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CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Singlife gets P600 million capital infusion

Digital life insurance firm Singlife Philippines has secured a P600-million capital infusion from its parent company in Singapore as it moves to grow its market presence in the country......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

SM Investments buys 28.79% stake in CREIT for P5-B

SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Recall issued for 318,000 vehicles due to potential airbag issues

Stellantis Recalls 318,000 Vehicles Over Air Bag Defect Stellantis, the parent company of Chrysler and Dodge, has announced a recall of 318,000 vehicles due to.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 23rd, 2024

TikTok facing ban in America; penalized $384 million in Europe

The US House of Reps has passed a bill to ban TikTok unless it cuts ties to Communist China. Chinese parent ByteDance must sell TikTok to another nationality in six months or be shut down......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

‘Hindi self-defense ang pagpaslang sa Golden Retriever na si Killua’ –PAWS

HINDI naniniwala ang Philippine Animal Welfare Society (PAWS) na “self-defense” ang ginawang pagpaslang ni Anthony Solares sa Golden Retriever na si Killua. Hanggang ngayon, mainit pa ring pinag-uusapan sa social media ang post ng fur parent matapos matagpuan na duguan at walang buhay ang alaga sa loob ng sako. Ayon sa animal offender, tinugis ni.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Premium Leisure Corp to be voluntarily delisted

The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion

Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

Higher contribution to PLDT eyed by ePLDT

The data center builder of Pangilinan-led PLDT Inc. hopes to increase its share in the revenue of its parent to as much as 20 percent by the end of the decade......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Sky-high debt a major factor in aborted cable TV merger

It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

DSWD may ‘Program SOLo’ para sa single parents: We’re here to support you!

HINDI na magiging “feeling lonely” ang mga mahal nating single parents! May bagong programa kasi ang Department of Social Welfare and Development (DSWD) na tiyak na dadamayan at susuportahan ang mga single parent sa pag-aalaga ng kanilang mga anak. Ito ang tinatawag nilang “Strengthening Opportunities for Lone Parents” program o Program SOLo. Ayon sa DSWD,.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 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

Solo parents to get P1K monthly subsidy

The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Mary Jane Veloso’s mother begs Widodo for daughter’s freedom

"I am requesting and begging and hoping you would understand me as a parent and a mother. Please free our daughter," a copy of the letter provided by migrant workers group Migrante International stated in Filipino......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024