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Metro Global given 6 months to avoid involuntary delisting

The PSE gave notice to Metro Global Holdingsthat it has six months to increase its public float above 10% to comply with the PSE’s Minimum Public Ownership (MPO) rule or be “automatically delisted” from the stock exchange......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares

The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings

Human rights group Karapatan urged the governments of Germany and the Czech Republic to raise concerns on the “dire lack of accountability and the continuing killings in the Philippines” as Ferdinand Marcos Jr. is on a state visit in the said countries. The post Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

‘The P100 plus per day minimum wage rate?’

The big issue on labor policies in the country today is the plan to enact a law to increase the existing minimum wage by P100 per day......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers

RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

DFNN plans to raise P450-M through private placements

DFNN said that its board has approved a plan to raise P450 million through private placements......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Groups urge to include placemaking in planning for public spaces

The push for placemaking in planning for public spaces was emphasized by various groups during a recent forum in Davao City. ATTY. Mark Peñalver, executive director of Interfacing Development Interventions for Sustainability (Idis), stressed the importance of incorporating placemaking in public space planning to not only enhance the physical environment but also to promote inclusivity. He highlighted the exclusion of certain sectors in existing public spaces and emphasized the need for stakeholders' input and acknowledgment of their stories in the planning process. Dr. Derlie Mateo-Babiano, an associate professor in Urban Planning Assistant, described placemaking as a means to transform places into spaces that people will cherish. She emphasized the significance of engaging the community in the planning process to understand their cultural, environmental, and other needs. Peñalver also cited a successful placemaking project in Davao Executive Homes, which catered to children, the elderly, and individuals with special needs, demonstrating the positive impact of placemaking. Furthermore, Peñalver advocated for the institutionalization of placemaking in the Comprehensive Land Use Plan and other development plans in Davao City. He highlighted the potential of placemaking to ensure that government projects are beneficial to the community. Architect Harold Delima, co-convenor of Placemaking Davao, discussed ongoing workshops with various demographics to integrate placemaking into the city's development. The groups involved are hopeful that placemaking will become a fundamental aspect of public space planning in Davao City, aiming to create inclusive and community-centered environments......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

MAV suspension plan up for review

The Department of Agriculture plan to suspend the minimum access volume on pork and corn would undergo the scrutiny of the government’s economic cluster, a DA official said yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

BIR delays 1 percent withholding tax on online sellers

The Bureau of Internal Revenue has deferred the imposition of the one percent withholding tax on online platform providers to mid-July instead of mid-April to allow adjustments among taxpayers......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

‘Abused’ wife blocks CA promotion of AFP general

The ad interim appointment of Brig. Gen. Ranulfo Sevilla was deferred yesterday after his wife accused him of domestic abuse, according to the Commission on Appointments......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

BuCor to layoff 275 workers as grace period for requirements lapses

Over 275 personnel of the Bureau of Corrections are set to be laid off after the bureau announced it will now be enforcing a years-long deferred program upgrading the educational requirements of its workers......»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

RLC sells P8.5 billion shares in REIT unit

Robinsons Land Corp., the diversified real estate firm of the Gokongwei family, has sold P8.49 billion worth of shares in RL Commercial REIT Inc., increasing the listed REIT’s public float to 49.95 percent......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Belle Corp sets PLC tender offer price at P0.85/share

Belle Corp and Premium Leisure Corp were both voluntarily suspended for the day yesterday after BEL disclosed details of its proposed tender offer to acquire PLC’s public float and eventually delist PLC from the exchange......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

AREIT eyes up to P9 billion additional share offering

AREIT Inc. is planning a follow-on offering or private placement of shares to boost its public float which would decrease following a major property-for-share swap transaction with its sponsor Ayala Land Inc......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

RTWPB 7 to hold public hearing for Kasambahay wage hike

CEBU CITY, Philippines — The Regional Tripartite Wages and Productivity Board (RTWPB)-7 will hold a public hearing on April 7 for the increase of the minimum wage for “Kasambahay” or housemaids. The public hearing will be held at the Grub Hub Food Park, Belmont One, Barangay Upper Calajoan in Minglanilla town. The activity will start.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Hearings set on higher senior, PWD discounts

The government is set to hold public consultations this week on the rules for the plan to raise the monthly discount cap on basic necessities and prime commodities for senior citizens and persons with disabilities (PWDs) to P500, according to the Department of Trade and Industry (DTI)......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

‘WATER MEANS LIFE’ | Baciwa-PrimeWater urged to reduce minimum water charge

‘WATER MEANS LIFE’ | Baciwa-PrimeWater urged to reduce minimum water charge.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

SEC scraps minimum stockbroker commission

In its continuing efforts to boost capital market activity, the Securities and Exchange Commission has removed the minimum amount of commission that stockbrokers may charge their customers......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Philippine daily wage insufficient to meet family living expenses

MANILA, Philippines — The nationwide daily wage disparity averaged P762 as of March 2024, with the daily minimum wage averaging only P440, the think tank Ibon Foundation said on Wednesday. Data from the Ibon Foundation showed that the wage gap was computed based on the average daily minimum wage and the average family living wage.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Angat’s water to hit below minimum level in June

The water elevation in Angat Dam dropped to 200.05 meters yesterday and may go down below its minimum operating level of 180 meters in June due to the El Niño phenomenon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024