THE WINDOW for the Philippine central bank to start reducing the key rate in the second half of 2024 is narrowing as the risk that inflation may breach its target for a third straight year rises, according to Philippine central bank Governor Eli M. Remolona,
A German national flag flies atop the illuminated Reichstag building in Berlin, Germany. — REUTERSBy Justine Irish D. Tabile, ReporterBUREAUCRATIC RED TAPE and foreign ownership restrictions remain some of the challenges facing foreign investors in the Philippines, Germany’s ambassador to the Philippine said on Tuesday.German
The Luzon grid was placed on red and yellow alerts on Tuesday. — PHILIPPINE STAR/RYAN BALDEMORBy Sheldeen Joy Talavera and Ashley Erika O. Jose, ReportersTHE LUZON and Visayas grids were placed on red and yellow alerts on Tuesday after several power plants went on forced
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<?xml encoding="utf-8" ?????????>Philip King FCICM, former Small Business Commissioner and advisor to PKF Littlejohn Advisory, believes a ‘back to basics’ approach would help many businesses overcome the late-payment challenge.It is an established fact that companies often become insolvent not because they are inherently bad businesses, but
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<?xml encoding="utf-8" ?????????>Philip King FCICM, former Small Business Commissioner and advisor to PKF Littlejohn Advisory, believes a ‘back to basics’ approach would help many businesses overcome the late-payment challenge.It is an established fact that companies often become insolvent not because they are inherently bad businesses, but
SIA and Caktiong-led property developer DoubleDragon Corp. (DD) saw a 23.3% increase in its 2023 net income to P15.93 billion, attributed to higher revenue.The company’s revenue improved by 75% to P24.74 billion in 2023 from P14.13 billion in 2022, DD said in a regulatory filing
VILLAR-LED property developer Vista Land & Lifescapes, Inc. saw a 39% increase in its net income to P10.3 billion in 2023, led by higher revenues and new project launches.Vista Land’s consolidated revenue increased by 18% to P35.2 billion, the company said in a statement on
ALLIANCEGLOBALINC.COMTAN-LED holding company Alliance Global Group, Inc. (AGI) said it saw a 21% increase in its attributable net profit to P19.6 billion last year, driven by better performances across its businesses. Consolidated revenues reached “an unprecedented level” of P211.2 billion in 2023, up by 15% from
GSIS FACEBOOK PAGETHE government Service Insurance System (GSIS) has acquired an 8.18% stake in the real estate investment trust (REIT) of Gokongwei-led Robinsons Land Corp. (RLC) as the government agency bolsters its investment portfolio.GSIS now owns 877.43 million common shares of RL Commercial REIT, Inc.
GMA Network, Inc. saw a decrease in its attributable net income to P3.16 billion last year, mainly due to lower advertising revenue.The company’s net income attributable to parent fell by 42.1% to P3.16 billion last year from P5.46 billion in 2022, the company’s financial statement
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