VP case drags on as SC orders recount release
THE SUPREME Court, sitting as the Presidential Electoral Tribunal (PET) on Tuesday, has again deferred a decision on the election protest over the vice presidential post, instead ordering a release of the report on the initial result of recount of ballots.
DILG to continue investigation on ex-police chief
THE DEPARTMENT of Interior and Local Government’s (DILG) probe on possible administrative charges against resigned Philippine National Police (PNP) chief Oscar D. Albayalde will push through, as opposed to Malacañang’s claim.
LANDBANK working with BARMM gov’t for ASAVI workers
THE LANDBANK of the Philippines (LANDBANK) on Tuesday said it is working with the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) government to come up with assistance program for employees affected by the closure of a P3.7-billion banana business venture in Maguindanao.
Cooperatives in taxmen’s sights
THE GOVERNMENT has now turned its sights on nearly 30,000 registered cooperatives as it moves to plug tax leaks, the Finance department (DoF) said in a press release on Monday.
Lifting of bank secrecy ‘possible’ in the Senate
APPROVAL by early next year of the measure that will authorize government to look into bank accounts is “possible,” Senate President Vicente C. Sotto III said on Monday.
Planned higher public float requirement to impact half of listed firms
NEARLY HALF of publicly listed companies are expected to be affected by the doubling of the minimum public float requirement planned by the Securities and Exchange Commission (SEC), the bourse operator has said.
AC Energy, Yoma Strategic eye JV for Myanmar renewable projects
LISTED conglomerate Ayala Corp. said on Monday that its energy company has partnered with Yoma Strategic Holdings Ltd. to jointly explore developing 200 megawatts (MW) of renewable energy projects in Myanmar.
Arthaland plans to issue P6 billion in green bonds
ARTHALAND CORP. said its board of directors has approved its plan to issue P6-billion ASEAN green bonds, or bonds that will finance green projects.
PSE approves delisting of Traveller’s International
TRAVELLER’S International Hotel Group, Inc. (TIHGI) has secured approval from the Philippine Stock Exchange, Inc. (PSE) to delist its shares from the stock market.
Bangko Sentral set to circulate new P20, ‘enhanced’ P5 coins
THE BANGKO SENTRAL ng Pilipinas (BSP) is set to circulate a new version of the five peso coin to address confusion with other New Generation Currency (NGC) coins as well as a new P20 coin.
Bank of Korea likely to cut key rates this week
SEOUL — South Korea’s central bank will likely cut its policy interest rate this week to support slowing economic growth and weak price pressures, a Reuters poll showed.
Manila office rents continue rising
OFFICE rental rates in Metro Manila grew by an average of 12.5% year-on-year during the third quarter of 2019, driven by the completion of more prime office spaces in the period, according to real estate consultancy services firm Cushman & Wakefield (CWK).