<?xml encoding=”utf-8″ ?????????> In recent years, the ever-changing disaster recovery landscape has seen tremendous upheaval. Increasing cybersecurity dangers have evolved as firms increasingly adopt cloud technology and remote workforces. Recent findings illuminate these tendencies, stressing the importance of effective resilience strategies. In recognition of rising digital dangers, 60% of substantial […]
June remittances hit 6-month high
Cash remittances rose to a six-month high in June. — REUTERS By Keisha B. Ta-asan, Reporter MONEY SENT by overseas Filipino workers (OFWs) rose to a six-month high in June, data from the Bangko Sentral ng Pilipinas […]
House panel approves bill seeking to reform military pension system
The government is pushing to reform the pension system for military and uniformed personnel. — PHILIPPINE STAR/EDD GUMBAN A HOUSE of Representatives ad hoc committee approved on Tuesday a consolidated bill that seeks to reform the military […]
High inflation fails to dampen vehicle sales in July
TRAFFIC builds up along EDSA during morning rush hour, Feb. 2, 2023. — PHILIPPINE STAR/ MIGUEL DE GUZMAN THE PHILIPPINE auto industry recorded a 33% increase in vehicle sales in July, even as elevated inflation dampens overall […]
Approved foreign investment pledges jump by 28% in Q2
PHILIPPINE STAR/EDD GUMBAN FOREIGN INVESTMENT PLEDGES approved by investment promotion agencies (IPAs) rose by an annual 27.8% in the second quarter, data from the Philippine Statistics Authority (PSA) showed. Total foreign investment commitments jumped to P59.09 billion […]
Megawide swings to net profit as revenues double
MEGAWIDE CONSTRUCTION Corp. booked a second-quarter attributable net income of P370.28 million, a reversal of the P64.93-million loss incurred a year ago, as revenues for the period doubled. From April to June, the company’s top line reached P6.76 billion, which is nearly twice last year’s P3.47 billion. “Construction is on […]
Sia-led MerryMart, DDMP REIT post higher income
MERRYMART FB PAGE LISTED COMPANIES led by Edgar J. Sia II reported mixed second-quarter earnings results on Tuesday, with retailer MerryMart Consumer Corp. recording the biggest profit growth amid higher revenues. MerryMart’s attributable net income for the […]
Globe to defend mobile market lead
GLOBE TELECOM, Inc. aims to defend its mobile market leadership after the results of the subscriber identity module (SIM) registration showed that it still has the highest number of subscribers, its top official said. “I think it […]
Business units drive FDC’s nearly 33% income growth
FILINVEST Development Corp. (FDC) on Tuesday reported 32.6% higher attributable net income for the second quarter to P1.79 billion from P1.35 billion, due to gains from its business segments. In its financial statement, the company booked a […]
AboitizPower unit to build 2 solar power plants: in Zambales, Negros Occidental
ABOITIZ POWER Corp. (AboitizPower) through its renewable energy arm is set to build two new solar power projects in Negros Occidental and Zambales, further expanding its renewable energy capacity, the listed energy company said on Tuesday. AboitizPower […]