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Internal revenue stamps for vape products mandatory by June
Bureau of Internal Revenue Commissioner Romeo Lumagui Jr. reminded the public that internal revenue stamps will be mandatory for all imported and locally manufactured vape products in the market by June 1, 2024, as stated in Revenue Memorandum Circular 59-2024......»»
Philippine IP body warns of revenue loss due to online piracy
The Intellectual Property Office of the Philippines (IPOPHL) on Tuesday said online piracy has been causing revenue losses for the country, and that it would cost more if it remains unaddressed......»»
LRT-2 operator expects higher revenue this year
The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
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.....»»
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.....»»
Ports regulator posts record high revenue
The Philippine Ports Authority has posted a new all time high revenue in 2023......»»
LTO eyes P43B revenue, vehicle registration
LTO eyes P43B revenue, vehicle registration.....»»
SBMA posts P4B revenue in 2023
SBMA posts P4B revenue in 2023.....»»
Government t sees more revenue from e-cigarette taxes
The domestic electronic cigarette and vape industry are expected to contribute in hitting the government’s revenue collection goal, as players are urged to pay the right taxes amid Filipinos’ shift to alternative smoking......»»
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......»»
CEE revenue 12.8% higher in 2023
CEE revenue 12.8% higher in 2023.....»»
Budget surplus unlikely to last – Recto
The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
BFP: Over 3,000 fires recorded in first 2 months
More than 3,000 fires have been recorded in the first two months of the year, causing over P1.3 billion in damage, according to the Bureau of Fire Protection (BFP)......»»
Fewer ads take toll on GMA’s profitability
Broadcast giant GMA Network Inc. booked fewer advertising placements in the first quarter, causing its revenue to fall and consequently squeezing its profit......»»
Apex Mining profit grows 2% to P3.4 billion
Razon-led Apex Mining Co. Inc. grew its net income by two percent to P3.41 billion in 2023 from P3.34 billion in 2022 on the back of higher revenue brought about by better metal prices......»»
Philippines rises 23 spots in World Happiness Report
The Philippines rose 23 spots to land 53rd in the in the 2024 World Happiness Report. The Philippines was 76th in the World Happiness Report in 2023 and 60th in the 2022 report. The country also ranks as the 2nd happiest country in Southeast Asia, next to Singapore, which placed 30th. READ MORE: What makes Cebuano.....»»
Factory output rises to 5-month high in February
Manufacturing output in February picked up at its fastest pace in five months, driven by the performance of electronic, food and chemical products, according to the Philippine Statistics Authority......»»
Philippine inflation rises to 3.4 pct in February
MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»