BDO Capital & Investment Corp. (BDO Capital) encourages more Filipinos to continue supporting government-issued bonds following the rousing participation of local investors in the 29th tranche of Retail Treasury Bonds (RTBs).
BDO Unibank, Inc.’s (BDO) net income increased to P57.1 billion for the full year 2022 vs. P42.8 billion in 2021, driven by robust growth across its core businesses. This led to Return on Average Common Equity (ROCE) of 13.0% for the year improving to 15.3% for the fourth quarter, from 10.5% in 2021 and 12.8% in pre-COVID pandemic 2019.
Development Bank of the Philippines (DBP) full-year net income surged by 50 percent in 2022 reaching P5.61-billion compared to the P3.74-billion that it earned in 2021, fueled largely by expanding its lending activities as a result of the full reopening of the local economy, a top official said.
The state of the economy significantly sways stock market movements. When inflation is high, it puts a dent on consumer spending and companies will inevitably feel the pinch on their profits, which may cause stock prices to dip.
The small shop of Lizaruth Morales, a micro-business owner from Zamboanga, remained open despite tough times through the help
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