DTI, Jollibee partner to promote locally made products
THE DEPARTMENT of Trade and Industry (DTI) and Jollibee Foods Corp. partnered on June 24 for a campaign that seeks to promote locally manufactured goods.
How PSEi member stocks performed — June 27, 2022
Here’s a quick glance at how PSEi stocks fared on Monday, June 27, 2022.
SEC warns public vs investing in three entities
THE Securities and Exchange Commission (SEC) has warned the public against investing in three unregistered entities that are not authorized to solicit investments.
Petroleum firms continue talks with DoE on exploration in WPS
TALKS continue between Philippine companies holding exploration service contracts with the government and the Energy department after the termination of joint oil and gas negotiations with China, the agency said over the weekend.
SEC joins global group ANNA to boost local market’s security
THE Securities and Exchange Commission (SEC) said it recently secured membership as a partner in the Association of National Numbering Agencies (ANNA), a global association that seeks to foster standardization within the financial industry.
NorthWind cleared to build power transmission facility
NORTHWIND Power Development Corp. has secured regulatory approval to build a point-to-point energy transmission facility that will connect its 51.9-megawatt (MW) Bangui Bay wind farm to the Luzon grid.
Profit-taking drags Meralco as inflation, recession fears persist
INVESTORS took profit in Manila Electric Co. (Meralco) last week after it was dragged by the stock market’s performance, which sank near the 6,000 level as soaring inflation and recession fears persisted.
How PSEi member stocks performed — June 24, 2022
Here’s a quick glance at how PSEi stocks fared on Friday, June 24, 2022.
Power users in contiguous areas set to enjoy lower rates
ENTITIES within a contiguous area whose electricity demand peaked at a total monthly average of at least 500 kilowatts (kW) for the past year can group together and enjoy lower power rates starting on Dec. 26, 2022, when retail aggregation rules take effect.
Filinvest Land raises P11.9B in oversubscribed bonds
PROPERTY developer Filinvest Land, Inc. (FLI) announced on Thursday that it successfully raised P11.9 billion, which will be used to partially finance its capital expenditure program and refinance maturing debt.
Bain & Co. opens first physical office in Philippines
GLOBAL management consulting firm Bain & Co. announced the opening of its first physical office in the Philippines as part of its efforts to bring its services closer to clients.
Maynilad studies treated used water for drinking
MAYNILAD Water Services, Inc. is studying whether used water can be purified to make it potable, it said on Thursday, citing successful projects in Singapore, South Africa, Namibia, and the United States.