ABS-CBN Corporation, the country’s leading content provider, reported that its most popular programs are now streaming live and on-demand across Europe, Australia, and New Zealand via Kapamilya Online Live on its YouTube channel. The firm said Kapamilya Online Live’s Philippine livestream is...
The local stock market continues to recover lost ground as funds rebalance their portfolios while some investors buy up cheaper stocks. The main index rose 30.05 points or 0.49 percent to close at 6,172.84 with the advance led by Conglomerates although Miners were left behind. Volume jumped...
DMCI Mining Corporation expects to surpass its 2022 nickel ore production and shipments after recording notable improvements in the first semester, even as it expects two new mines in Zambales with combined investments of over P500 million to start operations within a year. In an interview, DMCI...
Philippine Rating Services Corporation (PhilRatings) has assigned its highest Issue Credit Rating of PRS Aaa to Filinvest Land Inc.’s planned bond issuance of up to P12 billion. FLI is planning a P10 billion bond issuance, with an oversubscription option of up to P2 billion. The bonds were...
This week, the local stock market is seen to be swayed by quarter’s end window dressing, the changes in the stock exchange indices, and the confidence survey results recently released by the Bangko Sentral ng PIlipinas (BSP). “The local market was able to post gains last week amid a rebound...
The mining sector wishes that the government will set up a one-stop shop for the securing of permits needed to develop mineral resources in the country—similar to the one put up by the Department of Energy (DOE). “Of course, we’d love to have streamlined permits. I think DOE is setting the...
The Philippine Health Insurance Corporation (PhilHealth) Management on Saturday, Sept. 23, released an update on the the temporary downtime in its system and assured the public that this will be restored at the "soonest possible" time. Photo credit to PhilHealth "We are working to restore...
Food manufacturer Monde Nissin Corporation has elected former PLDT Chief Financial Officer (CFO) Anabelle L. Chua as Independent Director to replace Romeo L. Bernardo who resigned upon appointment to the Monetary Board of the Bangko Sentral ng Pilipinas. In a disclosure to the Philippine Stock...
The local stock market rose further after both US and Philippine policy interest rates were left unchanged by the central banks of the two countries. The main index added 48.08 points or 0.79 percent to close at 6,142.79 with Conglomerates leading all sectors forward. Volume declined to 1.09...
Concepcion Industrial Corporation (CIC), a leading provider of consumer lifestyle and building and industrial solutions in the Philippines, has named Isaias Ariel Fermin as Chief Executive Officer after his resignation as President of Max’s Group Inc. took effect at the end of last month....
PetroSolar Corporation (PSC), which is a subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC), has cemented a power supply agreement (PSA) with Shell Energy Philippines Inc. for a capacity delivery that shall be drawn from the former’s 20-megawatt Tarlac-2 solar farm that is sited at...
Razon-led MORE Electric and Power Corporation is expanding the base of its customers that have been availing of refund for their bill deposits, in compliance with the mandate of the Energy Regulatory Commission. In a statement to the media, MORE Power indicated that at least 175 customers already...
