Say ‘no’ to resolutions and ‘yes’ to blueprinting your business. Here’s why …
Resolutions are often unrealistic, pressure filled promises that if broken, can make you feel like a failure. That is the last thing your business needs. What are you going to do if you break them in January for whatever reason? Wait
How PSEi member stocks performed — December 31, 2021
Here’s a quick glance at how PSEi stocks fared on Friday, December 31, 2021.
Outlook deteriorating for UK automotive sector
The credit risk in the UK automotive industry is set to deteriorate. In its in-depth report on the automotive sector, trade credit insurer Atradius reveals several challenges facing the industry which stem from supply issues, decreased consumer demand and rising costs.
Ayala eyes stake in Singapore, Myanmar firms for $237.5M
Ayala Corp. announced on Friday its plan to acquire a 20% share in Singapore-based Yoma Strategic Holdings Inc. (YSH) and a 20% stake in First Myanmar Investment Public Co. Ltd. (FMI). The total investment amounts to $237.5 million, the listed conglomerate
Listed firms raise record P234B in 2021
Companies raised a record P234.48 billion at the stock exchange in 2021 to beat the previous high of P228.33 billion set In 2012, the Philippine Stock Exchange (PSE) said on Friday. “We are pleased that more companies chose to raise funds
AC Energy, unit forge asset-for-shares swap deal
FACEBOOK.COM/OFFICIALACEN Ayala-led AC Energy Corp. is swapping some of its assets for shares in its oil and gas exploration unit ACE Enexor, Inc. in a deed of assignment that the two entities signed earlier this week. In separate disclosures on Friday, the
PAL Holdings seeks SEC nod on capital hike to P30B
Philippine Airlines (PAL) planes are seen parked on tarmac in Manila International Airport in Pasay city, Sept. 9, 2014. — REUTERS/ROMEO RANOCO/FILE PHOTO PAL Holdings, Inc. has filed an application with the Securities and Exchange Commission (SEC) for a capital increase
More hot money enters Philippines
UNSPLASH By Luz Wendy T. Noble, Reporter More foreign portfolio investments entered the Philippines than they left in November, amid improving economic conditions that boosted investor sentiment, according to the central bank. So-called hot money posted a net inflow of $109.56 million last month, 52% lower than
Duterte vetoes three budget items
President Rodrigo R. Duterte has vetoed three minor items in the 2022 budget without funding, according to the Budget department. “The vetoed items were not crucial,” Budget officer-in-charge Tina Rose Marie L. Canda told an online news briefing on Friday in Filipino. Among the vetoed items is the application of the Agrarian Reform law
Crop damage climbs to P9B
PHILIPPINE COAST GUARD FACEBOOK PAGE Crop damage from Typhoon Rai has reached P9 billion covering 12 regions and more than 350,000 hectares of farmland, the Agriculture department said on Friday. Production losses hit 194,671 metric tons (MT), affecting 132,658 farmers and fisherfolk, it said