A number of listed companies at the Philippine Stock Exchange have instituted share buyback programs in recent years, primarily to shore up sagging stock...
The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.
ABS-CBN Corp., once the country’s largest broadcast network, on Monday dismissed anew claims of unresolved audit issues and firmly rejected reports that a proposed P2-billion capital infusion would be used for directors’ payouts, seeking to distance itself from a boardroom dispute within Lopez Inc., the company owned by its major shareholders.