MANILA –PLDT Inc. saw its net income plunge by 60 percent to P10.49 billion last year after incurring a P48-billion budget overrun, which the telecom giant attributed to “over orders” of 5G technology. Total revenues, meanwhile, were up 6 percent to P205.25 billion for the period. Service revenues climbed by 4 percent to all-time high P190.1 billion last year. “We are looking to increase our revenues by mid-single digit and capital expenditure will recalibrate to between P80 billion and 85 billion,” PLDT president and CEO Al Panlilio said. Capital expenditure amounted to P96.8 billion last year. “Despite the adversities, I remain convinced that PLDT will not only survive but thrive; our core business is strong and our people endured, inspired by our singular mission of safeguarding and enhancing shareholder value,” PLDT chair Manuel V. Pangilinan added. In the meantime, the telco maintains that no fraud or bad faith was involved in its P48-billion budget overrun that dragged … [Read more...] about PLDT 2022 net income down 60%
Income tax budget 2017
Barriers To Employment Fall With The Rise Of Out-Of-State Occupational License Recognition
Share to Twitter Share to Linkedin Income tax rate reduction and flattening, along with the expansion of school choice, are among the most consequential policy trends of the early 2020s. However, there is another policy trend emerging that, like income tax relief and greater educational choice, is making states more attractive to workers and employers. That trend is the push by policymakers to remove or mitigate the barriers to employment that state occupational licensing requirements have become. On Tuesday, March 21, Florida legislators will hold a hearing on Senate Bill 1364, legislation to recognize out-of-state occupational licenses held by new residents so that they can get to work and begin earning income in their new home state right away. If this reform, known as Universal License Recognition (ULR), is passed by legislators in Tallahassee and signed into law by Governor Ron DeSantis (R) this spring, Florida would become state number 22 to enact ULR. … [Read more...] about Barriers To Employment Fall With The Rise Of Out-Of-State Occupational License Recognition
The Power Of A Positive Money Mindset In Business Ownership
Share to Twitter Share to Linkedin Money is the lifeblood of any business, providing the resources needed to invest in technology, marketing, and other operations. But it's not just about having money; it's also about having a positive money mindset. As a business owner, you need an attitude to help you create wealth and success for yourself and your business. It can be incredibly frustrating when you feel like your mind is holding you back from achieving business success. Unfortunately, a negative money mindset is real, and it can stand in the way of you building the thriving business of your dreams. Experiencing this kind of internal roadblock often manifests as low confidence and insecurity, making it difficult to move forward into the more lucrative aspects of running your own company. By addressing underlying beliefs and attitudes that no longer serve you, you can finally break through these mental barriers and enjoy the freedom and growth of being a … [Read more...] about The Power Of A Positive Money Mindset In Business Ownership
How Much Is Long-Term Disability?
Long-term disability insurance generally costs between 1% and 3% of your income, but it’s well worth the price. About one in four young people will miss a year or more of work before retirement age due to a disability, and only 37% of Americans have at least a month’s worth of income saved. A disabling condition can affect you for years or even for your entire life. We’ll cover the average cost of long-term disability insurance and the factors that influence individual rates, so you can budget for the expense. Average Cost of Long-Term Disability Insurance The following estimated ranges are for benefits that last until retirement with a 90-day elimination period for zip code 73301. All quotes were collected for applicants who are non-smokers in excellent health. Rates are for non-cancelable, own-occupation coverage. … [Read more...] about How Much Is Long-Term Disability?
Brazil’s Albert Einstein Hospital Evolves Tech Strategy To Deliver Low-Cost Healthcare At Scale
Share to Twitter Share to Linkedin One of the leading healthcare institutions in Latin America, Albert Einstein Hospital is moving toward the next stage in its multimillion-dollar technology and innovation development strategy. The aim is to broaden access to advanced medicine in Brazil through initiatives with actors such as startups as well as tech and healthcare organizations worldwide. Founded in São Paulo by the city's Jewish community following World War II, The Albert Einstein Israelite Hospital started its activities in 1955. Considered Latin America's most modern private hospital, it also has a social assistance program encompassing care in low-income communities and public-private partnerships for public hospitals. With nearly 25,000 staff including over 10,000 registered doctors, the hospital specializes in high-complexity medicine, focusing on cardiology, oncology, orthopedics, neurology, and surgery, and frequently ranks among the best medical … [Read more...] about Brazil’s Albert Einstein Hospital Evolves Tech Strategy To Deliver Low-Cost Healthcare At Scale
Duterte’s FOI order leads to ‘unintended consequences’
TRANSPARENCY POLICY President Duterte signs an executive order laying down his administration’s policy of full public disclosure and transparency in public service, but it does not cover the legislature, judiciary and even local governments. —MALACAÑANG PHOTO President Rodrigo Duterte’s issuance of an executive order on freedom of information (FOI) was a much-lauded move and a step in the right direction, but it has had “unintended consequences” that have not always led to greater transparency. Executive Order No. 2, signed on July 23, 2016, and implemented for about seven months now, has laid down a policy of full public disclosure and transparency in public service to promote accountability, and sets the guidelines for requesting and releasing information from offices under the executive branch. Subsequent issuances laid down exceptions to transparency and the administrative penalties for government officers who would not abide by these. Congress, LGUs not covered The … [Read more...] about Duterte’s FOI order leads to ‘unintended consequences’