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Chinabank declares P5.9 billion cash dividends

Sy-led China Banking Corp. will reward its shareholders with a record P5.9 billion in dividend payments, 16 percent higher compared to last year, the bank said yesterday......»»

Category: financeSource: philstar philstarApr 19th, 2024

Remittances soar to P33.5 billion in 2023 – BSP

MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

PCSO sees higher earnings if illegal gambling curbed

The Philippine Charity Sweepstakes Office (PCSO) could have remitted higher dividends to the government had the authorities been successful in neutralizing illegal gambling operations in the country. .....»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

GOCCs’ dividend remittance bumped up to 75 percent of earnings

The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

VistaREIT amends its disclosure, cumulative divs reach 90% of distributable income

Yesterday, I wrote about the VistaREIT Q4 dividend, and how (despite its gargantuan size) it was insufficient to drag VREIT’s cumulative FY23 dividends up above 90% of its reported distributable income for FY23 as required by the REIT Law......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Why BBM is pro-America

Ferdinand Romualdez Marcos Jr.’s pivot to America will soon yield dividends – in terms of investments in critical areas, jobs and job training, solid infrastructure, energy independence, digital connectivity, microchip production, agribusiness, mass transport and logistics hubs......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

Phoenix lacks the retained earnings to pay PNX4 and PNX3B divs

The PSE sought an update from Dennis Uy’s Phoenix Petroleum on the non-payment of dividends to shareholders of its PNX4 preferred shares and PNX3B preferred shares......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

How does LTG derive income from PNB when PNB hasn’t declared dividends?

I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Gains of BARMM highlighted in 5th anniversary feast

Personnel of regional agencies commemorated on Sunday the fifth founding anniversary of the Bangsamoro Autonomous Region in Muslim Mindanao, proud of what is for them markedly visible dividends it has gained from its security and economic initiatives since......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

Manpower trainees get cash aid from Capitol

Manpower trainees get cash aid from Capitol.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Two Victorias centenarians receive cash grants from Province

Two Victorias centenarians receive cash grants from Province.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

DSWD wants 4Ps cash aid increased

Due to the continuing rise in inflation rates, the Department of Social Welfare and Development is pushing for an adjustment in the cash grants given to beneficiaries of the Pantawid Pamilyang Pilipino Program......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2024

Lapu-Lapu City centenarian gets P200,000 cash gift

LAPU-LAPU CITY, Cebu — A centenarian in Sitio Tangke, Barangay Basak, Lapu-Lapu City, received a total of P200,000 as a cash gift from the Lapu-Lapu City Government and the Department of Social Welfare and Development (DSWD) on Tuesday, May 7, 2024. In a Facebook post, Lapu-Lapu City Mayor Junard Chan visited Benito Herbas Jervas, who.....»»

Category: newsSource:  inquirerRelated NewsMay 7th, 2024

DepEd cautions public vs fake posts on cash aid

The Department of Education (DepEd) has warned the public against fake posts claiming that the agency gives out cash assistance to all graduating students......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Octogenarian fire victim gets immediate cash, relief aid from Himamaylan LGU

Octogenarian fire victim gets immediate cash, relief aid from Himamaylan LGU.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

DSWD trains 400 cash-for-work beneficiaries in San Carlos

DSWD trains 400 cash-for-work beneficiaries in San Carlos.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

CHED warns public vs fake cash aid announcements

The Commission on Higher Education yesterday warned the public against fake announcements on cash assistance for college students, saying it has not announced applications for subsidy for Academic Year 2024-2025......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

70 ex-NPA rebels receive cash aid

70 ex-NPA rebels receive cash aid.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Over 2M kilos of rice, P250M in cash aid distributed in Eastern Visayas

Over 2M kilos of rice, P250M in cash aid distributed in Eastern Visayas.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Cash aid to elderly in Angeles City resumes

Cash aid to elderly in Angeles City resumes.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Mandaue City changes venue for cash aid distribution due to intense heat

MANDAUE CITY, Philippines – Mandaue City will make adjustments to the distribution of financial assistance for senior citizens due to the intense heat. Earlier, the Office of the Senior Citizens Affairs in Mandaue City posted the schedule for the distribution of the first tranche of cash assistance from April 16 to 24. The schedule also.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024