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EDITORIAL - NFA housecleaning
With rice retailed at P20 per kilo still stuck in the realm of aspiration, a scandal has erupted in the National Food Authority, which is tasked to maintain a rice buffer stock for the country by buying from local farmers......»»
RLC sells P8.5 billion shares in REIT unit
Robinsons Land Corp., the diversified real estate firm of the Gokongwei family, has sold P8.49 billion worth of shares in RL Commercial REIT Inc., increasing the listed REIT’s public float to 49.95 percent......»»
RCBC Trust’s AUM hits P161 billion in February
The trust and investment management arm of Yuchengco-led Rizal Commercial Banking Corp. saw its assets under management hit more than P161 billion as of February, as the number of its institutional clients grew significantly......»»
RCBC auto, housing loans hit P121 billion
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»
PBCom eyes P2 billion from new bond issue
The Philippine Bank of Communications is looking to raise at least P2 billion, with an option to oversubscribe, from the first tranche of its new peso bond program......»»
India’s biggest port operator eyes Bataan for expansion
India’s largest commercial port operator is eyeing to expand its operations in the Philippines, citing the country’s “stable” regulations and business environment under President Marcos......»»
Third retail bond issue eyed in Q1
The government will borrow from small creditors in the first quarter as the Marcos administration sets its third offering of retail Treasury bonds in a bid to boost state coffers and finance various projects......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
FACT CHECK: P20K automatic monthly pension for senior citizens false
A YouTube channel, Tita Kitkat TV claims that the government will now provide an automatic P20,000 monthly social pension for all senior citizens......»»
Marijuana courier dies in General Santos road accident
A motorcycle-riding courier out to deliver some P20,000 worth of his illegal merchandise died in a road accident in Barangay Calumpang in General Santos City before dawn Friday......»»
Marijuana courier dies in General Santos road accident
A motorcycle-riding courier out to deliver some P20,000 worth of his illegal merchandise died in a road accident in Barangay Calumpang in General Santos City before dawn Friday......»»
The pests that are toxic politics and rice tariffication
Duterte back in 2019 promised us of cheaper rice with his Rice Tariffication Law. The Marcos-Duterte Uni-Team in 2022 promised to lower the price of rice to P20 per kilo. These promises clearly remained as promises......»»
DA moving to prevent decline in onion farmgate price
Efforts are now being done to prevent the further decline in the farmgate price of onions as farmers are forced to sell their produce at about P20 per kilo, Department of Agriculture spokesman Arnel De Mesa said......»»
BARMM workers to get P20 pay hike
Minimum wage earners in the Bangsamoro Autonomous Region in Muslim Mindanao are getting a wage increase......»»
Yasmien Kurdi nag-react sa viral ‘P299 engagement ring’ post: ‘Medyo OA!’
NAGBIGAY ng opinyon ang aktres na si Yasmien Kurdi kaugnay sa pagbibigay ng murang engagement ring. Para sa kanya, hindi dapat gawing malaking isyu ang halaga ng isang materyal na bagay. Naikuwento pa ng aktres sa isang Facebook post na wala siyang engagement ring at ang ginastos lang nila sa kasal ay P20,000. “P299 na.....»»
BIR eyes P325 billion from excise taxes
The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»
Century Properties eyes P4 billion from pref shares issue
Century Properties Group Inc. has set the preliminary terms for its planned preferred shares issuance, in which the company intends to raise as much as P4 billion......»»
The challenges and opportunities of listing bonds in the Philippines
It is definitely much easier for Philippine Stock Exchange-listed companies to list on the bond exchange, because the internal corporate clean-up and housekeeping that companies undergo before listing on the PSE already suffice as prerequisites to listing on the bond exchange. Similarly, the public disclosures made by PSE-listed entities already satisfy the PDex-imposed requirements before a company can list on the bond exchange......»»
The challenges and opportunities of listing bonds in the Phl
Several years ago, I got a request from a certain Bangko Sentral ng Pilipinas Monetary Board member to visit me in my office and get an update on the state of the Philippine capital markets......»»