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Recto revives plan to sell NAIA assets

Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

How does LTG derive income from PNB when PNB hasn’t declared dividends?

I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

PNB asset sale seen to yield P5.4 billion

Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

ED attaches assets under PMLA in Kamla Landmarc case

Mumbai (Maharashtra) [India], February 29 (ANI): The Directorate of Enforcement (ED), Mumbai, has issued two provisional attachment orders under the provisions of Prevention of Money Laundering Act (PMLA), 2002, attaching assets worth Rs. 48.67 crore of Jitendra Jain, Director in various partnership firms and private companies owned by Kamala Landmarc Group of companies and assets worth Rs. 15.29 Crore of Parvath Shetty,.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 1st, 2024

ED attaches assets under PMLA in Kamla Landmarc case

Mumbai (Maharashtra) [India], February 29 (ANI): The Directorate of Enforcement (ED), Mumbai, has issued two provisional attachment orders under the provisions of Prevention of Money Laundering Act (PMLA), 2002, attaching assets worth Rs. 48.67 crore of Jitendra Jain, Director in various partnership firms and private companies owned by Kamala Landmarc Group of companies and assets worth Rs. 15.29 Crore of Parvath Shetty,.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Audit of P10.3 billion free tuition fund sought

A lawmaker has sought an audit of the P10.3-billion budget for free tuition and living allowance of poor students in state universities and colleges and private higher education institution......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Filinvest raises P10 billion from new bond offer

Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 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

PH’s BOI grants green lane endorsement for P10.85-B wind project in Laguna

The project, with an investment cost of P10.85 billion, is set to start its commercial operations by 2026 and is expected to generate at least 30 direct and 500 indirect employment for Filipinos......»»

Category: lifestyleSource:  abscbnRelated NewsApr 4th, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Jollibee plans to sell up to P8-B in preferred shares

Jollibee announced its plan to sell an additional 5 million to 8 million preferred shares at P1000/share, in a follow-on offering to raise between P5 billion and P8 billion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

GSIS, PNB allot P1.2 billion for affordable housing

State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

P10.54 million shabu seized in Iloilo

At least 1.55 kilos of shabu with an estimated street value of P10.54 million were recovered in stings in Iloilo City on Thursday, Western Visayas police director Brig. Gen. Jack Wanky said......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

PNP gets P10 million reward for busting Bicol crime ring

A reward of P10 million was given to the Philippine National Police for breaking up a criminal ring based in Bicol with the killing of its leaders last month......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Ex-con nasakmitan og P10.8M shabu

Ex-con nasakmitan og P10.8M shabu.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

Makati barangays to get P10 million more from tax shares

All 23 barangays of Makati are each getting an additional P10-million share from the city’s basic real property tax collection following the transfer of the 10 enlisted men’s barrio or “embo” barangays to Taguig, Mayor Abby Binay said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

P10.5-M unmarked fuel seized in Bataan

P10.5-M unmarked fuel seized in Bataan.....»»

Category: newsSource:  sunstarRelated NewsFeb 2nd, 2024

P10.3M shabu, 162 ka durugista nadakpan

P10.3M shabu, 162 ka durugista nadakpan.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Sarah Lahbati nakatanggap ng P10-M kaya nakabili ng bagong bahay, true kaya?

TRULILI kayang nakatanggap na umano ng downpayment na nagkakahalaga ng P10 million ang nagbabalik showbiz na si Sarah Lahbati mula sa Viva Films kaya may pinang-down siya sa malaking bahay na nilipatan? Viral sa social media ang post ni Sarah ang paglipat niya sa malaki at magandang bahay na ang caption ay, “switching up the.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 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