China Banking Corporation (Chinabank, PSE Stock symbol: CBC) saw its net income from January to June 2024 rise to a record P11.4 billion, up 6% compared to the same period last year on the back of stronger core lending and deposit-taking activities. This translated to a return on equity of 15.1% and a return on assets of 1.5%, still among …

Representatives from the Yuchengco Group of Companies (YGC) affiliates bared their initiatives on increasing community preparedness amid climate change at the recently concluded 2nd YGC business forum entitled “Future-proofing the Philippines: Bolstering climate resilience and community readiness.” In his opening remarks, RCBC CEO and President Eugene Acevedo highlighted the inevitability of natural disasters and the importance of being prepared in …

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MANILA, PHILIPPINES – Don’t miss out on this chance to grab your Stitch favorites with Stitch-tastic savings! Score your favorite Stitch items with discounts of up to 30% –making it the perfect opportunity to add some fun to your collection.  Stock up on your Stitch favorites that will surely make work or play cutesy and fun. Snag these limited-edition Stitch …

Manila, Philippines – Angel’s Pizza, a beloved name in the Philippines’ pizza scene, is proud to unveil its latest irresistible offering: the Creamy Spinach Double Deal Plus. This exclusive deal is part of the GrabFood Fan Faves 2024, celebrating the dishes that have captured the hearts and taste buds of Filipino foodies. Creamy Spinach Double Deal Plus Angel’s Pizza invites …

In a significant stride towards reviving Batangas’ rich coffee heritage, the Figaro Foundation, in collaboration with the local government and the Batangas Coffee Federation, hosted the “Figaro Coffee Tree Planting 2024: From Crop to Cup” event. Held in Barangay Malabanan, Balete, Batangas, the event focused on promoting the cultivation of Liberica Coffee—commonly known as Barako—and supporting the local coffee farming …

By Rose de la Cruz It doesn’t take an economist to explain that lower import duties don’t necessarily translate to lower local retail prices, particularly of rice, which the Marcos administration is desperate to control to manage inflation and spur GDP (gross domestic product) growth. Reducing the tariff on agricultural commodities from 35 percent to 15 until December 2028 would …

President Ferdinand Marcos Jr. received commemorative gold and silver coins from the Bangko Sentral ng Pilipinas, celebrating the 75th anniversary of central banking in the Philippines. The coin designs feature the Intendencia Building and anniversary markings. Availability for purchase will be announced on BSP's social media and sold via their website.

The Insular Foundation, in partnership with PhilRADS, provided food packs to 160 families in San Mateo, Rizal affected by Super Typhoon Carina. The initiative was part of InLife’s corporate social responsibility efforts to assist families in Sitio Ibayo, Barangay Dulong Bayan 1, amid severe flooding in the region.

Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. has been honored as one of the top-performing central bank governors globally, receiving an “A-” rating in Global Finance magazine’s 2024 Central Banker Report Cards. The ranking, which includes evaluations from nearly 100 regions, celebrates central bankers' effectiveness in combating inflation through higher interest rates. Governor Remolona completed his first year in office on 3 July 2024. The full report will be published in October.