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DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Residential electricity rate up by P0.13 for March – April billing

Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Roxas and Company finalizing plans to monetize vast landbank of farmland

Roxas and Company clarified a report by BIlyonaryo that it could use some of its massive agricultural landbank in a tie-up with Manny Pangilinan’s SP New Energy......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

Landbank continues to waive transfer fees below P1,000

In an advisory, Landbank said it will continue to waive fees for fund transfers to other banks sent through InstaPay and PESONet as long as it is below P1,000......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

FACT CHECK: Link for scholarship program posted by fake Landbank page

Both the Facebook page and the link for the supposed scholarship program are not affiliated with Landbank, according to a Facebook post on its official and verified page.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

Landbank income exceeds P40 billion mark

State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Petron rolls back LPG price by P11 per 11-kg cylinder

MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram (kg) or a total of P11 per 11-kg cylinder effective April 1 at 12 noon. “This reflects the.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

P11.6M nga drugs nasakmit sa polis

P11.6M nga drugs nasakmit sa polis.....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2024

Landbank sees 2-digit earnings this year

Land Bank of the Philippines is looking at a double-digit growth in net income this year following a record performance in 2023......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Beyond the Raise: Mastering Financial Prosperity Post-Income Boost

Are you still feeling broke even if you already had a salary increase or a new stream of income? You are not alone. Feeling broke can sometimes not be just not a feeling — it can be your real situation. Feeling broke despite an increase in income can be caused by different factors, which include […].....»»

Category: newsSource:  metrocebuRelated NewsMar 14th, 2024

Philippines upper middle-income status seen to boost insurance penetration

Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

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

DMCI posts FY23 net income of P24.7-B (down 21%)

DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)

Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Semirara FY23 net income down 30% to P27.9-B

Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income

Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Power rates slightly inch up in January — Meralco

Meralco said that it will have a slight increase in power rates by P0.0846 per kiloWatt-hour (kWh) which brings the overall rate for a household to P11.3430 per kWh this month......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Ways to address income inequality

I wrote two columns last month on the topic “income inequality.”.....»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

Landbank eyes digital expansion

State-run Land Bank of the Philippines is targeting to reduce over-the-counter transactions as it moves to expand its digital services for customers......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Landbank, BOC streamline payment system

The Bureau of Customs and the Land Bank of the Philippines have teamed up to facilitate a digital payment scheme for various customs processes......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024