SM Prime profit seen growing 15% this year
SM Prime Holdings Inc. will likely deliver income growth of 15 percent this year on the back of anticipated improvements in its leasing and residential businesses, Maybank Investment Banking Group said.
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Press Release - Gatchalian seeks TESDA training, certification for DepEd TVL teachers
To improve the quality of training under the technical-vocational livelihood (TVL) track of the senior high school program, Senator Win Gatchalian is pushing for the Technical Education and Skills Development Authority (TESDA) training and certification of TVL teachers in senior high school.
DDMPR declares falling Q1 div at 116% payout ratio
DDMP [DDMPR 1.17, up 0.9%; 37% avgVol] [link] declared a Q1/24 dividend of P0.023476, payable on July 15 to shareholders of record as of June 19. The dividend has an annualized yield of 8.03% based on the previous closing price. The total amount of the dividend is P419 million, which is 116% of the P362 million in distributable income that DDMPR reported for the quarter. Relative to DDMPR’s IPO price, the dividend increased DDMPR’s total stock and dividend return to -32.29%, up from its pre-dividend total return of -32.33%. DDMP REIT Fund Managers reported that DDMPR’s occupancy as of March 31 was just 76%, with occupancy at its main building (DoubleDragon Plaza) listed at just 70.8%.
Hamas says studying latest Israeli truce counterproposal
The Palestinian militant group Hamas said early Saturday it had received and was studying the latest Israeli counterproposal regarding a potential ceasefire in the Gaza Strip and the release of hostages.
ILO: Billions of workers exposed to excessive heat
MANILA, Philippines — Over 2.4 billion workers in the Philippines and other countries are exposed to excessive heat that may lead to illnesses and injuries, according to the International Labor Organization (ILO).
Press Release - Villanueva: Opening statement
Committee on Foreign Relations Hearing on Various Treaties and Agreements Tuesday, 16 April 2024
PREIT declares stable dividend
Premiere Island Power REIT [PREIT 1.64 unch; 89% avgVol] [link] declared a Q4/23 dividend of P0.0388/share, payable on May 13 to shareholders of record as of April 26. The dividend maintains PREIT’s annualized yield of 9.46%. The total amount of the dividend is P128 million, which is 89% of the P144 million in distributable income that PREIT reported for the quarter. Relative to PREIT's IPO price, the dividend increased PREIT's total stock and dividend return to 23.44%, up from its pre-dividend total return of 20.85%.
DOLE to employers: Excuse working parents during measles vaccination drive
MANILA, Philippines — The Department of Labor and Employment (DOLE) encouraged private companies to allow employees accompanying their children during the nationwide Measles-Rubella and Bivalent-Oral Polio Vaccine immunization to be excused from work.