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CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»
Quiboloy camp surrenders 5 guns
The camp of fugitive Kingdom of Jesus Christ founder Apollo Quiboloy has surrendered five of the 19 firearms registered under his name......»»
Carpio: Duterte surrenders PH’s Ayungin rights in China agreement
MANILA, Philippines – Former President Rodrigo Duterte gave up the Philippines’ ownership of Ayungin Shoal under the guise of a “gentlemen’s agreement” with China, former Supreme Court Justice Antonio Carpio has revealed. The “gentlemen’s agreement” governs Manila’s maintenance and repair of the BRP Sierra Madre, a Philippine Navy vessel grounded in the disputed area. READ:.....»»
RCBC surrenders trust license
Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
Abu Sayyaf bandit surrenders
An Abu Sayyaf bandit based in Sulu surrendered to the Zamboanga peninsula regional police intelligence unit headquarters in this city on Friday......»»
Military hubris at play in envi activists’ case
To recall, the two activists, Jhed Tamano and Jonila Castro, both in their early 20s, were kidnapped and held in secret custody for 17 days in September last year. Presented at a press conference purportedly to announce that they had surrendered, the two instead accused the military of abducting them. Taken by surprise, the authorities were shocked into releasing them pronto. The post Military hubris at play in envi activists’ case appeared first on Bulatlat......»»
Lapu-Lapu City drowning: 5-year-old drowned by own half brother
LAPU-LAPU CITY, Cebu — A 5-year-old boy died after he was allegedly drowned by his own half-brother while they were swimming in the seawaters of Sitio Lawis, Brgy. Suba-Basbas in Lapu-Lapu City on Friday, May 10, 2024, at around 9 a.m., police said. Before drowning his stepbrother, the 14-year-old suspect allegedly hit the head of.....»»
Cebu Daily Newscast: 16-year-old girl killed, 2 other minors injured in Liloan shooting
Listen to Cebu Daily Newscast to know the latest news in and around Cebu. Here are the latest stories as of Thursday, May 9. 16-year-old girl killed, 2 other minors injured in Liloan shooting A 16-year-old girl was killed, and two other minors were injured during a shooting in Barangay Yati in Liloan town on.....»»
Man, 4-year-old daughter shot dead in Abra
A 44-year-old man and his four-year-old daughter were gunned down in Sitio Quemmel, Barangay Lubluba in Dolores, Abra on Wednesday night......»»
2 children dead in Philippine fire
MANILA, April 19 (Xinhua) -- Philippine police reported Friday that two children died in a fire after they were trapped inside their hut in Cavite province, south of Manila. Police said the fire gutted the siblings, the four-year-old girl and her three-year-old brother, around 3 p.m. local time Thursday. The children's 22-year-old mother told investigators that she left the siblings in the house to gather.....»»
Man from Barili nabbed for ‘raping’ 5-year-old stepdaughter
CEBU CITY, Philippines – A 31-year-old man from Barili town in southwestern Cebu has admitted to raping his 5 year-old stepdaughter on Monday after he reportedly heard someone whisper in his ears, telling him to sexually abuse the girl. The suspect told Barili police that he was sorry for what he did. Police Staff Sergeant.....»»
Mother nabbed for ‘sexually exploiting’ 8-year-old daughter online
CEBU CITY, Philippines – A 31-year-old mother from Cebu City will be spending some time in jail after she was nabbed for allegedly peddling her 8-year-old daughter by offering the child’s explicit photos and videos to foreign customers online. The suspect (name withheld) was tagged as a high-volume producer and seller of child pornography. The.....»»
Striegl eyes payback vs Alitao in Kombat Sports Kalayaan MMA festival
Filipino mixed martial arts star Mark Striegl will be gunning for revenge against Brazilian jiu-jitsu fighter Paige Alitao, who defeated teammate Troy Legaspi last year......»»
Philippines, US air forces back together for Cope Thunder
The Philippine Air Force and the US Pacific Air Force are set to embark on joint exercises – involving their advanced fighter jets – from April 8 to 19 for this year’s iteration of Cope Thunder, an annual air defense and offense training event to be held in Luzon......»»
Philippines FDI net inflows grow by 29.3 pct in February
MANILA, May 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 29.3 percent in February to reach 1.4 billion U.S. dollars, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) attributed the surge in FDI inflows in February to the 927.3 percent expansion in nonresidents' net investments in equity capital, excluding reinvestment of earning.....»»
Alliance Global Posts Record-Breaking P30-B Net Income in 2023
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, achieved a record-breaking net income of P30.3 billion, up 20% year-on-year despite higher inflation, which pushed overall costs and expenses up during the period. Attributable net profit stood at a new high of P19.6 billion, reflecting a 21% increase from the […].....»»
Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»