Three suspected Abu Sayyaf Group (ASG) militants, including the alleged brother of notorious ASG sub-leader and bomb expert Mudzrimar "Mundi" Sawadjaan, were killed Friday, April 23, in a series of operations in Sulu and Basilan, the Western Mindanao Command (WestMinCom) said. Lt. Gen. Corleto...
Jollibee Group Foundation (JGF) and Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) have forged a joint research deal that targets to increase onion production in the Philippines as well as improve the local supply systems. A statement showed that SEARCA and...
Presidential Adviser on Entrepreneurship Joey Concepcion highlighted the importance of boosting the confidence of the public on coronavirus (COVID-19) vaccines, saying the shots that the Philippines is trying hard to procure will be useless if the people will refuse to take the jab. Presidential...
Manila has the second-highest rent prices among six major cities in Southeast Asia right after Singapore, according to a new research. Based on iPrice Group’s research , living in Manila can be quite a challenge, especially monetarily. The meta-search group gathered the estimated monthly cost of...
Businessman Manuel V. Pangilinan has opened the MVP Group’s emergency quarantine facility with 240 individual air-conditioned quarantine tents and beds in Antipolo, Rizal for employees with asymptomatic to mild cases of COVID-19. This emergency quarantine facility will help decongest hospitals in...
The local stock market is seen to continue to be weighed down by concerns over the COVID-19 pandemic although upcoming annual stockholders’ meeting may also influence investors depending on the tone they set. “Next week, we still see a downward bias for the local market as pandemic worries are...
The recurring gas production restriction from the Malampaya field will de-rate anew the electricity generation of the 1,200-megawatt Ilijan gas-fired power facility in Batangas, one of the biggest power plants in the country. In an advisory sent by state-run National Power Corporation to plant...
Cebu-based retailer Metro Retail Stores Group, Inc. (MRSGI) suffered a net loss of P449.6 million last year from the net income of P775.6 million recorded for 2019. In a disclosure to the Philippine Stock Exchange, the firm said the decline was due to a pandemic-driven 15.0 percent decrease in net...
With the rumors circulating that Gucci's Alessandro Michele has collaborated with the house of Balenciaga's Demna Gvasalia, fashionistas are quick to celebrate in excitement with this latest development from Kering Group. The apparent source of the rumor stems from Italian market reports, as first...
Filipinos are more interested in Ivermectin, the unapproved drug treatment for COVID-19, than vaccine registrations and oxygen tanks, research showed. iPrice Group, a meta-search website which shared its recent study, said that based on their research there was only an estimate of 1,430...
Max’s Group, Inc., the country’s largest casual dining restaurant group suffered a net loss of P1.68 billion last year from a net income of P724.23 million in 2019 due to the pandemic and a one time loss. In a disclosure to the Philippine Stock Exchange, the firm said the 2020 loss includes...
Global Ferronickel Holdings, Inc. (FNI), the second-largest nickel producer in the country, is targeting to ship 6 million wet metric tons (WMT) of nickel ores this year on the back of expanded operations. This is higher than the 5.62 million WMT of nickel ores the company shipped in 2020, said FNI...
