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DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Ports regulator posts record high revenue
The Philippine Ports Authority has posted a new all time high revenue in 2023......»»
LTO eyes P43B revenue, vehicle registration
LTO eyes P43B revenue, vehicle registration.....»»
SBMA posts P4B revenue in 2023
SBMA posts P4B revenue in 2023.....»»
Correction over collection
Secretary Ralph Recto has reportedly “ordered” the Bureau of Internal Revenue and the Bureau of Customs to work together in order to achieve the revenue collection target of P4 trillion-plus for 2024......»»
Government t sees more revenue from e-cigarette taxes
The domestic electronic cigarette and vape industry are expected to contribute in hitting the government’s revenue collection goal, as players are urged to pay the right taxes amid Filipinos’ shift to alternative smoking......»»
LRTA breaches pre-pandemic revenue level
The Light Rail Transit Authority reaped the benefits of economic reopening in 2023 as its revenue breached pre-pandemic levels......»»
CEE revenue 12.8% higher in 2023
CEE revenue 12.8% higher in 2023.....»»
Moody’s: BSP rate cut could start in August
The Bangko Sentral ng Pilipinas could cut borrowing costs by 25 basis points as early as August, and another 25 bps in the fourth quarter, if inflation and the peso stabilize in the second half of the year, Moody’s Analytics said......»»
10 NPA revolutionary tax collectors in Bukidnon surrender
Ten members of the New People’s Army from a group that forcibly collected money on monthly basis from hapless farmers and merchants turned in 18 assorted firearms and explosives and pledged allegiance to the government in Maramag, Bukidnon on Tuesday......»»
Philippines welcomes G7 backing in South China Sea dispute
In a meeting communiqué, G7 foreign ministers expressed their concerns about the situation in the South China Sea and stressed there is no legal basis for China’s expansive maritime claims in the strategic waterway. .....»»
BSP seen to cut rates by 100 bps this year
The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»
CA reverses Ombudsman s dismissal order of ex-MIAA execs
In granting Chiong and Montalbo’s petition, the Court of Appeals said that it found that the Ombudsman’s decision “lack factual basis and substantial support in evidence.”.....»»
Talamban’s all-women firefighting crew takes charge
CEBU CITY, Philippines – Fire incidents pose a major threat to the lives of everyone in Cebu City, where fires reportedly happened on a daily basis in 2023. Fortunately, there are thousands of individuals who are bravely taking the task of responding to fires despite the danger. In Cebu City, there is a total of.....»»
ED attaches asset worth Rs 70 lakh in bank fraud implicating Hyderabad-based Jasleen Enterprises
New Delhi [India], March 28 (ANI): The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. The Hyderabad division of the ED attached the fixed asset in accordance with the stipulations outlined in the Prevention of Money Laundering Act (PMLA) of 2002. ED initiated investigation on the basis of First Informati.....»»
China s claims over Taiwan lack a legal basis under international law, says envoy to Switzerland
Taipei [Taiwan], March 9 (ANI): Taiwan's representative to Switzerland, David WF Huang, reiterated Taiwan's sovereignty in a keynote speech in Switzerland, Focus Taiwan reported.Invited by the Swiss think tank Foraus, Huang addressed nearly 200 attendees at the University of Zurich, highlighting recent developments in the Taiwan Strait, including China's adjustment of the M503 flight path.According to Foc.....»»
China s claims over Taiwan lack a legal basis under international law, says envoy to Switzerland
Taipei [Taiwan], March 9 (ANI): Taiwan's representative to Switzerland, David WF Huang, reiterated Taiwan's sovereignty in a keynote speech in Switzerland, Focus Taiwan reported.Invited by the Swiss think tank Foraus, Huang addressed nearly 200 attendees at the University of Zurich, highlighting recent developments in the Taiwan Strait, including China's adjustment of the M503 flight path.According to Foc.....»»