Latest news with #P3.8
GMA Network
30-07-2025
- Business
- GMA Network
GMA Network Posts P2.0 Billion Net Income After Tax in H1 2025
GMA Network, the country's leading broadcast company, delivered strong financial results in the first half of 2025, with net income after tax surging more than threefold year-on-year to P2.0 billion. The Network's consolidated revenues reached P10.1 billion, up from the ?7.8 billion recorded in the same period last year. Advertising revenue rose to P9.3 billion, driven by election-related placements during the May midterm polls, alongside higher revenues from production services and others. Operating expenses (OPEX) increased by 6% to P7.6 billion, mainly due to higher cash and non-cash production costs, as well as general and administrative expenses. Its strong revenue growth enabled the Network to deliver P3.8 billion in earnings before interest, taxes, depreciation, and amortization (EBITDA) for the period ending June 2025, a solid 91% increase from the previous year. GMA Network's robust performance is complemented by its continuing dominance of nationwide ratings in H1 2025, according to Nielsen TV Audience Measurement. The multi-awarded public affairs program "Kapuso Mo, Jessica Soho" is the most-watched show in Urban Philippines for Q2 2025. Reaffirming its leadership as the country's most credible and top news source is GMA Integrated News. Its comprehensive 'Eleksyon 2025: The GMA Integrated News Coverage' earned the highest viewership on-air and online compared to competitions. The Network also continues to strengthen its leadership in the digital space, securing the No. 15 spot in the Tubular Leadership Worldwide rankings for June 2025, according to data from global analytics company Tubular Labs. It remains the highest-ranking media company in the Entertainment and Media category in Southeast Asia. As part of its 75th anniversary celebration, GMA Network launched a fresh lineup of innovative programs in June, reinforcing its commitment to high-quality storytelling.
GMA Network
24-07-2025
- Climate
- GMA Network
LIST: Areas under state of calamity due to monsoon, storms as of July 24, 2025
The combined effects of the Southwest Monsoon, or habagat, and recent storms affected over two million people due to severe flooding, causing several local governments to declare a state of calamity. According to the National Disaster Risk Reduction and Management Council (NDRRMC) as of 6 a.m. on July 24, 2025, a total of 2,733,646 individuals have been affected by days of heavy rains and flooding brought by the enhanced Southwest Monsoon or habagat, and Typhoon #EmongPH. There are currently 1,117 evacuation centers sheltering 147,521 evacuees, while 97,958 people are staying outside evacuation centers. At least 5,888 individuals were evacuated preemptively. Widespread flooding and damage have rendered 70 roads and 11 bridges impassable, and 62 seaports and 2 airports were affected. The estimated damage to agriculture has reached P648.04 million, while infrastructure damage has climbed to P3.8 billion. At least 2,008 houses were damaged partially and 423 homes were destroyed. The following areas have declared a state of calamity: NATIONAL CAPITAL REGION Quezon City Manila Malabon City Las Piñas City Marikina City Navotas City Valenzuela City ILOCOS REGION Pangasinan Dagupan City Malasiqui Calasiao Umingan Sta. Barbara Lingayen Mangaldan Mangatarem San Carlos City Binmaley CENTRAL LUZON Bataan Bulacan Balagtas Calumpit Paombong Meycauayan Marilao Hagonoy Tarlac Paniqui Moncada Camiling Pampanga (province-wide) CALABARZON Cavite (province-wide) Batangas Agoncillo San Luis Rizal Cainta San Mateo MIMAROPA Occidental Mindoro Mamburao Palawan Roxas CENTRAL VISAYAS Cebu Cebu City WESTERN VISAYAS Antique Barbaza Sebaste Culasi A declaration of a state of calamity allows local governments to release emergency funds faster, control the price of basic goods, and make access to aid and recovery services easier.
GMA Network
23-07-2025
- Climate
- GMA Network
Calumpit, Bulacan placed under state of calamity due to Habagat 2025 floods
The town of Calumpit in Bulacan was placed under a state of calamity on Tuesday due to flooding caused by heavy rains due to the Southwest Monsoon (Habagat), overflow of Ipo Dam, and high tide. Calumpit Mayor Lem Faustino declared the state of calamity after the Sangguniang Bayan passed a resolution based on the recommendation of the Calumpit Municipal Disaster Risk Reduction and Management Council, the local government unit said. Based on data from the Municipal Social Welfare and Development Office, a total of 40,501 families or 131,832 individuals from 29 barangays were affected by floods. Meanwhile, 317 families or 1,188 individuals were in nine evacuation centers. Some 19 hectares of crops were damaged, estimated to cost P3.8 million, the LGU said. With a state of calamity, the LGU may use the calamity funds to respond to residents affected. Quezon City, Malabon, and Cavite also declared a state of calamity. Manila and Dagupan City are also set to declare a state of calamity based on the recommendations of their respective city disaster risk reduction and management offices, according to a report on Unang Balita on Wednesday. The Southwest Monsoon (Habagat) brought heavy rains this week over several areas, causing flooding. —KG, GMA Integrated News
GMA Network
01-07-2025
- GMA Network
BOC, DOH, DA unveil P34M worth of smuggled onions, frozen fish in Manila
The Bureau of Customs (BOC), along with the Department of Health (DOH) and the Department of Agriculture (DA), unveiled several containers of misdeclared agricultural products at the Port of Manila on Tuesday. In the unveiling, authorities from BOC, DOH, and DA revealed that 6 container vans from China that were initially declared as 'mantou, egg noodles, and kimchi' turned out to be smuggled agricultural products worth at least P34 million. The imports reportedly arrived in the country on May 27 and June 1 and was flagged on June 10 to contain P10.2 million worth of red onions, P3.8 million worth of white onions, and P20.08 million worth of frozen mackerel. The smuggled imports added up to an estimated value of P34,203,504.38. 'As you see now, there are three agencies here working together because yung programa po ng gobyerno ngayon pagdating sa agricultural smuggling is a whole of government approach. Meaning, di po to responsibilidad lamang ng Department of Agriculture, tulong tulong po ang buong gobyerno dito,' said BOC Assistant Commissioner and Spokesperson Vincent Maronilla. (As you see now, there are three agencies here working together because the government's program when it comes to agricultural smuggling is a whole of government approach. This means that it's not just the responsibility of the Department of Agriculture, and that the entire government will work together on this.) Any individual found to be involved in the said importation may face charges for violation of the amended Agricultural Smuggling Act and the Customs and Tariff Act for Illegal Importation. DOH Secretary Teodoro Herbosa and Food and Drug Administration (FDA) Director General Attorney Paolo Teston noted that unapproved agricultural produce may not be safe for human consumption. 'Pwede merong may mga lead, may poisonous products, heavy metals, mikrobyo [ang mga produkto na ito]… They did not go through the regulation of Food and Drug Administration. Yung FDA, yun ang trabaho para maging safe lahat ng pagkaing binebenta sa ating mga tindahan para sa mamamayan natin,' said Herbosa. ([These products] may contain lead, poisonous products, heavy metals, or microbes… They did not go through the regulation of Food and Drug Administration. That is the FDA's job to ensure that all the food being sold in markets to the public is safe.) He also pointed out that even the labelled products were considered contraband, as it did not follow the FDA regulations for English labels. Should the smuggled produce be declared safe for human consumption following further testing, the items may be turned over to the DA for distribution to the public. However, Laurel said the tested contraband were positive for and salmonella, which may lead to gastrointestinal illnesses and death in severe cases. 'Etong isda, mukhang may pag-asa na sana okay. Kung sakaling okay ito, malamang ipapamigay ito ni Pangulo sa mga tao pag tested as food-safe,' Laurel shared. (The fish may possibly be fine. If this is okay and tested as food-safe, it will most likely be distributed by the President to the public.) 'Ang E. coli causes gastro-intestinal illnesses, pagtatae, [at] paglalagnat. Kung may edad ka o batang-bata, pwede ka pa mamatay from dehydration. So, may issue talaga ng food safety ang smuggled food items,' Herbosa continued. (E. coli causes gastro-intestinal illnesses, diarrhea, [and] fever. If you are very old or very young, you may even die of dehydration. There really is an issue with food safety when it comes to smuggled food items.) On the part of the DA, Secretary Francisco Tiu Laurel Jr. said that they have blacklisted a total of 18 companies for alleged smuggling from January to June 2025 and are looking into adding more following the unveiling of further suspected illegal imports in Subic. 'Mayroon kaming pinapahold na 59 containers sa Subic ngayon. I would like to inform everybody, lalo na sa customs brokers na nagre-release ng mga ito. Hahabulin [sila], kasama sila sa kaso ngayon. Hindi lang yung consignee… 18 na yung nakblacklist namin [na companies as of] 6 months. Magiging 25 pa yan pag nabuksan pa yung sa Subic,' said Laurel. (We are currently holding 59 containers in Subic. I would like to inform everybody, especially customs brokers that released these. We will chase [them down], and they are included in the charges now. Not just the consignee… There are 18 blacklisted [companies as of] 6 months. It will become 25 once we open once we open the ones in Subic.) 'As long as we work together, tuloy-tuloy, I am confident na 90% [ng mga smugglers] dito masusugpo natin. Noong ako ay nagswear-in nung November 2023, yan yung isa sa unang direktiba [ni President Marcos]. Solve agricultural smuggling, kaya di po kami humihinto diyan. Matinik din yung kalaban natin, pero as long as we work together here in government, I think we will solve the problem,' he added. (As long as we continuously work together, I am confident that 90% [of these smugglers] will be eradicated. When I swore in last November 2023, this was one of the first directives [of President Marcos]. Solve agricultural smuggling, so we will not stop. Our enemy is very clever, but as long as we work together here in government, I think we will solve the problem.) Laurel noted that DA is looking into calling for risk assessments on containers from China, following back-to-back smuggled import busts of agricultural produce from said country. '[Sa] China lahat [galing ang shipments], kaya magri-risk assessment tayo ng galing sa China [na containers]. Kung kailangan buksan lahat ng container galing China, gagawin natin yun para siguradong wala nang makalusot,' he said. (All [the shipments came from] China, so we will conduct a risk assessment on [containers from] China. If we need to open all containers from China, we will do so to ensure none of them will sneak past us.) Earlier, the DA reported that smuggled onions collected and tested from Paco Public Market last week have tested positive for E. coli. Laurel said the items had been confiscated in coordination with the LGU. A separate shipment of 25 metric tons of red onions were also found at the Mindanao International Container Terminal in Misamis Oriental. It will undergo further testing for contaminants, including heavy metals, pesticide residue, and other harmful bacteria. — BAP, GMA Integrated News
