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Gaming revenues beat target, hit record P285 billion in 2023

The local gambling industry continued to take advantage of increased operational capacity, with its gross gaming revenues exceeding targets and hitting a record P285 billion in 2023......»»

Category: financeSource: philstar philstarJan 16th, 2024

IT-BPM revenue hits $35.5 billions

Revenues of the information technology-business process management industry climbed by more than nine percent to hit $35.5 billion in 2023 from $32.5 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

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......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

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......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Milk tariff collections rise by 31% to P2.4 billion

Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest in at least eight years, from P1.8 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

BDO profit hits record P73.4 billion in 2023

BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

GSIS non-life insurance premiums hit record high P9.8 billion in 2023

State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

CREIT income rises to P1.4 billion in 2023

Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

SSS surpasses 2023 target

State-run pension fund Social Security System saw its net income reach a record P83 billion in 2023 on the back of the mandatory contribution hike and the increase in new members......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

BIR to boost digital efforts to hit P3T target

BIR to boost digital efforts to hit P3T target.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

China Bank Savings profit hits record high in 2023

The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Megaworld posts record financial outcome in 2023

Real estate giant Megaworld Corp. capped off 2023 with a record financial performance, posting a net income of P19.4 billion, 26 percent higher year-on-year......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

3M bagong botante target ng Comelec

Malapit nang makamit ng Commission on Elections (Comelec) ang target na tatlong milyong bagong botante para sa 2025 elections. The post 3M bagong botante target ng Comelec first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 29th, 2024

Nexus Baicon Fan Fair 2024: Celebrating PH gaming enthusiasts and icons 

Nexus Baicon Fan Fair 2024: Celebrating PH gaming enthusiasts and icons .....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Acer releases Predator Helios 18 gaming laptop

Acer has launched another state-of-the-art gaming laptop that will change how games are experienced......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

Casino gaming around the globe

Gaming has always been a popular human activity. Long before land-based casinos were built, casino games existed and flourished. Bingo, for example, first appeared in.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 28th, 2024

Confiscated gaming machines destroyed in Mt. Province

More than a dozen seized coin slot gaming machines, popularly called “kulalongs” in Mt. Province, were destroyed in a public demonstration at the Bontoc municipal grounds led by town officials on Monday......»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

How to be a responsible gamer

“Responsible gaming,” according to the Association of Certified Gaming Compliance Specialists, is “the practice of gambling in a way that minimizes the potential negative effects that it can have on individuals and society.”.....»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

What impact could a potential POGO ban have on the REITs?

I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024