Alliance Global Group, Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, reported a net income of P19.3 billion in the first nine months of the year, registering a growth of 4% from the P18.7-billion level the year before. Excluding non-recurring gains, core profit grew 9% to P19.1-billion from P17.6-billion the previous year. …
COMMUNITY
Asiamoney awards BDO for its banking excellence
BDO Unibank, Inc. is the most outstanding financial institution in the Philippines according to the results of Asiamoney’s 2019 Asia’s Outstanding Companies Poll. The financial publication’s annual survey “recognizes publicly-listed companies across the region for their excellence in a variety of business areas and markets.” Winners from 12 markets in Asia are nominated and voted …
Double digit growth in core businesses boost Megaworld’s 9-mo profits anew Profits soar 17% to record high of P13.7B as rental, hotel businesses register unprecedented growth
Megaworld, the country’s largest developer of integrated urban townships and the biggest landlord of office spaces, registered a net income of P13.7-billion during the first nine months of the year, up 17% compared to P11.7-billion during the same period last year. Excluding non-recurring gain of P189-million, net income grew by 16% to a new …
Water Advisory
Water Interruption in the Service Area The Bacolod City Water District (Baciwa) informs consumers they may experience a temporary water supply interruption and/or turbid water in some portions of the service area due to an intermittent power supply. Schedule: Sunday (November 10), from 6:00 a.m. to 6:00 p.m. Affected Areas: Espinos Village; Libertad downstream; Vista …
Pag-IBIG allocates P5B in Calamity Loan funds for members affected by Mindanao quakes
The top executive of Pag-IBIG Fund announced that around P5 billion in Calamity Loan funds are ready for members affected by the string of devastating earthquakes that hit Mindanao. “Following the directive of President Rodrigo Roa Duterte to provide Filipinos with responsive social benefits and considering the plight of those affected by the strong earthquakes …
Drive your dream car with Toyota’s November Price Knockdown promo
Get the best deals on select variants of Vios, Innova, Fortuner, Hilux, and more This November, Toyota Motor Philippines (TMP) brings back its inventory clear-out sale with the November Price Knockdown promo! Avail the biggest discounts and get exclusive packages on 11 of Toyota’s best-selling models: Vios, Innova, Fortuner, Avanza, Corolla Altis, Hiace, Wigo, …
Members save record-high P37B in Jan-Sept 2019 in Pag-IBIG Fund, up 26%; MP2 Savings breach P8B, up 176%
Pag-IBIG Fund members saved P36.95 billion during the first nine months of 2019, growing 26 percent year-on-year and setting a new record for the highest amount saved by members for any January to September period. “We are happy that more Filipino workers are saving with the Pag-IBIG Fund. The trust and confidence in our savings …
Cebu Pacific welcomes second batch of cadet pilots
Search for next batch of Cebu Pacific Cadet Pilots opens A second batch of cadet pilots from Cebu Pacific successfully completed 56 weeks of rigorous and complex training at the prestigious Flight Training Adelaide (FTA) in Australia and are set to join the pilot corps of the Philippines’ leading carrier. The second batch of …
Sugar Industry Foundation holding writing competition
In observance of their 50th year of service, the Sugar Industry Foundation, Inc. (SIFI) is holding a story-writing competition, which is open to all past and current SIFI beneficiaries. The story must be written in English, constructed in essay form, from a first person perspective, and a maximum 2,500 words. It can be about a …
Cebu Pacific begins twice daily Cebu-Busuanga flights
The Philippines’ leading airline, Cebu Pacific, commences operation of direct flights between Cebu and Busuanga—the gateway to Coron, Palawan. Operated by Cebu Pacific through its wholly-owned subsidiary, Cebgo, the route has two flights daily. The first flight departs Cebu at 7:25 a.m., and arrives in Francisco B. Reyes Airport at 9:00 a.m.; while its return …