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Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Lapu-Lapu City drowning: 5-year-old drowned by own half brother
LAPU-LAPU CITY, Cebu — A 5-year-old boy died after he was allegedly drowned by his own half-brother while they were swimming in the seawaters of Sitio Lawis, Brgy. Suba-Basbas in Lapu-Lapu City on Friday, May 10, 2024, at around 9 a.m., police said. Before drowning his stepbrother, the 14-year-old suspect allegedly hit the head of.....»»
Cebu Daily Newscast: 16-year-old girl killed, 2 other minors injured in Liloan shooting
Listen to Cebu Daily Newscast to know the latest news in and around Cebu. Here are the latest stories as of Thursday, May 9. 16-year-old girl killed, 2 other minors injured in Liloan shooting A 16-year-old girl was killed, and two other minors were injured during a shooting in Barangay Yati in Liloan town on.....»»
Man, 4-year-old daughter shot dead in Abra
A 44-year-old man and his four-year-old daughter were gunned down in Sitio Quemmel, Barangay Lubluba in Dolores, Abra on Wednesday night......»»
2 children dead in Philippine fire
MANILA, April 19 (Xinhua) -- Philippine police reported Friday that two children died in a fire after they were trapped inside their hut in Cavite province, south of Manila. Police said the fire gutted the siblings, the four-year-old girl and her three-year-old brother, around 3 p.m. local time Thursday. The children's 22-year-old mother told investigators that she left the siblings in the house to gather.....»»
Man from Barili nabbed for ‘raping’ 5-year-old stepdaughter
CEBU CITY, Philippines – A 31-year-old man from Barili town in southwestern Cebu has admitted to raping his 5 year-old stepdaughter on Monday after he reportedly heard someone whisper in his ears, telling him to sexually abuse the girl. The suspect told Barili police that he was sorry for what he did. Police Staff Sergeant.....»»
Mother nabbed for ‘sexually exploiting’ 8-year-old daughter online
CEBU CITY, Philippines – A 31-year-old mother from Cebu City will be spending some time in jail after she was nabbed for allegedly peddling her 8-year-old daughter by offering the child’s explicit photos and videos to foreign customers online. The suspect (name withheld) was tagged as a high-volume producer and seller of child pornography. The.....»»
DBP seeks capital buildup of up to P300 billion
State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»
RTB issue hikes borrowings to P420 billion in February
The government borrowed 22 percent more in February primarily due to the issuance of Retail Treasury Bonds aimed at financing state projects......»»
Security Bank earns P2.6 billion in Q1
Security Bank Corp. earned 11 percent more to P2.62 billion in the first three months from P2.36 billion in the same period last year amid the robust growth in the bank’s retail and micro, small, medium enterprise businesses......»»
RCBC income nets P2.2 billion in Q1
Rizal Commercial Banking Corp. reported a net profit of P2.2 billion in the first quarter, 39.4 percent lower compared to the P3.64 billion recorded in the comparable quarter last year......»»
Cebu Landmasters reports P6.235 billion revenue for Q1 2024
During the annual stockholder’s meeting on Friday, Jose Franco Soberano, the firm’s senior executive vice president, said that the company's first-quarter revenue in 2024 surged by 31%, reaching P6.235 billion from P4.777 billion last year......»»
First Gen income drops to P4.5 billion
The profit of Lopez-led power firm First Gen Corp. declined by nine percent to P4.5 billion in the first quarter from a year-ago level of P4.9 billion on the back of lower earnings from its geothermal and natural gas units......»»
GOCC dividends surge to P88.6B - The Manila Times
DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»
Petron earnings grow 16 percent to P3.9 billion in Q1
The net income of Petron Corp. went up by 16 percent to P3.93 billion in the first quarter from P3.4 billion in the same quarter last year on the back of higher sales volume......»»
Semirara Q1 profit: P6.5-B (down 28%)
Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»
Chinabank profit jumps 18 percent to P5.9 billion
The earnings of China Banking Corp. grew by 18 percent to P5.9 billion in the first quarter from P5 billion in the same period a year ago, driven by sustained expansion of its core business......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»