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From ‘Ekstra’ to ‘Expats’: How Ruby Ruiz bagged the role of a lifetime
From borrowing a costume to use in the independent film “Ekstra” opposite Vilma Santos to having her own costume designer in the big-budget Hollywood production “Expats” opposite Nicole Kidman, Ruby Ruiz is living the dream......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»
Digital economy contributes 8.4 pct to Philippine economy in 2023
MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»
ACEN to spend P70 billion this year
Ayala-owned ACEN Corp. has earmarked P70 billion to bankroll the capital expenditures of its domestic and international operations this year.....»»
LGU loans more than tripled in H2
The proposed domestic borrowings of local government units (LGUs) more than tripled to P48.9 billion in the second half of 2023 from P15.8 billion in the same period in 2022, the Bangko Sentral ng Pilipinas (BSP) reported......»»
Government sets P585 billion borrowings in Q2
The government is set to borrow P585 billion from the domestic market in the second quarter amid hopes of more favorable interest rates here and abroad......»»
Provincial airports get P14 billion for upgrade
The Department of Transportation is allocating P14 billion this year for the development and upgrade of regional airports to support the recovery of domestic tourism......»»
BDO to raise P5 billion via sustainability bonds
BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»
First Filipino domestic helpers to arrive this summer- ministry
The South Korean government on Friday announced its plans to bring in 100 Filipino household helpers in July and deploy them as early as August. The Ministry of Employment and Labor said that discussions with the Philippine side on the plan for a pil.....»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Capitol defends plans to relocate in Balamban
CEBU CITY, Philippines – The Cebu Provincial Government defended its plans to relocate its seat of power to Balamban town in western Cebu amid criticisms following site redevelopment in the locality’s mountains. Furthermore, they assured the public, including environmentalists, claiming that the project would not ‘bring massive environmental damage in Cebu.’ The Capitol made this.....»»
Plaza Independencia: Rama plans to rubberize park, make more family-friendly
CEBU CITY, Philippines — Cebu City Mayor Michael Rama plans to make Plaza Independencia more family friendly as he envisions more changes to make this dream a reality. These included having the inside of the Plaza Independencia being rubberized, having more plants inside to make it also more environment-friendly and to have facilities for families.....»»
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)......»»
Sugbuswak: Laity supports proposal with plans, programs to strengthen Church
CEBU CITY, Philippines — The Commission on the Laity of the Archdiocese of Cebu on Wednesday, February 14, presented their statement on the proposed Sugbuswak which would give birth to two new dioceses in Cebu. In a statement, the commission offered observations, plans, and programs that summed up to 18 points with a vision to.....»»
GAC Motor plans to launch 6 new MPVs this year
Automotive firm GAC Motor Philippines continues to expand its product offerings as it plans to launch at least six new multi-purpose vehicles (MPVs) this year......»»
Phinma investing P2 billion for new Davao cement plant
The Phinma Group plans to invest about P2 billion to put up a new facility in Davao to further solidify its presence in the cement industry......»»