Thursday, June 19, 2025
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CATEGORY

Consumer

Tourism boom strengthens Philippine economy and local industries

The Philippine economy continues to demonstrate steady growth under President Ferdinand R. Marcos Jr., propelled by a resurgence in tourism, robust consumer spending, and...

URC starts FY2025 strong with Php 45.3 billion in Q1 sales, driven by branded consumer foods

Universal Robina Corporation (URC), one of the Philippines’ largest food and beverage companies, reported robust first-quarter results for the fiscal year 2025, posting consolidated...

Growth in bank lending moderates in March amid slower expansion across key sectors

The Bangko Sentral ng Pilipinas (BSP) today released preliminary data showing that the outstanding loans of universal and commercial banks (U/KBs), net of reverse...

PhilRatings assigns PRS A+ rating with stable outlook to NRCP

The Philippine Rating Services Corporation (PhilRatings) has assigned a financial strength rating of PRS A plus, with a Stable Outlook, to the National Reinsurance...

ATRAM and UnionBank seal strategic partnership

ATRAM Group (ATRAM) and Union Bank of the Philippines (UnionBank) have officially signed and sealed their strategic partnership following the Bangko Sentral ng Pilipinas'...

Nestlé PH and SF Group forge partnership to boost sustainable coffee farming in Mindanao

Nestlé Philippines and the SF Group of Companies (SFGC) have signed a memorandum of agreement (MOA) formalizing a strategic partnership to advance sustainable and...

Puregold champions MSMEs for inclusive retail growth

Puregold Price Club Inc., one of the country’s leading multi-format retailers, said it will continue its role as key enabler for inclusive retail growth...

D&L Industries reports 10% YoY growth in Q1 2025 recurring income

D&L Industries, a leading manufacturer of customized food ingredients, specialty raw materials for the personal and home care industries, and oleochemicals, announced a 10%...

Employment rate holds steady at 96.1% in March 2025 amid lower labor force participation

The Philippine Statistics Authority (PSA) reported today that the country’s employment rate for March 2025 stood at 96.1 percent, unchanged from the same period...

PBB accelerates loan loss provisions while delivering strong Q1 2025 performance

Philippine Business Bank (PBB) began 2025 with robust momentum, reporting a 15.4% year-on-year increase in net income to ₱590 million in the first quarter,...

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