Razon-led International Container Terminal Services, Inc. (ICTSI) reported a 31 percent increase in attributable net income in the first nine months of 2024 to $632.6 million from $484.5 million in the same period last year on the back of higher operating income. In a regulatory filing on Tuesday,...
Senator Ronald "Bato" Dela Rosa said on Tuesday, Nov. 5, that he's keen on questioning the Senate leadership should it submit a certified copy of the transcript of the Senate's drug war probe to the International Criminal Court (ICC). This was after Senate President Francis "Chiz" Escudero stated...
Megawide Construction Corporation has opted to completely divest its remaining minority stake in Aboitiz GMR Megawide Cebu Airport Corporation’s (AGMCAC) operator of the award-winning Mactan Cebu International Airport (MCIA) for P7.76 billion. In a disclosure to the Philippine Stock Exchange,...
Mondelēz International’s Global People Services recently inaugurated its new and bigger facility in Pasig City, Metro Manila. This modern facility marks the expansion of its Philippine office, which supports the operations of snacks company Mondelēz International globally, further...
As the Japan International Cooperation Agency (JICA) plans to raise 30 to 40 billion Japanese yen (up to about P15 billion) from its forthcoming gender bond issuance, its chief representative in the Philippines is on the lookout for local projects they can fund, especially in war-torn Mindanao. On...
Gabriela Party-list Rep. Arlene Brosas (left), former president Rodrigo Duterte (Gabriela Facebook, Bong Go Facebook) Former president Rodrigo Duterte's admission of responsibility for his infamous war on drugs further justifies the...
The Philippine government is eyeing seven more transportation projects aimed at improving public infrastructures in the country, Department of Transportation (DOTr) Secretary Jaime Bautista said on Monday, Oct. 28. Taguig International Terminal Exchange (DOTr photo) In a Palace press...
DEIR AL-BALAH, Gaza Strip (AP) – Israeli strikes on northern Gaza have killed at least 22 people, mostly women and children, Palestinian officials said Sunday, as its offensive in the hard-hit and isolated north entered a third week and aid groups described a humanitarian catastrophe. The...
By DERCO ROSAL The International Monetary Fund (IMF) expects a wave of interest rate cuts among Asian central banks, driven by strong economic performance, even as it cautions that trade fragmentation could hinder global growth. Domestic demand in advanced Asia is set to strengthen, while emerging...
Wind turbines operate at the Klettwitz Nord solar energy park near Klettwitz, Germany, Tuesday, Oct. 15, 2024. (AP Photo/Matthias Schrader) The world is set to make abundant energy by the second half of the decade as the production of batteries and solar panels surges — but there'll also be...
A Mauritius-based fund manager is eyeing a $50-million investment from the International Finance Corp. (IFC) to support medium-sized firms in the South and Southeast Asian regions, including the Philippines. The IFC disclosed on Oct. 22 that Creador Management VI Ltd. sought funding from the World...
Senator Grace Poe said on Thursday, Oct. 24, that the malfunction of the baggage handling system which plagued hundreds of passengers at the Ninoy Aquino International Airport (NAIA) Terminal 3 must be resolved in the airport's ongoing rehabilitation. "The technical issue must be resolved with the...
