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ICT FY23 net income down 17% to US $511-M

International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Institutionalize space allocation for ICT infrastructure in development projects – think tank

Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Government tackling high construction costs

The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

It’s complicated

Times are hard and it is obvious that workers need to earn more to survive. A Filipino family of five needs at least P13,797 a month or P460 a day to meet their basic needs, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Saudi Arabia: Migrant Workers Long Overdue Wages at Risk

(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»

Category: sportsSource:  abscbnRelated NewsMar 3rd, 2024

Saudi Arabia: Migrant Workers Long Overdue Wages at Risk

(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

Exam leak: Over 20K students to retake admission test at West Visayas State University  

More than 20,000 examinees will need to retake the qualifying test at the West Visayas State University in the Western Visayas region after officials confirmed that the admission test questions were leaked among some examinees......»»

Category: sportsSource:  abscbnRelated NewsMar 18th, 2024

Lapu-Lapu killing: Construction worker stabbed dead by man with 23-inch bolo 

LAPU-LAPU CITY, Cebu — A 52-year-old construction worker died after he was stabbed by another construction worker in Purok Thunder, Timpolok, Barangay Babag in Lapu-Lapu City on Sunday evening, March 10, 2024. The victim was identified as Victor Franco Tolo, with a live-in partner, a resident of the place. READ: Senior citizen hacked to death.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

Cebu City College construction in Ramos Public Market starts

CEBU CITY, Philippines — The construction of the Cebu City College in Ramos Public Market is ongoing despite the continued operation of some vendors there. This was confirmed by Grace Arinaza, admin aide 3 of Ramos Public Market, via Sugboanon Channel’s program on Wednesday, Feb. 7. The construction of the Cebu City College was already.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024

More Infra Needed as BPO Workers Rises to 1.7 Million Workers by End of 2023

The business process outsourcing in the Philippines employed a total of 1.7 million workers and generated revenues worth at least 35 billion USD at the end of 2023, according to a report. But for the local industry not to get left behind by other countries, stakeholders want continued investment in infrastructure, real estate, reliable internet, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

DOTr needs P12.5 billion to build 200 ports

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

OFW aspirants told: Engage with licensed recruitment agencies only

CEBU CITY, Philippines — The regional director of the Department of Migrant Workers in Central Visayas (DMW-7) warned aspiring Overseas Filipino Workers (OFWs) to engage with only legitimate and licensed recruitment agencies. Lawyer Karl Arriola, DMW-7 director, told CDN Digital that even if he was a lawyer, he still subscribed to the doctors’ advice: Prevention.....»»

Category: newsSource:  inquirerRelated NewsMar 22nd, 2024

Displaced workers receive back wages from Saudi Arabia

Thousands of displaced Filipino construction workers are finally getting their back wages from the government of Saudi Arabia......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

P3.85 million given to NZ-based OFWs – DMW

The government has so far provided P3.85 million in financial assistance to overseas Filipino workers in who lost their jobs in New Zealand after the closure of a construction company, a Department of Migrant Workers (DMW) official said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Lawmaker proposes gradual 3-year wage hike for private workers

A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

Editorial: Respond to transport needs of the public

Editorial: Respond to transport needs of the public.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Editorial: Respond to transport needs of the public

Editorial: Respond to transport needs of the public.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Editorial: Respond to transport needs of the public

Editorial: Respond to transport needs of the public.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Editorial: Respond to transport needs of the public

Editorial: Respond to transport needs of the public.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024