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Phoenix lacks the retained earnings to pay PNX4 and PNX3B divs

The PSE sought an update from Dennis Uy’s Phoenix Petroleum on the non-payment of dividends to shareholders of its PNX4 preferred shares and PNX3B preferred shares......»»

Category: financeSource: philstar philstarFeb 23rd, 2024

Meralco survives Phoenix

In a marathon PBA Commissioner’s Cup quarterfinal showdown, fifth-seeded Meralco generated enough power to pull through and drag No. 4 Phoenix to a sudden death Relying on heart and grit despite trailing by 12 in the fourth, the Bolts forced Phoenix to a stalemate after regulation then outsteadied the Fuel Masters in 15 additional minutes to prevail, 116-107, last night at the PhilSports Arena......»»

Category: sportsSource:  philstarRelated NewsJan 17th, 2024

I feel like a criminal for quitting- nurses in the US fight stay or pay agreements - US healthcare

Filipino nurses for Ohio-based company say they have been forced to pay thousands in fees after signing training contracts Filipino nurses are calling for the USs top labor watchdog to review controversial stay or pay training repayment agreement provisions that have left them facing lawsuits and thousands of dollars in fees after they quit their jobs. Training repayment agreement provisions (Trap) are contracts employers.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

10th ID bashes Canadian gov’t for travel advisory vs Mindanao

The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

VistaREIT amends its disclosure, cumulative divs reach 90% of distributable income

Yesterday, I wrote about the VistaREIT Q4 dividend, and how (despite its gargantuan size) it was insufficient to drag VREIT’s cumulative FY23 dividends up above 90% of its reported distributable income for FY23 as required by the REIT Law......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

PAL falls to 8th place in most punctual list

Flag carrier Philippine Airlines retained its position as one of the most punctual operators in Asia Pacific, but dropped seven notches in February as Singapore Airlines zoomed to the top......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Phoenix rises from 21-point hole to stay alive vs Hotshots

The Phoenix Fuel Masters flipped the script in the second half and successfully clawed back from a 21-point second quarter deficit to force a Game 4 in the PBA Commissioner’s Cup semifinals against the Magnolia Hotshots, 103-85, Sunday at the Mall of Asia Arena in Pasay City......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Chavit’s P200,000 ‘donation’ falls under income – Artes

Former Ilocos Sur governor Luis “Chavit” Singson’s “donation” of P200,000 to the Metropolitan Manila Development Authority is considered retained income, contrary to a statement by a Civil Service Commission official, acting MMDA Chairman Romando Artes said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

PREIT finally declares Q3 divs

Premiere Island Power REIT declared a Q3/23 dividend of P0.0388/share, payable on March 12 to shareholders of record as of February 20......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

100th win: Phoenix solves Magnolia puzzle to extend PBA campaign

Facing elimination, Phoenix shows steely resolve and overcomes a huge deficit to end its years-long skid against Magnolia and stay alive in the PBA Commissioner's Cup.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

TNT ousts Phoenix to complete quarterfinals cast

The stage is set for the PBA Commissioner's Cup quarterfinals after the TNT Tropang Giga annihilated the Phoenix Fuel Masters, 116-96, at the Philsports Arena in Pasig City Sunday......»»

Category: sportsSource:  philstarRelated NewsJan 15th, 2024

Phoenix salvages semis spot

Phoenix went full throttle against Meralco early and this time drove all the way to the PBA Commissioner’s Cup semifinals......»»

Category: sportsSource:  philstarRelated NewsJan 22nd, 2024

Redemption for Phoenix?

Phoenix coach Jamike Jarin isn’t thinking about the 2018 PBA Governors’ Cup quarterfinals where the Super LPG Fuel Masters blew a twice-to-beat advantage and lost to Meralco in a meltdown that was capped by an overtime setback......»»

Category: sportsSource:  philstarRelated NewsJan 21st, 2024

Phoenix soars higher

Phoenix stepped on the gas and reached its intended destination in the PBA Commissioner’s Cup playoffs......»»

Category: sportsSource:  philstarRelated NewsJan 11th, 2024

Phoenix not giving up

Phoenix is two wins away from making it to the PBA Commissioner’s Cup Finals but while the pathway is clear, it’s far from smooth sailing. Magnolia has a virtual twice-to-beat advantage entering Game 4 of the semifinals at the MOA Arena tonight......»»

Category: sportsSource:  philstarRelated NewsJan 31st, 2024

Matthew Wright remains supportive of ex-team Phoenix

Former Phoenix star Matthew Wright is pleased to see the Fuel Masters succeed in the PBA even after leaving the team to play in the Japan B. League.....»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2024

Phoenix stops buying imported oil

Phoenix Petroleum Philippines Inc. of businessman Dennis Uy has suspended its procurement of imported diesel and gasoline......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Unlikely heroes take charge as Ginebra, NorthPort down Phoenix, Meralco

Birthday boy Ralph Cu waxes hot from beyond the arc to lift Barangay Ginebra past Phoenix, while JM Calma delivers the goods for NorthPort against Meralco.....»»

Category: newsSource:  rapplerRelated NewsMar 10th, 2024

No walk in the park: Magnolia still wary despite extending years-long win streak vs Phoenix

Magnolia reasserts its mastery over Phoenix as it draws first blood to kick off their best-of-five semifinals in the PBA Commissioner's Cup.....»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

CJ Perez promotor sa pagligwak vs Phoenix

CJ Perez inilagare Beermen sa Fuel Masters. The post CJ Perez promotor sa pagligwak vs Phoenix first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

Sean Manganti turns into unlikely hero for defiant Phoenix

Given ample playing time, Sean Manganti plays his finest game of the PBA Commissioner's Cup to help Phoenix avoid elimination against Magnolia in their semifinal series.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024