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Electronic games drive Philippine gaming industry revenue higher in 1Q—Pagcor data

The Philippine Amusements and Gaming Corp., the government-owned corporation in charge of licensing games of chance, appears to have made a good bet in allowing the expansion of electronic games, which mainly includes eCasinos and sports betting.

Luzon, Visayas under yellow alert another time Monday

Luzon and the Visayas on Monday were placed under yellow alert beginning 8 a.m. as 46 power plants were on forced outage or compelled to de-rate, resulting to capacity loss of 2,594.2 megawatts.

Nexgen raising P579.6 million via IPO

Nexgen Energy Corp., a renewable energy developer focused on wind and solar energy, plans generating as much as P579.6 million from a proposed initial public offering (IPO) at the Philippine Stock Exchange. 

Farm group hails reverted PCIC status as DA rather than DOF agency

The Federation of Free Farmers (FFF) on Monday expressed support for the issuance of Executive Order 60 by President Ferdinand Marcos Jr. reinstating the Philippine Crop Insurance Corp. (PCIC) as an attached agency of the Department of Agriculture (DA).

PLDT, employees at odds over the start of CBA negotiations

PLDT management and its unionized employees, the Manggagawa sa Komunikasyon ng Pilipinas (MKP), on Monday argue back and forth over how soon the start of contract negotiations begin.

Just in

PITX sees 1.89 million passengers for Undas travel period

The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.

SEC rolls out new market making rules to boost liquidity, align with global standards

The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.

Hydropower developers call for stronger government support, clear roadmap to unlock sector potential

Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.

Analysts see sustained long-term growth for Mynt ahead of stock market debut

FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
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