Markets
Safeguard duty seen as lifeline for local cement industry
The proposed safeguard duty on imported cement is drawing strong support from industry and business groups, who claim it will not trigger price hikes but is essential to protecting the local cement industry and jobs.
T-Bill yields fall further amid easing prospect
Philippine Treasury bill yields slipped further at Monday’s auction, as investor sentiment remained buoyed by the Bangko Sentral ng Pilipinas’ recent policy rate cut and growing expectations of more easing ahead.
Intel shares rally on Apple investment talks
Intel shares surged 6.4 percent on Wednesday, closing at USD31.22, following a report from Bloomberg News that the chipmaker has initiated early-stage talks with Apple about a potential investment and closer collaboration.
SEC extends shelf registration to 5 years
The Securities and Exchange Commission (SEC) has extended the validity of shelf registration offerings from three to five years and simplified the requirements for subsequent tranches, under SEC Memorandum Circular No. 12, Series of 2025.
Lodestar expands capital, eyes digital assets
Stockholders of Lodestar Investment Holdings Corp. have approved key amendments to the company’s Articles of Incorporation, signaling a strategic shift into digital investments and a significant capital expansion.
