PBB books higher Q1 profit

PHILIPPINE Business Bank, Inc.’s (PBB) net income in the first quarter surged by 93.4% to P309.96 million on the improved performance of its core businesses. The bank said in a disclosure to the stock exchange on Thursday that its first-quarter performance went up from the P160.23 million it booked in the same period last year. […]

BoP swings to deficit in April

By Luz Wendy T. Noble, Reporter The country’s balance of payment (BoP) posted a deficit in April as the government continued to pay for its foreign debt obligations, and as the trade deficit widened due to the rising value of imports. Data released by the Bangko Sentral ng Pilipinas late Thursday showed the BoP stood […]

Vistar Holdings Hits Record High Annual Revenue Up by 32.8% Y-o-Y

HONG KONG, May 17, 2022 – (ACN Newswire via SEAPRWire.com) – Vistar Holdings Limited (the “Company” and together with its subsidiaries, the “Group”; Stock code: 8535.HK ), an established electrical and mechanical (“E&M”) engineering services provider in Hong Kong, has achieved outstanding results for the year ended 31 March 2022. Its revenue was approximately HK$405.17 […]

Unemployment rate dips in March, job quality worsens

By Mariedel Irish U. Catilogo, Researcher The country’s unemployment rate in March eased on a monthly basis to its lowest since the start of the coronavirus pandemic due to further loosening of mobility restrictions, but job quality worsened to a four-month high. Preliminary results of the Philippine Statistics Authority’s (PSA) March round of the Labor Force Survey […]

Trade deficit widens in March

By Bernadette Therese M. Gadon, Researcher THE country’s trade-in-goods deficit widened to a three-month high in March as imports outpaced exports which could dampen the economic output in the first quarter. Preliminary data from the Philippine Statistics Authority (PSA) showed the value of merchandise exports grew by 5.9% to $7.171 billion in March, easing from […]

Global factory activity slows as Ukraine crisis, inflation bite

LONDON/TOKYO — Global factory activity slowed in March as Russia’s invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, while soaring energy costs drove a broader surge in prices, surveys showed on Friday. Uncertainty caused by the invasion, combined with an intensifying cost-of-living crisis, suggests the euro zone’s manufacturing industry could slide […]

Stuff to do (03/25/22)

Netflix offers fans a tour of ‘Villa Bridgerton’ TO mark the start of the second season of its show Bridgerton, Netflix invites the public to experience the British Regency Era through “Villa Bridgerton,” a mansion in Quezon City that has been glammed up to give Bridgerton fans a glimpse into the grand and elegant world […]

Neri: Newsbits

It was in March two years ago when our group of Lifestyle writers had a leisurely lunch with concert pianist/music advocate Ingrid Sala Santamaria hosted by Seda general manager Gwen Dela Cruz. A week later, the Covid lockdown was implemented and we lost touch with each other.Well, last March 16 (almost exactly two years later), […]

Stuff to do (03/04/22)

1 of 8 Bar 360 — Sandwich Audrey Delima — Sky Full of Heart Erica Rielle — A Love That Heals And Knows No Boundaries FACEBOOK.COM/NCCAOFFICIAL Jose Joya (1931 – 1995) Seaside Embankment Gigi De Lana kicks off concert tour SINGER/actress Gigi De Lana and her band The Gigi Vibes kick off their Domination tour […]