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SEC approves Maynilad’s P15 billion ‘blue bond’ offering
The Securities and Exchange Commission (SEC) has given the green light to the P15 billion blue bond offering of West Zone concessionaire Maynilad Water Services Inc......»»
Bank of Commerce raises P6.57 billion from bond offering
San Miguel-led Bank of Commerce has raised P6.57 billion in its second foray into the domestic debt market, as institutional and retail investors swarmed its peso bond offering......»»
Union Bank announces P17-B stock rights offering
Union Bank disclosed that it plans to conduct a stock rights offering to sell 450,204,078 UBP common shares to existing UBP shareholders at a price somewhere between P33.73 and P38.23 per share......»»
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”......»»
Norwood Residences: Prestige Homes latest offering for future prime living
Norwood Residences: Prestige Homes latest offering for future prime living.....»»
Cebu Landmasters raises P4B in preferred shares offering; plans strategic expansion
Real estate firm Cebu Landmasters Inc. (CLI) has raised more than P4.28 billion through its recent follow-on offering of preferred shares......»»
Cebu Landmasters prices its follow-on offering
Cebu Landmasters set the dividend rates for its P5 billion follow-on offering that will begin selling to the public tomorrow......»»
Space-Dining For $500 Million: Top Chefs Latest Offering
SpaceVIP, a luxury space tourism company, is set to revolutionize the dining experience by offering gourmet meals in the stratosphere for an astronomical price of.....»»
A Brown Company prefs follow-on offering approved by the PSE
The A Brown Company preferred shares follow-on offering was approved by the PSE......»»
AREIT eyes up to P9 billion additional share offering
AREIT Inc. is planning a follow-on offering or private placement of shares to boost its public float which would decrease following a major property-for-share swap transaction with its sponsor Ayala Land Inc......»»
Homegrown company expands product offering for Sinulog
Homegrown company expands product offering for Sinulog.....»»
Cebu Landmasters board approves P5-B preferred shares offering
Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
Haunted past and present
Activists as they are, Ilagan and Lamangan, could not allow the play to leave its audience depressed and hopeless. Their faith in the power of the mass movement seemed endless, ending the play with a positive note, uplifting its cast and audience alike. The post Haunted past and present appeared first on Bulatlat......»»
Solar storm could bring auroras, power and telecoms disruptions
WASHINGTON, United States – A huge solar storm has begun pummeling Earth, bringing possible disruptions to satellites and power grids — and stunning auroras — as it intensifies Friday evening. The first of several coronal mass ejections (CMEs) — large expulsions of plasma and magnetic fields from the Sun — arrived in the early afternoon,.....»»
Balik-Tanaw | Rejoice!
The 4th Sunday of Lent is called Laetare Sunday. A Latin word which means rejoice! In the beginning of the Mass, its entrance antiphon acclaims “Rejoice, Jerusalem, and all who love her. Be joyful!” This Sunday celebration brings us to hope with anticipation, the great joy of the resurrection… which urges us to enter more deeply into the mystery of God’s love and mercy…”For God so loved the world that He gave His only Son, so that everyone who believes in Him might not perish but might have eternal life.”(John 3:16) The First reading reminds us of God’s mercy when Cyrus, King of Persia became the instrument of salvation for God’s chosen people who were exile in Babylon. The Psalm remembers the tragedy of the exile in Babylon as it evokes sentiments of joy and hope for salvation. In the Second Reading, Paul tells us that God is rich in mercy, and His great love brought us salvation as a gift (taken from the Word in other words). The post Balik-Tanaw | Rejoice! appeared first on Bulatlat......»»
Why BBM is pro-America
Ferdinand Romualdez Marcos Jr.’s pivot to America will soon yield dividends – in terms of investments in critical areas, jobs and job training, solid infrastructure, energy independence, digital connectivity, microchip production, agribusiness, mass transport and logistics hubs......»»
Jeslar Uriel Larumbe, hit-and-run victim, laid to rest in Minglanilla cemetery
CEBU CITY, Philippines – The 23-year-old basketball player, whose promising future was destroyed by a tragic accident that led to his untimely death, was laid to rest on Saturday, February 24. Over a hundred people, that included family members, friends, and his former classmates, attended the 1:30 p.m. Requiem Mass that was held at the.....»»
President creates new office vs cybersecurity threats
As the country faces “evolving threats,” President Marcos has reorganized the National Intelligence Coordinating Agency to make it more equipped and capable of dealing with new dangers to national security, including cyber-security threats and weapons of mass destruction......»»
Capalla: 3rd Davao Archbishop to be buried in San Pedro Cathedral crypt
DAVAO CITY (MindaNews / 14 January) — The remains of Davao’s Archbishop Emeritus Fernando Capalla will be buried at the San Pedro Catheral’s crypt on Monday, January 15, after the 10 a.m. mass. MIndanao’s lone Cardinal Orlando Quevedo and Cardinal Jose Advincula of Manila, 14 Archbishops and Bishops will be among those who will concelebrate the […].....»»