Tag: Editors' Picks

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Big-name groups confront SEC over sharply higher fees and penalties

The howl raised by the various business and trade organizations over significantly higher fees and charges at the Securities and Exchange Commission has forced the watchdog agency to schedule a roundtable discussion with its constituents.

Alternergy reclassifies shares to widen capital sources for RE projects

Alternergy Holdings Corp.'s stockholders approved the reclassification of the company's perpetual preferred shares in a bid to raise non-voting equity capital and expand capital...
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BSP deploys more coin deposit machines

In response to growing demand, the Bangko Sentral ng Pilipinas (BSP) has deployed 15 additional coin deposit machines (CoDMs) in the last few weeks, bringingw to 25 the total number of units available across the Greater Manila Area. The first CoDMS were launched last June.

“No basis for government to import pork”

The government plan to import pork from overseas suppliers does not sit well with stakeholders who pointed out on Tuesday the Philippines has enough frozen supply in cold storages across the country.

Power sector forecasts as P7.6T industry by 2040

The P630 billion power generation market is forecast to require investments of some P7.6 trillion by 2040 to meet the country's growing requirements, according to the Energy Regulatory Commission (ERC).

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Malampaya expansion buys field 6 more years of life

The nearly USD1-billion Malampaya expansion will extend by about six years the life of a gas field supplying roughly one-fifth of Luzon’s electricity requirements, giving the Philippines a crucial buffer against imported fuel dependence, volatile energy prices and potential supply disruptions.

Zalameda named chief justice, inherits top court post

Rodil Zalameda will become the country’s next chief justice of the Supreme Court on Friday, November 6, succeeding Alexander Gesmundo, who retires after reaching the mandatory age limit.

BSP keeps eye on stability as double-digit lending growth pumps up liquidity

Robust borrowing from both businesses and households pushed the Philippine money supply upward in September, underscoring a tightly knit loop between active bank lending and circulating financial liquidity.

Tourist arrivals top 5M as US leads, China surges

Foreign tourist arrivals in the Philippines surpassed five million as of November 4, growing 3.74 percent from 4.82 million in the same period last year, with a sharp rebound in Chinese visitors helping offset declining arrivals from South Korea.

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