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MPIC earnings surge 30% to P5.6 billion in Q1

Core earnings of conglomerate Metro Pacific Investments Corp. soared by 30 percent to a record high of P5.6 billion in the first quarter on strong performances by its business units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Lower March sales pull down Wilcon earnings in Q1

Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Gokongwei anchor firms RLC, URC post strong Q1 earnings

The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

GOCCs’ dividend remittance bumped up to 75 percent of earnings

The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Robinsons Retail posts higher earnings in Q1

Higher sales from new stores and sustained demand in the food retail and drugstores segments boosted earnings of Gokongwei-owned Robinsons Retail Holdings Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Strong corporate earnings boost market

The stock market advanced for a fifth straight session yesterday as strong corporate earnings in the first quarter helped buck negative cues from Wall Street overnight......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

BDU Unibank Inc. 2024 1st quarter earnings at P18.5B, up by 12%

BDU Unibank Inc. 2024 1st quarter earnings at P18.5B, up by 12%.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Fruitas earnings soar in 2023

Listed food and beverage retail operator Fruitas Holdings Inc. saw its earnings soar in 2023 on the back of all-time high annual revenues......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Stocks advance anew on rosy corporate earnings

Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Robinsons Retail core earnings slightly up in 2023

Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Sweltering heat across Asia was 45 times more likely because of climate change, study finds

Sweltering heat across Asia was 45 times more likely because of climate change, study finds.....»»

Category: newsSource:  sunstarRelated News16 hr. 50 min. ago

Mama s Boy : SB19 s Josh Cullen recalls tough times, pens Mother s Day letter

SB19's Josh Cullen is admittedly a "Mama's Boy" who grew up inspired by his mother Aldrene, who raised him and his sister through tough times. .....»»

Category: entertainmentSource:  philstarRelated NewsMay 13th, 2024

Mama s Boy Josh Cullen recalls tough times, pens Mother s Day letter

SB19's Josh Cullen is admittedly a "Mama's Boy" who grew up inspired by his mother Aldrene, who raised him and his sister through tough times. .....»»

Category: entertainmentSource:  philstarRelated NewsMay 12th, 2024

DOH: Pertussis cases 20 times more than last year

DOH: Pertussis cases 20 times more than last year.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

BATANG MINDANAW: Puhon

SURIGAO CITY (MindaNews / 02 February) – Puhon. In this day and age, this word carries more meaning than ever. We utter it, believing in it. At times, in casual conversations, we say it first; other times, we say it last — to express hope, to believe that our wishful thinking will happen by God’s […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

DENR cancels deal with Surigao cult over land violations

The Department of Environment and Natural Resources has terminated its agreement with the controversial Socorro Bayanihan Services Inc. due to violations of the terms governing a land grant in Surigao del Norte......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Landbank sees 2-digit earnings this year

Land Bank of the Philippines is looking at a double-digit growth in net income this year following a record performance in 2023......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Robinsons Land raised P8.5-B in RCR block sale

Robinsons Land sold just over 1.725 billion shares of RL Commercial REIT [RCR 5.01 ?3.5%; 143% avgVol] in an overnight block sale after initiating a private sale process with BPI Capital......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Pasig City shuts down online gambling outlets over addiction, human trafficking

'Wala naman silang magandang naidudulot sa lipunan,' says Pasig City Mayor Vico Sotto, who also alleges corruption in the issuance of permits for gambling establishments before he took over in 2019.....»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2024