PAGCOR's net income up 23% in Q1;

PTVPhilippines

PAGCOR's net income up 23% in Q1;   LPG prices down for 3rd straight month in May  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00Considered as a promising sign of recovery and growth in the country's gaming and entertainment sector,

00:06the state-run Philippine Amusement and Gaming Corporation, or PAGCOR, kicked off the year on a strong note,

00:12reporting a 23% increase in net income for the first quarter.

00:17This and other stories in tonight's Business Wrap from the Philippine News Agency.

00:51PagCOR's total contributions to nation-building reached 18.9 billion pesos in the first quarter,

01:20higher than last year's 15.56 billion.

01:24PagCOR Chair and Chief Executive Officer Alejandro Tenco said they remain committed to responsible governance and fiscal discipline,

01:33allowing them to contribute further to nation-building.

01:36Meanwhile, fuel companies have rolled back prices of liquefied petroleum gas, or LPG, for the third consecutive month.

01:44In separate advisories, Petron, Regasco, and Solane-branded LPG slashed LPG prices by 1 peso per kilogram starting midnight of May 1.

01:54This adjustment brings down the cost of a regular 11 kilogram household LPG cylinder to 11 pesos.

02:02Data from the Department of Energy showed that an 11 kilogram LPG tank is priced at 1,085 pesos.

02:10That's the latest business news from the Philippine News Agency.

02:15This is Wilnard Barcelona for Balitang Pambansa.

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