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Alliance Global Posts Record-Breaking P30-B Net Income in 2023
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, achieved a record-breaking net income of P30.3 billion, up 20% year-on-year despite higher inflation, which pushed overall costs and expenses up during the period. Attributable net profit stood at a new high of P19.6 billion, reflecting a 21% increase from the […].....»»
AGI posts record P30.3 billion profit
Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»
Revitalize Your Savings: Strategies for Injecting Excitement into Financial Planning
Saving money sometimes feels like trudging through mud, doesn’t it? With bills piling up and unexpected expenses lurking around every corner, it’s a real challenge to stash away anything for the future. But hey, don’t throw in the towel just yet! There are ways to inject a bit of zest into your saving game. First […].....»»
COL Financial FY23 profit: P426-M (up 76%)
COL Financial reported FY23 net income of P426 million, up 76%, on higher revenues and lower operating expenses......»»
Philippine daily wage insufficient to meet family living expenses
MANILA, Philippines — The nationwide daily wage disparity averaged P762 as of March 2024, with the daily minimum wage averaging only P440, the think tank Ibon Foundation said on Wednesday. Data from the Ibon Foundation showed that the wage gap was computed based on the average daily minimum wage and the average family living wage.....»»
Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers
At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»
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......»»
D& L sees earnings recovery this year
D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»
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......»»
Lower output cuts Philex profit
Pangilinan-led Philex Mining Corp. saw its 2023 core net income decline to P963 million year-on-year due to lower output and elevated operating costs and expenses......»»
Chelsea inispluk ang ‘expenses’ sa pageants: Gumastos siguro ako ng P500,000
MAHIGIT sa kalahating milyon pala o higit pa ang nagagastos ng isang kandidata sa beauty pageant at sa national pa ‘yun, iba pa pag international pageant na. Ito ang nalaman namin kay Binibining Pilipinas Globe 2022 Chelsea Fernandez nang makakuwentuhan namin siya bilang special guest sa pagbubukas ng “Hey Pretty Aesthetic Center” in SM Sta......»»
NGCP told to ‘practice discipline’ to protect consumers
Energy industry regulators are urging utilities, especially monopolies like the NGCP, to charge only reasonable expenses to consumer electric bills.....»»
Infrastructure spending hits lowest level in November
Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»
Going zero waste : La Union villagers exchange fruit seeds with rice
The La Union provincial government is reaping successes of a noble project that seeks not only to help defray expenses of households, but also encourage residents to lead zero waste lifestyles. .....»»
Medical bills are getting higher : Kris Aquino says Bimby to return to Philippines to work
"Queen of All Media" Kris Aquino revealed that her son Bimby will go back to the Philippines soon to work, so he could help cover Kris' medical expenses......»»
Aquilino Pimentel III, ex-speaker Velasco biggest Congress spenders in 2022
Senate Minority Leader Aquilino Pimentel III was the biggest spender among senators in 2022 with almost P130 million, while Sen. Mark Villar was the most frugal with expenses at only P35 mill.....»»
DSWD urges 4Ps beneficiaries to avail of gov’t tertiary education support
The Department of Social Welfare and Development (DSWD) urged the beneficiaries of its Pantawid Pamilyang Pilipino Program (4Ps) who want to pursue higher education to avail of various government tertiary education support programs that will assist them with their school expenses. DSWD Asst. Secretary for Strategic Communications Romel Lopez said on Monday (January 15) that […].....»»
[Two Pronged] My mom keeps asking me to send money for my sister’s gambling debts
'Two years ago I said enough was enough and sent money only for my mother’s expenses, no matter how much she asked me to help, no matter how big my sister’s gambling problem seemed. She did not talk to me for two months.'.....»»
DILG recommends preventive suspension vs Bamban Mayor Alice Guo
he Department of the Internal and Local Government recommended a preventive suspension against controversial Bamban, Tarlac Mayor Alice Guo following unanswered questions regarding her personal background and alleged illegal activities......»»
Rama to contest suspension order in Supreme Court, readies legal fight
CEBU CITY, Philippines – Cebu City Mayor Michael Rama stays firm despite being ordered a preventive suspension by the Ombudsman. He now plans to ask for Supreme Court intervention, believing the decision might be politically motivated. Rama questions the fairness of the anti-graft office’s six-month suspension, stating he and seven other City Hall officials weren’t given.....»»