Campos-led Del Monte Pacific Limited (DMPL) is talking to a potential investor for its US subsidiary, Del Monte Foods Holdings Limited (DMFHL), after deciding to let lenders take control of the unit instead of contributing $45 million for a dispute settlement. This comes after DMPL said its Board...
The uncertainties facing Asia and the Pacific are also an opportunity to build a more resilient and sustainable future, Asian Development Bank (ADB) President Masato Kanda said at the opening session of the multilateral lender’s 58th annual meeting of its board of governors in Milan, Italy....
The Manila-based multilateral lender Asian Development Bank (ADB) on Sunday, May 4, announced plans to expand its support for long-term food and nutrition security in Asia and the Pacific by $26 billion, raising its total commitment for food security initiatives to $40 billion for the period 2022...
The Armed Forces of the Philippines (AFP) and United States Armed Forces carried out a counter-landing and live-fire exercise in Cagayan on Saturday, May 3, showcasing its coordinated firepower and rapid response capabilities aimed at deterring a seaborne invasion. The simulation, which was part of...
Lottery firm Pacific Online Systems Corporation (POSC) is rethinking its investment into the online gaming business amid regulatory uncertainty due to government threats to ban Philippine inland gaming operators (PIGOs) if it gives rise to problems similar to that of Philippine offshore gaming...
The Japanese government will remain committed to providing the Philippines with much-needed equipment and support for maritime security to ensure a free and open Indo-Pacific region, Japanese Prime Minister Ishiba Shigeru said. Japan Prime Minister Ishiba Shigeru speaks during a news...
Belle's Tagaytay Highlands resort The SM Group’s leisure developer and gaming firm Belle Corporation reported a five percent improvement in net income of ₱462.4 million in the first quarter of the year from the ₱439.7 million recorded for the same period in 2024. In a disclosure to the...
Senior business leaders from across the 21-member Asia-Pacific Economic Cooperation (APEC) bloc voiced growing concern over recent, rapid changes in the global trade and financial landscape during the second APEC Business Advisory Council (ABAC) meeting of the year, held in Toronto, Canada. In a...
Leaders from De Los Santos Medical Center and mWell with guests and partner companies during the launch of the Corporate Clinic Management system powered by mWell HealthSuite. Metro Pacific Investment Corporation announced the partnership of its units mWell, the Philippines’ fully integrated...
Pacific Online Systems Corporation, the lottery unit of the SM Group’s Belle Corporation, reported that its consolidated earnings almost doubled to ₱25.3 million in the first quarter of 2025 from the ₱13.4 million posted in the same period last year due to higher dividend and lower interest...
The joint expressway project of Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) in Southern Tagalog is set to begin construction soon, even as merger talks between the tollway giants remain on the backburner. MPTC Chairman Manuel V. Pangilinan said the two companies have...
With President Marcos and Japanese Prime Minister Ishiba Shigeru scheduled to discuss regional maritime security, Department of Foreign Affairs (DFA) Secretary Enrique Manalo said that the upcoming visit of the Japanese leader next week shows the strength of the two countries relationship as...
