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House expedites release of P35M aid for Davao disaster victims
The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»
AIADMK releases first list of 16 candidates for Lok Sabha polls
Chennai (Tamil Nadu) [India], March 20 (ANI): AIADMK on Wednesday released its first list of 16 candidates for the upcoming Lok Sabha Elections 2024. The list was released by the party general secretary, Edappadi K Palaniswami. While releasing the list, he said that five constituencies have been allocated to the DMDK; and one each to Puthiya Tamilagam and SDPI. "In the AIADMK alliance, DMDMK is to contest in 5 seats, SDPI.....»»
Agoda Unveils 2024 New Horizons List
Digital travel platform Agoda reveals its first-ever “Philippines’ New Horizons,” a list of destinations that are fast growing in popularity. The list, which compares year-on-year search data, highlights emerging destinations that have seen significant growth in interest from both domestic and international travelers. Bohol tops the list with an impressive 72% increase in searches, followed […].....»»
Philippines remains on FATF gray list
The Philippines failed anew to exit the gray list or list of jurisdictions under increased monitoring after falling short in addressing the remaining concerns on its anti-money laundering and counter-terrorist financing regime, according to global dirty money watchdog Financial Action Task Force......»»
16 Asian countries discuss employing technology to implement innovative initiatives for regulating labour markets
DUBAI, 11th February, 2024 (WAM) -- Ministers of labour and human resources from 16 Asian countries sending and receiving workers discussed leveraging advanced technology for innovative initiatives aimed at resolving labor disputes and expediting verdicts. They also aimed to strengthen wage protection systems and facilitate skill mobility among participating countries. The focus was on improving labor market regulation.....»»
Philippines remains out of US IPR watch list
The Philippines was kept out of the US government’s list of countries with issues on intellectual property rights (IPR) enforcement for the 11th straight year......»»
Grey list
Grey is just a shade lighter than black. Being on the grey list is just one grade better than being on the black list. Not too many shades there......»»
LIST: 21 medicines added to VAT-exempt list
The Bureau of Internal Revenue has expanded its list of medicines which are exempt from the value added tax......»»
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......»»
Norwood Residences: Prestige Homes latest offering for future prime living
Norwood Residences: Prestige Homes latest offering for future prime living.....»»
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......»»
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......»»
Stock trading made easier for local small investors
The Philippine Stock Exchange Inc. has rolled out new features that seek to make initial public offering and follow-on offering (FOO) subscription more accessible and efficient for investors......»»
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......»»
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”......»»
The difference between SROs and FOOs
It’s been a while since we’ve talked in-depth about a stock rights offering or a follow-on offering, so let’s discuss how they’re different and when a company might use one or the other......»»
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......»»