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Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion

Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

JG Summit FY23 profit: P19.6-B (up 216%)

JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

DOTr collects P19 milion fines from illegal PUVs

The Department of Transportation has collected P19 million in fines during its nationwide crackdown on illegal or colorum public utility vehicles from Feb. 1 to 2.....»»

Category: newsSource:  philstarRelated NewsFeb 25th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Treasury raises P120 billion from T-bonds

The government raised the entire program of P120 billion in long-term securities this month amid the downtrend in investor asking rates......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Imbong: Partial operation sa CBRT kaduha-duhaan

Imbong: Partial operation sa CBRT kaduha-duhaan.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

LWUA visits MCWD, insists on partial intervention

LWUA visits MCWD, insists on partial intervention.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Jeepney drivers rejoice ‘partial victory’ for phaseout extension

Jeepney drivers rejoice ‘partial victory’ for phaseout extension.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Government eyes P30 billion from 30th RTB issue

The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Government borrows P30 billion from T-bonds

The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Government fully awards P30 billion T-bonds at higher rates

The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Government raises P30 billion from T-bond sale

The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Kaladkaren inokray-okray sa Woman of Influence award: Bakit siya?!

MAS pinahanga pa ng award-winning actress at TV5 news anchor na si Kaladkaren ang mga LGBTQIA+ community sa bago niyang award. Isa si Kaladkaren o Jervi Li sa tunay na buhay sa mga binigyan ng pagkilala bilang Woman of Influence ng Cosmopolitan Philippines kamakailan. Kasama niyang tumanggap ng naturang award sina Iza Calzado, Carla Abellana.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Converge doubling capex in 2024

Broadband provider Converge ICT Solutions Inc. is doubling its capital expenditures to as much as P19 billion this year to pay for new projects that aim to improve customer experience......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Megaworld posts record financial outcome in 2023

Real estate giant Megaworld Corp. capped off 2023 with a record financial performance, posting a net income of P19.4 billion, 26 percent higher year-on-year......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Government raises IPAs project approval threshold to P15 billion

The government has increased the investment capital threshold assigned to investment promotion agencies (IPAs) to P15 billion in a bid to promote the ease of doing business......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

SMC eyes P20 billion fixed bond offer

Diversified conglomerate San Miguel Corp. targets to offer in June fixed-rate bonds in a bid to raise P20 billion......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

BTr raises P120 billion from T-bond sale

The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024