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ICT FY23 net income down 17% to US $511-M
International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»
MerryMart increases 2030 VISION annual sales target 25% to P150-B
MerryMart, the grocery and consumer products chain founded by Injap Sia, said in a press release that it has updated its 2030 VISION goal from P120 billion in annual consolidated systemwide sales revenue to P150 billion......»»
On wage increases and the long game
This week will see the continued deliberations in the House about the P100 wage increase that was recently given the Senate’s approval......»»
Employers back staggered wage hike
The umbrella organization of employers in the country believes it is best to leave decisions on wage increases, which have historically been implemented on a staggered basis, to the regional wage boards......»»
Fatalities in Mabinay road accident rise to 15
CEBU CITY, Philippines – Another victim of the tragic road accident in Mabinay town in Negros Oriental has died. This increases to 15 the total number of fatalities in the Wednesday afternoon road accident, according to Lieutenant Stephen Polinar, spokesperson of the Negros Oriental Police Provincial Office (NOPPO). ALSO READ: 14 killed, 3 injured in.....»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
Government to address price hikes – NEDA
The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»
San Miguel’s group wins bid for NAIA. What’s next?
Expected improvements, possible fee increases, and other issues that may stand in the way?.....»»
‘Offer good while supplies last’
Filipinos have been so distracted by the Zarzuela de Batasan that many have not had a chance to reflect on or consider what the latest series of fuel price increases will do to them......»»
Inflation eases to 2.8 percent in January
Driven mainly by the slower increases in food prices, inflation eased further to 2.8 percent in January, according to the Philippine Statistics Authority......»»
Wholesale price growth slowed in 2023
Growth in bulk prices of goods in the country eased last year as food and three other commodity groups posted slower price increases, according to the Philippine Statistics Authority......»»
Pump prices expected to increase next week
Pump prices are set for another round of increases next week......»»
Self-rated poverty dips, but hunger increases – poll
Although self-rated poverty slightly went down in the fourth quarter of 2023, a recent survey conducted by OCTA Research showed more Filipinos experiencing hunger......»»
Israel sees decrease in foreign trade in 2023
Tel Aviv [Israel], January 23 (ANI/TPS): Israel's Central Bureau of Statistics (CBS) reported on Israel's foreign trade in 2023 as compared to 2022. The countries to which exports of goods (excluding diamonds) from Israel had the largest increases in 2023 were Morocco, Egypt, Hungary, Romania, Uruguay, Lithuania, Hong Kong and Poland. In contrast, the countries with the largest decreases in exports from Israel were Malays.....»»
Israel sees decrease in foreign trade in 2023
Tel Aviv [Israel], January 23 (ANI/TPS): Israel's Central Bureau of Statistics (CBS) reported on Israel's foreign trade in 2023 as compared to 2022. The countries to which exports of goods (excluding diamonds) from Israel had the largest increases in 2023 were Morocco, Egypt, Hungary, Romania, Uruguay, Lithuania, Hong Kong and Poland. In contrast, the countries with the largest decreases in exports from Israel were Malays.....»»
NCR construction materials price growth eases in 2023
Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»
Blocs choose Sulu governor for BARMM chief minister in 2025 midterm polls
An influential bloc of politicians on Saturday anointed Sulu Gov. Hadji Abdusakur Tan Sr. as bet for chief minister of the 80-member regional parliament during next year’s first ever parliamentary elections in the Bangsamoro Autonomous Region in Muslim Mindanao......»»
PRO-6 chief orders operatives to sustain drug campaign in W. Visayas
PRO-6 chief orders operatives to sustain drug campaign in W. Visayas.....»»
NBI Bacolod gets new chief
NBI Bacolod gets new chief.....»»
Cebu Daily Newscast: Cebu City acting mayor Garcia names new city admin, assessor, chief of staff
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, May 13, 2024. Cebu City acting mayor Garcia names new city admin, assessor, chief of staff Cebu City Acting Mayor Raymond Alvin Garcia announced new appointees during flag-raising ceremony at Plaza Sugbo on.....»»