Abra Mining & Industrial Corp. has no revenue and zero analyst coverage. Yet, the loss-making mining company’s stock has more than doubled in 2021 and is also the most-traded name in the Philippines.
Firm With No Revenue Is the Most-Traded Philippine Stock With 103% Gain
Abra Mining & Industrial Corp. has no revenue and zero analyst coverage. Yet, the loss-making mining company’s stock has more than doubled in 2021 and is also the most-traded name in the Philippines.
China hopes PH LGUs will create ‘favorable business environment’ for foreign investors
The Chinese Embassy in Manila on Thursday said it is hopeful that local governments in the Philippines would help create a “favorable business environment” to increase its attractiveness to foreign …
Democracy ‘very much alive’ in Philippines despite slip in global ranking —Palace
Malacañang on Thursday downplayed the report of a London-based think tank that the Philippines remained under a “flawed” democracy.
Miss World Philippines has started screening for candidates to vie for the crowns
Kapuso artist Thia Thomalla has quite the support from pageant community after she posted something of a feeler on her Instagram account.
Philippines 55th of 167 countries in Democracy Index
The Philippines ranked 55th out of 167 countries in the Democracy Index 2020 released yesterday by London-based think tank the Economist Intelligence Unit, making it a “flawed democracy.” …
Philippines Signs Initial Deal With Moderna for Covid Vaccines
The Philippines has signed a preliminary deal with Moderna Inc. to supply its coronavirus vaccines to the Southeast Asian nation, with a final agreement likely this month.
Philippines to cut corporate tax to 25% to aid recovery from COVID
The Philippines is poised to cut income tax levied on companies under a proposed law that businesses have banked on to help them recover from the pandemic. The House of Representatives on Wednesday …
Coronavirus: Thai island set to reopen to vaccinated visitors; Philippines’ Duterte accuses EU of blocking vaccines
Elsewhere, New Zealand has approved the Pfizer/BioNTech vaccine for domestic use, and Russia expects India to approve its Sputnik V vaccine soon.
Philippines ends 2020 with slimmer P9.795-T gov’t debt, 54.5% of GDP
The Philippines closed 2020 with a running debt balance of P9.795 trillion as of end-December 2020, lower from a month ago level, due to the settlement of several domestic loans. Data released by the …