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Concepcion trains students on entrepreneurship
GO NEGORSYO founder and RFM Corp. Chairman, President and Chief Executive Officer Jose Ma. "Joey" Concepcion III opened the doors of his boardroom to select senior high school students as part of a
Cosco posts 2-digit jump in Q1 earnings
MANILA, Philippines — Robust revenues fueled a double-digit increase in the earnings of Lucio Co’s listed retail holding firm Cosco Capital Inc. in the first quarter. Cosco reported a net income
Building financial foresight for personal finance challenges
IN today's rapidly changing economic landscape, concerns about personal finance span all income brackets. A recent survey among Filipino consumers has highlighted a palpable anxiety regarding their
Philippines mineral output to sustain growth
Driven by strong global demand for gold, copper MANILA, Philippines — The value of the country’s mineral output this year is expected to surpass last year’s P249 billion, driven by the rising demand
Altman-backed startup crashes at Wall Street
NEW YORK – The share price of nuclear energy startup Oklo, chaired by OpenAI boss Sam Altman, fell sharply Friday on its first day of trading on Wall Street.At around 3:40 p.m. (1940GMT/3:40 a.m. in
Bank of Commerce raises P6.57 billion from bond offering
MANILA, Philippines — San Miguel-led Bank of Commerce has raised P6.57 billion in its second foray into the domestic debt market, as institutional and retail investors swarmed its peso bond offering.
Leveraging data for business sustainability
TODAY, companies are quick to embrace sustainability measures in their operations through action plans that adhere to the Environmental, Social, and Governance (ESG) goals in relation to a company's
Citi sees shallow rate cuts in 2024, 2025
MANILA, Philippines — Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas (BSP) in the next two years due to a more cautious stance on inflation
Senior US Fed official expects no rate cuts
WASHINGTON, D.C. – A senior official at the US central bank said on Friday that she does not expect any interest rate cuts this year following a recent uptick in inflation.The US Federal Reserve
China consumer prices rise in April
BEIJING – China's inflation rate quickened last month, official data showed Saturday, as the government works to boost spending in the world's second-largest economy.The consumer price index (CPI)
Landbank income improves by 11 percent in Q1
MANILA, Philippines — The net income of state-run Land Bank of the Philippines increased by 11 percent to P12 billion in the first quarter from P10.8 billion in the same quarter last year, mainly
Banks to ramp up lending to agriculture sector
MANILA, Philippines — Banks are looking to increase lending to the agriculture sector this year amid better economic conditions, higher demand for agricultural loans and consolidation of government
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