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Government loses P25 billion revenues from illicit cigarette trade
The Bureau of Internal Revenue said revenue losses from the illicit cigarette trade stood at P25.5 billion in 2023 and P6.6 billion as of April this year......»»
Apex Mining profit grows 2% to P3.4 billion
Razon-led Apex Mining Co. Inc. grew its net income by two percent to P3.41 billion in 2023 from P3.34 billion in 2022 on the back of higher revenue brought about by better metal prices......»»
Milk tariff collections rise by 31% to P2.4 billion
Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest in at least eight years, from P1.8 billion in 2022......»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
Semirara income drops 30% to P27.9 billion
Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»
Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»
Alliance Global injects P2.6-B into Megaworld
Megaworld clarified the recent subscription of its parent company, Alliance Global, to 1.375 billion common shares at P1.90/share to say that it is part of a plan to increase MEG’s outstanding authorized capital stock by P5.5 billion (from P40.2 billion to P45.7 billion)......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
8 facts you need to know about human trafficking in the 21st century
Human trafficking is a pressing global problem that continues to affect millions of people, despite widespread efforts to combat it. To shed light on this pervasive issue, here are eight key facts about human trafficking in the 21st century that help to better understand why this crime occurs, how victims are recruited and exploited, and the links between human traffickin.....»»
Marcos hands over P210-M aid to El Niño-hit Mindanao LGUs, provinces
President Ferdinand "Bongbong" Marcos Jr. distributed millions worth of aid to local officials in a bid to help Mindaoan farmers and fisherfolks reeling from the effects of the devastating El Niño......»»
Experts discuss reasons why 15 percent of people may not see weight loss results on Ozempic – are you a non-responder?
Millions of Americans prescribed fat-burning shots to combat obesity In an effort to combat obesity and reduce the risk of diseases, millions of Americans have.....»»
Heatwaves Put Millions of Children in Asia at Risk: UN
TEHRAN (Tasnim) - Massive heatwaves across East Asia and the Pacific could place millions of children at risk, the UN warned Thursday, calling for action to protect vulnerable people from the soaring temperatures. - Other Media news - Global monitors have warned that 2024 is shaping up to be the hottest year on record, marked by climate extremes and rising greenhouse gas emissions, AFP reported.The U.....»»
How Millions of Linux Computers Almost Got Hacked – The Daily Guardian
In a recent discovery, Microsoft software developer Andres Freund found a backdoor in XZ Utils, a popular data compression utility used by various Linux-based computer.....»»
US, UK accuse China of cyberespionage that hit millions of people
The aim of the global hacking operation was to 'repress critics of the Chinese regime, compromise government institutions, and steal trade secrets,' Deputy US Attorney General Lisa Monaco says.....»»
Earth Hour 2024 Calls for Filipinos to Switch Off Lights and Switch Off Single-use Plastics
Filipinos can help in solving two of our planet’s biggest problems, biodiversity loss, and climate change, by doing their part in conserving energy and putting an end to the problem of plastic pollution. Earth Hour 2024, set on March 23, Saturday will once again bring together millions of people across the world so they can […].....»»
Time to Shine: Make Your Mark for Earth Hour at SM Malls
Small actions can make a big difference. This year, SM Supermalls invites everyone to #GiveAnHourForEarth by joining millions around the world in the annual Global Lights Switch Off on March 23 from 8:30pm to 9:30pm. This 2024, SM marks 16 years of commitment in supporting the annual campaign initiated by the World Wildlife Fund (WWF).....»»
DA reviewing documents on coffee seedlings
There is an ongoing review of documents as millions of coffee seedlings were reported missing, according to the Department of Agriculture.....»»