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SMC OK to add MPTC Indonesia in joint venture

Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Why Trump May Benefit from Truth Social Stock Market Merger

A recent study has shed light on the negative effects of excessive screen time on children’s development. Researchers have found that children who spend extended.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 22nd, 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

PLDT: Disputes in final terms led to aborted Sky Cable buyout

Telco giant PLDT Inc. said it failed to agree with Sky Cable Corp. on the commercial terms of their P6.75-billion merger, leaving them no choice but to call off the deal abruptly......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Sky-high debt a major factor in aborted cable TV merger

It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

PLDT-Sky Cable merger unplugged

Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Capital One to Acquire Discover for $35 Billion in Merger of Major US Credit Card Companies

Capital One Financial has announced plans to purchase Discover Financial Services in a landmark deal valued at $35 billion. The acquisition, which will be an.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 20th, 2024

BDO to merge with subsidiary that owns Podium Mall

BDO announced that its board of directors approved a merger between BDO and SM Keppel Land, with BDO as the surviving entity......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Sky Cable to shut pay TV

Cable operator Sky Cable Corp. is ending its pay TV business toward the end of February, as it moves to become a dedicated connectivity provider as part of its merger with PLDT Inc......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

P30 million – early incentives for Olympic bets

The Paris Olympic Filipino bets will receive an incentive of at least P1.5 million each even before they leave and wade into battle in the French capital......»»

Category: sportsSource:  philstarRelated NewsJun 4th, 2024

The road paved with good intentions

I was invited as a panelist in a recent Philippine Loan Market Conference and our topic was Financing the Philippines’ Energy Transition. It was a great panel but I also said something that may have have caused some discomfort (and possibly quiet agreement) among the audience when I said that I am all for financing renewables, but the problem is that we are not giving any incentives to build baseload and we may end up with power shortages......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2024

Tax breaks on e-motorcycles lauded

An international think tank and a consumer advocacy group commended the recent approval of the National Economic Development Authority (NEDA) to finally include two and three-wheeled electric vehicles (EVs) in government tax incentives under Executive Order 12......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

Subic sees more investment incentives under CREATE Act

Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Terms of CARS extension issued within the year – DTI

Terms for the extension of an incentives program for vehicle manufacturing are expected to be released within the year, according to the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Marcos orders reconstitution of OP human resources

President Marcos has amended the composition of his office’s human resource promotion board for first-level and second-level career posts and awards and incentives committee......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

Pharma incentives

At the height of the pandemic, a guy I know lost his father to COVID-19. Vaccines were not yet available at the time to the general public, but there were drugs being used for treatment, with some verified measure of success......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Pharma firm denies pyramid scheme, admits doctor incentives

Bell-Kenz Pharma Inc. Chief Executive Officer Luis Raymond Go described the claims as “misinformation” and said the firm, owned by a group of doctors, adhered to government allegations. .....»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Poyos likely back for UST in duel vs FEU

Super rookie and Most Valuable Player contender Angeline Poyos is anticipated to return to the Golden Tigresses’ lair as they aim to stay on track to clinching one of the two twice-to-beat incentives in the UAAP women’s volleyball tournament Final Four......»»

Category: sportsSource:  philstarRelated NewsApr 12th, 2024

Lady Bulldogs, Golden Tigresses resume hunt for semis bonus

National University and University of Santo Tomas shore up their drive for a Top-Two finish and the twice-to-beat incentives against separate counterparts as the UAAP women’s volleyball tournament returns from a 10-day break......»»

Category: sportsSource:  philstarRelated NewsApr 2nd, 2024

Energy specialist backs tax breaks for e-motorcycles

Giving tax incentives to e-motorcycles is justified because of their proven contribution in reducing carbon emissions, a specialist from the Department of Energy (DOE) said......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024