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T00:24 Business World L
Maynilad aims to add 14,000 customers to sewerage system MAYNILAD Water Services, Inc. is targeting to add at least 14,000 customers to the sewerage system this year as it installs around 2,000 new sewer service connections in Manila. In a statement on Monday, the west zone water provider said the new sewer lines will further expand Maynilad’s existing sewerage system, which catches wastewater generated by customers and conveys it to sewage treatment plants (STP) for treatment. ...
T00:24 Business World L
GERI earnings fall 23% as pandemic locks down hotels GLOBAL-ESTATE RESORTS, Inc. (GERI), the listed subsidiary of Megaworld Corp., posted a 23% drop in attributable profits to P296.84 million for the second quarter, as its hotels were closed during the pandemic-induced quarantine starting in mid-March. In a regulatory filing Monday, GERI said its total revenues declined 38% to P1.39 billion, mostly owing to the 96% plunge in hotel revenues to P12.39 million. Revenues from real estate sales fell 29% to P1. ...
T00:24 Business World L
PXP suffers P44-M loss on drying oil revenue MANUEL V PANGILINAN-LED PXP Energy Corp. suffered a P44.4-million attributable net loss in the first semester as it also recorded losses in oil earnings and impairment of the Galoc oil field in Palawan. It also posted a reported net loss of P56.3 million and core net loss of P26.9 million in the first six months of the year, the listed gas and oil firm told the stock exchange, Monday. PXP Energy noted its consolidated revenues from petroleum took an 88.1% dive to P6. ...
T00:24 Business World L
Phoenix to sell P3.5-B debt papers PHOENIX Petroleum Philippines, Inc. is set to offer up to P3.5 billion of commercial papers under a new debt financing program. The independent fuel retailer told the stock exchange on Monday that its board approved the registration of the new debt papers with an aggregate amount of P7 billion. It will offer and list P2 billion in the first issue with an oversubscription option of up to P1.5 billion. The company has not specified where the proceeds of the upcoming notes issuance will be used. ...
T00:24 Business World L
Cebu Landmasters maintains credit rating for P5-billion bonds CEBU LANDMASTERS, INC. (CLI) has kept its credit rating by a local debt watcher for its outstanding P5-billion bonds issued in 2018. In a statement on Monday, the Philippine Rating Services Corp. (PhilRatings) said it had maintained the PRS Aa credit rating for CLI’s corporate notes. The PRS Aa rating is the second highest issue rating by PhilRatings for long-term issuances, which means that the bonds are of high quality and are subject to very lower credit risk. ...
T00:24 Business World L
Aboitiz hydro firm settles property tax issue A COURT approved the deal signed between a hydropower unit of Aboitiz Power Corp. and an Ilocos Sur town seeking a compromise over a property tax issue. The listed power company told the stock exchange, Monday, that Luzon Hydro Corp. (LHC) settled a tax dispute with the Municipality of Alilem after the Regional Trial Court (RTC) of Tagudin issued its judgment on July 27 validating all recommendations listed in their deal. The two parties met on Feb. 14 to discuss the settlement of their tax row. ...
T00:24 Business World L
Metrobank posts lower net profit in Q2 on loan loss provisioning METROPOLITAN BANK & Trust Co. (Metrobank) booked a lower net income in the second quarter as it continued to boost its loan loss provisions amid the pandemic. Metrobank booked a net income of P3.126 billion in the second quarter, its quarterly report showed. This is down 51.8% from the P6.48-billion profit it posted in the same quarter last year. Net income attributable to the equity holders of the parent company stood at P3.008 billion last quarter, down from last year’s P6.277 billion. ...
T00:24 Business World L
T-bills fully awarded as rates drop further THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as the market’s flight to safety pulled yields lower across-the-board. The Bureau of the Treasury (BTr) borrowed P20 billion as planned via the T-bills on Monday from total tenders of P76.405 billion. The BTr also opened the tap facility to offer another P5 billion in one-year debt papers to take advantage of low yields and raise more funds. ...
T00:24 Starmometer L
‘Most Beautiful Woman of 2020’ Son Ye Jin is the Newest Face of Smart After capturing the hearts of Filipinos with her hit K-dramas and winning the global online poll “Most Beautiful Woman in the World 2020,” South Korean superstar Son Ye Jin is making her mark as the new face of Smart Signature, the postpaid brand of mobile services provider Smart Communications, Inc. ...
T00:24 PhilNews L
LOTTO RESULT August 4, 2020 LOTTO RESULT August 4, 2020 – Draws for 6/58 Ultra Lotto, 6/49 Super Lotto, and 6/42 Lotto LOTTO RESULT August 4, 2020 – Here is the official result of the 6/58 Ultra Lotto, 6/49 Super Lotto and 6/42 Lotto draw for today, Tuesday, August 4, 2020. The Philippine Charity Sweepstakes Office or more commonly known […] The post LOTTO RESULT August 4, 2020 appeared first on Philippine News.
T00:09 Manila Times L
Police checkpoints back in NCR, 4 other areas POLICEMEN will return to man checkpoints for the next 15 days, starting today, when Metro Manila and four other areas revert to modified enhanced community quarantine (MECQ) due to the increasing number of coronavirus disease 2019 (Covid-19) infections. Lt. Gen. Guillermo Eleazar said on Monday that all police commanders in Metro Manila and in Laguna, […]
T00:09 Interaksyon L
Philippines fears for economy, income as tough lockdown returns MANILA — Tens of millions of people in and around the Philippine capital will go back to a strict lockdown from Tuesday, threatening incomes and hopes for reviving a once dynamic economy as authorities take drastic measures to halt surging virus cases. Before the coronavirus pandemic, the Philippines was one of Asia’s fastest growing economies, but tough restrictions […] The post Philippines fears for economy, income as tough lockdown returns appeared first on Interaksyon.
T00:09 The Standard L
Guevarra confident IRR of Anti-Terror Act done within 90 days Justice Secretary Menardo Guevarra expressed confidence Monday the implementing rules and regulations (IRR) for the controversial Anti-Terrorism Act of 2020 will be completed within the 90-day period as provided under the law.
T00:09 The Standard L
Solons set to probe deaths of drug lords at Bilibid The House of Representatives' Committee on Justice is poised to look into the reported deaths of convicted high-profile drug lords and other inmates at the New Bilibid Prisons (NBP).
T00:09 The Standard L
House adopts measure to add P66 billion budget to DA The House of Representatives has adopted a resolution to affirm its commitment to pass a P66-billion supplemental budget for the Department of Agriculture to enable the agriculture and fishery sector recover from the devastation caused by the coronavirus disease 2019.
T00:09 The Standard L
PAL, CebPac cancel all domestic flights during MECQ Flag carrier Philippine Airlines on Monday announced it is cancelling all domestic flights to and from Manila (MNL) from August 4 to 18. The move, according to PAL spokesperson Cielo Villaluna, came after the government placed Metro Manila or the National Capital Region under Modified Enhanced Community Quarantine (MECQ) area for two weeks.
T00:09 The Standard L
MMDA: Pasig River Ferry for frontliners only starting Aug. 4 Beginning today (Aug. 4), the Pasig River Ferry service will be limited only to medical frontliners and government employees in support of their need for transportation with the re-imposition of the Modified Enhanced Community Quarantine (MECQ) over Metro Manila.
T00:09 The Standard L
House welcomes MECQ reimposition; 'Use lockdown productively' The economist of the House of Representatives on Monday welcomed the reimposition of the Modified Enhanced Community Quarantine (MECQ) in Metro Manila and nearby areas.
T00:09 The Standard L
Angara: Senate committed to approve 2021 budget Senator Juan Edgardo Angara on Monday gave assurances the Senate was committed to approve the proposed P4.506-trillion national budget for 2021 on time to ensure the uninterrupted delivery of services to the people, particularly during the coronavirus pandemic.
T00:09 The Standard L
Solons to start Philhealth investigation on Wednesday The House of Representatives will conduct on Wednesday its own inquiry into the reported new irregularities and corrupt activities allegedly involving officials and personnel of the state-owned Philippine Health Insurance Corp. (Philhealth), a House official said.
T00:09 The Standard L
Gordon vows fairness in death penalty hearings It may be ill-timed as the Philippines is still fighting the COVID-19 pandemic, but Senator Richard Gordon said Monday he will fairly conduct hearings on the proposed bills seeking the restoration of capital punishment in the country.
T00:09 The Standard L
Customs snags supercar worth P50 million In line with the Bureau of Customs' (BOC) commitment to protect the country's borders and collect appropriate duties and taxes, the Port of Manila through the Intelligence Group's Customs Intelligence and Investigation Service (IG-CIIS) seized a McLaren 620R supercar valued at almost P50 million.
T00:09 Tempo L
From Jerusalem Gospel: MT 15:1-2, 10-14 * SOME pharisees and scribes came to Jesus from Jerusalem and said, “Why do your disciples break the tradition of the elders? They do not wash their hands when they eat a meal.” He summoned the crowd and said to them, “Hear and understand. It is not what enters one’s […]
T00:09 Business World L
In India, don’t hate the Matchmaker By Shruti Rajagopalan EVEN AS the Netflix show Indian Matchmaking has grown into a global hit, it’s incensed many Indians. The issue isn’t that most couples don’t go for goat yoga on their first date. Critics accuse the show of stereotyping and commodifying women, lacking diversity, and promoting a backwards vision of marriage where astrologers and meddling parents are more influential than the preferences of brides and grooms. ...

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