The International Volleyball Federation (FIVB) officially recognized the Philippine National Volleyball Federation Inc. (PNVFI) as its member during the 37 th World Volleyball Congress held online late Sunday. One hundred and fifty five national federations approved the PNVFI’s recognition...
After making huge gains last week, investors are seen to test the stock market’s strength this week amid concern over the new COVID-19 variant on one side and vaccine roll-out news and the passage of the corporate recovery bill on the other. “Next week, the local market is seen to move sideways...
Greenergy Holdings Inc., the listed holding firm of businessman Antonio Tiu, is optimistic after the Australian government's recent landmark decision allowing over the counter sale of CBD or cannabidiol oil. This bodes well for Greenergy which last year acquired a 50 percent stake in the...
Listed sugar and ethanol producer Roxas Holdings, Inc. reported a higher net loss of P240 million for the first quarter of its fiscal year ending in September 30, 2021 from a net loss of P36 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this...
The Department of Agriculture (DA) will not withdraw its proposal for tariff reduction on pork and rice imports despite the growing number of groups – including farmers, raisers, advocates – opposing such a move. When asked if he will consider the possibility of withdrawing DA’s proposal,...
The Ayala group of companies bagged top accolades at the 2019 ASEAN Corporate Governance Scorecard Awards held by the Securities and Exchange Commission and the Institute of Corporate Directors. Ayala Corporation, Bank of the Philippine Islands, Ayala Land, Inc., and Globe Telecom were hailed ASEAN...
Australian-Canadian miner OceanaGold Corporation (OceanaGold) and the Philippine government are now finalizing the terms of their updated Financial and Technical Assistance Agreement (FTAA) for the resumption of the operations of the Didipio gold and copper mine in Nueva Vizcaya. In a regulatory...
When the pandemic took hold in 2020, many automotive companies struggled to continue communications with their customers. The lockdown had forced many showrooms to close, disrupting the way car companies do business. Realizing the value of digitalization early on can be a boon, particularly when...
Malacanang has approved Philstar Marketing Development, Inc. as developer/operator of the first pharmaceutical special economic zone in the country called First Bulacan Business Park (FBBP) with a project cost of P570.586 million. President Rodrigo Duterte issued Proclamation No. 1070...
The Ayala-owned ACE Enexor Inc., an upstream oil and gas investment subsidiary, has announced its formal withdrawal from Service Contract (SC) 6, which is a petroleum exploration block in Northwest Palawan. A disclosure to the...
Wireless services provider Smart Communications, Inc. (Smart), together with the Department of Agriculture's (DA) Agricultural Training Institute (ATI), has provided a free and extensive online learning course on farming basics. This, according to Smart, should help more Filipino farmers...
A consumer group has called for “pork holiday” in protest of the high prices of pork in the local market and amid the inability of government and industry players to stop prices from rising.. MB file (Photo by Keith Bacongco) In a statement, Laban Konsyumer Inc. issued a challenge to consumers...
