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MANILA, Philippines — Two bettors in Cavite and Zamboanga del Norte will share the jackpot in the 6/49 Super Lotto drawn on Thursday, the Philippine Charity Sweepstakes Office (PCSO) announced yesterday.
POLANGUI, Albay — The Department of Agrarian Reform (DAR), in partnership with the Department of Science and Technology (DOST), conducted a training for the farmer-members of the Gamot Luya Dalogo Farmers Association (GALUDA FA) on packaging, labeling, and good manufacturing practices to make their products more competitive in commercial markets.
SEOUL, South Korea — Samsung Electronics said Friday it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover.
MANILA, Philippines — Agriculture Secretary Francisco Tiu Laurel Jr. yesterday denied manufacturers’ claims that the suspension of the importation of round scad or galunggong will result in a shortage of sardines and mackerel.
NEW YORK, United States — Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output.
MANILA, Philippines — Singlife Philippines, a leading digital insurer, is pleased to announce that it has secured P600 million in funding from its parent and majority shareholder, Singapore Life Holdings Pte. Ltd. (Singlife or the Group). The capital injection is set to further support the company’s growth and innovation, particularly in the digital technology sphere.
MANILA, Philippines — The best answer to the question, “What is the right business for me?” is always “It depends.” Each business model has its own advantages and challenges, and choosing one should depend on your goals, resources and the demands of the market.
DigiPlus [PLUS 12.04, up 1.4%; 155% avgVol] [link] President Andy Tsui guided that PLUS hopes to capture 50% of the P60 billion in gross gaming revenue growth that PAGCOR expects for FY24, and that it is looking to increase its active user base by 25% to 50% to achieve this goal. PLUS revealed that it ended FY23 with 20 million active users, and that it would target provincial users and especially those in the 30-to-40-year-old demographic. Mr. Tsui said that PLUS is allotting P1.5 billion to P2.0 billion for capex this year to rejuvenate some of its aging games and launch new games to appeal to that slightly older demographic. Mr. Tsui also guided investors that revenue growth in FY24 would not be as bombastic as FY23, where PLUS shareholders benefitted from a 306% increase in revenue, due to the high bar of that previous performance.