Customs collections hit P330 billion
The Bureau of Customs continued to exceed its target collection with the latest haul of P330 billion in revenues as of mid-May......»»
Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
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.....»»
Alliance Global injects P2.6-B into Megaworld
Megaworld clarified the recent subscription of its parent company, Alliance Global, to 1.375 billion common shares at P1.90/share to say that it is part of a plan to increase MEG’s outstanding authorized capital stock by P5.5 billion (from P40.2 billion to P45.7 billion)......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Tarlac tragedy leads to a sad, different revisit of KPop hit song
CEBU CITY, Philippines — A Korean pop (KPop) group’s 2009 hit song “I Don’t Care”, has become a sad song for Filipino netizens this December. This was how some netizens described the Korean group’s 2NE1’s hit song as it became one of the trending topics on Twitter on December 21, 2020 after Sunday’s shooting incident […].....»»
Road rage led to hit-and-run of local basketball player – Police
CEBU CITY, Philippines — Police in Cebu City revealed on Friday, February 9, 2024, that the hit-and-run incident that killed 23-year-old Jeslar Uriel Larumbe was a case of road rage with the suspect really intending to hit the victim with his vehicle. The suspect was identified as Aaron Karl Tan, the owner of the white.....»»
Cebu Daily Newscast: Murder raps filed vs suspect in hit-and-run of basketball player
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, February 7, 2024. Murder raps filed vs suspect in hit-and-run of basketball player Police in Cebu City have filed today, February 8, a charge of murder against the suspect behind the fatal hit-and-run.....»»
Police continue to gather evidence on Larumbe hit-and-run case
CEBU CITY, Philippines – Police in Cebu City have taken custody of the SUV believed to be involved in the hit-and-run case that killed Jeslar Uriel Larumbe. But its owner remains a free man as the police continue to determine if he was indeed involved in the hit-and-run case. The vehicle owner, whose name is.....»»
Marcos wants 24/7 port operations
President Marcos has ordered a round-the-clock deployment of customs and agriculture department teams to ports to ensure uninterrupted processing of shipments, including the screening of imported goods such as food and agricultural products......»»
Marcos orders crackdown on tobacco, vape smuggling
President Marcos has directed the customs and internal revenue bureaus to enhance their efforts against the smuggling of tobacco and vape products, during a meeting that tackled measures aimed at protecting the Philippines’ tobacco industry......»»
3 incumbent councilors to join Ruiz’s slate
LAPU-LAPU CITY, Cebu — Three incumbent Cebu City councilors have expressed their intention to join the slate of former Customs Commissioner Yogi Ruiz in the upcoming 2025 midterm elections. However, Ruiz refused to disclose their names, citing concerns that their pending projects may not be funded if they are identified. “Wala pa lang gyud sila.....»»
P102 million marijuana in balikbayan boxes seized in Manila port
The Bureau of Customs has confiscated five balikbayan boxes containing 82 kilos of marijuana and 1,881 cannabis vape pens valued at P102 million, the BOC repor.....»»
P212.5 million shabu seized in Clark
Shabu with an estimated street value of P212.5 million has been seized by joint operatives of the Bureau of Customs and Philippine Drug Enforcement Agency at the port of Clark in Pampanga......»»
P4-M smuggled cigs seized, 2 arrested
THE Bureau of Customs-Davao Region (BOC-Davao) confiscated smuggled cigarettes worth P4 million in Barangay Lacson, Calinan District, Davao City on March 22, 2024......»»
If he gets elected, Yogi Ruiz warns drug traders to leave Cebu City
CEBU CITY, Philippines — Illegal drug traders were warned by former Bureau of Customs Commissioner (BOC) and former Philippine Drug Enforcement Agency (PDEA)-7 Director Yogi Felimon Ruiz to leave Cebu City within 30 days if he is elected as mayor in the 2025 local and national elections. This was his promise as he is 100%.....»»