Business News, Views, and Tips

Search

August 7, 2023

EastWest doubles first half 2023 income to P3.3 billon

Gotianun-led EastWest Bank (EW) doubled its earnings to ₱3.3 billion or 117% higher, for the first half, driven primarily by sustained momentum from its lending portfolio. Return on Equity improved

IMI Sells its Stake in STI to Rcapital

August 3, 2023, Laguna, Philippines — Integrated Micro-Electronics (IMI) and minority shareholders of STI Enterprises Limited (STI) have entered into an agreement to sell their respective 80% and 20% shares

Another Metro Supermarket Is Opening in Lapu-Lapu

Gaisano-led Metro Retail Stores Group Inc. is opening a Metro Supermarket in LapuLapu City, making it the third Metro store to open its doors to consumers in the highly urbanized