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Thursday, May 2, 2024

Biz Plus

BAP sets terms for sale of 20% stake in PDSHC

The Bankers Association of the Philippines (BAP) is willing to sell its stake in Philippine Dealing System Holdings Corp. (PDSHC) to the Philippine Stock Exchange (PSE) at the “right conditions”. BAP president Jose Teodoro Limcaoco said in a recent interview the group engaged a third-party adviser to determine the value of the group’s shares in PDSHC. The adviser, however, has yet to finalize the fair valuation for BAP’s 20-percent interest in...

US reiterates support for Luzon economic growth corridor

A United States official reiterated Washington’s support for the Luzon Economic Corridor’s...

Economic czar recognizes SEC for pushing capital market reforms

Special Assistant to the President for Investment and Economic Affairs Frederick Go...

PHINMA pursues expansion of education, construction units

PHINMA Corp. plans to pursue the expansion of its business units as...

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ICTSI subsidiary transforms Iloilo port as major trade hub

The Visayas Container Terminal (VCT), operated by International Container Terminal Services Inc. (ICTSI), is transforming the Iloilo Commercial Port Complex (ICPC) into a major...

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