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Maynilad nears maiden P15 billion blue bond issue
Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»
DMCI, Marubeni investing P15 billion for property venture
DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»
Government raises IPAs project approval threshold to P15 billion
The government has increased the investment capital threshold assigned to investment promotion agencies (IPAs) to P15 billion in a bid to promote the ease of doing business......»»
Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO
Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»
Naga lotto player wins P15.8 million jackpot
A bettor in Naga City in Camarines Sur won P15.8 million in the Mega Lotto 6/45 drawn on Wednesday night......»»
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.....»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
One Meralco plants 125,000 mangroves on World Wetlands Day
One Meralco Foundation the social development arm of the Manila Electric Co. (Meralco), celebrates this year’s World Wetlands Day by planting and nurturing 125,000 native mangroves in Del Carmen in Siargao Islands, Surigao del Norte......»»
Government borrowings down 31 percent to P89 billion in April
The government slashed its borrowings by a little over 30 percent to P89 billion in April, following declines in debt from both the domestic and foreign markets......»»
Power rates slightly inch up in January — Meralco
Meralco said that it will have a slight increase in power rates by P0.0846 per kiloWatt-hour (kWh) which brings the overall rate for a household to P11.3430 per kWh this month......»»
GMA Network profit falls to P3.2 billion in 2023
Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»
Cebu Pacific books P8 billion profit in 2023
Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»
RLC posts record P12.1 billion profit in 2023
Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
Philippines debt declines to P14.9 trillion in March
The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»
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......»»
Excise tax collection declines to P292 billion
Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»
Meralco powers up profit by 37 percent in 2023
Manila Electric Co., the country’s biggest power utility, said its core earnings went up by 37 percent to P37.1 billion last year, powered by contributions from its power generation and retail electricity businesses, as well as the continued increase in energy sold by its distribution utility business......»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»