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Bantag slips from NBI dragnet in Baguio City

Former Bureau of Corrections chief Gerald Bantag, for the second time, slipped from authorities early Saturday morning when agents of the National Bureau of Investigation- Cordillera Administrative Region (NBI-CAR) went to one of the alleged lair of the former corrections official in Mines View barangay in Baguio City......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

Quiban fades with 75; Caitlin blows field with record 62

Justin Quiban slipped in moving day and tumbled down the leaderboard with a 75 even as John Caitlin continued to pound the field and the course, posting a course record nine-under 62 to all but clinch the Saudi Open crown......»»

Category: sportsSource:  philstarRelated NewsApr 20th, 2024

T-bills upsized to P17 billion on lower rates

The government upsized its short-term securities to P17 billion as rates slipped across the board ahead of the inflation data release later this week......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Insurance penetration rate slips further to 1.6 percent

The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

GOCC subsidies down 18 percent to P164 billion in 2023

Budgetary support to state-run firms slipped to P164 billion last year amid a tight fiscal space but the health and agriculture sectors remain the priorities for subsidies......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Philippines dollar reserves slip to $102.67 billion

The country’s foreign exchange buffer slipped to $102.67 billion in February, the second straight month of decline, acccording to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Approved without thinking: P26.7-B ‘mysterious ayuda’

Another last-minute insertion in the 2024 national budget has been bared. The P26.7 billion was slipped in by the bicameral conference committee. Senators and representatives then ratified the bicam report. They are all thus answerable to the people for that hanky-panky......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Fisheries output slips in 2023

Local fisheries production in 2023 slipped by 1.8 percent to 4.26 million metric tons from 4.34 million MT in 2022 as catch by both commercial and municipal fishers decreased, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

Hoey loses steam at Pete Dye, falls to joint 26th after 70

Rico Hoey slowed down with a two-under 70 at Pete Dye’s Stadium course and slipped from joint third to a share of 26th halfway through the American Express now controlled by American Sam Burns in La Quinta, California Thursday (Friday Manila time)......»»

Category: sportsSource:  philstarRelated NewsJan 20th, 2024

Eala slides down two spots in latest WTA rankings

Alex Eala slipped a bit in the Women’s Tennis Association (WTA) rankings after an early exit in the 2024 Australian Open in Melbourne last week......»»

Category: sportsSource:  philstarRelated NewsJan 16th, 2024

Malixi endures scrambling finish, trails by 1 after 70 in Aussie Amateur golf tilt

Rianne Malixi narrowly missed forcing a tie for the lead, holing out with a mishap for a three-under 70 as she slipped to joint second with three others, one stroke behind Japanese Aina Fujimoto at the start of the Australian Amateur......»»

Category: sportsSource:  philstarRelated NewsJan 16th, 2024

Banks’ NPL ratio eases to 3.41 percent in November

The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Positive 2024 profit outlook for PAL, CebuPac

The country’s local airlines – flag-carrier Philippine Airlines and Gokongwei-owned Cebu Pacific Air – are likely to register a profit this year, based on global projections of the International Air Transport Association......»»

Category: newsSource:  philstarRelated NewsJun 6th, 2024

Positive 2024 profit outlook for PAL, CebuPac

The country’s local airlines – flag-carrier Philippine Airlines and Gokongwei-owned Cebu Pacific Air – are likely to register a profit this year, based on global projections of the International Air Transport Association......»»

Category: newsSource:  philstarRelated NewsJun 6th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Globe profit down to P6.8 billion in Q1

Mobile giant Globe Telecom Inc. incurred another quarter of lower profit as it reeled from broadband losses and quicker depreciation......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Cebu Pacific profit soars

Low-cost carrier Cebu Pacific reached a cruising altitude in the first quarter of the year, doubling its profit to more than P2 billion due to the holiday boom for air travel......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

SM Prime builds up profit to P10.5 billion

Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

PAL profit tumbles on price pressures

Flag carrier Philippine Airlines felt the shock of ballooning prices of fuel and services in the first quarter of the year, suffering a 13- percent drop in profit due to higher spending......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024