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PAL prospers post-pandemic, triples profit

Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Cebu Pacific books P8 billion profit in 2023

Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

JG Summit core profit soars in 2023

Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Ayala Corp profit hits record high in 2023

Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

RLC posts record P12.1 billion profit in 2023

Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

PLDT back on growth track, doubles profit to P26.61 billion

Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

DMCI Holdings posts 20% profit drop in 2023

Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

MIAA doubles profit in 2023

The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Market succumbs to profit-taking anew

The stock market succumbed to another round of profit-taking, slumping for the second straight session......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Wider margins, lower loan provisions boost PNB profit

Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Market tumbles below 6,800 amid profit taking

The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Filipinos are Good at Being 'Resilient': Lifting the Philippines out of Poverty with Sam Tamayo s non-profit Project SMILE

Sabrina (Sam) Tamayo founded her non-profit, Project SMILE, in the Philippines in 2018. Her organization helps people of various ages and professions rise out of poverty and follows an inspiring mantra of starting small and building a reliable impact. In this interview she discusses human rights, the UN's Sustainable Development Goals, and various aspects of life in the Philippines......»»

Category: newsSource:  manilanewsRelated NewsJan 21st, 2024

Filipinos are Good at Being 'Resilient': Lifting the Philippines out of Poverty with Sam Tamayo s non-profit Project SMILE

Sabrina (Sam) Tamayo founded her non-profit, Project SMILE, in the Philippines in 2018. Her organization helps people of various ages and professions rise out of poverty and follows an inspiring mantra of starting small and building a reliable impact. In this interview she discusses human rights, the UN's Sustainable Development Goals, and various aspects of life in the Philippines......»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

Manila accuses Beijing of dangerous manoeuvres in South China Sea - South China Sea

Philippines says vessels were damaged and four people injured after Chinese boats caused two collisions The Philippines has accused China of dangerous manoeuvres in the disputed South China Sea that damaged its vessels and left four Filipinos with minor injuries, warning such action had put lives at risk. The Philippines said Chinese coastguard and maritime militia vessels had caused two collisions, which led to superfici.....»»

Category: newsSource:  manilanewsRelated NewsApr 27th, 2024

Warning on Chinese rocket debris out anew

The Philippine Space Agency has issued another debris alert after China launched a rocket yesterday......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

PDEA warns vs. proliferation of Marijuana-flavored vapes

MANILA, Philippines — The Philippine Drug Enforcement Agency (PDEA) has cautioned the public on the proliferation of electronic cigarettes or vape containing marijuana oil. It issued the warning after monitoring an upsurge in the product’s presence nationwide during its recent anti-illegal drugs operations. PDEA also said the item is illegal and it poses health risks......»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

Hamas appears to show dead bodies of 2 hostages after warning Israel

A new video released by Hamas purportedly showes the bodies of Yossi Sharabi and Itai Svirsky, who had appeared in an initial video on January 14.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

Martin Nievera muntik mag-suicide nang maghiwalay sila ni Pops Fernandez

TRIGGER warning: Maaaring sensitibo ito sa ibang makakabasa, lalo na’t may banggit ng suicide sa balitang ito. MATINDI ang naging rebelasyon ng OPM balladeer na si Martin Nievera sa kanyang recent interview with Aster Amoyo. Pagbubunyag niya, dalawang beses siyang muntikan nang mag-suicide. Ang una raw ay dahil sa paghihiwalay ng kanyang mga magulang noong.....»»

Category: newsSource:  inquirerRelated NewsMay 31st, 2024

1st vape-related death in PH recorded; DOH, PGH raise warning

As the first vape-related death was recored in the country, doctors and health advocates are calling on parents and the government to save the youth from the dangers of electronic cigarettes. They also noted that more and more young people have been found using vaping products. As the country takes part in the observance of.....»»

Category: newsSource:  inquirerRelated NewsMay 31st, 2024

BI chief warns OFWs vs. buying docs from social media

Aspiring overseas Filipino workers (OFWs) were cautioned not to buy documents off social media platforms and messaging apps as these are usually fake. The warning came from Bureau of Immigration (BI) Commissioner Norman Tansingco, who said that the bueau recently interceptied Filipina victims who presented fake Overseas Employment Certificate (OEC) bought from WhatsApp and Facebook. […].....»»

Category: newsSource:  journalRelated NewsMay 29th, 2024