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MerryMart increases 2030 VISION annual sales target 25% to P150-B
MerryMart, the grocery and consumer products chain founded by Injap Sia, said in a press release that it has updated its 2030 VISION goal from P120 billion in annual consolidated systemwide sales revenue to P150 billion......»»
Fishermen in the Philippines still damaging marine ecosystem
Crew members pull the net with fish in tow onboard a catcher vessel in the fishing grounds in the Sulu Sea, the Philippines, April 27, 2023. /CFPFishermen in the Philippines are still overfishing the sea areas around the island country, damaging the marine ecosystem, which in turn is threatening their own survival. Conservation group Oceana said more than 75 percent of the nation's fishing g.....»»
Fishermen in the Philippines still damaging marine ecosystem
Crew members pull the net with fish in tow onboard a catcher vessel in the fishing grounds in the Sulu Sea, the Philippines, April 27, 2023. /CFPFishermen in the Philippines are still overfishing the sea areas around the island country, damaging the marine ecosystem, which in turn is threatening their own survival. Conservation group Oceana said more than 75 percent of the nation's fishing g.....»»
Fishers, advocates fear destruction of marine ecosystem in the name of Verde Island ‘preservation’
“The Philippines is home to the highest concentration of marine shore fish species in the world, sheltered in a marine corridor known as the Verde Island Passage (VIP). The richness of biodiversity in the VIP makes it comparable to the Amazon. This biodiversity hotspot is being imperiled by fossil gas projects of SMC." The post Fishers, advocates fear destruction of marine ecosystem in the name of Verde Island ‘preservation’ appeared first on Bulatlat......»»
MerryMart hikes 2030 sales target to P150 billion
MerryMart Consumer Corp. of tycoon Edgar “Injap” Sia II is raising its sales revenue target for 2030 by 25 percent as it ramps up its expansion......»»
Man-made disasters cost Philippines 164.87 mln USD in 2023
MANILA, March 26 (Xinhua) -- Man-made disasters caused the total damage in the Philippines worth 9.29 billion pesos (164.87 million U.S. dollars) in 2023, the Philippine Statistics Authority (PSA) said Tuesday. The agency said that out of the total annual damage, 4.93 billion pesos (87.5 million dollars), or 53.1 percent, was due to the oil spill. "The reported oil spill in various regions resulted in dam.....»»
DICT says PH startups ecosystem is vibrantly growing
PANGLAO, Bohol — Department of Information and Communications Technology (DICT) secretary Ivan John Uy opened the two-day Geeks On A Beach (GOAB)2023 international conference, Thursday, November 23-24 confidently stating that the vibrant startup ecosystem in the Philippines has been promisingly growing, with more than 1,100 startups, 60 incubators and accelerators, 50 venture capitalists, and more […].....»»
Negrenses enjoined to support push for energy security by 2030
Negrenses enjoined to support push for energy security by 2030.....»»
Albay eyes 100 percent RE shift by 2030
The province of Albay in the Bicol Region said it plans to shift to 100 percent renewable energy by 2030 to address power outages during extreme weather events......»»
‘MGEN to achieve target ahead of 2030 schedule’
Meralco PowerGen Corp. (MGen), the power generation arm of power distributor Manila Electric Co., expects to achieve its 1,500-megawatt (MW) renewable energy target ahead of 2030 schedule......»»
Japanese offer tech to cut cost of road repairs
Japan-backed tech innovators are bringing into the Philippines a new service that lowers the cost of fixing road damage by analyzing and recording them through a satellite......»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
DA: Agri damage due to El Niño nears P6B
MANILA, Philippines — The ongoing El Niño drought is still causing serious damage to crops and animals nationwide, with losses now exceeding a third of what the Department of Agriculture (DA) reported just a week ago. As of April 30, the DA stated that the extreme heat and lack of rain had caused agricultural damage amounting.....»»
UnionDigital Bank revenue grows to over P5 billion
UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos
Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»
BPI sells shares in GoTyme Bank
The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»