Filinvest ready to absorb unsold EastWest shares
Filinvest Development Corp. (FDC) is prepared to absorb shares left unsold in East West Banking Corp.'s planned P9-billion stock rights offering to preserve…
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Filinvest Development Corp. (FDC) is prepared to absorb shares left unsold in East West Banking Corp.'s planned P9-billion stock rights offering to preserve…
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PetroEnergy Resources Corp. (PERC) is cutting its direct stake in wind energy unit PetroWind Energy Inc. (PWEI) to 25 percent from 60 percent under a proposed…
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The Light Rail Manila Corp. (LRMC) has addressed a leak aboard one of its fourth-generation LRT-1 train sets that it said was caused by a defective…
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Mindanao is being positioned as a key driver of the Philippines’ next phase of economic growth, with the government urging businesses to invest in…
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The P85 minimum wage hike in the National Capital Region (NCR) may add to already elevated headline inflation, Bank of the Philippine Islands Lead Economist…
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If there is one thing that the First Lady is proud of Gwyn Dorado for, it’s for bringing pride to the country, urging the Pinay singing sensation to continue…
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The Visayas grid was placed under red alert for the 22nd time this year on Wednesday as available power supply fell short of projected peak demand amid…
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Citicore Holdings Investment Inc. (CHII) has built a nearly P1-billion direct position in Citicore Renewable Energy Corp. (CREC) after acquiring more than 211…
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Moody’s Ratings has affirmed the Philippines’ Baa2 investment-grade credit rating and maintained its stable outlook, citing the resilience of the country’s…
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Department of Health (DoH) Secretary Edwin Mercado said Tuesday that state-run hospitals in Metro Manila have up to 42 beds currently available for…
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Motorists face another round of higher pump prices this week, with regular diesel in Metro Manila potentially reaching nearly P100 per liter as tight global…
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Negros Electric and Power Corp. (NEPC) remains compliant with its allowable system loss ceiling, clearing the company of an earlier regulatory finding that it…
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Philippine Amusement and Gaming Corp. (PAGCOR) Chairman Alejandro Tengco said the agency’s monthly remittances to the Philippine Sports Commission (PSC) could…
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The Ninoy Aquino International Airport (NAIA) Terminal 1 will experience brief power interruptions on 24 and 26 August as scheduled preventive maintenance is…
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The administration of President Ferdinand Marcos Jr. is mounting an "all-out" effort to address urban flooding and improper waste disposal through expanded…
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TAIPEI, Taiwan — Taiwan is increasingly turning to the Philippines as a strategic link in “non-China” supply chains, with Taiwanese investment in the country…
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