How does LTG derive income from PNB when PNB hasn’t declared dividends?
I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»
Philippines upper middle-income status seen to boost insurance penetration
Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»
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% […].....»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income
Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»
An evolving threat: The struggle of cybersecurity
This, he said, does not mean merely using bits and pieces of available technology but rather an overall revamp and paradigm shift when it comes to how they conduct their operations......»»
‘Tired’ Donny Pangilinan hasn’t taken a day off for 5 months
Although grateful for the blessings coming his way, Donny admitted being so tired from working as the actor who just turned 26 last February 10 said that he has not taken a proper rest day for the past five months......»»
Manila court orders DFA to cancel passport of ex-NegOr Rep. Teves
A Manila court has ordered the Department of Foreign Affairs to cancel the passport of expelled Negros Oriental Rep. Arnolfo Teves Jr. who is facing multiple charges and has been declared a fugitive from justice, the Department of Justice (DOJ) confirmed on Friday. “Although the freedom to travel is guaranteed, it does not give one an unlimited.....»»
What does the Davraa Meet 2024 logo and theme, ‘1Team, 1Dream,’ mean?
What does the Davraa Meet 2024 logo and theme, ‘1Team, 1Dream,’ mean?.....»»
Does Rodrigo Duterte deserve the Datu Bago award?
DAVAO CITY, Philippines – Does Rodrigo Duterte, former president and long-time mayor of Davao City, deserve this year’s Datu Bago........»»
What does it mean to you to act justly, love mercy, and walk humbly with God?
What does it mean to you to act justly, love mercy, and walk humbly with God?.....»»
Rights group says PH gov’t does not listen to experts
“They are faking these all, as the Marcos Jr. [administration] has stepped up its policy of wanton repression against the people, violating rights and basic freedoms including our freedom of expression." The post Rights group says PH gov’t does not listen to experts appeared first on Bulatlat......»»
PNB asset sale seen to yield P5.4 billion
Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»
CREIT FY23 profit: P1.4-B (up 12%)
Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»
CREIT FY23 profit: P1.4-B (up 12%)
Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»
How can you freely express your gratitude to God through your emotions today?
How can you freely express your gratitude to God through your emotions today? How might you make others feel comfortable about sharing their tears?.....»»
TAUSUG IN DOHA: Keeping In Touch: The Then and Now
DOHA, Qatar (MindaNews / 21 January) — Have you ever thought about how communication has evolved over the years? It’s fascinating to compare how we communicate now and how we did in the past. Back then, communication between people, especially those who were geographically distant, was difficult because there were no mobile phones, internet, or social […].....»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
Lawmaker wants Quiapo declared heritage zone
A congressman from Manila yesterday renewed his call for Quiapo to be declared as a “heritage zone” so that historical structures and old houses in the area could be preserved......»»
Phoenix lacks the retained earnings to pay PNX4 and PNX3B divs
The PSE sought an update from Dennis Uy’s Phoenix Petroleum on the non-payment of dividends to shareholders of its PNX4 preferred shares and PNX3B preferred shares......»»