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BDO raises record P63 billion from bond offer
BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»
Gaming revenues beat target, hit record P285 billion in 2023
The local gambling industry continued to take advantage of increased operational capacity, with its gross gaming revenues exceeding targets and hitting a record P285 billion in 2023......»»
Abby Clutario, Keiko Necesario take center stage at One Stop Record Fair
Music lovers, audiophiles and record collectors had a feast of their favorite things during the most recent edition of “One Stop Record Fair” held at the Activity Area of Ayala Malls The 30th in Pasig City......»»
CA reverses MIAA execs’ dismissal
he Court of Appeals has dismissed the charges filed against former executives of the Manila International Airport Authority who initiated the reassignment of more than 200 employees......»»
CA reverses Ombudsman s dismissal order of ex-MIAA execs
In granting Chiong and Montalbo’s petition, the Court of Appeals said that it found that the Ombudsman’s decision “lack factual basis and substantial support in evidence.”.....»»
MIAA sees over 1 million arrivals this Holy Week
The Manila International Airport Authority is expecting an influx of over one million passengers this coming Holy Week......»»
MIAA catches rats at NAIA-3
The Manila International Airport Authority yesterday confirmed that several rats were captured by pest control service personnel at the Ninoy Aquino International Airport Terminal 3 departure area using mouse traps and adhesive boards......»»
MIAA takes action as ‘surot’ woes bite NAIA
Bed bug-infested rattan chairs at the Ninoy Aquino International Airport Terminals 2 and 3 have been removed following passengers’ complaints of being bitten posted on social media......»»
BCDA, MIAA still negotiating for NAIA Terminal 3 property
State-run Bases Conversion and Development Authority said it is still negotiating with the Manila International Airport Authority on whether the latter will lease or buy the property where the current NAIA Terminal 3 facilities and runway are located......»»
It’s complicated
Times are hard and it is obvious that workers need to earn more to survive. A Filipino family of five needs at least P13,797 a month or P460 a day to meet their basic needs, according to the Philippine Statistics Authority......»»
75 LGUs to get P13.33M to enhance water supply, sanitation services — DILG, DBM
CEBU CITY, Philippines — The Department of Interior and Local Government (DILG) and the Department of Budget and Management (DBM) recently launched a support fund that aims to enhance water supply and sanitation services of municipalities belonging to the 4th to 6th income class. On Wednesday, Feb. 21, the secretaries of DILG and DBM signed.....»»
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% […].....»»
Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
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......»»
China Bank Savings profit hits record high in 2023
The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»
Metal sector shines with record output
Higher gold and nickel output buoyed the country’s metal production to a record level of P249 billion in 2023, offsetting contractions in other commodity output......»»
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......»»
BPI profit hits record high P51.7 billion in 2023
“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»
GOCCs’ dividend remittance bumped up to 75 percent of earnings
The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»