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Investors take profits ahead of Holy Week break

The stock market fell below the 6,900 level once more to end the week in the red as investors cashed in on their profits......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Investors swarm T-bond auction

Investors swarmed the latest offering of long-term securities, resulting in slightly lower rates and allowing the government to raise P30 billion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

US high-level businesses, investors visit PH to foster partnership

US high-level businesses, investors visit PH to foster partnership.....»»

Category: newsSource:  sunstarRelated NewsMar 10th, 2024

SEC advises investors: Watch for red flags before investing

SEC advises investors: Watch for red flags before investing.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

More investors interested in NAIA funding, says Ang

More potential investors, including those who unsuccessfully bid, have expressed interest in participating in the 15-year contract to operate and upgrade the Ninoy Aquino International Airport, the project’s winning proponent said......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

US inflation, BSP action on investors radar this week

The stock market will attempt to sustain its momentum this week as investors look to get inspiration from upcoming US economic data and the policy rate-setting meeting of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Stocks snap 3-day rally as investors take profits

Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls

The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Ecozone regulator wooing more Japan investors

The Philippine Economic Zone Authority is eyeing to grow investments from Japanese investors to as much as P80 billion this year, as it continues to be aggressive in its investment promotion efforts in the East Asian market......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

DOF: GFIs can seek extended relief after Maharlika infusion

Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

DOF finalizing P55.7 billion loan for Metro Manila subway

The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

DoF considering IPOs for LandBank, DBP

The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

DOF limits tax-exempt status for pickup trucks

The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

British Chamber pushes for Anti-Agricultural Smuggling Act, lauds appointment of Recto as DOF Secretary

BCCP Executive Director/Trustee Chris Nelson reiterates support for the passage of the Anti-Agricultural Smuggling Act, one of the key priority legislation under the Marcos administration......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Rep. Ralph Recto itinalagang bagong finance secretary

MAY napili na si Pangulong Bongbong Marcos na bagong uupong hepe para sa Department of Finance (DOF). Kinumpirma ng Malacañang na ang itinalagang bagong finance secretary ay ang Deputy Speaker at Batangas Representative na si Ralph Recto. Ayon kay Presidential Communications Office Secretary Cheloy Garafil, nakatakdang manumpa sa pwesto si Rep. Ralph ngayong January 12......»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Cebu City to build ‘new Sambag Ville’

CEBU CITY, Philippines — “We will build a new Sambag Ville,” announced Cebu City Mayor Michael Rama on Monday, April 15. He said this announcement during his meeting with barangay officials of Sambag II, the Cebu City Disaster Risk Reduction and Management Office (CCDRRMO), and the National Housing Authority, in response to the recent fire.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024