The Philippines is at the “right moment” to begin pushing for nuclear energy use amid its aim to achieve energy security and reduce its reliance on fossil fuels like coal, the International Atomic Energy Agency (IAEA) said. IAEA Director General Rafael Mariano Grossi made this remark during the...
Alex Eala received one of the biggest cheers from none other than tennis legend Rafa Nadal following her historic Women’s Tennis Association (WTA) victory at the Guadalajara 125 Open in Mexico over the weekend. In a social media post on Sunday, Sept. 7, the retired former No. 1 Spanish player...
Around ₱5 billion worth of investments is the figure Maharlika Investment Corp. (MIC) has set upon entering a partnership with Saudi Arabia-backed ACWA Power to develop renewable energy (RE) projects that will supply electricity to nearly 500,000 off-grid households in the Philippines. Winchell...
Maharlika Investment Corp. (MIC) has entered into a partnership with Saudi Arabia-backed ACWA Power to develop renewable energy (RE) projects that will bring electricity to off-grid islands in the Philippines. In a LinkedIn post on Sunday, Aug. 24, MIC President and Chief Executive Officer (PCEO)...
The Aboitiz and Yuchengco groups have secured their respective boards’ approval for a planned joint venture to significantly expand the TARI Estate in Tarlac by 184 hectares to 384 hectares. The joint venture agreement is between LIMA Land, Inc., a wholly owned subsidiary of Aboitiz InfraCapital...
Were there Philippine National Police (PNP) personnel involved in the high-profile disappearance of at least 34 “sabungeros” or cockfight enthusiasts four years ago? This is now the million-dollar question that the National Police Commission (Napolcom) wants to find answers to. Napolcom Vice...
A business delegation composed of at least 20 Australian mining companies will come to the Philippines in the second half of 2025 to explore opportunities amid renewed interest among foreign investors in the extractive sector. "There will always be plenty of business missions [from Australia]. We...
The Philippine National Police (PNP) will see to it that high-profile individuals evading the law are apprehended even if it requires the use of force, the nation’s top police official said on Friday, June 6. PNP Chief, Police General Nicolas Torre III said continuous manhunt operations are...
Maharlika Investment Corp. (MIC) President and CEO Rafael Jose Consing Jr. has submitted his courtesy resignation, along with the firm’s board of directors, which comes amid the newly formed firm’s planned investment rollout. “I have submitted my unqualified courtesy resignation,” told...
Logistics solutions provider Airspeed is projecting a 10 percent decline in its export service this year, as prospective buyers of Philippine products are holding off their orders ahead of the reimplementation of the United States’ (US) tariff policy. Airspeed Group President Rosemarie Rafael...
As sovereign wealth funds (SWFs) abroad also eye the Philippines ' mining sector, Maharlika Investment Corp. (MIC) is stepping up to serve as a vehicle for co-investments. MIC President and Chief Executive Officer (CEO) Rafael D. Consing Jr. told Manila Bulletin last May 8 that an SWF "near...
Maharlika Investment Corp. (MIC), which manages the Philippines ' first sovereign wealth fund, is eyeing at least three new investments before the year ends, aiming to bring total capital commitments to as much as ₱37 billion just two years into its establishment. In a telephone interview on...
