Metro Pacific Investments Corporation (MPIC) reported that its planned voluntary delisting will now push through after the bidders have obtained enough shares from a tender offer to bring down the firm’s public float to less than five percent. In a disclosure to the Philippine Stock Exchange...
State-run Government Service Insurance System (GSIS) has made it mandatory for all government agencies to join its program which offers increased credit limits, extended repayment periods, and simplified application requirements. This directive was issued through GSIS Memorandum Circular No. 048,...
The Government Service Insurance System (GSIS) assured that it will not be standing in the way of the planned voluntary delisting of Metro Pacific Investments Corporation (MPIC) as it intends to remain a shareholder of the conglomerate even if it is delisted. In a disclosure, MPIC said it was...
Instead of preparing to divest its stake in Metro Pacific Investments Corporation (MPIC), the Government Service Insurance System (GSIS) has been buying more shares to increase its stake in the conglomerate—enough to derail the management-led tender offer and delisting plan. In a disclosure to...
Parts of Makati, Manila, and Quezon City will experience water disturbance this week, according to East Zone concessionaire Manila Water Co. Inc. Starting Wednesday, Sept. 6 to Friday, Sept. 8, Manila Water will undergo line maintenance activities and strainer declogging in the areas. These service...
Parts of Antipolo City, Cainta, and Jalajala in Rizal Province will experience water service interruption for six to eight hours on Sept. 5 to 7 due to Manila Water’s maintenance works in the affected areas. Manila Water, in its advisory, said that in Antipolo City, starting at 10 p.m. on...
International Container Terminal Services Inc. (ICTSI) reported that its business unit at the Port of Gdynia in Poland, Baltic Container Terminal (BCT), has re-established its direct link to Chinese and Korean ports. The firm said this comes with BCT receiving the first direct call of Mediterranean...
The Anti-Red Tape Authority (ARTA) and the Civil Service Commission (CSC) have signed a memorandum of agreement (MOA) that would ensure the seamless implementation of the Ease of Doing Business (EODB) Act. MOA SIGNING — ARTA director-general Secretary Ernesto Perez and Civil Service...
The Civil Service Commission (CSC) has partnered with various establishments to offer exclusive rates and freebies for civil servants in line with the celebration of the 123rd Philippine Civil Service Anniversary (PCSA). (Photo credit to CSC) “We prepared these special treats as a thank...
CAGAYAN DE ORO CITY – The deaths of two innocent teenagers in the hands of lawmen in Navotas City and Rizal last month could affect the trust rating of the Philippine National Police, said PNP chief Police Gen. Benjamin Acorda Jr. PHILIPPINE National Police (PNP) chief Police Gen....
The Civil Service Commission (CSC) has announced that it will be applying fees regarding requests for the delivery of CSC records and documents through courier services. MB photo In accordance with CSC Resolution No. 2200662, titled “Prescribing the Fee for the Delivery of Requested Civil Service...
A total of 92.41 percent or 345,293 examinees took the Career Service Examination-Pen and Paper Test (CSE-PPT) Professional and Subprofessional levels conducted by the Civil Service Commission (CSC) last Aug. 20, the agency disclosed. Photo courtesy of CSC/MB file photo In a statement, CSC said...