Balita.org: Your Premier Source for Comprehensive Philippines News and Insights! We bring you the latest news, stories, and updates on a wide range of topics, including politics, culture, economy, and more. Stay tuned to know everything you wish about your favorite stars 24/7.
MANILA, Philippines — Instead of granting the Commission on Elections additional powers that could regulate candidates’ use of social media, the Comelec should focus on addressing the perennial problem of vote-buying first, Lanao del Norte Rep. Khalid Dimaporo said Wednesday.
Senator Christopher "Bong" Go's Malasakit Team visited fire victims in Belison, Antique, on Wednesday, May 15, and gave them immediate relief. "Alam kong napakahirap pong masunugan. Umpisa po muli, back to zero. Naiintindihan ko po ang inyong nararamdaman dahil palagi kong binibisita 'yung mga nasunugan," Go said in a message.
MANILA, Philippines — Following the granting of the motion to quash by a Quezon City court on the charge of offending religious feelings against Dominican exorcist Fr. Winston Cabading, the case’s plaintiff, former SandiganBayan Associate Justice Harriet Demetriou, announced her intention to appeal.
Sen. Robinhood "Robin" C. Padilla is seeking to fine-tune the Philippine government's information dissemination and aid distribution mechanisms, to enhance responses and preparations for El Nino, La Nina, and other "environmental shocks."
Sen. Robinhood "Robin" C. Padilla is seeking a closer look into the government's food security plans and actions, amid the surging costs of rice in the market.
Sen. Robinhood "Robin" C. Padilla wants to ensure ordinary Filipinos understand the particular gains and opportunities from the recently concluded Balikatan Exercises between the Philippines and United States.
Apollo Global Capital [APL 0.01, up 10.0%; 6% avgVol] [link] posted a Q1 net loss of P7.9 million, which was actually 32% better than its Q1/23 net loss of P11.5 million. The company’s Management’s Discussion and Analysis section is still just a “Plan of Operations” because the company still has yet to earn a single peso of revenue from the offshore mining operation that it was supposed to have started in early 2021. APL’s current President, Bonner Dytoc, was appointed back in late 2022 after the company’s previous President resigned.
AREIT [AREIT 33.95, up 0.1%; 116% avgVol] [link] declared a Q1/24 dividend of P0.56/share, payable on June 13 to shareholders of record as of May 28. The dividend has an annualized yield of 6.6%, which is a little higher than AREIT’s pre-dividend annualized yield of 6.48%. The total amount of the dividend is approximately 90.3% of the P1.47 billion in distributable income that AREIT reported for the period. AREIT’s year-to-date stock and dividend return is now up to 3.32%, and its total return since its IPO is now 54.56%.