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Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
Megaworld posts record financial outcome in 2023
Real estate giant Megaworld Corp. capped off 2023 with a record financial performance, posting a net income of P19.4 billion, 26 percent higher year-on-year......»»
Tallest Megaworld hotel to rise in Pasig
Real estate giant Megaworld is building the tallest hotel development in its portfolio - a 31-story structure inside the company’s 12.3-hectare ArcoVia City township along C5-Road in Pasig City......»»
Megaworld expands hotel presence in Palawan
Andrew Tan led-Megaworld is expanding its hotel footprint in Palawan......»»
Sorsogon Province Marks Three-Year Milestone in Maternal and Newborn Health Care
by Geri Matthew CarreteroLegazpi City, Philippines - Sorsogon Province, through the Sorsogon Provincial Health Office in partnership with Jhpiego, an affiliate of Johns Hopkins University, with support from the MSD for Mothers Global Grant Program, hosted a Dissemination Forum titled "Breaking Barriers: Achievements and Collaborations in UHC towards Responsive and Quality Maternal and Newborn H.....»»
Sorsogon Province Marks Three-Year Milestone in Maternal and Newborn Health Care
by Geri Matthew CarreteroLegazpi City, Philippines - Sorsogon Province, through the Sorsogon Provincial Health Office in partnership with Jhpiego, an affiliate of Johns Hopkins University, with support from the MSD for Mothers Global Grant Program, hosted a Dissemination Forum titled "Breaking Barriers: Achievements and Collaborations in UHC towards Responsive and Quality Maternal and Newborn H.....»»
NEDA cuts PHL additional rice import for 2016 by 25%
By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government will reduce by roughly one-fourth its planned additional volume of rice imports for the first semester of 2016 meant to boost........»»
‘Volatile inflation to keep rates steady’
Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
MREIT income climbs in 2023
MREIT Inc., the real estate investment trust company of Andrew Tan-led Megaworld Corp., reported a 13 percent expansion in distributable income to P2.8 billion last year......»»
Philippine volleyball gains full Palace backing
Malacanang has thrown its full support for five major international volleyball competitions the country is hosting for the second semester of the year, beginning with the Asian Volleyball Confederation (AVC) Women’s Challenge Cup that kicks off on Wednesday, May 22, at the Rizal Memorial Coliseum in Manila......»»
How young Filipinos see their future
This semester, I’m teaching an undergraduate class in UP called “Professional Writing,” a course I designed more than 20 years ago to help English and Creative Writing majors (and other seniors in search of interesting electives) get a handle on what the “real world” out there expects of them, in the kind of everyday jobs they’re likely to land. Not Shakespeare, not Jose Garcia Villa, not lyric poetry and neither the full-length play, but rather the more mundane assignments you get paid a salary for: business letters, press releases, feature articles, AVP scripts, brochures and speeches......»»
Lower table revenues pull down Bloomberry earnings
The earnings of Enrique Razon’s Bloomberry Resorts Corp. declined by 11 percent to P2.6 billion in the first quarter amid lower VIP and mass table revenue......»»
Cosco posts 2-digit jump in Q1 earnings
Robust revenues fueled a double-digit increase in the earnings of Lucio Co’s listed retail holding firm Cosco Capital Inc. in the first quarter......»»
MPIC earnings surge 30% to P5.6 billion in Q1
Core earnings of conglomerate Metro Pacific Investments Corp. soared by 30 percent to a record high of P5.6 billion in the first quarter on strong performances by its business units......»»
Lower March sales pull down Wilcon earnings in Q1
Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»
Gokongwei anchor firms RLC, URC post strong Q1 earnings
The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions......»»
Pagcor earnings hit P25 billion in Q1
The earnings of state-run Philippine Amusement and Gaming Corp. (PAGCOR) soared by 43 percent to P25.2 billion in the first quarter, driven by the electronic games sector......»»
Robinsons Retail posts higher earnings in Q1
Higher sales from new stores and sustained demand in the food retail and drugstores segments boosted earnings of Gokongwei-owned Robinsons Retail Holdings Inc. in the first quarter......»»
Strong corporate earnings boost market
The stock market advanced for a fifth straight session yesterday as strong corporate earnings in the first quarter helped buck negative cues from Wall Street overnight......»»