Advertisements


Pagcor earnings hit P25 billion in Q1

The earnings of state-run Philippine Amusement and Gaming Corp. (PAGCOR) soared by 43 percent to P25.2 billion in the first quarter, driven by the electronic games sector......»»

Category: financeSource: philstar philstarApr 28th, 2024

SM Prime expects to raise P25 billion from bond issue

Sy-led integrated property developer SM Prime Holdings Inc. is gearing up to raise as much as P25 billion from a proposed bond offering to fuel its expansion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

P2.34-M Pagcor grant to boost Himamaylan’s resilience efforts

P2.34-M Pagcor grant to boost Himamaylan’s resilience efforts.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Pagcor profit soars to P6.82 billion in 2023

Earnings of state-run Philippine Amusement and Gaming Corp. surged by more than 50 percent to nearly P7 billion last year as the gambling sector bounced back and exceeded pre-COVID levels......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

P25/kilo rice reaches more households in NegOcc

P25/kilo rice reaches more households in NegOcc.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Pagcor earnings hit P25 billion in Q1

The earnings of state-run Philippine Amusement and Gaming Corp. (PAGCOR) soared by 43 percent to P25.2 billion in the first quarter, driven by the electronic games sector......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

MPIC earnings surge 30% to P5.6 billion in Q1

Core earnings of conglomerate Metro Pacific Investments Corp. soared by 30 percent to a record high of P5.6 billion in the first quarter on strong performances by its business units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Petron reports 51 percent jump in 2023 earnings

The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generations strategies in the Philippines and Malaysia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

DENR launches mobile game app for biodiversity conservation

Only P4 billion of the P25 billion needed to fund biodiversity conservation was allotted under this year’s budget, according to the Department of Environment and Natural Resources......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Cebu City Council slashes Rama’s proposed P100B budget to P25B

  CEBU CITY, Philippines — Cebu City Mayor Michael Rama’s proposed P100 billion budget for 2024 was reduced to P25 billion by the City Council, which overrode the mayor’s veto. Councilor Jocelyn Pesquera, vice chairperson of the council’s Committee on Budget and Finance, confirmed the decision on Wednesday, Jan. 24, emphasizing that all provisions in the.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

DigiPlus hopes to grow user base by 25% to 50% in FY24

DigiPlus President Andy Tsui guided that PLUS hopes to capture 50% of the P60 billion in gross gaming revenue growth that PAGCOR expects for FY24, and that it is looking to increase its active user base by 25% to 50% to achieve this goal......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Lower table revenues pull down Bloomberry earnings

The earnings of Enrique Razon’s Bloomberry Resorts Corp. declined by 11 percent to P2.6 billion in the first quarter amid lower VIP and mass table revenue......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Gokongweis dream big, launch ‘The Jewel’ to match Marina Bay Sands, Twin Towers, Taipei 101

Robinsons Land CEO Lance Gokongwei tells Rappler the Philippines will be proud of the P25-billion 'The Jewel' project along EDSA that they hope will become an architectural icon.....»»

Category: newsSource:  rapplerRelated NewsJan 27th, 2024

BDO profit hits record P73.4 billion in 2023

BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

PAGCOR cuts e-game rates to encourage more investments

State-run Philippine Amusement and Gaming Corp. will reduce remittance rates for online and on-site betting platforms by next month in a bid to encourage more investments in the gambling sector......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

A Quick Guide to Online Gambling and Financial Responsibility

With the rise of PAGCOR accredited online gambling platforms, many individuals are drawn to the allure of quick wins and entertainment. However, the world of online gambling will require extreme caution and financial responsibility to avoid potential pitfalls and safeguard one’s financial well-being. Understanding the Risks Online gambling can be enticing, but it comes with […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Al Tengco’s gamble

In this gambling republic, Alejandro Tengco, Chairman of gaming regulator Philippine Amusement & Gaming Corp. (PAGCOR), isn’t afraid to roll the dice and place bets......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

PAGCOR keen on issuing more international gaming licenses

The Philippine Amusement and Gaming Corp. is open to keeping the Philippine Offshore Gaming Operators sector alive, with its top official saying that it provides employment to close to 70,000 Filipinos......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

First Gen income drops to P4.5 billion

The profit of Lopez-led power firm First Gen Corp. declined by nine percent to P4.5 billion in the first quarter from a year-ago level of P4.9 billion on the back of lower earnings from its geothermal and natural gas units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024