Cosco reported a net income attributable to equity holders of the parent company of about P2 billion during the three-month period, up by 12.2 percent from last year’s P1.78 billion.
Consolidated net income for the quarter grew by 10.4 percent to P3.41 billion from P3.09 billion despite lingering macro-economic challenges.
Cosco generated revenues of P50.86 billion, up by 7.1 percent from last year’s P47.48 billion. The company continued to
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Ilocos Sur town mayor suspended
Ilocos Sur - Mayor Brigido Camarillo of Sta. Maria, Ilocos Sur has been suspended for 60 days for gross negligence and dereliction of duty.
DOE: Red alert on Luzon grid possible this week
Saying power remains insufficient amid high demand, the Department of Energy (DOE) is expecting a red alert on the Luzon grid to continue this week.
Go launches Malasakit sa Kooperatiba program
In a significant boost for cooperative development across Cagayan Valley, Sen. Bong Go partnered with the Cooperative Development Authority for the rollout of the Malasakit sa Kooperatiba program.
Murder raps filed vs Makati road rage suspect
The Makati City prosecutor's office has indicted a businessman accused of killing a family driver during a road rage shooting along the EDSA-Ayala tunnel last week.
3 cops held for kidnap of Chinese
Three police officers were arrested on June 2 for kidnapping two Chinese in Pasay and holding them for ransom.
Marcos holds command conference with PNP
President Marcos presided over a command conference at the Philippine National Police (PNP) headquarters in Camp Crame yesterday to discuss the state of peace and order in the country.
NDFP slams Zelensky visit
Ukrainian President Volodymyr Zelensky's surprise visit to the Philippines is meant to portray President Marcos as the new poster boy of the United States' proxy war against China, the National Democratic Front of the Philippines (NDFP) said yesterday.
China doesn't see itself more isolated in the region
The Chinese Foreign Ministry yesterday downplayed the observation that China is more isolated in the region as countries, including the Philippines, want the United States' presence to prevent an unmoored and unearthed Beijing.
Phl affirms aid to refugees, stateless persons
The Philippine government has affirmed its commitment to provide support and aid to refugees and stateless persons as it launched the country's first National Refugee Day that will be celebrated nationwide on June 20.
Smart supports gov't push vs scams
Telco giant Smart Communications has supported the government's push to partner with telecommunications firms and connectivity providers to stop online and text-based scams and unsolicited text promotions.
