Balance needed between rice and high-value crops
If we are to succeed in agriculture, food security and our farmers’ welfare, we have to correct the imbalance on budget support between rice and high-value crops (HVC). The Department…
Ayala Group inks power plant deal with Marubeni unit
The Ayala group through AC Energy Philippines Inc. (ACEPH) has signed a shareholders’ agreement with a unit of Marubeni Corp. related to a joint venture for a 150-megawatt diesel-fired power…
Tan siblings out of PAL board
Philippine Airlines (PAL) saw a boardroom shakeup on Thursday with the surprise exit of siblings Michael Tan and Vivienne Tan, children of billionaire and PAL owner Lucio Tan. The changes…
New record in virus cases pulls down PSEi for 3rd day
The local stock barometer slipped for the third straight session on Thursday as the number of new coronavirus disease cases continued to rise while foreign funds continued to flow out.The…
Ready to pop: First REIT’s birthing priced at P27 per share
The first real estate trust fund (REIT) in the country, Ayala Land Inc. (ALI)-backed AREIT Inc., has priced its initial public offering (IPO) at P27 per share, a level seen…