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MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 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

SSS loan scam tatalupan ng Kamara

Gigisahin ng Kamara de Representantes ang mga opisyal ng Social Security System (SSS) dahil sa loan scam kung saan maraming miyembro ang pinagbabayad ng loan kahit hindi sila nag-file. The post SSS loan scam tatalupan ng Kamara first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 16th, 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

Serious Crash, Tomoana Road, Hastings

Police are responding to a serious crash involving a vehicle on Tomoana Road, Hastings, reported around 12:20pm.One person has been transported to hospital in a serious condition.The Serious Crash Unit has been advised.The road is closed at the intersections of Tomoana Road/Williams Street and Tomoana Road/Nelson Street, diversions are in place.Motorists are advised to follow the diversions......»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

Suntrust secures $38 million loan for Parañaque casino project

Suntrust Resort Holdings Inc. has secured a $38-million loan to fund the development of its casino project in Parañaque City......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

53% drop in Davao City’s road accidents: DCPO-TEU

The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Serious Crash, Longbeach Road, Willowby

Police are responding to a two vehicle crash on Longbeach Road near Winslow Willowby Road, Willowby, Ashburton.The crash was reported around 5:40pm.One person is in a critical condition, and a helicopter is enroute.The Serious Crash Unit has been advised.The road is blocked and motorists are advised to expect delays.ENDS Issued by Police Media Centre   Sou.....»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

DBP lends P2 billion for Palawan infrastructure projects

State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Road reopens - Salisbury Road, Richmond

Salisbury Road in Richmond has reopened, after a fallen tree blocking the road was removed.Police thanks motorists for their patience while work was under way to clear the road.ENDS  Issued by Police Media Centre.  Source: NZ Police.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Davao swimmer Ernie Gawilan secures 3rd Paralympics spot

Davao swimmer Ernie Gawilan secures 3rd Paralympics spot.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Mober secures $2-M in seed funding to electrify Philippine logistics

Mober secures $2-M in seed funding to electrify Philippine logistics.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Horohoro Road (State Highway 30) blocked by serious crash

Emergency services are responding to a serious crash on Horohoro Road (State Highway 30).The crash, involving two cars, was reported to Police at 6.50am.Two people are reported to have serious injuries.The road between Nicholson Road and Whirinaki Valley Road is currently blocked by the crash and motorists are asked to avoid the area.  ENDSIssued by Police Media Centre......»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Eight Tips for Choosing a Domain Name for Your Small Business

Choosing a domain name for a small business requires careful consideration, as it is often the first thing people see about your business. The domain name of a business is often considered a piece of real estate on the internet, or your business home on the web. It is core to the digital presence of […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

New road to Cebu Business Park, creek rehab eyed

New road to Cebu Business Park, creek rehab eyed.....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2024

Serious crash near Ashburton

Police are responding to a two-vehicle crash in Willowby, near Ashburton.The crash was reported around 5:40pm on Longbeach Road, near Winslow Willoughby Road.One person is in a critical condition, and a helicopter has been called for.The Serious Crash Unit has been advised.The road is blocked and motorists are advised to expect delays.ENDS   Source: NZ Police.....»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

Road closed - Serious Crash Canal West Road, Waitakaruru, Waita

Canal West Road,Waitakaruru, Waita, is closed following a serious crash.The two vehicle collision was reported just after 4pm.Initial indications are that one person is in a serious condition.The Serious Crash Unit are attending.Motorists are advised to avoid the area and expect delays.ENDSSource: NZ Police(File photo)......»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Cebu City sets 14 road opening, widening projects worth P3.8B

  CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Satellite tech vital in maritime security, disaster mitigation

Officials of the Philippine Navy, National Disaster Risk Reduction and Management Council and the Department of Environment and Natural Resources agreed that space-based technology, such as satellites, have been vital in strengthening maritime security and disaster mitigation in the country......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024