SM Group netted P45B in 2019

Credit to Author: Tyrone Jasper C. Piad| Date: Fri, 28 Feb 2020 17:03:21 +0000

LISTED SM Investment Corp.’s net income rose to P44.6 billion last year on the strong financial performance of its property and banking units. In a disclosure on Friday, the Sy-led conglomerate said the amount was a 20-percent increase from the P37.1 billion posted in 2018. Consolidated revenues, meanwhile, climbed by 12 percent to P501.7 billion […]

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Metro Pacific income up 25% to P28B in 2019

Credit to Author: Tyrone Jasper C. Piad| Date: Wed, 26 Feb 2020 17:03:43 +0000

Pacific Investments Corp.’s (MPIC) consolidated net earnings last year rose 25.42 percent to P27.82 billion from P22.18 billion in 2018 on the back of robust power, toll road and hospital operations. In a statement on Wednesday, the Pangilinan-led conglomerate said that the “improved financial and operating results of the constituent companies delivered 7-percent increase in […]

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Metrobank income up 28% in 2019

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 20 Feb 2020 16:51:58 +0000

LISTED Metropolitan Bank & Trust Co.’s (Metrobank) audited consolidated net profit rose to P28.1 billion last year on the back of improved operating revenues. In a disclosure on Thursday, the lender said the amount was a 27.7-percent improvement from the P22 billion netted in 2018. Its operating revenues were boosted by moderate loan growth and […]

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Andrew Yang’s Freedom Dividend Is Only A Step Toward Elon Musk’s Basic Income Vision

Credit to Author: Michael Barnard| Date: Thu, 29 Aug 2019 00:30:30 +0000

Yang’s Freedom Dividend is an implementation of the universal basic income tailored for the US in 2020, and tailored to win over Democratic and Independent voters

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