Del Rosario controlled-PHINMA Corporation is optimistic on growth this year and is raising its capital expenditure budget by 50 percent to P4.5 billion from the P3 billion it allocated for the expansion of its businesses in 2023. PHINMA Chief Financial Officer Edmund Alan A. Qua Hiansen In a media...
The Philippine Stock Exchange (PSE) is preparing to renegotiate its planned buyout of its fellow shareholders in Philippine Dealing System Holdings Corporation (PDS Group) after securing the approval of the Securities and Exchange Commission late last year. In an interview, PSE President and CEO...
GCash, the Philippines’ top finance app and largest cashless ecosystem, reported that it now has nearly half a million users for GStocks PH as it ramps up the reach of its stock investment platform. Last year, GCash had tapped AB Capital Securities, Inc. (ABCSI) to introduce GStocks PH to its...
The Philippine Stock Exchange (PSE) announced that it has added new features on its PSE Electronic Allocation System (PSE EASy) website, a platform that enables local small investors (LSIs) to participate in initial public offerings (IPOs) and follow-on offerings (FOOs). In a statement, the bourse...
Real estate and retail mogul Manuel B. Villar Jr. has been listed as the only Filipino in elite Forbes World’s Billionaires List 2024: The Top 200 as among the planet’s billionaires whose fortunes continue to swell despite war, political unrest, and lingering inflation. Vista Land and...
San Miguel Foods (SMF), a unit of diversified conglomerate San Miguel Corporation (SMC), and the Department of Science and Technology’s Food and Nutrition Research Institute (DOST-FNRI) have partnered to standardize the NutriBun formulation used in government feeding programs. Nutribun is...
EDITORS DESK It could have been seven at this point, or maybe eight, a dozen, or more — the numbers never ending like a pile of logs thrown into a pit of fire. The country, longing for the repeat of divine glory at the quadrennial Summer Games, has six Filipinos that are bound for Paris just...
Diversified conglomerate San Miguel Corporation (SMC) reported that it has logged its highest water savings yet in five years, under its “Water for All” flagship water sustainability program. In a statement, the firm also reported significant progress in its ongoing massive effort to...
TACLOBAN CITY – Palompon, Leyte Mayor Ramon Oñate has expressed concern over the alleged dumping of over 50,000 chickens in a poultry farm in Sitio Canlutaw, Barangay Naghalin, Kananga, Leyte, recently. The mayor has called on Environment and Natural Resources Secretary Maria Antonia...
Senators on Friday, March 15 welcomed the enactment of Republic Act No. 11984 and are upbeat more students would be able to take school examinations despite facing financial challenges. The new law will require all private and public educational institutions to accommodate and allow...
Diversified conglomerate San Miguel Corporation (SMC) is optimistic it will sustain this year’s strong financial performance as its major investments continue to benefit from the country’s economic growth. In a statement, SMC reported a strong performance in 2023 with consolidated net income...
The Commission on Appointments (CA) has approved in plenary session the ad interim appointments of six (6) foreign service officials of the Department of Foreign Affairs (DFA) and two (2) ambassadors. The CA in particular confirms the nomination of ambassador to Cambodia Flerida...
