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Linamon’s Coconut Festival
Linamon in Lanao del Norte commemorates its 64th foundation day with the vibrant Hudyaka sa Lubi (Coconut Festival), a celebration showcasing the town's thriving coconut industry, on 23 January 2024. This annual event serves as a testament to the community's deep-rooted connection to the coconut, an essential element of their cultural and economic identity. MindaNews photo by AUDREY LLAMAS.....»»
Expired canned goods, poultry wastes unearthed in the farm of Palompon mayor
ORMOC CITY, Leyte —Tons of poultry wastes and expired canned goods, believed to be intended as donations for Yolanda victims, were unearthed from a farm in Palompon, Leyte, reportedly owned by the town’s mayor, Ramon Oñate. On Sunday, January 21, 2024, the Department of Environment and Natural Resources (DENR) Region 8 spearheaded the excavation of.....»»
MOU on crude coconut oil export to Europe
The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»
Manny Villar pinakamayaman pa rin sa ‘Pinas
Tumataginting na P621 bilyon ang net worth ni dating Senate President Manny Villar kaya siya pa rin ang pinakamayaman sa Pilipinas base sa listahan ng Forbes magazine. The post Manny Villar pinakamayaman pa rin sa ‘Pinas first appeared on Abante......»»
Century Pacific expands and extends coco product supply agreement with Vita Coco
Century Pacific Food said that it has entered into a new agreement with The Vita Coco Company, which CNPF describes as a “global leader in the coconut water category”, to supply Vita Coco with 90 million liters of coconut water over the next five years......»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
Axelum inks multi-year deal with Vita Coco
Axelum Resources Corp., a listed integrated manufacturer and exporter of premium coconut products, has sealed a new multi-year deal with The Vita Coco Co Inc., one of the world’s largest coconut water brands......»»
PHL coco exports grow 78%
Exports of coconut oil and other coconut by-products reached an unprecedented level of $1.57 billion, 78 per cent more than last year’s value of $884 million, records of the Philippine Coconut Authority show......»»
El Niño to slash coconut oil exports
The El Niño phenomenon is seen pulling down the country’s coconut oil exports by a fifth in market year 2024-2025 to 900,000 metric tons, according to an international agency......»»
Villar patriarch places 190 in Forbes Top 200 billionaires
Villar ranked 190 out of the 200 billionaires in the world in 2024 with a total net worth of $11.7 billion (P660,125,700,000) coming from $8 billion (P451,376,000,000) in 2023, according to Forbes magazine......»»
Villar pushes extension, higher budget for RCEF
Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»
Villar: Biz groups just want ease of doing business
Instead of amending the 1987 Constitution, business groups want the government to focus on the effective implementation of the ease of doing business law and addressing the problem of corruption, Sen. Cynthia Villar said yesterday......»»
Sales agent nabbed for 2 counts of rape in Liloan
CEBU CITY, Philippines — A sales agent, who was accused of two counts of rape, was arrested in Yati Liloan on Monday evening, January 29, 2024. The suspect was identified as Leonard Raya Villar, 36 years old, a resident of Barangay Labangon, Cebu City. Villar was considered the Top 8 Most Wanted Person (MWP) at.....»»
Villar’s PREIT utilizes IPO proceeds for energy projects
Billionaire Manuel Villar Jr.’s Premiere Island Power REIT Corp. has used up all of the proceeds it obtained from its initial public offering to bankroll energy projects in Luzon......»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
Garcia wants Cebu LGUs to turn plastic waste into cash
Garcia wants Cebu LGUs to turn plastic waste into cash.....»»
Beyond the Raise: Mastering Financial Prosperity Post-Income Boost
Are you still feeling broke even if you already had a salary increase or a new stream of income? You are not alone. Feeling broke can sometimes not be just not a feeling — it can be your real situation. Feeling broke despite an increase in income can be caused by different factors, which include […].....»»
Philippines upper middle-income status seen to boost insurance penetration
Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»
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% […].....»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»