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SSS revenue soars to P362 billion in 2023

The mandatory contribution hike and the increase in new members boosted the revenues of state-run pension fund Social Security System to P362 billion last year......»»

Category: financeSource: philstar philstarFeb 14th, 2024

SSS targets 20% profit hike to P100 billion

State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

SSS releases P257 billion in benefit payments

State-run pension fund Social Security System released P257.4 billion in benefit payments to 4.7 million members last year......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

SSS savings scheme hits P80 billion

The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Upson income drops despite record revenue

Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Ports regulator posts record high revenue

The Philippine Ports Authority has posted a new all time high revenue in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

LRTA breaches pre-pandemic revenue level

The Light Rail Transit Authority reaped the benefits of economic reopening in 2023 as its revenue breached pre-pandemic levels......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

JG Summit core profit soars in 2023

Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Metrobank soars in 2023 with back-to-back local and international awards

Metropolitan Bank and Trust Co. (Metrobank) continued its upward momentum in 2023 as it brought home awards that demonstrated its strength and reliability for clients and cemented its leadership in the industry......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

IT-BPM revenue hits $35.5 billions

Revenues of the information technology-business process management industry climbed by more than nine percent to hit $35.5 billion in 2023 from $32.5 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

DOF sticks with P4.3 trillion revenue goal

The Department of Finance is keeping its P4.3-trillion revenue target for the year, banking on non-tax measures even amid less optimistic expectations on overall economic expansion......»»

Category: financeSource:  philstarRelated News18 hr. 52 min. ago

Internal revenue stamps for vape products mandatory by June

Bureau of Internal Revenue Commissioner Romeo Lumagui Jr. reminded the public that internal revenue stamps will be mandatory for all imported and locally manufactured vape products in the market by June 1, 2024, as stated in Revenue Memorandum Circular 59-2024......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Philippine IP body warns of revenue loss due to online piracy

The Intellectual Property Office of the Philippines (IPOPHL) on Tuesday said online piracy has been causing revenue losses for the country, and that it would cost more if it remains unaddressed......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Philippines wraps ITB Berlin with P489-M projected revenue

The Philippines concluded its participation in the Internationale Tourismus-Börse (ITB) Berlin 2024 in Germany last month, drumming up sales leads with projected revenue amounting to over P489 million......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

LRT-2 revenue, ridership up in 2 months

The Light Rail Transit Authority grew its revenue collection by double digits in the first two months of the year, reaping the benefits of recovering ridership at the Light Rail Transit Line 2......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

LRT-2 operator expects higher revenue this year

The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

DMCI Holdings net income down 20% to P24.9B as revenue drops

DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

LTO eyes P43B revenue, vehicle registration

LTO eyes P43B revenue, vehicle registration.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024