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Globe gets P5 billion from sale of towers
Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»
BDO raises record P63 billion from bond offer
BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»
Xi Jinping s governance mistakes look set to continue
Hong Kong, April 23 (ANI): Chairman Xi Jinping ascended the highest throne of the Chinese political hierarchy nearly 14 years ago. His leadership was initially almost faultless from China's point of view, as the nation prospered economically, diplomatically and militarily. However, Xi's style of governance has initiated huge concerns at home and abroad, and his aura of untouchability has been tarnished by a confluence of.....»»
2 Quran readers killed in Cotabato highway accident
Two male Islamic theology students on their way home from a Ramadhan Quran reading activity died instantly when their motorcycle hit the rear of an idle dump truck in Barangay Takepan in Pikit, Cotabato at almost midnight Thursday......»»
Pacio eyes simultaneous weight classes
Days after being thrown onto the mat head first, almost being rendered senseless and winning a third ONE strawweight world title in Qatar, Joshua Pacio is back in his bailiwick of Benguet and dreaming even bigger. He prayed to not spend any time in the hospital, where he would’ve gone, stir crazy. He just wanted to go home......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Pag-IBIG releases P28 billion in home loans
The Home Development Mutual Fund, commonly known as Pag-IBIG, released a record P28 billion in housing loans in the first quarter for nearly 20,000 members......»»
Remittances ease to $3 billion in November
Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»
PLDT rings in P9.8 B profit in Q1, up by 9%
PLDT, the country’s largest telco, is adjusting well to the shrinking market for broadband products and spiraling cost of goods and services as it generated earnings of almost P10 billion in the first quarter of the year......»»
Megaworld’s Mactan Expo Center Set to be Completed in 2025, Ready for Big International Summits
Taking pride as the country’s largest hotel developer and operator today, property giant Megaworld has started the construction of the P1.5-billion Mactan Expo Center, which is scheduled for completion by next year. This modern state-of-the-art convention facility, which has a seating capacity of almost 3,000 for theater-style set-up, will be Cebu’s first and only standalone […].....»»
State firms get higher subsidies
The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»
Inconvenient
Two years ago, the Paris-based International Arbitration Tribunal awarded almost $15 billion in restitution to the heirs of the Sultanate of Sulu. The Sultanate had filed a suit against Malaysia for breaches relating to the lease of Sabah......»»
Comelec signs P17.99B contract with Miru for automated 2025 polls
MANILA, Philippines — An almost P18-billion contract was signed on Monday between the Commission on Elections (Comelec) and the South Korean firm Miru Systems Co. Ltd. (Miru Systems) for the lease of an automated election system to be used in the 2025 midterm elections. Miru Systems was the sole bidder for the lease of a.....»»
Pacers win at home, extend series vs Knicks
The Indiana Pacers produced another big win on their home court Friday, routing the New York Knicks 116-103 to force a decisive Game 7 in their NBA Eastern Conference semifinal series......»»
Mendoza: Denver’s 2nd home for MVP Jokic
Mendoza: Denver’s 2nd home for MVP Jokic.....»»