Wednesday, 07 May 2025, 10:07 pm

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    NexGen share price made little gains on its debut

    NexGen Energy Corp. shares made little gains on its debut Tuesday at the Philippine Stock Exchange trading under the ticker sign XG.

    Online marketplace should start collecting withholding tax from merchants—BIR

    The Bureau of Internal Revenue said Tuesday the electronic marketplaces operating in the country such as Shoppee and Lazada should start imposing withholding tax on sellers and merchants using their online platform.

    DA chief calls for modernization of Philippine crop insurance practices

    Agriculture Secretary Francisco P. Tiu Laurel, Jr. urged the Philippine Crop Insurance Corp. (PCIC) to modernize its operations and develop more affordable insurance products and services to better serve farmers, fisherfolk and livestock raisers.

    Del Monte Pacific tells SGX it could effectively manage its debts

    Del Monte Pacific Ltd. expressed confidence it could timely and effectively manage its financial obligations after the Singapore Exchange Securities Trading Ltd., or SGX, raised concerns about its current liabilities exceeding the amount of its current assets by USD417.3 million and other financial indicators.

    Jollibee reports cybersecurity breach, initiates protocols to protect data

    Jollibee Foods Corp., the country’s largest restaurant chain, said it experienced during the weekend a cybersecurity incident resulting in a personal data breach affecting the company and several of its subsidiaries.

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    Mitsubishi joins ACEN-led alliance for early coal plant retirement

    ACEN Corp. said Wednesday that Mitsubishi Corp. and its subsidiary Diamond Generating Asia (DGA) have joined forces with GenZero and Keppel Ltd. to explore a pioneering transition credits mechanism aimed at accelerating the retirement of the 246 MW South Luzon Thermal Energy Corp (SLTEC) coal-fired power plant in Batangas, Philippines.

    New bird flu strain detected in Camarines Sur spurs policy action

    The Department of Agriculture (DA), through the Bureau of Animal Industry (BAI), on Wednesday confirmed the country’s first case of the highly pathogenic avian influenza (HPAI) Type A Subtype H5N9 in Camaligan, Camarines Sur.

    Robinsons Land unveils P125B five-year expansion plan

    Robinsons Land Corp. (RLC), the property development arm of the Gokongwei group, is set to spend up to P125 billion over the next five years to fuel a broad expansion of its commercial footprint, enhance its real estate portfolio, and pursue long-term profit growth.

    Megaworld posts 15% 1Q income growth

    Property giant Megaworld Corp. posted a strong start to 2025, reporting a 15 percent year-on-year rise in first-quarter net income to P5.09 billion, up from P4.4 billion in the same period last year, driven by across-the-board gains in its core business segments.

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