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Forex

EconomyForex

Cash remittances pick up in Sept.

By
November 15, 2021
2 Mins read
REUTERS MONEY SENT HOME by overseas Filipino workers (OFW) registered its eighth straight month of annual growth in September, signaling the start…
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EconomyForex

Budget deficit at 8.3% of GDP as of end-Sept.

By
November 15, 2021
1 Mins read
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,…
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EconomyForex

Suspension of excise tax on fuel products is 'inequitable' -- DoF

By
November 15, 2021
2 Mins read
PHILIPPINE STAR/ MICHAEL VARCAS THE SUSPENSION of excise tax on fuel would likely improve the disposable income of wealthier households at a…
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EconomyForex

Gov't urged to hasten renewable energy dev't

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November 15, 2021
2 Mins read
JCOMP-FREEPIK By Jenina P. Ibanez, Senior Reporter THE PHILIPPINE government must speed up the development of renewable energy sources to lessen its…
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EconomyForex

MerryMart targets controlling stake in Mindanao pharmacy

By
November 15, 2021
1 Mins read
MERRYMART Consumer Corp. is planning to acquire a minimum 51% post-investment stake in ZC Ramthel Corp. or Cecile’s Pharmacy, which is said…
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EconomyForex

Tan-led AGI reports 73% income growth to P3.5B

By
November 15, 2021
2 Mins read
ALLIANCE Global Group, Inc. (AGI) reported P3.5 billion in net income to owners for the quarter ending September, 73% higher than last…
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EconomyForex

GT Capital profit surges to P2B as units report better earnings

By
November 15, 2021
2 Mins read
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…
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EconomyForex

Fruitas cuts net loss to P8M

By
November 15, 2021
1 Mins read
BW FILE PHOTO FRUITAS Holdings, Inc. trimmed its net loss by 60% in the third quarter to P8 million on the back…
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EconomyForex

Retailers report income, sales growth

By
November 15, 2021
2 Mins read
BW FILE PHOTO LISTED retailers reported income growth in the third quarter, while some trimmed losses, on the back of better sales…
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EconomyForex

Vitarich earns P181 million

By
November 15, 2021
1 Mins read
VITARICH CORPORATION FB PAGE VITARICH Corp. recorded a P180.5-million net income in the nine months to September, carried by higher revenues. The…
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