FLI to do P1.87-B voluntary tender offer via share swap for FILRT stocks
FILINVEST Land, Inc. (FLI) plans to make room for potential asset infusions into its real estate investment trust (REIT) company as the property developer’s board approved a P1.87-billion capped voluntary tender offer via a share-swap deal in exchange for Filinvest
Congress poised to pass short-term funding bill ahead of campaign’s final stretch
Congress has locked in plans to leave town Wednesday, as lawmakers move to quickly fund the government and then get out of town for six weeks of campaigning. The House and Senate are both poised to pass a short-term funding
ERC acting chairman takes up post as full operations resume
ANDREY METELEV-UNSPLASHTHE Energy Regulatory Commission (ERC) said it has returned to “functional and unhampered” operations with the installation of an acting chairperson.“Frontline services of the ERC will continue to be fully operational, ensuring that the concerns of consumers are promptly
July NFA palay procurement hits 10,045 MT
THE National Food Authority (NFA) said on Wednesday that it procured 10,045 metric tons (MT) of palay, or unmilled rice, in July, equivalent to 224,252 bags of 50 kilograms each.It said farmers were attracted to the high purchase price offered
Energy dep’t seeking up to $250M to derisk exploration for geothermal investors
FIRSTGEN.COM.PHTHE PHILIPPINES may need to obtain an initial $250 million to derisk projects for potential geothermal developers, the Department of Energy (DoE) said.“The de-risking facility is about $250 million,” Energy Assistant Secretary Mylene C. Capongcol said on the sidelines of