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SC: DOE may take over oil industry in emergencies

The Supreme Court has ruled that the Department of Energy may take over oil industry operations in times of emergency upon the directive of the country’s president......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

SSS pushed P300 million into REITs in Q4

Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

3 dead, 17 injured in multi-vehicle crash in Philippine capital

MANILA, April 30 (Xinhua) -- A speeding bus crashed into several vehicles along a busy highway in the Philippine capital on Monday night, killing three and injuring 17 others, police said on Tuesday. According to the police, the multi-vehicle accident happened around 9 p.m. local time and involved a bus, a passenger van, a taxi, and five motorcycles. Initial investigation showed that the bus first rammed.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

2 dead, 9 injured in Philippine capital fire

MANILA, April 22 (Xinhua) -- Two people died and nine were injured in a fire that gutted a residential area in the Philippine capital on Monday afternoon, the Bureau of Fire Protection said. The bureau said the fire, which broke out around 12:45 p.m. local time, took the lives of two female residents. The bureau added that five residents were injured, including a 60-year-old male and a 55-year-old female.....»»

Category: newsSource:  manilanewsRelated NewsApr 22nd, 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

SEC, UP Law Center partner to boost capital market

The Securities and Exchange Commission has joined forces with the University of the Philippines Law Center to boost the capital market......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Onion capital holds Sibuyas Festival

Onion capital holds Sibuyas Festival.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

Singlife gets P600 million capital infusion

Digital life insurance firm Singlife Philippines has secured a P600-million capital infusion from its parent company in Singapore as it moves to grow its market presence in the country......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Pre-dawn fire in Philippine capital kills 1

MANILA, March 30 (Xinhua) -- A 59-year-old man died in a pre-dawn fire that gutted a house in the Philippine capital Manila on Saturday, a firefighter officer said. Ronaldo Sanchez, marshal at Navotas City Fire Station, said the fire broke out at around 3 a.m. local time and trapped the victim on the second floor of the three-story house. Sanchez added that the victim was fast asleep when the fire spread,.....»»

Category: newsSource:  manilanewsRelated NewsMar 30th, 2024

Kyoto: Japan s Cultural Capital

Kyoto: Japan s Cultural Capital.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

Bago farmers get P1-M capital trading support

Bago farmers get P1-M capital trading support.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

GT Capital posts record high core earnings in 2023

GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»

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

SEC streamlines capital raising for power firms

he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 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

Capital One to Acquire Discover for $35 Billion in Merger of Major US Credit Card Companies

Capital One Financial has announced plans to purchase Discover Financial Services in a landmark deal valued at $35 billion. The acquisition, which will be an.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 20th, 2024

DBM: Infrastructure, capital expenditures breach P1 trillion

Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Israeli strikes hit outskirts of Syrian Capital

Israeli strikes hit outskirts of Syrian Capital.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

GT Capital confirms move to diversify into healthcare and renewable energy

GT Capital confirmed a report that it was planning to “expand beyond its current portfolio” into healthcare, renewable energy, and data centers......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

SEC to work with Go on capital market reforms

The Securities and Exchange Commission has vowed to work closely with Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go to push reforms that would deepen the capital market......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024