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Asialink loan releases jump 38% to P12.6 billion

Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Filinvest Development FY23 profit: P12.1-B (up 46%)

Filinvest Development, the Gotianun Family’s mid-tier conglomerate, posted an FY23 consolidated net income of P12.1 billion, up 46% from its FY22 consolidated net income of P8.3 billion......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

DOTr needs P12.5 billion to build 200 ports

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

P12 billion cash aid to rice farmers fully distributed by June – Department of Agriculture

The Department of Agriculture (DA) targets to complete the distribution of P12.09 billion cash assistance to nearly 2.4 million rice farmers by the end of the first half after the program was hindered by last year’s election ban......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Universal Robina FY23 profit: P12.8-B (down 12%)

Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

RLC posts record P12.1 billion profit in 2023

Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

‘4Ps registered P9 billion deficit due to budget cuts’

The Pantawid Pamilyang Pilipino Program of the government had already registered a “budget deficit” of P9 billion after Sen. Imee Marcos slashed its budget by P13 billion......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget

Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Budget officers in CV undergo financial management training

CEBU CITY, Philippines — Over 600 budget officers in Central Visayas underwent Public Financial Management (PFM) Training in Cebu last month. The initiative, led by the Department of Budget and Management (DBM) in collaboration with the Association of Local Budget Officers-Central Visayas Inc., took place at a hotel in Mandaue City. This training was a.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

PH Allocates Over P32 Billion to Boost Workforce

The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 15th, 2024

Cebu City Council slashes Rama’s proposed P100B budget to P25B

  CEBU CITY, Philippines — Cebu City Mayor Michael Rama’s proposed P100 billion budget for 2024 was reduced to P25 billion by the City Council, which overrode the mayor’s veto. Councilor Jocelyn Pesquera, vice chairperson of the council’s Committee on Budget and Finance, confirmed the decision on Wednesday, Jan. 24, emphasizing that all provisions in the.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

PH army’s new cyber defense group questioned over potential use for attacks

In 2018, several websites of progressive organizations and media outfits became victims of relentless DDoS attacks.  A probe by Sweden-based Qurium Media Foundation revealed that the attacks came from the Philippine Army, including activities linked to the Chief of Staff for Intelligence of the Philippine Army. The post PH army’s new cyber defense group questioned over potential use for attacks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

P12.2M nga drugas nasakmit sa CCPO

P12.2M nga drugas nasakmit sa CCPO.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Cavite lotto player wins P12.9 million jackpot

A bettor in Dasmariñas, Cavite won the P12.9-million jackpot in the Regular Lotto 6/42 drawn on Tuesday night, the Philippine Charity Sweepstakes Office announced yesterday......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

RLC s net income hits all-time high to P12.06B in 2023

RLC s net income hits all-time high to P12.06B in 2023.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

P12.9-M worth marijuana plants uprooted in Sulu

Anti-narcotics agents uprooted P12.9 million worth of marijuana shrubs neatly planted in rows in an upland farm in Barangay Masjid Punjungan in Kalingalan Caluang town in Sulu on Sunday......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

DA proposes over P500 billion budget for 2025

The Department of Agriculture (DA) is proposing a P513.81 billion budget next year, more than double its current allocation of P208.58 billion to improve the country’s food security......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects

President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024