Advertisements


Nuclear power in energy mix by year-end — DOE

The Department of Energy hopes to finalize the roadmap for the inclusion of nuclear power in the country’s energy mix by year-end after President Duterte signed an executive order supporting the Philippine nuclear energy program......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

SM companies secure slots in global sustainability index

SM Investments Corp. continues to be recognized as a constituent company in the FTSE4Good Index Series for its strong Environmental, Social and Governance performance, securing its status for the second consecutive year......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

ALI income falls 70% to P4.5 billion

Ayala Land Inc. reported a net income of P4.5 billion in the first half of the year, a huge drop of 70 percent from the previous year......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

San Miguel losses hit P4 billion in H1

Diversified conglomerate San Miguel Corp. incurred a net loss of P4 billion in the first half of the year, a hard landing from a P26.1 billion profit in the same period a year ago......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

No way to go but up

If you see some condominium construction projects on hold, then that is the pandemic finally taking its toll on the local property market......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

RLC profit slips 8% to P3.7 billion in 6 months

Robinsons Land Corp.posted an eight percent decline in its first half net income to P3.7 billion due to the impact of the coronavirus pandemic......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

Desolation in the heart

NASA has launched its Mars 2020 Spacecraft to explore Mars and to determine if there is life in that planet......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

Telcos brace for greater capex pressure in 2021

Regulatory pressure and looming competition are likely to push telecommunication giants PLDT Inc. and Globe Telecom Inc. to further bolster spending next year, Fitch Ratings said......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

BPI raises P21.5 billion via first issuance of COVID-19 bonds

Bank of the Philippine Islands raised P21.5 billion through the first-ever COVID-19 bond offering at the domestic debt market, with proceeds aimed at helping micro, small and medium enterprises recover from the pandemic......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

Index ends in red for 5th straight week

Stocks ended yet another week in the red – the fifth straight week of losses – as the reimposition of a strict lockdown in the capital and a disappointing economic performance in the second quarter weighed heavily on investor sentiment, traders said......»»

Source: Philstar PhilstarCategory: Finance12 hr. 3 min. ago Related News

SMIC recognized in FTSE4Good Index Series for ESG performance

Conglomerate SM Investments Corp. has been recognized for the second straight year as a constituent company in the FTSE4Good Index Series for strong environmental, social and governance performance......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

US eyes tougher Wall Street rules for Chinese companies

New York---US officials on Thursday proposed toughening rules for Chinese companies listed on American stock exchanges as recent scandals have prompted concerns about the reliability of some of the firms' documents......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

Emperador set to join 30-company PSE index

Liquor producer Emperador Inc. is set to join the 30-company Philippine Stock Exchange index in place of Semirara Mining and Power Corp......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

Growth of money supply, bank loans softened in June

Domestic liquidity and bank loans grew at a slower pace in June, compared to the previous month, reflecting the subdued economic activities following the imposition of quarantine measures to contain the COVID-19 pandemic......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

Ayala Land, Robinsons Land posted lower profits in first semester

Property developers Ayala Land Inc. and Robinsons Land Corp. registered lower profits in the first six months as the pandemic hurt their residential, mall and hotel operations......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

EEI, ACCIONA bag contract to build section of Malolos-Clark railway

EEI Corp. and foreign partner ACCIONA won a contract from the government to build one of the sections of the new railway that will link the city of Malolos in Bulacan province and Clark International Airport in Pampanga......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

BPI raises P21.5 billion from COVID response bonds

Bank of the Philippine Islands, the third-largest lender in terms of assets, said Friday it raised P21.5 billion from the sale of COVID Action Response Bonds as subscriptions reached seven times the initial planned issue size of P3 billion......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

Fitch to evaluate PH credit rating following 16.5% GDP contraction in second quarter

Fitch Ratings said it will reevaluate the credit rating outlook for the Philippines after the government announced that the gross domestic product shrank 16.5 percent in the second quarter from a year ago......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

Market retreats; ICTSI, Marcventures advance

The stock market retreated Friday on profit taking and a new China-US flare-up that also sent the rest of Asian stocks lower......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News

Businessmen call for reopening of economy

The Philippine Chamber of Commerce and Industry called for the full resumption of economic activities as the lockdown extension may worsen business woes and render recovery plan more difficult even with fiscal support......»»

Source: Thestandard ThestandardCategory: Finance15 hr. 3 min. ago Related News