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DITO FY23 net loss: P8.1-B (30% improvement)

DITO CME posted a FY23 net loss attributable of P8.1 billion, which is a 30% improvement over its FY22 net loss attributable of P13.8 billion......»»

Category: financeSource:  philstarRelated NewsMay 3rd, 2024

Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

FACT CHECK: Did this vlog correctly state BBM’s net worth?

The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

DMCI posts FY23 net income of P24.7-B (down 21%)

DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)

Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Semirara FY23 net income down 30% to P27.9-B

Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Dito ramps up operations

After investing nearly $1 billion to build up its network and as it nears its compliance by the fifth year of its operations to provide the mandated 84 percent connectivity to its target population by the middle of this year, Dito Telecommunity is ramping up commercial operations to finally monetize and gain it rightful share of the market, according to Eric Alberto, president and CEO of Dito......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Restarting Business Operations After a Break

Taking a break from business operations can be a double-edged sword. While a hiatus, due to the recently concluded Holy Week, for example, may provide much-needed time for rejuvenation; the prospect of reigniting the flame and resuming operations can be daunting. However, with the right mindset and strategic approach, this transition can serve as the […].....»»

Category: newsSource:  metrocebuRelated NewsApr 1st, 2024

NTC orders SMNI to stop operations indefinitely

MANILA, Philippines — The National Telecommunications Commission (NTC) has ordered an indefinite suspension of the operations on Sonshine Media Network International (SMNI) radio and television stations. In an order dated Jan. 18, the NTC ordered Swara Sug Media Corporation, the business name of SMNI, to cease and desist its operations pending a hearing and final.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Comelec eyes early voting to combat heat

To protect voters from the scorching heat, the Commission on Elections is looking to adopt early voting and mall voting during next year’s midterm elections......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Ayala Group eyes more cold storage facilities

The Ayala Group plans to establish more cold storage facilities in the country as part of efforts to support the agriculture sector, especially to address the issue of food spoilage......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

2 suspected rebels killed in clashes in Philippines

MANILA, May 2 (Xinhua) -- Government troops on Thursday killed two suspected rebels in two clashes in Iloilo province in the central Philippines on Thursday, a military report said. The report said the first clash occurred in Leon town at 7:30 a.m. local time when soldiers were conducting combat operations following a tip-off from the villagers about the presence of around 20 New People's Army (NPA) rebels in th.....»»

Category: newsSource:  manilanewsRelated NewsMay 3rd, 2024

Rama eyes more AI, traffic lights, outsourcing

Rama eyes more AI, traffic lights, outsourcing.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

BI to modernize even more in 2024 – Tansingco

The Bureau of Immigration (BI) is set to replace 25% of its manual operations to electronic gates in 2024 and expects that half of the bureau’s operations will be electronic by 2026. BI Commissioner Norman Tansingco announced that the bureau is gearing up for more modernization projects for 2024, owing to expectation that the number […].....»»

Category: newsSource:  journalRelated NewsJan 16th, 2024

Warning Out on Cancer-Causing Cadmium in Lucky Charm Bracelets

Quezon City. The toxics watchdog group EcoWaste Coalition is warning luck seekers from buying charm bracelets adorned with metal components containing extremely high concentrations of cadmium, a chemical that is linked to various types of cancer. The group, which has been campaigning against toxic metals like cadmium, lead, mercury and other chemicals of concern, made […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

PH army’s new cyber defense group questioned over potential use for attacks

In 2018, several websites of progressive organizations and media outfits became victims of relentless DDoS attacks.  A probe by Sweden-based Qurium Media Foundation revealed that the attacks came from the Philippine Army, including activities linked to the Chief of Staff for Intelligence of the Philippine Army. The post PH army’s new cyber defense group questioned over potential use for attacks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024