NOTICE OF ANNUAL STOCKHOLDERS’ MEETING TO ALL STOCKHOLDERS: NOTICE IS HEREBY GIVEN that the Annual Stockholders’ Meeting of FILINVEST REIT CORP. (“FILRT”) will be conducted virtually on November 18, 2021 (Thursday) at 9:00 AM at which meeting the following matters shall be taken up: I. Call to Order II. Proof of Notice of Meeting III. […]Read More

philippine star/Michael Varcas By Jenina P. Ibanez, Reporter THE National Government’s deficit widened in September as spending outpaced a smaller increase in revenue collection, the Bureau of the Treasury (BTr) reported. Preliminary data from the BTr showed the fiscal gap expanded by 30% to P180.9 billion in September from P138.5 billion a year earlier. The […]Read More

BW FILE PHOTO By Luz Wendy T. Noble, Reporter THE Bangko Sentral ng Pilipinas (BSP) is considering testing P1,000 banknotes made of a “more durable” polymer material next year. The central bank is also looking at how limited testing circulation of these polymer banknotes could impact the domestic abaca industry as abaca has been used […]Read More

Jeepney drivers are being affected by the continued surge in pump prices. — Philippine Star/Michael Varcas THE government plans to release P1 billion in cash grants for public utility vehicle (PUV) drivers this year in response to soaring pump prices. The funds will be distributed under the Pantawid Pasada Program of the Land Transportation Franchising […]Read More

philippine star/Michael Varcas THE Department of Budget and Management (DBM) said it has released P690.26 billion in funds supporting the government’s coronavirus response programs. As of Sept. 30, or the end of the third quarter, the government has disbursed P570 billion or 89.4% of the total, DBM said in a press release on Monday. Meanwhile, […]Read More

philippine star/Michael Varcas THE Department of Budget and Management (DBM) said it has released P690.26 billion in funds supporting the government’s coronavirus response programs. As of Sept. 30, or the end of the third quarter, the government has disbursed P570 billion or 89.4% of the total, DBM said in a press release on Monday. Meanwhile, […]Read More

MANILA Electric Co. (Meralco) posted a core net income of P6.66 billion in the third quarter of 2021, up by 29.7% from a year ago, brought in part by higher energy sales with the easing of quarantine restrictions, the country’s largest power provider said on Monday. Its reported net income, which excludes one-off items, also […]Read More

Southwoods Office Towers in Binan, Lagun MEGAWORLD Corp. said it had surpassed its office lease target in the three quarters to September, with 214,000 square meters (sq.m.) of office take-ups logged despite quarantine restrictions. In a disclosure to the exchange on Monday, the company said office leasing was 12% higher than the 191,000 sq.m. recorded […]Read More

LIGHT Rail Manila Corp. (LRMC), the private operator of Light Rail Transit Line 1 (LRT-1), announced on Monday that it received more fourth-generation (Gen-4) trains, which will be deployed for revenue use by mid-2022. “Each Gen-4 train set consists of 4 light rail vehicles (LRVs) with a total capacity of 1,300 passengers per trip,” LRMC […]Read More

THE DEPARTMENT of Agriculture (DA) said it is studying a suggested retail price (SRP) scheme for fertilizer as prices rise in the wake of China’s export curbs and as food demand surges alongside a recovering global economy. Agriculture Undersecretary Leocadio S. Sebastian said in a virtual briefing Monday that the trigger event could be a […]Read More