Among Asian currencies, the Philippine peso sustained the second-largest losses against the United States (US) dollar since the US Federal Reserve (Fed) meeting, with analysts blaming the country’s reliance on foreign capital and persistent current account deficit. While regional markets grappled...
The Sandiganbayan First Division on Monday, June 8, began the trial of former Health Secretary Francisco Duque III and former Department of Budget and Management (DBM) Undersecretary Christopher Lao over graft charges stemming from the alleged irregular transfer of ₱41.46 billion in Department of...
Ellen Adarna is earning praise from netizens after publicly expressing her appreciation for Isabel Santos, the girlfriend of actor John Lloyd Cruz, for the role she plays in the life of her son, Elias. The actress recently took to Instagram to share a heartfelt message for Santos following a...
Legendary talent maker Johnny Manahan, known in the industry as Mr. M, is leading TV5’s push to discover the next generation of Philippine entertainment stars through its newly launched talent arm, Star Worx. At 79, the former head of ABS-CBN’s Star Magic reaffirmed his reputation for spotting...
SAGIP Party-list Rep. Paolo Marcoleta was misgendered and then personally misattributed a popular quote from actor Piolo Pascual in one fell swoop Wednesday, April 29 during the House Committee on Justice 's impeachment hearing on Vice President Sara Duterte. It all started when justice panel...
The Philippine Stock Exchange (PSE) has approved the voluntary trading suspension sought by Asiabest Group International Inc. (ABG) in response to shareholder calls for transparency and to avoid speculation while awaiting the final appraisals of assets to be infused into the company. “The...
In line with its transformation into an infrastructure conglomerate, Asiabest Group International Inc. is offering shares worth up to ₱24.66 billion and acquiring the infrastructure and real estate companies of its chairman, Francis Lloyd Chua, for ₱15 billion. In a disclosure to the Philippine...
Construction tycoon Francis Lloyd Chua has taken over the chair of the board of directors of Asiabest Group International Inc. and replaced the Japanese directors representing the Okada Group’s Tiger Resort Asia Ltd. This comes after Chua’s Premiumlands Corp. (PLC) acquired control over...
Businessman Francis Lloyd Chua’s Premiumlands Corporation (PLC) and Industrial Holdings and Development Corporation (IHDC) have finally kicked off the P255 million tender offer for a third of the capital of Asiabest Group International Inc. held by the public. In a disclosure to the...
Tingog Party-list Rep. Jude Acidre (left), Lanao del Sur 1st district Rep. Zia Alonto Adiong (PPAB) House Assistant Majority Leaders Lanao del Sur 1st district Rep. Zia Alonto Adiong and Tingog Party-list Rep. Jude Acidre can't help but recall...
Premiumlands Corporation (PLC) and Industrial Holdings and Development Corporation (IHDC), both owned by Francis Lloyd Chua, are launching a ₱255 million tender offer for minority-held shares of Asiabest Group International Inc. (ABG). According to a disclosure filed with the Philippine Stock...
Asiabest Group International Inc. (ABG) will be transformed by businessman Francis Lloyd Chua’s PremiumLands Corporation (PLC) into an end-to-end infrastructure business group encompassing the whole industry ecosystem. In a disclosure to the Philippine Stock Exchange (PSE), ABG said it will...
