Lloyds Banking Group PLC (LON: LLOY) ended down on Wednesday even though it reported a whopping 47% year-on-year increase in its first-quarter pre-tax profit. Lloyds stock down on increased costs The financial institution cited strong net income on the back of higher interest rates today and said

SEVERAL US COMPANIES are seeking to invest in the Philippines after company officials met with a delegation from Manila during President Ferdinand R. Marcos, Jr.’s four-day visit to Washington, D.C. this week, according to the Philippine Trade department. The business delegation met with officials from Zero

HOUSEHOLD SPENDING in the Philippines is likely to grow by 5.9% yearly in the next four years, Fitch Solutions BMI said on Wednesday, putting the economy on track for faster growth. In a report, the research firm upgraded the 2024-2027 forecast from 5.1% in January, saying

PHILIPPINE STAR/ MIGUEL DE GUZMANTHE PHILIPPINE PESO would probably continue to weaken in the near term given the country’s high current account deficit and a dovish central bank, according to MUFG Global Markets Research.In a report, it said it expects the peso at P54.40 a

MATT PALMER-UNSPLASHBy Luisa Maria Jacinta C. Jocson, ReporterOFFICIAL DEVELOPMENT ASSISTANCE (ODA) and lending programs are not enough to meet climate development goals, the Asian Development Bank (ADB) said.“We are all under difficult budgetary conditions, but even if we could step up, ODA alone is not

FOR this summer’s overbearing heat, homegrown craft brewery Engkanto is releasing its seasonal offering, Hop Coolture Pale Ale.The new beer was launched in a party in Poblacion on April 19. Its blend is derived from Cryo Pop, a signature hop blend from a US-based resource

1 of 2THE FIRST mention of whiskey and Coca-Cola mixed together was in 1907, while in A Streetcar Named Desire, Blanche du Bois, inching towards a mental breakdown, asks her sister Stella for a little bit of whiskey in her soda: “Well, honey, a shot

MPIC Metro Pacific Investments Corp. (MPIC) reported on Wednesday a consolidated core net income of P4.3 billion in the first quarter, up 38% from a year ago, after its business holdings recorded better results. “Our strong performance for the first quarter reflects significant volume increases

MPIC Metro Pacific Investments Corp. (MPIC) reported on Wednesday a consolidated core net income of P4.3 billion in the first quarter, up 38% from a year ago, after its business holdings recorded better results. “Our strong performance for the first quarter reflects significant volume increases

1 of 2THE FILIPINO Food Month celebration in Davao was capped over the weekend with a showcase of heirloom dishes from Mindanao’s different indigenous groups who have built communities in the region.“Heirloom dishes often tell us a lot about a place’s history, resources, and identity,”