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MANILA, Philippines — The Land Transportation Office has inherited at least seven problems from the previous LTO administration after discovering 756 units of defective breathalyzers, LTO chief Vigor Mendoza II said over the weekend.
MANILA, Philippines — Chooks-to-Go and Bounty, proud supporters of Philippine sports, honored their commitment to sports excellence on Friday by awarding a P3-million incentive to Paris Olympics double-gold medalist Carlos Edriel Yulo.
SFA Semicon Philippines [SSP suspended] [link] was voluntarily suspended on Thursday ahead of news that its parent company, SFA Semicon Co. (“SFA Korea”), notified SSP of its intention to conduct a tender offer of SSP’s public float at P2.22/share and to delist the company from the PSE. The suspension will be lifted this morning (Tuesday). The tender offer price is 48% higher than its current market value, and is based on the PSE’s rules that require the tender offer price to be the highest of either the fairness opinion or the 1-year volume-weighted average price of the stock. SSP did not indicate SFA Korea’s proposed timeline for the tender offer or for the stock’s eventual delisting. SSP is one of the country’s largest semiconductor companies and exporters out of the Clark Freeport Zone. SSP makes memory components and SD flash cards.
MANILA, Philippines — The Philippine Competition Commission (PCC) is filing a case against 12 onion importers and traders for engaging in anti-competitive practices, Malacañang announced yesterday.
SAN CARLOS, Pangasinan, Philippines — The FPJ Panday Bayanihan provided financial assistance to the victims of a fire that gutted the old public market, one of the province’s two major markets, on Thursday.
Foreign investments are critical in shaping the economic trajectory of a country. For one, they bring in new capital to fund projects such as infrastructure, which are needed for long-term economic growth and development.
MANILA, Philippines — The retail price of chicken has reached as high as P240 per kilo with the increase in demand amid the pork scare due to the African swine fever (ASF), according to the Department of Agriculture (DA).
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...