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A glance at government s windfall from SMC’s NAIA takeover

The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

In a doughnut in Japan, unlocking the power of the Sun

With its tangle of pipes and pumps leading to a metal pot the size of a five-storey building, Japan’s JT-60SA machine looks to the untrained eye like a contraption from 1970s sci-fi. But inside it is a doughnut-shaped vessel where experiments done at millions of degrees could help unlock a carbon-free, inexhaustible and safe power.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

SPNEC pumps on inclusion to MSCI Philippines Small Cap Index

SP New Energy gained more than 6% yesterday after news that it will be included in the MSCI Philippines Small Cap Index when it is rebalanced on February 29......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Mixed movement at the pumps seen next week

Local oil companies are expected to implement a mixed movement in pump prices next week......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

Top 10 e-commerce sites in the Philippines 2019 - ASEAN UP

With a dynamic economy and a large population proficient with digital technologies, the Philippines is a fast-growing market for e-commerce in Southeast Asia. Several websites and digital applications are already fighting for market share, with global, regional and national players. The growing connectivity of the Philippines, rapidly overcoming the countrys infrastructure difficulties, enable more and Continue reading &q.....»»

Category: newsSource:  manilanewsRelated NewsMar 23rd, 2024

Palarong Pambansa 2024 earns support from Mandaue, Cebu business leaders

CEBU CITY, Philippines– The Cebu Chamber of Commerce & Industry (CCCI) and the Mandaue Chamber of Commerce & Industry (MCCI) will give out their full support to the organizers of the upcoming Palarong Pambansa 2024 scheduled in July. In a meeting last March 18 at the board room of the Aboitiz Corporate Center, CCCI President.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2024

Philippines e-commerce traffic ranked 5th in East Asia

The Philippines ranked fifth in terms of e-commerce traffic in East Asia, according to a report by the United Nations Economic and Social Commission for Asia and the Pacific......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

PH highlights need for stable environment for e-commerce

PH highlights need for stable environment for e-commerce.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Taxing pixels: Taking a byte out of the digital pie

Despite the promise of convenience and growing popularity of electronic commerce (e-commerce), the widespread use of digital trade platforms has proven to be a challenging endeavor for the government especially in shaping regulatory policies......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Bidonvilles et armes Bamako : les raisons du commerce illegal d armes dans la capitale du Mali

Bidonvilles et armes Bamako : les raisons du commerce illegal d armes dans la capitale du Mali.....»»

Category: sportsSource:  abscbnRelated NewsFeb 21st, 2024

PHLPost partners with USAIDid-Speed on E-commerce initiatives

PHLPost partners with USAIDid-Speed on E-commerce initiatives.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

PhlPost partners with USAID on e-commerce initiatives

Recognizing the potential of the Philippine Postal Corp. (PhlPost) as an important partner in expanding e-commerce, even in rural areas, the United States Agency for International Development Philippines is extending its technical assistance through its Strengthening Private Enterprises for the Digital Economy Activity. The initiative aims to help PhlPost develop its digitalization roadmap as part of its modernization program. .....»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Biden sends commerce chief to Philippine mission

United States Commerce Secretary Gina Raimondo will visit the Philippines on March 11-12 as part of President Joseph Biden’s trade and investment mission to Manila......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

GT Capital diversifying into healthcare, renewables

Conglomerate GT Capital Holdings Inc. is exploring opportunities to diversify into new business segments, but the company said any investment outside of its current business portfolio would still take time to materialize......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 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

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

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024