Tag: PSE

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PSE clears Philippine Realty BGC land swap

Corporate Context.ph Context.ph -
Philippine Stock Exchange has approved the application of Philippine Realty and Holdings Corporation for the additional listing of common shares issued through a property-for-share swap deal.

DFNN shareholders OK capital hike, preferred share issuance

Corporate Context.ph Context.ph -
DFNN Inc. shareholders have approved a substantial increase in authorized capital stock, alongside plans to issue preferred shares and list them on the Philippine Stock Exchange, in a move that signals a potential expansion phase for the firm.

Asian Terminals set for PSE delisting April

Corporate Context.ph Context.ph -
Asian Terminals, Inc. is set to exit the stock market on April 3 after securing regulatory approval for its voluntary delisting, following a successful tender offer that effectively consolidated ownership under its key shareholders.

Infradev declines to disclose subway settlement details

Corporate Context.ph Context.ph -
Philippine Infradev Holdings Inc. has declined to provide further details on its reported settlement with the Makati City government over the scrapped subway project, citing strict confidentiality rules imposed by an arbitral tribunal in Singapore.

Markets cool off as peso flexes quiet strength 

Markets Context.ph Context.ph -
Global markets are taking a step back—not because of panic, but caution. Investors are reducing risk as they navigate uncertainty around inflation, interest rates, and global tensions. 
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Employers seek better PhilHealth benefits

Education, Health & Science 0
The Employers Confederation of the Philippines (ECOP) has backed Executive Secretary Ralph Recto's call for the Philippine Health Insurance Corp. (PhilHealth) to enhance benefit packages for direct contributors, saying workers and employers who consistently pay into the national health insurance system deserve better value and more meaningful protection.

Alex Eala serves up another victory beyond tennis

Sports & Entertainment 0
Fresh from her breakthrough run at Wimbledon, the 21-year-old tennis star stepped into Malacañang on Monday, where President Ferdinand R. Marcos Jr. traded Centre Court for the Palace and presented her with a Presidential Citation, recognizing a young athlete who has become one of the Philippines' brightest sporting ambassadors.

Angat Dam still below target levels despite recent Luzon rains

Environment 0
The Angat Dam’s water level remains below ideal marks even after heavy rains hit Luzon over the past week, the National Water Resources Board (NWRB) confirmed on Monday. Speaking at the Bagong Pilipinas public briefing, NWRB executive director Dr. Sevillo David Jr. noted the level rose slightly to 156.07 meters thanks to the southwest monsoon, but this is still the lowest reading recorded at the dam since 2010. He said the dam has yet to hit the 160-meter critical level, and ideally needs to reach the 180-meter minimum operating level, adding the agency is counting on more rainfall in Bulacan in the coming days to boost supplies. Angat Dam provides most of the raw water used by Metro Manila and nearby provinces, distributed by concessionaires Maynilad and Manila Water.

Gov’t launches pioneer white hydrogen search in Pangasinan

Energy & Mining 0
The Department of Energy (DOE) has confirmed that Koloma Inc. has begun formal surveys and studies to verify if commercially viable amounts of naturally occurring hydrogen exist in Pangasinan. Koloma holds Service Contract No. 84 covering a hydrogen resource area in the province, and also operates the adjacent Service Contract No. 83 that spans parts of Zambales.

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