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Government readies for surge in cruise tourism
The Philippines expects to welcome at least 300,000 travelers from cruise ships this year – more than triple from 2023 – as the government prepares for their entry by building dedicated terminals in tourist sites......»»
PSE readies delisting of Abra Mining
he Philippine Stock Exchange Inc. will initiate delisting proceedings against Abra Mining and Industrial Corp. after the Securities and Exchange Commission found that the company and some of its officials had illegally sold unissued and unlisted shares over a five-year period......»»
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......»»
DoubleDragon unit Hotel101 Global readies US listing
Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»
Pia Wurtzbach to auction memorabilia for 10th anniversary as Miss Universe
It has been almost 10 years since Pia Wurtzbach ended the Philippines’ 42-year drought for a Miss Universe crown, but no matter how big an achievement it was, Pia did not want to be remembered only as Miss Universe 2015......»»
BPI readies issuance of dollar bonds
The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»
Investors swarm T-bond auction
Investors swarmed the latest offering of long-term securities, resulting in slightly lower rates and allowing the government to raise P30 billion......»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
EV players push ‘green traffic’ as NEDA readies tariff review
Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»
Harrison Ford s Star Wars script fetches £10,795 at UK sale
An original draft "Star Wars" script left in a London apartment by "Han Solo" actor Harrison Ford sold at a UK auction for £10,795 ($13,600) on Saturday......»»
P115 million worth of properties up for auction
State-run Philippine Deposit Insurance Corp. is set to dispose P115.1 million worth of various properties of padlocked banks......»»
200 artists, 9 galleries to mount experiential ALT Philippines 2024
Five critically acclaimed artists, live performances, a silent auction and daily tours with an art curator are some of the highlights at this year's ALT Philippines. .....»»
Phinma investing P2 billion for new Davao cement plant
The Phinma Group plans to invest about P2 billion to put up a new facility in Davao to further solidify its presence in the cement industry......»»
Phinma partners with Floirendo Group for Davao cement plant
The Phinma Group of the Del Rosario family has concretized its plan to develop a new cement manufacturing facility in Davao as it inks a deal with the Floirendo-led Anflo Management and Investment Corp. (ANFLOCOR)......»»
Xinhua Headlines: What China s new economic pivot means for the world
by Xinhua writer Liu Bowei BOAO, China, March 30 (Xinhua) -- On a flat ground in the Mymensingh district in north-central Bangladesh, some 169,000 solar panels are laid in rows, converting sunrays into electrical power. Now, the 50 MW photovoltaic power plant serves as an epitome of Bangladesh's booming green power development, as the South Asian country has announced the decision to reduce carbon dioxide.....»»
NFA gets new OIC amid suspensions
The National Food Authority Council yesterday appointed former Bureau of Plant Industry director Larry Lacson as officer-in-charge of the NFA after a special meeting presided over by Agriculture Secretary Francisco Tiu Laurel Jr......»»
Ambitious timeline set for nuclear energy development
The clock is ticking for the Philippines to start its nuclear power industry, with the government setting sights on an ambitious and aggressive timeline that will see the construction of a new nuclear power plant in the country commencing in four years’ time......»»
NEWS BRIEFS | 7 June 2024
NPC to Balo-i residents: avoid banks of Agus River starting June 13 The National Power Corporation (NPC) has warned residents of Balo-i town in Lanao del Norte to avoid the banks of Agus River beginning on June 13 when it will start repairs of its 158.1 megawatt Agus 4 hydroelectric power plant. In a statement […].....»»
Ingrid Power to cease operations
Ingrid Power Holdings Inc, a 150-megawatt high-speed diesel plant in Pililla, Rizal, is set to cease operations at the end of May......»»
Insufficient power supply: Luzon, Visayas grids on yellow alert anew
The Luzon and Visayas grids were placed under yellow alert yesterday as power supply thinned due to plant outages......»»