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CREIT FY23 profit: P1.4-B (up 12%)
Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»
CREIT FY23 profit: P1.4-B (up 12%)
Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»
CREIT income rises to P1.4 billion in 2023
Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»
SM Investments buys 28.79% stake in CREIT for P5-B
SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»
PREIT finally declares Q3 divs
Premiere Island Power REIT declared a Q3/23 dividend of P0.0388/share, payable on March 12 to shareholders of record as of February 20......»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
Race car driver Lord Seno tells motorists to ‘go slow’ when traversing Transcentral Highway
CEBU CITY, Philippines — The Transcentral Highway (TCH) that connects Cebu City and the municipality of Balamban in midwestern Cebu has been on the news lately for grim reasons. This notable thoroughfare bears witness to several vehicular accidents, the most recently of which killed a nursing student after the Sports Utility Vehicle (SUV) that she.....»»
Mayoral bet Jose Daluz shares ‘ABCD’ vision for Cebu City
CEBU CITY, Philippines – “A Brighter Cebu [with] Daluz.” This was the vision shared by Lawyer Jose Daluz III, the current chairman of the Metropolitan Cebu Water District (MCWD) if he wins the mayoral race in the 2025 polls. Daluz revealed his mantra: ABCD, which stands for “A Brighter Cebu [with] Daluz,” in a media.....»»
TR4 disease, logistics issues prune banana exports last year
The Philippines is expected to have posted declines in banana exports last year due to the spread of the Banana Fusarium Wilt Tropical Race 4 disease as well as logistical challenges, according to a report by the Food and Agriculture Organization of the United Nations......»»
Torregosa to use SM2SM Run winnings for father’s medical needs
CEBU CITY, Philippines — Cebu’s rising marathon star Artjoy Torregosa plans to use her cash prize from Sunday’s SM2SM Run 12 for her father’s medical needs. Torregosa flexed her winning form anew after emerging as the first overall female finisher in the 21-kilometer half marathon race of the SM2SM Run 12 at the SM Seaside.....»»
Yogi Ruiz plans to form own political party
CEBU CITY, Philippines- Former Customs Commissioner Yogi Ruiz plans to create a new local political party in Cebu, aiming to join the mayoral race in the 2025 midterm election. Ruiz stated that the political party, dubbed “Partido Cebuano,” would be established once all documentary requirements are fulfilled and submitted to the Commission on Elections (COMELEC)......»»
IRONMAN 70.3 marks 10th anniversary with Lapu-Lapu race
The IRONMAN Philippines celebrates a milestone 10th anniversary staging of its 70.3 triathlon series in Lapu-Lapu City on April 21, featuring a diverse and international roster of competitors, all vying for the overall championships in the men’s and women’s divisions......»»
Malacañang helps fast-track anti-doping requirements as PH faces int’l sports ban
The Philippines continues to race against time as the World Anti-Doping Agency threatens a blanket ban on all international events due to the country's non-compliance of its requirements.....»»
Remolino, Alcoseba rule Go For Gold Sunrise Sprint Triathlon Race in Camsur
CEBU CITY, Philippines — Roughly two weeks after they lorded the National Age Group Triathlon (NAGT) in Subic Bay, Cebu’s pride Andrew Kim Remolino and Raven Faith Alcoseba stamped their class anew, this time in Camarines Sur. Remolino and Alcoseba topped the overall male and female divisions, respectively, in the Go For Gold Sunrise Sprint.....»»
How is the Cebu motorsports scene?
CEBU CITY, Philippines—How is Cebu motorsports these days? Apparently, it isn’t as quiet as it seems, according to Cebuano motorsports legend Lord Seno. In an episode of CDN SportsTalk, Seno, a noted race car champion, said the racing community is active. While the motorsports scene in Cebu may seem quiet with no races being held here,.....»»
Greta Gerwig, Margot Robbie, Leonardo DiCaprio snubbed in Oscar 2024 nominations
Among the overlooked films, 'The Color Purple,' the musical adaptation of the 1982 book and the 1985 film, was almost completely shut out of the 2024 Oscars race, receiving only one nomination.....»»
Trump passes major US election test with win in Iowa
Donald Trump swept to victory Monday in Iowa’s caucuses — the first vote in the US presidential race — cementing his status as the presumptive Republican standard-bearer to challenge President Joe Biden in November’s election. The former president has led polling for more than a year, but the Iowa contest was seen as the clearest.....»»
Scramble for 4th spot continues
Far Eastern U tries to close in on the coveted fourth spot while Adamson wants to stay in the thick of the race when they figure in a crucial duel in the UAAP women’s volleyball tournament today at the Smart Araneta Coliseum......»»
LeBron James out for Lakers game vs Warriors
As the Lakers and Warriors cling to the 9th and 10th positions in the NBA playoff race, the California rivals hope to sustain their resurgent forms after the All-Star break.....»»
RLC Residences backs IRONKIDS race
The IRONKIDS, the junior counterpart of the IRONMAN series, gets a significant boost with the backing of RLC Residences with the partnership aiming to promote an active and purposeful lifestyle among young athletes......»»