Colonel Ramon Zagala, the current spokesperson of the Armed Forces of the Philippines (AFP), will soon head the next commander of the Presidential Security Group (PSG) that will be tasked to ensure the safety and security of President-elect Ferdinand Marcos Jr. and his family. Col. Ramon Zagala...
VistaREIT Inc. (VREIT), the commercial real estate investment trust of integrated property developer Vista Land & Lifescapes Inc., has successfully listed its shares on the Philippine Stock Exchange. The firm’s share price closed at its initial public offering price of P1.75 per share despite...
All eyes are on Vice President-elect Sara Duterte as she takes oath before Supreme Court Justice Ramon Paul Hernando this weekend in her hometown of Davao City to become the country’s 15th vice president. Vice President-elect Sara Duterte-Carpio (Photo from Lakas-CMD Media) Duterte said she chose...
Diversified conglomerate San Miguel Corp. (SMC) is optimistic that its growth will be much stronger this year compared to 2021 on the back of the improvements in the Covid situation. “With lesser lockdown and (now being) more knowledgeable about the Covid problem, I think the company with...
The Philippine Stock Exchange’s plan to shut down its unified trading floor, just after a few years in operation, signals the end of an era for the institution that has been steeped in its traditions. In a memorandum to all trading participants, PSE President Ramon S. Monzon said “the Exchange,...
The Philippines and the United Arab Emirates (UAE) signed an investment promotion and protection agreement (IPPA) this week to boost bilateral investments between the two countries, the Department of Foreign Affairs (DFA) said. Philippine Ambassador to the United Arab Emirates Hjayceelyn Quintana,...
The Philippine Stock Exchange (PSE) reported that the number of online stock market accounts in the Philippines has breached the one million mark in 2021. In its annual stock market investor profile (SMIP) report, the PSE said online investor accounts grew by 23.8 percent year-on-year to 1,159,034...
Renewable energy producer Raslag Corporation has successfully listed its shares are the Philippine Stock Exchange following its P700 million initial public offering. Raslag shares opened at its high of P2.48 per share before slowly declining to its closing price of P2.05 per share, 2.5 percent...
Downtown Davao City and neighboring areas are ready for the inauguration of Vice President-elect Sara Duterte on June 19, her spokesperson said on Saturday, June 4. Vice President-elect Sara Duterte-Carpio (Photo from Lakas-CMD Media) Liloan Mayor Christina Frasco shared that the inauguration will...
EDITORS DESK Ramon Bonilla As President Duterte marches out of Malacañang in less than a month, it is worth noting that for the past six years he had delivered his promises for the athletes. Name it — from spanking new stadiums, eye-dropping budget for training and international exposures, and...
While grappling with rising raw material costs in all divisions, San Miguel Food and Beverage Inc. expects its beer and spirits businesses to continue to recover as the economy reopens. “We are almost half-way through 2022 and many macro uncertainties have emerged including accelerating inflation...
The Philippine Stock Exchange, Inc. (PSE) has approved the initial public offering of VistaREIT, Inc., the real estate investment trust of the Villar group, worth up to P9.18 billion to be conducted from May 30 to June 3, 2022. In a statement, the bourse said VistaREIT The company is expected to...
