PNB 2022 net income dropped 63% on lower one-off gains
Philippine National Bank said Monday net income last year dropped 63 percent year-on-year to P11.6 billion, with the double-digit growth in total operating income not enough to cover the one-off gains from properties-for-shares swap booked in 2021.
Customs on track to hit Q1 collection goal
The Bureau of Customs (BOC), the government’s second largest tax unit, is on track to meet its first-quarter collection target on the back of better tax compliance.
Apart from IPO, Alternergy mulls over green bonds sale
Renewable energy developer Alternergy Holdings Corp. is considering the sale green bonds as a separate transaction and on top of its initial public offering (IPO) this month.
NIA starts construction of P600 million Capiz irrigation project
The National Irrigation Administration (NIA) has started the construction of the P664.75-million Bayuyan small reservoir irrigation project (SRIP) in President Roxas, Capiz.
DOE seeks OSG guidance on voided South China Sea tripartite agreement
The Department of Energy (DOE) is seeking legal guidance from the Office of the Solicitor General (OSG) after the Supreme Court (SC) ruled as unconstitutional the agreement on joint marine seismic undertaking (JMSU) in the West Philippine Sea.
