Advertisements


We are sorry, the requested page does not exist




Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 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

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

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

GSIS income rises to P37 billion in January-March

The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime Holdings Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a P100 billion investment......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

EastWest Bank posts P6.1 billion in net income in 2023

EastWest Bank posts P6.1 billion in net income in 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Vista Land FY23 profit: P10.3-B (up 39%)

Vista Land and Lifescapes posted an FY23 net income of P10.3 billion, up 39% from its FY22 net income of P7.4 billion......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Century Pacific Food logs P5.6 billion income despite inflation

Century Pacific Food logs P5.6 billion income despite inflation.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Filinvest Development FY23 profit: P12.1-B (up 46%)

Filinvest Development, the Gotianun Family’s mid-tier conglomerate, posted an FY23 consolidated net income of P12.1 billion, up 46% from its FY22 consolidated net income of P8.3 billion......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Philippine Airlines FY23 profit: P21.2-B (up 105%)

Philippine Airlines reported a FY23 net income of P21.2 billion, up 105.5% from its FY22 net income of P10.4 billion......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Bloomberry posts FY23 profit of P9.5-B (UP 85%)

Bloomberry, the gaming arm of Enrique Razon’s diversified empire, posted a FY23 consolidated net income of P9.5 billion, up 85% over its FY22 net income of P5.1 billion......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Manila Water core income up 3-fourths to P9.6 billion

said its core income in 2023 expanded by three-fourths year-on-year to P9.6 billion on the back of higher consumer demand driven by better economic conditions......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

Landbank income exceeds P40 billion mark

State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

SM Prime set to return to bond market

SM Prime Holdings Inc. is returning to the bond market to raise another P100 billion......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024