Vice President Leni Robredo said on Sunday, May 23, she is very open to making an infomercial with President Duterte encouraging Filipinos to get their COVID-19 jabs, noting that her own office has come up with programs to boost public confidence in vaccines. VP Leni Robredo (Facebook/Manila...
The Department of the Interior and Local Government (DILG) was elated over the increase in the vaccine confidence level of the Filipinos for the coronavirus disease (COVID-19) based on the Social Weather Station (SWS) survey. From only 32 percent last year, DILG Undersecretary Jonathan Malaya said...
The local stock market is seen to move sideways this week as the previous week’s trading shows that investors are not allowing the PSEi to drop too low while not having enough confidence to buy up share prices. “For trend watchers, the best case is for a sideways drift to appear in the next...
Six Philippine companies, led by the Sy family’s SM Investments Corporation and BDO Unibank, made it to Forbes Magazine’s 19th annual Global 2000 list. The list is an international ranking of the world's biggest, most-powerful and most-valuable companies based on an analysis of four metrics:...
President Duterte is unlikely to get impeached from office over his policies on the West Philippine Sea, Malacañang asserted Monday. President Rodrigo Duterte (Malacañang photo) Presidential spokesman Harry Roque has rejected allegations made by former Supreme Court Justice Antonio Carpio...
Metropolitan Bank & Trust Company (Metrobank) has launched its P10 billion Peso-denominated SEC registration-exempt fixed-rate bond offering with the option to upsize. In a disclosure to the Philippine Stock Exchange, the bank said its bonds will have a tenor of five and a quarter (5.25) years...
Farmers want representation in the Coco Levy’s Trust Fund Management Committee, which is the legally mandated committee tasked to decide on the disposition of the P100-billion worth of coco levy fund and assets. In a statement, the Federation of Free Farmers (FFF) called on the Duterte...
GT Capital Holdings, Inc., the flagship of the Ty family, reported a 53 percent drop in core net income to P7.4 billion last year from the P15.8 billion earned in 2019. In a disclosure to the Philippine Stock Exchange, the firm said consolidated net income reached P6.5 billion last year, 68...
ORIX METRO Leasing and Finance Corporation (ORIX METRO), a unit of the Metrobank Group, was assigned a high issuer credit rating of PRS Aa plus (corp.)with a Stable outlook by Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aa (corp.) differs from the highest rated...
The Securities and Exchange Commission (SEC) has approved the P14.71 billion initial public offering (IPO) of DoubleDragon Properties Corporation’s real estate investment trust (REIT). The SEC En Banc resolved to render effective the registration statement of DDMP REIT, Inc. for 17.83 billion...
Multisectoral groups, comprising of 51 largest and widely-represented private sector associations, have urged for the immediate enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill to boost market confidence, save jobs and provide instant relief to businesses’...
Banks’ trust assets were up 6.20 percent as of end-third quarter 2020 to P3.048 trillion from P2.870 trillion same period in 2019 with most preferring to be liquid and opting for safer investments during the pandemic. Based on data from the Bangko Sentral ng Pilipinas (BSP), the 28 financial...
