In a management takeover, President Marcos’ brother-in-law, Gregorio Araneta III, is divesting his entire 57 percent stake in the publicly listed gaming firm PhilWeb Corp. for ₱1.8 billion in favor of two firms, one of which is headed by PhilWeb’s President, Edgar Brian K. Ng. PhilWeb...
BACOLOD CITY – The police chief and two personnel of the E.B. Magalona Municipal Police Station in Negros Occidental were relieved from their posts after a 58-year-old rape suspect escaped from their custodial facility recently. The Police Regional Office-Negros Island Region (PRO-NIR)...
Amid the recovery of the consumer market, billionaire Manuel B. Villar Jr. is strengthening management of AllHome Corp. and AllDay Marts Inc. by hiring two retail veterans as their new presidents. In a disclosure to the Philippine Stock Exchange (PSE), AllHome said Frances Rosalie T. Coloma has...
The E.B. Magalona Municipal Police Station in Negros Occidental is offering a P20,000 cash reward to anyone who can provide information on the whereabouts of a 58-year-old rape suspect, who escaped the station 's custodial facility, a week after his apprehension. A flash alarm was posted by...
The Securities and Exchange Commission (SEC) has fined Villar Land Holding Corp. and its officers a total of ₱12 million after denying the company’s request for an extension to file required financial reports, citing repeated failure to meet deadlines. The SEC’s investigation was prompted by...
Top hitter Nguyễn Thị Bích Tuyền has opted to withdraw from the Vietnam national team a few days before the start of FIVB Women’s Volleyball World Championship in Thailand. Tuyền begged off to participate in the global meet slated Aug. 22 to Sept. 7 due to personal and family reasons...
The Gotianun Group’s Filinvest Development Corp. (FDC) has appointed John Richard B. Sotelo as its new Chief Marketing Officer, poaching the veteran executive from rival Robinsons Land Corp. (RLC). In a disclosure to the Philippine Stock Exchange, FDC, which also has interests in real estate...
ILOILO CITY – Two books were launched on the Indigenous Peoples of Panay and Guimaras Islands in time for the International Day of the World’s Indigenous Peoples (IPs) on Saturday. “Panagway” and “Bádbad” were unveiled at the Iloilo City campus of the University of the Philippines...
PHINMA Corp. reported a consolidated net loss of ₱226.92 million in the first half of 2025 from a profit of ₱170.93 million in the same period last year due to losses of its construction materials and property units amid “pressure from the macroeconomic environment and the impact of seasonal...
Real estate magnate Manuel B. Villar Jr. ranks as the only Filipino in the top 100 of Bloomberg’s Billionaire’s Index, a list of the world’s 500 richest based on their total net worth. Villar placed 99th in the list with a net worth of $23.1 billion, $617 million or 2.7 percent more than a...
Phinma Education Holdings Inc., a subsidiary of Del Rosario-led Phinma Corp., is aiming to venture into Vietnam in two years’ time while continuing to expand its footprint in Indonesia and the Philippines In an interview, Phinma Education President Chito B. Salazar said “We’re hoping we can...
Century Properties Group Inc. (CPG) welcomed the state-run pension fund Social Security System (SSS) as its anchor investor after the fund acquired ₱500-million worth of shares from the Antonio family through a block sale. In a statement, the firm said the acquisition of a strategic stake from...
