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Petron rolls back LPG price by P11 per 11-kg cylinder
MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram (kg) or a total of P11 per 11-kg cylinder effective April 1 at 12 noon. “This reflects the.....»»
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......»»
BDO to raise P5 billion via sustainability bonds
BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»
Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO
Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»
Petron reports 51 percent jump in 2023 earnings
The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generations strategies in the Philippines and Malaysia......»»
Megaworld completes secondary share sale of 40.65M MREIT shares
Megaworld completes secondary share sale of 40.65M MREIT shares.....»»
San Miguel board approves P20-B bond issuance
San Miguel disclosed that its board of directors has approved a P20 billion issuance of fixed-rate Peso-denominated bonds......»»
Petron bags top taxpayer award from Navotas LGU
Oil giant Petron Corp. has been recognized by the city government of Navotas for its notable contributions as a taxpayer in 2023......»»
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......»»
Treasury raises P60 billion from T-bonds in February
The government raised P60 billion in long-term securities this month, short of target, as the Bureau of the Treasury focused on the retail treasury bonds......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
DA: P20/kilo rice remains a government aspiration
President Marcos’ election campaign pitch of P20 per kilo of rice remains an aspiration of the government, a Department of Agriculture official said......»»
Duterte: P20/K rice impossible
There is no way for rice prices to dip to P20 per kilo as promised by President Marcos, according to former president Rodrigo Duterte......»»
Rep. Wilbert Lee: P20 per kilo of rice still possible
CEBU CITY, Philippines — The promise of President Ferdinand Marcos Jr. to lower the price of rice to P20 per kilo remains doable if House Bill No. 9020 or the “Cheaper Rice Act” is passed into law, Agri Partylist Representative Wilbert Lee said. Under his proposed bill, Lee said that the government will have to.....»»
Imee: Romualdez ‘definitely’ behind P20 million for people’s initiative support
It was Speaker Martin Romualdez who was behind the distribution of cash amounting to as much as P20 million per district to bankroll the ongoing signature campaign as part of the people’s initiative for Charter change, Sen. Imee Marcos said yesterday......»»
Imee: P20 million offered per district for House Cha-cha
Up to P20 million was reportedly offered to each congressional district that could deliver by next week the needed number of signatures that support the Charter change being pushed in the House of Representatives, Sen. Imee Marcos said yesterday......»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
Robinsons Land raised P8.5-B in RCR block sale
Robinsons Land sold just over 1.725 billion shares of RL Commercial REIT [RCR 5.01 ?3.5%; 143% avgVol] in an overnight block sale after initiating a private sale process with BPI Capital......»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
DPWH completes buildings at DHVSU San Fernando
DPWH completes buildings at DHVSU San Fernando.....»»