GSIS profit in Q1 soars to P37 billion

04/25/2024

MANILA, Philippines — The Government Service Insurance System (GSIS) increased its profit by 21 percent in the first quarter compared to last year, thanks to better investment earnings in important sectors. The pension fund for government employees announced…

Grab drivers in Cebu stage protest on ‘pay cuts’, app company responds

Morexette Marie B. Erram 11/10/2022

CEBU CITY, Philippines – More than 50 food and package delivery drivers for hailing and ordering app Grab staged a protest in Fuente Osmeña Circle, Cebu City on Thursday, November 10 over new company rules that negatively…

LTO-7  posts P1.6 billion earnings in 2019

Irene R. Sino Cruz 12/19/2019

CEBU CITY, Philippines — The Land Transportation Office in Central Visayas  (LTO-7) has posted P1.6 billion earnings in 2019. This was revealed by LTO-7 Regional Director Victor Caindec in an interview. According to Caindec, LTO-7 earnings has…

PH to double earnings if women are treated equal with men

Inquirer.net 05/20/2018

The Philippines can add about $40 billion to its domestic economy by 2025 — equivalent to double the current wealth of the country’s richest man, SM group founder Henry Sy – if women were equally treated to…

Cebu City’s 1st quarter earnings reach P2.5B

Nestle L. Semilla 05/05/2018

THE Cebu City government collected over P2.5 billion in revenue for the first quarter of this year, the bulk of which came from business taxes. Acting City Treasurer Veronica Morelos said the amount was around P200 million…

Privacy fears weigh on FB with earnings ahead

AFP 04/25/2018

FACEBOOK reports quarterly results Wednesday as it grapples with a data privacy scandal that strikes at how the huge social network makes money from what it knows about people. The earnings release comes just two weeks after…

Jeepney drivers suffer drop in earnings

Futch Anthony Inso 01/31/2018

JESSIE Manco used to earn P400-P500 daily as a jeepney driver. Now, his take home pay has dropped to P300-P400. The 41 year-old father of three blames the drastic drop of his earnings to the excise tax…

Cebu Landmasters earnings rose by 77%

Victor Anthony V. Silva 11/15/2017

HOMEGROWN property developer Cebu Landmasters, Inc. (CLI) booked a nine-month net profit of P959.8 million, up by 77 percent year-on-year on higher earnings from its real estate operations. In a disclosure to the Philippine Stock Exchange (PSE)…

GRAB WIVES ACADEMY: Managing their husband’s income

Cris Evert B. Lato-Ruffolo 09/03/2017

In the quest for a better life for her family, Donabelle Montejo, 36, literally took the wheel of her destiny into her hands and drove all the way to financial freedom. A native of Barangay Basak San…

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