Battle for ranking points heats up as JPGT Luisita golf tourney tees off
TARLAC – The ICTSI Junior PGT Luzon Series reaches a critical juncture as the fifth leg kicks off at the Luisita Golf and Country Club Tuesday.
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The week ahead
The apathy of a trading week with a holiday will collide with the excitement and price discovery of a post-BSP rate cut. Make sure you adjust your calendars for the last-minute shift of Ninoy Aquino Day from Wednesday, August 21, to Friday, August 23.> PH: The week starts today with the delisting of the Cirtek warrants (TECHW), and ends with the relocated observation of Ninoy Aquino Day with a non-trading day on Friday.> International: I’m going to pay light attention to the Bank of Thailand and the Bank of Indonesia interest rate decisions on Wednesday, and the Bank of Korea on Thursday.MB BOTTOM-LINE: Glass half-full analysis of the holiday shift is that now we get a 4-day weekend instead of back-to-back weeks that are broken up by non-trading days. Glass half-empty analysis is that most of us drones in the corporate world have had to arrange for our leaves months and months in advance, and making this change at the last minute is just another aggravating instance of elitist calendar management that completely ignores how people on the ground (the ones actually doing the work) manage our lives. I’m not even getting into how weird it is to shift a date celebration holiday (which is on August 21 for a specific reason), supposedly in aid of domestic tourism, with just six days’ notice. Why is there always such a lack of foresight? Anyone who has ever arranged an event will know that last-minute shifts in timing are disastrous to participation because people have lives and they need to make plans well in advance. Why not just wait for this holiday to pass and THEN make this shift for future Ninoy Aquino Day recognitions? Maybe I’m just feeling a case of the Mondays because my holiday plans were absolutely blind-sided by this change and we can’t be the only family/business in this situation.
Top Line files for P3.16B November IPO
Top Line Business Development [TOP 0.78 pre-SEC] [link] filed paperwork with the SEC to conduct a November 2024 IPO. According to the preliminary prospectus from the company’s website, the deal is worth up to P3.16 billion through the sale of ~3.683 billion primary common shares and up to ~368 million secondary common shares as part of an over-allotment option at a price of up to P0.78/share.
Frayna downs German foe to earn rating points in Sparkassen chess tilt
MANILA, Philippines – The Philippines’ Janelle Mae Frayna bested FIDE Master Timo Kuppers of Germany to salvage a decent finish and earn rating points in the Sparkassen Chess Trophy in Dortmund, Germany Sunday night.
'Dindo' intensifies into tropical storm; out of PAR by Monday noon
MANILA, Philippines — Tropical depression Dindo (international name: Jongdari) intensified into a tropical storm early Monday, but no tropical cyclone wind signals have been hoisted as of now, according to state weather bureau PAGASA.
No to e-sabong revival – senators
MANILA, Philippines — Saying e-sabong is worse than Philippine offshore gaming operators, senators are opposing proposals to revive online cockfighting to make up for the forgone revenues due to the ban on POGOs.
NCIP not allowed to use IP funds for operating expenses – auditors
THE Commission on Audit has affirmed five notices of disallowance (NDs) issued against the National Commission on Indigenous Peoples (NCIP) for spending P1.57 million out of a trust fund meant to improve the living conditions of the Mamanwa tribe of Claver, Surigao del Norte.
Adjust ‘unrealistic’ threshold on poverty, govt urged
SEN. Sherwin Gatchalian yesterday called on the Philippine Statistics Authority (PSA) to adjust and come up with a more accurate assessment of the country’s poverty threshold so the Senate can come up with reasonable budget allocations to alleviate poverty in the country.