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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......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
Fudging
The Senate hearing that focused on Miru Systems, the technology provider that bagged the P18-billion contract for the counting system to be used in the next elections, was not very encouraging......»»
Comelec signs P17.99B contract with Miru for automated 2025 polls
MANILA, Philippines — An almost P18-billion contract was signed on Monday between the Commission on Elections (Comelec) and the South Korean firm Miru Systems Co. Ltd. (Miru Systems) for the lease of an automated election system to be used in the 2025 midterm elections. Miru Systems was the sole bidder for the lease of a.....»»
Prototype
With something akin to undue haste, the Commission on Elections awarded the P18-billion automation contract to Miru Systems. This is the largest election automation contract ever awarded anywhere......»»
After SC victory, young activists face arrest as local court issues warrant
The Bulacan local court, which orders the arrest, sets a bail amounting to P18,000 each for Jonila Castro and Jhed Tamano.....»»
Onion prices plunge; DA suspends imports
The Department of Agriculture has ordered the suspension of onion imports as the farmgate price of white onions went down to P18 per kilo amid the flooding of imported bulbs......»»
Private firms to bankroll P18 billion Pasig rehab
The country’s top businessmen are backing the government’s rehabilitation of the Pasig River, a vital waterway and prominent landmark and tourist attraction......»»
Landbank eyes digital expansion
State-run Land Bank of the Philippines is targeting to reduce over-the-counter transactions as it moves to expand its digital services for customers......»»
Landbank, BOC streamline payment system
The Bureau of Customs and the Land Bank of the Philippines have teamed up to facilitate a digital payment scheme for various customs processes......»»
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.”.....»»
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 […].....»»
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 […].....»»
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......»»
Landbank income exceeds P40 billion mark
State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»
GSIS income rises to P37 billion in January-March
The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»
Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»
Globe profit down to P6.8 billion in Q1
Mobile giant Globe Telecom Inc. incurred another quarter of lower profit as it reeled from broadband losses and quicker depreciation......»»
LTG delivers steady profit
LT Group Inc. of taipan Lucio Tan posted a slight improvement in its profit in the first quarter as strong performances from its banking and beverage units were weighed down by lower earnings contributions from other businesses......»»
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»