Ayala Corp., through its retail arm ACX Holdings Corp., has signed a new memorandum of understanding (MOU) with CP AXTRA, Asia’s leading operator of wholesale and retail businesses Makro and Lotus’s, expanding their partnership to explore the development of new businesses and co-investments in...
Cebu Archbishop Alberto Uy has directed all parishes and rectories under the Archdiocese of Cebu to undergo structural assessments following the magnitude 6.9 earthquake that struck northern Cebu on the evening of September 30. Through Archdiocesan Chancellor Msgr. Renato Beltran Jr., the...
CEBU CITY – The newly installed archbishop of the Archdiocese of Cebu urged the faithful to pray as the nation continues to grapple with allegations of massive corruption in government infrastructure projects. Archbishop Albert “Abet” Uy said the faithful can turn to prayers as the quest to...
CEBU CITY – Archbishop-designate Alberto “Abet” Uy vowed to join the fight against anomalous infrastructure projects. “Dinhi sa Cebu, kauban ko ninyo sa pagdumili sa ghost projects (Here in Cebu, I join you in rejecting ghost projects),” Uy said on Monday, Sept. 29. Uy expressed his...
Zobel-led Ayala Corp. continues to expand its investments in the retail business by partnering with CP AXTRA, Asia’s leading operator of wholesale and retail businesses, including Makro and Lotus, to bring the “big box” Makro stores to the Philippines. Pilipinas Makro, a joint venture between...
Shareholders of Liberty Flour Mills Inc. have requested that the Securities and Exchange Commission intervene and investigate alleged irregularities involving the company, as well as the ₱804.7 million in uncollected receivables from its distributor, Parity Values Inc. (PVI). Through their...
The telecommunications industry is urging the government to ensure strong safeguards for consumers under the implementing rules and regulations (IRR) to be crafted for the Konektadong Pinoy Act, which recently lapsed into law. The bill, also known as the Open Access in Data Transmission Act,...
Just days away from its potential passage into law, the leading figure behind Converge ICT Solutions Inc. expressed support for the contentious Konektadong Pinoy bill, in contrast to the opposition voiced by other major players in the telco industry. Despite his company being among the four leading...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. (PHR) has already written-off its investments in its shelved Emerald Bay integrated casino-resort project in Mactan, which led to a ₱6.75-billion net loss for the first half of 2025. The firm informed the Philippine Stock Exchange (PSE)...
It’s been a while, but Malacañang remains tight-lipped on the “Konektadong Pinoy” bill that aims to provide free Wi-Fi access, especially in Geographically Isolated and Disadvantaged Areas (GIDA), by liberalizing the telecommunications sector and expanding data connectivity. Yes, Virginia,...
CEBU CITY – Describing it as evil, incoming Cebu Archbishop Alberto Uy has called for a total ban on online gambling. In a statement released on Friday, July 25, Uy urged President Ferdinand R. Marcos Jr. and lawmakers to permanently ban online gambling in the country, saying “it robs people of...
Fiber broadband and technology provider Converge ICT Solutions Inc. said its data center in Caloocan City, which is expected to boost the firm’s data delivery capacity, has completed construction with operational testing already underway. Converge said its Caloocan Data Center finished...
