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Trade gap widens to $4.69 billion in November

The country’s trade deficit in November widened to a seven-month high as imports left negative territory, while exports continued to decline......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024

Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

FACT CHECK: Did this vlog correctly state BBM’s net worth?

The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

DMCI posts FY23 net income of P24.7-B (down 21%)

DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)

Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Semirara FY23 net income down 30% to P27.9-B

Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Explore More of the Philippines this Summer with Sunlight Air’s Cebu Routes

Summer is on the horizon, and that means it’s time to embrace the heat with a well-deserved vacation to some of our favorite local destinations. For those itching to explore more of the country’s breathtaking tropical havens, booking a direct flight out from Cebu has never been more convenient. Boutique airline Sunlight Air has officially […].....»»

Category: newsSource:  metrocebuRelated News13 hr. 53 min. ago

Kings, Bolts renew rivalry

Barangay Ginebra and Meralco are gathering forces and sharpening their weapons with their eighth postseason battle in the last eight seasons on the horizon......»»

Category: sportsSource:  philstarRelated NewsMay 13th, 2024

Media should check construction in protected areas

THE BUILDING of a resort in the midst of the fabled Chocolate Hills of Bohol was first revealed by a social media post to advertise the place, oblivious to the serious concerns it raised. Netizens quickly reacted and triggered widespread criticism that urged the Senate to hold an investigation.Captain's Peak Resort stands amid the expanse of hills stretching into the horizon, a seemingly endless field of mounds,.....»»

Category: newsSource:  manilanewsRelated NewsApr 15th, 2024

Palace declares Eid’l Fitr on April 10 Holiday

CEBU CITY, Philippines – Another long weekend is up on the horizon. This after the Malacañan issued Proclamation 514 declaring April 10, Wednesday as a regular holiday in observance of Eid’l Fitr or Feast of Ramadhan. READ MORE: LIST: Philippine holidays in 2024   Before the Feast of Ramadhan, Filipinos will also be observing another regular.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

Mission impossible: Embracing the nuclear ‘explosion’

A nuclear “explosion” of sorts could be on the horizon for the Philippines – one which could ensure a sustainable, sufficient and clean source of electricity for future generations, or one which could put the country in a deep hole......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Addressing the water crisis

The threat of El Niño looms on the horizon, threatening to worsen the already strained water resources of the Philippines. T.....»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

View from Manila: ‘Transparency initiative’ shifts focus to Scarborough

Meanwhile, different middle powers want a piece of the Philippine military's Horizon 3 pie.....»»

Category: newsSource:  rapplerRelated NewsFeb 20th, 2024

EDITORIAL - Another animal pestilence

Even as the hog industry is still grappling with African swine fever, another threat to livestock is on the horizon......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

Marcos OKs military’s P2-trillion wish list for weapons, equipment

MANILA, Philippines — President Ferdinand Marcos Jr. has approved the military’s revised wish list for new weaponry and equipment to shore up the country’s defenses against threats, in the face of a rapidly evolving regional security landscape. The updated acquisition plan called “Re-Horizon 3” will focus on “an array of capabilities which will range from.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024