CREIT Q1 div unchanged y/y
Citicore Renewable Energy REIT [CREIT 3.20 unch] [link] declared a Q1 dividend of P0.049/share, payable on July 4 to shareholders of record as of June 9. The quarterly dividend is unchanged from what it delivered in Q1/24, and down 11% from the P0.055/share Q4/24 dividend declared by CREIT, which contained extra distributable income from CREIT’s profit-sharing […]
RR 8-2025: Stricter framework for requests for reconsideration of denied refund claims
On Feb. 27, 2025, the Bureau of Internal Revenue issued Revenue Regulations 8-2025, to streamline the procedure for handling requests for reconsideration of fully or partially denied claims for refund of creditable input taxes under Section 112(A) and (B) of the Tax Code; and excise tax paid on petroleum products under Section 135-A of the Tax […]
SEC to launch 3 sandbox participants
MANILA, Philippines — The Securities and Exchange Commission (SEC) is looking at potentially three sandbox participants launching their products and services in the local market soon. SEC commissioner McJill Bryant Fernandez said the commission has recently approved two sandbox applications that will offer capital market and IT-related products and services. “We’re just waiting for their […]
Government seeks another Japan loan for MRT-3
MANILA, Philippines — The Department of Transportation (DOTr) has requested for another loan tranche from Japan to extend the maintenance contract of the Metro Rail Transit Line 3 (MRT-3) for at least 30 months. As the build-lease-transfer (BLT) deal for MRT-3 nears expiry, the DOTr is negotiating with the Japan International Cooperation Agency (JICA) for […]
Filipino-American composer Susie Ibarra wins Pulitzer Prize for Music
MANILA, Philippines — Filipino-American composer and percussionist Susie Ibarra is latest recipient of the Pulitzer Prize for Music, joining other awardees recognized for their achievements in journalism, literature, and musical composition. Ibarra was recognized for her piece “Sky Islands,” which the awarding body described as “a work about ecosystems and biodiversity that challenges the notion of the compositional […]
PSE targets 97% stake to complete PDS takeover
MANILA, Philippines — The Philippine Stock Exchange Inc. (PSE) is putting the finishing touches on its takeover of the Philippine Dealing System Holdings Corp. (PDS), with a few more acquisitions on the table that will boost its stake to as high as 97 percent. While the PSE may end up short on getting 100 percent […]
Ahtisa Manalo ‘touched’ by Miss Universe PH 2025 batchmates’ reaction to her win
MANILA, Philippines — Miss Universe Philippines 2025 Ahtisa Manalo was deeply touched by the genuine happy reaction of her fellow queens when she was announced as the new Miss Universe Philippines last May 2. Ahtisa and her fellow Miss Universe Philippines 2025 queens graced their victory press conference held at Citadines Millennium Ortigas on May […]
After ‘The Last Goodbye,’ Joe D’ Mango, MavX plan more ‘Love Notes’ projects
Joe D’ Mango, the beloved radio DJ and relationship guru who now serves as a missionary pastor in Australia, is set to collaborate with MavX Productions for more “Love Notes” projects, following the recently released romantic drama, “The Last Goodbye.” Source link
Pope Leo tells media to shun divisions, urges release of jailed reporters
VATICAN CITY — Pope Leo XIV, in his first address to the media, on Monday, urged journalists to focus on reporting the truth instead of engaging in partisan divisions and called for the release of reporters jailed for doing their jobs. “The way we communicate is of fundamental importance: we must say ‘no’ to the war […]
FDI inflow declines sharply in February
MANILA, Philippines — Foreign direct investments (FDI) in the Philippines declined sharply in February as the Bangko Sentral ng Pilipinas (BSP) registered net inflows of $529 million, the lowest in two months or since the $110 million posted in December. The February figure marked a steep 61.9 percent drop from the $1.39 billion in net […]