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Bitcoin hits new all-time high
The leading cryptocurrency surged above the $72,000 mark on Monday Bitcoin, the world's highest-valued cryptocurrency, hit a new record on Monday as it surged above $72,000. The token soared to a fresh all-time high of $72,030, breaking the record set in November 2021 and bringing gains for the year so far to n.....»»
P6.69 million shabu seized; village councilman held for drugs
Shabu valued at P6.69 million was seized in the cities of Cebu and Iloilo on Tuesday......»»
Davao City to build shelter for watchers, runners of Lumad, Muslim patients
DAVAO CITY (MindaNews / 27 February)—A shelter valued at P42 million will be provided for the watchers and runners of indigenous people (IP) and Muslim patients at the Southern Philippines Medical Center (SPMC) compound. The allocation for a 200 sq.m. shelter was contained in an ordinance approved by the Sangguniang Panlungsod Tuesday. The shelter will […].....»»
P6.8 million shabu seized in Quezon City
Anti-narcotics agents seized a kilo of methamphetamine hydrochloride or shabu valued at P6.8 million from five drug suspects in Quezon City on Friday night......»»
P1.36 million shabu seized in Taguig
Anti-narcotics police officers arrested two drug suspects and seized 200 grams of methamphetamine hydrochloride or shabu valued at P1.36 million during a sting in Taguig City on Friday night......»»
P7.14 million shabu seized in Caloocan
Anti-narcotics agents seized 1.05 kilos of methamphetamine hydrochloride or shabu valued at P7.14 million in a sting in Caloocan City at past midnight yesterday......»»
300M Coliseum Project is set to be constructed at the CatSU Compound
Catanduanes State University’s leadership joyfully announces the initiation of a 300 million project aimed at constructing a coliseum on a one-hectare plot within the campus. In a statement by President Patrick Azanza, he indicated that the initial phase, valued at 100 million, is slated to commence this year, with the entire project anticipated to conclude […] The post 300M Coliseum Project is set to be constructed at the CatSU Compound appeared first on Bicol Peryodiko......»»
BOC intercepts P7 million shabu in car part
The Bureau of Customsrecently prevented the exportation of 1.1 kilos of methamphetamine hydrochloride or shabu valued at P7 million hidden in an automobile part to be sent to New Zealand......»»
Government loses P25 billion revenues from illicit cigarette trade
The Bureau of Internal Revenue said revenue losses from the illicit cigarette trade stood at P25.5 billion in 2023 and P6.6 billion as of April this year......»»
EDC sets P40 billion capex, raises P10 billion from green bonds
Energy Development Corp., the renewable energy subsidiary of First Gen Corp., is spending P40 billion this year to bolster its portfolio and support geothermal development in the country......»»
Security Bank earns P2.6 billion in Q1
Security Bank Corp. earned 11 percent more to P2.62 billion in the first three months from P2.36 billion in the same period last year amid the robust growth in the bank’s retail and micro, small, medium enterprise businesses......»»
RCBC income nets P2.2 billion in Q1
Rizal Commercial Banking Corp. reported a net profit of P2.2 billion in the first quarter, 39.4 percent lower compared to the P3.64 billion recorded in the comparable quarter last year......»»
Cebu Landmasters reports P6.235 billion revenue for Q1 2024
During the annual stockholder’s meeting on Friday, Jose Franco Soberano, the firm’s senior executive vice president, said that the company's first-quarter revenue in 2024 surged by 31%, reaching P6.235 billion from P4.777 billion last year......»»
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......»»
GOCC dividends surge to P88.6B - The Manila Times
DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»
Petron earnings grow 16 percent to P3.9 billion in Q1
The net income of Petron Corp. went up by 16 percent to P3.93 billion in the first quarter from P3.4 billion in the same quarter last year on the back of higher sales volume......»»
Semirara Q1 profit: P6.5-B (down 28%)
Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»
Chinabank profit jumps 18 percent to P5.9 billion
The earnings of China Banking Corp. grew by 18 percent to P5.9 billion in the first quarter from P5 billion in the same period a year ago, driven by sustained expansion of its core business......»»
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......»»
Meralco powers core income higher by 11 percent to P10.1 billion in Q1
Pangilinan-led power firm Manila Electric Co. reported a consolidated core net income of P10.1 billion in the first quarter, up by 11 percent from P9 billion in the same period last year......»»