A wholly owned subsidiary of Philex Petroleum Corp. has suspended its coal operations to review the viability of the business and its prospects in view of the “unexpected change in market conditions.”
At least 27 listed companies face trading suspension by the first trading day of 2013 if they would not be able to raise their public float to at least 10 percent as required by the Philippine Stock Exchange.
The Chamber of Mines of the Philippines (COMP) on Monday said it supported the recent government suspension of a foreign-led mining operation that was contributing to the environmental concerns in its host province.
While Filipinos love to personalize cars, many of us fail to realize that in doing so, there are compromises we should be prepared to make, be it in our driving style, the life expectancy of the parts we replaced or changed, and the associated parts of the modified or replaced component, and even the overall feel of the vehicle. Here are some helpful reminders:
The Philippine Stock Exchange has suspended the stock trading license of Gatchalian-controlled brokerage firm Westlink Global Equities Inc. for 15 days, due to alleged “manipulative practices.” A memorandum issued on Thursday by the PSE’s market regulation division said the PSE’s market integrity board had suspended Westlink from the trading floor from June 29 to July [...]
Pacific Nickel Philippines Inc. (PNPI), a subsidiary of Philnico Processing Corp., is fighting the government’s suspension order over its operations in the Surigao Mineral Reservation. In a statement, PNPI president and CEO Evaristo M. Narvaez Jr. said the miner had been paying its dues to the government, contrary to the finance department’s claim. PNPI, which [...]
