Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»
Tallest Megaworld hotel to rise in Pasig
Real estate giant Megaworld is building the tallest hotel development in its portfolio - a 31-story structure inside the company’s 12.3-hectare ArcoVia City township along C5-Road in Pasig City......»»
Megaworld expands hotel presence in Palawan
Andrew Tan led-Megaworld is expanding its hotel footprint in Palawan......»»
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% […].....»»
Megaworld posts record financial outcome in 2023
Real estate giant Megaworld Corp. capped off 2023 with a record financial performance, posting a net income of P19.4 billion, 26 percent higher year-on-year......»»
Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong
Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»
SBI s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24
New Delhi [India], May 9 (ANI): The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net profit during the entire financial year 2023-24 rose by 20.55 per cent to Rs 67,085 crore as against.....»»
Philippines sees increase in hotel bookings from overseas in 2023 — report
Hotel bookings from overseas rose in the Philippines in 2023, a report on hotel booking trends by hotel channel manager SiteMinder found......»»
Pasig City tells hotel to explain disregard of senior discount or face closure
MANILA, Philippines — Pasig City on Wednesday ordered a hotel to explain why the local government should not issue a cease and desist order after it denied a 20-percent discount to a senior citizen. INQUIRER.net will withhold the name of the establishment and its hotel management until it gets the side of the hotel company......»»
Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
Philippine coconut exporters secure $10.98 Million in sales at Anuga Trade Fair
10 Philippine coconut exporters secured approximately $10.78 Million in potential sales and $200,000 in actual sales, after their successful participation in the Anuga Trade Fair held in Cologne, Germany earlier in October......»»
Vehicle sales seen to reach 500,000 units this year
Vehicle sales in the country may hit 500,000 unit sales this year, driven by new models and production as well as better economic performance......»»
Training on ICC model for international sales contracts
The Center for Global Best Practices will host an in-person training on the International Chamber of Commerce model for international sales and contracts, its relevant rules, standards and practices, on April 23, from 9 a.m. to 5 p.m. at the EDSA Shangri-La Hotel, Mandaluyong City......»»
Rapper-singer arrested, foreigner injured in Cebu City hotel shooting
CEBU CITY, Philippines – A rapper-singer was arrested while a foreigner got injured in a nearly fatal shooting that took place inside a hotel compound in the uptown area here on early Sunday morning, March 17. Police in Mabolo confirmed a shooting alarm in front of a popular bar inside a hotel compound in Brgy. Lahug,.....»»
Hotel Sogo, Victoria Court trending among Filipinos before Valentine’s Day, report
MANILA, Philippines — Hotel chains Hotel Sogo and Victoria Court trended among Filipinos in the days leading up to Valentine’s Day this year, with the former garnering over two million reach on social media, a social listening report revealed. A report from Capstone-Intel released on February 14 showed that Filipino social media users loved to.....»»
Bai Hotel Cebu Celebrates Chinese New Year 2024
Bai Hotel Cebu welcomed the Year of the Wooden Dragon with the traditional Yee Sang tossing, a Dragon and Lion Dance, and the lighting of firecrackers on February 9, 2024. Fueling the increase of abundance and prosperity, the mixing of the Chinese New Year staple salad, Yee Sang, was led by the hotel’s Vice President.....»»
Waterfront Cebu City Hotel and Casino Welcomes the Year of Wooden Dragon with a Blast
Enriched with the Lunar New Year spirit, Waterfront Cebu City Hotel and Casino celebrated the Chinese holiday with an energetic Wushu performance, a Lion and Dragon dance, and the prosperity tossing of Yee Sang on February 9, 2024. Officially opened by Bryan Lasala, the establishment’s Resident Manager and Officer-in-Charge for Hotel Operations, the gathering exhibited.....»»
Fili Hotel Celebrates Love with Irresistible Valentine’s Offerings
Love is in the air, and Fili Hotel is set to make this Valentine’s Day an affair to remember with a host of romantic offerings and delightful experiences. Whether you’re looking for the perfect gift or planning a special evening with your loved one, Fili Hotel has you covered. Fili Lobby Lounge Royal Valentine’s Afternoon.....»»