Manila: The net income of the Bangko Sentral ng Pilipinas (BSP) went up by more than 400 percent in January to July this year. Preliminary data from the BSP showed that net income rose to PHP95.2 billion as of end-July, up by 414 percent from the PHP18.5 billion in the same period last year. Revenues increased by 57.1 percent to PHP190.6 billion from PHP121.3 billion. Data showed that interest income accounted for more than half of the central bank’s revenues during the period at PHP140.2 billion from PHP109.6 billion last year. Miscellaneous income, which includes trading gains or losses, fees,

Manila: It will be Ginebra against TNT in the PBA Governors’ Cup finals. The Gin Kings knocked out the San Miguel Beermen with a 102-99 semifinal Game 6 win on Sunday night at the Smart Araneta Coliseum in Quezon City. A dagger three from Justin Brownlee was enough as the Gin Kings dodged bullets from the Beermen in the end. Brownlee scored a trey with 1:47 left for a 102-98 cushion, which virtually sealed the deal for Ginebra as SMB struggled in crunch time. June Mar Fajardo had a chance to inch closer for the Beermen, but he only made

Manila: Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian on Monday instructed the Disaster Response Management Group (DRMG) to be on high alert and be prepared to provide assistance and resource augmentation to all local government units (LGUs) along the track of Tropical Depression (TD) Kristine. Gatchalian said the DRMG will meet with the DSWD regional directors nationwide at 4 p.m. Monday to further discuss preparedness and response efforts for the weather disturbance. ‘We have to make sure Field Offices 1 and 2 and CAR’s (Cordillera Administrative Region) stockpiles are in full strength,’ Gatchalian told the DRMG group,

Manila: President Ferdinand R. Marcos Jr.’s satisfaction and trust ratings saw a slight increase in October, a survey by polling firm Tangere showed on Monday. The Tangere survey, conducted from Oct. 16 to 19, bared that Marcos’ satisfaction rating increased to 46.9 percent, up from 46.4 percent in the previous month, while his trust rating rose to 59.3 percent from 58.8 percent. The pollster noted that support for Marcos was strongest in Northern and Central Luzon. The highest levels of satisfaction and trust were reported among younger respondents aged 18 to 35. The highest levels of dissatisfaction and distrust towards

Manila: Low-cost carrier Cebu Pacific (CEB) will launch flights to Tagbilaran, Daraga and Dumaguete via Iloilo on the first three days of December, respectively. Iloilo-Tagbilaran flights will be offered daily, while both Daraga and Dumaguete flights will be thrice weekly. The Gokongwei-led airline’s expansion of Iloilo hub reaffirms its commitment to enhancing inter-island connectivity. ‘We are excited to introduce three new domestic routes from Iloilo, which comes just in time for the holiday season when many Filipinos go the extra mile to visit loved ones in different provinces,” CEB President Xander Lao said in a statement Monday. Lao added they