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UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
NAIA deal signing set in Malacañang on Monday
Diversified conglomerate San Miguel Corp. will get the blessing of no less than President Marcos in its takeover of the Ninoy Aquino International Airport as the Chief Executive is expected to witness the signing of the concession on Monday......»»
Haiti: Urgent Action Needed amid Growing Lawlessness
(Washington, DC) - Haiti is on the brink of a total collapse or takeover of the state as violent criminal groups seeking to overthrow the government have attacked police officers and state institutions, including prisons, Human Rights Watch said today. The groups' actions have brought economic activity, the delivery of life-saving humanitarian assistance, and nearly.....»»
The best is yet to come
With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
The deal of the century
That is how San Miguel Corporation’s takeover of the operations and management of the Ninoy Aquino International Airport in the next 25 years turns out to be......»»
Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH
The takeover of Coca-Cola Beverages Philippines Inc. by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»
‘Higher NAIA passenger fees loom upon private takeover’
Filipinos should brace for higher passenger service charges of as much as 95 percent at the Ninoy Aquino International Airport when its management goes to the hands of a private group......»»
UnionBank income plummets in Q1
Union Bank of the Philippines booked a net income of P2 billion in the first quarter, down by 41.2 percent from the same period a year ago, as the bank continued to allocate resources toward its takeover of the retail banking business of global banking giant Citi in the Philippines......»»
‘Hostile takeover 101’
Never come between a sabungero and his chickens or there will be hell to pay!.....»»
Lawmaker backs calls vs motorcycle taxi expansion
An official of the House of Representatives committee on Metro Manila development has joined calls against the expansion of the pilot testing of motorcycle taxis in the National Capital Region......»»
UP Diliman warns of unofficial ads about online courses
The University of the Philippines Diliman on Wednesday warned the public against the spread of advertisements claiming to offer online courses in the university's name......»»
Online booking fare slightly higher: Dcott
DURING the AFP-PNP-ISpeak press conference on Wednesday morning, March 20, 2024, at the Royal Mandaya Hotel, Aisa Usop, the manager of Davao City Overland Transport Terminal (Dcott), said that the fare for online booking is slightly higher than traditional fares, prompting inquiries from passengers......»»
SC defends judiciary from online abuse
“By merely having access to social media, private individuals could publish their thoughts without need of self-policing or adhering to the ethical standard required of the press. As a result, content could be created and shared with abandon, purely for clout for ‘likes’ and even disregard for the truth.” The post SC defends judiciary from online abuse appeared first on Bulatlat......»»
2GO powers logistics needs of online sellers in Centarl Luzon
2GO, the logistics and solutions company of the SM Group, has partnered with the Department of Trade and Industry (DTI) to help online entrepreneurs in Central Luzon move their products across the country......»»
UP warning vs ‘kalye surveys’ recirculates online
A warning by the University of the Philippines School of Statistics against the proliferation of surveys with unclear methodologies has recirculated online amid the declaration of several personalities of their potential candidacies in next year’s elections......»»
Bills vs online piracy to be prioritized with public hearing
Two legislative measures granting additional capability to the Intellectual Property Office (IPO) in curbing online content piracy will be tackled during the recess of the Senate sessions......»»
Cebu City taxpayers can now avail services online
CEBU CITY, Philippines – Cebu City taxpayers can now avail of services of the Office of the City Assessors (OCCA) through an online portal according to OCCA’s computer division head. Nelyn P. Sanrojo, OCCA’s computer division head, said that clients could now avail of its services such as the issuance of a certified true copy.....»»
Students actively campaign against online sexual abuse and exploitation of children
With the Philippines ranking as the number one hotspot of online sexual abuse and exploitation of children (OSAEC) and child sexual abuse and exploitation materials (CSAEM), students in Davao are speaking up and actively campaigning for digital protection and internet safety. “My only hope for digital technology in the future is for it to be […].....»»
Mother nabbed for ‘sexually exploiting’ 8-year-old daughter online
CEBU CITY, Philippines – A 31-year-old mother from Cebu City will be spending some time in jail after she was nabbed for allegedly peddling her 8-year-old daughter by offering the child’s explicit photos and videos to foreign customers online. The suspect (name withheld) was tagged as a high-volume producer and seller of child pornography. The.....»»