Trading suspension on Steniel lifted
The Philippine Stock Exchange has lifted Steniel Manufacturing Corp.’s nearly two-decade long trading suspension......»»
SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares
The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»
Steniel cleared for open trading after 18-year suspension
Steniel Manufacturing had its suspension lifted by the PSE and will resume trading this morning after an 18-year absence from the market......»»
Suspension lifted for Philippine tennis body
After three years in limbo, the Philippine Tennis Association is back in the good graces of the International Tennis Federation after the world-governing tennis body lifted the latter’s suspension......»»
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......»»
Ombudsman lifts suspension on 72 NFA warehouse supervisors
The Office of the Ombudsman has lifted the suspension of 72 out of 139 officials and employees of the National Food Authority implicated in the alleged anomalous sale of government rice buffer stocks to private traders......»»
Ex-Cordova mayor Sitoy-Cho’s bench warrant lifted due to court error
LAPU-LAPU CITY, Cebu — Former Cordova Mayor Therese Sitoy-Cho clarified that the bench warrant issued by Mandaue City Regional Trial Court (RTC) Branch 55 against her on April 23, 2024, was immediately lifted by Judge Ferdinand Tapado Rafanan the following day. This occurred after the court committed an error during that hearing. According to the.....»»
NGCP ‘hopeful’ TRO lifted for vital power line
The National Grid Corp. of the Philippines is optimistic that a court order stalling the completion of a critical power line in Central Luzon will be lifted soon......»»
Rama to contest suspension order in Supreme Court, readies legal fight
CEBU CITY, Philippines – Cebu City Mayor Michael Rama stays firm despite being ordered a preventive suspension by the Ombudsman. He now plans to ask for Supreme Court intervention, believing the decision might be politically motivated. Rama questions the fairness of the anti-graft office’s six-month suspension, stating he and seven other City Hall officials weren’t given.....»»
NTC makes 30-day SMNI suspension indefinite
The National Telecommunications Commission yesterday ordered the indefinite suspension in the operation of the radio and television stations of Sonshine Media Network International, the broadcasting arm of Kingdom of Jesus Christ leader Apollo Quiboloy, after the group failed to comply with an earlier 30-day NTC suspension order......»»
Reinstated NFA employees to receive backpay
Employees of the National Food Authority whose suspension over the anomalous sale of the country’s rice buffer stock has been lifted by the Office of the Ombudsman will receive backpay upon their reinstatement, according to the NFA......»»
Philta back in ITF rolls
After three years in limbo, the Philippine Tennis Association is back in the good graces of the International Tennis Federation after the world-governing tennis body lifted the latter’s suspension......»»
OceanaGold falls 6% in first day of trading
OceanaGold PH dropped a little over 6% in its first day of trading, falling P0.82 from its P13.33/share IPO price to close at P12.50/share......»»
Steniel falls 30% in second day of trading
Steniel Manufacturing dropped 30% in its second day of trading......»»
Steniel jumps 388% in first day of trading
Steniel Manufacturing saw its share price close up 388% to P1.27/share in its first day of trading since 2006......»»
Thin volume seen on short trading week
Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»
Bago farmers get P1-M capital trading support
Bago farmers get P1-M capital trading support.....»»
Business group backs carbon emission trading
The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»
LMG Corp starts trading today with new par value
Shares of LMG Corp will be halted for the first hour of trading to allow traders to evaluate the change in the par value of the company’s common stock from P1.00/share to P0.10/share......»»
Live Updates: The Daily Guardian – Stock Market Today
Title: Stock Futures Dip, Yet Disney and Arm Shine in After-Hours Trading: Tech Sector Leads S&P 500 Surge The Daily Guardian In a mixed trading.....»»
Ayala Corp tightens insider trading policy
Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»