Philippines net external liabilities rise in Q1 2025
The uptick was mainly due to higher holdings of government-issued securities by nonresidents and increased loans extended to the national government. Foreign…
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Daily TribuneTopic
The uptick was mainly due to higher holdings of government-issued securities by nonresidents and increased loans extended to the national government. Foreign…
· 1 min read
Del Monte Pacific Limited (DMPL), a Singapore and Philippine-listed canned fruit maker, reported a net income of $5.5 million for the first quarter ending…
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‘Our first half performance reflects the continuing strength of our core businesses; as we enter the second half, we remain focused on fundamentals and prudent…
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The Philippine economy maintained its year-on-year Gross Domestic Product (GDP) growth rate at 5.4 percent for the first quarter of 2025, according to updated…
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Lopez Family-led media giant ABS-CBN Corp. is banking on continued growth in international content licensing, film, and music revenues to sustain its digital…
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Despite the higher outstanding external debt, BSP said the country paid less principal and interest, translating into a lower debt service ratio of 8.4 percent…
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The Philippine Stock Exchange Inc. (PSE) posted a 5.1 percent rise in net income to P254.67 million in the first quarter, lifted by a surge in trading and…
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PLDT Inc. reported an 8 percent drop in income to P9.0 billion in the first quarter of 2025, dragged by a softer market and rising costs.
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Rising demand for reliable connectivity from both residential and enterprise customers pushed the first-quarter net income of fiber internet provider Converge…
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Bloomberry Resorts Corp., the gaming firm owned by tycoon Enrique K. Razon Jr., posted a 26 percent rise in net income to P3.3 billion in the first quarter of…
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Despite strong contributions from its banking and property units, Ayala Corp., the country’s oldest conglomerate, saw its core net income slip four percent…
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Globe Telecom, Inc. reported a net income of P7.0 billion in the first quarter of the year, up 3 percent from P6.8 billion a year earlier, despite a 3 percent…
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The Ayala group’s renewable energy arm, ACEN Corp., was hit by lower Philippine generation, weak spot market prices, and rising costs from newly operational…
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San Francisco, United States — OpenAI CEO Sam Altman on Monday said the company behind ChatGPT would continue to be run as a nonprofit, as…
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Semirara Mining and Power Corp. (SMPC) reported a first-quarter net income of P4.4 billion, down 33 percent from P6.54 billion a year ago, as lower coal prices…
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‘We navigated the softer energy market through improved power generation and coal production, strengthened contracting strategies and disciplined cost…
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The first quarter survey results showed that most respondent banks (81.8 percent) retained their credit standards, a decrease from the previous quarter, where…
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Philippine Business Bank (PBB) recorded steady growth in net income at P1.8 billion last year as the bank allocated funds for taxes and posted trading losses.
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