Copenhagen Infrastructure New Markets Fund (CINMF), an affiliate of Danish fund manager Copenhagen Infrastructure Partners (CIP), will be investing $5 billion to for the commercial development of three greenfield offshore wind farm projects that could bring in 2,000 megawatts of additional power...
The Jeep brand may be known for its all-conquering, rugged SUVs. This year, however, it hopes to cater to those seeking a more luxurious experience in the form of the new Grand Cherokee. The Grand Cherokee returns as the brand’s premium SUV, this time with luxurious leather seats,...
Ukraine's foreign minister is expected to visit the Philippines within this year. Denys Mykhailiuk, Chargé d'Affaires of the Ukrainian Embassy in Malaysia that has jurisdiction over the Philippines, said that Foreign Minister Dmytro Kuleba is thinking about flying to the country. He made the...
The Department of Education (DepEd) was urged to revert the school calendar of basic education to its pre-pandemic schedule as teachers and students in public schools endure the harsh heat in classrooms during the dry season. The Alliance of Concerned Teachers NCR Union (ACT NCR Union), in a...
A good idea. That's how Albay 2nd district Rep. Joey Salceda described the proposal from Malacañang to merge government financial institutions (GFIs) the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP). Salceda said in a statement Wednesday afternoon, March 29,...
Ukraine will be seeking manpower support from the Philippines in rebuilding its communities devastated in their ongoing war with Russia. Denys Mykhailiuk, Chargé d'Affaires of the Ukrainian Embassy in Malaysia that has jurisdiction over the Philippines, said Wednesday Kiev is looking at tapping...
Ukraine has proposed to supply the Philippines with more grain, one of its top exports, in a bid to help the country "balance" the prices of basic commodities. Denys Mykhailiuk, Chargé d'Affaires of the Ukrainian Embassy in Malaysia that has jurisdiction over the Philippines, issued the proposal as...
Organizers of the Little League Philippines Series are taking all steps to guarantee the safety of all participants in the finals scheduled April 9 to 16 in Ilagan, Isabela. A total of 63 teams culled from regional tournaments in Luzon, Visayas and Mindanao will take part in the finals that will...
Pangilinan-led Metro Pacific Investments Corp. (MPIC) is targeting to acquire up to 43-percent shareholdings in publicly listed SP New Energy Corp. (SPNEC). In a statement, it was disclosed that MPIC Chairman Manuel V. Pangilinan and SPNEC President and CEO Leandro Leviste signed the agreement for...
Land Bank of the Philippines is poised to overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders. Finance Secretary Benjamin E. Diokno said the government will merge the Development Bank of the...
The International Criminal Court (ICC) has rejected the Philippine government's request to suspend its ongoing investigation into former president Rodrigo Duterte's war on drugs. In a decision dated March 27, 2023, the ICC Appeals Chamber denied Manila's plea "in the absence of persuasive reasons in...
President Ferdinand "Bongbong" Marcos Jr. is keen on merging the Development Bank of the Philippines (DBP) and the Lank Bank of the Philippines (Land Bank), which he called as a game changer amid recent financial developments abroad. Marcos presided over a meeting with the economic team on Tuesday,...
