SAAVEDRA-LED Citicore Renewable Energy Corp. (CREC) has signed a two-gigawatt (GW) supply contract with Chinese company Trina Solar Co., Ltd. Trina Solar will supply solar panels to CREC to be used for the latter’s rollout of the two-GW capacity, aiming to achieve five GW of renewable
BW FILE PHOTOBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINE banking system’s net profit jumped by 6.4% at end-September as both net interest and non-interest income grew, data from the Bangko Sentral ng Pilipinas (BSP) showed.The combined net income of the banking industry rose to
BW FILE PHOTOBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINE banking system’s net profit jumped by 6.6% at end-September as both net interest and non-interest income grew, data from the Bangko Sentral ng Pilipinas (BSP) showed.The combined net income of the banking industry rose to
1 of 7Book sale to rehab Naga art hubRESURRECTION FURNITURE will be holding a book sale at 10a Alabama, Quezon City for the benefit of typhoon-damaged Savage Mind: Arts, Books, and Cinema in Naga City, Bicol, with all proceeds going to the Savage Mind Bookshop.
FOR THE FIRST nine months, Cebu Landmasters, Inc. recorded a 7% increase in its net income to P2.3 billion from P2.2 billion last year. — NORTHGROVEATPRISTINATOWN.COMCEBU Landmasters, Inc. (CLI) targets to unveil two more projects before the end of the year, its chairman said on
FREEPIK(Part 7)As we have seen in the previous columns in this series, manufacturing employment is a better predictor of economic development than manufacturing output. In fact, even today as much as 24% of the labor force in Germany is still accounted for by manufacturing (although
THE BANGKO SENTRAL ng Pilipinas (BSP) has amended its rules on the periodic review of trust, investment management and other fiduciary accounts.In a circular posted on its website, the BSP said the Monetary Board approved amendments to the Manuals of Regulations for Banks and Non-Bank
URC.COM.PHGOKONGWEI-LED Universal Robina Corp. (URC) reported a 53.7% decline in its third-quarter attributable net income, falling to P1.42 billion from P3.07 billion in the same period last year, due to weaker sales volume and lower foreign exchange gains.Third-quarter sales fell by 1.8% to P38.14 billion
FREEPIKWe at the Stratbase Group marked our 20th anniversary last week by doing what we do best: providing a platform for and facilitating meaningful conversations. During our two-day event called “The Pilipinas Conference,” and with the theme “Navigating a Complex Geostrategic Landscape: Building Resilience Through
FACEBOOK.COM/JOYCE.DIANA.OFFICIALBy Almira Louise S. MartinezJOYCE AND DIANA, known for its premium linens used in five-star hotels, plans to expand overseas starting in South Asia and eventually to markets across the globe, according to its owner.The Philippine startup also plans to open pop-ups and physical stores,
More than five years after the onset of the pandemic, remote working remains a central part of UK work culture. According to recent data from the Office for National Statistics (ONS), 41% of the British workforce now works from home at least part of the week,
The Financial Conduct Authority (FCA) has fined Metro Bank £16.6 million for failing to implement adequate systems to monitor money laundering risks, impacting over 60 million transactions valued at more than £51 billion. The lapses, occurring between June 2016 and December 2020, reveal serious deficiencies in