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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......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Korean firm Miru Systems bags vote counting machine contract for 2025 polls
The Commission on Elections has awarded Korean firm Miru Systems with the contract to supply the vote counting machines for the 2025 midterm elections......»»
SM Group bags 20 Quill awards
The SM Group, led by SM Investments Corp., with BDO Unibank, SM Foundation and SM Supermalls, won 20 awards for excellence in communications at the prestigious 20th Philippine Quill Awards. SM Foundation was also hailed as 2nd runner up for Company of the Year......»»
Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects
President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»
Mikey Belmonte bags Water Warrior Award
Quezon City Councilor Belmonte was conferred the “Water Warrior Award for Advocacy Leadership” during the 2024 World Water Day Awards in recognition of his contributions as an active partner of Maynilad in championing access to safe water, reliable sanitation and environmental responsibility......»»
A late scratch, Rhenz Abando not ready for comeback
Rhenz Abando admits he’s still feeling the pain from a back injury, opting to sit out as his Korean team Anyang bags the bronze in the East Asia Super League.....»»
Lotto 6/58: Lone bettor bags P175 million jackpot prize
MANILA, Philippines — A lone bettor bagged the P175 million jackpot prize of Ultra Lotto 6/58 from the Philippine Charity Sweepstakes Office (PCSO) Friday evening draw. The winning combination for Ultra Lotto was 04-07-57-05-54-47, with a jackpot prize amounting to P175,160,965.20. Ultra Lotto 6/58 is drawn every Tuesday, Friday, and Sunday at 9 p.m. READ:.....»»
Korea-led joint venture bags Comelec deal
A joint venture led by South Korean firm Miru Systems Co. Ltd. bagged the multibillion-peso contract for the lease of voting machines to be used in the May 2025 midterm polls, the Commission on Elections announced yesterday......»»
Naia rehab: SMC-led consortium bags P170-B project
As early as next year, passengers using Ninoy Aquino International Airport (Naia) could expect improved management of the congested international gateway as a consortium led by San Miguel Corp. (SMC) takes over its operations and maintenance, according to the Department of Transportation (DOTr). The DOTr announced on Friday that the solicited bidding for the highly.....»»
Pilipino Star Ngayon bags Hall of Fame award at 6th Gawad Lasallianeta
Pilipino Star Ngayon (PSN) was hailed as Hall of Fame award recipient at the 6th Gawad Lasallianeta after bagging the Most Outstanding Print / Digital Tabloid Award for the 5th straight year. .....»»
Petron bags top taxpayer award from Navotas LGU
Oil giant Petron Corp. has been recognized by the city government of Navotas for its notable contributions as a taxpayer in 2023......»»
URC’s Malaysia unit bags 2 international awards
Universal Robina Corp. (URC), the Gokongwei-led listed snack foods giant, has received recognition for its subsidiary in Malaysia......»»
Celebrate and welcome the new year by starting these sustainable habits
The holidays have come and gone but as we loved giving and receiving gifts, we also cannot help but think about how much waste we’ve made during this time. When we shop for presents and wrap them, we use and dispose of shopping bags, gift wrappers, ribbons, tape, plastic, and gift cards in the process......»»
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% […].....»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
Philippines, Vietnam to expand trade ties to $10 billion
The Philippines and Vietnam will explore untapped areas for cooperation to expand their bilateral trade from $7 billion to $10 billion in the coming years, according to President Marcos......»»