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Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Universal Robina FY23 profit: P12.8-B (down 12%)
Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»
That extra step: How TV Patrol verified Rep. Paolo Duterte s questionable PHP51-billion infrastructure budget
CHEERS TO ABS-CBN's TV Patrol for its report that confirmed that Davao City 1st District Representative Paolo Duterte received a total of PHP51 billion for infrastructure projects from 2020 to 2022, when his father, former president Rodrigo Duterte, was still in o.....»»
Jericho maraming tinanggihang pelikula nang maghiwalay sila ni Kim
MATAPOS makumpirmang hiwalay na si Jericho Rosales kay Kim Jones, may nakausap kaming direktor at producer na nagsabing maraming pelikulang tinanggihan ng aktor. Ito raw yung mga projects na pinitch nila sa noong 2020 hanggang 2021. Kung hindi kami nagkakamali ay nasa apat na pelikula ang nabanggit sa amin kaya nanghinayang sila pero naintindihan naman.....»»
SMC’s F& B unit nets record P38 billion in 2023
The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»
BDO profit hits record P73.4 billion in 2023
BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»
Quick rollout of PPPs to boost economic growth
The rollout of more infrastructure projects that involve the private sector is expected to prop up economic growth with the government likely to make up for its lagged spending last year, according to banking giant UBS......»»
Makers freeze prices of select items until July 10
Some manufacturers are implementing a voluntary price freeze until July to help address the impact of El Niño on prices of goods, according to the Department of Trade and Industry......»»
Camille Prats attends purity ball with son Nate: To stay pure until he finds the one
Camille Prats is "grateful" for her son Nate's decision to remain pure until he ties the knot as both of them recently attended a purity ball. .....»»
Lacson our governor until 2028, Ferrer says
Lacson our governor until 2028, Ferrer says.....»»
Maybe no Fed rate cuts in FY24?
A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»
‘No water interruption until April 30’
The Department of Environment and Natural Resources has assured Metro Manila residents of uninterrupted water supply until April 30 after the plan to decrease the water allocation starting April 16 was shelved as the water level in Angat Dam remained above 195 meters yesterday......»»
Prices expected to remain elevated until Q3
The Bangko Sentral ng Pilipinas sees inflation quickening further and staying above the two to four percent target until the third quarter due to the negative impact of weather conditions on agricultural production......»»
No classes in Cebu province due to extreme heat
CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»
MMDA to allow 24-hour road works by DPWH until April 11
The Metropolitan Manila Development Authority announced road reblocking and repairs by the Department of Public Works and Highways until next week......»»
‘STAY INDOORS’ | Extreme heat causes suspension of classes until April 2
‘STAY INDOORS’ | Extreme heat causes suspension of classes until April 2.....»»
Church visits are allowed only until 10 p.m. – Police chief
CEBU CITY, Philippines – Church visits on Maundy Thursday will only be allowed until 10 p.m. the chief of the Cebu City police announced on Thursday, March 28. Police Colonel Ireneo B. Dalogdog, City Director of the Cebu City Police Office (CCPO) said that the public is not allowed inside religious places past 10:00 p.m......»»
‘No new taxes likely until 2028’
The stance of Finance Secretary Ralph Recto against new taxes could extend until the end of the administration as the government will try to focus on improving tax collection efficiency first......»»
Metro Cebu will have generally fair weather until weekend — Pagasa Mactan
CEBU CITY, Philippines — Metro Cebu will experience “generally fair weather” until Monday, March 4, according to a weather specialist in Mactan. Jhomer Eclarino, weather specialist of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) in Mactan, confirmed this to CDN Digital on Thursday, February 29. Eclarino said that the temperature will range from.....»»
El Niño to persist until May, Cebu must brace for dry spell
CEBU CITY, Philippines — The public will have to endure the effects of El Niño until May. The Philippine Atmospheric, Geophysical and Astronomical Services Administration stationed (Pagasa) in Mactan said in their El Niño Southern Oscillation (ENSO) Advisory No. 9, that “mature El Niño is expected to continue and show signs of weakening.” “Majority of.....»»