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DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Meralco expects lower power rates for April

Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

Meralco expects lower power rates for April

Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

DigiPlus hopes to grow user base by 25% to 50% in FY24

DigiPlus President Andy Tsui guided that PLUS hopes to capture 50% of the P60 billion in gross gaming revenue growth that PAGCOR expects for FY24, and that it is looking to increase its active user base by 25% to 50% to achieve this goal......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

PCCI cites economic benefits from Philippines-EU FTA

The country’s largest business organization welcomed the announcement of the resumption of the free trade agreement negotiations between the Philippines and the European Union as it expects the deal to bring economic benefits for both parties......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Resumption of FTA talks seen to spur higher EU investments

The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

PSALM expects P100 billion from CBK privatization

The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Del Monte swings to net loss in 9 months

Del Monte Pacific Ltd. expects to finish its fiscal year 2024 in the red as the company slipped to a net loss in the nine months ending January......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

DM Wenceslao posts strong 2023 results

Integrated property developer D.M.Wenceslao and Associates Inc. expects sustained growth this year after capping off 2023 with strong financial performance......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

LRT-2 operator expects higher revenue this year

The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Nickel Asia sees better ore output, slashes capex

Nickel Asia Corp expects better ore output this year, driven by the start of two new mine operations and the possible increase in global nickel prices......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

San Miguel income soars to P44.7 billion in 2023

Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

SM Prime expects to raise P25 billion from bond issue

Sy-led integrated property developer SM Prime Holdings Inc. is gearing up to raise as much as P25 billion from a proposed bond offering to fuel its expansion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Digital bank Maya expects to break even in 2024

PLDT chairman and CEO Manny Pangilinan says they are 'quite pleased' with Maya's performance in the first two months of the year.....»»

Category: newsSource:  rapplerRelated NewsMar 11th, 2024

D& L sees earnings recovery this year

D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

T-bill rates rise on inflation recoil

The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

BSP: February inflation expected to settle within gov t target

The Bangko Sentral ng Pilipinas expects that the inflation rate for February 2024 in the country will fall within the range of 2.8% to 3.6%......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

How young Filipinos see their future

This semester, I’m teaching an undergraduate class in UP called “Professional Writing,” a course I designed more than 20 years ago to help English and Creative Writing majors (and other seniors in search of interesting electives) get a handle on what the “real world” out there expects of them, in the kind of everyday jobs they’re likely to land. Not Shakespeare, not Jose Garcia Villa, not lyric poetry and neither the full-length play, but rather the more mundane assignments you get paid a salary for: business letters, press releases, feature articles, AVP scripts, brochures and speeches......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

Palarong Pambansa 2024: Cebu City allocates P205M for games

CEBU CITY, Philippines – The Cebu City government has allocated a budget of P205 million for its hosting of the Palarong Pambansa 2024 this July. However, the amount is still subject to deliberation and approval by the city council. READ: DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa Previously, during the signing of the.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024

CebuPac receives 1st plane delivery for 2024

Low-cost carrier Cebu Pacific is kicking off the year with the addition of a new aircraft, the first of 17 deliveries that it expects for this year in line with efforts to expand its fleet......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024