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Philippines
Wednesday, October 30, 2024

Jenniffer B. Austria

Metrobank’s nine-month profit rose 12% to P35.7b

Metropolitan Bank & Trust Corp. (Metrobank), the financial arm of the Ty family, said Tuesday it booked a record net income of P35.7 billion...

PH stocks dive on US election, forex worries

The main index of the Philippine Stock Exchange plunged by more than 100 points Tuesday, snapping a two-day winning streak, on concerns about the...

RCBC upsizes debt program, eyes return to int’l market

Rizal Commercial Banking Corp. (RCBC) said Tuesday its board approved the increase in the size of its medium term note program to $4 billion...

BDO’s nine-month net income jumped 12% to record P60.6b

BDO Unibank Inc. (BDO), the country’s largest lender owned by the Sy family, said Monday its nine-month net income jumped 12 percent year-on-year to...

SEC vows to pursue reforms, help PH exit global money laundering grey list

The Securities and Exchange Commission (SEC) said it is committed to ensuring reforms as the Philippines moves to exit the Financial Action Task Force...

Aboitiz Equity logged 4% profit growth to P18.8b in nine months

Conglomerate Aboitiz Equity Ventures Inc. (AEV) logged a consolidated net income of P18.8 billion in the first nine months of 2024, a 4-percent increase...

PH share prices climb on positive earnings results

Philippine stocks opened the shortened trading week in the green amid positive third-quarter earnings of major companies. The bellwether Philippine Stock Exchange index advanced by...

Wilcon’s income rises 22% to P2b despite lower sales

Wilcon Depot, Inc., a leading home improvement and construction supplies retailer in the Philippines, saw its net income reach P2.12 billion in the first...

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