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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......»»
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......»»
FACT CHECK: Did this vlog correctly state BBM’s net worth?
The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»
President Marcos gets ‘good’ satisfaction rating, Vice President Sara ‘very good’
Satisfaction with President Marcos decreased over the past year, but remained “good” at the end of 2023, a survey conducted by Social Weather Stations found. .....»»
Pro Tip: If It’s Too Good To Be True, It’s Probably a Scam
The allure of seemingly unbeatable opportunities can and will always be tempting, especially for those willing to risk it all for the promise of financial freedom with minimal effort. However, there’s a fundamental saying that can serve as a very good reality check against these opportunities: If it’s too good to be true, it probably […].....»»
Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos
Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»
Council to appeal March 1 as special non-working holiday in Davao City
The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Police: No truth to bomb threat at PI’s prayer rally
The Davao City Police Office (DCPO) has debunked a text message claiming a bomb threat at the People's Initiative (PI) “Unity for One Nation, One Prayer” rally in San Pedro Square. The message warned of possible explosions at Rizal Park, one of the rally venues. Despite the lack of credible threats, the police urged vigilance and cooperation from the public for safety. Approximately 300 police personnel were deployed to secure various rally points, with additional support from volunteers and security clusters. Task Force Davao also activated a high alert status as part of the city's security measures. Captain John Louie Dema-ala confirmed that the circulating threat was unfounded and aimed at intimidating rallyists. Despite this, nearly 17,000 Dabawenyos joined the rally to oppose the proposed Charter change (Cha-cha) movement. The police and security forces remain vigilant and are conducting ongoing investigations into the social media threat......»»
AllHome FY23 profit: P797-M (down 15%)
AllHome posted a FY23 net income of P797 million, down 15% from its FY22 net income of P933 million......»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
ICT FY23 net income down 17% to US $511-M
International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»
Call to tax the very richest arises from their own ranks
The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640. The post Call to tax the very richest arises from their own ranks appeared first on Bulatlat......»»
Sara Duterte thanks Marcos for continued trust
Sara Duterte thanks Marcos for continued trust.....»»
Petro Gazz s Palma underscores importance of trust
Petro Gazz captain Remy Palma reiterated the value of trust in Coach Koji Tsuzurabara’s system as the Angels strengthened their semis bid in the PVL All-Filipino Conference......»»
Marcos Jr., Speaker get highest trust, approval ratings in latest survey
President Marcos and Speaker Martin Romualdez garnered high trust and approval ratings in the recent “Boses ng Bayan” national survey conducted by RP-Mission and Development Foundation Inc. for the first quarter of 2024......»»
RCBC Trust’s AUM hits P161 billion in February
The trust and investment management arm of Yuchengco-led Rizal Commercial Banking Corp. saw its assets under management hit more than P161 billion as of February, as the number of its institutional clients grew significantly......»»
La Viña on Duterte’s advice to Quiboloy: “a good lawyer will advise to cooperate”
DAVAO CITY (MindaNews / 29 February) – “A good lawyer will advise Quiboloy to cooperate. No ifs and buts, no way around this,” Law professor and former Law dean Antonio La Viña said in reaction to former President Rodrigo Duterte’s advice to his friend and spiritual adviser Pastor Apollo Quiboloy to “get yourself arrested” instead […].....»»
LeBron James becomes first player to score 40,000 points
LOS ANGELES (Reuters) – LeBron James on Saturday became the first NBA player to score 40,000 career points, hitting a scoop layup off the glass in the second quarter of the Los Angeles Lakers home game against the Denver Nuggets. James, who entered the game needing nine points to reach the milestone, used a spin.....»»
Del Monte pads lead to 14 points with 154 at home
Del Monte lit it up on its home course yesterday, pooling 154 points built around the three-under-par 69 worth 57 points of Romeo Jaraula to open up a 14-point lead over Canlubang after the second round of Championship division play of the 75th Philippine Airlines Senior Interclub tournament......»»