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PLDT cited among world’s best procurement teams

The country’s largest integrated telco, PLDT, is among the global organizations recognized at the prestigious World Procurement Awards 2024, for having achieved procurement excellence......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

PUVMP consolidation rate reaches 81% – LTFRB

An 81 percent consolidation rate for jeepneys has been achieved under the public utility vehicle modernization program (PUVMP), according to the Land Transportation Franchising and Regulatory Board......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

SMC removes 6 million MT waste in river cleanup drive

San Miguel Corp. has achieved a new milestone in its river cleanup advocacy, having removed a total of six million metric tons of silt and solid waste from various river systems in and around Metro Manila......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

ACEN attains 5-GW renewable energy goal ahead of target

It is mission accomplished for ACEN Corp., the listed energy platform of the Ayala group, having achieved its five gigawatts (GW) of renewable energy capacity target a year ahead of schedule......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Bad for Phl’s image

While President Ferdinand Marcos has been wooing private companies, both local and foreign, to partner with the government and to invest in infrastructure development in order to fuel his administration’s push for economic growth and more jobs, there are some in government who seem to be sending a completely opposite message and who are bent on sabotaging whatever gains the country has achieved so far......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Alliance Global Posts Record-Breaking P30-B Net Income in 2023

Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, achieved a record-breaking net income of P30.3 billion, up 20% year-on-year despite higher inflation, which pushed overall costs and expenses up during the period. Attributable net profit stood at a new high of P19.6 billion, reflecting a 21% increase from the […].....»»

Category: newsSource:  metrocebuRelated NewsApr 18th, 2024

Budget surplus unlikely to last – Recto

The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion

Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

Creighton Upsets UConns 14-Game Win Streak

Creighton Secures Historic Victory Against UConn Creighton University’s men’s basketball team achieved a milestone victory over the University of Connecticut, marking their first win against.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 21st, 2024

SSS Surpass 2023 Revenue Target by 9.5%

The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

Japan successfully launches next-generation H3 rocket after failure last year

TOKYO (Reuters) -Japan successfully launched its new H3 flagship rocket on Saturday, putting its satellite programme back on track after multiple setbacks including the failure of the rocket’s inaugural flight last year. The launch also marks a second straight win for the Japan Aerospace Exploration Agency (JAXA) after its moon lander, SLIM, achieved a “pinpoint”.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Remolino, Alcoseba sine in Sunrise Sprint race

Kim Remolino and Faith Alcoseba lived up to pre-race hype but achieved victories in distinct styles in the Go for Gold Sunrise Sprint at the CamSur Watersports Complex here Sunday......»»

Category: sportsSource:  philstarRelated NewsFeb 12th, 2024

Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong

Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

Biz Bureau surpasses 43-K permit renewals

The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Japan becomes the fifth country to land a spacecraft on the moon

TOKYO  — Japan became the fifth country in history to reach the moon when one of its spacecrafts without astronauts successfully made a soft landing on the lunar surface early Saturday. However, space officials said they needed more time to analyze whether the Smart Lander for Investigating Moon, or SLIM, achieved its mission priority of.....»»

Category: newsSource:  inquirerRelated NewsJan 21st, 2024

2023 annual sales by Geely Holding Brands rise 20% to 2.79m units

For the sixth consecutive year, Geely Holding achieved more than 2 million units in aggregate sales......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

The Jets on family, music and legacy

The Jets, a Tongan-American family band that was formed in 1977 in Minneapolis, Minnesota, achieved global success from 1985 to 1990 with three world tours and five Top 10 hits on the US Billboard Hot 100. Renowned for songs like Crush on You, You Got It All, and Make It Real, the group has navigated the “challenges” of working together daily, maintaining resilience and cohesion......»»

Category: entertainmentSource:  philstarRelated NewsJan 17th, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024