Thursday, May 21, 2026
Today's Print

Tag: 2023

DBP’s first-half income jumped 60% to P4.42 billion

State-owned Development Bank of the Philippines’s net income in the first six months of 2023 jumped 60 percent to P4.42 billion from P2.76 billion...

Interest rate hikes, lower gov’t spending dragged down GDP growth to 4.3% in Q2

The lagged effects of interest rate hikes, contraction in government spending and global challenges pulled down the Philippines’ economic growth to 4.3 percent in...

Philippines’ GDP growth slowed to 4.3% in second quarter of 2023

The Philippine economy grew 4.3 percent in the second quarter of 2023, slower than 6.4 percent in the first quarter and 7.5 percent a...

Philippine stocks rise ahead of GDP report release

Local stocks rose Wednesday on declining unemployment rate and as investors await the release of second-quarter gross domestic product. The Philippine Stock Exchange index advanced...

Jollibee’s second-quarter sales climbed 16.9%

Jollibee Foods Corp., one of the largest Asian food service companies, said Wednesday net income in the second quarter fell 16.6 percent to P2.32...

Philippine agriculture, fisheries production sank 1.3% in second quarter of 2023

The agriculture and fisheries sector, which accounts for about a tenth of the gross domestic product, sank 1.3 percent in the second quarter of...

PSE index falls below 6,500 level

The Philippine Stock Exchange index dropped below the 6,500 level Tuesday on weak China trade data. The 30-company bellwether lost 34.81 points, or 0.54 percent,...

Philippine economy likely grew 6% in second quarter—Moody’s Analytics

Moody's Analytics, an international research agency which operates independently of Moody’s Investors Service, said Monday the Philippine economy likely grew 6 percent in the...

PSBank earned P2.17 billion in six months

PSBank, the thrift banking arm of the Metrobank Group, said Monday net income in the first half climbed 18 percent to P2.17 billion from...

EastWest Bank’s first-half income doubled to P3.3 billion

East West Banking Corp. said Monday net income in the first half doubled to P3.3 billion year-on-year, led by sustained momentum from its lending...

PSE reported 11.6% profit growth to P417.5 million in first half of 2023

The Philippine Stock Exchange Inc. said net income in the first six months of 2023 grew 11.6 percent year-on-year to P417.5 million as higher...

Stocks rebounded Thursday on bargain hunting

Stocks bounced back Thursday after Wednesday’s sell-off as bargain hunters cautiously picked up shares with promising earnings. The PSE index, the 30-company barometer of the...

China Bank’s six-month profit rose 7% to P10.8 billion

China Banking Corp. said Thursday net income in the first six months rose 7 percent year-on-year to P10.8 billion on higher revenues and lower...

Metrobank’s first-half net income grew 34% to P20.9 billion

Metropolitan Bank & Trust Co., the country’s second largest lender, said Wednesday net income grew 34.1 percent in the first half of 2023 to...
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