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Tag Archives: 2018

Robinsons Retail 2018 net income rises on bump from tax reform

MANILA — Robinsons Retail Holdings said Tuesday its net income rose in 2018, as lower income taxes spurred growth in same store sales. Net income attributable to shareholders rose 2 percent to P5.1 billion. Core net earnings, which excludes interest ...

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San Miguel Corp's 2018 revenues hit P1 trillion

MANILA – San Miguel Corporation said on Thursday it posted P1.02 trillion in revenues in 2018 amid strong performance from its food, beverage, packaging, fuels and petrochemicals, power and infrastructure units.  The conglomerate said consolidated revenues were up 24 percent from ...

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US pilots have reported problems with Boeing 737 MAX since 2018, records show

WASHINGTON – The United States' decision on Wednesday to ground the Boeing 737 MAX came after authorities noted similarities between two recent crashes, eerily echoing reports from American pilots who complained of problems with the plane late last year. At ...

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SWS: Duterte admin’s satisfaction rating up by 16 points in December 2018

MANILA, Philippines — The net satisfaction rating of the Duterte administration soared 16 points in the December 2018 survey of theSocial Weather Stations (SWS) and was rated “excellent” in promoting women’s rights and in building and maintenance of public works. ...

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Manila is world's top luxury home market in 2018: study

Makati Business district, April 23, 2018. Jonathan Cellona, ABS-CBN News MANILA – Manila emerged as the world's hottest luxury home market for 2018, a study by property consultancy agency Knight Frank showed. The Knight Frank Prime International Residential Index (PIRI ...

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China Bank net income rises to record P8 billion in 2018

A China Banking Corp branch is shown in this file photo. Mark Demayo, ABS-CBN News/File MANILA — China Banking Corp said Thursday its consolidated net income rose 7 percent to a record P8.1 billion in 2018 compared to the previous ...

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2018 budget deficit reaches P558.3 billion

MANILA – The full year budget deficit for 2018 reached P558.3 billion or 3.2 percent of the country's gross domestic product (GDP), slightly exceeding the government's 3-percent target, a cabinet official said Friday. The full year revenue collection reached P2.85 ...

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US household debt in 2018 jumps $400 bn

Total debt held by US households surged by nearly $ 400 billion in 2018 to more than $ 13.5 trillion, marking the sixth straight annual increase, even as home mortgages declined, according to data released Tuesday. That puts total debt ...

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Globe net income up 22 percent in 2018

Globe Telecom holds financial briefing at Globe Tower in Taguig. Photo: Bruce Rodriguez, ABS-CBN News. NOW: Globe Telecom CEO, Ernest Cu gives highlights of 2018 financial report. Citing strong performance, he announced a P22.75/share dividend which is 65% of 2018 ...

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Hong Kong psychologist crowned Miss Global 2018

Miss Global Sophia Ng (center) is flanked by her runners-up (from left) Seydina Allen, Amber Bernachi, Tamila Khodjaeva, and Pamela Lee Urbina. (Photo by ARMIN P. ADINA / Contributor) MANILA, Philippines — Sophia Ng, a psychological therapist from Hong Kong, ...

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