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Oil Prices Set to Drop After 5 Weeks of Increases

Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Landbank income improves by 11 percent in Q1

The net income of state-run Land Bank of the Philippines increased by 11 percent to P12 billion in the first quarter from P10.8 billion in the same quarter last year, mainly driven by high interest income from loans......»»

Category: financeSource:  philstarRelated NewsMay 12th, 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

Beyond the Raise: Mastering Financial Prosperity Post-Income Boost

Are you still feeling broke even if you already had a salary increase or a new stream of income? You are not alone. Feeling broke can sometimes not be just not a feeling — it can be your real situation. Feeling broke despite an increase in income can be caused by different factors, which include […].....»»

Category: newsSource:  metrocebuRelated NewsMar 14th, 2024

Philippines upper middle-income status seen to boost insurance penetration

Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion

Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 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

Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income

Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Gaza war: Death and ruins at shattered Al-Shifa hospital

Hundreds of people stared at the smoke-blackened ruins of Gaza’s biggest hospital on Monday, horrified by the damage and death left behind by a fierce two-week battle between militants and Israeli troops. The crowd stood amid debris and large mounds of dirt at the foot of a shell-pocked five-story building in the sprawling Al-Shifa complex.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

UN observers injured in blast during patrol in southern Lebanon

Three UN military observers and a Lebanese translator were injured in southern Lebanon on Saturday when a shell exploded near them in the village of.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 31st, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Wildlife forensics: how science is helping to combat a billion-dollar organized crime industry

Another day at the airport, another routine inspection for a Customs Officer.She finishes examining the contents of one shipment - nothing of note. But then, she spies a crate labeled 'exotic reptiles.'Suspicious, she opens the shipment and begins to search among the crates. And there, tucked away in a corner, is a collection of turtle shells and other wildlife products.She pauses. Have these shell.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

Philippine graft buster responds

You must know by now that if you’re a businessman in the Philippines, you have to shell out a lot of money to do business in our nation of 114 million......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

GT Capital Holdings ends Q1 with P7.06 billion net income

GT Capital Holdings ends Q1 with P7.06 billion net income.....»»

Category: newsSource:  sunstarRelated News9 hr. 38 min. ago

COL Financial Q1 profit: P116-M (down 27%)

COL Financial reported a Q1 net income of P116 million, down 26.6% from its Q1/23 net income of P158 million......»»

Category: financeSource:  philstarRelated News13 hr. 9 min. ago

Strong Residential Sales, Mall and Hotel Revenues Boost Megaworld’s Q1 Profit

Property giant Megaworld, the country’s leading township developer, saw its net income climb to P5.0-billion during the first quarter of 2024, a significant 10% increase from the same period last year. Net income attributable to shareholders of the parent company stood at P4.4-billion, marking an 8% growth year- on-year. Consolidated revenues grew by 16% to […].....»»

Category: newsSource:  metrocebuRelated NewsMay 20th, 2024

Sun Savings Bank achieves P79M net income, expands consumer loan offerings for 2024

Sun Savings Bank achieves P79M net income, expands consumer loan offerings for 2024.....»»

Category: newsSource:  sunstarRelated NewsMay 19th, 2024