JG SUMMIT Holdings, Inc. doubled its earnings in the second quarter as its airline, real estate and banking units registered double-digit growth.

EARNINGS of DMCI Holdings, Inc. fell by a fifth in the second quarter of 2019, weighed down by lower coal prices and higher replacement power costs.

VISTA LAND & Lifescapes, Inc., the property firm led by the country’s richest man Manuel B. Villar, Jr., reported a 10% increase in earnings in the second quarter, thanks to sustained sales of its residential projects and higher leasing revenues.

YIELDS ON term deposits dropped further on Wednesday as demand increased after the policy rate cuts implemented by the central bank last week.

THE BANGKO SENTRAL ng Pilipinas (BSP) has received “below 10” applications from banks for adjustments of fees for transactions coursed through automated teller machines (ATM) after the moratorium on such tweaks was lifted last month, a senior official said on Wednesday.

PHILIPPINE National Bank (PNB) wants to double its return on equity (RoE) within three years as it plans to put more focus on consumer finance and upgrade its subsidiaries in the coming years.

WE KNOW it’s still Ghost Month, but it doesn’t hurt to do a bit of planning before this year’s Mid-Autumn Festival, scheduled to fall a month from now on Sept. 13.

AS TIME is a limited resource, travelling for pleasure may sometimes be considered a luxury. Often, the choice of destination could spell the difference between a memorable vacation and a bungled opportunity. Carefully selecting one’s getaway is the first order in planning.

DAVAO CITY — Lugang Café of China’s Bellagio Group of Restaurants has opened its first branch in Mindanao at the SM City Ecoland here and several more are planned in other cities in the island.

FOREIGN AFFAIRS Secretary Teodoro L. Locsin, Jr. is considering opening up marine surveys of the Philippines’ exclusive economic zones (EEZs) to more foreign participation, subject to the condition that they use Philippine ships or cede leadership of the survey mission to Filipinos.

THE Philippine Identification System Act (PhilSys) is expected to lead to the expansion of bank lending by enabling faster processing of loan applications, a bank official said.

A FARM equipment manufacturer said it has partnered with an Israeli company to help finance $100 million worth of processing plants.