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MANILA, Philippines — Senate leaders visiting Pag-asa Island in Kalayaan, Palawan on Thursday received radio challenges from China asking them to leave the Philippine territory.
COTABATO CITY — Two members of the New People’s Army, wanted for arson, multiple murder and cattle theft, were killed by soldiers in an encounter in Barangay Salansang in Lebak, Sultan Kudarat on Thursday morning.
MANILA, Philippines — Several areas in the Philippines are expected to experience scorching temperatures of up to 45 degrees Celsius (°C) on Friday, state weather bureau PAGASA reported.
The PSE [link] notified four high-profile companies that their shares would be suspended at 9 AM today if 2023 Annual Reports were not posted. The companies that were put on notice are Tony Tiu’s AgriNurture [ANI 0.57, down 1.7%; 102% avgVol], Philippine Infradev [INFRA 0.53, up 1.9%; 262% avgVol] and two from pseudo-tycoon Dennis Uy, Chelsea Logistics [C 1.30, up 4.0%; 526% avgVol] and Phoenix Petroleum [PNX 4.17, down 0.2%; 78% avgVol]. Should any of these companies fail to submit their Annual Reports before 9 AM, they will remain suspended for up to three months until such report is submitted. If nothing has changed after three months, the PSE must begin involuntary delisting proceedings.
DDMP [DDMPR 1.17, up 0.9%; 37% avgVol] [link] declared a Q1/24 dividend of P0.023476, payable on July 15 to shareholders of record as of June 19. The dividend has an annualized yield of 8.03% based on the previous closing price. The total amount of the dividend is P419 million, which is 116% of the P362 million in distributable income that DDMPR reported for the quarter. Relative to DDMPR’s IPO price, the dividend increased DDMPR’s total stock and dividend return to -32.29%, up from its pre-dividend total return of -32.33%. DDMP REIT Fund Managers reported that DDMPR’s occupancy as of March 31 was just 76%, with occupancy at its main building (DoubleDragon Plaza) listed at just 70.8%.
MIAMI – Lionel Messi's record $20.45 million annual salary from Inter Miami makes him by far the best paid player in Major League Soccer but also puts him ahead of the entire squads of 25 of the league's clubs, according to data released by the MLS Players Association on Thursday (Friday Manila time).
MANILA, Philippines — The House of Representatives Committee on Ethics and Privileges will continue its hearings over the alleged «disorderly behavior» of Davao del Norte Rep. Pantaleon Alvarez, which a local official filed against him.
MANILA, Philippines – A convoy of boats carrying Philippine civilians bearing fuel and food for Filipino fishermen has abandoned plans to sail closer to a China-held reef off the Southeast Asian country, organizers said Thursday.