Advertisements


We are sorry, the requested page does not exist




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......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

BDO profit climbs to P18.5 billion in Q1

The net income of BDO Unibank Inc. rose by 12.2 percent to P18.5 billion in the first quarter from P16.5 billion in the same period last year on the back of sustained growth across its core businesses......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Apex Mining profit grows 2% to P3.4 billion

Razon-led Apex Mining Co. Inc. grew its net income by two percent to P3.41 billion in 2023 from P3.34 billion in 2022 on the back of higher revenue brought about by better metal prices......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Shell Pilipinas profit tumbles to P1.2 billion in 2023

The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Jollibee FY23 profit: P8.8-B (up 16%)

Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

EastWest Bank profit hits P6.1 billion

Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Mining groups launch video documentary

Various mining groups have launched an award-potential documentary to reinforce public awareness of responsible mining practices in the Philippines......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Kapitolyo mipahunong sa dolomite mining sa Alcoy

Kapitolyo mipahunong sa dolomite mining sa Alcoy.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Central Visayas mining companies collect 3,000 kilos of trash on Earth Day

Central Visayas mining companies collect 3,000 kilos of trash on Earth Day.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

Indigenous people criticize business as usual mining practices

BRASILIA, Brazil - Indigenous representatives from 35 countries issued a declaration Thursday criticizing the fact that they are too rarely consulted about mining that takes place on or near their lands, an issue that has become more acute with increased demand for minerals needed in the transition to a cleaner energy system.'We recognize and support the need to end fossil fuel reliance and shift to renewable en.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

Philippines rescuers find girl alive 60 hours after landslide - Philippines

Three-year-old has given fresh hope of finding more survivors in a gold-mining village where death toll has climbed to 27 The rescue of a child nearly 60 hours after a landslide hit a gold-mining village in the southern Philippines has been hailed as a miracle after searchers had given up hope of finding more survivors. The girl, who the Philippine Red Cross said was three years old, had been among scores of people missin.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

DENR: Review of mining rules underway

The DENR said it welcomes the calls of Sen. Risa Hontiveros to conduct an investigation into the environmental and social impacts of mining and quarrying, and to address the shortcomings in policies related to extraction of natural resources. .....»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

3 dead, 7 missing in Toledo City mining pit collapse

TOLEDO CITY, Cebu — Three individuals were confirmed dead while seven others have remained missing following a landslide at the mining pit of the Carmen Copper Corporation in Toledo City in midwestern Cebu on Monday afternoon. Personnel of the City Disaster Risk Reduction and Management Office (CDRRMO) have been conducting search and rescue operations since […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Government to issue guidelines for faster mining permits

The government is expected to issue the guidelines for streamlining the processing of mining permits within the year......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

DENR, mining firm ink accord to rehabilitate Agusan Sur riverbank

BUNAWAN, Agusan del Sur (MindaNews / 8 March) – The Department of Environment and Natural Resources (DENR) and the Philsaga Mining Corp. (PMC) have agreed to rehabilitate a riverbank to provide easier access to the globally acclaimed Agusan Marsh Wildlife Sanctuary (AMWS) located in Lake Panlabuhan, Loreto town in Agusan del Sur. They signed on […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

‘Mining should be part of government priority projects’

The government should include mining in its investment priority projects and extend more fiscal incentives to further attract investments in the sector, according to the Chamber of Mines of the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

‘Suspend all mining ops’: Groups demanding accountability for Masara landslide

SEVERAL progressive groups gathered at Roxas Avenue in Davao City on February 20, 2024, aiming to hold a prominent mining company accountable for a significant landslide incident in Masara, Municipality of Maco, Davao de Oro......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024