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Davao electricity rates rise due to El Niño
RESIDENTIAL consumers of Davao Light and Power Co., Inc. (Davao Light) will see a slight increase of P1.6254 per kilowatt hour (kWh) in the overall power rate for the period of May 11 to June 10, 2024, bringing it to 10.7608 per kWh from last April's P9.1354 per kWh......»»
More anti-smoking ban violators nabbed
THE Vices Regulation Unit (VRU) and the Davao City Police Office apprehended more Anti-Smoking Ordinance violators during the first three months of the year compared to the same period last year......»»
SP New Energy crushed on MSCI deletion
SP New Energy fell more than 6% yesterday as traders digested the MSCI Global Small Cap review results that indicated SPNEC would be deleted from the index, effective June 3......»»
BSP Reports 2.6% Increase in Overseas Remittances
According to a recent report by the Bangko Sentral ng Pilipinas (BSP), personal remittances from Overseas Filipinos (OFs) saw a 2.6% rise in March 2024 compared to the same period last year. This year’s remittances surged from USD 2.97 billion in March 2023 to USD 3.05 billion, marking a 2.6% increase. BSP attributes this growth […].....»»
Security Bank earns P2.6 billion in Q1
Security Bank Corp. earned 11 percent more to P2.62 billion in the first three months from P2.36 billion in the same period last year amid the robust growth in the bank’s retail and micro, small, medium enterprise businesses......»»
Philippines sees remittances rise 2.6 pct in March
MANILA, May 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3.05 billion U.S. dollars in March, recording a 2.6 percent growth year-on-year, the Philippine central bank said on Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances in the first quarter amounted to 9.15 billion dollars, 2.8 percent higher than the amount in the same period in 2023. The.....»»
Citicore Renewable IPO pushed back to June 7
Citicore Renewable Energy Corporation pushed its IPO back one week to June 7, with a revised offer period between May 27 and May 31. This is the second time that CREC’s IPO has been rescheduled......»»
Agriculture loans surge to P3.2 trillion
Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»
‘Dr. Stranger’
More than 50 percent of consumer products in all Filipino homes undergo some form of screening, testing or review by the Food and Drug Administration......»»
Pathogens
For many of us, the dark memory of the COVID-19 pandemic still lingers, as if 2020 was just yesterday, and I’m sure many will agree with me when I say I fervently hope to never see the return of such a period in our lives. But then we never really know......»»
Monkey Man review: Dev Patel goes John Wick
Nothing is holding Oscar nominee Dev Patel back as he stars, writes and produces his action-driven directorial debut "Monkey Man.".....»»
Sy-led Dominion Holdings books higher income in 1st quarter
Earnings of Dominion Holdings Inc. (formerly BDO Leasing & Finance Inc.) jumped by 30 percent to P75.9 million in the first quarter from P58.3 million in the same period last year......»»
NEDA to conduct review of tariff structure
The government is set to present a new tariff structure for agricultural products and electric vehicles to the National Economic and Development Authority Board chaired by President Marcos next month......»»
‘War-tapping’
The latest plot twist between the Philippines and China might just as well be a scene from an edge-of-your-seat espionage movie straight out of the Cold War era, where acts of spying and gathering information on one’s rivals characterized the rivalry between two world superpowers of that period – the United States and the communist Soviet Union......»»
SBI s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24
New Delhi [India], May 9 (ANI): The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net profit during the entire financial year 2023-24 rose by 20.55 per cent to Rs 67,085 crore as against.....»»
Philippine economy expands 5.7% in Q1
MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s target and slower than the 6.4 percent growth recorded in the same period last year. The Marcos administration.....»»
F& B firms post strong earnings in January-March
Food and beverage firms led by Ramon Ang and the Po family recorded strong first quarter results on the back of higher sales for the period......»»
Philippine economy grows by 5.7% in Q1 2024
The latest economic print is slower than last year’s growth in the same period with 6.4% but higher than the fourth quarter of 2023 with 5.5%......»»
GOCC dividends surge to P88.6B - The Manila Times
DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»
Hodge helps Meralco take down mighty Beermen, wins weekly PBA player plum
The 6-foot-4 dynamo’s Herculean effort against the mighty Beermen earned him recognition as the PBA Press Corps-Pilipinas Live Player of the Week for the period May 1 to 5......»»