As of 10:50 this morning, trading at the Philippine Stock Exchange has yet to open “due to a system connectivity issue that is currently being resolved.” “Kindly standby for further announcements,” said PSE President and CEO Ramon S. Monzon.
From left to right: Panfilo "Ping" Lacson, Senator Ramon "Bong" Revilla Jr., Senator Francis "Tol" Tolentino (Facebook) Reelectionist Senators Ramon “Bong” Revilla Jr. and Francis “Tol” Tolentino, along with former Senator...
The Securities and Exchange Commission (SEC) has approved a proposal by the Philippine Stock Exchange (PSE) to exempt giant initial public offerings (IPOs), such as the upcoming IPO of GCash owner Mynt, from the 20-percent minimum public float requirement. “We have been able to get approval from...
CEBU CITY – The Office of the Ombudsman has directed the Department of the Interior and Local Government (DILG) to immediately implement the collection of penalties from dismissed Palompon, Leyte Mayor Ramon Oñate. The penalty is equivalent to Oñate’s salary for six months as mayor. The...
Diversified conglomerate San Miguel Corp. (SMC) reported a 22 percent growth in core net income to ₱52.3 billion last year, reflecting strong operational performance, even as its net income declined 18 percent to ₱36.7 billion due to foreign exchange adjustments. In a statement, the firm said...
The Philippine Stock Exchange, Inc. (PSE) is expecting over 200 foreign and local institutional investors and executives of publicly listed companies (PLCs) to attend its first-ever investor conference dubbed InvestPH from March 19 to 21, 2025. The bourse said InvestPH is supported by HSBC as...
Technology and gaming firm DFNN Inc. is aiming to double the current number of lottery sales agents of Philippine Charity Sweepstakes Office (PCSO) in just one year by selling 6,000 hand-held betting devices. In an interview, DFNN Executive Chairman Ramon C. Garcia Jr. said their LottoMatik...
DAGUPAN CITY – The Climate Change Commission (CCC) cited the province of Pangasinan for its comprehensive climate resilience strategies and integrated approach to environmental sustainability, disaster preparedness, and risk reduction. GUICO (FB) CCC Vice Chairman and Executive Director Robert...
San Miguel Food and Beverage Inc. (SMFB) reported that it has sustained its earnings growth as net income improved by seven percent to ₱40.9 billion last year on the back of the strong performance of its core businesses. In a statement, the firm said that it remained resilient despite evolving...
San Miguel Corporation (SMC) Chairman and CEO Ramon S. Ang’s firstborn John Paul L. Ang has been appointed director of Ginebra San Miguel Inc. due to the vacancy left by Francisco S. Alejo III, who resigned last Jan. 31, 2025. Ang is currently a director and the President and Chief Operating...
CEBU CITY – The Court of Appeals has junked the petition of former Palompon, Leyte Mayor Ramon Oñate and other local officials for a Temporary Restraining Order (TRO) against a ruling by the Ombudsman dismissing them from public service. The decision of the CA 15th Division has put the...
EDITORS DESK One needs little comprehension, or maybe a good set of eyes and an ounce of intellect to spot the missing link that doomed Gilas Pilipinas in its recent run in Doha for some friendly games and in the third window of FIBA Asia Cup Qualifiers. Perhaps, it wasn't divine intention and just...
