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Metro Global given 6 months to avoid involuntary delisting
The PSE gave notice to Metro Global Holdingsthat it has six months to increase its public float above 10% to comply with the PSE’s Minimum Public Ownership (MPO) rule or be “automatically delisted” from the stock exchange......»»
A Brown Company prefs follow-on offering approved by the PSE
The A Brown Company preferred shares follow-on offering was approved by the PSE......»»
Century Properties P4-B prefs sale approved by PSE
Century Properties had its follow-on offering of preferred shares approved by the PSE......»»
SP New Energy suspended again for public float violation
SP New Energy was suspended at the close of trading on Friday by the PSE after a block sale pushed SPNEC’s public float down to 19.57%, below the PSE’s minimum public float requirement of 20%......»»
Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas
Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»
SSS targets 20% profit hike to P100 billion
State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»
Negosyanteng intsik inirereklamo ng mga empleyado
Isumbong mokay DRAGON LADYni Amor Virata INIREREKLAMO ng may 11 empleyado ang JUJU Mart na matatagpuan sa Chino Roces Ave., Makati City dahil sa kawalan ng benepisyo gaya ng Social Security System (SSS) na dapat ay ipinagkakaloob sa kanila. Pag-aari umano ito ng isang Intsik. Ilan sa empleyado ay matagal nang nagtatrabaho sa Juju Mart ….....»»
SSS releases P257 billion in benefit payments
State-run pension fund Social Security System released P257.4 billion in benefit payments to 4.7 million members last year......»»
SSS offers loan condonation program
State-run pension fund Social Security System has called on its members with unsettled loans to avail themselves of the agency’s condonation program and clear out their obligations......»»
FACT CHECK: SSS has no ongoing scholarship program
The Social Security System warns the public about fake posts bearing the agency’s logo that contain suspicious links promoting an alleged scholarship program.....»»
SSS surpasses 2023 target
State-run pension fund Social Security System saw its net income reach a record P83 billion in 2023 on the back of the mandatory contribution hike and the increase in new members......»»
SSS revenue soars to P362 billion in 2023
The mandatory contribution hike and the increase in new members boosted the revenues of state-run pension fund Social Security System to P362 billion last year......»»
SSS savings scheme hits P80 billion
The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»
Phinma investing P2 billion for new Davao cement plant
The Phinma Group plans to invest about P2 billion to put up a new facility in Davao to further solidify its presence in the cement industry......»»
Bad for Phl’s image
While President Ferdinand Marcos has been wooing private companies, both local and foreign, to partner with the government and to invest in infrastructure development in order to fuel his administration’s push for economic growth and more jobs, there are some in government who seem to be sending a completely opposite message and who are bent on sabotaging whatever gains the country has achieved so far......»»
Filinvest holding firm allots up to P25 billion for 2024 capex
Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»
Government bonds drawing in more online investors
Demand to invest via digital platforms is seen picking up further, especially for government securities, state-run Land Bank of the Philippines said......»»
Leviste firm to invest over P5 billion in Batangas
Countryside Investments Holdings Corp., a company owned by Leandro Leviste, is investing over P5 billion to help boost development in rural Batangas......»»
CNPF to expand capacity after new deal with Vita Coco
Century Pacific Food Inc., the Po family’s listed food and beverage firm, is poised to invest $40 million to expand its capacity after securing a fresh long-term contract with US-headquartered The Vita Coco Co. Inc......»»
Over 100 US firms interested to invest in Clark –BCDA
More than 100 US companies are interested in exploring investment opportunities in Clark, according to the Bases Conversion and Development Authority......»»