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LTG delivers steady profit
LT Group Inc. of taipan Lucio Tan posted a slight improvement in its profit in the first quarter as strong performances from its banking and beverage units were weighed down by lower earnings contributions from other businesses......»»
Business units power up AEV profit to P4.9 billion in Q1
Conglomerate Aboitiz Equity Ventures Inc. (AEV) registered strong profitability in the first quarter, driven by higher contributions from its business units......»»
Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town
CEBU CITY, Dec. 17 (PNA) — Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in northern Cebu.........»»
Xinhua world economic news summary at 0900 GMT, March 18
BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»
Vehicle sales off to fast start in January
Car sales continued to rise in January, expanding by 15.5 percent to 34,060 units from 29,499 units in the same period last year, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association......»»
2023 annual sales by Geely Holding Brands rise 20% to 2.79m units
For the sixth consecutive year, Geely Holding achieved more than 2 million units in aggregate sales......»»
Bianca in giant third-round slide
Bianca Pagdanganan stumbled big-time in the third round of the JM Eagle LA Championship with a six-over 77 to crash out of the Top 14 and into the near bottom Saturday in California......»»
Almadro upbeat on UP volleyball s future
Despite finishing at the bottom of the UAAP Season 86 women’s volleyball tournament, people should watch out for the University of the Philippines in the coming years, Fighting Maroons head coach Oliver Almadro said......»»
Phoenix beats NLEX by a mile
Sitting near the bottom of the team standings, playoffs-chasing Phoenix knew it needed to make its move – and fast......»»
Make public schools local
It is obvious that we need more than the million plus DepEd bureaucracy to fast track the resurrection of our international reputation badly tarnished by results of recent international tests placing our children at the bottom of a list of many countries in terms of reading and math skills. More than our bruised national ego, our learning poverty of 90 percent dooms the economic future of our country......»»
Off day: EJ Obiena far from best in World Indoor Championships, places 9th
Coming off a pair of golden performances, EJ Obiena struggles in the World Athletics Indoor Championships as he finishes at the bottom half of the 11-man field topped by Armand Duplantis.....»»
Human rights panels urged to hear out Lascañas testimonies vs Dutertes
Palabay added that with several whistleblowers like Lascañas coming forward with their revelations, the government’s rights commission and the congressional human rights committees should exercise their mandate in “getting to the bottom” of drug-related killings under Rodrigo Duterte’s terms as Davao City mayor until his presidency......»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
Corporate Cup golf: BCM, Perfect Drive mount early leads
Karl Flores scored 46 points while Gerry Aguado and Arnel Panganiban added 44 and 42 to lift BCM Balayan to a commanding lead in Group 4 after the first round of the 18th Corporate Cup held at the Camp John Hay Golf Club......»»
PBBM doles out P265M to LGUs affected by floods, landslides
DAVAO CITY (MindaNews / 8 February)—President Ferdinand Marcos Jr. led on Wednesday the turnover of P265 million in cash assistance to 12 local government units (LGUs) to aid them in recovering from the effects of the heavy rains and landslides brought about by the shear line and the low pressure area the past days. The […].....»»
Mati City, 10 municipalities in Davao Oriental suspend classes, work
Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»
PNB books 10.4% growth in Q1 income
Philippine National Bank of tobacco and airline magnate Lucio Tan booked a 10.4-percent increase in earnings to P5.31 billion in the first quarter from a year-ago level of P4.81 billion, boosted by core business growth and lower credit provisions......»»
Vape products to contain graphic health warnings
Just like tobacco products, e-cigarette or vape products available in the local market shall contain graphic health warnings soon, according to the Department of Health......»»
PMFTC elects new president
Cigarette manufacturer PMFTC Inc., the local affiliate of US-headquartered tobacco giant Philip Morris International (PMI), will have a new president beginning May 1, the LT Group Inc. (LTG) announced yesterday......»»
Tobacco output seen surpassing 42 million kg this year
The country’s tobacco production this year could expand to a three-year high of over 42 million kilograms on the back of higher demand and better prices, the National Tobacco Administration (NTA) said......»»