Positive outlook for the Philippines at the Citigold Annual Client Event
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Citi Philippines CEO Aftab Ahmed Fund managers are bullish about the prospects of the Philippines at the 2022 Citigold Annual Chinese New…
ACG is geared to helping CEOs and business owners through the Executive Tax Management Program
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In celebration of the Tax Awareness Month, the Asian Consulting Group (ACG) is once again launching the Executive Tax Management Program (ETMP),…
BSP seen to raise rates before midyear
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SEAN YORO/UNSPLASH By Jenina P. Ibañez, Senior Reporter THE PHILIPPINE central bank may start raising its benchmark interest rates before mid-2022 to…
Manufacturing growth slows down in January
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REUTERS By Ana Olivia A. Tirona, Researcher FACTORY OUTPUT GROWTH slowed for a second straight month in January, amid the reimposition of…
Banks miss 2021 lending quota for agri and agrarian reform sectors
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PHOTO BY CINDY S. REYES, DEPARTMENT OF AGRICULTURE – PHILIPPINE RICE RESEARCH INSTITUTE PHILIPPINE BANKS failed to comply with the minimum required…
MPIC sets capex at P136B; power group corners P57B
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By Arjay L. Balinbin, Senior Reporter PANGILINAN group’s listed tollways and infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) has pegged its capital…
Megaworld profit jumps 36% on strong sales, rentals
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MEGAWORLD Corp. reported a 36% rise in net income attributable to equity holders to P13.4 billion due to strong real estate sales,…
MerryMart takes majority stake in Mindanao pharmacy
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MERRYMART Consumer Corp. has finalized its acquisition of a majority stake in ZC Ramthel Corp. or Cecile’s Pharmacy, which is said to…
Robinsons Land nets P8.5B, up 62%
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ROBINSONS Land Corp. (RLC) reported a 62% jump in its consolidated net income to P8.5 billion in an “eventful” 2021 that allowed…
ACEN income rises 22% to P5B on strong power demand
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AC Energy Corp. (ACEN) reported a consolidated attributable net income of P5.25 billion in 2021, higher by 22% than the P4.29 billion…