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Recto revives plan to sell NAIA assets

Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Jollibee plans to sell up to P8-B in preferred shares

Jollibee announced its plan to sell an additional 5 million to 8 million preferred shares at P1000/share, in a follow-on offering to raise between P5 billion and P8 billion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

MPTC to sell stake in Vietnam firm

Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

‘Now is best time for PAL to sell’

This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

PAL denies that it has started the groundwork to sell a minority stake to strategic investor

Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Government budget back to deficit in February

The government reverted back to a budget deficit in February after a quick surplus at the start of the year, but a narrower gap can still be expected as the tax season draws near......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Further improvement in Philippines external position seen

The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Philippines posts 740 mln USD deficit in January

MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines posts 740 mln USD deficit in January

MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»

Category: sportsSource:  abscbnRelated NewsFeb 21st, 2024

P145.5 million shabu seized in Zamboanga City

More than 21 kilos of shabu valued at P145.5 million were recovered in a sting in Zamboanga City on Tuesday, authorities reported yesterday......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

21 kilos shabu seized in Zamboanga City PDEA sting

Anti-narcotics agents seized P145.5 million worth of shabu from four dealers entrapped in Barangay Mampang in Zamboanga City on Thursday night with the help of tipsters and local officials......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

BOC seizes P37 million ‘kush’ from Thailand

The Bureau of Customs (BOC) has confiscated 30.952 kilos of “kush” or a type of high-grade marijuana with a street value of P37 million hidden inside six balikbayan boxes from Thailand......»»

Category: newsSource:  philstarRelated NewsApr 14th, 2024

P102 million marijuana in balikbayan boxes seized in Manila port

The Bureau of Customs has confiscated five balikbayan boxes containing 82 kilos of marijuana and 1,881 cannabis vape pens valued at P102 million, the BOC repor.....»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

P10.54 million shabu seized in Iloilo

At least 1.55 kilos of shabu with an estimated street value of P10.54 million were recovered in stings in Iloilo City on Thursday, Western Visayas police director Brig. Gen. Jack Wanky said......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Patrick ayaw munang mag-showbiz ang mga anak; ingat na ingat sa mga kilos

KUNG si Patrick Garcia lamang ang masusunod, ayaw muna niyang sumabak sa pag-aartista ang kanyang mga anak. Alam na alam ng aktor ang buhay ng isang batang artista sa mundo sa showbiz dahil napagdaanan at naranasan na niya ito ilang dekada na ngayon ang nakararaan. Sa YouTube channel ni Toni Gonzaga, natanong ang aktor kung.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

P7.14 million shabu seized in Caloocan

Anti-narcotics agents seized 1.05 kilos of methamphetamine hydrochloride or shabu valued at P7.14 million in a sting in Caloocan City at past midnight yesterday......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Ex-con caught with P6.8M ‘shabu’ in Cebu City buy-bust

CEBU CITY, Philippines – An ex-convict is going back of jail after he was caught Monday night with P6.8 million worth of suspected shabu during a buy-bust operation in Barangay Mabolo, Cebu City. Harold Domen Yu alias “Jono,” who was able to dispose one to two kilos of shabu per week, was considered a high-value.....»»

Category: newsSource:  inquirerRelated NewsJan 24th, 2024

BOC intercepts P7 million shabu in car part

The Bureau of Customsrecently prevented the exportation of 1.1 kilos of methamphetamine hydrochloride or shabu valued at P7 million hidden in an automobile part to be sent to New Zealand......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Cebu pharmacist group defends pharmacist over viral prescription issue

CEBU CITY, Philippines — A group of pharmacists here came to the defense of their fellow pharmacist who got embroiled in a social media fiasco involving prescription drugs. The Cebu Pharmacists Association Inc. defended their colleague for refusing to sell prescription medications to a customer who failed to present any prescription slips, a video of.....»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2024