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SEC streamlines capital raising for power firms
he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
Firms target professionals with overseas experience
Companies are expressing a preference for Filipino professionals with overseas experience for leadership roles as they continue the shift toward digitalization as well as the rise of shared service hubs, according to global recruitment specialist Robert Walters......»»
Marcos OKs pharma-zones for cheaper generics
To ensure the availability of affordable medicines, President Marcos is pushing for measures to encourage both local and foreign pharmaceutical firms to take part in drug manufacturing in the country......»»
Speaking up for survivors of human trafficking: Victoria Nyanjura s story
The UN Trust Fund for Victims of Human Trafficking (UNVTF) provides humanitarian, legal and financial aid to victims of trafficking in persons through the awarding of grants to civil society organizations. Victoria Nyanjura was recently elected as Chair of the UNVTF and is the first-ever survivor of human traffi.....»»
Looking to grow your money this 2024? Here are 5 things you need to know about CIMB’s MaxSave
You’ve already saved your emergency fund, so now you’re looking for investment options for your big plans—tying the knot, pursuing your masters, starting your dream business or owning your first condo......»»
Agusan Sur highway gets huge chunk of road rehab fund for Caraga
SAN FRANCISCO, Agusan del Sur (MindaNews / 10 March) —The 122-kilometer Daang Maharlika Highway segment in Agusan del Sur has been allocated P3.19 billion of the P4.4 billion budget for major road rehabilitation projects along the Surigao-Agusan and Agusan-Davao Sections of the national highway within the Caraga Region, the Department of Public Works and Highways […].....»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
Looking to grow your money this 2024? Here are 5 things you need to know about CIMB’s MaxSave
You’ve already saved your emergency fund, so now you’re looking for investment options for your big plans—tying the knot, pursuing your masters, starting your dream business or owning your first condo......»»
Maharlika fund eyes JV for rural telco towers
The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»
3 TLRC execs get 26 years for ‘pork’ scam
The Sandiganbayan yesterday sentenced three ranking officials of the abolished state firm Technology and Livelihood Resource Center to serve up to 26 years in prison for graft and malversation of public funds in connection with their involvement in the “pork barrel” fund scam......»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
Only 1 percent of Philippine firms ready for cyberthreats
Software giant Cisco has found that almost every company in the Philippines is not ready to fend off new forms of cyberattacks......»»
IBPAP eyeing new markets in Europe
The umbrella group of information technology-business process management firms in the country is aiming to grow and tap new markets in Europe as the Philippines and European Union resume negotiations for a free trade agreement......»»
Philippine food firms’ sales hit $133 million in Dubai fair
Philippine food companies generated $133 million worth of export sales from a food trade show held in Dubai last month, according to the Center for International Trade Expositions and Missions......»»
GOCC subsidies down 18 percent to P164 billion in 2023
Budgetary support to state-run firms slipped to P164 billion last year amid a tight fiscal space but the health and agriculture sectors remain the priorities for subsidies......»»
Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles
Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»
Indian firms to offer solutions for finance, agri, health at tech summit
Over 57 Indian tech companies will present their digital products and solutions in areas like fintech, agritech, and healthtech at the first ever India-Philippines Tech Summit on March 5 in Taguig City. .....»»
Over 100,000 firms suspended
Over 100,000 corporations have been suspended by the Securities and Exchange Commission for non-filing of reportorial requirements......»»
Comelec: 2 tech firms ineligible to supply internet voting
The Commission on Elections is set to hold another public bidding for internet voting as the only two bidders were both declared ineligible......»»