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Davao City barangays need to improve disaster response
DAVAO CITY (MindaNews / 21 February)—Dabawenyos believe that barangays in this city should improve on disaster response efforts to deal with calamities more effectively, according to a survey conducted by the University of Mindanao’s Institute of Popular Opinion (UM-IPO). During “Wednesdays Media Forum at Habi at Kape,” Dr. John Vianne Murcia, UM-IPO director, said that […].....»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
DoubleDragon secures HBNB ticker symbol for Hotel101’s Nasdaq IPO
DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, said last week that it will use the ticker “HBNB” for the Nasdaq IPO of its subsidiary, Hotel101 Global Pte Ltd......»»
The PSE’s first IPO might be delayed until next quarter
A report from Iris Gonzales of The Philippine Star said that the Citicore Renewable Energy Corp. IPO might be moved from late March to sometime in Q2 to be more “in line with the expected lowering of interest rates” and to give CREC more time to “complete some remaining regulatory requirements”......»»
CREC likely to move IPO to Q2
The planned initial public offering of Citicore Renewable Energy Corp., potentially the first IPO of 2024, may be moved to the second quarter of the year in line with the expected lowering of interest rates by then......»»
OceanaGold Philippines files for P7.9-B IPO
OceanaGold Corp. a Canadian gold mining company [link], has filed an application to the SEC to conduct an IPO for its Philippines-based subsidiary, OceanaGold Philippines......»»
Balai Ni Fruitas response to write-up on the reallocation of IPO proceeds
On Tuesday, I wrote about Balai Ni Fruitas and the BALAI board’s reallocation of IPO proceeds to commissary construction, away from store network expansion......»»
Balai Ni Fruitas reallocates P50-M in IPO proceeds to complete commissary build
Balai Ni Fruitas said that its board approved a reallocation of its IPO proceeds, from “Store network expansion and store improvement”, to “Commissary set up”......»»
GCash preparing for IPO in the last half of 2024
Oscar Reyes Jr., the CEO of GCash operator G-Xchange [link], said that they’re “preparing internally so that we can be ready this year” for an IPO, but clarified that “it is a question of the market, not of GCash, as the market has yet to rebound fully.”.....»»
PCCI cites economic benefits from Philippines-EU FTA
The country’s largest business organization welcomed the announcement of the resumption of the free trade agreement negotiations between the Philippines and the European Union as it expects the deal to bring economic benefits for both parties......»»
DTI wants FTA with South Korea ratified by mid-year
The Department of Trade and Industry wants the free trade agreement between the Philippines and South Korea to be ratified by the middle of this year......»»
Resumption of FTA talks seen to spur higher EU investments
The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»
NZ-EU FTA gains Royal Assent for 1 May entry to force
The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand's ratification of its free trade agreement with the European Union. "I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA)......»»
Philippines, EU resume free trade agreement talks
MANILA, March 19 (Xinhua) -- The Philippines and the European Union (EU) resumed negotiations for a free trade agreement (FTA) on Monday, the Philippines' Department of Trade and Industry (DTI) announced Tuesday. "Strengthening economic engagement with the EU remains a priority for the Philippines," said Philippine Trade and Industry Secretary Alfredo Pascual, adding that the Philippines aims for an ambitious, b.....»»
European businesses welcome restart of FTA talks
European businesses welcomed the restart of talks between the Philippines and the European Union for a free trade agreement, as they emphasized the importance of trade deals in promoting economic growth and stronger ties......»»
Recto floats FTA with US executives
Finance Secretary Ralph Recto has floated the potential of a free trade agreement with the United States as he seeks more economic and investment opportunities with the world’s biggest economy......»»
BPI bullish this year amid continued loan growth
After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»
Blockbuster card in Mandaue
A seven-fight, 58-round card called Engkwentro 13 is guaranteed to rock the Mandaue Cultural and Sports Complex on May 1 with a pair of WBO Oriental championships at stake in a double main event featuring undefeated prospects and a former two-time world titlist gunning for another crack at the crown.....»»
Aranas to face Acope in Carcar slugfest
CEBU CITY, Philippines — Undefeated prospect Jemuel Aranas will treat his hometown folks in Carcar City, south Cebu with a six-rounder bout on April 20, at the Carcar City Sports Complex. The 21-year-old Aranas is one of Chao Sy Boxing Gym’s prospects who debuted in 2023 as a pro. READ MORE: Jerusalem ends PHL’s world.....»»
FDC eyes return to pre-COVID-19 profit
Filinvest Development Corp., the listed conglomerate of the Gotianun family, is bullish on its growth prospects this year, with the company setting its sights on returning to pre-pandemic profit levels......»»