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Singlife gets P600 million capital infusion

Digital life insurance firm Singlife Philippines has secured a P600-million capital infusion from its parent company in Singapore as it moves to grow its market presence in the country......»»

Category: financeSource: philstar philstarApr 2nd, 2024

2 arrested over P600,000 worth of shabu in Iloilo City

2 arrested over P600,000 worth of shabu in Iloilo City.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Coin deposit machines log P577 million transactions

The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

UnionBank to kick off P10-B stock rights offer

The stock rights offering of Aboitiz-led Union Bank of the Philippines is set to kick off in May to raise as much as P10 billion to fund the capital infusion of its digital bank and for other general purposes......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 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

DSWD: Giving cash more practical than bags of rice

The Department of Social Welfare and Development stands by its position that it is “more practical and efficient” to give the P600/month rice subsidy to beneficiaries of the Pantawid Pamilyang Pilipino Program in cash rather than actual bags of rice......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

DOF: GFIs can seek extended relief after Maharlika infusion

Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Drip, drip! : Mariel Rodriguez pokes fun at controversial IV drip session in Senate

Host-actress Mariel Rodriguez-Padilla touched on her controversial intravenous infusion or IV drip session last week at the Senate, reiterating she had no ill intentions at the time......»»

Category: entertainmentSource:  philstarRelated NewsFeb 28th, 2024

Disney+ Loses 1.3 Million Subscribers After Price Hike

Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 8th, 2024

Pomelo bags spot for ‘promising fintech companies’

This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Pomelo bags spot for ‘promising fintech companies’

This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Cosco ventures into RE with P552 million investment

Cosco Capital Inc. of retail tycoon Lucio Co has formalized its renewable energy venture with a P552-million investment for a majority stake in a company that operates a hydropower plant in Oriental Mindoro......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

ICTSI on expansion mode; raises capex to $450 million

International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»

Category: financeSource:  philstarRelated NewsMar 1st, 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

AbaCore raises P200 million from asset sale

Listed holding company AbaCore Capital Holdings Inc. has raised P200 million from the sale of another Batangas property......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Boracay Water pipelines P240 million for service upgrade

Boracay Island Water Co. Inc. has earmarked P240 million to bankroll its capital expenditure this year to improve water and wastewater services in Boracay Island......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

3 dead, 17 injured in multi-vehicle crash in Philippine capital

MANILA, April 30 (Xinhua) -- A speeding bus crashed into several vehicles along a busy highway in the Philippine capital on Monday night, killing three and injuring 17 others, police said on Tuesday. According to the police, the multi-vehicle accident happened around 9 p.m. local time and involved a bus, a passenger van, a taxi, and five motorcycles. Initial investigation showed that the bus first rammed.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Octogenarian fire victim gets immediate cash, relief aid from Himamaylan LGU

Octogenarian fire victim gets immediate cash, relief aid from Himamaylan LGU.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Your favorite appliance store gets a fresh upgrade!

Your favorite appliance store gets a fresh upgrade!.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024