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Citicore Renewable Energy approved for IPO on March 22
Edgar Saavedra’s application to list Citicore Renewable Energy has been approved by the PSE......»»
Almost P1.2 trillion investments approved for green lane processing – BOI
Nearly P1.2 trillion worth of strategic investment projects have been approved for green lane processing since the approval of the executive order on the establishment of green lanes services, according to the Board of Investments......»»
A Brown Company has 2nd tranche of preferred shares sale approved by SEC
A Brown Company notified the exchange that the SEC approved its plan to sell a second tranche of preferred shares under its shelf registration......»»
USD3.32-B Loan Approved by BSP
On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»
Council-approved 2024 annual budget ‘ready for implementation’
Council-approved 2024 annual budget ‘ready for implementation’.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
House OKs Condominium Act
With tower dwelling becoming popular among Filipinos, the House of Representatives has approved on third and final reading a bill that will provide for the redevelopment of condominium units in the Philippines......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
More EVs to benefit from zero tariffs
More electric vehicles including e-motorcycles and e-bikes can enjoy lower tariffs until 2028 after the National Economic and Development Authority Board approved the expansion of the tariff coverage under Executive Order 12......»»
Foreign investment pledges plummet in Q1
Investment pledges from foreign firms approved by investment promotion agencies plunged by nearly 64 percent from January to March compared to last year’s level amid a stubbornly high inflation and steep borrowing costs......»»
Divorce bill hurdles House 2nd reading
The House of Representatives approved on second reading on Wednesday several pieces of legislation, including the controversial absolute divorce bill that the Catholic Church has vehemently opposed for decades......»»
Cebu City Council OKs P400M financial aid for 80 barangays
CEBU CITY, Philippines – The Cebu City government will soon distribute financial assistance to its 80 barangays. The City Council approved the allocation of P400 million during their May 15 session. The resolutions were authored by City Councilors Franklyn Ong, the president of the Association of Barangay Councils (ABC), and Jocelyn Pesquera. City Councilors Franklyn.....»»
EDITORIAL - Restoring NFA powers
Amid sustained high rice prices, the House of Representatives has approved a bill that restores the authority of the National Food Authority to import rice and sell this in the market during a food security emergency......»»
Bill seeks regulation of ‘paluwagan’ scheme
A proposed legislative measure that seeks to regulate paluwagan, a saving scheme popular among Filipinos, was approved on second reading by the House of Representatives last Tuesday......»»
Vista Land board approves P5-B preferred shares offer
Vista Land [VLL 1.50 ?2.0%; 0% avgVol] [link] disclosed that its board has approved a P5 billion preferred shares offering, consisting of 50,000,000 Series 2 Preferred Shares priced at P100/share......»»
Gerald Anderson approves Julia Barretto, Joshua Garcia reunion movie
Kapamilya actor Gerald Anderson approved the reunion movie of girlfriend Julia Barretto with her ex-boyfriend Joshua Garcia. .....»»
DBM OKs 4,265 contractual DSWD positions to ease poverty
The Department of Budget and Management has approved over 4,000 contractual positions to support the government’s poverty reduction drive......»»
House starts plenary debates on rice tariff amendment
The House of Representatives will start plenary deliberations today on the committee approved measure amending certain provisions of the Rice Tariffication Law (RTL) for purposes of bringing down the price of rice in the retail market......»»
House moves to repeal 64-year-old midwifery law
The House of Representatives approved on second reading late last week a new measure that will give more life to the midwifery industry in the country, by way of repealing two old laws, one of which took effect 64 years ago......»»