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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

Ex-Cordova mayor Sitoy-Cho snubs election case arraignment

LAPU-LAPU CITY, Cebu —Former Cordova Mayor Therese Sitoy-Cho failed to attend her arraignment today before the Mandaue City Regional Trial Court (RTC) Branch 55 regarding her election case. The Commission on Election (COMELEC) filed a complaint before the court against the former mayor for violating Section 261 (h) of the Omnibus Election Code. The complaint.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

VAWC and child support

Even if the marriage is declared void, the obligation to give support to a minor child subsists. This was the ruling of the Supreme Court in the case of Wilfredo Ruiz v. AAA (GR 231619 November 15, 2021) that involves a case filed under the Anti-Violence Against Women and their Children Act (VAWC), or Republic.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Ombudsman junks case vs suspended Tabuk City, Kalinga mayor

Tabuk City, Kalinga province Mayor Darwin Estranero will be back to work on April 1 after the case filed against him in connection to the alleged overpricing of medical equipment for his town was dismissed by the Office of the Ombudsman......»»

Category: newsSource:  philstarRelated NewsMar 29th, 2024

Second graft case filed vs Magalong

Baguio Mayor Benjamin Magalong is facing another graft case before the Office of the Ombudsman in connection with the allegedly anomalous improvement and rehabilitation of a P50-million multipurpose building in Barangay Irisan......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

De Lima to seek demurrer on final drug case

The camp of former senator Leila de Lima is set to file a motion for leave of court to file a demurrer to evidence in connection with the third and final drug case filed against her......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Court of Appeals junks ex- VP Binay’s libel case vs Trillanes

The Court of Appeals has affirmed with finality its decision junking the libel case filed by former vice president Jejomar Binay against former senator Antonio Trillanes IV over his implication that Binay was involved in an alleged P100 million-a-year racket on “ghost” senior citizens......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Anti-Kaliwa Dam priest challenges Ombudsman case dismissal

A convener of the Stop Kaliwa Dam Network filed a petition for certiorari before the Court of Appeals on Thursday, challenging the dismissal of an Ombudsman case against officials involved in the construction of the project's access road......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Perjury case by retired justice vs Dominican exorcist junked

A perjury case filed by retired Justice Harriet Demetriou against Dominican theologian and exorcist Fr. Winston Cabading has been dismissed for "insufficiency of evidence"......»»

Category: newsSource:  philstarRelated NewsJan 24th, 2024

Manila Water pays penalty in labor case

East zone concessionaire Manila Water Company Inc. has paid a P100,000 penalty in connection with a case filed with the Department of Labor and Employment regarding its Ilugin Treatment Plant in Pasig City......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Police continue to gather evidence on Larumbe hit-and-run case

CEBU CITY, Philippines – Police in Cebu City have taken custody of the SUV believed to be involved in the hit-and-run case that killed Jeslar Uriel Larumbe. But its owner remains a free man as the police continue to determine if he was indeed involved in the hit-and-run case. The vehicle owner, whose name is.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024

ICC case exposes Duterte’s desperation, Marcos’ indecisiveness

If there is indeed an ICC warrant, the possibility of a local court showdown looms, creating a reason for Marcos to leave to the judiciary the question of how to deal with it.....»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2024