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Investors take profits ahead of Holy Week break
The stock market fell below the 6,900 level once more to end the week in the red as investors cashed in on their profits......»»
Filinvest, KMC answer rising demand for co-working spaces
Gotianun–led property developer Filinvest Land Inc. (FLI) is teaming up with global co-working space provider KMC Community Inc. to address rising demand for co-working spaces in the Philippines......»»
Chinese EV maker Zeekr prices IPO at $21, at the top end of range, reports say – The Daily Guardia
Chinese electric vehicle maker Zeekr has set the price for its initial public offering at $21 a share, aiming to raise $441 million by selling.....»»
Hapee toothpaste maker venturing into cosmetics
Lamoiyan Corp., maker of Hapee toothpaste, is pouring in around P150 million to expand its business to include cosmetics and whitening products this year......»»
How BYD Transformed from Battery Maker to Electric Vehicle Leader, Surpassing Tesla
Chinese automaker BYD, backed by Warren Buffett, has overtaken Tesla to become the world’s top electric vehicle (EV) maker in the fourth quarter of 2023,.....»»
Thai cement maker to open Philippines plant this year
Thai fiber cement maker Shera Public Co. Ltd. is pouring in P2 billion for its plant in Pampanga, which is expected to open this year......»»
Ernie AI maker denies its chatbot linked to Chinese military research
Ernie AI maker denies its chatbot linked to Chinese military research.....»»
Why BBM is pro-America
Ferdinand Romualdez Marcos Jr.’s pivot to America will soon yield dividends – in terms of investments in critical areas, jobs and job training, solid infrastructure, energy independence, digital connectivity, microchip production, agribusiness, mass transport and logistics hubs......»»
Capitol boosts Sampaguita industry in Floridablanca
Capitol boosts Sampaguita industry in Floridablanca.....»»
BOI boosts PH’s role as green metals hub
BOI boosts PH’s role as green metals hub.....»»
PRO-Western Visayas boosts safety with P2.6M investment in whistles, raincoats
PRO-Western Visayas boosts safety with P2.6M investment in whistles, raincoats.....»»
Share prices slip on profit-taking
The stock market slipped yesterday after rising for three consecutive days as investors cashed in on their profits on the last trading day of the week......»»
Navigating brand activism
The Philippines is experiencing a notable shift in corporate practice and behavior, reflecting a broader, global movement toward brands that are not just about profits but are deeply engaged in societal, environmental, and political dialogue. This change stems from a growing desire and demand among consumers for companies to contribute more meaningfully to societal welfare, pushing the boundaries of traditional business roles......»»
Rising athlete Yee eyes upcoming Ironman 70.3 Lapu-Lapu
CEBU CITY, Philippines — Cebuano rising athlete Franklin Ferdie Yee will test his mettle in the upcoming IRONMAN 70.3 Lapu-Lapu on April 21. Yee, a rising triathlete who represents both the Asian Orthopedics multisports team and the University of San Carlos (USC) track and field team, recently clinched a record-setting win in the 2024 Clark.....»»
Interview: ISU chief hails next generation stars rising at Gangwon 2024
GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»
Worker shortage, rising costs to slow healthcare growth
The expansion of the country’s healthcare industry may slow this year on rising costs and shortage of medical practitioners even as the demand for health services among Filipinos is on an uptrend......»»
New Car District showroom opens to address demand for local and imported cars
In response to the rising demand for premium brand-new and pre-owned cars, Car District opens its showroom along M.L. Quezon Street, Casuntingan, Mandaue City, Cebu, curating a collection of foreign and local car brands for its discerning clientele. The ceremonial ribbon-cutting for the opening of the new Car District showroom was led by Jonas Dy.....»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
DigiPlus revenues and profits exploded in FY23
DigiPlus declared a cash dividend of P0.18/share (1.8% yield) and teased that its FY23 net income of P4.1 billion, an outrageous 596% increase over its FY22 net income......»»
DOF mulls mining tax tweaks for royalties, windfall profits
The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»