Tag: bworldonline
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PAL Holdings, Inc. to hold Annual Stockholders’ Meeting on May 30 via remote communication
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PHL inflation quickens to 3.8% in April
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HEADLINE INFLATION picked up for a third straight month in April amid higher food and transport costs, the Philippine Statistics Authority (PSA) reported on Tuesday.
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Philippines readies offering of dual-tranche dollar bonds
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THE PHILIPPINE government is readying a benchmark-sized issuance of dual-tranche dollar bonds, which would be its first global bond offering for this year. The country is looking to issue 10- and 25-year dollar bonds, based on a report by Reuters. Benchmark-sized issues are typically worth at least $500 million. The…
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Two House committees approve amendments to Rice Tariffication Law
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TWO COMMITTEES at the House of Representatives on Tuesday approved the proposed amendments to the Rice Tariffication Law of 2019. The House committees on Agriculture and Food and Ways and Means on Tuesday in separate hearings okayed the amendments, with several measures on the amendments set to be consolidated into…
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Universal Robina Corp. to hold 2024 Annual Meeting of Stockholders on June 3
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Cebu Landmasters, Inc. to hold Annual Stockholders’ Meeting on June 4
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Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com. Join us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and get…
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Gov’t collected P1.4 trillion of revenue as of April — Recto
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THE GOVERNMENT collected P1.4 trillion in revenue in the first four months of 2024, accounting for almost a third of its full-year target, preliminary data from the Finance department showed. “My calculation is we are at P1.4 trillion. That’s for the first four months,” Finance Secretary Ralph G. Recto told…
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Agricultural output seen flat in Q1 as El Niño bites
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THE PHILIPPINES’ agricultural output may have been flat in the first quarter amid the impact of the El Niño dry spell on the sector, especially on palay production, analysts said. “First-quarter agricultural output in terms of growth should be around 1.8%. It could have been higher, but El Niño contributed…
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BSP has leeway to keep rates steady
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THE BANGKO SENTRAL ng Pilipinas (BSP) still has room to extend its policy pause even as inflation is expected to have picked up further last month, its top official said.
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Progress of 2025 budget on track, says DBM
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GOVERNMENT AGENCIES have turned in their 2025 budget proposals to the Department of Budget and Management (DBM) as of end-April, with next year’s spending plan still on track for submission to Congress by July, Budget Secretary Amenah F. Pangandaman said.