We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension…
MANDAUE CITY, Cebu – Bohol earned over P40 million in mining income in 2023, the provincial government reported. The amount was “record high” for the provincial government that only earned P16.8 million in 2022. In an advisory,…
Collecting taxes from social media influencers “might take some time” as the Bureau of Internal Revenue (BIR) admitted that cashing in on the growing digital space remained a difficult task for the agency. “We’re engaging the social…
The most important news on the statistics front is the upgrading of the government’s family income surveying to every two years instead of every three. The Philippine Statistics Authority (PSA) recently announced a budget of P590 million…
CEBU CITY, Philippines – As of October, the Cebu Provincial Government has collected 78.18 percent of its target revenue of P5.5 billion for 2021. Records from the Provincial Treasurer’s Office showed that the Capitol already posted an…
CEBU CITY, Philippines – With no existing loans or financial obligations from any institution, and with surging assets and increasing income, you can’t really blame Cebu Governor Gwendolyn Garcia to feel extra proud these days. Garcia announced…
CEBU CITY, Philippines — Visayan Electric Company has reported a net income of P2.6 billion for 2019, the company told its shareholders during its Annual Shareholders Meeting on Tuesday, May 19, 2020. Engineer Raul Lucero, Visayan Electric’s…
Income reports for the first quarter of the year are starting to paint a grim picture for many companies adversely affected by the coronavirus pandemic. The impact on businesses is mostly unfavorable, except for a very few…
CEBU CITY, Philippines— The year 2019 has taught us a lot of things, especially in dealing with our personal issues. It taught many of us to be more mature in handling personal stuff. So this 2020,…
CEBU CITY— Former Finance Secretary Roberto De Ocampo favors the Tax Reform for Attracting Better and Higher-quality Opportunities (TRABAHO) bill, the second package under the administration’s comprehensive tax reform program (CTRP). “The thrust of the administration in…
CEBU CITY, Philippines–Cebu Holdings Inc. registered a net income of P857 million, company president Aniceto Bisnar Jr. said during the stockholders’ meeting held on Monday, April 15. “This is 14 percent higher than our income from the…
CEBU CITY, Philippines — AboitizPower, Aboitiz Group’s holding company for investments in power generation, distribution, and retail electricity services, partly attributed the company’s P1.3 billion income growth in 2018 to the firm’s Pagbilao power plant and Manolo…
We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.