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EV sales soar six-fold, thanks to tariff relief

The adoption of electric vehicles in the country is gaining more ground, as Filipinos increasingly cater to eco-friendly modes of transportation amid the country’s effort to push for the electrification of transport......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Fruitas earnings soar in 2023

Listed food and beverage retail operator Fruitas Holdings Inc. saw its earnings soar in 2023 on the back of all-time high annual revenues......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

UFO? Jesus warns: “the Devil will soar through the heights, causing astonishment”

UFO? Jesus warns: “the Devil will soar through the heights, causing astonishment”.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Investments in Clark soar to P44.5B -- CDC

Investments in Clark soar to P44.5B -- CDC.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 18th, 2024

Millennials banked on to spur HMO recovery

The Generation Y, colloquially known as the millennials, is expected to help prop up the health maintenance organization sector into recovery as health protection tops their priority list......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

CNN Philippines shutting down as losses exceed P5B

MANILA  —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Remittances soar to P33.5 billion in 2023 – BSP

MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

‘Legislated wage hike spells job losses’

A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Shrinking news space: CNN Philippines shuts down due to financial losses

CNN PHILIPPINES officially announced on Jan. 29 that it was shutting down operations on all platforms following several years of financial losses. It made the announcement on its channel through a broadcast advisory, followed by an official statement on social media. Operated by Nine Media C.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

CNN Philippines announces closure due to financial losses

The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

CFC Gentle Giants reveal PFL fixtures

CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants will start their Philippines Football League (PFL) 2024 season with three matches in April. To recall, the Gentle Giants has almost completed in the overhaul in its roster and coaching staff, introducing new and returning faces into its fold for the PFL. CFC had.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

DOH: Pertussis cases 20 times higher since January

The number of pertussis cases nationwide has increased 20-fold this year from 2023, according to the Department of Hea.....»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

DigiPlus allots P100 million for corporate outreach

Listed retail gaming provider DigiPlus Interactive Corp. is raising five-fold its planned spending on various projects and initiatives that provide support to important causes through the BingoPlus Foundation......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Super Micro Enters S& P 500 After Stock Price Surge of Over 20-Fold in Two Years

Super Micro Computer Inc. has reached a major milestone as it joins the prestigious S&P 500 index after a remarkable surge in its stock price......»»

Category: newsSource:  thedailyguardianRelated NewsMar 2nd, 2024

Honor’s ultra sleek Magic V2 foldable phone takes direct aim at Samsung’s Galaxy Fold

#ExperienceMagicBeyondTheGalaxy announces a very confident Honor as it prepares for a February 21 launch.....»»

Category: newsSource:  rapplerRelated NewsFeb 12th, 2024

HMOs incur higher P4.3 billion losses in 2023

The health maintenance organization industry suffered a bigger net loss of P4.3 billion in 2023, marking the second straight year of a weak bottomline, as benefits and claims by its members soared......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Agriculture losses due to El Niño hit P1.23 billion

The agriculture sector has suffered P1.23 billion worth of damage due to the El Niño phenomenon since January, the National Disaster Risk Reduction and Management Council said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Maynilad pouring in P2.7 billion for water loss reduction plan

Maynilad Water Services Inc. will spend P2.7 billion until 2027 to reduce water losses by replacing its aging pipe network and stifling the rampant illegal connecti.....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

PIDS: LGUs losing P10 billion from single power outage

Local governments are estimated to suffer over P10 billion worth of losses from a single electricity supply interruption, affecting the delivery of public services, according to the Philippine Institute for Development Studies......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024