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BDO profit climbs to P18.5 billion in Q1

The net income of BDO Unibank Inc. rose by 12.2 percent to P18.5 billion in the first quarter from P16.5 billion in the same period last year on the back of sustained growth across its core businesses......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

PLDT borrows P1 billion in green loans

Telco giant PLDT Inc. has borrowed P1 billion from the green loan facility of HSBC Philippines to bankroll the expansion and upgrade of its fiber network......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

EastWest Bank profit hits P6.1 billion

Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Apex Mining profit grows 2% to P3.4 billion

Razon-led Apex Mining Co. Inc. grew its net income by two percent to P3.41 billion in 2023 from P3.34 billion in 2022 on the back of higher revenue brought about by better metal prices......»»

Category: financeSource:  philstarRelated NewsApr 18th, 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

Ayala Corp profit hits record high in 2023

Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Philippine exports breach $100 billion mark in 2023

Total Philippine exports breached the $100-billion level for the first time last year, but fell short of the government and private sector’s target......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Higit 100 katao dinukot ng armadong grupo sa Nigeria

HIGIT sa 100 katao ang dinukot ng mga armadong lalaki nang salakayin ng mga ito ang tatlong nayon sa hilagang-kanluran ng Nigeria noong Sabado. The post Higit 100 katao dinukot ng armadong grupo sa Nigeria first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 13th, 2024

Robinsons Land Q1 profit: P4.1-B (+53%)

Robinsons Land [RLC 15.20 ?0.8%; 26% avgVol] [link] teased its Q1 results on Friday, revealing that its net income attributable for the quarter reached P4.07 billion, a 53% y/y increase.....»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

JG Summit FY23 profit: P19.6-B (up 216%)

JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Rights groups call for a safer environment for children

By DOMINIC GUTOMAN Bulatlat.com MANILA – Half a million Filipino children were trafficked for the production of new child sexual exploitation material in 2022, according to rights groups. Over the past 15 years, online child sexual abuse material surged by 15,000 percent, according to non-profit organization Thorn: Digital Defenders of Children. Women’s group Gabriela attributed… The post Rights groups call for a safer environment for children appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 19th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: newsSource:  manilanewsRelated NewsFeb 9th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Cebu Pacific books P8 billion profit in 2023

Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Banks reap P92 billion profit in 3 months

Philippine banks turned more profitable in the first quarter, reaping almost three percent higher earnings to P92 billion due to higher net interest income. .....»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

SM Investments FY23 net income up 25% to P77-B

SM Investments teased its FY23 results with a headline 25% improvement in its net income to P77.0 billion, backed by an 11% increase in consolidated revenues and strong performances across its portfolio, particularly in the banking and property development segments......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

RLC posts record P12.1 billion profit in 2023

Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

GMA Network profit falls to P3.2 billion in 2023

Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

PLDT back on growth track, doubles profit to P26.61 billion

Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Enrile 100-anyos na ngayong V-Day, tatanggap ng P100k cash gift

NGAYONG Valentine’s Day, February 14, ipinagdiriwang ni Chief Presidential Legal Counsel at dating Sen. Juan Ponce Enrile ang kanyang ika-100 kaarawan. Kaya naman isa siya sa mga Pinoy na magse-celebrate ng kanilang 100 years ngayong taon na makakatanggap ng P100,000 centenarian cash gift, base na rin sa nakasaad sa Centenarians Act of 2016. Ayon sa Centenarians.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024