MPIC earnings tumble 38% in first 9 months
Listed Metro Pacific Investments Corp. (MPIC) said on Wednesday its core income declined to P7.7 billion in January to September on the impact of the lockdowns the government implemented to curb the spread of the coronavirus disease 2019 (Covid-19) in the country. In a filing, the Pangilinan-led conglomerate said the amount was a 38-percent drop…
DoF to rural banks: Support agriculture sector
The rural banking industry must play a proactive role in modernizing the agriculture sector to support the country’s economic recovery from the coronavirus pandemic, the Department of Finance (DoF) said on Wednesday. In a video message during the Rural Bankers Association of the Philippines’ 63rd Charter Anniversary Symposium, Finance Secretary Carlos Dominguez 3rd told attendees…
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