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MANILA, Philippines — Nangunguna, sa ngayon, si Bise Presidente Sara Duterte-Carpio sa napupusan ng mga Pilipino para sa posisyon ng pagkapangulo sa darating halalang 2028, ayon sa resulta ng isang survey.
Isa sa pinag-uusapan sa huling lamay kay Kuya Mario Bautista nung Huwebes ng gabi ay ang box-office results pa rin ng katatapos lang na Metro Manila Film Festival.
Metro Manila (CNN Philippines, January 25) — Three people were killed while 26 others were injured after a bus collided with several other vehicles in Dinalupihan, Bataan Wednesday evening.
Metro Manila (CNN Philippines, January 25) — The Commission on Elections (Comelec) Special Bids and Awards Committee (SBAC) said no issues have been encountered so far during the systems demonstration and end-to-end testing of the joint venture of Miru Systems Co. Ltd.
Metro Manila (CNN Philippines, January 25) — Heavy rains brought by a shear line in the eastern section of Southern Luzon may cause flooding in Cagayan Valley and Bicol Region on Thursday, the state weather bureau warned.
Metro Manila (CNN Philippines, January 24) — The Department of Trade and Industry (DTI) approved on Wednesday price increases for more basic goods, the second batch of hikes for this month alone.
On Tuesday, I wrote about Balai Ni Fruitas [BALAI 0.41, up 1.2%; 8% avgVol] and the BALAI board’s reallocation of IPO proceeds to commissary construction [MB link], away from store network expansion. In the write-up, I asked whether the “avoidance of debt and interest expense outweigh the potential topline growth of the company through building new locations”, and noted that it seemed as though BALAI had not made its case to shareholders that de-prioritization of store expansion was the right course of action. Interestingly, BALAI’s Investor Relations team reached out after that story was posted to offer additional background for the reallocation. According to BALAI, it was able to deliver a strong sales performance by using the “distribution network of its sister companies,” by “boosting delivery and 3rd party aggregator sales”, and by “tapping other distribution channels” like Gaisano and Metro Supermarkets branches in Cebu. BALAI said that this reduced the need for BALAI to expand the store network quickly. In addition, BALAI now believes that additional locations can be financed in smaller tranches “either through IPO proceeds and internal cash”, and that this has allowed the company to reallocate proceeds “towards increasing production capacity in Metro Manila and Cebu”. BALAI expects this to “translate to even faster revenue growth in the long-term.”
PRESIDENT Marcos Jr. has approved a three-month extension for the franchise consolidation of public utility vehicles (PUVs) to give those who want to consolidate more time to do so, Presidential Communications Office (PCO) Secretary Chely Garafil said yesterday.