Cirtek Holdings Philippines Corporation, through its semiconductor arm Cirtek Electronics Corporation (CEC), continues its collaboration with customers to develop expansion plans to address the global chip shortage that the industry is experiencing. 16427 As quoted from the Integrated Circuit (IC)...
Food and beverage company RFM Corporation reported that its Board of Directors has approved a cash dividend of P417 million or P0.1237 per share payable on August 9, 2021 with record date as of July 14, 2021. In a disclosure to the Philippine Stock Exchange, the firm said its total dividend for...
San Miguel Corporation’s food unit San Miguel Foods has launched its Community micro-enterprises program which offers enterprising Filipinos the chance to start their own small business during the pandemic. The move will also allow these micro-entrepreneurs to contribute to economic recovery by...
The local stock market dropped after approaching the 7,000 resistance level as investors chose to pocket gains rather than push up share prices. PH STOCKS The main index lost 54.74 points or 0.79 percent to close at 6,901.91 as the Property sector led the retrear although sub-indices were evenly...
Rockwell Land Corporation is launching more projects as it expects earnings in the first half of 2021 to already exceed net income for the entire 2020 of P1.08 billion on the back of a strong recovery in its residential business. During the firm’s annual stockholders’ meeting, Rockwell Chairman...
The Light Rail Manila Corporation (LRMC), operator of the Light Rail Transit Line 1 (LRT-1), has partnered with motorcycle taxi firm Angkas to provide exclusive fare discounts for their passengers. AT YOUR SERVICE--Angkas riders are seen parked on June 30, 2021 at an LRT-1 station along Taft Avenue...
The Philippine Stock Exchange has approved Cirtek Holdings Philippines Corporation’s planned stock rights offering with bonus detachable warrants that will raise a total of P2.74 billion. Cirtek has set the final offer price at P5.50 per entitlement right and final exercise price at P 5.50 for...
Philippine Fisheries Development Authority (PFDA) and Philippine National Oil Company Renewables Corporation (PNOC RC) are eyeing potential partnerships in renewable energy (RE). This move should help PFDA, an attached agency to the Department of Agriculture (DA), conserve energy within the fish...
The office rental rates in Metro Clark in Pampanga will slightly go down next year amid the expected turnover of 280,000 square meters (sqm) of new spaces, an official from the real estate consultancy firm JLL Philippines said. In a virtual briefing on Tuesday, Ian Perez, director for capital...
The local stock market recovered the previous losses as it continues to move sideways due to a lack of fresh leads. The main index rose 18.69 points or 0.27 percent to close at 6,956.65 as Banks led the advance with only the Property and Industrial counters retreating. Volume remained thin with...
Government micro lending arm Small Business Corporation (SB Corp) has expanded its interest-free and collateral free loan facility to the truckers industry to help the logistics sector recover from the debilitating impact of the pandemic. The project was sealed with the signing of a Memorandum of...
San Miguel Corporation (SMC) has converted its new, state-of-the-art sports facility called SMC Sports Complex into a vaccination site for the conglomerate’s thousands of employees, essential workers and extended workforce. In a statement, SMC said the facility is meant to be the future home for...
