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DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
AboitizPower hikes stake in STEAG
Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»
Roxas and Company finalizing plans to monetize vast landbank of farmland
Roxas and Company clarified a report by BIlyonaryo that it could use some of its massive agricultural landbank in a tie-up with Manny Pangilinan’s SP New Energy......»»
Landbank continues to waive transfer fees below P1,000
In an advisory, Landbank said it will continue to waive fees for fund transfers to other banks sent through InstaPay and PESONet as long as it is below P1,000......»»
FACT CHECK: Link for scholarship program posted by fake Landbank page
Both the Facebook page and the link for the supposed scholarship program are not affiliated with Landbank, according to a Facebook post on its official and verified page.....»»
SMC eyes P20 billion fixed bond offer
Diversified conglomerate San Miguel Corp. targets to offer in June fixed-rate bonds in a bid to raise P20 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Landbank income exceeds P40 billion mark
State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»
Marcos to Filipinos: Emulate bravery of WWII heroes to counter modern threats
Marcos called on Filipinos to stand by their freedoms and principles, fulfill their duties with dedication and diligence, and fight for a better life and future......»»
Germany mulling sale of stake in top gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»
Germany mulling stake sale in major gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»
Citicore Energy REIT doesn’t deny report of potential 30% stake sale
Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»
Landbank sees 2-digit earnings this year
Land Bank of the Philippines is looking at a double-digit growth in net income this year following a record performance in 2023......»»
Majority of injured in shooting of aid convoy ‘struck by gunfire’
Majority of injured in shooting of aid convoy ‘struck by gunfire’.....»»
MARCOS VS DUTERTE | Majority of local officials still supporting PBBM, Negros Occidental execs say
MARCOS VS DUTERTE | Majority of local officials still supporting PBBM, Negros Occidental execs say.....»»
Cosco ventures into RE with P552 million investment
Cosco Capital Inc. of retail tycoon Lucio Co has formalized its renewable energy venture with a P552-million investment for a majority stake in a company that operates a hydropower plant in Oriental Mindoro......»»
BPI readies issuance of dollar bonds
The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»
SPNEC confirms plans to sell 40% stake in Terra Solar project to foreign investors
SP New Energy, now a Meralco subsidiary under Manny V. Pangilinan’s chairmanship, confirmed reports that it plans to sell “up to 40% equity stake in the Terra Solar” project......»»
BAP selling PDS stake ‘at right conditions’
The Bankers Association of the Philippines is keen on selling its stake in the Philippine Dealing System Holdings Corp. to the Philippine Stock Exchange Inc. at the right conditions......»»
Jollibee buys 10% stake in Botrista for $28-M
Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»