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Cebu City crime rate dropped by over 83% in 1stquarter of 2024 — CCPO
CEBU CITY, Philippines — The head of the Cebu City Police Office (CCPO) disclosed that there was a significant decrease in the number of crime incidents recorded in the first quarter of 2024 compared to last year. “We are happy na sa first quarter of this year, icompare nimo sa previous year, nagbaba gyud atong.....»»
Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24
Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24.....»»
GSMI income shrinks sans one-time gain
Earnings of Ginebra San Miguel Inc., the hard liquor unit of San Miguel Corp., declined in the first quarter despite higher revenues on the absence of a one-time gain......»»
Pag-IBIG members save record P28 billion in 3 months
Member savings collections of the Home Development Mutual Fund, commonly known as Pag-IBIG, reached a record P28.75 billion in the first quarter, allowing the agency to finance the higher demand for home loans......»»
Strong core businesses underpin GT Capital Q1 performance
Conglomerate GT Capital Holdings Inc. delivered higher earnings in the first quarter, bolstered by the strong performances of its core businesses......»»
Philippines sees remittances rise 2.6 pct in March
MANILA, May 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3.05 billion U.S. dollars in March, recording a 2.6 percent growth year-on-year, the Philippine central bank said on Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances in the first quarter amounted to 9.15 billion dollars, 2.8 percent higher than the amount in the same period in 2023. The.....»»
Balai off to a hot start with higher income
Listed bakery operator Balai ni Fruitas Inc. is off to a hot start in 2024, with net income surging by 38 percent to P13.2 million in the first quarter......»»
Higher tariff, water use buoy Manila Water earnings
Razon-led Manila Water Company Inc. saw its first quarter net income grow by more than a third compared to last year on the back of higher tariff coupled by increase in water usage in its covered areas......»»
Axelum turns around in Q1 on higher sales
Higher sales helped Axelum Resources Corp. post a positive turnaround in the first quarter......»»
PBCom profit drops 8.4 percent in 3 months
Philippine Bank of Communications posted a net income of P496 million in the first quarter of the year, down by 8.4 percent from a year ago due to higher operating expenses......»»
F& B firms post strong earnings in January-March
Food and beverage firms led by Ramon Ang and the Po family recorded strong first quarter results on the back of higher sales for the period......»»
Mactan airport records higher passenger traffic for Q1 2024
CEBU CITY, Philippines — The country’s second busiest airport welcomed close to 3 million passengers for the first quarter this year. Passenger traffic at the Mactan Cebu International Airport (MCIA) reached 2,692,815 from January to March 2024, data from the Mactan Cebu International Airport Authority (MCIAA), the government body co-managing the airport, showed. The figures.....»»
AboitizPower earnings rise 4 percent to P7.9 billion in Q1
Aboitiz Power Corp. hiked its net income by four percent in the first quarter to P7.9 billion due to higher generation portfolio margins......»»
SM Prime builds up profit to P10.5 billion
Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls......»»
PAL profit tumbles on price pressures
Flag carrier Philippine Airlines felt the shock of ballooning prices of fuel and services in the first quarter of the year, suffering a 13- percent drop in profit due to higher spending......»»
Meralco powers core income higher by 11 percent to P10.1 billion in Q1
Pangilinan-led power firm Manila Electric Co. reported a consolidated core net income of P10.1 billion in the first quarter, up by 11 percent from P9 billion in the same period last year......»»
Business units power up AEV profit to P4.9 billion in Q1
Conglomerate Aboitiz Equity Ventures Inc. (AEV) registered strong profitability in the first quarter, driven by higher contributions from its business units......»»
Robinsons Retail posts higher earnings in Q1
Higher sales from new stores and sustained demand in the food retail and drugstores segments boosted earnings of Gokongwei-owned Robinsons Retail Holdings Inc. in the first quarter......»»
Meat imports up 3 percent in Q1
The country’s meat imports grew by three percent to over 270,000 metric tons in the first quarter on the back of higher pork purchases, latest government data showed......»»
BPI bullish this year amid continued loan growth
After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»