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May 2021

AGI posts P3.2B profit in first quarter

Strengthened by its diversified businesses, Alliance Global Group, Inc. (AGI) registered a net profit of P3.2-billion in the first quarter of 2021, reflecting a 20% decline from P4-billion the year

EastWest Income at ₱2.0 billion, ROE at 14.4%

Gotianun-led EastWest Bank (EW) posted a net income of ₱2.0 billion in the first three months of 2021, 10% lower from last year’s ₱2.3 billion. Return on equity (ROE) was

EDSA Busway Concourse Project inaugurated

After the historic inaugural ceremony for the EDSA Busway Concourse Project yesterday, May 18, Department of Transportation (DOTr) Sec. Art Tugade jubilantly expressed in his post the forthcoming renaissance and

DoubleDragon 2020 net income reached P6.03-B

DoubleDragon Properties Corp. reports net income figures for the year-end 2020 has reached Php 6.03 Billion, with total consolidated revenues of Php 14.26 billion. More importantly, DoubleDragon’s recurring revenues grew

China’s tricky economic engagement

China’s economic diplomacy under the Belt Road Initiative (BRI), which involves helping developing countries like the Philippines modernize their infrastructures, raises more questions than answers.  BRI represents China’s ambition to