Globe Telecom Inc. hauled in P12.5 billion Corporate Data revenues in the 3rd quarter, 21 percent up from a year ago and 31 percent higher than the 2019 pre-pandemic level, the telco anbounced Tuesday, November 22. Information and communications technology (ICT) services grew 96 percent...
Globe Telecom Inc. has regained its pre-pandemic mobile revenue levels, hitting P27 billion for the second-quarter of 2022, the telco announced Tuesday, August 23. Year on year, Globe’s first half mobile revenue stood at P54 billion, a 3 percent improvement versus last year. It was powered...
The Philippine Ports Authority (PPA) netted P5.024 Billion earnings in the first six months of the year, up 9 percent versus the P4.611 billion in the same period in 2021, as the agency continues to rebound from the effects of the global pandemic. PPA’s net income is now only 13 percent down...
LA TRINIDAD, Benguet – Benguet generated the second highest revenue out of ten provinces identified by the Bureau of Local Government Finance (BLGF) as having significant earnings for fiscal year 2020-2021. Benguet is known as the top producer of highland vegetables and has the most mining...
Quezon City was named by the Department of Finance-Bureau of Local Government Finance (DOF-BLGF) as the top performing city in the country in terms of local revenue generation after it collected P22.9 billion in taxes in 2021, the city government said Wednesday, Aug. 3. The DOF-BLGF has announced...
The Muntinlupa City government took eighth place among cities in the Philippines in collection efficiency of local revenues in 2021. The Bureau of Local Government Finance (BLGF) under the Department of Finance (DOF) announced the top performing provinces, cities, and municipalities based on...
PLDT Inc. hit all-time high revenues on its enterprise business, hauling in ₱11.6 billion in the first quarter of 2022, seven percent more versus the same period last year, as the economy re-opened from the pandemic and more companies adopted ICT and data services. The robust uptake of fixed...
As Covid-19 restrictions ease and consumers favor a more digital lifestyle, PLDT Inc. hauled in ₱46.4 billion consolidated service revenues (net of interconnection costs) in the first quarter of 2022, up 3 percent from the same period last year, resulting in 56 percent increase in net income to...
The national government's budget deficit declined in the first three-months of the year after revenues grew by double-digits, outpacing the increase in public spending, the Bureau of the Treasury reported. On Wednesday, April 27, the Treasury bureau showed that the government incurred a P316.8...
PLDT Inc. expects another breakout year for its Enterprise business as the economy opens up following the COVID-19 pandemic. 77489 “We anticipate Enterprise revenues would grow on the back of the gradual reopening of businesses and opportunities to serve the needs of global hyperscalers with our...
76184 Smart Communications, Inc. (Smart) recorded 42.6 million active data users in 2021, up 11 percent versus the preceding year with the easing of mobility restrictions. "We are confident that with the easing of mobility restrictions, the increase in economic activity and the growing adoption of...
Barely two weeks after its initial public offering (IPO), Citicore Energy REIT Corporation (CREIT) has declared cash dividend of P0.035 per share; and it is expecting that to increase to P0.18 per share for year 2022. The initially declared cash dividend represents 102-percent of the estimated P229...
