.png)
Philippine trade slumps in January-July amid global slowdown
The Philippines total external trade of goods declined by 10% in the first seven months of the year to $114.4 billion as both exports and...
top of page
Search
Evolves Co
Sep 9, 20231 min read
Unemployment rate hits five-month high
The country’s jobless rate reached a five-month high in July, while more Filipinos were also underemployed during the month, according to...
0 views0 comments
Evolves Co
Aug 12, 20232 min read
Ayala, BYD join hands to power electric mobility revolution in the Philippines
Ayala Corporation is set to lead the electric vehicle (EV) charge in the Philippines as it joins hands with global EV manufacturer BYD...
0 views0 comments
Evolves Co
Aug 12, 20232 min read
First half rebound: Lance Gokongwei-led JG Summit swings to P10.4 billion profit
Gokongwei-led conglomerate JG Summit Holdings Inc. has staged a notable comeback in the first half, propelled by sustained margin...
0 views0 comments
Evolves Co
Aug 12, 20232 min read
Economic headwinds impact Lucio Tan’s holding firm as H1 net income falls 16%
LT Group Inc. of bilyonaryo Lucio Tan saw a 16 percent decline in its first half net income to P13 billion, with reduced contributions...
0 views0 comments
Evolves Co
Jul 30, 20232 min read
Market Watch: Latest Stock Market News Today
Market Recap: The stock market saw mixed results today, with the major indices experiencing slight fluctuations. The Dow Jones Industrial...
0 views0 comments
Evolves Co
Jul 30, 20232 min read
Philippine economy faces slowdown amid mounting headwinds – ING
Following a stronger-than-anticipated 6.4 percent gross domestic product (GDP) growth in the first quarter, the Philippine economy is now...
0 views0 comments
Evolves Co
Jul 30, 20231 min read
Demand slump and cost pressures take toll on Cemex Philippines: Net loss soars 148% in H1
Cemex Holdings Philippines (CHP) reported significant losses in the first half of the year, primarily driven by lower operating earnings...
1 view0 comments
Evolves Co
Jul 30, 20231 min read
Aboitiz holding firm grapples with forex losses, first half net income slides 11%
Non-recurring losses due primarily to foreign exchange losses weighed heavily on the profitability of the holding company of the Aboitiz...
0 views0 comments
Evolves Co
Jun 9, 20231 min read
Empowering employees for a resilient future:
Empowering employees for a resilient future: EEI unveils cutting-edge training center for construction skills development EEI Corp. is...
0 views0 comments
Evolves Co
Jun 9, 20231 min read
Robust growth in Philippine manufacturing: Output increases by 8.2% in April
The Philippines’ manufacturing output registered a growth of 8.2 percent in April 2023, according to the Philippine Statistics Authority...
0 views0 comments
Evolves Co
Jun 5, 20231 min read
Harley Sy unloads P70 million SM Investments shares
Ultra bilyonaryo Harley Sy raised some spare cash after nipping off a bit from his SM Investments. The executive director sold a total of...
0 views0 comments
Evolves Co
Jun 5, 20231 min read
Philip Ang joins Manny Zamora, Frederick Dy as Nickel Asia advisor
Bilyonaryo Philip Ang is embarking on a new role at Nickel Asia, two years after his retirement from the company. Ang, alongside his...
3 views0 comments
Evolves Co
Jun 5, 20231 min read
Ayala Group pushes for temporary tariff reduction on electric vehicles to drive adoption
The Ayala Group of Companies is making a compelling case for a temporary reduction in the most favored nation rates on all completely...
1 view0 comments
Evolves Co
Mar 19, 20232 min read
Credit Suisse sheds another 8% as traders digest emergency liquidity
Credit Suisse shares fell 8% on Friday, after soaring over the previous session as the embattled lender said it will borrow up to 50...
0 views0 comments
Evolves Co
Mar 19, 20232 min read
First Republic shares slid almost 33% after deposit infusion, dragging down other regional banks
Shares of First Republic were under severe pressure Friday despite the beaten-down regional bank receiving aid from other financial...
0 views0 comments
Evolves Co
Mar 19, 20231 min read
Hans Sy scoops up P31 million China Bank shares
March 18, 2023 Ultra bilyonaryo Hans Sy has beefed up his holdings in fast-rising China Bank (CHIB). The CHIB chairman bought one million...
0 views0 comments
Evolves Co
Mar 19, 20231 min read
SM Prime expands its network with 4 new malls set to open in 2023
March 18, 2023 SM Prime Holdings Inc., the integrated property developer owned by the Sy family, is set to continue its expansion in the...
0 views0 comments
Evolves Co
Mar 12, 20232 min read
Just like that: Market pricing swings back to quarter-point Fed rate hike
It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark interest rate a half...
0 views0 comments
Evolves Co
Mar 12, 20231 min read
Silicon Valley Bank employees received bonuses hours before government takeover
Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to...
1 view0 comments
bottom of page