2 Nigerians illegally detaining, 4 females in Cavite arrested
POLICE operatives arrested two Nigerians and rescued four females reportedly illegally detained by the two in Tanza, Cavite, it was reported yesterday.
Operation latest news
Press Release - Cayetano pushes for streamlined ayuda distribution
Senator Alan Peter Cayetano on Wednesday pushed for a more efficient approach to distributing government aid, saying administrative costs are eating up on the funds instead of benefitting Filipinos in need.
Alice Guo still in the Philippines, preparing motion — lawyer
MANILA, Philippines — The lawyer of Alice Guo said on Wednesday he has been assured by the dismissed mayor of Bamban, Tarlac, that she remains in the Philippines.
North Korea finally reopening to international tourists — operator
BEIJING, China — North Korea will reopen to foreign tourism in December after nearly five years of Covid-triggered closure, two specialized tour operators said Wednesday.
DITO CME Q2 net loss: P18B (down 624% y/y)
DITO CME [DITO 1.97, down 0.5%; 61% avgVol] [link] reported a Q2 net loss of P18.1 billion, down 624% y/y from its Q2/23 net loss of P2.5 billion, and down 81% q/q from its Q1/24 net loss of P10.1 billion. The primary driver of DITO’s H1 net loss of P28.2 billion is the P12.4 billion in foreign currency exchange losses that it recognized on its loans, which is up 67% y/y from DITO’s H1/23 forex loss of P7.4 billion. DITO’s H1 interest expense on those loans also increased, up 132% to P9.3 billion. Operationally, DITO reported having 11.3 million subscribers with an average revenue per user (ARPU) of P126/month. H1 revenues were up 54% y/y to P7.6 billion, and DITO narrowed its operating loss by 2% to P6.5 billion. DITO’s H1 EBITDA increased 282% to P0.4 billion, up from H1/23’s negative EBITDA of P0.2 billion. EBITDA excludes forex losses, depreciation, amortization, interest expense, and tax expense.
P2.33 billion calamity fund released for relief ops in July
MANILA, Philippines — The government released P2.33 billion in calamity funds last month to finance various disaster relief operations nationwide.
Comprehensive review’ ordered on ‘Oplan: Double Barrel’
PNP chief Gen. Rommel Francisco Marbil has ordered a “comprehensive review” of the campaign plan in the war against illegal drugs dubbed Oplan Double Barrel and its predecessors.
South African nabbed with P35.8M shabu
ANTI-NARCOTICS operatives arrested a South African woman at the Ninoy Aquino International Airport (NAIA) in Pasay City for possession of 5.26 kilos of suspected shabu worth P35.8 million last Tuesday, the PNP Drug Enforcement Group (PDEG) reported yesterday