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Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Recto revives plan to sell NAIA assets

Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

MPTC to sell stake in Vietnam firm

Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

‘Now is best time for PAL to sell’

This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

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’”......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

SPNEC confirms plans to sell 40% stake in Terra Solar project to foreign investors

SP New Energy, now a Meralco subsidiary under Manny V. Pangilinan’s chairmanship, confirmed reports that it plans to sell “up to 40% equity stake in the Terra Solar” project......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

DA backs allowing NFA to sell rice in markets

The Department of Agriculture supports the move of Speaker Martin Romualdez to amend the Rice Tariffication Law (RTL) to allow the National Food Authority (NFA) to sell rice in the markets, DA Assistant Secretary and spokesman Arnel de Mesa said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

US House votes for possible TikTok ban if Chinese owners don’t sell

WASHINGTON — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year, but don’t expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package,.....»»

Category: newsSource:  inquirerRelated NewsApr 21st, 2024

A lot of pens to sell

A lot of pens to sell.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Ariel Villasanta tries to sell Mommy Elvie s urn to Boss Toyo — with freebies

Comedian Ariel Villasanta tried to sell his mother Elvi's urn to Boss Toyo. .....»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Jollibee plans to sell up to P8-B in preferred shares

Jollibee announced its plan to sell an additional 5 million to 8 million preferred shares at P1000/share, in a follow-on offering to raise between P5 billion and P8 billion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

AbaCore to explore sale of Mabini lot for P307-M

AbaCore [ABA 1.07 unch] [link] disclosed that its board of directors approved a plan to sell a wholly-owned subsidiary called Omnilines Logistics International Network (OLIN), which owns a 30,117 sqm lot in Mabini, Batangas......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Travel agencies group warns about cheap, illegal operators

The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

2 dead, 2 injured in sea collision in Philippines

MANILA, Jan. 31 (Xinhua) -- Two Filipinos died and two foreign travelers were wounded in a sea collision off Batangas province, south of Manila, around noontime on Wednesday, authorities said. The Philippine Coast Guard (PCG) said the accident happened around 12:30 p.m. local time near Matoco Point in Batangas City and involved the passenger ship MV Ocean Jet 6 and a water taxi. The PCG said the three oth.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

2 dead, 2 injured in sea collision in Philippines

MANILA, Jan. 31 (Xinhua) -- Two Filipinos died and two foreign travelers were wounded in a sea collision off Batangas province, south of Manila, around noontime on Wednesday, authorities said. The Philippine Coast Guard (PCG) said the accident happened around 12:30 p.m. local time near Matoco Point in Batangas City and involved the passenger ship MV Ocean Jet 6 and a water taxi. The PCG said the three oth.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

3 suspected rebels killed in clash in Philippines Batangas

MANILA, March 26 (Xinhua) -- Three suspected rebels were killed in a clash with government forces in Batangas province, south of Manila, on Tuesday, the Philippine military said. The military said a 30-minute gunfight broke out around 6:30 a.m. local time after the troops ran into a group of New People's Army (NPA) rebels in Rosario town. The troops recovered three rifles, six jungle packs, and some mater.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Lyceum drubs MCU

Lyceum of the Philippines University gave its home fans something to be proud of by crushing the visiting Manila Central University, 102-65, in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 yesterday at the University of Batangas gym in Batangas City......»»

Category: sportsSource:  philstarRelated NewsFeb 26th, 2024

Pirates of Batangas enter UCAL win column; Dolphins go 3-0

Lyceum of the Philippines-Batangas nailed its first win with a 94-75 drubbing of the Philippine Women’s University Saturday, January 27, in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 at the Paco Arena in Manila......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

4 PH medicinal herbs for gout, pain relief pass clinical trials

MANILA, Philippines — Back in the 1970s, the government had a dream of providing cheap medicines for Filipinos, especially the poor, who are often left out of health care. Dr. Cecilia Lazarte, director of the Institute of Herbal Medicine of UP Manila’s National Institutes of Health, stressed in 2020 the importance of research on the.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024