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A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
PSC confident WADA issue resolved soon
The Philippine Sports Commission is extremely confident the brewing issue with the World Anti-Doping Agency, which has placed the country under threat of suspension from international competitions, will be resolved sooner than expected......»»
Andrea Brillantes evades KathNiel issue at Senior High presscon
Actress Andrea Brillantes attended the grand finale media conference of her series "Senior High" but was not available to answer questions from the press amid the Daniel Padilla issue. .....»»
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......»»
GSIS income surges to P113 billion in 2023
The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»
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......»»
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......»»
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.....»»
San Miguel board approves P20-B bond issuance
San Miguel disclosed that its board of directors has approved a P20 billion issuance of fixed-rate Peso-denominated bonds......»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
Lim: The Rx issue
Lim: The Rx issue.....»»
CPA, Cebu City Gov t must talk to resolve issue - Bautista
CPA, Cebu City Gov t must talk to resolve issue - Bautista.....»»
Marcos defends VP Sara’s silence over West Philippine Sea issue
Marcos defends VP Sara’s silence over West Philippine Sea issue.....»»
Moira Dela Torre s quote card on Lenka-Shaira issue fake — Cornerstone
Cornerstone Entertainment debunked a quote card about Moira Dela Torre allegedly commenting on the Lenka and Shaira issue......»»
Jake Ejercito reacts to netizen s comment on his alleged silence during Andi Eigenmann-Albie Casiño issue
Jake Ejercito responded to an online user's comment about him being mum at the height of the issue between his ex-girlfriend Andi Eigenmann and actor Albie Casiño. .....»»
Moira Dela Torre highlights value of giving credit following viral copyright issue
Moira Dela Torre weighed in on the viral copyright issue and said that it is important to give credit where credit is due. .....»»
Shaira takes down Selos following copyright issue over Lenka song
Mindanao-based singer and "Queen of Bangsamoro Pop" Shaira Moro has taken down her viral song "Selos" on all streaming platforms after a copyright issue was raised......»»
Love the idea, failed execution : RR Enriquez chimes in on Chocolate Hills resort issue
Host-model and self-titled "Sawsawera Queen" RR Enriquez shared her thoughts regarding the viral issue of a resort situated in the vicinity of Bohol's Chocolate Hills......»»
Robin Padilla on gluta drip issue vs wife Mariel: ‘Nakakatawa’
MANILA, Philippines — Sen. Robinhood “Robin” Padilla finds it “nakakatawa” [laughable] that the gluta drip session of his wife, actress Mariel Padilla, became a “political issue” just because it was done at his office. A photo of the gluta drip session made rounds on social media after the actress posted it on her Instagram on.....»»