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PBB nets P1.82 billion in 2023
Philippine Business Bank posted a net income of P1.82 billion in 2023, up 39.1 percent or P513 million from the P1.31 billion recorded in 2022, the bank said in a disclosure to the Philippine Stock Exchange......»»
Cosco nets P12.4 billion in 2023
Lucio Co’s listed retail holding firm Cosco Capital Inc. registered a slight improvement in profitability in 2023, driven by strong operating performance from all business segments......»»
Operation Counterflow nets 300 drivers in one week
MANDAUE CITY, Philippines — After a week of launching ‘Operation Counterflow,’ more than 300 drivers were already issued citation tickets by The Traffic Enforcement Agency of Mandaue (TEAM). TEAM Operations Head Arnold Malig-on said on Friday, March 8, that most of the apprehended vehicles were motorcycles, with a few Public Utility Jeepneys (PUJ) also included......»»
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......»»
China Bank nets record P22 billion
Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023......»»
Jimmy Butler returns from 7-game absence, guides Heat past Nets in overtime thriller
Jimmy Butler scored 31 points in a successful return from a sprained toe and hit the go-ahead free throws with.....»»
Energy policy failure
The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»
NBA: James triple-double pulls Lakers past Grizzlies
LeBron James returned from a one-game absence to post a 23-point triple-double on Wednesday and lead the Los Angeles Lakers to a 136-124 NBA victory over the Memphis Grizzlies. James sat out the Lakers’ come-from-behind double-overtime victory over the Milwaukee Bucks on Tuesday with a sore left ankle. READ: NBA: Giannis tows Bucks over Thunder .....»»
3 Cebu fires on Tuesday raze over P2.4M in properties
CEBU CITY, Philippines — The 3 Cebu fires that struck Cebu on Tuesday burned over P2.4 million worth of properties and left over 400 individuals homeless. On Tuesday, March 19, 2024, firetrucks can be heard blazing through the streets of Cebu City and Talisay City as they responded to 3 separate fires. At around 11:14.....»»
West divided over seizing Russian assets - Bloomberg
France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday. &n.....»»
Red-tagger Badoy guilty of indirect contempt over red tagging of Manila judge
The Supreme Court found NTF-ELCAC spokesperson Lorraine Badoy guilty of indirect contempt over her multiple pronouncements against a Manila Regional Trial Court judge over a decision which denied the proscription petition of the Department of Justice against the CPP-NPA......»»
Baby Falcons on cusp of crown
Adamson inched closer to its first title in over three decades by carving out a 77-71 comeback win over National U-Nazareth School in Game 1 of the UAAP Season 86 high school boys’ basketball finals over the weekend at the Filoil EcoOil Centre in San Juan......»»
6th Magis Eagles Football Cup kicks off with over a hundred teams
CEBU CITY, Philippines—- Over a hundred teams will start competing in the 6th SHS-AdC Magis Eagles Football Cup, which unfolds tomorrow, February 3, at the SHS-AdC Julian Hernando Athletics Field in Barangay Canduman, Mandaue City. According to SHS-AdC athletic director Jon Ralph Christopher Jiao Inot, they have already gathered over 100 teams that have enlisted.....»»
Over 600-K affected by shear line in Davao
Over 600,000 people in Davao Region were affected by a shear line, causing unprecedented damage and extensive flooding and landslides. The regional director of the Office of Civil Defense-Davao Region emphasized the need to address these issues and called for collaboration to prevent future disasters. The agriculture sector suffered over P50 million in damages, while infrastructure incurred around P25 million in damages. The report also highlighted the impact on road sections, bridges, and houses, with significant assistance provided by OCD-Davao. Plans are underway for a region-wide flooding dialogue and realignment of projects with disaster prevention efforts in collaboration with the Department of Public Works and Highways. Related stories include urging proactive measures in establishing disaster services at barangays and the expedited release of aid for Davao disaster victims......»»
Diokno turns over DOF helm to Recto
Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»
Cebu City asserts jurisdiction over port extension area
Cebu City asserts jurisdiction over port extension area.....»»
Papua New Guinea landslide buries over 2,000 people – report
PORT MORESBY — Papua New Guinea informed the UN on Monday that more than 2,000 people were buried in a massive landslide that swept over a remote village, according to a copy of the letter obtained by AFP. “The landslide buried more than 2,000 people alive and caused major destruction,” the country’s national disaster center.....»»
Workers air alarm over rising terrorist financing cases
Aside from continuing human rights violations, the Center for Trade Union and Human Rights (CTUHR) is alarmed over increasing terrorist financing cases being filed against labor leaders......»»
DBP eyes over P30 billion from bond sale in Q4
State-run Development Bank of the Philippines plans to raise over P30 billion from a bond issuance in the fourth quarter of the year......»»
18 families to sue Cebu City, gov’t officials over ‘broken’ relocation site promise
18 families to sue Cebu City, gov’t officials over ‘broken’ relocation site promise.....»»