Category : Search result: bank profits


Cebu Clerk Jailed for Stealing P3,660 from Engraving Shop

A 35-year-old sales clerk in Cebu City is behind bars after being caught diverting a customer's payment to her personal bank account. The theft occurred at an engraving shop in Barangay Sambag 2. Read the full details of the arrest and investigation.

Japan's November Trade Surplus Hits $2 Billion

Japan recorded a 322.3 billion yen trade surplus in November as exports rose 6.1%. This strengthens expectations for a Bank of Japan interest rate increase. Read the full analysis.

P18.2-M School Building Turned Over to Zamboanga City High

A new P18.2-million, six-classroom building for Technical and Livelihood Education is now operational at Zamboanga City High School-Main, boosting skills training for students. Read more about this investment in education.

Cebu Court Dismisses ATM Skimming Case vs Romanians

A Cebu court has dismissed the criminal case against three Romanian nationals accused of a P150,000 ATM skimming scheme due to insufficient evidence. Learn why the prosecution's case fell apart.

BSP Eases Rules for Large Cash Withdrawals

BSP ensures smooth withdrawals above ₱500,000. Learn how new circular simplifies documentation for legitimate transactions and promotes secure banking.

PCC Clears P2.7B UCPB Savings Bank Acquisition

Philippine Competition Commission approves Veterans Bank's P2.7-billion acquisition of UCPB Savings Bank, ensuring no competition concerns in banking sector. Learn more about this major banking deal.

Philippines, ASEAN, ADB Launch BIMP-EAGA Action Plan

Philippines, ASEAN Secretariat and ADB commit to transport and tourism pilot projects under new BIMP-EAGA-ASEAN Plan of Action. Historic meeting establishes formal link between subregional and ASEAN strategies.

Davao Bank Lending Grows 10.5% in September

Davao's banking sector shows robust growth with double-digit lending expansion, signaling strong economic momentum and increased business confidence in the region.

Petron Profits Surge 37% to ₱9.7B

Petron Corporation reports massive 37% profit surge reaching ₱9.7 billion in first half 2024, driven by strategic expansions and increased fuel demand across the Philippines.

AEV Q3 Profits Soar 71% on Strong Power, Food Units

Aboitiz Equity Ventures reports staggering 71% profit surge in Q3 2023, driven by powerhouse performance from energy and food subsidiaries. Discover how strategic diversification continues to deliver exceptional returns.

Metrobank Posts Record P37.3B Profit in 9M 2025

Metrobank achieves historic P37.3 billion net income in first nine months of 2025, driven by robust loan growth and improved margins. Discover how the Philippines' second-largest private universal bank continues its impressive financial trajectory.

BSP Joins 2025 IMF-World Bank Global Meetings

The Bangko Sentral ng Pilipinas announces its participation in the landmark 2025 IMF-World Bank Annual Meetings in Singapore, marking a significant moment for Philippine economic diplomacy.

World Bank Withdraws from Cebu BRT Project

The World Bank's sudden withdrawal from the Cebu BRT project deals a devastating blow to the city's traffic decongestion plans, leaving officials scrambling for alternative funding.

Page 1 of 1