BW FILE PHOTO PHILIPPINE RURAL BANKS have benefited from the entry of foreign capital following the industry’s liberalization in 2013, with these investments boosting lenders’ incomes and asset quality, according to a Bangko Sentral ng Pilipinas (BSP) discussion paper. “Empirical analysis reveals that the presence of foreign investors and their capital infusions improved the profitability […]
GUESTS ENJOY unique milk-based recipes at the Carmen’s Best Milk Bar. CARMEN’S BEST, known for its ice cream, will be stocking supermarket shelves with a new line of fresh milk, thus expanding its dairy portfolio and signaling full-fledged dairy operations for its parent, Metro Pacific Agro Ventures (MPAV). The new line of Carmen’s Best Fresh […]
Leading audit, tax and advisory firm Blick Rothenberg is calling on the Chancellor, Rachel Reeves, to reconsider her approach to boosting the UK economy. According to Partner Simon Gleeson, the government’s current focus on large-scale, long-term infrastructure projects overlooks pressing political and economic realities. “The Chancellor gave a speech today outlining her plans for improving […]
Chancellor Rachel Reeves has given her official backing to plans for a third runway at Heathrow, arguing that the expansion could create more than 100,000 jobs and significantly boost the nation’s economic output. “A third runway is badly needed,” she said, pointing to projections suggesting a 0.43% rise in potential GDP by 2050 if the […]
Jaguar Land Rover (JLR) has reported a 17% drop in quarterly profit, down to £523m in the final three months of last year, even as the automotive group achieved its best third-quarter revenue on record. The company’s sales for the period rose 2% year-on-year to £7.5bn. However, over the first nine months of its financial […]
Lloyds Banking Group has announced plans to close another 136 high-street branches across the UK, with 61 Lloyds, 61 Halifax and 14 Bank of Scotland sites scheduled to shut between May and March 2026. The move follows the bank seeing that more and more customers are conducting day-to-day transactions via digital platforms, with over 20 […]
REUTERS PHILIPPINE SHARES may rebound on Thursday on expectations that economic growth picked up in the fourth quarter of 2024. On Tuesday, the Philippine Stock Exchange index (PSEi) fell by 0.7% or 43.41 points to close at 6,153.47, while the broader all shares index dropped by 0.44% or 16.33 points to end 3,623.52. This was […]
As a busy business owner, managing your energy is very important for maintaining productivity and well-being. Between back-to-back meetings, constant decision-making, and the pressure of growing your business, staying energized can feel like an impossible task. But there are simple, effective habits you can adopt to keep your energy levels up throughout the day. One […]
By Justine Irish D. Tabile, Reporter THE EXPORT and logistics industries are taking a wait-and-see stance on US trade policy but consider President Donald J. Trump’s intent to dial down the threat of war on various fronts as more significant than his tariff threats. Philippine Exporters Confederation, Inc. (Philexport) President Sergio Ortiz-Luis, Jr. said that […]
NICKELASIA.COM THE Department of Environment and Natural Resources (DENR) said it will streamline the process for obtaining mining exploration permits, mineral agreements, and financial or technical assistance agreements (FTAA). Draft Administrative Order (AO) is set to amend AO No. 2010-21 and will require reduced evaluation and acceptance periods for exploration permits, mineral agreement applications and […]