TACLOBAN CITY – The Calbayog City government in Samar province has launched a localized fuel subsidy program to shield tricycle drivers and commuters from rising pump prices triggered by the ongoing Middle East crisis, officials announced Wednesday. Following a meeting with Petron...
Liberty Flour Mills Inc., the Philippine food manufacturer, has asked the Securities and Exchange Commission (SEC) to dismiss a complaint filed by minority shareholders, claiming it has already provided access to corporate records. Liberty Flour’s legal response from the publicly traded miller...
CAGAYAN DE ORO CITY – The city government joined the national government in implementing energy-saving measures to mitigate the effects of a possible fuel price increase brought by tensions in the Middle East. On Friday evening, Mayor Rolando Uy issued Executive Order (EO) 102-2026-A directing...
The Securities and Exchange Commission (SEC) has heeded the call of minority shareholders of Liberty Flour Mills Inc. (LFM) to look into the alleged violation of their right to inspect the company’s records and books of account. In a disclosure to the Philippine Stock Exchange (PSE), LFM said it...
Liberty Flour Mills Inc., a veteran food manufacturer, has been flagged by the Securities and Exchange Commission (SEC) for failing to disclose years of transactions with a distributor controlled by its own directors, according to regulatory filings. In a disclosure to the Philippine Stock...
PH Resorts Group Holdings Inc., the gaming firm led by Davao-based tycoon Dennis Uy, terminated partnership talks with EEI Corp. after the government’s gaming regulator revoked the license for its stalled casino project in Cebu. In a disclosure to the Philippine Stock Exchange on Thursday, Dec....
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...
