Tag: Petron

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Petron bonds listed on PDEX, investor confidence underscored

Markets Context.ph Context.ph -
Petron Corp. on Monday listed on the Philippine Dealing and Exchange Corp. (PDEX) its fixed-rate bond that raised P32 billion amid oversubscription, which underscored investor confidence on the Philippines’ largest oil company.

Petron announces passing of director Horacio Ramos

Energy & Mining Context.ph Context.ph -
Petron Corp., the oil subsidiary of San Miguel Corp., announced Monday that its director, Horacio Ramos—former Secretary of the Department of Environment and Natural Resources (DENR)—has passed away.

DOE reiterates LIRA compliance to avoid hefty penalties

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) on Monday called on liquefied petroleum gas (LPG) industry players to comply with the LPG Industry Regulation Act (LIRA) in full to avoid severe penalties, including fines, business closure, and even criminal charges.

Petron to raise up to P32B via peso bond issue

Markets Context.ph Context.ph -
Petron Corp., the Philippines' largest oil company and sole refiner, announced Tuesday that its board has approved a plan to raise up to P32 billion this year through the public offer of peso-denominated retail bonds.

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BIR unveils portal to simplify corporate taxes

Economy 0
The government is stepping up its digital reform drive to make tax compliance faster, simpler, and less burdensome for the country’s biggest taxpayers, with the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) launching a centralized Taxpayer Portal for firms under the Large Taxpayers Service (LTS).

ERC proposes key reforms to address PH power sector challenges

Energy & Mining 0
The Energy Regulatory Commission (ERC) is pushing for critical updates to Philippine power market rules and systems, aiming to fix current gaps and adapt to modern energy needs. The proposed changes carry major policy weight, as they seek to make power supply more reliable, affordable, and responsive to changing conditions.

Panhua expands Philippine steel investment plan to  $3.5B

Trade & Investments 0
The Philippines’ drive to strengthen its domestic manufacturing base gained fresh momentum after Chinese steel giant Panhua Group Co., Ltd. expanded its planned investment in the country to USD3.5 billion, signaling rising foreign investor confidence in the local industrial sector.

Globe launches new connectivity solutions to ease cost pressures for consumers, businesses 

Communications & Technology 0
Globe Telecom Inc. introduced a wide range of mobile, home, and enterprise solutions on Tuesday, designed to help Filipinos cope with economic challenges and rising expenses.

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