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EDITORIAL - Foreign trade barriers
Instead of declaring war on pollster Pulse Asia over its latest survey showing 88 percent of Filipinos opposing Charter change, congressmen can read the report of the office of the US Trade Representative, which details foreign trade barriers in 59 markets including the Philippines......»»
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......»»
Apollo Global Q1 net loss: P7.9-M (up 32%)
Apollo Global Capital posted a Q1 net loss of P7.9 million, which was actually 32% better than its Q1/23 net loss of P11.5 million......»»
Semirara Q1 profit: P6.5-B (down 28%)
Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»
DITO FY23 net loss: P8.1-B (30% improvement)
DITO CME posted a FY23 net loss attributable of P8.1 billion, which is a 30% improvement over its FY22 net loss attributable of P13.8 billion......»»
Philippines foreign investments yield net outflows in March
MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»
FACT CHECK: Did this vlog correctly state BBM’s net worth?
The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»
Philippines FDI net inflows decline 6.6 pct in 2023
MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»
Philippines FDI net inflows decline 6.6 pct in 2023
MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)
Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»
Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
BSP execs still highest paid in government – COA
Executives of the Bangko Sentral ng Pilipinas have dominated anew the Commission on Audit (COA)’s annual list of highest paid government officials, with BSP Governor Eli Remolona Jr. topping the list with a net pay of P35.48 million last year......»»
Grey list
Grey is just a shade lighter than black. Being on the grey list is just one grade better than being on the black list. Not too many shades there......»»
Philippines remains on FATF gray list
The Philippines failed anew to exit the gray list or list of jurisdictions under increased monitoring after falling short in addressing the remaining concerns on its anti-money laundering and counter-terrorist financing regime, according to global dirty money watchdog Financial Action Task Force......»»
LIST: 21 medicines added to VAT-exempt list
The Bureau of Internal Revenue has expanded its list of medicines which are exempt from the value added tax......»»
FPRRD to deal with ICC probe, won’t seek help from PBBM
FORMER President Rodrigo Duterte will be dealing with the International Criminal Court’s (ICC) probe regarding his administration's war on drugs, and won't seek any help from his successor, President Ferdinand "Bongbong" Marcos Jr......»»
Al-ag proposes to repeal ordinance requiring delivery riders biz permits
Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»