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Cebu Pacific books P8 billion profit in 2023
Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»
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......»»
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......»»
Upson International FY23 profit: P464-M (down 13.7%)
Upson International, the IT retailer primarily operating through the Octagon retail brand, teased its FY23 financial results headlined by a 13.7% dip in net income to P464 million......»»
Philippines among top e-waste producers in SEA
Electronic waste in the Philippines increased after the country generated 4.7 kilos per capita in 2022 from 3.9 kilos per capita in 2019, according to environmental group BAN Toxics......»»
Upson income drops despite record revenue
Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»
First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
Shell Pilipinas profit tumbles to P1.2 billion in 2023
The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»
Top 10 e-commerce sites in the Philippines 2019 - ASEAN UP
With a dynamic economy and a large population proficient with digital technologies, the Philippines is a fast-growing market for e-commerce in Southeast Asia. Several websites and digital applications are already fighting for market share, with global, regional and national players. The growing connectivity of the Philippines, rapidly overcoming the countrys infrastructure difficulties, enable more and Continue reading &q.....»»
Franki Russell appointed Miss Universe New Zealand 2024, country s first in 5 years
Filipino-Kiwi actress and model Franki Russell has been appointed as Miss Universe New Zealand 2024, making her the country's first representative to the annual pageant since 2019......»»
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%)......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
How safe is our space?
Safe Spaces Act (Bawal Bastos Law) or the Republic Act No. 11313 was enacted into law in April 2019. It was signed by former President Rodrigo Duterte to increase protection against sexual harassment whether online or in the physical space. This covers all forms of gender-based sexual harassment (GBSH) committed in public spaces, educational or training institutions, workplaces, and online spaces......»»
12 people jailed over storming of legislature in 2019 protests
12 people jailed over storming of legislature in 2019 protests.....»»
Sandigan junks Bistek’s plea to dismiss graft rap
The Sandiganbayan has dismissed the bid of former Quezon City mayor Herbert Bautista and former administrator Aldrin Cuña to dismiss the graft case filed against them in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Blackwater relishes strong start
If Blackwater’s 3-0 start in the PBA Philippine Cup is a portent of things to come, Bossing team owner Dioceldo Sy said yesterday he’s enjoying the habit of winning. Only twice in 21 previous conferences has Blackwater gone over .500, posting identical 7-4 records in the 2017-18 Governors Cup and 2019 Commissioner’s Cup......»»
Training program on the Revised Corporation Code
The Center for Global Best Practices is hosting an online training on the 2019 Revised Corporation Code of the Philippines on March 15 from 1:30 to 5 p.m. via Zoom......»»
The pests that are toxic politics and rice tariffication
Duterte back in 2019 promised us of cheaper rice with his Rice Tariffication Law. The Marcos-Duterte Uni-Team in 2022 promised to lower the price of rice to P20 per kilo. These promises clearly remained as promises......»»
Grab Philippines commends Marcos, Romualdez on transpo reforms
During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»
From the Newsrooms: February 18 to 24, 2024
IN 2019, Pastor Apollo Quiboloy, founder and leader of the Kingdom of Jesus Christ, made a bold claim that he had successfully prevented a 6.8 magnitude earthquake by simply yelling "Stop". But more recently, the self-proclaimed "appointed son of God" has not been able to halt the tremor of charges involving human trafficking for labor and sex, and sexual molestation filed against him by former members and workers of h.....»»