Minimum broker commission scrapped
The Securities and Exchange Commission (SEC) has removed the minimum amount of commission that stockbrokers may charge their customers in a bid to spur activity in the local stock market.
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The Securities and Exchange Commission (SEC) has removed the minimum amount of commission that stockbrokers may charge their customers in a bid to spur activity in the local stock market.
The Department of Trade and Industry (DTI) said it signed an agreement with Jollibee Foods Corp. (JFC) and Jollibee Group Foundation (JGF) for a training program for micro, small and medium enterprises (MSMEs) and entrepreneurs.
PetroGreen Energy Corp. (PGEC), a subsidiary of publicly listed PetroEnergy Resources Corp., will source PV solar modules from Trina Solar, a global leader in smart PV (photovoltaic) modules and energy storage solutions.
The partnership between Silicon Valley-based venture capital firm Plug and Play and the Department of Trade and Industry (DTI) wants to onboard 40 startups per year onto an acceleration program that aims to help them build technical skills.
PLDT Inc.’s home broadband subsidiary aims to sustain its leadership in the market this year, after accounting for more than half of the industry’s total revenues in 2023.
G-Xchange Inc., the owner of GCash, said the user base of its online trading platform GStocks has reached half a million.
Bloomberry Resorts Corp. said Thursday it will focus on ramping up the operations of its Solaire North Resort in Quezon City before pursuing other projects.
The Climate Change Commission (CCC) and the Ayala Group are accelerating initiatives aimed at boosting the country’s climate-resilience and adaptation.
Smart Communications Inc. said on Wednesday it intercepted and blocked more than 13 million smishing attacks in the first quarter of 2024, blacklisting nearly 200,000 mobile numbers engaged in phishing activities.
Filinvest REIT Corp. (Filreit), the real estate investment trust (REIT) of the Gotianun Group, said it is waiting for the equities market to recover and for its stock price to improve before acquiring more assets via share swap.
SP New Energy Corp. (SPNEC), the listed renewable energy company now chaired by Manuel V. Pangilinan, reported a net income of P5.7 billion last year.
The Securities and Exchange Commission (SEC) made permanent the cease-and-desist order (CDO) it issued against Maria Francesca Tan (MFT) Group of Companies Inc. and Foundry Ventures I Inc.
Eternal Chapels and Mortuary Services unveiled their second branch in Cagayan de Oro City, marking the sixth Eternal Chapels branch in the Philippines. The blessing and inauguration ceremony took place on the site located at #86 Toribio Chavez St., Cagayan de Oro City, more popularly known as Divisioria, on Saturday, April 6, 2024.
ACEN Corp.’s subsidiary, ACEN Renewables International (ACRI), signed a $150-million green term loan facility with the Singapore branch of Sumitomo Mitsui Banking Corp. (SMBC) to finance the power firm’s renewable energy (RE) projects across the region.
Eastern Communications has announced that it is increasing its capital expenditures (capex) to P1.15 billion this year from P1.03 billion the year prior to further expand and strengthen its network.
PetroEnergy Resources Corp. (PERC) of the Yuchengco Group saw its net income rise to P944 million last year on the back of the strong electricity sales of its renewable energy (RE) projects.
Villar-led property developer Vista Land and Lifescapes Inc. said it posted a net income of P10.29 billion last year, 39 percent higher than P7.39 billion recorded in 2022 mainly due to robust residential sales.
Alliance Global Group Inc. (AGI), the holding firm of businessman Andrew L. Tan, said its income last year grew 20 percent to P30.3 billion from the previous year’s P25.18 billion despite the spike in consumer prices.
Shakey’s Pizza Asia Ventures Inc., an operator of fast casual restaurant in the Philippines, said its net income last year expanded by 23 percent to P1.08 billion from the previous year’s P874.4 million, on higher sales.
Alternergy Holdings Corp.’s (Alternergy) subsidiary, Alternergy Tanay Wind Corp. (ATWC), and the National Grid Corporation of the Philippines (NGCP) have signed the interconnection agreement (ICA) for the 100-megawatt (MW) Tanay wind power project in Tanay, Rizal.
Lopez-owned First Gen Corp. (FGen) said Monday it awarded the contract for the second shipment of the company’s liquefied natural gas (LNG) supply requirement to CNOOC Gas and Power Trading & Marketing Limited (CNOOC).
The Philippine Ports Authority (PPA) has issued the notice to proceed to International Container Terminal Services Inc. (ICTSI) for the development and operations of the Iloilo Commercial Port Complex (ICPC), which has been renamed to Visayas Container Terminal (VCT).
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