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BPO workers in economic zones must work on-site, says DOJ

Business process outsourcing firms (BPOs) within special economic zones that adopt work-from-home (WFH) arrangements for their employees are no longer entitled to tax incentives, according to the Department of Justice (DOJ). In a legal opinion dated Jan. 3, Justice Secretary Jesus Crispin Remulla contradicted the position taken by the Department of Trade and Industry (DTI),.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Shell Pilipinas net income jumps to P1.4 billion in Q1

Shell Pilipinas Corp. reported a net income of P1.4 billion in the first quarter, reversing the P310.2-million net loss booked in the same quarter last year......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Apollo Global Q1 net loss: P7.9-M (up 32%)

Apollo Global Capital posted a Q1 net loss of P7.9 million, which was actually 32% better than its Q1/23 net loss of P11.5 million......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Semirara Q1 profit: P6.5-B (down 28%)

Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024

DITO FY23 net loss: P8.1-B (30% improvement)

DITO CME posted a FY23 net loss attributable of P8.1 billion, which is a 30% improvement over its FY22 net loss attributable of P13.8 billion......»»

Category: financeSource:  philstarRelated NewsMay 3rd, 2024

Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

FACT CHECK: Did this vlog correctly state BBM’s net worth?

The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 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

Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)

Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Semirara FY23 net income down 30% to P27.9-B

Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

May ‘K’ ka ba kung nakapangalan sa ka-live in mo ang naipundar n’yo?

“MAGTANONG sa abogado para protektado.” Ito ang payo ni Sen. Alan Peter Cayetano sa mga may problemang kailangan ng legal na solusyon. Ito ang panapos na pananalita ng senador para kay Ricca na kumonsulta sa “CIA with BA” tungkol sa kanyang karapatan sa lupa na kanyang naipundar kasama ang live-in partner. “Medyo matagal na po.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

Magkaibigan nagkasiraan dahil sa P5k, pinag-ayos ng ‘CIA with BA’

“IT’S difficult to do but let’s all try to tame our tongue.” Ito ang mga salitang binitiwan ni Sen. Alan Peter Cayetano, kasama ang kapatid na si Sen. Pia at co-host na si Boy Abunda sa episode ng “CIA with BA” last Sunday, January 21. Sa segment na “Case 2 Face”, inireklamo ni Annaliza Dinquil.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2024

Pia becomes 1st woman to head Senate Blue Ribbon

Sen. Pia Cayetano has been elected as chair of the Senate Blue Ribbon committee, becoming the first woman to head the panel in Senate history......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Botika hindi nagbabayad ng upa, kaserang senior citizen nagreklamo

ISANG senior citizen ang dumulog sa “CIA with BA” upang humingi ng tulong at payo mula sa magkapatid na senador na sina Alan Peter at Pia Cayetano. Sa segment na “Payong Kapatid” sa episode nitong Linggo, January 14, kumonsulta sa programa si Flor Basinillo, 81, kung ano ang dapat gawin sa kanyang tenant na nagtayo.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

400 Taguig residents get cash aid

Around 400 residents in Taguig received financial assistance from the city government, Mayor Lani Cayetano said recently......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

In Tim Cone’s list, Johnny A still reigns supreme: ‘Unequivocally’

Tim Cone spent a lot of time chatting with members of the Inquirer sports staff earlier this week, talking of how “adventurous” his flight to the Philippines was as a 9-year-old back in 1966. He talked about how he and Alaska owner Fred Uytengsu got together and created a PBA dynasty. He talked about Gilas.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024