BanKo ramps up digitalization efforts

THE microfinance arm of Ayala-led Bank of the Philippine Islands (BPI) aims to grant more loans to self-employed micro and small business owners as its way of helping them fully recover from the Covid-19 pandemic. Some P9 billion worth of loans were released to the micro, small and medium enterprises (MSMEs) last year, marking 2021 […]

Quijano: NBA 2022-23 season favorites

The 2022-23 NBA Season is almost upon us with the pre-season games starting this week.Who is favored to win this year? Here are our picks:Golden State Warriors. The defending champions certainly deserve our respect and they have totally earned the gravitas. They bucked the loss of two time Finals MVP Kevin Durant in 2019 and […]

Argao to build P17M market building

THE Municipality of Argao in southern Cebu will build a new public market building for P17 million.This comes after the Municipal Council, led by Vice Mayor Orvi Ortega, approved Resolution 113-2022 authorizing Mayor Allan Sesaldo to enter into a contract or agreement with San Narciso Builders Corp. to supply labor, materials and equipment for the […]

Vivant PRofit falls

CEBU-BASED Vivant Corp. said its second-quarter attributable profit dropped by 23.5 percent to P416.88 million in the second quarter from P544.67 million in the same period last year.Vivant said its revenues stood at P1.59 billion, down three percent compared with P1.64 billion in the same period last year, based on its quarterly report filed with […]

Zijin Mining Announces 2022 Interim Results: Achieved 89.95% Increase in Net Profit Attributable to Owners

HONG KONG, Aug 16, 2022 – (ACN Newswire via – Zijin Mining Group Co., Ltd. (2899.HK; 601899:SH; “Zijin Mining” or “The Company”) announced its interim results for the six months ended 30 June 2022 (“Reporting Period”). The Company realised RMB132.46 billion in operating income, up 20.57% year-on-year, while net profit attributable to owners surged […]

Peso may strengthen further vs dollar

THE PESO may appreciate versus the dollar this week as the Bangko Sentral ng Pilipinas (BSP) chief remained hawkish despite the US Federal Reserve’s dovishness, but expectations of faster Philippine inflation in July could dampen sentiment. The local unit closed at P55.13 per dollar on Friday, surging by 69 centavos from its P55.82 finish on […]