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State firms spent better in February

State agencies recorded a better spending rate as of February as the government ramped up the release of its cash allocations to fund various projects......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Oil firms to slash pump prices on April 30

Oil firms are set to implement a rollback in pump prices on Tuesday, April 30. .....»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

CDC, Landbank offer online payment option for Clark firms

CDC, Landbank offer online payment option for Clark firms.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

DOH warns health workers vs gifts from pharma firms

The DOH on Monday issued a memorandum on upholding ethical standards following reports of pharmaceutical firms offering privileges to medical professionals and using multi-level marketing tactics to promote prescriptions. .....»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

IT-BPM firms deemed best places to work in Philippines

Firms engaged in information technology and business process management topped this year’s list of the best places to work in the country......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Korean firms to help curb Northern Samar floods

Korean firms to help curb Northern Samar floods.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

2 logistics firms expand in Balamban

2 logistics firms expand in Balamban.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Sandigan affirms dismissal of forfeiture vs 3 coco levy firms

The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

BCDA remits P1.1 billion to government

The Bases Conversion and Development Authority has remitted P1.1 billion in dividends to the national government to support efforts to drive economic growth......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

Chinabank declares P5.9 billion cash dividends

Sy-led China Banking Corp. will reward its shareholders with a record P5.9 billion in dividend payments, 16 percent higher compared to last year, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

VistaREIT amends its disclosure, cumulative divs reach 90% of distributable income

Yesterday, I wrote about the VistaREIT Q4 dividend, and how (despite its gargantuan size) it was insufficient to drag VREIT’s cumulative FY23 dividends up above 90% of its reported distributable income for FY23 as required by the REIT Law......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

MIAA doubles profit in 2023

The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Phoenix lacks the retained earnings to pay PNX4 and PNX3B divs

The PSE sought an update from Dennis Uy’s Phoenix Petroleum on the non-payment of dividends to shareholders of its PNX4 preferred shares and PNX3B preferred shares......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

How does LTG derive income from PNB when PNB hasn’t declared dividends?

I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Gains of BARMM highlighted in 5th anniversary feast

Personnel of regional agencies commemorated on Sunday the fifth founding anniversary of the Bangsamoro Autonomous Region in Muslim Mindanao, proud of what is for them markedly visible dividends it has gained from its security and economic initiatives since......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

131 cities, towns now under state of calamity

A total of 131 cities and towns have been placed under state of calamity because of the effects of El Niño, which is expected to persist until the end of May, the government said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

103 areas under state of calamity due to heat

A total of 103 cities and towns have been placed under a state of calamity because of El Niño, while the number of persons affected by the weather phenomenon has reached 2.1 million, according to Task Force El Niño spokesman and Presidential Communications Assistant Secretary Joey Villarama......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Two ex-convicts yield over P700,000 ‘shabu’ in Cebu City

CEBU CITY, Philippines – Two ex-convicts were sent back behind bars after yielding P700,000 worth of illegal drugs during a buy-bust operation on Thursday morning at the San Jose Village, Cabarrubias Street in Barangay Tisa, Cebu City The anti-illegal drugs operation was conducted at around 12:10 a.m. on Thursday by operatives of the City Intelligence.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

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