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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......»»
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......»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
Angkas open to new investors
Motorcycle taxi service provider Angkas is open to taking in new investors to accelerate the company’s growth in the coming years......»»
Stocks sink further as investors stay on sidelines
Stock prices closed lower for a third straight session as investors stayed on the sidelines in search for fresh leads......»»
Cocolife inaugurates new branch, enlightens investors in Cebu
Cocolife inaugurates new branch, enlightens investors in Cebu.....»»
Cautious investors end brief market rally
The stock market snapped its brief two-day climb as investors stayed on a wait-and-see mode ahead of the BSP’s policy meeting......»»
SPNEC to pick foreign investors for P200 billion Terra Solar project
Manuel V. Pangilinan-led SP New Energy Corp. is considering to onboard as many as two foreign investors to support the company in the development of the P200-billion Terra Solar development in Nueva Ecija and Bulacan, which is poised to become the world’s largest solar project once completed......»»
Index gains as investors gobble up bargain stocks
The stock market snapped its three consecutive losing streak, opening the week in positive territory as investors hunted for bargains......»»
Guidelines for IPO cornerstone investors issued
The Securities and Exchange Commission has set the guidelines for cornerstone investors in initial public offerings as part of its continuing efforts to boost investor participation in the capital market......»»
DTI lures Lithuanian investors with booming ICT, renewable sectors
DTI lures Lithuanian investors with booming ICT, renewable sectors.....»»
Agri-based technologies opened to CL investors
Agri-based technologies opened to CL investors.....»»
US high-level businesses, investors visit PH to foster partnership
US high-level businesses, investors visit PH to foster partnership.....»»
SEC advises investors: Watch for red flags before investing
SEC advises investors: Watch for red flags before investing.....»»
IFC investing $500 million to address Philippines development challenges
The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»
China urges Philippines not to play with fire on Taiwan question
The Chinese Foreign Ministry on Thursday urged the Philippines not to "play with fire" on the Taiwan question. According to reports, the Philippines' defense chief has ordered the military to boost the number of troops and structures on the Batanes islands which are less than 200 km from China's Taiwan region. In response at a daily press briefing, Wang Wenbin, a spokesperson for the Chinese Foreign Minis.....»»
China urges Philippines not to play with fire on Taiwan question
The Chinese Foreign Ministry on Thursday urged the Philippines not to "play with fire" on the Taiwan question. According to reports, the Philippines' defense chief has ordered the military to boost the number of troops and structures on the Batanes islands which are less than 200 km from China's Taiwan region. In response at a daily press briefing, Wang Wenbin, a spokesperson for the Chinese Foreign Minis.....»»
Recto pitches Maharlika fund to Australians
Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»
Philippines urges speedy PJEPA review
The Philippines is wants a faster conclusion of the ongoing general review of the Philippines-Japan Economic Partnership Agreement, even as it continues to push for improved market access for some of its products, according to an official of the Department of Trade and Industry......»»
Cebu archdiocese urges Boljoon pulpit panels returned, asserts ownership
CEBU CITY, Philippines – The Roman Catholic church has spoken up about the resurfacing of the once-lost pulpit panels of the Archdiocesan Shrine of Patrocinio de Maria Santissima in Boljoon, Cebu. Cebu Archbishop Jose Palma on Feb. 20 urged the National Museum of the Philippines (NMP) to return the four pulpit panels of the Archdiocesan.....»»