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CNN Philippines tuluyan nang nag-‘shutdown’, nalugi ng mahigit P5-B
MAGSASARA na ang CNN Philippines. Ang malungkot na balita ay opisyal nang inanunsyo ng nasabing free-to-air television network ngayong araw, January 29, sa social media. “CNN Philippines will discontinue operations on all media platforms effective Wednesday, Jan. 31,” sey sa Facebook post. Kasabay niyan ay lubos nilang pinasalamatan ang lahat ng staff, partners, at viewers.....»»
CNN Philippines announces closure due to financial losses
The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»
CNN Philippines shutting down as losses exceed P5B
MANILA —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»
CNN Philippines shutdown rumors circulate amid financial troubles | The wRap
The wRap highlights: CNN Philippines, Kris Aquino, Oppenheimer.....»»
CNN Philippines and its financial troubles
Employees anxiously await an announcement from management as rumors of a shutdown circulate.....»»
Kinuriskuris: Old Landmark
Aldevinco Shopping Center had been one of the most prominent landmarks in downtown Davao City for five decades until it was shutdown in 2021. Today, it is overshadowed by towering condominium buildings. Sketch by Keith Bacongco (Kinuriskuris is the urban sketching page of Mindanawon journalist Keith Bacongco. Kinuriskuris is Hiligaynon word for doodles)......»»
Security Bank earns P2.6 billion in Q1
Security Bank Corp. earned 11 percent more to P2.62 billion in the first three months from P2.36 billion in the same period last year amid the robust growth in the bank’s retail and micro, small, medium enterprise businesses......»»
Banking, power, property drive up FDC profit
Strong contributions from the banking, power and property businesses fueled a double-digit earnings growth for Filinvest Development Corp. in the first quarter......»»
AGI allots P75 billion for 2024 capex
Alliance Global Group Inc. , the holding company of tycoon Andrew Tan, has set aside P75 billion for capital spending this year to support the continuous growth and expansion of its businesses......»»
Tarlac, finally
It took some time, but finally Tarlac may truly be on its way to development as a world-class city that will properly gain international recognition as one of the major cities in the Philippines where international businesses may want to invest in......»»
LTG delivers steady profit
LT Group Inc. of taipan Lucio Tan posted a slight improvement in its profit in the first quarter as strong performances from its banking and beverage units were weighed down by lower earnings contributions from other businesses......»»
Ayala income expands in Q1
Ayala Corp. capped off the first quarter on a high note on the back of continued strong performances of its businesses......»»
Government, private sector urged to unite vs online scammers
A whole-of-society strategy is needed to effectively address the persistent scam attacks victimizing individuals and businesses, according to consumer advocacy group CitizenWatch Philippines......»»
Southeast Asia firms face threat of digital break-in–report
Cybersecurity leader Kaspersky has neutralized more than 61 million brute force attacks against businesses in Southeast Asia, including about five million in the Philippines, warning companies to raise their digital defenses or suffer financial consequences......»»
JG Summit income triples
Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»
DMCI profit shrinks 25% to P5.6 billion in Q1
Earnings of diversified engineering conglomerate DMCI Holdings Inc. fell by a quarter in the first three months as a result of lower contributions from most of its businesses......»»
Global Dominion financed P6.8 billion in 2023
Global Dominion Financing Inc. (Global Dominion) booked P6.8 billion of loans in 2023. This infusion to the Philippine economy mobilized businesses and empowered families to achieve their goals. This growth indicator was highlighted during the company’s 2024 annual stockholders’ meeting, attended by its board of directors, shareholders and senior managers......»»
Philippines seeks ADB support on infrastructure, digitalization
The Philippines is seeking strengthened support from the Asian Development Bank (ADB) for the country’s infrastructure push, both physical and digital, and in improving the capacities of small businesses......»»
Keeping Cool at Work: Effective Solutions for Hot Days
Despite the relentless heat of the summer sun, the wheels of business continue to turn. Yet, the impact of soaring temperatures on both you and your employees cannot be ignored. It’s essential for businesses to address the challenges of intense heat to ensure a comfortable and productive work environment. Here are five practical tips to […].....»»
DOLE monitoring ventilation in workplaces amid heat wave
With the high heat index being experienced this summer and aggravated by the El Niño phenomenon, the regional office of the Department of Labor and Employment (DOLE) is encouraging businesses to allow work-from-home arrangements......»»