Budget deficit at 8.3% of GDP as of end-Sept.
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PHILIPPINE STAR/ MICHAEL VARCAS THE GOVERNMENT’S budget deficit went up to 8.3% of the country’s gross domestic product (GDP) as of end-September,…
Suspension of excise tax on fuel products is 'inequitable' -- DoF
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PHILIPPINE STAR/ MICHAEL VARCAS THE SUSPENSION of excise tax on fuel would likely improve the disposable income of wealthier households at a…
Gov't urged to hasten renewable energy dev't
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JCOMP-FREEPIK By Jenina P. Ibanez, Senior Reporter THE PHILIPPINE government must speed up the development of renewable energy sources to lessen its…
MerryMart targets controlling stake in Mindanao pharmacy
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MERRYMART Consumer Corp. is planning to acquire a minimum 51% post-investment stake in ZC Ramthel Corp. or Cecile’s Pharmacy, which is said…
Tan-led AGI reports 73% income growth to P3.5B
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ALLIANCE Global Group, Inc. (AGI) reported P3.5 billion in net income to owners for the quarter ending September, 73% higher than last…
GT Capital profit surges to P2B as units report better earnings
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GT CAPITAL Holdings, Inc.’s consolidated attributable net income in the third quarter amounted to P1.99 billion, surging 307% from its P490-million income…
Fruitas cuts net loss to P8M
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BW FILE PHOTO FRUITAS Holdings, Inc. trimmed its net loss by 60% in the third quarter to P8 million on the back…
Retailers report income, sales growth
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BW FILE PHOTO LISTED retailers reported income growth in the third quarter, while some trimmed losses, on the back of better sales…
Vitarich earns P181 million
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VITARICH CORPORATION FB PAGE VITARICH Corp. recorded a P180.5-million net income in the nine months to September, carried by higher revenues. The…
Stocks drop ahead of RTB offering, BSP review
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PHILIPPINE shares declined on Monday due to profit taking amid disappointing economic data ahead of the government’s retail Treasury bond offer and…