DTI eyes partnership with Qatari firm
THE Department of Trade and Industry (DTI) is eyeing a large-scale partnership with the Qatari Baladna, a Qatari agricultural firm, to boost dairy self-sufficiency in the Philippines.
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Beermen survive Painters to draw first blood in PBA semis
MANILA, Philippines -- The San Miguel Beermen held on and took Game 1 over the gritty Rain or Shine Elasto Painters, 101-98, in the PBA Philippine Cup semifinals Friday at the Mall of Asia Arena in Pasay City.
Gasoline prices to drop for third consecutive week
MANILA, Philippines — Oil firms are expected to implement mixed adjustments in pump prices during the third week of May.
SP New Energy crushed on MSCI deletion
SP New Energy [SPNEC 1.06, down 6.2%; 150% avgVol] [pdf link] fell more than 6% yesterday as traders digested the MSCI Global Small Cap review results that indicated SPNEC would be deleted from the index, effective June 3. Cebu Pacific [CEB 29.50, down 1.8%; 113% avgVol] is also scheduled for deletion from the index, while ACEN [ACEN 5.00, up 9.4%; 478% avgVol] was selected for inclusion. Aboitiz Equity Ventures [AEV 37.00, down 3.5%; 458% avgVol] was deleted from the MSCI Global Standard index.
Marcos welcomes new envoys
MANILA, Philippines — President Marcos is looking to boost ties with Belarus, Ghana, Turkmenistan, Malta, Dominican Republic and Nicaragua upon welcoming on Tuesday the countries’ new envoys in Manila.
Customs seizes P791M worth of smuggled cigarettes
BUREAU of Customs operatives have confiscated P791 million worth of smuggled cigarettes and vape products from Singapore at the Manila International Container Port.
Press Release - Enhanced NFA, Rice Fund Among Proposed Amendments to Rice Tariffication Law in Robin Bill
Enhancing the National Food Authority (NFA) powers to manage the country's rice supply chain and enhancing the Rice Competitiveness Enhancement Fund (RCEF) are the keys to stabilizing the price and supply of rice - and ultimately, giving Filipinos access to cheaper rice.
Stock markets diverge on eve of key US inflation data
LONDON, United Kingdom — European and Asian stock markets were flat to slightly lower Tuesday on the eve of key US inflation data that could have a huge bearing on the extent of US interest rate cuts this year.