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Xurpas profit plunges 61% to P103M

XURPAS, INC. posted a 61% drop in net income in 2017, amid record revenues that breached the P2-billion mark in the same period. In a regulatory filing, the listed technology firm said it booked a net income of P102.57 million last year, falling from the P264.84 million recorded in 2016. The decline in earnings was […] The post Xurpas profit plunges 61% to P103M appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineApr 16th, 2018

SFA Semicon Philippines net income plunges in 2017

SFA SEMICON Philippines Corp. (SSPC) reported its net income plunged by 71% to $1.83 million in 2017, amid stiff competition and higher costs. In a statement, the local arm of one of Samsung Electronics Co. Ltd.’s South Korean suppliers said its profit was hurt by a 29% jump in cost of sales to $201.07 million. […] The post SFA Semicon Philippines net income plunges in 2017 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 15th, 2018

PLDT profit plunges on ‘big one-time hit’

Lower revenues and a continued modernization effort saw Pangilinan led-PLDT, Inc.’s 2017 net income plunge by 33 percent to P13.4 billion. In a disclosure on Thursday, the telco said the net income drop — from P20.16 billion in 2016 — was “mainly due to non-core capex-related expenses of P16.7 billion in connection with our transformation [...] The post PLDT profit plunges on ‘big one-time hit’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 8th, 2018

Index plunges on massive profit taking

MANILA, Philippines - The local stock market kicked off the week on a sour note behind a massive profit taking......»»

Category: financeSource:  philstarRelated NewsNov 22nd, 2016

Profit plunges for Malaysia's Petronas on low oil prices

Profit plunges for Malaysia's Petronas on low oil prices.....»»

Category: newsSource:  rapplerRelated NewsAug 23rd, 2016

Xurpas profit grows 15% in H1

Listed technology firm.....»»

Category: financeSource:  philstarRelated NewsAug 13th, 2016

Innity Corporation appoints new Country Manager for PH

Zosa has been entrusted with managing the business operations of Innity Philippines Inc. He is responsible for overseeing profit, revenue, cash, and quality targets, as well as developing and imple.....»»

Category: newsSource:  philippinetimesRelated NewsSep 19th, 2018

Telus Int’l PH now accepts grant applications

TELUS International Philippines (TIP) announced that it is still accepting funding applications from non-profit and charitable organizations through the company’s community board. This program is in line with the organization’s commitment, “We give where we live.” The TIP community board is a grant-giving body that looks for worthy-causes and innovative ideas to aid communities with… link: Telus Int’l PH now accepts grant applications.....»»

Category: newsSource:  manilainformerRelated NewsSep 16th, 2018

PT& T sees return to profitability this year with broadband business

Philippine Telegraph & Telephone Corp. (PT&T) expects to post a profit in 2018 on the back of steady growth from its fixed broadband business. In its 2017 annual report, the company said it.....»»

Category: newsSource:  philippinetimesRelated NewsSep 15th, 2018

Asia Inc. Q2 profits grow at slowest pace in nearly 2 years

ASIAN companies posted their lowest profit growth in nearly two years in the June quarter and earnings are likely to come under further pressure, weighed down by the escalating US-China trade war and high currency volatility, Reuters analyses showed. The post Asia Inc. Q2 profits grow at slowest pace in nearly 2 years appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 13th, 2018

Jeepney plunges into Kalinga ravine; 14 dead

Fourteen persons, 13 of them senior citizens, were killed and 25 others were injured when an overloaded jeepney plunged into a ravine 80 meters deep in Balbalan town in Kalinga on Tuesday......»»

Category: newsSource:  philstarRelated NewsSep 12th, 2018

The Ocean Cleanup project sails out to sweep Pacific plastic

SAN FRANCISCO, USA – A supply ship towing a long floating boom designed to corral ocean plastic has set sail from San Francisco for a test run ahead of a trip to the Great Pacific Garbage Patch. The ambitious project by The Ocean Cleanup, a Dutch non-profit group, hopes to ........»»

Category: newsSource:  rapplerRelated NewsSep 11th, 2018

50 dead as Indian bus plunges into valley

NEW DELHI, India – Fifty people died when a bus carrying Hindu pilgrims plunged into a valley in southern India on Tuesday, one of the deadliest accidents on the country's notorious roads in recent years. Road crashes in India claim the lives of more than 150,000 people each year. Most accidents are ........»»

Category: newsSource:  rapplerRelated NewsSep 11th, 2018

DOTr, LTFRB: Angkas colorum, unsafe, just after profit

MANILA, Philippines – Government regulators expressed dismay over a court order allowing motorcycle ride-hailing company Angkas to operate, insisting it is "colorum" or illegal, unsafe, and allegedly just after profit. The Mandaluyong City Regional Trial Court has granted Angkas a preliminary injunction , which means it can resume operations pending a final ruling on ........»»

Category: newsSource:  rapplerRelated NewsSep 6th, 2018

DOTr, LTFRB laments court decision to allow Angkas to resume operations

The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) expressed sadness over the decision of the Mandaluyong City Regional Trial Court to allow motorcycle ride-haling company Angkas to resume its operations. In a joint statement on Thursday, the DOTr and LTFRB described Angkas as "colorum" vehicles interested only in making a profit and not the safety of its passengers. "Our position is that motorcycles registered in the service are not authorized to conduct business and offer public transport under Republic Act 4136. For them to be allowed, the law has to be amended by Congress," the DOTr and LTFRB said. "If Angkas is to co...Keep on reading: DOTr, LTFRB laments court decision to allow Angkas to resume operations.....»»

Category: newsSource:  inquirerRelated NewsSep 6th, 2018

Business confidence plunges in BSP survey

BUSINESS sentiment plunged in the third quarter, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday, with consumer prices, seasonality, weak local currency and competition said to have dampened optimism. Results of the central bank’s latest Business Expectations Survey put the third quarter confidence index (CI) — computed as the percentage of companies that answered in the [...] The post Business confidence plunges in BSP survey appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 6th, 2018

Three Filipinos named among Asia Society’s 21 rising young leaders

NEW YORK -- Three young Filipinos have been named among Asia Society's Asia 21 Young Leaders Class of 2018 and will join other accomplished professionals from the Asia Pacific region for the 13th Annual Young Leaders Summit in Manila. Jam Acuzarisfounder and director of Bellas Artes Projects, a non-profit arts foundation based in the Philippines. She develops and oversees the foundation's artist residency program, community projects, and exhibitions in Manila and Bataan. Acuzar also leads Bellas Artes Outpost, a non-collecting, non-commercial exhibition spaceopened in 2016that invites the public to engage with art, architecture, and other creative fields through its programming...Keep on reading: Three Filipinos named among Asia Society’s 21 rising young leaders.....»»

Category: newsSource:  inquirerRelated NewsSep 5th, 2018

Three Filipinos named among Asia Society’s 21 rising young leaders

NEW YORK — Three young Filipinos have been named among Asia Society’s Asia 21 Young Leaders Class of 2018 and will join other accomplished professionals from the Asia Pacific region for the 13th Annual Young Leaders Summit in Manila. Jam Acuzarisfounder and director of Bellas Artes Projects, a non-profit arts foundation based in the Philippines.… link: Three Filipinos named among Asia Society’s 21 rising young leaders.....»»

Category: newsSource:  manilainformerRelated NewsSep 5th, 2018

2 dead after pick-up truck plunges into ravine in Mt. Province

MOUNTAIN PROVINCE, Philippines – A Mazda pick-up plunged into a deep ravine along the highway near Poblacion, Mt. Province at around 5:45 pm on Tuesday, September 4. According to a text message by Sadanga Mayor Joe Limmayog, driver Charlie Domao-il and passenger Johnson Faroden were both killed. Two other passengers – Faustino ........»»

Category: newsSource:  rapplerRelated NewsSep 4th, 2018

In Focus: Watch Out For The Tony Award-Winning Play 'M. BUTTERFLY' This September

This re-staging of the intriguing story of Madame Butterfly is 100% non-profit!.....»»

Category: lifestyleSource:  abscbnRelated NewsSep 4th, 2018

PSEi slips on profit-taking ahead of inflation data

LOCAL EQUITIES slumped on the first trading day of September as investors awaited the release of August inflation data, which is expected to clock in another fresh high. The post PSEi slips on profit-taking ahead of inflation data appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 3rd, 2018