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New toll road concession in Indonesia awaits MPTC

Metro Pacific Tollways Corp. expects to land within this month the contract for its largest project outside the Philippines, completing its entry in an expressway used by about 900,000 vehicles every day......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

El Niño to slash coconut oil exports

The El Niño phenomenon is seen pulling down the country’s coconut oil exports by a fifth in market year 2024-2025 to 900,000 metric tons, according to an international agency......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Investors take profits ahead of Holy Week break

The stock market fell below the 6,900 level once more to end the week in the red as investors cashed in on their profits......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Stocks pull back on inflation impact

Investors yesterday pulled the market back closer to the 6,900 territory, pricing in the impact of inflation landing on the higher end of the target band......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Selling pressures drag local stocks down

The Philippine Stock Exchange index fell below the 6,900 level, slipping by 0.31 percent or 21.72 points to end at 6,891.49 amid selling pressures at the start of the trading week......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Market extends winning streak

Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

NBI-Davao seizes illegal ‘butane’

THE National Bureau of Investigation - Southern Mindanao Regional Office (NBI-Semro) seized around 900 illegally refilled LPG canisters commonly known in the market as “butane” during a buy-bust operation at the Bankerohan Public Market in Davao City on Monday morning, February 19, 2024......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Market rally at risk from profit takers

Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Martial law architect Enrile gets Malacañang birthday bash, P100k cash gift

During his birthday celebration at Malacañang, Enrile, who earns around P189,00 to P211,900 (Salary Grade 30) as chief state counsel, was also handed a centenarian gift of P100,000 by the Department of Social Welfare and Development. .....»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

SEC-Davao advises timely submission of requirements for amnesty payments

The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Genshin Impact announces first Asia TCG Invitational

HoYoverse’ popular game title, Genshin Impact, has announced the first Genius Invokation TCG (trading card game) Asia Invitational, which will take place from January 11-21 with a prize pool of $69,900 (approximately P3.9 million)......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

NexGen Energy files for P0.6-B IPO

NexGen Energy has filed with the SEC to conduct an IPO to raise up to P580 million through the sale of primary shares at P1.68/share with a secondary over-allotment option......»»

Category: financeSource:  philstarRelated NewsMay 23rd, 2024

A Brown gets green light for P1.5 billion share offer

A Brown Co. Inc. has secured approval from the Philippine Stock Exchange to raise up to P1.5 billion through a preferred shares offering......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

A Brown targets P1.5 billion from preferred share sale

A Brown Co. Inc. is targeting to raise up to P1.5 billion from the sale of preferred shares......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Factory output rebounds in April

Local factory output expanded in April, a turnaround from the decline in the previous month, due mainly to the increase in food production, according to the Philippine Statistics Authority (PSA)......»»

Category: newsSource:  philstarRelated NewsJun 8th, 2024

5 drown in Philippines while swimming to cool off

MANILA, April 29 (Xinhua) -- Five people, including three children, have died Sunday from drowning in five separate incidents in the Philippines, police reported on Monday. Police said the fatal accidents occurred during outings to beat the scorching heat sweeping the country the past weeks. A 24-year-old female worker died while swimming in Laguna province along with fellow factory workers. A six-year-ol.....»»

Category: newsSource:  manilanewsRelated NewsApr 29th, 2024

PMI eyes use of Philippines tobacco in smoke-free products

Philip Morris International plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate’s factory......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Titay’s Rosquillos Upgrades Facilities to Meet Increasing Demand

Liloan’s iconic bakery, Titay’s Rosquillos and Delicacies, founded by Margarita Frasco or Mama Titay in 1907, ushers in a new milestone with the groundbreaking of its new factory in Titay’s Poblacion, Liloan, on April 1, 2024, to meet the increasing demand for their products by locals and tourists. Titay’s, a brand that established the rosquillos.....»»

Category: newsSource:  inquirerRelated NewsApr 11th, 2024

Factory gate prices ease in February

Producer prices declined at a slightly faster rate in February as electronic and food products posted slower upticks, according to the Philippine Statistics Authorit......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Factory activity eases in March

The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024