PHILIPPINE STAR/ MICHAEL VARCAS BUSINESS GROUPS and foreign chambers on Wednesday urged lawmakers to approve the remaining economic reform measures, including the amendments to the Public Service Act (PSA), in the homestretch of the 18th Congress' third regular session. Thirteen business groups and foreign chambers sent letters to Congress leaders calling on them to pass 11 bills that they say ...

PHILIPPINE STAR/ MICHAEL VARCAS BUSINESS GROUPS and foreign chambers on Wednesday urged lawmakers to approve the remaining economic reform measures, including the amendments to the Public Service Act (PSA), in the homestretch of the 18th Congress' third regular session. Thirteen business groups and foreign chambers sent letters to Congress leaders calling on them to pass 11 bills that they say ...

AYALA LAND, Inc. (ALI) reported a net income attributable worth P2.55 billion for the third quarter, up by 38% year on year from P1.85 billion, as its sales reflected "sustained demand" despite renewed quarantined restrictions. In a disclosure to the stock exchange on Wednesday, the company said its sales reservations hit P21.8 billion in the July-to-September period. Its consolidated revenues ...

AYALA-LED AC Energy Corp. has started construction works on its 283-megawatt (MW) solar farm in San Marcelino, Zambales, which the firm touted as the biggest in the country to date. "The San Marcelino solar farm marks the fifth facility that we have commenced with construction this year, and these project milestones all make for a fascinating period in the expansion ...

WHETHER they are celebrating in person or holding a Zoom party this year, with Christmas fast approaching folks are starting to come up with their holiday menus. Many Filipino favorites are sure to make the line-up, but if you also are into wine the question comes up: What wine goes with XXX (fill in your Pinoy favorite party dish here)? ...

THE BUREAU of the Treasury fully awarded the reissued five-year bonds it offered on Wednesday. -- BW FILE PHOTOTHE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Wednesday as rates went up, with the market anticipating the result of the US Federal Reserve's policy review. The Bureau of the Treasury (BTr) on Wednesday raised ...

DOHUK, Iraq -- Archaeologists have excavated the first, and what they believe is the oldest, industrial wine press in northern Mesopotamia dating back more than 2,700 years and coinciding with a sharp rise in wine demand among the ruling imperial elites of Assyria. One of the world's earliest empires, Assyria was located in the northern part of Mesopotamia -- most ...

CENTURY PACIFIC Food, Inc. (CNPF) booked a P1.26-billion net income in the quarter ending September, 22% higher than the P1.03 billion logged a year ago, as its topline improved by 21%. In a regulatory filing on Wednesday, the company said its topline reached P14.08 billion in the third quarter from P11.68 billion in the same period last year on the ...

THE PHILIPPINE Stock Exchange (PSE) on Tuesday evening approved the application of Sta. Lucia Land, Inc. (SLI) for the listing of up to three billion shares for its follow-on offering (FOO). "The Exchange's approval of the conduct of the FOO and listing of the Company's shares is subject to its compliance with all of the conditions and post-approval requirements of ...

FINANCIAL INSTITUTIONS can share their clients' information to help fraud investigations. -- RUPIXEN.COM/UNSPLASHINFORMATION SHARING by financial institutions for fraud investigations does not violate the country's privacy law, the Bangko Sentral ng Pilipinas (BSP) said. Memorandum No. M-2021-059 signed by BSP Deputy Governor Chuchi G. Fonacier told financial institutions to cooperate and share relevant information to third parties in aid of ...