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PH Allocates Over P32 Billion to Boost Workforce
The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
Ayala Corp profit hits record high in 2023
Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»
SMIC expands board seats
The Sy family is bolstering the boardroom of its flagship holding firm SM Investments Corp. by expanding the number of its directors......»»
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......»»
SMIC eyes 60 new Goldilocks stores
SM Investments Corp. is poised to put up more Goldilocks stores nationwide this year to bring its total store count to 986 by yearend......»»
Sandigan admits evidence vs Bautista
The Sandiganbayan has admitted all the documentary evidence presented by the Office of the Ombudsman’s prosecution team against former Quezon City mayor Herbert “Bistek” Bautista and former city administrator Aldrin Cuña in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Dawn fire hits 4 houses in Cebu City; 1 more razed in Argao town
Dawn fire hits 4 houses in Cebu City; 1 more razed in Argao town.....»»
Water shortage ‘severely’ hits barangays in 3 cities
Water shortage ‘severely’ hits barangays in 3 cities.....»»
Fire hits three-hectare land in Argao
Fire hits three-hectare land in Argao.....»»
Cebu Daily Newscast: Huge fire hits two sitios in Looc, Mandaue City
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, March 12, 2024. Huge fire hits two sitios in Looc, Mandaue City A fire broke out in two sitios in Barangay Looc, Mandaue City on Tuesday noon, March 12, 2024. The fire hit.....»»
RLC s net income hits all-time high to P12.06B in 2023
RLC s net income hits all-time high to P12.06B in 2023.....»»
Fire hits school building in upland Cebu City barangay
Fire hits school building in upland Cebu City barangay.....»»
China Bank Savings profit hits record high in 2023
The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
Filinvest profit hits all-time high in 2023
Filinvest Land Inc., the listed property developer of the Gotianun family, delivered an all-time high net income in 2023 on the back of strong contributions from its residential and leasing business segments......»»
BDO profit hits record P73.4 billion in 2023
BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»
AUB profit hits record high in 2023
Rebisco-led Asia United Bank and its subsidiaries boosted earnings by 32 percent to a record high of P8.3 billion in 2023, from P6.3 billion in 2022......»»
BPI profit hits record high P51.7 billion in 2023
“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»
GMA Network profit falls to P3.2 billion in 2023
Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»