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INTERACTIVE MAP | Davao flood updates, low pressure area, February 1, 2024
We’re monitoring the progress of roads, floods, bridges, and landslides around the areas affected by this week’s low pressure area. To toggle the map, use two fingers to move around and pinch to zoom in or out. Each clickable element leads to a link to vetted sources of information on floods, roads, bridges, and landslides […].....»»
3 dead in Davao de Oro due to landslides
DAVAO CITY (MindaNews / 1 February)—Three people have died in the municipality of Maragusan in Davao de Oro because of a landslide caused by heavy rains brought by the trough of the low pressure area. According to the Maragusan Information Office, the bodies of the fatalities were retrieved Wednesday at the site at Purok Buongon, […].....»»
Classes in all levels in Davao City suspended Friday
DAVAO CITY (MindaNews 1 February) – Classes in all levels in Davao City will be suspended on Friday—third day in a row since Wednesday—due to heavy rains brought by the trough of the low pressure area. The city government here posted on its Facebook page at 7:34 p.m. Thursday Proclamation No. 6, Series of 2024, […].....»»
Dutertes not credible opposition vs cha-cha, says Davao progressives
Progressive groups who have long battled moves by elected officials for charter change said this Sunday’s protest against cha-cha led by Duterte supporters in Davao does not make the Dutertes stand as a credible opposition......»»
Prayer rally vs people s initiative set in Davao
Over 50,000 people from around the country are expected to join “One Nation, One Opposition,” a multi-sectoral prayer rally set on Sunday in Davao City to protest the use of government programs and public funds to mislead voters into signing documents intended to support amendments to the Constitution......»»
Lower table revenues pull down Bloomberry earnings
The earnings of Enrique Razon’s Bloomberry Resorts Corp. declined by 11 percent to P2.6 billion in the first quarter amid lower VIP and mass table revenue......»»
Cosco posts 2-digit jump in Q1 earnings
Robust revenues fueled a double-digit increase in the earnings of Lucio Co’s listed retail holding firm Cosco Capital Inc. in the first quarter......»»
MPIC earnings surge 30% to P5.6 billion in Q1
Core earnings of conglomerate Metro Pacific Investments Corp. soared by 30 percent to a record high of P5.6 billion in the first quarter on strong performances by its business units......»»
Lower March sales pull down Wilcon earnings in Q1
Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»
Gokongwei anchor firms RLC, URC post strong Q1 earnings
The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions......»»
GOCCs’ dividend remittance bumped up to 75 percent of earnings
The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»
Pagcor earnings hit P25 billion in Q1
The earnings of state-run Philippine Amusement and Gaming Corp. (PAGCOR) soared by 43 percent to P25.2 billion in the first quarter, driven by the electronic games sector......»»
Robinsons Retail posts higher earnings in Q1
Higher sales from new stores and sustained demand in the food retail and drugstores segments boosted earnings of Gokongwei-owned Robinsons Retail Holdings Inc. in the first quarter......»»
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......»»
BDU Unibank Inc. 2024 1st quarter earnings at P18.5B, up by 12%
BDU Unibank Inc. 2024 1st quarter earnings at P18.5B, up by 12%.....»»
Fruitas earnings soar in 2023
Listed food and beverage retail operator Fruitas Holdings Inc. saw its earnings soar in 2023 on the back of all-time high annual revenues......»»
Power, real estate fuel FPH earnings in 2023
Strong contributions from power generation and real estate segments fueled a nearly 20-percent jump in the earnings of First Philippine Holdings Corp. in 2023......»»
Groupwide improvements boost FDC earnings by 58%
Filinvest Development Corp. the listed conglomerate of the Gotianun family, saw its earnings rise by more than half last year on the back of a double-digit improvement across all business segments......»»
GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»
D& L sees earnings recovery this year
D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»