The Villar Group is diversifying into the tollway business with the acquisition of 100 percent of MCX Project Company, Inc. (MCXPCI) from Ayala Corporation for P3.8 billion. In a disclosure to the Philippine Stock Exchange, Ayala said it has signed an investment agreement with Prime Asset Ventures,...
LT Group, Inc. (LTG), the holding company of tycoon Lucio Tan, posted an unaudited net income of P20.25 billion last year, 3.7 percent lower than the P21.02 billion reported in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its tobacco business accounted for P17.43 billion or...
The Philippine Stock Exchange (PSE) has approved the P1.38 billion initial public offering (IPO) stock brokerage CTS Global Equity Group, Inc. which will list on the bourse’s Small, Medium, and Emerging Board. In a statement, the PSE said CTS Global will conduct its offering from March 29 to...
An alleged member of the terrorist Abu Sayyaf Group (ASG) yielded to the Philippine Army’s 18th Infantry Battalion in Basilan, the military said Sunday, March 20. (Courtesy of Western Mindanao Command) Lt. Gen. Alfredo Rosario Jr., commander of the Western Mindanao command (WestMinCom),...
K-pop boy band ASTRO member and actor Cha Eun-woo has tested positive for Covid-19 as South Korea grapples with a surge in new daily cases due to the spread of the Omicron variant. “Today (18th), ASTRO artist Cha Eun-woo conducted a preemptive rapid antigen test due to poor condition and...
Aboitiz Group, one of the country’s largest conglomerates, is increasing its capital expenditures by 152 percent to P69 billion this year from the P27 billion utilized in 2021. In a statement, the firm said on Friday, March 18, the substantial budget increase will be used to fund the growth plans...
CAMP VICENTE LM, Laguna – Investigators found persons of interest upon review by the Special Investigation Task Group (SITG) ‘America’ of the CCTV footage in areas where an attempt to assassinate Mayor Filipina Grace R. America of Infanta, Quezon happened, 18 days ago. Police Regional Office...
Senator Risa Hontiveros gained the support of a Bangsamoro organization and various cooperative groups in her reelection bid. Senator Risa Hontiveros (Photo courtesy of Hontiveros Office) The Bangsamoro Supports Leni for Justice and Peace (BSLJP) movement has named Hontiveros as one of the...
As part of its “tigil-palaot” or fishing strike protest amid the big-time oil price hike in the country, fishers’ group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) suspended their fishing operations on Tuesday, March 15. The protests were simultaneously held in major...
Figaro Coffee Group (FCG) is gearing up to expand its local store presence in order to cater to more Filipinos nationwide as the economy reopens further. In a disclosure to the Philippine Stock Exchange, the firm said it has upcoming store openings lined up in Lipa, Batangas; Ortigas business...
The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of stock brokerage firm CTS Global Equity Group, Inc. worth up to P1.38 billion. The Commission En Banc resolved to render effective the registration statement of CTS Global covering 6.88 billion common...
STA. MARIA, Bulacan—A bishop of a religious group from nearby Guiguinto town endorsed Tuesday, March 8 the candidacy of presidential aspirant Ferdinand "Bongbong" Marcos Jr. This developed even as his camp earlier called out the Catholic church for supposedly "meddling" in politics ahead of the...
