The board of directors of First Gen Corporation approved the declaration of cash dividends on array of its preferred shares that shall be paid to its shareholders by January next year. The company, in its disclosure to the Philippine Stock Exchange (PSE), stated that it will extend cash dividend of...
The Asian Development Bank (ADB) downgraded its growth forecast for the Philippines as the nation struggled in containing the coronavirus outbreak that hampered economic recovery. Based on ADB’s Asian Development Outlook update, the Manila-based multilateral institution has projected that the...
The Philippines and Hungary signed three memorandum of understanding and agreed to push further bilateral economic relations with targeted sectors for cooperation, particularly startups, at the recent Second Session of the Philippine-Hungarian Joint Commission on Economic Cooperation held in Makati...
Photo courtesy of Rica Peralejo/Instagram When you were getting ready to be a first-time parent, you might have read one or two pregnancy and baby books and maybe even took a couple of classes to prepare for the arrival of your little bundle of joy. But what happens after the first year of life...
Jarvey Gayoso is close to signing a deal to play for one of Thailand’s top clubs following an impressive professional debut in the recent Philippines Football League season. The Azkals Development Team announced Saturday that Gayoso is finalizing a move to Muangthong United, a four-time winner in...
The local stock market managed to sustain the previous day’s rally despite a weak start as investors continued to buy up shares. The main index rose 71.06 points or 1.01 percent to close at 7,080.62 with only the Services and Mining and Oil counters retreating. Volume eased to 3.9...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
Real estate giant SM Development Corporation (SMDC) brought home several awards at the 8th PropertyGuru Awards, including the most coveted Best Developer—a testament to its standards of excellence in real estate development. The awards ceremony was held virtually Nov. 25. The awards is...
The Department of Finance (DOF) has identified three sources of funds for the procurement of the coronavirus vaccines that will be given to priority sectors. In a report to President Duterte, Finance Secretary Carlos G. Dominguez III said the government would source the P73.2 billion COVID-19...
A week since Typhoon Ulysses hit the country, the Mines and Geosciences Bureau (MGB) has allowed miners to re-align their funds for their respective Social Development and Management Programs (SDMP) to bankroll their typhoon relief efforts. “In the interest of public service and for humanitarian...
Filinvest Development Corporation (FDC), the Gotianun family’s holding firm, reported a three percent improvement in attributable net income to P8.9 billion in the first nine months of 2020 from the P8.6 billion earned in the same period last year. In a disclosure to the Philippine Stock...
The local stock market continued to correct yesterday as investors take profit from the surge in prices last week. The Philippine Stock Exchange index (PSEi) dropped 51.83 points, or 0.74 percent, to close at 6,918.05 with only the Financials and Industrial counters managing to...
