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Government eyes e-bike regulation

After receiving complaints from motorists, the government plans to regulate e-bikes and electric tricycles by banning these vehicles from major thoroughfares in Metro Manila......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Approved foreign investments into Philippines fall 63.6 pct in Q1

MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

Low copper prices bring down Atlas Mining income by 65%

Earnings of Atlas Consolidated Mining and Development Corp. plunged by 65 percent to P1.12 billion in 2023 from P3.22 billion in 2022 due to lower global copper prices and payment of loans......»»

Category: financeSource:  philstarRelated NewsMar 6th, 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

Jollibee eyes P8 billion share sale this year

Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Jollibee eyes P8 billion share sale this year

Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Asialink eyes P2.4 billion in truck loans as e-commerce grows

Asialink Finance Corp. is looking at lending as much as P2.4 billion this year to the fast growing market for brand new and used trucks that are essential to the growth of e-commerce and logistics......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

First Gen income up 4 percent to P15.4 billion in 2023

Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Jollibee FY23 profit: P8.8-B (up 16%)

Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

USD3.32-B Loan Approved by BSP

On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»

Category: newsSource:  metrocebuRelated NewsJan 24th, 2024

Globe subsidiary eyes bringing eco-friendly scooter in Cebu

Globe subsidiary eyes bringing eco-friendly scooter in Cebu.....»»

Category: newsSource:  sunstarRelated NewsMay 16th, 2024

Bacolod eyes partnering with pharmacies for medical assistance

Bacolod eyes partnering with pharmacies for medical assistance.....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

Ilocos Norte town eyes solar power irrigation system to aid farmers

Ilocos Norte town eyes solar power irrigation system to aid farmers.....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

BCPO eyes task force to solve bizman s slay

BCPO eyes task force to solve bizman s slay.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

DOLE eyes better relations with private sector to increase quality jobs

DOLE eyes better relations with private sector to increase quality jobs.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Bacolod eyes on acquiring mobile command center

Bacolod eyes on acquiring mobile command center.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Bacolod eyes construction of 4 primary care facilities

Bacolod eyes construction of 4 primary care facilities.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

Cebuano pug eyes 1st Regional belt

Cebuano pug eyes 1st Regional belt.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

UST eyes first-round sweep in UAAP women s volleyball - pna.gov.ph

UST eyes first-round sweep in UAAP women's volleyball pna.gov.ph.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 16th, 2024

Nicole del Rosario: Accidental triathlete Eyes Seag stint

Nicole del Rosario: Accidental triathlete Eyes Seag stint.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024