capital | ABS-CBN News

Escudero questions Landbank, DBP capital allocation for Maharlika; says lend to agri instead

ABS-CBN News
Updated as of Feb 02 01:06 PM

Senator Chiz Escudero on Thursday said the Landbank of the Philippines and the Development Bank of the Philippines should consider lending to the Agriculture sector instead of funding the Maharlika Investment Fund. Read more »

Cebu Pacific sets P42-B capex for 2023

ABS-CBN News
Posted at Jan 26 02:11 PM

Cebu Pacific Air on Thursday said it has allocated P42 billion for its capital expenditure for 2023. Read more »

Final draft para sa single-ticketing system OK sa NCR mayors

Michael Delizo, ABS-CBN News
Updated as of Jan 19 09:25 PM

Inaprubahan na ng Metro Manila mayors ang final draft para sa single-ticketing system na ipatutupad sa National Capital Region. Read more »

SEC OKs AXA Philippines, Charter Ping An merger: GT Capital

ABS-CBN News
Posted at Jan 04 12:18 PM

GT Capital Holdings said the SEC has approved the merger between AXA Philippines and its former insurance subsidiary Charter Ping An Insurance Corp. Read more »

Razon's Prime Infra forms Malampaya advisory council

ABS-CBN News
Posted at Jan 03 03:50 PM

Prime Infra's Prime Energy on Tuesday said it has formed an advisory council for the development programs of the Malampaya gas project. Read more »

Dagdag firecracker-related injuries asahan sa darating na araw

ABS-CBN News
Posted at Dec 31 08:03 PM

Biglang tumaas ang mga kaso ng biktima ng paputok sa NCR. Read more »

PLDT says 2022 earnings 'unaffected' by budget overrun

ABS-CBN News
Updated as of Dec 22 02:28 PM

PLDT Inc on Thursday said its EBITDA is on track to meet P100 billion for the year and remains unaffected by a capital expenditure overrun. Read more »

PSE 'very bullish' for 2023: Monzon

ABS-CBN News
Updated as of Dec 21 11:56 AM

The Philippine Stock Exchange is 'very bullish' for 2023 due to the line up of initial public offering, its President and CEO Ramon Monzon. Read more »

Investors cautious in trading PLDT stocks amid overrun issue

ABS-CBN News
Updated as of Dec 20 02:09 PM

Investors are seen to be cautious in trading stocks of PLDT Inc after it reported a P48 billion "budget overrun" from 2019 to 2022, AAA Equities President Matthew Cabangon said on Tuesday. Read more »

SEC to probe PLDT budget overrun issue

ABS-CBN News
Posted at Dec 20 09:00 AM

The Securities and Exchange Commission said it is investigating PLDT's budget overruns of about P48 billion from 2019 to 2022. Read more »

PSE President Monzon backs creation of Maharlika fund

ABS-CBN News
Posted at Dec 19 11:54 AM

PSE President Ramon Monzon said the proposed Maharlika fund could create a 'multiplier effect' and result in growth in the country's capital markets. Read more »

Alok na modeling audition, online sex trafficking pala

ABS-CBN News
Posted at Dec 12 10:07 PM

Kalaboso ang isang Chinese na nagpapatakbo umano ng isang online sex trafficking operation sa Paranaque City. Read more »

Congress urged: Let BSP reach P200B capitalization before funding Maharlika

ABS-CBN News
Posted at Dec 12 10:07 AM

Congress must first enforce an older law that requires the central bank to raise its capitalization to P200 billion before it should be required to contribute to the Maharlika Wealth Fund, an economics professor said on Monday. Read more »

Globe sets lower $1.3 billion capex for 2023

ABS-CBN News
Updated as of Dec 09 11:50 AM

Globe Telecom on Friday said its board has approved a $1.3 billion capital expenditure for 2023, lower by 30 percent compared to the $1.9 billion this year. Read more »

DOH: No outbreak of HFMD in NCR but cases rising

ABS-CBN News
Posted at Dec 06 04:10 PM

There is no outbreak of hand, foot and mouth disease in Metro Manila, the Department of Health said Tuesday, amid a rising cases of the viral illness. Read more »

COVID-19 positivity rate in NCR rises to 9.2pct - OCTA

ABS-CBN News
Posted at Nov 24 04:42 PM

Metro Manila's COVID-19 positivity rate rose to 9.2 percent from 7.8 percent in the past week, a think tank said Thursday. Read more »

37 umano'y rebelde sumuko sa NCRPO

Jeffrey Hernaez, ABS-CBN News
Posted at Nov 23 08:43 PM

Hinimok ng NCRPO ang iba pang rebelde na sumuko at samantalahin ang programa ng pamahalaan para sa mga ito. Read more »

GT Capital net income climbs 72 percent in Jan-Sept despite rising inflation

ABS-CBN News
Posted at Nov 14 02:17 PM

GT Capital Holdings Inc said Monday its consolidated net income rose 72 percent to P15 billion in the first 9 months of the year from P8.7 billion in the same comparable period. Read more »

FDI net inflows dip to $797 million in August: BSP

ABS-CBN News
Posted at Nov 10 04:40 PM

The Philippines booked $797 million in net inflows of foreign direct investments in August, lower by 19.2 percent compared to $987 million in the same period last year. Read more »

Senator questions budget allocation for NCR: 'Bakit naiwan ulit ang ibang regions?'

Jauhn Etienne Villaruel, ABS-CBN News
Posted at Nov 09 03:57 PM

Sen. Francis Tolentino asked for the Department of Budget and Management's basis for the regional allocation. Read more »