Dividends from governmentowned and controlled corporations (GOCCs) reached P96.45 billion in the first seven months, just P3.55 billion short of the P100-billion goal for the year.
Land Bank of the Philippines topped the list of contributing GOCCs with P32.12 billion. It was followed by the Bangko Sentral ng Pilipinas with P13.23 billion and the Philippine Deposit Insurance Corp with P10.68 billion.
Diese Geschichte stammt aus der September 08, 2024-Ausgabe von The Philippine Star.
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Diese Geschichte stammt aus der September 08, 2024-Ausgabe von The Philippine Star.
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ALI ind'l unit heating up cold storage business
The industrial real estate unit of property giant Ayala Land Inc is heating up its cold storage business as it looks to become a major player in the segment over the next five years.
Financial resources grow 10% as of July
The total resources of the country's financial system breached the P32-trillion level, posting a double-digit growth in the first seven months of the year, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Gov't urged to assist online sellers in BIR registration
Online entrepreneurs should be given proper assistance to comply with Bureau of Internal Revenue (BIR) registration requirements as the tax agency starts a crackdown on unregistered entities, an advocacy group said.
FLI diversifies into condotels
Filinvest Land Inc.(FLI) is adding the condotel business in its diverse project portfolio with the acquisition of outstanding shares in Fora Services Inc. (FOSI).
Maya, Grab team up for instant credit
Digital lender Maya Bank has partnered with Grab Philippines to offer instant credit services among eligible users, boosting Filipinos' access to financial solutions while integrating more convenience into their daily lives.
SMIC sees better H2 performance
Analysts see a stronger second half performance for the investment holding company of the Sy family.
SM Hotels taps TUV Rheinland for food safety, hygiene policies
SM Hotels and Conventions Corp.(SMHCC) has tapped testing service provider TUV Rheinland to ensure the highest standards of safety and quality for dining experiences.
Expanded regulatory power of GCG pushed
The Governance Commission on GOCCS (GCG) is expected to expand its regulatory powers once the 13-year-old law surrounding its mandate is amended.
Compliance woes stall Pag-IBIG home loan releases
The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is facing challenges in the release of its housing loans, with only a little over 50 percent of the target reached as of August.
Phl bond market slows in Q2
Philippine bond market growth moderated in the second quarter from the previous quarter due to lower government and corporate issuances, the Asian Development Bank (ADB) said.
