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Consumer

PSBank posts PhP 1.21B Q1 profit on strong lending, cost discipline

PSBank, the thrift banking arm of the Metrobank Group, reported a net income of PhP 1.21 billion for the first quarter of 2025, a...

Security Bank acquires 25% stake in Home Credit Philippines

Security Bank Corporation, one of the Philippines’ leading universal banks, has acquired a 25% equity stake in HC Consumer Finance Philippines, Inc. (HCPH), more...

Marcos Jr. mandates monthly job fairs amid record low unemployment, cites investment surge

President Ferdinand R. Marcos Jr. has directed the Department of Labor and Employment (DOLE) to conduct monthly job fairs nationwide, aiming to further expand...

Marcos highlights record-low unemployment and job creation efforts on Labor Day

 President Ferdinand R. Marcos Jr. on Thursday credited the Philippines’ strong economic performance for driving the unemployment rate down to 4.3% in 2024, the...

Marcos Jr. commits to worker welfare with transport upgrades, social programs on Labor Day

President Ferdinand R. Marcos Jr. marked the 123rd Philippine Labor Day with a strong pledge to enhance the lives of Filipino workers, unveiling a...

BIR files Php8.7 billion tax evasion charges against illicit vape businesses

The Bureau of Internal Revenue (BIR), under the leadership of Commissioner Romeo D. Lumagui, Jr., has escalated its crackdown on the illicit vape trade...

Domestic claims of Other Financial Corporations rise 2% in Q4 2024, reflecting continued sector expansion

Preliminary results from the Other Financial Corporations Survey (OFCS) show that domestic claims of other financial corporations (OFCs) grew by 2.0 percent quarter-on-quarter (q-o-q)...

BSP sees April 2025 inflation staying low at 1.3%–2.1%

The Bangko Sentral ng Pilipinas (BSP) projects inflation for April 2025 to remain subdued, settling within the range of 1.3% to 2.1%. This outlook...

Metrobank’s robust loan growth and income drive PHP12.3 billion earnings in Q1 2025

Metropolitan Bank & Trust Co. (Metrobank) has announced a strong start to 2025, reporting net earnings of PHP12.3 billion for the first quarter. This...

Palawan Express recognizes sukis with outstanding stories

Palawan Express Pera Padala (PEPP), the money remittance arm of the Palawan Group of Companies, recently held a heartfelt tribute to their top “suki”...

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