Friday August 17, 2018
CAGAYAN DE ORO
CAGAYAN DE ORO
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Manila / Business
Metro Retail Stores posts P344-M H1 profit
/ from 3 days ago
ON THE back of a strong performance from its current network of stores, Metro Retail Stores Group Inc. (MRSGI) posted a 9.5 percent increase in retail sales for the first half of 2018.Highlighted by a 171 basis point improvement in margins, MRSGI also reported a P344-million profit for the first ...
Economy slows down in 2nd quarter
/ from 7 days ago
THE Philippine economy slowed down in the second quarter of 2018, with gross domestic product (GDP) growing only 6.0 percent, the Philippine Statistics Authority (PSA) reported Thursday, August 9.The figure, which is lower than the 6.6-percent growth rate logged in the first quarter of the year, is less than government ...
Inflation hits new five-year high
/ from 9 days ago
AS PROJECTED, the inflation rate accelerated further in July, reaching a new five-year high of 5.7 percent, the Philippine Statistics Authority (PSA) reported Tuesday, August 7.The PSA said the uptrend, from 5.2 percent in June 2018 and 2.4 percent in June 2017, was mainly due to the higher prices of ...
The smell of Cebu's best in The Fort
/ from 14 days ago
A POPULAR lechon joint from the province of Cebu has landed in The Fort, Bonifacio Global City (BGC), as the first establishment to have a roasting pit in the area, and is set to treat Metro Manila with Cebu-Style lechon.Rico's Lechon, located at The Fort Strip, a hangout spot packed ...
BDO earns P13.1 billion in 1st half of 2018
/ from 20 days ago
BDO Unibank Inc. (BDO) posted P13.1 billion in net income in the first six months of 2018 on the back of solid results across its core lending and deposit-taking businesses, down from the year-ago level of P13.3 billion.Excluding the impact of PFRS9, which was implemented early this year on the ...
Motorbike mode now on Google Maps
/ from 22 days ago
Google launched a brand new feature, “motorbike mode” to help Filipinos bikers navigate traffic across the Philippines.Google Maps already has a number of features to help Filipinos reach their destinations including a feature that helps transit riders never miss their stop with Google Maps sending an alert when it’s time ...
3rd telco must be 'reliable, inexpensive'
Ruth Abbey Gita
/ from 24 days ago
THE third player in the country's telecommunications industry should be "reliable, inexpensive, and secure," President Rodrigo Duterte said in his third State of the Nation Address delivered Monday, July 23.Duterte emphasized that the selection process should be "inclusive" to allow the government to select the most competent telecommunications carrier."My administration ...
AirAsia celebrates a decade of world's best
/ from 29 days ago
LONDON – AirAsia has been named the world’s best low-cost airline for the tenth year in a row. AirAsia won the accolade at the 2018 Skytrax World Airline Awards, held yesterday, July 17, at The Langham, London. Dubbed the ‘Oscars of the Aviation Industry’, the Skytrax Awards are the global benchmark ...
Roxas Sigma's Integrated Coconut Processing Plant: The first in the country
/ from 36 days ago
THE coconut tree has been called the "tree of life" or some other variation of this moniker across the world because no part of it goes to waste. From its leaves down to its roots, people have found some use for each and every part of the coconut tree. It ...
Nickel industry plants more than 4 million trees
/ from 43 days ago
GOING beyond compliance in implementing responsible and sustainable mining operations, key players in the Philippine nickel industry have planted an estimated 4.2 million trees to date in the Caraga region and in Palawan.The Philippine Nickel Industry Association (PNIA), through its seven member-companies, has upped its greening efforts in recent years ...