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PSE pauses SPNEC s trading; lifts DFNN trading suspension

SHARES of SP New Energy Corp. (SPNEC) were suspended for trading at the Philippine Stock Exchange starting on Friday after it fell below the minimum public float of 20 percent, while the bourse will lift its trading suspension on the shares of information-technology management services company DFNN beginning today, as…

Stock-Market Outlook | VG Cabuag

Last week SHARE prices slid slightly last week as the main index shrugged off the gross domestic product (GDP) figures for 2022 of 7.6 percent, touted by officials as the country’s highest in 46 years. The benchmark Philippine Stock Exchange index fell 4.46 points to close at 7,052.16 points. The…

Rakuten adds features to Viber | Roderick Abad

RAKUTEN Group Inc. announced it launched two new features of its Viber product in a bid to develop the messaging app into a one-stop-shop platform this year. According to Rakuten Viber Chief Revenue Officer Cristina Constandache, their ambition is to help brands build awareness, generate interest, drive conversion down to…

SMC Global Power to find legal options vs ERC order

SMC Global Power Holdings Corp. (SMCGP) said it would pursue all available legal remedies after its unit failed to secure a temporary restraining order (TRO) to prevent the Energy Regulatory Commission (ERC) from enforcing its September 2022 order. The next legal steps, SMCGP said, is “in line with our fiduciary…

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