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Meralco powers up profit by 37 percent in 2023
Manila Electric Co., the country’s biggest power utility, said its core earnings went up by 37 percent to P37.1 billion last year, powered by contributions from its power generation and retail electricity businesses, as well as the continued increase in energy sold by its distribution utility business......»»
D& L sees earnings recovery this year
D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»
UnionBank to scale up retail business this year
Union Bank of the Philippines is further growing its retail business and enhancing its profitability this year, along with unlocking the full potential of the acquired consumer segment of Citi and maintaining the growth of its digital bank......»»
Senator calls out loitering China vessels in Philippines Rise
Chinese vessels were caught “loitering” and doing research in Benham Rise, also called Philippine Rise, which is within the country’s exclusive economic zone, Sen. Francis Tolentino said yesterday......»»
Fit Rise 75 NPA Triathlon marks conclusion of Fit Rise 75 programme at National Police Academy
Hyderabad (Telangana) [India], January 9 (ANI): The Sardar Vallabhbhai Patel National Police Academy organised 'Fit Rise 75 NPA Triathlon', which comprised three sub events - 1 km swimming, 40 km cycling and 10 km running - as part of celeberations of 75 years of service to the nation. Teams from 17 police organizations participated in the event. Besides, 76 RR IPS trainees, trainees of 75th batch of IRS (CIT), course par.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Established, emerging filmmakers join first CinePanalo Film Festival
Among the film entries that will participate in the inaugural Puregold CinePanalo Film Festival this year are the works of established and emerging filmmakers in the country......»»
Nedy Tantoco, luxury retail leader, 77
Zenaida R. Tantoco , a leader and visionary in the country’s high-end luxury retail industry, died last Thursday at age 77......»»
Lower March sales pull down Wilcon earnings in Q1
Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»
Marikina, Makati adjust classes as Metro Manila sizzles
At least two cities in Metro Manila adjusted classes to protect students as temperatures continue to rise to dangerous levels......»»
30th National Retailers Association Expo: Charting the path forward in retail
The Philippine Retailers Association marks a significant milestone this year with its flagship event – the National Retail Conference and Expo – the biggest and most important event in the retail industry, with the theme “Retail Today, Empowering Tomorrow,” on Aug. 29 - 30 at the SMX Convention Center Manila......»»
Robinsons Retail FY23 profit down 27.7% to P4.65-B
Robinsons Retail released guidance on its FY23 full-year results that showed a 27.7% drop in net income to P4.65 billion (from P6.44 billion)......»»
PNR walang biyahe sa Metro Manila simula March 28, suspendido ng 5 taon
MAY abiso ang Philippine National Railways (PNR)! Simula March 28, suspendido ang operasyon sa Metro Manila at ‘yan ay magtatagal ng limang taon. Ang mga istasyon na hindi na muna makakabiyahe ay ang Governor Pascual-Tutuban at Tutuban-Alabang, ang dalawang makabilang end stations sa Metro Manila. Ayon sa PNR, ito ay upang magbigay-daan sa gagawing konstruksyon.....»»
Explore Canadian Flavors Launch in Metro Supermarket Cebu
An exciting shopping experience awaits customers as The Metro Supermarket and the Canadian Embassy join forces in an exciting partnership! From February 15 to March 15, 2024, The Metro Supermarket and the Canadian Embassy will collaborate to offer customers a unique gastronomic experience, inviting them to “Explore Canadian Flavors” through a curated selection of products.....»»
Metro Manila nangunguna sa ‘Worst Traffic in the World’, ayon sa pag-aaral
NUMBER one sa listahan ng “Worst Traffic in the World” ang Metro Manila. Base sa 2023 TomTom Traffic Index, umaabot sa average na 25 minutes and 30 seconds ang pagmamaneho ng 10 kilometers sa Metro Manila. Ito ay 50 seconds na mas mabagal kaysa sa naitala noong 2022. Ayon pa sa pag-aaral, ang karaniwang ginugugol.....»»
DOTr: Government, PPP projects to solve Metro traffic
The Department of Transportation has committed to solve the traffic congestion in Metro Manila through public-private partnerships after the region was ranked as the worst metro in the world in a mobility index......»»
MMDA questions int l study calling Metro Manila the worst in traffic worldwide
The Metropolitan Manila Development Authority (MMDA) cast its doubt on the "2023 Traffic Index," released by transportation data company TomTom Traffic, calling Metro Manila the worst in metro traffic worldwide......»»
Metro Pacific charts stronger growth path
Conglomerate Metro Pacific Investments Corp. is charting a stronger growth path on its first year back as a private company following its delisting from the stock market late last year......»»
‘Under a Piaya Moon’ director hopes he made mentor Peque Gallaga proud
In receiving the award for Mowelfund Film Institute Special Citation (full-length film category) at the just-concluded Puregold CinePanalo Film Festival at the Gateway Cineplex, “Under a Piaya Moon” director Kurt Soberano dedicated it to all his film and acting mentors, including the late multi-awarded filmmaker Peque Gallaga, Lawrence Fajardo, Jay Abello, and all the Ilonggo and Negrense directors......»»
Sweet victory for Negrense pastry-making film at 1st Cinepanalo
“Under a Piaya Moon,” a film showcasing Negrense delicacies, was the big winner during the Puregold CinePanalo Film Festival 2024 awards night held at the Gateway Cineplex on Saturday......»»