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Cebu Landmasters prices its follow-on offering
Cebu Landmasters set the dividend rates for its P5 billion follow-on offering that will begin selling to the public tomorrow......»»
Cebu Landmasters FOO approved by the PSE
Cebu Landmasters had its follow-on offering of preferred shares approved by the PSE......»»
Cebu Landmasters board approves P5-B preferred shares offering
Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
CLI allots higher capex, partners with Japan firm
Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»
Franchising industry sees 8–10 percent growth this year
The country’s largest franchising association is looking to grow franchise stores and revenues by eight to 10 percent this year as more foreign brands are interested to enter the country, while local brands continue to expand......»»
La Union posts P1 billion in tourism revenues
The provincial government of La Union recorded P1.04 billion in tourism revenues last year......»»
Pampanga records P1B quarry revenues in 2023
Pampanga records P1B quarry revenues in 2023.....»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
BOC rakes in P73 billion in revenues in January
The Bureau of Customs is off to a good start this year after it collected P73 billion in revenues in January on enhanced valuation and improved trade facilitation......»»
PHL gross gaming revenues breach P200B in 2 straight years
PHL gross gaming revenues breach P200B in 2 straight years.....»»
Gaming revenues beat target, hit record P285 billion in 2023
The local gambling industry continued to take advantage of increased operational capacity, with its gross gaming revenues exceeding targets and hitting a record P285 billion in 2023......»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
‘Bubble Gang’ long-time collaborators share gag show’s secrets to success
For more than two decades, “Bubble Gang,” now spelled “BBLGANG,” has become a staple of every Kapuso’s Entertainment fare. It features, among other things, “commercial spoofs, recurring characters, and parodies on politicians,” according to its website, and remains the local tinseltown’s longest-running gag show......»»
ICT FY23 net income down 17% to US $511-M
International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»
STATEMENT | A cry for justice for the victims and survivors of the ongoing climate disaster in Davao region
This most recent landslide is only a stark reminder that recurring disasters have occurred, pointing to a lack of corporate accountability and the failure to install mitigating measures to prevent a new landslide and prompt response when a new one occurs......»»
NEDA chief sees 2015 growth at 6% despite typhoons
By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»
Recto sees ‘realistic’ 6-6.5 percent growth for Philippines
Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»
UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
Filinvest sees sustained growth this year
Filinvest Development Corp. (FDC) plans to bolster its presence in the infrastructure space this year as the group gears up for sustained growth......»»