LRT-2 revenue, ridership up in 2 months
The Light Rail Transit Authority grew its revenue collection by double digits in the first two months of the year, reaping the benefits of recovering ridership at the Light Rail Transit Line 2......»»
LRT-2 operator expects higher revenue this year
The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»
SSS Surpass 2023 Revenue Target by 9.5%
The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»
54 buses to offset LRT-1 shutdown for Cavite extension, Holy Week
The Department of Transportation will be deploying passenger buses starting Wednesday to offset the shutdown of LRT-1 operations during the Holy Week and in preparation for the opening of five new stations this year......»»
Mga babae libre sa MRT-3, LRT-2 sa pagdiriwang ng ‘Women’s Day’
GOOD news sa mga kababaihan na sumasakay ng tren! Magkakaroon kayo ng libreng sakay sa Metro Rail Transit Line 3 (MRT-3) at Light Rail Transit Line 2 (LRT-2) sa darating na Biyernes, March 8. Ito ay para sa pagdiriwang ng “International Women’s Day.” Ang schedule ng “free rides” ay simula 7:00 a.m. hanggang 9:00 a.m.,.....»»
Student hurt in fall from LRT-1 platform
A 17-year-old college student was injured after he fell from the platform bay of a Light Rail Transit Line 1 (LRT-1) station in Quezon City on Thursday......»»
Digital times call for digital measures
The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»
Mindanao railway project up for NEDA review
The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans......»»
Philippine IP body warns of revenue loss due to online piracy
The Intellectual Property Office of the Philippines (IPOPHL) on Tuesday said online piracy has been causing revenue losses for the country, and that it would cost more if it remains unaddressed......»»
Philippines wraps ITB Berlin with P489-M projected revenue
The Philippines concluded its participation in the Internationale Tourismus-Börse (ITB) Berlin 2024 in Germany last month, drumming up sales leads with projected revenue amounting to over P489 million......»»
UnionDigital Bank revenue grows to over P5 billion
UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»
Upson income drops despite record revenue
Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»
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......»»