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...
AEV Chief Financial Officer Jose Emmanuel Hilado Aboitiz Equity Ventures, the investment holding company of the Aboitiz Group, is increasing its capital expenditure budget by 37 percent in 2025 to ₱105 billion while aiming to raise ₱119 billion to fund these investments and pay maturing...
In a groundbreaking move, Aboitiz InfraCapital Economic Estates convened key leaders from government, industry, and the academe at its pioneering Industrial Summit 2025, held at the New World Makati Hotel on April 25, 2025. Under the theme, “Masterplanning the Industrial Landscape in the...
President Marcos has designated lawyer Rafael Vicente Calinisan as vice chairperson and executive officer of the National Police Commission (Napolcom). Napolcom Vice Chairperson Rafael Calinisan (Photo courtesy of Tarlac Police Provincial Office) Executive Secretary Lucas Bersamin confirmed...
DAVAO CITY – The local government unit of Matalam in Cotabato province has stepped in to resolve the land conflict in the remote Barangay Ilian after tensions sparked on Tuesday, Feb. 25. VICE Mayor Ralph Ryan Rafael facilitates a dialogue in Barangay Ilian, Matalam, Cotabato....
As we step into 2025, the real estate industry stands at a pivotal moment. Constantly evolving, the sector is shaped by technological advancements transforming urban landscapes, the growing emphasis on sustainability, and the rapid shift in consumer preferences. To navigate the complexities of the...
While there have been potential foreign institutions interested to invest in the country's first sovereign wealth fund, it has yet to secure any investment from President Marcos' foreign trips. MIC President Rafael Consing Jr. (RTVM) "Wala pa (Nothing so far)," Maharlika Investment Corporation...
The Maharlika Investment Corporation (MIC) has expressed interest in acquiring China's stake in the National Grid Corporation of the Philippines (NGCP), following its recent share acquisition in Synergy Grid and Development Philippines Inc. (SGP). In a briefing on Tuesday, Jan. 28, MIC President...
MELBOURNE, Australia (AP) — And then there was one: The Big Three is down to just Novak Djokovic, who stands alone from a golden generation of men’s tennis now that Rafael Nadal has joined Roger Federer in retirement. The Australian Open, which started Sunday, is the first Grand Slam tournament...
Woman Grandmaster Janelle Mae Frayna slammed Polish influencer and content creator Agon Hare of Project Nightfall after allegedly posting “fake news” about young Filipino chesser Bince Rafael Operiano. In a lengthy post on Facebook Tuesday, Jan. 7, Frayna explained what really occurred and...