AS A FOLLOW UP to my piece on October 2023 about the negative impact of the equity investment into the Maharlika Investment Corp. (MIC) on the capital ratios of Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP), my “Introspective” piece on Jan. 6 this year showed that after one […]
Category: Stock
A WIDE variety of Chinese films and other creative endeavors — like dance, traditional music, and calligraphy — will be in the spotlight for this year’s Spring Film Festival at the Shangri-La Plaza Mall in Mandaluyong City. The 19th edition of the film festival will run from Jan. 29 to Feb. 2, during which time […]
REUTERS THE Philippine Stock Exchange, Inc. (PSE) is increasing its stake in the Philippine Dealing System Holdings Corp. (PDS) to 88.44%. The market operator is buying 250,000 PDS common shares held by AIA Philippines Life and General Insurance Co. Inc., equivalent to a 4% stake, under a share purchase agreement. “With this acquisition, the company […]
BW FILE PHOTO THE GOVERNMENT hiked the volume of Treasury bills (T-bills) it awarded on Monday as rates dropped further on market preference for shorter tenors and amid expectations of a rate cut by the Bangko Sentral ng Pilipinas (BSP) next month. The Bureau of the Treasury (BTr) raised P27.6 billion from the T-bills it […]
1 of 2 DAVAO-based property developer Damosa Land, Inc. (DLI) expects to complete the construction of its Bridgeport Park condominium by 2028, according to its chief executive officer (CEO). “For Bridgeport Park, which is our condo project there, there are four buildings, with a total value of about P2.3 billion,” Damosa President and CEO Ricardo […]
KATEMANGOSTAR/FREEPIK (This was lifted from the Inaugural Address of the author as the 77th President of the Management Association of the Philippines.) As in the past, the Management Association of the Philippines’ (MAP) activities this year will be guided by a theme. For 2025, we will once again build on MAP’s legacy, its strengths, while […]
By Brontë H. Lacsamana, Reporter Movie ReviewSong of the FirefliesDirected by King Palisoc EVERYONE loves a good underdog story, especially if it involves the overlooked and unconfident coming into their own after much perseverance. In this film, the underdogs are the children who grew up surrounded by the untamed bounty of nature, and a kind-hearted […]
CHINA COAST GUARD VESSEL 5901, nicknamed the “monster ship,” off the coast of Capones Island, Zambales on Jan. 4, 2025. — PHILIPPINE COAST GUARD THE Philippine Coast Guard (PCG) on Monday said it would continue to confront illegal patrols in the South China Sea as it tries to prevent China from “normalizing such unlawful actions.” […]
PRESIDENT FERDINAND R. MARCOS, JR. — PHILIPPINE STAR/NOEL PABALATE By Kyle Aristophere T. Atienza, Reporter PRESIDENT Ferdinand R. Marcos, Jr. on Monday called out his predecessor for “lying” after claiming that the 2025 General Appropriations Act (GAA) is invalid for having blank items. “He’s lying,” he said. “He was a president. He knows that you […]
PHILIPPINE STAR/NOEL PABALATE PRESIDENT Ferdinand R. Marcos, Jr. on Monday vowed to veto a bill that seeks to prevent teen pregnancy through a comprehensive sex education campaign, saying it promotes “woke mentality.” He noted that while he is in favor of sex education, he was “appalled” by some elements in Senate Bill 1979 or the […]