Wednesday , January 15 2025

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Philippines’ death toll from Tropical Storm Nalgae climbs to 72

Philippines' death toll from Tropical Storm Nalgae climbs to 72

The Philippines has recorded 72 deaths from Tropical Storm Nalgae that caused floods and landslides in southern provinces, the country’s disaster agency said on Saturday. Maguindanao province was the most affected with 67 people dead, while two were killed in Sultan Kudarat, another two in South Cotabato and the rest …

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Steelmaker Hoa Phat in the red after 13 years

Steelmaker Hoa Phat in the red after 13 years

Leading steelmaker Hoa Phat made a loss of VND1.79 trillion ($73 million) in the third quarter, its first quarterly loss in 13 years. It reported revenues of VND34.44 trillion in the quarter, down 12% from the same period last year and 8% from the previous quarter. Its revenues have been …

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Vinhomes Q3 profits jump 37%

Vinhomes Q3 profits jump 37%

Housing developer Vinhomes made consolidated pre-tax profits of VND18.949 trillion (US$764.1 million) in the third quarter for a year-on-year increase of 37%. Sales exceeded VND30.7 trillion, up 35%, its latest financial statements show. In the third quarter, the company began handover of 1,300 villas at a project in the northern …

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