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Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth
For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»
Comelec disqualifies Cagayan guv from 2022 polls
Comelec disqualifies Cagayan guv from 2022 polls.....»»
Lambat Bitag Sasakyan confiscates over 7K vehicles since Sept 2022
THE Davao City Police Office (DCPO) announced that it has already confiscated a total of 7,054 vehicles from September 16, 2022 to February 25, 2024, continuously strengthening the police campaign known as Oplan Lambat Bitag Sasakyan......»»
Lambat Bitag Sasakyan confiscates over 7K vehicles since Sept 2022
THE Davao City Police Office (DCPO) announced that it has already confiscated a total of 7,054 vehicles from September 16, 2022 to February 25, 2024, continuously strengthening the police campaign known as Oplan Lambat Bitag Sasakyan......»»
PSA-RSSO 8 sweeps 6 major accomplishments in 2022 PSA Awards
The Philippine Statistics Authority -Regional Statistical Services Office VIII (PSA-RSSO 8) was among 17 other regions in the country that garnered major accolades during the 2022 PSA Awards held during PSA 10th Anniversary Celebration at PSA Central Office......»»
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.....»»
PSA turns over 2022 CBMS data to the local government of the municipality of Pintuyan, Southern Leyte
The Philippine Statistics Authority and its Provincial Statistical Office (PSO Southern Leyte), turned over the 2022 Community-Based Monitoring System (CBMS) results to the Local Government of the Municipality of Pintuyan, Southern Leyte......»»
PSA turns over 2022 CBMS data to the municipality of Padre Burgos, Southern Leyte
PSA RSSO 8 Regional Director Wilma A. Perante cited in her Opening Message that it is the first DTC among the different LGUs in the region which implemented 2022 CBMS......»»
FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund
Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»
Call to tax the very richest arises from their own ranks
The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640. The post Call to tax the very richest arises from their own ranks appeared first on Bulatlat......»»
Call to tax the very richest arises from their own ranks
The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640......»»
Aquilino Pimentel III, ex-speaker Velasco biggest Congress spenders in 2022
Senate Minority Leader Aquilino Pimentel III was the biggest spender among senators in 2022 with almost P130 million, while Sen. Mark Villar was the most frugal with expenses at only P35 mill.....»»
FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund
Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Grab contributes up to 0.3 percent to GDP – study
Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»
Wage hike to cut GDP growth, raise unemployment – NEDA
The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»
Higher consumption seen to drive GDP growth faster
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»
Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
Q4 GDP growth comes in at 5.6%
The Philippine Statistics Authority revealed yesterday that the Philippine economy grew 5.6% y/y in Q4, which is down from the 6.0% it grew in Q3......»»