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DMCI hikes capex to P59 billion this year

The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Meralco power rates slightly up anew in March

This would be the electricity concessionaire’s third consecutive power rate uptick this year. .....»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

DMCI Homes earmarks P16 billion for capex in 2024

DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

DMCI, Marubeni investing P15 billion for property venture

DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

DMCI posts FY23 net income of P24.7-B (down 21%)

DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

DMCI Holdings net income down 20% to P24.9B as revenue drops

DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

DMCI Holdings posts 20% profit drop in 2023

Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

DMCI Homes putting up 2nd leisure project in Benguet

Following the success of the company’s first leisure property in Batangas, Consunji-led DMCI Homes is developing an eco-agri mountain resort condotel in the town of Tuba, Benguet......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

2023 annual sales by Geely Holding Brands rise 20% to 2.79m units

For the sixth consecutive year, Geely Holding achieved more than 2 million units in aggregate sales......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Monde Nissin sees sales, earnings growth in 2023

Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

3 stand-alone books that may help fix your ‘reading slump’

CEBU CITY, Philippines – You may not be the only one with stacks of unwrapped books just lurking in the corner, waiting for you to lay your eyes on them. You may have enjoyed reading during your childhood or teen years, but somehow lost that spark as life progressed, finding yourself stuck in a slump.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

Vehicle sales seen to reach 500,000 units this year

Vehicle sales in the country may hit 500,000 unit sales this year, driven by new models and production as well as better economic performance......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Weakened purchasing power causes 20% drop in Panaad Festival sales

Weakened purchasing power causes 20% drop in Panaad Festival sales.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Meralco cuts power rates in April

The Manila Electric Company will slash power rates in April, ending three consecutive months of rate hikes since the first quarter of 2024. .....»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong

Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

3 NPA leaders surrender in Negros Oriental

Three New People’s Army officials have surrendered to the 11th Infantry Battalion in Siaton, Negros Oriental, according to 11th IB commander Lt. Col. Michael Aquino......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

Asian Age Group C ship: Iran Beats Singapore

TEHRAN (Tasnim) - Iran's youth water polo team defeated Singapore 19-8 at the 11th Asian Age Group Championship on Thursday. - Sports news - Iran had previously defeated Malaysia, Sri Lanka and Kazakhstan in Group B.Iran will meet the winner of Uzbekistan and China in the semifinal on Friday.The 11th Asian Age Group Championships include four aquatic disciplines, namely swimming, diving, water.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Iran Youth Water Polo 2nd at Asian Age Group C ship

TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Iran Youth Water Polo 2nd at Asian Age Group C ship

TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024