PSE short selling rules out by Q1
THE Philippine Stock Exchange, Inc. (PSE) is targeting to implement short selling and new listing rules by early next year to help drive up activity in the local market.
PHL leads Asia Pacific on gender equality in work
By Victor V. Saulon
Sub-Editor
AN EQUAL CHANCE for Filipino women in the workplace and in society could translate into a 7% increase in the country’s...
Almost $1 billion hot money left Philippines in March
ALMOST $1 billion in foreign capital left the country in March, reflecting investor preference for safe-haven assets as a Luzon-wide lockdown meant to contain a coronavirus pandemic brought the Philippine economy to a standstill.
Right-of-way issue hounds MRT 7
CONSTRUCTION of the Metro Rail Transit Line 7 (MRT-7) -- a project designed to offer more public transport options north of Metro Manila -- could face delays on right-of-way questions involving the project’s planned depot in San Jose del Monte, Bulacan.
Philippines set to take rare, top spot for IPOs in Southeast Asia
MANILA/SINGAPORE - A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia's biggest IPO market...
Counting SEA Games’ risks and benefits
LOGISTICAL glitches and allegations of corruption threaten to mar the Philippines’ hosting of the biennial Southeast Asian Games this year, which the country is doing for the fourth time in history.
SEC sets rules for forming one-person corporations
THE Securities and Exchange Commission (SEC) has released on Friday draft guidelines listing documentary requirements for putting up a one-person corporation (OPC) and providing how ordinary stock corporations can be converted into OPCs.
More firms eye bidding for Manila subway contracts
MORE Japanese and local companies have shown their interest in two contracts under the first phase of the Metro Manila Subway Project which will be bid out in mid-March.
Coronavirus may cost PHL up to P2.5 trillion in economic output
THE Philippine economy may lose between P276.3 billion and P2.5 trillion, depending on how the coronavirus pandemic develops in the next few months, according to a state-run think tank.
Bulacan airport gets DoJ go signal
THE P734-billion Bulacan international airport project is now one step closer to implementation, after securing the go signal from the Office of the Solicitor General (OSG) and the Department of Justice (DoJ), according to an official of the Department of Transportation (DoTr).
Monde Nissin files for record-breaking Philippine IPO
MONDE NISSIN CORP., the maker of Lucky Me! instant noodles, on Thursday filed for an initial public offering (IPO) to raise up to P63 billion ($1.3 billion), which could be the country’s biggest first-time share sale.
National Government may cut workforce in 2022
DEPARTMENTS under the National Government may have to reduce their workforce when some projects will be devolved to local government units (LGUs) starting next year, the Budget chief said.