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DoF considering IPOs for LandBank, DBP

The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

4Ps beneficiaries attend financial literacy orientation

Some 58 beneficiaries of Pantawid Pamilyang Pilipino Program (4Ps) attended the orientation for the pilot implementation of the 4Ps Digital Financial Literacy Program on Saturday (February 24) at the Department of Social Welfare and Development’s (DSWD) Central Office Auditorium in Quezon City. Representatives from the Landbank of the Philippines (LBP); Bank of the Philippine Islands […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

4Ps beneficiaries learn digital financial literacy from experts

Some 58 Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries learn the importance of digital literacy and savings during the pilot implementation of the 4Ps Digital Financial Literacy Program on Saturday (February 24) at the DSWD Central Office Auditorium, Quezon City. Resource speakers from Landbank of the Philippines (LBP), Bank of the Philippine Islands (BPI) Foundation, and […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

Landbank-DBP merger not pushing through – Recto

The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Penalty for water pollution hiked

The Laguna Lake Development Authority has increased the penalty imposed on companies found polluting Laguna de Bay from P10,000 to P11,000 daily......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

27 Moro cooperatives get agri inputs from BARMM

Up to 27 large cooperatives of marginalized farmers in Bangsamoro barangays in Cotabato province, mostly former Moro secessionist guerillas, had received P11.9 million worth of farming supplies and livestock feeds from the regional autonomous government......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Leyte bettor wins P11 million lotto pot

A lone bettor from Abuyog, Leyte won the jackpot in the 6/42 Regular Lotto draw on Tuesday night, according to the Philippine Charity Sweepstakes Office......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Farmgate price of red onions drops to P29/kilo

The farmgate price of onions further declined to P29 per kilo compared to the previous P40 per kilo or a decrease of P11, according to farmers’ group Samahang Industriya ng Agrikultura yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Singil sa kuryente magtataas ngayong Pebrero, ayon sa Meralco

TATAAS nanaman ang singil sa kuryente ngayong Pebrero! Ayon sa power distributor na Manila Electric Co. (Meralco), asahan na madaragdagan ng P0.5738 kada kilowatt-hour (kWh) ang binabayarang kuryente. Ang ibig sabihin niyan, ang overall electricity rate ay papatak ng P11.9168 kada kWh ngayong buwan. Ang residential customers na kumukunsumo ng 200kWh kada buwan ay may.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2024

Zeinab nakabili ng bagong sasakyan na nagkakahalaga ng P7-M hanggang P11-M

BONGGA pala ang regalo ng content creator at aktres na si Zeinab Harake para sa kanyang 25th birthday last December 11. Itinuturing ni Zeinab na isang milestone ang pagkakabili niya ng bagong sasakyan for herself – ang Lexus LM luxury van. Sa Instagram, excited na in-announce ni Zeinab sa kanyang mga followers na finally ay.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

SEC OKs Citicore Renewable IPO

The Securities and Exchange Commission has given its green light to the P11.252-billion initial public offering of Citicore Renewable Energy Corp......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Philippine National Bank s Q1 2024 net income hits P5.3 billion

Philippine National Bank s Q1 2024 net income hits P5.3 billion.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Robinsons Land clinches P4.7 billion net income in Q1 2024

Robinsons Land clinches P4.7 billion net income in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

AllHome FY23 profit: P797-M (down 15%)

AllHome posted a FY23 net income of P797 million, down 15% from its FY22 net income of P933 million......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

UnionBank income plummets in Q1

Union Bank of the Philippines booked a net income of P2 billion in the first quarter, down by 41.2 percent from the same period a year ago, as the bank continued to allocate resources toward its takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth

For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»

Category: newsSource:  metrocebuRelated NewsApr 25th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024