Cops seize P523K worth of imported cigarettes in Sulu, Tawi-Tawi
COTABATO CITY — Policemen confiscated P523,000 worth of imported cigarettes in separate anti-smuggling operations in Bongao, Tawi-Tawi and in Jolo, Sulu on Thursday.
Trade latest news
Vivant plans P22-B of investments over next six years
Vivant Corporation [VVT 11.28, down 29.5%; 0% avgVol] [link] published a press release to guide the market that it expects “another year of sustained growth” above the P2.3 billion in FY23 operating income that it generated. VVT said that its 43% increase in net income for FY23 was driven by its energy subsidiary, Vivant Energy Corporation (VEC), and that it has a long-term plan to invest up to P22 billion in equity investments over the next six years, with P15 billion of that reserved for “various renewable energy projects.” VVT is an energy and water treatment company owned by the Cebu-based Garcia-Escaño Family.
Philippines, Japan strengthen parliamentary relations
MANILA, Philippines — Filipino and Japanese lawmakers have again renewed their commitment to fostering closer parliamentary relations and cooperation through the strengthening of the Japan-Philippines Parliamentary Friendship League (JPPFL).
SM Malls Online is your new one-stop shop for all the best deals
MANILA, Philippines — Great news! Shoppers finally have a one-stop source of deals and events in their own pocket via the SM Malls Online App, where over 100+ exclusive offers and promos at all SM malls nationwide can be easily claimed in-store—from dining, wellness and entertainment to Cyberzone for your tech needs and SM Markets for your groceries, covering all your bases.
Iran outlasts USA for breakthrough win in Volleyball Nations League
MANILA, Philippines -- Iran finally broke through in the men’s Volleyball Nations League after grinding out a win over the USA in a five-setter, 26-28, 25-23, 25-18, 26-28, 15-13, Wednesday night at the Mall of Asia Arena in Pasay City.
Ship 'believed to have sunk' after Red Sea attack — security agency
DUBAI, United Arab Emirates — A merchant ship is thought to have sunk in the Red Sea after a deadly attack by Yemeni rebels that forced it to be abandoned last week, a security agency said.
Citicore Renewables used 17% of its stab fund last week
Citicore Renewable Energy [CREC 2.70, up 0.4%; 7% avgVol] [link] disclosed its first stabilization fund report, showing that its stabilization agent (UBS AG) purchased 29,784,000 shares of CREC at an average price of P2.69/share from June 7 (the date of CREC’s IPO) through June 14. CREC’s stabilization fund has the ability to purchase up to 178,572,000 shares. The fund has used 16.6% of its quota through the first 27% of its permitted existence.
US regulator says TikTok may be violating child privacy law
NEW YORK, United States — The US Federal Trade Commission (FTC) announced Tuesday that it had referred a complaint against TikTok to the Justice Department, saying the popular video sharing app may be violating child privacy laws.