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Filipinos carrying flowers, candles and bags of food thronged cemeteries across the Catholic-majority Philippines on Wednesday to pay their respects to dead loved ones on All Saints' Day.
MANILA, Philippines — Nearly half or 48% of Filipino families rated themselves as poor during the third quarter of the year, up by about three points from the previous period, according to a new Social Weather Stations (SWS) survey.
The Philippines recorded a 6.1% inflation in September 2023 which caused the Bangkol Sentral ng Pilipinas (BSP) Monetary Board to raise interest rates to 6.50% to mitigate the risks of inflation.
MANILA, Philippines — Filipinos carrying flowers, candles and bags of food thronged cemeteries across the Catholic-majority Philippines on Wednesday to pay their respects to dead loved ones on All Saints' Day.
SEOUL, South Korea — South Korea's Samsung Electronics said Tuesday that its operating profits for the July to September period were down 77.57 percent from the year before, even as new smartphone releases boosted revenue.
Metrobank [MBT 52.00 unch; 48% avgVol] [link] posted a Q3 net income of P11 billion, which is 38% higher y/y from its Q3/22 net income of P8 billion, and 7% higher q/q from its Q2/23 net income of P10.4 billion. Net interest income was up 20%, and net loans were up 1.19% (up P16.9 billion) driven by the growth in MBT’s consumer loans and credit card portfolios.
MANILA, Philippines — Inflation in the Philippines likely eased in October with the reversal in rice price hikes expected to have kicked in, UK-based think tank Pantheon Macroeconomics said.
In the intricate symphony of a nation’s economic progress, there is a conductor who plays a crucial role, often behind the scenes.