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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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Guv still hopes for PBBM s nod of NIR despite bishop s opposition

Guv still hopes for PBBM s nod of NIR despite bishop s opposition.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

Ejercito upbeat of PBBM s nod of NIR law before 2024 ends

Ejercito upbeat of PBBM s nod of NIR law before 2024 ends.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty

The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Jollibee eyes P8 billion share sale this year

Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Jollibee eyes P8 billion share sale this year

Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Manila Water borrows $110 million for refinancing

The holding company of Razon-led Manila Water Co. Inc. for its international ventures secured a $110 million three-year loan from two Singapore-based banks to refinance its existing debt......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

LPG price up; mixed adjustments for gasoline, diesel

Solane and Petron have increased their liquefied petroleum gas (LPG) prices by P0.27 per kilogram and P0.30 per kg VAT-inclusive, respectively. .....»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

LPG price: P3.30 more for every 11-kg tank

MANILA, Philippines — The price of cooking gas has gone up again and this is the third month in a row that this happened. An increase of P0.30 per kilogram in liquefied petroleum gas (LPG) prices effective Friday, March 1 was announced by Petron Corp. in an advisory. READ: Gasoline prices to be slashed by.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

ALI to raise P50 billion in debt capital

Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

BPI eyes return to debt markets in 1st half

Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

SEC orders Infinity8 to halt operations

The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas

Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Why ‘A Journey’ deserves a stream

ANOTHER Filipino film is now streaming on Netflix and it deserves a nod......»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Bill ensuring employability of seniors gets House nod

Efforts to ensure employment for senior citizens gained a boost after the House committee on ways and means yesterday approved a bill providing for it......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Jason Kelces biggest d–k joke got the nod from Nick Foles wife

Former Philadelphia Eagles center Jason Kelce delivered a retirement speech that caught many by surprise with his mention of former teammate Nick Foles’ genitalia. Kelce.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 7th, 2024

GCash gets BSP nod to enter Europe, ME

E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

First power privatization under President Marcosgets PCC nod

The country’s antitrust agency has cleared the first power privatization project under the Marcos administration as the deal is unlikely to reduce competition in the market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024