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How does LTG derive income from PNB when PNB hasn’t declared dividends?
I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»
Gains of BARMM highlighted in 5th anniversary feast
Personnel of regional agencies commemorated on Sunday the fifth founding anniversary of the Bangsamoro Autonomous Region in Muslim Mindanao, proud of what is for them markedly visible dividends it has gained from its security and economic initiatives since......»»
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......»»
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.....»»
FACT CHECK: One-time P10,000 benefits for senior citizens false
The YouTube Channel Balitang Pinas made a video claiming senior citizens or persons aged 60 years old and above who have obtained their senior citizen’s ID can now obtain a financial incentive worth 10,000 pesos......»»
Penalty for water pollution hiked
The Laguna Lake Development Authority has increased the penalty imposed on companies found polluting Laguna de Bay from P10,000 to P11,000 daily......»»
P10K supply allowance ng mga guro malapit na
Malapit nang maging batas ang panukala para itaas sa P10,000 ang supply allowance ng mga guro sa pampublikong eskuwelahan. The post P10K supply allowance ng mga guro malapit na first appeared on Abante......»»
Incarcerated seniors can receive centenarian cash gifts – lawmaker
One of the authors of Republic Act 11982 or the Centenarian Act yesterday assured the public that eligible seniors who are incarcerated or have been released from jail can also receive cash gift of P10,000......»»
Expanded centenarian law set for signing
President Marcos is set to sign the expanded centenarian law tomorrow that would give P10,000 cash aid to the elderly for each age milestone and another P100,000 when they reach 100......»»
23 Makati barangays to receive P10M from real property tax collection
The Makati City government said that 23 of its barangays are slated to receive an extra P10 million each from the city's basic real property tax collection......»»
Ever Bilena faces P9.3 million tax rap
The Bureau of Internal Revenue has filed a criminal complaint against popular cosmetic brand Ever Bilena for nearly P10 million in alleged tax deficiencies......»»
Around P10M in illegal drugs seized in two-day anti-drug ops in Central Visayas
CEBU CITY, Philippines – Close to 150 suspected drug personalities, and illegal drugs worth around P10 million were seized following a two-day anti-drug operation in Central Visayas. Police in the region conducted another round of Simultaneous Anti-Criminality and Law Enforcement Operations (Sacleo) over the weekend, Police Lt. Col. Gerard Ace Pelare, spokesperson of the Police.....»»
10 hours travel for ‘Pasko Sa Enero’
It took “Pasko Sa Enero” first-prize winner Luisito Vallo five hours to travel from Calasiao, Pangasinan to Starbucks Molito, Alabang to claim his P10,000 cash and a big bagful of goodies last Sunday morning and another five hours to go back home. But Vallo, a librarian in the municipal government, said the experience was worth the trip......»»
DOTr: 2.2 million more plastic cards to be delivered
Transportation Secretary Jaime Bautista inspected yesterday the one million delivered plastic cards to be used for the printing of driver’s licenses, at the Land Transportation Office central office in Quezon City......»»
DOTr: Speedy ROW resolution key to NSCR timetable
The speedy resolution of rights-of-way concerns and the resettlement of informal settlers living along the planned route of the North South Commuter Railway are crucial components for the on-time completion of the vital transportation infrastructure, the Department of Transportation said......»»
DOTr: NSCR to make rail transport ‘more efficient’
The government has to make the existing train systems “more efficient” with the North-South Commuter Railway project expected to go into full swing, according to a Department of Transportation official......»»
Subway project 55% cleared for ROW – DOTr
The Department of Transportation is facing challenges in acquiring the right of way for the subway, delaying the award for the remaining contract packages of the project......»»