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Metro Manila cops raise P3.5 million for Taal victims

Metro Manila police have raised about P3.5 million in cash from their own pockets to donate to the victims of Taal Volcano, according to the National Capital Region Police Office......»»

Category: newsSource: philstar philstarJan 18th, 2020

GERI reports 37% profit fall, improving sales

Global-Estate Resorts, Inc. (GERI), Megaworld’s integrated tourism and leisure unit, reported lower earnings in the first half of the year although sales have started to recover in the second quarter. In a statement, GERI said that, excluding non-recurring gains, the company’s net income for the first half of the year reached P728 million, down 9 percent from P801 million during the same period last year. Attributable net income dropped 37 percent to P544.8 million in the first half of 2020 from P865.13 million in the same period last year. Consolidated revenues for the first half of 2020 registered at P2.9 billion, reflecting a 29 percent decline from P4.1 billion during the comparable period last year. On the other hand, rental income weakened by only 8 percent from P377 million last year to P347 million in the first half of 2020 even if mall operations were affected by the Taal eruption in the first quarter, and the strict quarantine measures in the second quarter. Hotel operations declined by 67 percent from P484 million last year to P162 million for the first six months of 2020 due to the quarantine restrictions during the period. However, the decline in revenues from the company’s core businesses was offset by the 30 percent reduction in costs and expenses, from P3.1 billion in the first half of 2019 to P2.2 billion this year. “Boracay was closed to tourists during the second quarter but as soon as the quarantine measures were relaxed in June, we saw a steep climb on the sales of our commercial and village lots in Boracay Newcoast. Buyers now prefer residential and leisure products in nature-rich settings outside of Metro Manila,” explained GERI President Monica T.Salomon. GERI’s reservation sales of residential projects during the second quarter of the year rose to P3.6 billion from P2.2 billion in the first quarter. The firm noted that the growth was achieved even as the country was placed on strict lockdown due to the coronavirus pandemic. It did not provide comparative figures for 2019. Residential projects in Boracay Newcoast in Aklan, Arden Botanical Estate in Cavite, Eastland Heights in Antipolo, Rizal,  and Hamptons Caliraya in Laguna comprised the bulk of sales during the first half of the year, which reached P5.8 billion. “When the news of a possible lockdown came out in mid-March, we had already braced for a conservative outlook for our residential segment,” said Salomon. She added that, “But, while the country was placed on strict quarantine, we saw aggressive take-ups of our provincial projects. In fact, on the average, our second quarter sales are 61 percent of what we have booked for the entire first half of 2020. And we still have enough inventory to address the demand for residential projects in these areas.”.....»»

Category: sportsSource:  abscbnRelated NewsAug 3rd, 2020

Ateneo, La Salle join hands in fight vs COVID-19

In the fight vs COVID-19, we're all in this together. That is no more evident than in fierce foes Ateneo de Manila University and De La Salle University who have now teamed up in the continuing COVID-19 crisis. With Metro Manila now more than a month into community quarantine, both the Society of Jesus' school in Katipunan and the university ran by Lasallian brothers in Taft Avenue have done their all to help out. "Ateneo alumni said they'd like to help and I told them, 'Let's raise money together with our friends - which means, also La Salle friends,'" Philippine Jesuit Provincial Superior Fr. Jun Viray, SJ said. With that, an effort for the archrivals to join hands was born called "Let's Work Together To Fight COVID-19." "A little conversation between myself and Fr. Jun created a spark that is more explosive than UAAP allowed us to say this is the time to work together rather than compete," DLSU President Bro. Armin Luistro, FSC said. At present, the effort has already raised PhP 10 Million. This will then be used to help out 6,000 urban poor families as well as 500 homeless persons. Those interested to help out can do so here: FOR ATENEO METROBANK Account name: Tanging Yaman Foundation, Inc. Metrobank Peso Checking Account Number: 448-7-44800988-9 BPI Account name: Simbahang Lingkod ng Bayan BPI Peso Checking Account Number: 3081-1111-61 *For proper acknowledgement, kindly send photo of the deposit slip to slb@affiliate.ateneo.edu FOR LA SALLE Account name: De La Salle Brothers, Inc. Account number: 7590-569081 Security Bank: Account name: De La Salle Brothers, Inc. Account number: 0000014366500 BPI: Account name: De La Salle Brothers, Inc. Account number: 3103-3749-86 --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsApr 20th, 2020

Taal victims receive aid from Pagcor and its licensees

Victims of Taal Volcano’s eruption can expect additional assistance as the Philippine Amusement and Gaming Corporation (Pagcor) approved the release of P20 million funding from one of its casino licensees. Melco Resorts (Philippines) Foundation Corporation (MRP Foundation) – the charitable arm of City of Dreams Manila operator, Melco Resorts and Entertainment Corporation – turned over […].....»»

Category: newsSource:  manilatimes_netRelated NewsFeb 3rd, 2020

ONE Championship reaches out to victims of Taal Volcano eruption

ONE Championship was quick to extend a helping hand to those who were affected by the recent eruption of the Taal Volcano in the province of Batangas on 12 January. The Home Of Martial Arts distributed 1,000 shirts to those who were displaced by the calamity, which has directly affected more than 100,000 people in the provinces of Batangas, Cavite, Laguna, and some parts of Metro Manila.  The Philippine Institute of Volcanology and Seismology (PHIVOLCS) has already raised the alert level to four, saying that a hazardous eruption remains imminent even today.    ONE athletes have also reached out to their compatriots, encouraging their fellow Filipinos to stay strong amid the trying times. “To all my countrymen in Taal, stay safe and I know that you guys can go through this. I’ll always pray for them and I expect them to rise above it, get back what they lost,” Team Lakay head coach Mark Sangiao said.  Like his head coach, former ONE Flyweight World Champion Geje “Gravity” Eustaquio showed great concern with the situation, and he promises that help is on the way.  “It's not our first time to encounter this situation, we were tested for how many times and we always end up on top, still. Filipinos have the warrior spirit in them and that is hard to conquer,” Eustaquio said. “Don’t worry we will face this test as a team, as a nation, and as a family. Support is coming, and we got your back in different ways. We pray for you our dear brothers and sisters. Never give up.”  As the dust settles and the tens of thousands of people rebuild their lives, on 31 January the Philippines will prove to the world their World Champion spirit. They will play host to ONE Championship’s ONE: FIRE & FURY at the Mall Of Asia Arena in Manila......»»

Category: sportsSource:  abscbnRelated NewsJan 22nd, 2020

MMDA, Metro LGUs give aid to Taal Volcano victims

MANILA, Jan. 17 -- Showing solidarity and compassion for the victims of the Taal Volcano eruption, several local government units in Metro Manila have extended assistance following the Metro Manila.....»»

Category: newsSource:  philippinetimesRelated NewsJan 19th, 2020

MMDA, Metro LGUs give aid to Taal Volcano victims

MANILA, Jan. 17 -- Showing solidarity and compassion for the victims of the Taal Volcano eruption, several local government units in Metro Manila have extended assistance following the Metro Manila.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2020

P16.5-M worth of aid provided for Taal Volcano eruption victims — NDRRMC

MANILA, Philippines — Over P16.5 million worth of assistance have been sent to families who are now sheltered at various evacuation centers following the Jan. 12 eruption of Taal Volcano, the National Disaster Risk Reduction and Management Council (NDRRMC) said on Saturday. Specifically, the NDRRMC said in its 6 a.m. situational report that P16,585,936 worth […] The post P16.5-M worth of aid provided for Taal Volcano eruption victims — NDRRMC appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2020

Manila sends more helpers, P2.5M aid for Taal victims

After dispatching trucks and ambulances to Batangas to help in evacuating people to safety from the erupting Taal Volcano on Sunday, the Manila City government on Monday sent 25 more people to assist affected families in the province and will donate P2.5 million to its hardest hit towns. Manila Mayor Isko Moreno said personnel from […] The post Manila sends more helpers, P2.5M aid for Taal victims appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsJan 15th, 2020

Church calls for 2nd collection for volcano victims

Manila Archbishop Luis Antonio Cardinal Tagle has called on priests to initiate a second collection during mass starting this weekend as part of the Catholic Church’s drive to raise funds for residents displaced by the Taal Volcano explosion last Sunday......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2020

Thousands crowd ‘white sand’ Manila Bay, told to keep it clean

As hundreds of people flocked along Roxas Boulevard for a chance to view the Manila Bay’s artificial white sand, the Metro Manila Development Authority (MMDA) has reminded the public to avoid littering in the area. MMDA spokesperson Celine Pialago urged Filipinos to keep Manila Bay clean since the government has spent about P389 million to […] The post Thousands crowd ‘white sand’ Manila Bay, told to keep it clean appeared first on Daily Tribune......»»

Category: newsSource:  inquirerRelated NewsSep 20th, 2020

SMC& rsquo;s free toll aids frontliners

Six months since it was first implemented at the start of the Enhanced Community Quarantine in March, San Miguel Corporation’s free toll assistance to medical front liners has already reached P72.4 million and covered over 10,000 medical frontliners in Metro Manila and nearby provinces......»»

Category: newsSource:  thestandardRelated NewsSep 9th, 2020

Meralco rates lower by P0.0623/kwh in Sept. billing

Consumers of Manila Electric Company (Meralco) will benefit from a slight reduction of P0.0623 per kilowatt hour (kwh) in this September billing — summing up five straight months of tariff downtrends for this year. (MANILA BULLETIN) For end-users in the consumption threshold of 200 kilowatt hours (kwh), the average cost savings they will gain in this billing period will be P12, according to the utility firm. The overall rate billed this month is at P8.4288 per kwh versus the previous month’s P8.4911 per kwh. The generation charge, which accounts for the chunk of the cost components being passed on, had been pared by P0.0381 per kwh this month to P4.0860 per kwh from the previous billing cycle’s P4.1241 per kwh. Additionally, the transmission charge was on marginal decline of P0.0112 per kwh and that was mainly attributed to the lower ancillary services (AS) charges of the National Grid Corporation of the Philippines; while taxes and other charges incurred a net decrease of P0.0130 per kwh. Meralco emphasized one key factor that triggered rate reduction this September is its continuing move to invoke force majeure (FM) claims with its power suppliers. “This September, the force majeure claim totaled about P463 million, equivalent to customer savings of P0.1710 per kwh in the generation charge,” the utility firm noted. The company explained that if the FM claims had not been there, “the generation charge and the total rate would have increased by P0.13 and P0.14 per kwh, respectively.” Since March this year when Meralco has been persistently invoking FM claims under its power supply deals, the company was already able to generate P2.4 billion worth of savings that it has been passing on as rate reduction to customers via their electric bills. On supply procurement, Meralco indicated that it secured the lion’s share of 54.8-percent from its power supply agreements (PSAs) and that resulted in a decrease of P0.3032 per kwh on its charges. The fraction of supply sourced from its contracted independent power producers (IPPs) had been at 33.6-percent; and this went up by P0.0601 per kwh; while volume procured from the Wholesale Electricity Spot Market (WESM) stood at 11.6-percent and charges had been down by P0.0147 per kwh.The lower settlement prices in the spot market, it was noted, had been due to decrease in Luzon demand — given the re-enforcement of modified enhanced community quarantine (MECQ) in some areas last month, primarily in Metro Manila and neighboring provinces......»»

Category: newsSource:  mb.com.phRelated NewsSep 9th, 2020

P2.3 million drugs seized in Metro Manila

Illegal drugs worth nearly P2.3 million were seized in separate stings in Metro Manila since Monday......»»

Category: newsSource:  philstarRelated NewsSep 2nd, 2020

1,638 Metro Manila cops get COVID-19

At least 1,638 police officers in Metro Manila have tested positive for COVID-19, National Capital Region Police Office chief Maj. Gen. Debold Sinas said yesterday......»»

Category: newsSource:  philstarRelated NewsAug 26th, 2020

COVID-19 cases in Philippines top 173,000 as Metro Manila goes back to GCQ

Globally, the coronavirus case count reached 22.04 million, with over 778,000 deaths since the health crisis emerged in China late last year......»»

Category: newsSource:  philstarRelated NewsAug 19th, 2020

Hiling ng jeepney driver kay Willie: idiretso na sa kanila ang P5-M ayuda para mabilis

HINDI nagustuhan ng isang reporter mula sa isang media outfit ang pag-anunsyo ni Willie Revillame na mamamahagi siya ng P5 million para sa mga drayber ng jeep na nawalan ulit ng pagkakakitaan dahil muling isinailalim sa MECQ ang Metro Manila. Naganap ito sa press briefing na isinagawa ni Peesidential Spokesperson Harry Roque na ginanap sa […] The post Hiling ng jeepney driver kay Willie: idiretso na sa kanila ang P5-M ayuda para mabilis appeared first on Bandera......»»

Category: newsSource:  inquirerRelated NewsAug 10th, 2020

2nd cash aid to be fully distributed by August 15

Interior Secretary Eduardo Año said the second tranche of the Social Amelioration Program cash aid for poor citizens affected by the lockdown due to the coronavirus pandemic is expected to be fully distributed to over 2.6-million beneficiaries in Metro Manila by the end of next week......»»

Category: newsSource:  philstarRelated NewsAug 9th, 2020

3,000 cops with medical backgrounds to help hospitals

The Philippine National Police has mobilized around 3,000 police officers with medical background for deployment in Metro Manila to help healthcare frontliners in hospitals that are swamped with coronavirus patients, PNP chief Gen. Archie Gamboa said yesterday......»»

Category: newsSource:  philstarRelated NewsAug 9th, 2020

Willie magbibigay ng P5-M sa mga jeepney driver; P400K sa pamilya ng 4 nasawing Pinoy sa Lebanon

NAG-PROMISE si Willie Revillame na magdo-donate ng P5 million sa mga jeepney driver na muling nawalan ng trabaho matapos ibalik sa modified enhanced community quarantine (MECQ) ang Metro Manila at mga kalapit-probinsya. Makakatanggap din ng ayuda ang pamilya ng apat na OFWs na nasawi namatay sa naganap na pagsabog sa Beirut, Lebanon. Umapir si Willie […] The post Willie magbibigay ng P5-M sa mga jeepney driver; P400K sa pamilya ng 4 nasawing Pinoy sa Lebanon appeared first on Bandera......»»

Category: newsSource:  inquirerRelated NewsAug 7th, 2020

SWS: Some 3.5 million Filipinos got stranded due to COVID-19 quarantines

The survey showed that the number of those who reported being stranded was highest among permanent residents of Balance Luzon (Luzon outside of Metro Manila) at 1.28 million and Mindanao at 1.26 million......»»

Category: newsSource:  philstarRelated NewsAug 5th, 2020