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SM Investments FY23 net income up 25% to P77-B
SM Investments teased its FY23 results with a headline 25% improvement in its net income to P77.0 billion, backed by an 11% increase in consolidated revenues and strong performances across its portfolio, particularly in the banking and property development segments......»»
SSS revenue soars to P362 billion in 2023
The mandatory contribution hike and the increase in new members boosted the revenues of state-run pension fund Social Security System to P362 billion last year......»»
Spotify Mulling to Raise Subscription Prices Again
Music streaming giant Spotify plans to increase its Premium subscription prices by USD1.00 to USD 2.00 in the United Kingdom, Australia, Pakistan, and two other countries by the end of April This comes as Bloomberg reported the possible increase, with a price increase in the US expected to follow later this year. The latest price […].....»»
As prices increase, farmers demand repeal of Rice Liberalization Law
“Farmers and consumers are demanding the strengthening of the rice industry as a solution to the perennial rice inflation, now nearing an all-time high rate that is expected to continue until July." The post As prices increase, farmers demand repeal of Rice Liberalization Law appeared first on Bulatlat......»»
Workers buck wage hike in installments
Stressing the need for a one-time significant wage increase to effectively stimulate the local economy, labor group Federation of Free Workers has rejected the proposal by some legislators and the business sector for an installment-based legislated wage increase......»»
China’s first-ever rhesus monkey clone survives three years
China’s first cloned rhesus monkey lived for over two years, marking the longest-living rhesus macaque. In contrast, previous cloning attempts yielded specimens with no live births or with offspring dying within hours. The Chinese Academy of Sciences announced that the Retro monkey is healthy and growing stronger daily. Most think of white lab rats when.....»»
Iraq passes bill sentencing same-sex acts to 10-15 years’ jail
Iraq’s parliament passed a bill on Saturday criminalizing same-sex relations, which will receive a sentence of up to 15 years in prison, in a move rights groups condemned as an “attack on human rights.” Transgender people will be sentenced to three years’ jail under the amendments to a 1988 anti-prostitution law, which were adopted during.....»»
Milk tariff collections rise by 31% to P2.4 billion
Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest in at least eight years, from P1.8 billion in 2022......»»
Revenue loss due to PIFITA may hit P126 billion
The government may have to forgo P126 billion in revenues over the next five years from the remaining tax reform package that seeks to simplify the tax system......»»
NEWS BRIEFS | 11 March 2024
Three news barangays created in Marawi City Voters in Marawi City ratified the creation of three new barangays during a plebiscite held last Saturday there, the Commission on Elections (Comelec) said. In a statement, the Comelec said that 2,121 out of 2,265 voters approved the creation of the three barangays. The voters came from the three barangays […].....»»
Xinhua world news summary at 1530 GMT, March 8
BEIRUT -- Three Hezbollah fighters were killed and three civilians were injured on Friday in Israeli airstrikes targeting towns and villages in southern Lebanon, Lebanese military sources told Xinhua. The sources, who spoke anonymously, said that one of the Israeli raids targeted a house in the village of Blida, killing three Hezbollah members, while another raid targeted the town of Baraachit, wounding three ci.....»»
Xinhua world news summary at 1530 GMT, March 8
BEIRUT -- Three Hezbollah fighters were killed and three civilians were injured on Friday in Israeli airstrikes targeting towns and villages in southern Lebanon, Lebanese military sources told Xinhua. The sources, who spoke anonymously, said that one of the Israeli raids targeted a house in the village of Blida, killing three Hezbollah members, while another raid targeted the town of Baraachit, wounding three ci.....»»
Hotel group bucks legislated wage increase
The proposed legislated wage increase would hurt the tourism industry, particularly hotels still grappling with the effects of strict pandemic restrictions enforced four years ago, a business group declared......»»
China take three golds at Badminton Asia Championships
NINGBO, April 14 (Xinhua) -- With three golds, three silvers, and seven bronze medals, China's badminton team asserted its dominance in the 2024 Badminton Asia Championships here on Sunday. In an all-Chinese women's singles final, Olympic champion Chen Yufei lost to Wang Zhiyi, who claimed her first Asian title in Manila in 2022. After winning the first set 21-19, Wang dominated the second set 21-7 to clinch the.....»»
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......»»
China Bank nets record P22 billion
Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023......»»
DA working double time to increase rice production at lower cost amid inflation
The Department of Agriculture promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice......»»
Navy confirms increased cyberattacks in West Philippine Sea
The Armed Forces of the Philippines yesterday confirmed an increase in cyberattacks on the country’s military ships in the past three to four years in the West Philippine Sea, but assured the public that such efforts to disrupt communications and jam signals in Philippine territorial waters are not a cause for alarm......»»
Crowd elevates Ed Sheeran concert in Philippine return after 6 years
British singer-songwriter Ed Sheeran was back in the Philippines for the first time in six years, and his Filipino fans made sure his Manila 2024 concert was one for the books......»»
12 years in prison, political prisoner wants freedom on his 85th birthday
"There are no further obstacles that should hinder Tatay Gerry's release as the Board of Pardons and Parole issued a recommendation for the commutation of his sentence to a definite prison term of 12 years." The post 12 years in prison, political prisoner wants freedom on his 85th birthday appeared first on Bulatlat......»»