Energy Secretary Alfonso G. Cusi defended the seemingly ‘negligible’ $50 million capital requirement for foreign firms entering the Philippine geothermal sector saying the figure was the scale determined by the government for prospective investment areas on offer....
The stock market ended lower on the last trading day of the week on concerns over damages wrought by Typhoon Ulysses. The Philippine Stock Exchange index (PSEi) dropped 54.38 points, or 0.77 percent, to close at 6,969.88 with only the Property and Mining & Oil counters in the green....
Alliance Global Group, Inc. (AGI), the holding company of tycoon Andrew Tan, reported a 55 percent drop in attributable net income to P5.8 billion in the first nine months of 2020 from P12.8-billion in the same period last year. In a disclosure to the Philippine Stock Exchange the firm said...
The Philippines moved up a notch to 48th in the latest global talent ranking where the country was shown scoring the worst performance in most subfactors related to investments and development in the education sector. Now on its 7th edition, the annual Talent Ranking Report 2020 by the Institute...
In the midst of a pandemic that halted most business activity for months, 21 Filipino companies managed to maintain their sustainability initiatives and win at the recent Asia Corporate Excellence & Sustainability (ACES) Awards. In awarding ceremonies held online last 10 November, 21 companies...
Lopez-led First Gen Corporation has posted 12-percent decline in earnings to P9.6 billion (US$190 million) in the three quarters of this year vis-à-vis heftier profitability of P11.3 billion (US$217 million) in the same period last year. Within the January-September period, the company noted that...
The local stock market surged past the 7,000 level as investors celebrated positive reports on breakthrough in COVID-19 vaccines. The Philippine Stock Exchange index (PSEi) leaped 349.63 points, or 5.23 percent ,to close at 7,035.48 as share prices rose across the board with the Holding Firms...
Jarvey Gayoso, 14, is congratulated by Christian Rontini after scoring a penalty kick in the Azkals Development Team's 2-0 victory over Stallion-Laguna in their PFL match at the PFF Naitonal Training Center in Carmona, Cavite. (Photo from PFL) The Azkals Development Team ended its maiden campaign...
Jarvey Gayoso of the Azkals Development Team fights for the ball against a Maharlika defender during their PFL match Friday night. (Photo from PFL) The Azkals Development Team capitalized on a questionable penalty in the second half to beat Maharlika-Manila, 5-0, Friday night in the Philippines...
Stephan Schrock of United City moves the ball away from the defenders of Maharlika. (Photo from PFL) United City FC tries to move one step away from clinching the title while Kaya-Iloilo is determined to keep the race interesting when they face separate rivals on Friday in the Philippines Football...
Jarvey Gayoso (left) of the Azkals Development Team (Photo from PFL) Jarvey Gayoso may have convinced coach Scott Cooper of possibly moving him back to his natural role as striker following a Man of the Match performance in the Azkals Development Team’s victory over Mendiola FC 1991. Playing left...
The local stock market surged at the start of the US elections as investors look forward to an end in the guessing game over who will lead the world’s most influential economy in the next four years. The PSEi rose 128.49 points or 2.03 percent to close at 6,464.05 as share prices rose...
