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Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth

For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»

Category: newsSource:  metrocebuRelated NewsApr 25th, 2024

Premium Leisure Corp to be voluntarily delisted

The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

PhilHealth premium hike still under review — Palace

Communications Secretary Cheloy Garafil said President Ferdinand Marcos Jr. has yet to greenlight any increase in PhilHealth’s premium rates to ensure the fairness of any additional cost for its members......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Traders, importers to buy local raw sugar at premium

Sugar traders are keen on purchasing 300,000 metric tons of local raw sugar at a premium price in exchange for getting a priority allocation in future import programs of the government......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DOH supak sa umento sa Philhealth premium

DOH supak sa umento sa Philhealth premium.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Premium sa Philhealth misaka sa Enero 1

Premium sa Philhealth misaka sa Enero 1.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Hindi namin magagamit : OFWs demand 5% PhilHealth premium hike scrapped

The biggest organization of overseas Filipino workers (OFWs) and migrant Filipinos slammed President Ferdinand Marcos Jr.'s administration for increasing members’ premium contribution to PhilHealth from 4% to 5% this year......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Sun Life reigns as top insurance company for 13th year in a row

This milestone comes on the heels of Sun Life’s 129th anniversary, making it the first and longest-standing life insurance company in the Philippines......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

Group seeks suspension of PhilHealth premium hike

With the financial difficulties that workers continue to face, the labor group Federation of Free Workers is seeking suspension of the increase in premiums for the Philippine Health Insurance Corp. or PhilHealth this year......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

EDITORIAL — Higher fees, higher expectations

With no order from President Marcos stopping the move, the Philippine Health Insurance Corp. increased starting this month its members’ premium contributions, from four percent to five percent......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

PhilHealth members’ contribution rises to 5% in 2024

MANILA, Philippines — Philippine Health Insurance Corp. (PhilHealth) members will see a premium contribution hike from four to five percent this year. The increase is in line with the Universal Health Care (UHC) law, according to PhilHealth President and Chief Executive Officer Emmanuel Ledesma, Jr. “Kailangan natin ng pondo para matugunan ang ating mga nasimulang.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsMar 14th, 2024

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% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

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......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Suspension of PhilHealth contributions sought for minimum wage earners

An economist-lawmaker from the House of Representatives has proposed to suspend the Philippine Health Insurance Corp. premium contributions of all minimum wage earners to increase their take-home pay......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024