REMITTANCES, the economy’s saving grace last year as a result of the government’s lackluster spending, will grow more slowly this year because of the economic crisis abroad, the World Bank says. Read the rest of this entry »
Lower remittances seen
January 2, 2012
Bank earnings up 28% to P52 B in H1
November 4, 2011
MANILA, Philippines – Earnings of banks operating in the Philippines surged 28 percent to P51.9 billion from January to June this year from P40.6 billion in the same period last year, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Read the rest of this entry »
3Q 2010 industry income grew by double digits
March 16, 2011
TOTAL earnings of Philippine industries grew by double digits in the third quarter of 2010 mostly because of higher growth in banks and non-bank sectors, the National Statistical Coordination Board (NSCB) said. Read the rest of this entry »
