‘Philippines elevating to upper-middle income status next year’
The Philippines remains on track to become an upper-middle income economy in 2025, even as the government trimmed its economic growth target for this year, according to the National Economic and Development Authority......»»
Sarah Lahbati sa ilang relationship status ni Richard Gutierrez: ‘We’re okay’
Mitingog na si Sarah Lahbati sa issue nga may kalabutan sa ilang relationship status sa iyang bana nga si Richard Gutierrez og siya nagkanayon nga okay ra kuno sila. Sigon niya nga sa pagkakaron, gusto una siya nga mo-focus sa iyang kaugalingon. Sa iyang interview sa Cosmopolitan PH, gipangutana si Sarah mahitungod sa ilang sitwasyon.....»»
The road to transformational growth
Leading think tanks, analysts and multilateral agencies have recently forecasted that the Philippines will be a high-middle-income country within this decade and the 18th-largest economy in the world by 2050......»»
Strong Residential Sales, Mall and Hotel Revenues Boost Megaworld’s Q1 Profit
Property giant Megaworld, the country’s leading township developer, saw its net income climb to P5.0-billion during the first quarter of 2024, a significant 10% increase from the same period last year. Net income attributable to shareholders of the parent company stood at P4.4-billion, marking an 8% growth year- on-year. Consolidated revenues grew by 16% to […].....»»
Interview: ISU chief hails next generation stars rising at Gangwon 2024
GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»
Exporting our people
Exporting people has become a major industry for low- and middle-income countries. According to the World Bank, the amount of money sent home by migrant workers surged to an expected $794 billion in 2022......»»
Not in aid for election
The well-intentioned ayuda of the government that targets to tide over inflation-impacted middle income families will remain under a cloud of uncertainty without an enabling law. In particular, this will be the fate of the P26.7-billion Ayuda para sa Kapos ang Kita Program that has become the bone of contention of lawmakers feuding over alleged use of the newest ayuda program of the government to push Charter change......»»
Manila Water core income up 3-fourths to P9.6 billion
said its core income in 2023 expanded by three-fourths year-on-year to P9.6 billion on the back of higher consumer demand driven by better economic conditions......»»
SSS net income soars to all-time high of P83B in 2023
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»
Landbank income exceeds P40 billion mark
State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»
‘Policewoman’ nabbed, charged for unauthorized use of PNP uniform, ID
MANDAUE CITY, Philippines – A 44-year-old woman was arrested Tuesday night, February 27, for the unauthorized use of the athletic uniform of the Philippine National Police (PNP). Myrlin Plandes Beard, a resident of BSP Camp Upper Banica, in Brgy. Lahug, Cebu City, was arrested at a police checkpoint along Zuellig St. in Barangay Subangdaku at.....»»
Quizon nears Grandmaster status
The long wait for the Philippines’ next chess Grandmaster could be over soon......»»
Philippines says it can overtake Singapore next year as Asia s No. 2 casino hub
Philippines says it can overtake Singapore next year as Asia's No. 2 casino hub The Star Online.....»»
DTI wants FTA with South Korea ratified by mid-year
The Department of Trade and Industry wants the free trade agreement between the Philippines and South Korea to be ratified by the middle of this year......»»
Shell Pilipinas net income jumps to P1.4 billion in Q1
Shell Pilipinas Corp. reported a net income of P1.4 billion in the first quarter, reversing the P310.2-million net loss booked in the same quarter last year......»»
UnionBank income plummets in Q1
Union Bank of the Philippines booked a net income of P2 billion in the first quarter, down by 41.2 percent from the same period a year ago, as the bank continued to allocate resources toward its takeover of the retail banking business of global banking giant Citi in the Philippines......»»
Meralco powers core income higher by 11 percent to P10.1 billion in Q1
Pangilinan-led power firm Manila Electric Co. reported a consolidated core net income of P10.1 billion in the first quarter, up by 11 percent from P9 billion in the same period last year......»»
Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth
For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»
Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023
Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»
‘Invest to generate passive income’
Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»
First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»