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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......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 24th, 2024

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  manilanewsRelated NewsFeb 24th, 2024

Ports regulator posts record high revenue

The Philippine Ports Authority has posted a new all time high revenue in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

LTO eyes P43B revenue, vehicle registration

LTO eyes P43B revenue, vehicle registration.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

SBMA posts P4B revenue in 2023

SBMA posts P4B revenue in 2023.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Correction over collection

Secretary Ralph Recto has reportedly “ordered” the Bureau of Internal Revenue and the Bureau of Customs to work together in order to achieve the revenue collection target of P4 trillion-plus for 2024......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

LRTA breaches pre-pandemic revenue level

The Light Rail Transit Authority reaped the benefits of economic reopening in 2023 as its revenue breached pre-pandemic levels......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

CEE revenue 12.8% higher in 2023

CEE revenue 12.8% higher in 2023.....»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

FACT CHECK: P20K automatic monthly pension for senior citizens false

A YouTube channel, Tita Kitkat TV claims that the government will now provide an automatic P20,000 monthly social pension for all senior citizens......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Marijuana courier dies in General Santos road accident

A motorcycle-riding courier out to deliver some P20,000 worth of his illegal merchandise died in a road accident in Barangay Calumpang in General Santos City before dawn Friday......»»

Category: sportsSource:  abscbnRelated NewsApr 5th, 2024

Marijuana courier dies in General Santos road accident

A motorcycle-riding courier out to deliver some P20,000 worth of his illegal merchandise died in a road accident in Barangay Calumpang in General Santos City before dawn Friday......»»

Category: sportsSource:  abscbnRelated NewsApr 5th, 2024

EDITORIAL - NFA housecleaning

With rice retailed at P20 per kilo still stuck in the realm of aspiration, a scandal has erupted in the National Food Authority, which is tasked to maintain a rice buffer stock for the country by buying from local farmers......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Villar pushes extension, higher budget for RCEF

Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

The pests that are toxic politics and rice tariffication

Duterte back in 2019 promised us of cheaper rice with his Rice Tariffication Law. The Marcos-Duterte Uni-Team in 2022 promised to lower the price of rice to P20 per kilo. These promises clearly remained as promises......»»

Category: newsSource:  davaotodayRelated NewsMar 5th, 2024

Lapu-Lapu demolition victims receive cash assistance from LGU

LAPU-LAPU CITY, Cebu — Around 318 families, who were victims of demolitions last year, received financial assistance from the Lapu-Lapu City Government on Wednesday, February 21, 2024. Of the said number, 214 families received P21,000 each, while 104 families received P20,000 each. Lapu-Lapu City Mayor Junard “Ahong” Chan said that this was in line with.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024

DA moving to prevent decline in onion farmgate price

Efforts are now being done to prevent the further decline in the farmgate price of onions as farmers are forced to sell their produce at about P20 per kilo, Department of Agriculture spokesman Arnel De Mesa said......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

BARMM workers to get P20 pay hike

Minimum wage earners in the Bangsamoro Autonomous Region in Muslim Mindanao are getting a wage increase......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Yasmien Kurdi nag-react sa viral ‘P299 engagement ring’ post: ‘Medyo OA!’

NAGBIGAY ng opinyon ang aktres na si Yasmien Kurdi kaugnay sa pagbibigay ng murang engagement ring. Para sa kanya, hindi dapat gawing malaking isyu ang halaga ng isang materyal na bagay. Naikuwento pa ng aktres sa isang Facebook post na wala siyang engagement ring at ang ginastos lang nila sa kasal ay P20,000. “P299 na.....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

Rep Co pinatatapos mga infra project habang tag-init

Kinalampag ni Ako Bicol Party-list Rep. Elizaldy Co ang mga ahensiya ng gobyerno na tapusin na ang mga infrastructure project habang tag-init pa upang hindi maabutan ng tag-ulan at maging sanhi ng delay ng proyekto. The post Rep Co pinatatapos mga infra project habang tag-init first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 13th, 2024