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ACEN secures certification for WESM trading standards
ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System – the first among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»
SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares
The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»
PH eyes aviation investments in Singapore Airshow
The government aims to attract investments for the Philippines’ aviation sector at the upcoming Singapore Airshow, aiming to position the country as a travel and trading hub in Asia-Pacific and a starting point for North America, a senior official of the Department of Transportation said on Friday. Transportation Undersecretary Roberto Lim highlighted the importance of.....»»
We need to make companies pay for pollution
In a recent meeting, newly appointed finance secretary Ralph Recto stressed the need for the Philippines to seriously study carbon pricing instruments, with the intended aim of reducing emissions through a combination of carbon taxation and an Emissions Trading System......»»
Roxas and Co went near-ceiling on solar farm speculation
Roxas and Company saw its shares shoot up 49% in yesterday’s trading session, prompting an inquiry from the Capital Markets Integrity Corp. (the market watchdog) for an explanation......»»
Share prices slip on profit-taking
The stock market slipped yesterday after rising for three consecutive days as investors cashed in on their profits on the last trading day of the week......»»
TURNING POINT: The Rabid Clash of Titans
NAAWAN, Misamis Oriental (MindaNews / 31 January) – Their alliance in shambles, the incumbent and the former president of our blighted land, started trading barbs, calling each other a drug addict. Sebastian Duterte, the mayor of Davao City, came to his father’s aid demanding Marcos Jr’s resignation for incompetence. Indeed, the country’s politics has gone […].....»»
SP New Energy suspended again for public float violation
SP New Energy was suspended at the close of trading on Friday by the PSE after a block sale pushed SPNEC’s public float down to 19.57%, below the PSE’s minimum public float requirement of 20%......»»
SEC files criminal raps vs Abra Mining over alleged fraud
The Securities and Exchange Commission has filed criminal charges against Abra Mining and Industrial Corp. over alleged unauthorized and fraudulent trading of shares from 2015 to 2019......»»
SEC files criminal complaint vs Abra Mining
The Securities and Exchange Commission (SEC) has filed a criminal complaint against Abra Mining & Industrial Corp., its directors, officers, transfer agent and certain stockholders for alleged unauthorized trading of shares over a five-year period......»»
Entrepreneurial friendship
Even before the Spaniards landed on our shores in 1521, the Philippines was already actively trading with its Southeast Asian neighbors, along with the Ryukyu Islands (now known as Okinawa, Japan) and, of course, China. Despite a vast body of water and relatively primitive means of seafaring, the spirit of trade – and the resulting cultural exchanges – endured......»»
BIR files raps vs firm over P200 milion fake receipts
The Bureau of Internal Revenue yesterday filed before the Department of Justice criminal charges against the corporate officers and an accountant of a trading company for allegedly using P200 million worth of fake receipts......»»
BIR files rap vs accountancy firm tagged in P200-M worth of fake receipts
The Bureau of Internal Revenue (BIR) filed criminal charges against corporate officers and an accountant of a trading company for using more than P200 M worth of fake receipts......»»
PSE spending $11 million to upgrade trading engine
The Philippine Stock Exchange Inc., the operator of the country’s only stock market, is not letting up on its efforts to be up to par with global stock exchanges with investments of about $11 million to bolster its operations......»»
Trading suspension on Steniel lifted
The Philippine Stock Exchange has lifted Steniel Manufacturing Corp.’s nearly two-decade long trading suspension......»»
ALI to buy back more shares
Property giant Ayala Land Inc. plans to continue buying back shares to boost its share price, which the company believes has been trading at a steep discount......»»
DragonFi unveils new app for stock trading
DragonFi Securities Inc., the stock brokerage arm of Edgar “Injap” Sia’s DoubleDragon Corp., has introduced its new mobile investing app called DragonFi 2.0 aimed at making investing easy and accessible for all Filipinos......»»
Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023
Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»
PT& T readies return to stock market
Connectivity provider Philippine Telegraph and Telephone (PT&T) Corp. is securing regulatory approval to lift its two-decade suspension and finally resume trading at the Philippine Stock Exchange......»»
SEC slaps Abra Mining with P560 million fines
The Securities and Exchange Commission (SEC) has slapped Abra Mining & Industrial Corp., its directors, officers, transfer agent and certain stockholders with fines of at least P560 million for the unauthorized trading of unissued and unlisted shares from 2015 to 2019......»»