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Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
Filing of complaints now easier with CARe System – DTI
The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»
DTI, Google to Empower MSMEs and Jobseekers to be Digitally Ready
The Department of Trade and Industry (DTI) and Google Philippines announced their collaboration to help Micro, Small and Medium Enterprises (MSMEs) and jobseekers to be more digitally adept in a US Trade Mission meeting last March 11, 2024, held in Malacañang. DTI Secretary Fred Pascual expressed his appreciation of the partnership with Google and said […].....»»
DTI allows manufacturers to downsize certain goods to offset rising costs
MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»
Daluz camp ‘willing’ to meet with OIC GM
Daluz camp ‘willing’ to meet with OIC GM.....»»
Marcos willing to discuss Jubahib’s case with Duterte
Marcos willing to discuss Jubahib’s case with Duterte.....»»
Tomas Osmeña willing to run as vice mayor to back Archival
Tomas Osmeña willing to run as vice mayor to back Archival.....»»
MPTC offers P2.5 billion to buy out government share in CAVITEX
Metro Pacific Tollways Corp. is willing to spend as much as P2.5 billion to acquire the remaining interest of the government in the operations and maintenance of the Manila-Cavite Expressway......»»
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......»»
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......»»
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......»»
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......»»
Philippine exports surpass 100 bln USD in 2023
MANILA, April 1 (Xinhua) -- Philippine exports exceeded 100 billion U.S. dollars for the first time in 2023, with a total of 103.6 billion dollars, a 4.8 percent increase from 2022, the Philippines' Department of Trade and Industry (DTI) said Monday. Citing data from the Bangko Sentral ng Pilipinas (BSP), the country's central bank, DTI Secretary Alfredo Pascual said that the strong performance of the informatio.....»»
Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023
Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»
First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
Jollibee FY23 profit: P8.8-B (up 16%)
Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»
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......»»
Government agrees to restore interest deductions
Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties."Help is on the way for landlords and renters alike. The Government's restoration of interest deductibility will ease pressure on rents and simplify the tax code," says Assoc.....»»
SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024
SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»