San Miguel Corporation (SMC), through San Miguel Foods Inc., has already procured a total of 436,209 metric tons (MT) of corn from local farmers as part of its commitment to the government to help with the purchase of locally produced food across the country during the pandemic. Moving forward, the...
Calvin Abueva. (PBA Images) Calvin Abueva on Monday attended an online seminar as part of conditions set by the Games and Amusements Board for his professional license to be reinstated. GAB chairman Baham Mitra posted on his Twitter account a photo showing Abueva taking part in the Zoom seminar on...
State transport authorities and stored value or "beep" cards provider AF Payments Inc. (AFPI) remain deadlocked over the issue of making the cards free for commuters, as of presstime. (PNA / MANILA BULLETIN) AFPI today issued a statement to the media, effectively saying that the Department of...
The Philippine Stock Exchange (PSE) has approved the listing of the shares for the P1.13 billion follow-on offering of PH Resorts Group Holdings, Inc. (PHR), the Udenna Group’s gaming and hospitality subsidiary. “It’s all systems go. Despite the on-going COVID-19 pandemic we are playing...
Uy-led Phoenix Petroleum Philippines Inc. is extending two-pronged assistance to farmers and fisherfolk by providing fuel assistance of up to P4.00 per liter until yearend; as well as allotting retail or vending space for them to sell their products at the company’s designated gasoline stations....
The Philippine peso is heading for its biggest quarterly gain in a decade and still has scope to appreciate due to positive fund flows, according to Credit Agricole SA and Nomura Holdings Inc. The local currency has now strengthened 4.6% this year, beating all its developing-nation counterparts...
Trade and Industry Secretary Ramon M. Lopez said they will issue an advisory to the mayors and local government units (LGUs) allowing them to determine the extent of further reopening of business establishments from the current 50 percent. Trade and Industry Secretary Ramon Lope (ALFRED FRIAS /...
To spare Maynilad Water Services Inc. and Manila Water Company Inc. from further financial trouble, the government could only give one last set of reliefs to the respective customers of these water utilities, which includes a 30-day grace period for unpaid bills from August 4 to 18. For the unpaid...
Members of the Philippine Association of Feed Millers Inc. (PAFMI), the largest group of feed millers in the Philippines, has intensified its local corn buying, so far purchasing 133,500 metric tons (MT) of the staple during the peak harvest season. Photo by Milada Vigerova on Unsplash. The local...
The Philippine Association of Meat Processors Inc. (PAMPI) expressed its full support to the proposal of Trade Secretary Ramon Lopez to allow more businesses to operate at their rated capacity to prevent the economy from further deterioration. “While we recognize that there are risks associated...
It will be detrimental for Maynilad Water Services Inc. if the government decides to extend the moratorium on the issuance of water service disconnection notice to consumers, a Maynilad official said. As for Metropolitan Waterworks and Sewerage System (MWSS) Chief Regulator Patrick Ty, he said a...
Due to mounting losses through the years, the ritzy Tower Club, which has the country’s top business owners and executives in its roster of members, is planning to permanently close “due to growing operating losses through the years.” In a statement, Tower Club Inc. said its shareholders have...
