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DBM: Infrastructure, capital expenditures breach P1 trillion
Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»
NEWSBRIEFS | 1 February 2024
Panguil Bay Bridge completed by June 2024 CAGAYAN DE ORO CITY (MindaNews / 1 February)—The final span of the Panguil Bay Bridge would be connected by June this year, completing the project that started in November 2018, according to the Northern Mindanao director of the National Economic Development Authority, Mylah Faye Aurora Cariño. The P7.135-billion […].....»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
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......»»
Budget gap widens to P273 billion in 3 months
The country’s budget shortfall slightly increased in the first quarter as the government continued to spend more than what it generated from revenues......»»
Debt payment rises threefold in January
The government jacked up its debt service by more than threefold to P159 billion in January as payments for interest and amortization both increased......»»
Ayala Land FY23 profit up 32% to P24.5-B
Ayala Land teased its full-year financial performance in a press release where it revealed that its FY23 profitability increased 32% to P24.5 billion......»»
Excise tax collection declines to P292 billion
Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»
Robinsons Retail core earnings slightly up in 2023
Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»
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......»»
NMP welcomes Second Secretary of the Embassy of Japan
Mr. Matsushige Tomoaki, Second Secretary of the Embassy of Japan, received a warm welcome from NMP Executive Director Victor A. Del Rosario and other NMP personnel during his visit to the National Maritime Polytechnic on November 8, 2023......»»
To be a saint requires a miracle
On the Solemnity of All Saints, celebrated on November 1, we are reminded that we all are actually called to become saints for the simple reason that we are meant to be God’s image and likeness, sharers of his life and of his nature as God wants us to be......»»
Biden tells China s Xi to stay out of US elections
Washington - President Joe Biden again warned Chinese President Xi Jinping against meddling in the November U.S. presidential election during the two leaders' phone call Tuesday. The call is part of U.S. efforts to maintain "open lines of communication to responsibly manage competition and prevent unintended conflict," the White House said.In various engagements, the U.S. has raised its "continual reinforcement.....»»
I’m healed : Kathryn Bernardo talks about forgiveness following Daniel Padilla split
After the much talked about breakup with Daniel Padilla last November, Kathryn Bernardo reveal that she's now healed......»»
Kaspersky Shares Cybersecurity Tips for a Peaceful Getaway during the holy week
As the holiday season approaches, the urge to unwind and kick back is natural. And it’s all too common for people to let their guard down completely when connecting to the Internet too– but shouldn’t. Recently, the Philippine National Police (PNP) Anti-Cybercrime Group shared its findings on identity theft cases in the country. Between November […].....»»
Trump to face jurors in April before facing US voters in November
Republican strategists say voters have grown accustomed to Donald Trump's norm-shattering behavior, but a guilty verdict could hurt his ability to win over swing voters who decide elections.....»»
Trump predicts the end of U.S. democracy if he loses 2024 election
WASHINGTON (Reuters) – Donald Trump said on Saturday if he does not win November’s presidential election it will mean the likely end of American democracy. The Republican presidential candidate, speaking to supporters in Ohio, made the claim after repeating his baseless assertion that his 2020 election defeat to Democratic President Joe Biden was the result.....»»
Sharon Cuneta breaks silence over tiff with ex Gabby Concepcion after ‘Dear Heart’ concert
“Megastar” Sharon Cuneta aired her side over her controversial recent misunderstanding with her ex-husband Gabby Concepcion following their collaboration concert “Dear Heart” in Mall of Asia Arena last October to November......»»