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Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth
For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»
Lauv on new single, collabs with K-pop stars, ‘core memories’ in Philippines
Just like how he created his breakout hit I Like Me Better, American singer-songwriter Lauv has noted the parallelism between his newly dropped single Potential and his earlier song in terms of the vibe and the appro.....»»
Strengthening financial health of Global Majority is key to unlocking their economic potential
Great strides have been made in terms of increasing financial inclusion globally in the last decade according to The World Bank......»»
Cancer Center PPP up for NEDA board approval
The proposed change in the cost and terms of the University of the Philippines - Philippine General Hospital (UP-PGH) Cancer Center public private partnership (PPP) project will be presented for the National Economic and Development Authority (NEDA) board approval next week, the PPP Center said. .....»»
3 cities in PH have cleanest air in Southeast Asia
MANILA, Philippines — Three cities in the Philippines ranked among the cleanest in terms of air pollution levels in Southeast Asia, according to a 2023 international report on air quality. The Swiss air-monitoring company IQAir’s 2023 World Air Quality Report provides a global review of air quality, citing PM2.5 air quality data from 7,812 cities.....»»
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......»»
DENR cancels deal with Surigao cult over land violations
The Department of Environment and Natural Resources has terminated its agreement with the controversial Socorro Bayanihan Services Inc. due to violations of the terms governing a land grant in Surigao del Norte......»»
Anti-Bullying Ordinance still at City Legal Office
A DAVAO City councilor said that they are still waiting for the decision from the City Legal Office to differentiate the terms of bullying for adults and children in the Anti-Bullying Ordinance of Davao City......»»
Red carpet to be rolled out for FIVB world meet
The Philippines will leave no stone unturned for the FIVB Volleyball Men’s World Championships 2025 – in terms of hosting the event for the first time ever and competing anew after 50 long years......»»
Philippines vows hosting readiness for men’s volleyball world championship
The Philippines assured to leave no stone unturned in the FIVB Volleyball Men’s World Championships 2025 — in terms of hosting for the first time ever and competing anew after 50 long years......»»
Sarah Geronimo says relationship with Mommy Divine now okay
Kapamilya singer Sarah Geronimo revealed that she and her mother Divine are now in good terms. .....»»
Betterment of women s sports tackled in forum
In celebration of Women's Month, Evident Integrated Marketing and PR hosted a forum called Equal Play: Accelerating Progress for Filipina Athletes, to discuss the progress of Filipina athletes in terms of representation and opportunities......»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
Improving healthcare access for individuals deprived of liberty
The Philippines is confronted with the stark reality of being ranked third in terms of prison overcrowding globally, highlighting a pressing concern: individuals deprived of liberty face dire living conditions that imperil their health and well-being......»»
Apple Developing Strategy to Address EU Core Technology Fee Impact on Apps Going Viral
Apple recently made headlines with the announcement of a 0.50 euro Core Technology Fee that apps distributed using the new EU App Store business terms.....»»
Rights groups refute Marcos’ claim of ‘progress’ in ending drug war abuses
Human rights groups on Thursday refuted the president’s recent claim that the government is “progressing” in terms of curbing police abuses in the so-called “war on drugs” initiated by his predecessor......»»
Make public schools local
It is obvious that we need more than the million plus DepEd bureaucracy to fast track the resurrection of our international reputation badly tarnished by results of recent international tests placing our children at the bottom of a list of many countries in terms of reading and math skills. More than our bruised national ego, our learning poverty of 90 percent dooms the economic future of our country......»»
EDITORIAL — Sour grapes
There are many reasons why tiny Singapore has sprinted ahead of the rest of Southeast Asia in terms of economic growth and nearly all human development indicators......»»
All on same page
Whenever there are FIBA windows and major international competitions like the Olympic Qualifying Tournament, SEA and Asian Games, the Samahang Basketbol ng Pilipinas has been assured of total cooperation from basketball stakeholders in terms of clearing league schedules to free up players who are on the national team.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»