Migrant Filipino workers’ cash remittance in Nov at $2.7B, up 2.8%
Filipinos working overseas sent back to the Philippines in November USD2.7 billion in cash, up 2.8 percent from the USD2.6 billion remitted in the year-earlier period, data from the Bangko Sentral ng Pilipinas said Tuesday.
Stockbrokers rule out SM unit, Prime Infra IPO this year
Investors can reasonably expect capital-raising activities from five or six companies going public this year but none of them present the kind of excitement seen generated by the planned initial public offering of SM Group’s real estate investment trust (REIT) unit and Enrique Razon’s Prime Infrastructure Inc., stockbroker Abacus Securities Corp. said.
‘Government has forgotten agrarian reform strictures in leasing large tracts of government land’
The Federation of Free Farmers (FFF) reminded government on Monday to apply the principles of agrarian reform and commit to their just distribution when disposing of government-held or owned lands for development by private sector parties.
PAL acknowledges global headwinds but mostly sanguine of 2024 prospects
The Philippine Airlines (PAL) on Monday bared a sanguine view on growth this year no matter the economic headwinds in global markets and their impact on travel and leisure activities.
Gatchalian rues slowpoke implementation of EVOSS program
Senator Sherwin Gatchalian on Monday called on the Department of Energy to pursue to the fullest extent the terms of the Energy Virtual One-Stop Shop (EVOSS) program to attract as much renewable energy (RE) investors as may be interested in the Philippines.
