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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% […].....»»
Lab-grown proteins, edible containers, and other food innovations we’ll eat in 2024
San Miguel Foods Culinary Center recently presented “Food Forward: A Taste of 2024 Food Trends” hosted by Paolo Abrera and chef Llena Tan-Arcenas, who saw these trends at the 2023 Thailand Food Expo, as well as from SMFCC’s research and observations......»»
Dyowa ni Selena Gomez binengga nang okrayin ang Pinoy fast food chain
BUGBOG-SARADO ang American record producer na si Benny Blanco sa mga netizens matapos mag-viral ang pambabarubal nito sa isang Pinoy fast food chain. Pinutakti ng hate comments si Benny dahil sa hindi makatarungang pagre-review nito sa food and drinks mula sa sikat na fast food dito sa Pilipinas. Napanood din namin ang TikTok video ng.....»»
Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income
Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»
Philippines upper middle-income status seen to boost insurance penetration
Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»
Beyond the Raise: Mastering Financial Prosperity Post-Income Boost
Are you still feeling broke even if you already had a salary increase or a new stream of income? You are not alone. Feeling broke can sometimes not be just not a feeling — it can be your real situation. Feeling broke despite an increase in income can be caused by different factors, which include […].....»»
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......»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees
Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»
Real property and business owners may pay their dues while malling
MANILA Mayor Honey Lacuna said that the payment of real property and business permits can now be done on the side, while malling. The lady mayor said that owners of businesses and real properties in the city have the option of settling their dues in a shopping mall, apart from doing it online or within […].....»»
‘Traslacion not a COVID-19 supers preader event’
The traslacion or the annual procession of the image of the Black Nazarene, which drew millions of devotees, did not cause a massive COVID transmission, Manila Mayor Honey Lacuna-Pangan said on Friday......»»
Manila council OKs preserving Mali’s remains
The city council of Manila passed a resolution on Thursday authorizing Mayor Honey Lacuna-Pangan to enter into a contract with a taxidermy firm to preserve the remains of Mali, Manila Zoo’s elephant and main attraction......»»
Laurel pushing for lower food freight costs
The country’s prevailing freight rates on agricultural shipments must be “discounted” to keep food prices nationwide “affordable,” Agriculture Secretary Francisco Tiu Laurel said. Laurel said that he would propose to the Philippine Ports Authority to implement a “discounted” freight rate for agricultural and food products......»»
Cebu offers prospects for US agricultural exporters
Cebu offers strong opportunities for direct shipments of US agricultural exports, driven by the feed and food manufacturing, food service and food retail sectors, according to the United States Department of Agriculture......»»
Manila LGU walang balak humingi ng kapalit ni Mali sa Sri Lanka
NILINAW ni Manila City Mayor Honey Lacuna nitong Martes, January 9, na hindi humihingi ang lungsod ng Maynila ng bagong elepante sa Sri Lankan government kapalit ni Mali. Matatandaang noong November 2023 nang pumanaw ang nag-iisang elepante ng Pilipinas na mahigit apat na dekada ring naging parte ng kabataan ng bawat Pilipino lalo na ng.....»»
Minister MacAulay promotes Canada s world-class products in Malaysia and the Philippines
The Government of Canada is deepening ties in the Indo-Pacific region - a key market for Canadian farmers, fishers, and the agri-food sector. February 23, 2024 - Ottawa, Ontario - Agriculture and Agri-Food Canada This week, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, visited Malaysia and the Philippines to strengthen regional partnerships and create ne.....»»
Minister MacAulay promotes Canada s world-class products in Malaysia and the Philippines
The Government of Canada is deepening ties in the Indo-Pacific region - a key market for Canadian farmers, fishers, and the agri-food sector. February 23, 2024 - Ottawa, Ontario - Agriculture and Agri-Food Canada This week, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, visited Malaysia and the Philippines to strengthen regional partnerships and create ne.....»»
Philippine food firms’ sales hit $133 million in Dubai fair
Philippine food companies generated $133 million worth of export sales from a food trade show held in Dubai last month, according to the Center for International Trade Expositions and Missions......»»