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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

Quiboloy told to face Senate probe on sex raps

A lawyer for televangelist Apollo Quiboloy has received the copy of a subpoena requiring him to appear in the next Senate hearing on the allegations that he had repeatedly raped several of his former followers, Sen. Risa Hontiveros said on Friday. A copy of the document that Hontiveros shared with Senate reporters showed that the summon was received.....»»

Category: newsSource:  inquirerRelated NewsFeb 24th, 2024

PIRMA head faces Senate contempt raps

The People’s Initiative for Reform, Modernization and Action or PIRMA must divulge to the Senate the names of donors who funded the television ad bashing EDSA people power or face criminal charges, Senate Deputy Minority Leader Risa Hontiveros warned yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Amid House-Senate rift, Romualdez seeks common ground on Cha-cha with Zubiri

After the Senate delivered a scathing rejection of the ongoing People’s Initiative (PI) campaign to amend the Charter, House Speaker Martin Romualdez has reached out to Senate President Juan Miguel Zubiri to express the lower chamber's support for an alternative PI led by the upper chamber......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Senate probe ‘incriminatory’, says Quiboloy’s lawyer on why he won’t attend it

MANILA, Philippines — “Incriminatory.” This was how the camp of Kingdom of Jesus Christ (KJC) leader Apollo Quiboloy looked at him attending the Senate hearing. So this was why Quiboloy remained to not incline to attend the hearing. This would compromise his client’s appearance, said Quiboloy, through his lawyer, Melanio Balayan. “We still believe that the.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Jets approve QB Wilson to seek trade, wont tag Huff

The New York Jets are making headlines in the NFL world as they have granted permission for quarterback Zach Wilson and his agent to seek.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 29th, 2024

Resolution condemning China sea aggression filed at Senate

With Chinese aggression at sea intensifying, Senate Majority Leader Joel Villanueva has filed a resolution expressing the Senate’s outrage and condemning the continued “illegal and dangerous actions” of the China Coast Guard and maritime militia in Philippine waters......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Cebu Daily Newscast: Pastor Apollo Quiboloy: Senate Committee issues order to arrest, detain him

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, March 20, 2024. Pastor Apollo Quiboloy: Senate Committee issues order to arrest, detain him An order has been issued to arrest and detain Pastor Apollo Quiboloy at the Senate following his continued refusal.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2024

Senate probe sought on smuggling of luxury cars

Gatchalian, who chairs the Senate ways and means committee, said that the Senate investigation aims to determine "revenue leaks" from the smuggling of luxury cars......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Senate approves bill on BJMP control of provincial jails

MANILA, Philippines — The Senate passed a bill on Monday aiming to transfer the control and supervision of all provincial and sub-provincial jails from the local government to the Bureau of Jail Management and Penology (BJMP). Senate Bill No. 2352 or the Jail Integration Act, was approved on third and final reading, with 19 affirmative,.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Mariel Padilla’s ‘gluta drip’ session at Senate draws flak

Actress Mariel Padilla’s ‘glut drip’ session in the Senate last week drew flak on social media, censure from the chair of the Senate’s disciplinary body and an advisory from the Department of Health (DOH) warning against the use of glutathione as a skin whitener. The since-deleted post of Sen. Robinhood Padilla’s wife showing her glutathione therapy—as this.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

Zubiri dismisses Senate coup rumor

Rumors of a leadership coup has been spreading in the Senate, which Senate President Juan Miguel Zubiri has dismissed as a ploy to discredit the chamber......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Pia becomes 1st woman to head Senate Blue Ribbon

Sen. Pia Cayetano has been elected as chair of the Senate Blue Ribbon committee, becoming the first woman to head the panel in Senate history......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Bacolod village chief to seek MR on suspension

Bacolod village chief to seek MR on suspension.....»»

Category: sportsSource:  abscbnRelated News42 min. ago

Toboso top officials seek reelection

Toboso top officials seek reelection.....»»

Category: sportsSource:  abscbnRelated News42 min. ago

Jobstreet by SEEK Releases 2024 Compensation and Benefits Report

As the employment landscape starts to rapidly evolve, the newly released Jobstreet by SEEK 2024 Hiring, Compensation and Benefits Report revealed that more companies are open to offering new forms of compensation and benefits to attract and retain top talents. This resulted in additional benefits, shifted priorities, and most notably, salary increases. To obtain this […].....»»

Category: newsSource:  metrocebuRelated NewsMar 15th, 2024

DavNor vice guv denies involvement in ayuda scam

The Vice Governor of Davao del Norte has denied any involvement in the alleged ayuda scam following claims made during a Senate hearing chaired by Senator Ronald Bato Dela Rosa. The hearing revealed that public officials in Davao de Oro and Davao del Norte were linked to illegally using cash assistance from the Department of Social Welfare and Development (DSWD) and funds from the Department of Labor and Employment (DOLE) for political campaigns. Vice Governor De Carlo Oyo Uy refuted the allegations, stating that there is no truth to the claims. In response, Governor Edwin Kuya Gov Jubahib emphasized that he was protecting the welfare of his constituents and the country's budget. He called for the punishment of those involved. The governor had previously requested an investigation into the ayuda scam after individuals in the provinces received less than the intended assistance. The vice governor announced plans for a separate investigation to clear his name and clarified that the DSWD is solely responsible for the identification, assessment, validation, and distribution of cash assistance to beneficiaries......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024