Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family reported a 32.6 percent drop in net income to P618 million last year from the P917.3 million earned in 2022. In a disclosure to the Philippine Stock Exchange, the firm said that, in terms of core net income which excludes one-time...
The Armed Forces-Western Mindanao Command cited troops from the Joint Task Force Zamboanga Peninsula-Lanao (ZamPeLan) for neutralizing a sub-leader of the Daulah Islamiyah-Maute Group and four of his followers in Lanao del Norte on Monday, April 29. READ:...
Five members of local terror group Daulah Islamiyah-Maute Group died while five soldiers were wounded in a fierce gun battle in Munai, Lanao del Norte on Monday, April 29. Maj. Gen. Gabriel Viray III, commanding general of the 1st Infantry Division, said the operation stemmed from intelligence...
Global girl group UNIS added another date to their fan signing event in Manila to give more chances for people to meet them. UNIS will be holding their “U&iS Fansign Philippine Tour” in Manila and Cebu. The tour originally had two dates slated on May 4 at Ayala Center Cebu and...
Celebrating women in agriculture. Women represent more than 30 percent of farmers under the Jollibee Group Foundation’s Farmer Entrepreneurship Program (FEP), which enables smallholder farmers to enhance their technical and business skills so they can improve their harvest and their livelihood In...
The Commission on Audit (COA) has dismissed the P78.956 million payment claimed by Adlib International Sales, Inc. (AISI) from the Department of Budget and Management (DBM)-Procurement Service and the Presidential Security Group (PSG) for the supply and delivery of two mobile X-ray units in 2015....
As the audit and investigation into K-pop group NewJeans’ agency ADOR and its CEO, Min Hee-jin, continued about suspicions of a takeover attempt of ADOR, new news reports stated that she claimed the chairman of HYBE copied her ideas to create Grammy-nominated idol group BTS. ADOR is an...
Century Properties Group Inc. (CPG) reported that its strong credit rating of “AA+” has been reaffirmed by Credit Rating and Investors Services Philippines Inc. (CRISP) due to its sustained market position and continued revenue growth. In a statement, CPG said the rating agency stated that...
The officers and shareholders of MFT Group of Companies and The Foundry Ventures issued a statement reiterating their position that “we never engaged in securities transactions in violation of the Revised Securities Act.” They noted that the Securities and Exchange Commission has filed a...
Accounting firm Isla Lipana & Co. issued a statement pointing out that it is the auditor of Maria Francesca Tan (MFT) Group of Companies, Inc. only, and not any other companies under the group. “‘Maria Francesca Tan (MFT) Group of Companies, Inc.’ is our audit client. While the name of...
Grammy-nominated K-pop group BTS’ total donation to the “Love Myself" campaign in collaboration with the Korean Committee for UNICEF has reached 8.9 billion won (about $6.44 million). According to the Korean Committee for UNICEF on April 22, from 2017 to present, BTS and Big Hit Music...
The Department of Finance (DOF) has secured a standby fund from the World Bank that the Philippines can readily utilize during emergency or crisis situations. In a statement on Monday, April 22, the DOF announced that the signing of the Rapid Response Option (RRO) agreement with the World Bank...
