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Fruitas earnings soar in 2023
Listed food and beverage retail operator Fruitas Holdings Inc. saw its earnings soar in 2023 on the back of all-time high annual revenues......»»
ATI to spend P2.7 billion for ports upgrade
The operator of some of the largest ports in the Philippines is increasing its capital expenditures to P2.7 billion this year, seeing the need to expand its capacity as trade recovers here and abroad......»»
‘GOCC suing Cavitex operator lacks authority’
The Metro Pacific Tollways Corp. has scored a state-owned firm for dragging one of its units to court without going through the proper authority in lodging a complaint......»»
Balai income up in 2023 on strong sales
Listed bakery operator Balai ni Fruitas Inc. saw its earnings expand by more than half in 2023 as sales sizzled during the year......»»
Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers
At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»
LRT-1 operator names new execs
The MVP Group continues to shake up the corporate ladder, this time with the appointment of new executives at Light Rail Manila Corp......»»
Tarlac POGO hub raid: Raps filed vs 8 Chinese
Criminal complaints were filed yesterday against eight Chinese who were arrested during a raid at a Philippine offshore gaming operator (POGO) hub in Bamban, Tarlac on Wednesday......»»
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......»»
402 POGO hubs have expired licenses’
At least 402 Philippine offshore gaming operator hubs in the country have expired licenses, according to the Philippine Anti-Organized Crime Commission......»»
United Airlines expands global reach with new Cebu-Tokyo route
United Airlines, one of the largest carriers in the world, is launching non-stop flights from Cebu to Tokyo in July, marking another first for the operator shaking up the local aviation landscape......»»
Teacher, 2 others busted in Cotabato City drug den raid
Anti-narcotics agents and officials of the Bangsamoro government arrested a drug den operator who is a teacher and his two accomplices in a joint operation inside the 32-hectare regional capitol here on Saturday afternoon......»»
MIAA doubles profit in 2023
The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»
ICT FY23 net income down 17% to US $511-M
International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»
MRT-3 concession period seen at shorter 10-15 years
The next operator of the Metro Rail Transit Line 3 could end up with a shorter term of at least 10 years, as its role will be limited to managing the railway as the government pays for the cost of its rehabilitation......»»
4 arrested, another drug den shut by PDEA-BARMM
Agents of the Philippine Drug Enforcement Agency-Bangsamoro Autonomous Region in Muslim Mindanao shut another drug den Monday, seized P102,000 worth of shabu from its operator and three accomplices, now awaiting prosecution......»»
4 arrested, drug den shut in Butuan City police operation
The police had seized P414,800 worth of shabu from a drug den operator and three accomplices together arrested in an anti-narcotics operation in Butuan City on Friday......»»
Sa DigiPlus MAGING RESPONSABLENG GAMER, PUWEDE
PINAIIGTING ng DigiPlus Interactive Corp. (DigiPlus), operator ng mga nangungunang digital platform gaya ng BingoPlus, ArenaPlus, at PeryaGame, ang tawag para sa responsableng mga gawi sa gaming, sa gitna ng pag-iimbita nito sa mga costumer na sumali sa kapana-panabik nitong mga handog. Bilang pinakamabilis na grupo ng digital entertainment sa bansa, hatid ng DigiPlus ang ….....»»
MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»
‘Film director’s arrest meant to cover up jeepney phase out’ – jeepney drivers
Castro’s arrest, which was based on a social media post, shows a dangerous precedent for vocal critics of anti-citizen government policies. By DANIEL ASIDO Bulatlat.com MANILA – Transport group Pagkakaisa ng mga Samahan ng Tsuper at Operator Nationwide (Piston) condemned the arrest of film director Jade Castro and his companions, noting that this is only… The post ‘Film director’s arrest meant to cover up jeepney phase out’ – jeepney drivers appeared first on Bulatlat......»»