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Upson International FY23 profit: P464-M (down 13.7%)
Upson International, the IT retailer primarily operating through the Octagon retail brand, teased its FY23 financial results headlined by a 13.7% dip in net income to P464 million......»»
Upson income drops despite record revenue
Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»
ACEN FY23 profit: P7.4-B (down 43%)
ACEN, the Zobel Family’s renewable energy holding company, posted an FY23 net income of P7.4 billion, which was 43% lower than the P8.6 billion it made in FY22......»»
Robinsons Retail FY23 profit down 27.7% to P4.65-B
Robinsons Retail released guidance on its FY23 full-year results that showed a 27.7% drop in net income to P4.65 billion (from P6.44 billion)......»»
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......»»
Nest Workspaces down Xchange for 2nd straight win in Shaabaa
Nest Workspaces down Xchange for 2nd straight win in Shaabaa.....»»
Facebook shuts down accounts involved in selling babies
Social media platform Facebook has shut down 12 accounts found involved in peddling babies in the guise of adoption, Social Welfare Secretary Rex Gatchalian said yesterday......»»
AgriNurture Q1 net loss: P28-M (down 1381%)
AgriNurture reported a Q1/24 net loss attributable of P27.8 million, down 1381% from its Q1/23 net income attributable of P2.2 million, and up 83% from its Q4/23 net loss of attributable of P161.6 million......»»
DoF Secretary: Rates to come down maybe 150 bps in the next two years
Department of Finance Secretary Ralph Recto (link) said that he doesn’t “expect interest rates to go any higher”, and that “they will start to go down, maybe 150 bps in the next two years”......»»
Capitol OKs cutting down Poro’s trees but…
CEBU CITY, Philippines — Despite calls from concerned residents and a parish church, the Cebu Provincial Government has given the go-signal to cut down trees that stood in the way for its road widening project in Poro, Camotes Island. However, instead of the initially estimated 700 trees, the provincial government and the assigned contractor have.....»»
Cordova cracks down on karaoke noise with new ordinance
Cordova cracks down on karaoke noise with new ordinance.....»»
17 biz firms closed down for operating without permits
17 biz firms closed down for operating without permits.....»»
PNP shuts down online gun transactions
The Philippine National Police has shut down gun-related online transactions due to a data breach attempt in the system of the Firearms and Explosives Office......»»
Peso slide pulls down market
The peso’s slide pulled down share prices yesterday following a strong opening at the start of the week......»»
3rd LD Writethru: Philippine Senate President Zubiri steps down, Escudero sworn in
MANILA, May 20 (Xinhua) -- Philippine Senate President Juan Miguel Zubiri Monday confirmed that he is stepping down. Francis Escudero was sworn in as the new chief of the legislative body. Senator Juan Edgardo Angara told reporters that 15 out of 24 senators voted to oust Zubiri from the post. "My heart is broken," Zubiri said in a speech at the plenary session. "Today I offer my resignation as Senate pre.....»»
Drop in Angat water level slowing down
The drop in the water elevation in Angat Dam is slowing down again due to heavy downpours that occurred over Metro Manila and nearby areas in the past two days, the Metropolitan Waterworks and Sewerage System said yesterday......»»
2nd LD Writethru: Philippine Senate President Zubiri steps down
MANILA, May 20 (Xinhua) -- Philippine Senate President Juan Miguel Zubiri Monday confirmed that he is stepping down. Senator Juan Edgardo Angara told reporters that 15 out of 24 senators voted to oust Zubiri from the post. "My heart is broken," Zubiri said in a speech at the plenary session. "Today I offer my resignation as Senate president of the Republic of the Philippines," he added. "I did my b.....»»
Zubiri to step down as Senate President
Zubiri to step down as Senate President.....»»
DOH: Dengue cases down nationwide
The DOH reported that cases decreased to 5,211 between April 7 and April 20, down from 5,380 between March 24 and April 6. .....»»
‘Save Poro’s trees’: Parish church widens calls vs tree-cutting
CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»