Tag: Power Sector Assets and Liabilities Management Corp. (PSALM)

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Malacanang orders surprise halt on transport fare hikes

The Department of Transportation (DOTr) has suspended the planned fare increases for public utility vehicles (PUVs) following a directive from President Ferdinand Marcos Jr., as global oil prices continue to rise due to tensions in the Middle East.

Luzon barangays can win P50,000 for Flores de Mayo via Lalamove

Luzon communities preparing for the annual Flores de Mayo festival now have a chance to receive support from Lalamove through its new initiative, Flores de LALA. The program highlights the effort behind the celebrations, from planning and decorations to organizing processions and church activities.

PSE says Maya’s U.S. listing could be “very difficult”

The Philippine Stock Exchange (PSE) says it could prove challenging for fintech firm Maya Philippines Inc. to list first in the United States before going public locally. PSE president and CEO Ramon S. Monzon warned that Maya could become an “orphan” stock—ignored by major U.S. investors and analysts—after a U.S. listing.

Rockwell raises P10B in bond market comeback 

Rockwell Land Corporation has returned to the debt market with a P10 billion bond issuance—its first since 2013—drawing strong demand and signaling renewed investor confidence in the premium developer.

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