Secretary Ramon M. Lopez Department of Trade and Industry (Photo from Mark Ches Ang) As another year unfolds, we make a list of things we want to achieve and resolutions we promise to keep — from living a healthier life to spending more time with our loved ones. Why not include a commitment to...
Figaro Coffee Group, Inc. (FCG) successfully listed its shares at the Philippine Stock Exchange with its share price closing a notch higher at P0.77 apiece from its initial public offering price of P0.75 per share. FCG’s share price hit a high of P0.89 intraday, up 18.7 percent from its IPO price...
San Miguel Corporation (SMC) is ramping up its clean-up of the Tullahan-Tinajeros river system and the Pasig River which will cost it about P3 billion. In a statement, the diversified conglomerate said it is eyeing to remove a total of 1 million tons of silt and solid waste from the...
The inter-agency Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives to a P10-billion cement manufacturing project of San Miguel Equity Investments, Inc., the Department of Finance (DOF) announced. In a statement, the DOF said on Monday, Jan. 17, that the FIRB, upon the...
Residential developer Haus Talk, Inc. (HTI) marked its successful debut at the Philippine Stock Exchange’s Small, Medium and Emerging (SME) Board with its share price closing 10 centavos or 6.67 percent higher at P1.60 apiece. 59732 During its initial trading day, HTI shares ranged from a low of...
San Miguel Corporation (SMC) announced that it has so far donated food and water amounting to over P35 million as its response efforts for provinces hit by typhoon Odette continues. This comes as fuel subsidiary Petron Corporation has managed to restore full operations to most of its damaged...
The Philippine Stock Exchange announced that it will be reverting to shortened trading hours starting Friday, Jan. 14, 2022, “in view of the surge in COVID-19 cases caused by the Omicron variant.” In a circular, PSE President Ramon S. Monzon said the bourse will have shortened trading hours...
The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
San Miguel Corp. (SMC) has expanded its coastal clean-up drive to Calatagan and Balayan in Batangas, even as it prepares to start cleaning up the heavily-polluted Marilao-Meycauayan-Obando river system (MMORS) in Bulacan. In a statement, SMC said a total of 1,340 bags full of garbage were initially...
The Philippine Stock Exchange has cancelled trading for Tuesday, Jan. 3, after failing to resolve a technical issue that prevented 43 brokers from connecting to the bourse’s trading system. The PSE initially announced a delay in market opening “due to a technical issue that is currently being...
The New Year is upon us. On the crystal surface of the champagne we drank on New Year’s Eve, have we seen enough of ourselves to help us kick old habits, strengthen parts of us that had been weak, turn a new leaf, hug our enemies, and keep abusive, toxic people we loved at a distance? But...
The Philippine stock market benchmark index PSEi plunged 2.89 percent on the last trading day of 2021 to 7,122.63. This drop pulled the index to slightly lower than its 7,139.71 close in 2020 when the market was also reeling from the impact of the pandemic. The All Shares index shed 10.6 percent...
