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T-bill rates up across the board

Demand went down while rates increased for short-term securities, but the government sustained its full award streak and raised P15 billion......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

SMC eyes P20 billion fixed bond offer

Diversified conglomerate San Miguel Corp. targets to offer in June fixed-rate bonds in a bid to raise P20 billion......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

PAL hikes capital to P30 billion

Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

PBCom eyes P2 billion from new bond issue

The Philippine Bank of Communications is looking to raise at least P2 billion, with an option to oversubscribe, from the first tranche of its new peso bond program......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

DBP seeks capital buildup of up to P300 billion

State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

PNB asset sale seen to yield P5.4 billion

Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

ALI to raise P50 billion in debt capital

Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Century Properties eyes P4 billion from pref shares issue

Century Properties Group Inc. has set the preliminary terms for its planned preferred shares issuance, in which the company intends to raise as much as P4 billion......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

A Brown targets P1.5 billion from preferred share sale

A Brown Co. Inc. is targeting to raise up to P1.5 billion from the sale of preferred shares......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

CLI approves issuance of P5 billion preferred shares

Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Spotify Mulling to Raise Subscription Prices Again

Music streaming giant Spotify plans to increase its Premium subscription prices by USD1.00 to USD 2.00 in the United Kingdom, Australia, Pakistan, and two other countries by the end of April This comes as Bloomberg reported the possible increase, with a price increase in the US expected to follow later this year. The latest price […].....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

SEC moves to help Philippines exit from FATF gray list

The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Brownlee to auction off Asian Games jersey, shoes for charity

Justin Brownlee aims to raise millions for charity as he plans to auction off the jersey and shoes he wore when he steered Gilas Pilipinas to a dramatic come-from-behind win over host China in the Asian Games.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Samal resort gets notice of violation over hawksbill turtle hatchlings

The Department of Natural Resources-Davao Region (DENR-Davao) has issued a notice of violation to Isla Reta Beach Resort in Samal for the illegal possession of hawksbill turtle hatchlings. The resort violated Republic Act 9147, which prohibits the exploitation of wildlife resources and their habitats. The law strictly prohibits collecting, hunting, or possessing wildlife or their by-products, with penalties including imprisonment and fines. In response to the notice, the resort's owner must release the turtle hatchlings within a day, or face legal action. Despite the resort's intention to care for and release the hatchlings after six months, DENR-Davao found 130 hatchlings inside styro boxes and emphasized the critical importance of immediately releasing them to ensure their survival. The Philippines recognizes five sea turtle species, with hawksbill and leatherback classified as critically endangered. DENR-Davao encourages individuals to report wildlife sightings and pledges to conduct public awareness campaigns for wildlife conservation. Isla Reta Beach Resort faced criticism for unauthorized plans to raise the hatchlings......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Philippines, US allot P1.15 billion to fight TB

The Philippines, through the Department of Health (DOH), and the United States government, through the US Agency for International Development (USAID), have teamed up to finance a P1.15-billion campaign against tuberculosis (TB) in the country......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Lotto results for April 9, 2024

EZ2/LVM - 6 28 SUERTRES - 2 9 6 6D Lotto - 0 6 8 1 3 8 6/42 Lotto - 28 37 6 5 12 18 P24,266,104.00 6/49 Super Lotto - 16 27 29 47 33 4 P15,840,000.00 6/58 Ultra Lotto - 28 57 34 17 35 19 P59,695,583.00.....»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

MMDA enforcer probed for extortion

A Metropolitan Manila Development Authority traffic enforcer is under investigation for allegedly extorting P15,000 from a motorist along Luzon Avenue in Quezon City on March 15......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Lotto results for march 6, 2024

EZ2/LVM - 30 21 SUERTRES - 4 1 1 4D Lotto - 2 7 2 2 6/45 Mega Lotto - 6 15 37 11 35 33 P15,808,068.00 6/55 Grand Lotto - 24 22 20 5 25 28 P107,449,255.00.....»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Lotto 6/42 P15M leap day draw jackpot won by lone bettor

MANILA, Philippines — A lone bettor became the 7th winner of the Lotto 6/42 in February with the additional day of the leap year proving to be an auspicious one for the one who bagged the P15 million jackpot on that day’s draw. The lone bettor managed to guess correctly the winning combination 05-21-03-33-30-41 on.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024