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Ways to address income inequality

I wrote two columns last month on the topic “income inequality.”.....»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

UnionBank income plummets in Q1

Union Bank of the Philippines booked a net income of P2 billion in the first quarter, down by 41.2 percent from the same period a year ago, as the bank continued to allocate resources toward its takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 25th, 2024

‘Invest to generate passive income’

Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

First Gen income up 4 percent to P15.4 billion in 2023

Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

Landbank income exceeds P40 billion mark

State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Figaro coffee ends 2023 with P480.38 million in net income

Figaro coffee ends 2023 with P480.38 million in net income.....»»

Category: newsSource:  sunstarRelated News21 hr. 43 min. ago

DigiPlus Q1 profit: P2.0-B (up 370%)

DigiPlus Interactive reported a Q1 net income of P2.0 billion, up 370% y/y from its Q1/23 net income of P0.4 billion......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

DigiPlus reports P2 billion net income in Q1 2024

Digital entertainment firm DigiPlus Interactive Corp. recorded a net income of P2 billion in the first three months of 2024......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Apex Mining Q1 profit: P853-M (+55%)

Apex Mining reported a Q1 net income of P853 million, up 55% y/y from its Q1/23 net income of P549 million......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Philippine National Bank s Q1 2024 net income hits P5.3 billion

Philippine National Bank s Q1 2024 net income hits P5.3 billion.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Robinsons Land clinches P4.7 billion net income in Q1 2024

Robinsons Land clinches P4.7 billion net income in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

AllHome FY23 profit: P797-M (down 15%)

AllHome posted a FY23 net income of P797 million, down 15% from its FY22 net income of P933 million......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

GSIS income rises to P37 billion in January-March

The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime Holdings Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a P100 billion investment......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

500 MPUV drivers fear income loss after CBRT package 1 s completion

500 MPUV drivers fear income loss after CBRT package 1 s completion.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

EastWest Bank posts P6.1 billion in net income in 2023

EastWest Bank posts P6.1 billion in net income in 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024