DMCI Holdings Inc. expects to complete the process of acquiring 89.86 percent of Cemex Holdings Philippines by end-November after recently securing the greenlights for the $305.6 million deal. In an interview, DMCI Chief Finance Officer Herbert M. Consunji the next step after the PCC approval...
The Commission on Appointments (CA) has approved in a plenary session the ad interim appointments and nominations of 32 generals/flag officers and senior officers of the Armed Forces of the Philippines (AFP). The CA's Committee on National Defense approved the promotion of the following generals...
Senators on Wednesday, September 4 lauded the efforts of authorities, particularly Indonesian police force, for the successful apprehension of former mayor Alice Guo. “I hail the arrest of Alice Guo in Indonesia. She can now be brought to justice and, hopefully, also shed light on illegal POGO...
Pangilinan-led Manila Electric Company is gaining a firmer control over SP New Energy Corporation (SPNEC) by raising its interest to 50.5 percent with the acquisition of an additional stake worth P7.5 billion from its founder Leandro Leviste. Meralco PowerGen Corporation (MGen) is buying another...
Allen Ricardo aims to bring his wealth of experience from Letran's junior program to his new tenure as Knights' head coach in the centennial season of the NCAA. Letran head coach Allen Ricardo (NCAA Images) Ricardo, who was the architect behind the Squires’ back-to-back championship runs in...
As part of its efforts to curb the further transmission of the viral disease, the Department of Health (DOH) announced on Tuesday, Sept. 3, that it would soon release mpox guidelines for various settings and establishments. (DOH / MANILA BULLETIN) “The DOH is preparing to release specific mpox...
Teachers expressed outrage on Tuesday, Sept. 3, over allegations of budget misuse under Vice President Sara Duterte’s leadership at the Department of Education (DepEd). Vice President and former DepEd Secretary Sara Duterte (MB Visual Content Group) The allegations emerged following a House...
Reigning champion San Beda University is expecting a tough task against its familiar rivals when it opens its title defense in the NCAA Season 100 on Saturday, Sept. 7, at Mall of Asia Arena in Pasay City. After defying odds to reclaim the crown and notch their 23rd overall crown in Season 99, all...
Senator Raffy Tulfo met with various heads of government agencies online amid the Senate work suspension to ensure public safety amid the inclement weather brought by Tropical Storm Enteng on Monday, September 2. Tulfo, who chairs the Senate Committee on Public Services immediately warned the...
Government debt soared to a record high in July, driven by the depreciating peso against the US dollar that contributed to the double-digit rise in foreign obligations. Data from the Bureau of the Treasury, released on Wednesday, Sept. 3, showed that the national government's outstanding debt...
A high-profile Australian trade and investment mission is scheduled to take place in Manila this week, aimed at strengthening economic ties between Australia and the Philippines. The delegation, comprising 14 Australian businesses and led by Shemara Wikramanayake, managing director and chief...
SKOGSFRÄKEN pillows and MURVEL shoe organizer With the Christmas spirit in the air, IKEA Philippines is marking the season with its largest price adjustment ever. True to its vision to “create a better everyday life for the many people,” IKEA Philippines continues to step up with...
