Roxas firm suspends trading pending new investor
Millennial businessman Leandro Leviste has shaken the local stock market with his plan to invest P5 billion in Roxas Holdings Inc., but the company suspended trading yesterday until the end of May to avoid speculation on the proposed bailout......»»
Raymond Garcia suspends new Palaro procurements pending review
CEBU CITY, Philippines — Acting Cebu City Mayor Raymond Alvin Garcia has ordered the “immediate suspension” of all new procurements related to the city’s hosting of the Palarong Pambansa 2024 in July pending a review of the proposals. Garcia said he wants to make sure that they only spend government funds on what’s needed. “Daghan.....»»
Roxas and Co went near-ceiling on solar farm speculation
Roxas and Company saw its shares shoot up 49% in yesterday’s trading session, prompting an inquiry from the Capital Markets Integrity Corp. (the market watchdog) for an explanation......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Roxas and Company finalizing plans to monetize vast landbank of farmland
Roxas and Company clarified a report by BIlyonaryo that it could use some of its massive agricultural landbank in a tie-up with Manny Pangilinan’s SP New Energy......»»
Roxas Holdings’ net loss triples to P2.2 billion
The net loss of sugar and ethanol producer Roxas Holdings Inc. more than tripled in its fiscal year 2023 as the group reeled from the closure of its milling operations......»»
Leviste becomes largest shareholder of Roxas and Co
Solar energy trailblazer Leandro Leviste has acquired shares in listed Roxas and Co. Inc., making him its largest individual shareholder with shares equivalent to 7.55 percent of the company......»»
Roxas Holdings suspended for reporting failure
The PSE suspended Roxas Holdings for its continued failure to submit its Annual Report for its fiscal year ending Sept. 30, 2023......»»
From love team to forever: Gladys Reyes, Christopher Roxas mark 20th wedding anniversary
Celebrity couple Gladys Reyes and Christopher Roxas celebrated their 20th wedding anniversary recently......»»
‘NOW plea to nullify NTC circular still pending before CA’
The petition of NOW Telecom Co. Inc. to have the National Telecommunications Commission bidding guidelines for the entry of a new major player in the telco industry declared unconstitutional is still pending before the Court of Appeals, the company said yesterday......»»
As a new investor, how should I pick stocks to invest in?
For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills......»»
MCWD: Digging permit requests pending before City Hall; Rosell: What requests?
MCWD: Digging permit requests pending before City Hall; Rosell: What requests?.....»»
Canadian national with pending case nabbed inside Immigration office in Bohol
Canadian national with pending case nabbed inside Immigration office in Bohol.....»»
LEDAC delay won’t affect pending reforms, says Recto
The cancelled convening of the Legislative-Executive Development Advisory Council (LEDAC) due to conflict among lawmakers will not affect pending reform measures, Finance Secretary Ralph Recto said......»»
Ombudsman suspends Bohol guv, 68 others over Chocolate Hills resort
Ombudsman suspends Bohol guv, 68 others over Chocolate Hills resort.....»»
Guagua mayor suspends class, work on May 17
Guagua mayor suspends class, work on May 17.....»»
Ombudsman suspends Rama, 7 others for 6 months
Ombudsman suspends Rama, 7 others for 6 months.....»»
Iloilo City braces for heatwave, suspends classes for May 8
Iloilo City braces for heatwave, suspends classes for May 8.....»»
DA suspends importation of live cattle, buffaloes from 4 countries
DA suspends importation of live cattle, buffaloes from 4 countries.....»»
Comelec suspends proceedings related to PI for Cha-cha
Comelec suspends proceedings related to PI for Cha-cha.....»»
PAL denies that it has started the groundwork to sell a minority stake to strategic investor
Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»