MCIA income down by 10% due to COVID-19 crisis
CEBU CITY, Philippines — The coronavirus disease 2019 (COVID-19) crisis that has crippled the aviation industry worldwide has also resulted in a decline in passenger traffic and airport earnings for the first three months this year. Megawide Construction Corporation reported on Friday, May 29, before the Philippine Stock Exchange that Mactan Cebu International Airport (MCIA) only […] The post MCIA income down by 10% due to COVID-19 crisis appeared first on Cebu Daily News......»»
JG Summit FY23 profit: P19.6-B (up 216%)
JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»
DOJ charges 2 alleged NPA financiers with terrorism financing
According to the DOJ, the case stemmed after reports that Dumlao and Tolentino possessed firearms and ammunition without a clear source of income or apparent purpose......»»
‘Serenade of the Seas’ arrival restarts Subic cruise tourism program
The arrival here of GTS Serenade of the Seas, a 12-decker cruise liner operated by Royal Caribbean International, is expected to resurrect Subic’s cruise tourism program, which had gained momentum before being halted by the COVID-19 pandemic three years ago......»»
Upson International FY23 profit: P464-M (down 13.7%)
Upson International, the IT retailer primarily operating through the Octagon retail brand, teased its FY23 financial results headlined by a 13.7% dip in net income to P464 million......»»
Life in plastic ain’t fantastic for women
In a plastic pollution crisis, women are disproportionately at risk, making it as much a social justice issue as it is an environmental one......»»
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......»»
Supporting health care providers through Lawson Health Research Institute
Improving health outcomes for people at risk of substance-related harms and overdose March 25, 2024 | London, Ontario | Health Canada Canada is facing an unrelenting and tragic toxic illegal drug and overdose crisis. No community has been left untouched. The impacts are seen and felt among our friends, family and neighbours. That's why the Government of Canada is leveraging all the tools a.....»»
Jodi Sta. Maria tinamaan ng COVID kaya hindi nakarating sa party ni Mr. M
MAY balidong rason pala si Jodi Sta. Maria kaya hindi nakadalo sa “Night of 100 Stars” tribute para kay Johnny Manahan na kilala bilang Mr. M. Hindi raw totoo na binawi ang imbitasyon kay Jodi dahil mas pinaboran daw si Claudine Barretto sa event. Tinamaan daw ng COVID-19 si Jodi. Nasulat namin dito sa BANDERA ang.....»»
First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
Insurance penetration rate slips further to 1.6 percent
The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»
Hong Kong, Philippines work to enhance relations
Filipinos are slowly beginning to travel back to Hong Kong following continued efforts by the Hong Kong Economic and Trade Office to woo tourists from the Philippines, as well as renew and improve trade and economic ties between the two nations following the COVID-19 pandemic......»»
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
Cebu Landmasters FY23 profit: P4.6-B (up 29%)
Cebu Landmasters [CLI 2.85 unch] [link] teased its FY23 performance at an analyst briefing where it revealed full-year net income of P4.6 billion (up 29%) and total revenues of P18.8 billion (up 20%)......»»