SMPC declares regular, special cash dividends; eligible shareholders to receive P3.50/share
In a special meeting held today, the board of directors of Semirara Mining and Power Corporation approved a regular cash dividend of P1.50 per share and a special cash dividend of P2.00 per share, which amounts to P3.50 per share.
Finance chief wants lower GDP growth target, expects BSP rates to stay “higher for longer”
Finance Secretary Ralph Recto said late Thursday he will recommend a downgrade of the economic growth targets to the interagency Development Budget Coordination Committee, seeking to ease pressure on government finances amid geopolitical concerns and inflationary pressure that would keep interests rates "higher for longer.”
GT Capital earnings in 2023 driven by bank, car sales, property units
GT Capital Holdings, Inc., the listed investment holding company of the Ty Group, said Friday it consolidated net income last year surged 57 percent to P28.7 billion, driven mainly by its banking, car sales and property units.
China-funded Kaliwa Dam now 30 percent complete
The construction of the Kaliwa Dam in the provinces of Rizal and Quezon is now 30 percent complete, according to the Metropolitan Waterworks and Sewerage System (MWSS).
DA orders transfer of suspended warehousemen’s authority
The Department of Agriculture has ordered the transfer of authority of suspended NFA warehousemen to their deputies to facilitate the reopening of closed NFA warehouses.
