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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

DTI warns vs buying mystery parcels

The public should be careful in in buying mystery parcels or boxes as they may be held liable for violating the anti-fencing law for buying illegally obtained items, the Department of Trade and Industry said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Audit of P10.3 billion free tuition fund sought

A lawmaker has sought an audit of the P10.3-billion budget for free tuition and living allowance of poor students in state universities and colleges and private higher education institution......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

PIDS: LGUs losing P10 billion from single power outage

Local governments are estimated to suffer over P10 billion worth of losses from a single electricity supply interruption, affecting the delivery of public services, according to the Philippine Institute for Development Studies......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

SRA allots P66-M fund for El Niño mitigation measures

SRA allots P66-M fund for El Niño mitigation measures.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Negros Occidental allots P2-M for energy development initiatives

Negros Occidental allots P2-M for energy development initiatives.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

‘Probe past NFA admins’ billion-peso palay sales’

Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Filinvest raises P10 billion from new bond offer

Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

PH’s BOI grants green lane endorsement for P10.85-B wind project in Laguna

The project, with an investment cost of P10.85 billion, is set to start its commercial operations by 2026 and is expected to generate at least 30 direct and 500 indirect employment for Filipinos......»»

Category: lifestyleSource:  abscbnRelated NewsApr 4th, 2024

Converge allots P5 billion for data centers

Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Bumper harvest of palay seen in Q1

Despite threats of El Niño, the country’s palay output in the first quarter likely inched up year-on-year to over 4.8 million metric tons on the back of higher yield......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

‘Palay, rice prices to decline as harvest season peaks’

Palay and rice prices are expected to continue going down with the peak harvest season, according to farmers’ group Federation of Free Farmers......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

DA: Palay production hit 20.06 million MT in 2023

Palay production hit a record high of 20.06 million metric tons in 2023, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

PNP gets P10 million reward for busting Bicol crime ring

A reward of P10 million was given to the Philippine National Police for breaking up a criminal ring based in Bicol with the killing of its leaders last month......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

NFA fails to meet palay procurement target in February

The National Food Authority continues to struggle in beefing up its rice buffer stock as its buying price remains uncompetitive against private traders, worsened by lesser harvest in February......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

NFA mulls hike in selling price

The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»

Category: financeSource:  philstarRelated NewsMar 6th, 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