Tokai eyes further 10% stake in Repower Energy; may trigger tender offer
Repower Energy Development Corp. said Thursday that Japanese firm Tokai Corp. has expressed the intention to acquire another 10 percent of the listed renewable energy company.
Globe changes dividend policy; may declare up to 90% of core profit
Globe Telecom Inc. said it widened the range of prior year’s core net income that it could declare as dividend to shareholders, signaling a significant reduction in capital expenditure spending in the coming years.
Philippines jobless rate ease to 3.1% in December; services lead the way
Unemployment rate in the country eased to 3.1 percent in December, its lowest rate in 2023.
GSIS non-life insurance premiums reach P9.8 B in 2023
The Government Service Insurance System reported P9.8 billion in gross premiums written (GPW) by its non-life insurance business in 2023, a record high in the history of the GSIS.
Landslide at Davao de Oro gold mine limits operations
Listed mining firm, Apex Mining Co. Inc. said a landslide at Barangay Masara, Maco, Davao De Oro Tuesday night has limited operations at the mines as rescue operations are underway.
