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BCDA remits P1.1 billion to government

The Bases Conversion and Development Authority has remitted P1.1 billion in dividends to the national government to support efforts to drive economic growth......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

Ayala Land allots P13 billion to redevelop 4 major malls

Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

GOCC dividends surge to P88.6B - The Manila Times

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

DOF expects dividends from GOCCs to hit P100 billion

The Department of Finance is targeting to collect P100 billion in dividends from government-owned or -controlled corporations by the end of the year, according to its top official......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

MIAA doubles profit in 2023

The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

MIAA to remove gang chairs at NAIA-3 arrival lobby

The Manila International Airport Authority is scheduled to remove all the gang chairs at the arrival lobby of the Ninoy Aquino International Airport Terminal 3 (NAIA-3) after Holy Week, MIAA general manager Eric Ines said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

PDEA-9 agents seize P13.6-M worth of shabu from 2 dealers

Agents of the Philippine Drug Enforcement Agency confiscated P13.6 million worth of shabu from two peddlers arrested in an entrapment operation in the Camino Nuevo area in Zamboanga City at about dusk on Saturday......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Tudela among 75 towns to receive P13.3M grant

Tudela among 75 towns to receive P13.3M grant.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

CREIT, MREIT, FILRT all declare Q1 dividends

Citicore Energy REIT and MREIT declared their Q1 dividends on Monday, while Filinvest REIT declared its Q1 dividend on Friday......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Dominion Holdings earns P277.3M, sets P1.50 in cash dividends

Dominion Holdings earns P277.3M, sets P1.50 in cash dividends.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Chinabank declares P5.9 billion cash dividends

Sy-led China Banking Corp. will reward its shareholders with a record P5.9 billion in dividend payments, 16 percent higher compared to last year, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

‘4Ps registered P9 billion deficit due to budget cuts’

The Pantawid Pamilyang Pilipino Program of the government had already registered a “budget deficit” of P9 billion after Sen. Imee Marcos slashed its budget by P13 billion......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Universal Robina FY23 profit: P12.8-B (down 12%)

Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Apex unit remits P40 million to small-scale miners

A wholly-owned subsidiary of Apex Mining Co. Inc. remitted over P40 million in support to its partner small-scale miners in Itogon, Benguet as part of its initiative to improve operations of small-scale miners......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

PPA targets P5 billion dividends in 2024

The Philippine Ports Authority plans to increase its contribution to the government to as much as P5 billion this year to retain its position as one of the highest remitters among state-run firms......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

State firms get higher subsidies

The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

‘Imee budget realigning led to millions not receiving 4Ps’

Nearly 4.3 million poor Filipinos were deprived of cash aid under the government’s Pantawid Pamilyang Pilipino Program in 2023 after Sen. Imee Marcos realigned the 4Ps funding of P13 billion in the national budget to another social amelioration program, a member of the House of Representatives said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024