THE Securities and Exchange Commission (SEC) has “considered favorably” the initial public offering (IPO) of food manufacturer Monde Nissin Corp, the corporate regulator said in a statement on Tuesday. “The commission en banc resolved to render effective the registration statement of Monde Nissin covering 17,968,611,496 common shares to be listed and traded on the Main […]Read More

GLOBE.COM.PH GLOBE Telecom, Inc. said on Tuesday the number of new cell sites it built from January to March this year increased by 152% to 318 from 126 in the same period last year. The Ayala-led telco issued the update during its annual stockholders’ meeting yesterday. Fourth-generation (4G) LTE and fifth-generation (5G) builds reached 7,065 […]Read More

GONE ARE THE DAYS WHEN A WOMAN WAS LIMITED BY SOCIAL NORMS TO BEing responsible for the household, making it difficult to earn a position of leadership in the workplace, and being expected to eventually settle down and put her career on hold or stop entirely. Today, she takes charge of achieving her goals and […]Read More

BELLECORP.COM LESSOR and City of Dreams Manila co-licensee Belle Corp. reported a net income of P891.7 million last year, declining nearly 70% from P2.92 billion previously due to pandemic restrictions and the Taal volcano eruption. “Belle’s positive operating result for 2020 was achieved in spite of economic headwinds caused by the COVID-19 (coronavirus disease 2019) […]Read More

10 Days of Art JUST because there is a pandemic does not mean that there can’t be an art fair. Art Fair Philippines normally includes exhibition areas that stretch out through four floors of a Makati carpark, with space for workshops and talks, and outdoor spaces for installations — and all of that will be […]Read More

BW FILE PHOTO PETRON Corp. has completed the issuance of $550-million undated unsubordinated capital securities, the Ramon S. Ang-led oil company said on Tuesday, adding that these will be listed in Singapore. In a disclosure to the local bourse, Petron said that it expects to list the securities on the Singapore Exchange Securities Trading Ltd. […]Read More

LIBERTY FLOUR Mills, Inc. posted a net income last year of P192.43 million, surging by 126% from the previous year, on the back of higher sales volume during pandemic lockdown period. The listed company said in a stock exchange disclosure on Tuesday that its total revenues in 2020 reached P1.35 billion, higher by 42.4% than […]Read More

THE PESO strengthened against the greenback on Tuesday following the announcement of the government’s euro-denominated bond offer. The local unit closed at P48.32 per dollar on Tuesday, appreciating by three centavos from its P48.35 finish on Monday, data from the Bankers Association of the Philippines showed. The local unit opened the session at P48.33 per […]Read More

LOCAL shares closed in the green on Tuesday as investors went bargain hunting amid progress in the country’s coronavirus disease 2019 (COVID-19) vaccinations and the peso’s strength versus the dollar. The benchmark Philippine Stock Exchange index (PSEi) went up by 40.66 points or 0.62% to close at 6,500.42 on Tuesday, while the broader all shares […]Read More

IMPORTED CAR sales nearly doubled in March after coming off a weak year-earlier base, with March 2020 marking the start of that year’s lockdown, the industry association said. In a report Tuesday, the Association of Vehicle Importers and Distributors, Inc. (AVID) said its 21 members carrying 26 global brands sold 5,193 units in March, up […]Read More