Roxas Holdings sought voluntary suspension on Leandro Leviste’s acquisition plan
Roxas Holdings Inc. on Monday sought the approval of the Philippine Stock Exchange to suspend trading on its shares following comments from businessman Leandro Leviste on an agreement to acquire around 71 percent of the listed company.
Gaisano’s Metro Retail 1Q net income weighed down by narrower margins
Metro Retail Stores Group Inc., the listed retail business of the Gaisano Group, said Monday first-quarter net income dropped 16 percent year-on-year to P50.3 million due mainly to narrower margins brought by lower share to business of general merchandize.
Treasury bill yields lower at Monday’s auction on strong demand
The Bureau of the Treasury saw lower yields at Monday’s auction on strong demand, allowing it to fully award the entire P15 billion offering to government securities eligible dealers.
DA promoting sustainable agriculture to ensure sufficient, affordable food
Agriculture Secretary Francisco P. Tiu Laurel Jr. said Monday the government is promoting sustainable agriculture to ensure sufficient supply of and affordablly-priced food for future generations.
No law vs doctors investing in hospitals, pharma firms – legal medicine expert
A professor of legal medicine on Monday said there is no law prohibiting physicians from owning or investing in private ventures like pharmaceutical and medical device companies, hospitals and diagnostic centers.
