FACEBOOK.COM/OFFICIALACENAyala-led AC Energy Corp. is swapping some of its assets for shares in its oil and gas exploration unit ACE Enexor, Inc. in a deed of assignment that the two entities signed earlier this week.In separate disclosures on Friday, the

Philippine Airlines (PAL) planes are seen parked on tarmac in Manila International Airport in Pasay city, Sept. 9, 2014. — REUTERS/ROMEO RANOCO/FILE PHOTOPAL Holdings, Inc. has filed an application with the Securities and Exchange Commission (SEC) for a capital increase

UNSPLASHBy Luz Wendy T. Noble, Reporter More foreign portfolio investments entered the Philippines than they left in November, amid improving economic conditions that boosted investor sentiment, according to the central bank. So-called hot money posted a net inflow of $109.56 million last month, 52% lower than

President Rodrigo R. Duterte has vetoed three minor items in the 2022 budget without funding, according to the Budget department. “The vetoed items were not crucial,” Budget officer-in-charge Tina Rose Marie L. Canda told an online news briefing on Friday in Filipino. Among the vetoed items is the application of the Agrarian Reform law

PHILIPPINE COAST GUARD FACEBOOK PAGECrop damage from Typhoon Rai has reached P9 billion covering 12 regions and more than 350,000 hectares of farmland, the Agriculture department said on Friday. Production losses hit 194,671 metric tons (MT), affecting 132,658 farmers and fisherfolk, it said