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JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
Rice imports as of mid-March 886,963 MT
The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»
‘Under a Piaya Moon’ director hopes he made mentor Peque Gallaga proud
In receiving the award for Mowelfund Film Institute Special Citation (full-length film category) at the just-concluded Puregold CinePanalo Film Festival at the Gateway Cineplex, “Under a Piaya Moon” director Kurt Soberano dedicated it to all his film and acting mentors, including the late multi-awarded filmmaker Peque Gallaga, Lawrence Fajardo, Jay Abello, and all the Ilonggo and Negrense directors......»»
Relasyon nina Cristine at Marco nagsimula sa pagwo-workout: Na-develop!
PINAG-ISIPANG mabuti ng aktres at celebrity mom na si Cristine Reyes bago sagutin at makipagrelasyon kay Marco Gumabao. Naging isa sa mga consideration ng award-wining actress ang limang taong agwat ng edad nila ng binata – 35 na siya ngayon habang turning 30 na this year si Marco. Halos isang taon na ngayon ang nakararaan.....»»
Government cuts borrowings to P203 billion in January
The Marcos administration slashed its borrowings by 45 percent to P203 billion at the onset of the new year in the absence of new global bond offerings.......»»
Abalos: P21 billion drugs seized since BIDA’s start in 2023
At least P21 billion worth of illegal drugs were confiscated since the start of the government’s BIDA or Buhay Ingatan, Droga ay Ayawan flagship program last year, Interior Secretary Benjamin Abalos Jr. said yesterday......»»
PPP Code IRR out; 20 projects up for approval
Around 20 solicited projects that are part of the government’s infrastructure flagship program are expected to be submitted to the National Economic and Development Authority Investment Coordination Committee for approval this year, the Public-Private Partnership Center said, following the signing of the implementing rules and regulations of the PPP Code......»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
Cebu Landmasters FY23 profit: P4.6-B (up 29%)
Cebu Landmasters [CLI 2.85 unch] [link] teased its FY23 performance at an analyst briefing where it revealed full-year net income of P4.6 billion (up 29%) and total revenues of P18.8 billion (up 20%)......»»
PMFTC reports 75K shift smoking option
Over 75,000 Filipino smokers have joined the 18.5 million smokers globally in almost 70 countries who have quit cigarettes completely for heated tobacco which has been scientifically validated as a much better alternative to smoking. In June 2020, conglomerate Philip Morris Fortune Tobacco Co. or PMFTC, embarked on its bold vision to deliver the smoke-free Philippines. Just three years after it was launched, an estimated 75,000 Filipinos have quit smoking cigarettes and adopted IQOS, a device that heats without burning tobacco. PMFTC, the local affiliate of Philip Morris International Inc., launched IQOS in June 2020 in the pilot area of Metro Manila and has since expanded its presence nationwide when it embarked on its bold vision to deliver a smoke-free Philippines. Innovation improves health “We remain steadfast in our vision to deliver a smoke-free Pilipinas. We are optimistic that more adult smokers will quit cigarettes as we continue to innovate and expand our presence in the country,” Dave Gomez, PMFTC’s communication director, said. HeatControl is a patented technology used in IQOS that precisely heats, without burning, tobacco-filled sticks wrapped in a paper called HEETS to release a water-based aerosol. Unlike cigarettes, IQOS does not burn tobacco and therefore produces no smoke and no ash. In November last year, PMFTC introduced its more affordable device called BONDS by IQOS. “If only all the 16 million Filipino smokers who don’t quit would switch to heated tobacco products, imagine the significant reduction in smoking-related diseases in the country,” Gomez added. To celebrate its 3rd anniversary, PMFTC launched IQOS Together. X — a series of events exclusive only to IQOS CLUB members — the first of its kind in the Philippines. On 17 June, IQOS CLUB Members were treated to a craft-beverage journey at OTO in Poblacion, Makati. Shortly after, they experienced a special tasting menu served by the award-winning team of TOYO Eatery on 23 June. The culminating night of IQOS Together. X was celebrated at The Yuchengco Museum on 29 June where the 2021-2022 winners of the Philippine Art Awards are on exhibit. Signature offerings from The Moment Catering and festivities were the highlights of the spectacular night, attended by over 150 members. The post PMFTC reports 75K shift smoking option appeared first on Daily Tribune......»»
Treasury makes full award of P25 billion T-bonds
The government managed to borrow P25 billion as rates declined with expectations of continued inflation slowdown......»»
Government raises P19.5 billion from partial award of T-bonds
The government partially raised P19.5 billion in long-term securities, breaking more than three months of full award, as it moved to align rates with secondary markets......»»
Rates up, full award for T-bonds
The government borrowed P25 billion in long-term securities even after investors asked for rates slightly above secondary markets......»»
Rates up, partial award for T-bonds
The government borrowed P25 billion in long-term securities even after investors asked for rates slightly above secondary markets......»»
Government makes full award of P35 billion reissued T-bonds
The government secured P35 billion in long-term securities as the asking rates of investors remain at par with secondary markets......»»
Full award of T-bonds as rates drop
The Bureau of the Treasury secured P35 billion in long-term government securities, as rates went down even after the country’s inflation sizzled to a fresh 14-year high......»»
Government makes partial award of P30.6 billion T-bonds
The government made a partial award of P30.6 billion in long-term securities even after rates picked up by over 100 basis points......»»
Treasury partially awards P24 billion in T-bonds
The government only made a partial award of Treasury bonds (T-bonds) as yields continue to pick up with the local debt market adjusting to global developments......»»
Treasury partially awards P22.85 billion in T-bonds
The government only made a partial award of Treasury bonds as yields remain high with the September inflation expected to further increase......»»