Phoenix reports P201-M net income

PHOENIX Petroleum Philippines, Inc. announced on Thursday a net income of P201 million in the second quarter, describing the gains as “its highest since the onset of the pandemic.” “We had a difficult start this year, but we’ve gained some traction, and are seeing favorable results from our strategies. Improved margins and our sustained prudence […]

PH economy grows 7.4% in Q2

THE Philippine economy continues its rebound trajectory, growing 7.4 percent in the second quarter, marking the fifth consecutive quarter of growth since the country went into recession at the height of the pandemic.This follows the revised 8.2 percent gross domestic product growth rate posted in the first quarter of the year.The country’s chief economist Arsenio […]

Bada, Ungos top Ironkids PH race

DARELL Bada and Adrian Ungos topped the 13-14 years old division in the Ironkids Philippines race on Saturday, August 6, 2022, at Mactan Newtown in Lapu-Lapu City.Bada was way ahead of the rest of the competition with a 33:22 finish. Carron Canas finished second with 34:09, while Connor Hodges was third with 35:13.Bada was trailing […]

Heno beats Pael via UD

ONE-TIME world title challenger Eduard Heno had an impressive ring return with a lopsided unanimous decision win over Renoel Pael on Saturday, August 6, 2022, at the Yñares Sports Arena in Pasig City.Although Pael was aggressive all night long, Heno picked his punches well and landed the more telling blows.All three judges scored the fight […]

BDO’s income climbs in Q2

BDO UNIBANK, Inc. posted a higher net profit in the second quarter on better net interest earnings and service charges, fees and commissions, as well as foreign exchange gains. The bank booked an attributable net income of P12.205 billion in the second quarter, up 10.64% from the P11.031 billion in the same period in 2021, […]

Wilcon net profit climbs 56% to P1B

WILCON Depot, Inc. reported a 56.4% increase in net profit to P1.01 billion in the second quarter as sales increased amid eased pandemic restrictions. “The jump is attributable to higher volume of business and to the gross profit margin expansion partly offset by the increase in operating expenses,” the company said in a press release […]

3 Pinoy boxers victorious in Dubai

IT was a night for the Philippines after three Pinoy warriors were victorious on Friday, June 24, 2022 in Dubai.Joepher Montano, KJ Natuplag and Rey Villar won their respective fights at the Fight Club Championship (FCC) at the FCC Forum.Montano demolished Indonesian prospect Ali Agustian in one round to claim the Asian Boxing Federation (ABF) […]

Vitor, Suarez impressive in Bohol

PROMISING prospect Virgel Vitor and former Olympian Charly Suarez posted impressive victories in HBG Promotions’ “Suntok sa Pangarap VIII” on June 10 at the Manga Elementary School Covered Court in Tagbilaran City, Bohol.The 24-year-old Vitor made quick work of experienced Jecker Buhawe and destroyed him in the opening round of the main event.Vitor landed a […]

Inoue beats Donaire by 2nd round TKO

Japanese superstar Naoya Inoue unified the World Boxing Association (WBA), International Boxing Federation (IBF) and World Boxing Council (WBC) bantamweight belts with a second round technical knockout of Nonito Donaire Jr. at Saitama Super Arena in Saitama, Japan.Inoue dropped Donaire Jr. in the opening round with a right to the temple. He was knocked down […]

Inoue beats Donaire by 2nd round TKO

Japanese superstar Naoya Inoue unified the World Boxing Association (WBA), International Boxing Federation (IBF) and World Boxing Council (WBC) bantamweight belts with a second round technical knockout of Nonito Donaire Jr. at Saitama Super Arena in Saitama, Japan.Inoue dropped Donaire Jr. in the opening round with a right to the temple. He was knocked down […]