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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......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

EDITORIAL — ‘Very rotten’

A process has long been in place for the approval of the national budget. Malacañang, through the Department of Budget and Management, submits its proposed national expenditure program to Congress, and both chambers deliberate on the NEP to come up with their respective versions of the budget bill......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Bumina-ang submits Chinese foe in ONE Thailand card

Filipino mixed martial artist Carlo Bumina-ang had a dominant start to the year in ONE Championship, submitting Chinese opponent Xie Zhipeng in ONE Friday Fights 50 at the Lumpinee Boxing Stadium in Bangkok, Thailand......»»

Category: sportsSource:  philstarRelated NewsFeb 3rd, 2024

SPPC submits best offer for Meralco supply requirements

The Manila Electric Co. has secured the best bid from San Miguel’s South Premiere Power Corp. for its 1,200-megawatt (MW) supply requirement......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

House panel OKs tax-free hazard pay to judges, prosecutors

A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Semirara income drops 30% to P27.9 billion

Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Excise tax collection declines to P292 billion

Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Negros Island Region: NegOr governor welcomes reformation of NIR 

CEBU CITY, Philippines – Negros Oriental Governor Chaco Sagarbarria welcomed the passage of the bill seeking to reform the Negros Island Region (NIR). Speaking to reporters at the sidelines of the Regional Development Council in Central Visayas (RDC-7) at the Capitol Social Hall on March 14, Sagarbarria said reviving the NIR would greatly benefit local.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Strong corporate earnings boost market

The stock market advanced for a fifth straight session yesterday as strong corporate earnings in the first quarter helped buck negative cues from Wall Street overnight......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Fruitas raises P200 million from corporate notes

Fruitas Holdings Inc. has completed its maiden private placement, raising P200 million from the issuance of corporate notes......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Fruitas raises P200-M through sale of corporate notes

Fruitas disclosed that it sold P200 million worth of corporate notes in a private placement to banks and institutional investors......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Austria leads Grumpy Joe to CJHGC Corporate Cup triumph

Jonar Austria recorded a consecutive 54 points to anchor Grumpy Joe to victory in Group 1 at the close of the 18th Corporate Cup at Camp John Hay Golf Club here Friday......»»

Category: sportsSource:  philstarRelated NewsMar 25th, 2024

AEBC Corporate Cup: Deo tows CBM Engineering past Davies Paints

CEBU CITY, Philippines — The CBM Engineering cruised to its second straight win behind Ivan Deo’s 30-point game against Davies Paints, 88-77, in the Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024 on Friday evening, March 22, at the University of San Carlos (USC) main campus gymnasium.  Deo erupted for 30 points, and.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Corporate Cup golf: BCM, Perfect Drive mount early leads

Karl Flores scored 46 points while Gerry Aguado and Arnel Panganiban added 44 and 42 to lift BCM Balayan to a commanding lead in Group 4 after the first round of the 18th Corporate Cup held at the Camp John Hay Golf Club......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Undermanned Modern Windows routs Landlite in Corporate Cup

Undermanned Modern Windows routs Landlite in Corporate Cup.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Defending champs CS4 beats Davies Paints in AEBC Corporate Cup opener 

CEBU CITY, Philippines — The defending champions, CS4, routed Davies Paints, 73-60, to start their title retention campaign on the winning side of the ongoing Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024. Kyle Esbra finished with a game-high of 22 points with one rebound, two steals, and two assists. Garrick Bande added.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

AEBC Corporate Cup: CBM, Phelps Dodge, Avantrac beat foes in opening match

CEBU CITY, Philippines — CBM Engineering, Phelps Dodge, and Avantrac logged opening game victories as the Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024 kicked off on Friday evening at the University of San Carlos (USC) main campus gymnasium.  CBM Engineering manhandled Golden Hammer Construction and Supply, 95-77, while Phelps Dodge earned a.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Morissette Amon cries foul over alleged poor performance at corporate event

Singer Morissette Amon broke her silence over an alleged poor performance at a corporate event. .....»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Stocks advance anew on rosy corporate earnings

Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024