CORPORATE

SEC approves Balai ni Fruitas’ P309-million IPO

THE Securities and Exchange Commission (SEC) on Wednesday announced that it approved the initial public offering (IPO) of Balai ni Fruitas, Inc. for up to P309.38 million.

LATEST NEWS

ADVERTISEMENT

DoTr gearing up for arbitration after rejection of LRT-1 fare hike

THE Department of Transportation (DoTr) is gearing up for arbitration after Light Rail Manila Corp. (LRMC), the private operator of Light Rail Transit Line 1 (LRT-1), was not granted a fare hike, an undersecretary said on Wednesday.

STOCK MARKET

PHILIPPINE SHARES corrected on Wednesday, tracking Asian markets, even as concerns over rate hikes and the global economy’s prospect continued to affect sentiment.

BANKING AND FINANCE

Yields on BSP’s term deposits rise after rate hike

YIELDS on the term deposits of the central bank climbed on Wednesday after the regulator raised benchmark interest rates last week and on lingering inflation concerns here and abroad.
ADVERTISEMENT

THE NATION

LABOR

PROPERTY

WORLD NEWS

TECH NEWS

OPINION

Electric highway

Imagine all the tollways from Rosario, La Union in the north all the way to Batangas City in the south being peppered with more “pumping” stations. But, instead of selling gasoline or diesel fuel, these stations cater to motorists that need to plug in and recharge their electric vehicles. And, as they wait, motorists can dine or shop in any of the station’s numerous establishments.

INFOGRAPHICS

HEALTH

SPOTLIGHT

Shakey’s announces annual stockholders’ meeting on June 20 via remote communication

Notice of Annual Stockholders’ Meeting Notice is hereby given that the Annual Stockholders Meeting will be held on Monday, June 20, 2022 at 8:30 in...

SPECIAL FEATURES

ESG’s emerging influence in PHL business

The year 2021 was considered the “year of ESG (environmental, social, and corporate governance) investing.” As Reuters reported last year, independent fund performance data...

SPECIAL REPORTS

Energy sector in transition: A rebalancing act

COAL-FIRED power plant companies in the Philippines have, in recent months, declared plans to rebalance their portfolio into one that has a growing share of renewables in the mix.
ADVERTISEMENT

ARTS & LEISURE

Ecotourism is picking up in Philippine national parks

“CLIENTS are the lifeblood of a mountain.”

VELOCITY

Who’s on first?

FOR MITSUBISHI Motors Philippines Corp. (MMPC), the numbers do the talking. Across more than 70 countries, 430,000 units of the Xpander have been sold. Since debuting in 2018 in the Philippines, more than 60,000 garages now have a unit of the multipurpose vehicle (or MPV).

SPORTS

SBP apologizes for Gilas’ awful Vietnam SEA Games campaign

AN APOLOGETIC Samahang Basketbol ng Pilipinas (SBP) owned up to Gilas Pilipinas’ disastrous campaign in the 31st Southeast Asian Games (SEAG) in Vietnam and vowed to right the ship moving forward.

VIDEOS