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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

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

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

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated 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

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Cebu Daily Newscast: Bamban mayor Alice Guo says she spent just P134,000 in 2022 campaign

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, May 15, 2024. Bamban mayor Alice Guo says she spent just P134,000 in 2022 campaign How far can P134,000 go? For Alice Guo, this was enough to win the mayoralty of Bamban, a.....»»

Category: newsSource:  inquirerRelated NewsMay 15th, 2024

Kadaugan sa Mactan 2024: Over 8,000 locals witness reenactment

CEBU CITY, Philippines – Between 8, 000 to 10, 000 locals gathered at the Liberty Shrine in Brgy. Mactan in Lapu-Lapu City early on Saturday morning to witness this year’s Kadaugan sa Mactan or the reenactment of the historic Battle of Mactan. Police Lieutenant Colonel Gerard Ace Pelare, spokesperson of the Police Regional Office in.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

Mandaue senior citizens allowance to go up by P2K

MANDAUE CITY, Philippines – Registered Mandaue senior citizens will soon receive a P2,000 increase in their yearly financial assistance. Currently, elders in Mandaue City are receiving P8,000 in financial assistance annually. With the increase, their take home incentive will go up to P10,000. Mayor Jonas Cortes on Thursday, April 18, said that this is to.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

MCWD water deficit now affects 50,000 households in Metro Cebu

CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Villar patriarch places 190 in Forbes Top 200 billionaires

Villar ranked 190 out of the 200 billionaires in the world in 2024 with a total net worth of $11.7 billion (P660,125,700,000) coming from $8 billion (P451,376,000,000) in 2023, according to Forbes magazine......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Recall issued for 318,000 vehicles due to potential airbag issues

Stellantis Recalls 318,000 Vehicles Over Air Bag Defect Stellantis, the parent company of Chrysler and Dodge, has announced a recall of 318,000 vehicles due to.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 23rd, 2024

Igsoon ni Ricardo Cepeda nangayo og donasyon para sa iyang kaso

Pinaagi sa iyang gi-sugdan nga “Go Fund Me,” nangayo og donasyon si Robert Go, ang kaluha sa aktor nga si Ricardo Cepeda, alang sa galasto-an sa iyang kaso. Nanghinaot si Robert ug ang pamilya ni Ricardo nga makatigum sila og $30,000 o P150,000.  Sa pagkakaron naa pa lang sa $6,813 o P34,000 ang ilang natigum.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024