias Thursday, the Greek government expressed their desire to have a “positive agenda” with Turkey, despite … Read More
Turkey condemns Israeli attack on Gaza
Turkey’s presidential spokesperson on Friday condemned Israel’s latest attack on Gaza. “We strongly condemn Israel’s airstrike on Gaza during the (Islamic) holy month of Ramadan,” Presidential Spokesperson Ibrahim Kalın said … Read More