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Fast track consenting in the fast lane

The Government is progressing changes to resource management laws as part of its 100 Day Action Plan, with the first steps taken to establish a new fast-track consenting one-stop shop regime."This new regime, which forms part of National's coalition agreement with New Zealand First, will improve the speed and process for resource approvals for major infrastructure projects, unlocking opportuni.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Monde Nissin sees sales, earnings growth in 2023

Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Cebu Pacific profit soars

Low-cost carrier Cebu Pacific reached a cruising altitude in the first quarter of the year, doubling its profit to more than P2 billion due to the holiday boom for air travel......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

AGI posts record P30.3 billion profit

Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

JG Summit income triples

Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Bigger Metro Manila Film Festival for its 50th year

The annual summer Metro Manila Film Festival will be canceled this year to give way to a bigger, grander and much-awaited 50th anniversary of the MMFF this December......»»

Category: entertainmentSource:  philstarRelated NewsApr 7th, 2024

RCBC income nets P2.2 billion in Q1

Rizal Commercial Banking Corp. reported a net profit of P2.2 billion in the first quarter, 39.4 percent lower compared to the P3.64 billion recorded in the comparable quarter last year......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

First Gen income drops to P4.5 billion

The profit of Lopez-led power firm First Gen Corp. declined by nine percent to P4.5 billion in the first quarter from a year-ago level of P4.9 billion on the back of lower earnings from its geothermal and natural gas units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Metrobank profit rises by 14 percent to P12 billion in Q1

Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023

Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

DOF finalizing P55.7 billion loan for Metro Manila subway

The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

MGen completes takeover of SPNEC

MGen Renewable Energy Inc., a subsidiary of Manila Electric Co., has completed its P15.9- billion investment in SP New Energy Corp.......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

T-bill rates up across the board

Demand went down while rates increased for short-term securities, but the government sustained its full award streak and raised P15 billion......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

MPIC likely to pass up on subway bidding

The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

MVP, Ang may jointly bid for MRT-3

Another infrastructure tie-up between tycoons Manuel V. Pangilinan and Ramon Ang could be in the works as Metro Pacific Investments Corp. will engage San Miguel Corp. in bidding for the privatization of the Metro Rail Transit Line 3......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Philex to fast–track Silangan mine operations

Pangilinan-led Philex Mining Corp is exploring all possible logistical options to fast-track the commercial operations of its Silangan gold and copper mine ahead of the fourth quarter 2025 target......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

CVIRAA: Paraase bags gold medal for Lapu-Lapu

CEBU CITY, Philippines — One of Cebu’s top female runners, Asia Paraase, flexed her winning form as the Central Visayas Regional Athletic Association’s (CVIRAA) track and field competition unfolded on Saturday, May 4, at the Sacred Heart School-Ateneo de Cebu (SHS-AdC) track oval in Mandaue City. Paraase, who is a student of Pajo National High.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

SB19 may bagong track na ‘Moonlight’, ito kaya ang next dance craze?

JUST in time for summer, naglabas ng bagong dance track ang Pinoy pop sensation na SB19! Ito ang “Moonlight” na isang love song, pero mapapaindak ang mga makikinig nito. Ang bagong single ay under Liquid State/Sony Music Philippines na prinoduce ng acclaimed international music producers na sina DJ Ian Asher, Terry Zhong at Lenno Linjama......»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

‘Senate rules on Cha-cha on the right track’

The Senate rules on amending the 1987 Constitution are “on the right track” and ready even before the sub-committee wraps up its discourse on the Resolution of Both Houses 6 pushing Charter change, a senator said......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Enrique Gil s comeback movie I Am Not Big Bird features joem s Nakaraan

After garnering almost half a million streams for his track "Pangako," joem returns with an even more heart-wrenching track released a week before "I Am Not Big Bird" becomes available in theaters nationwide......»»

Category: entertainmentSource:  philstarRelated NewsFeb 10th, 2024