Bankers Florido P. Casuela (left) and Edwin R. Bautista (right) Taipan Lucio Tan’s Philippine National Bank is replacing its current President and CEO Florido P. Casuela with former Union Bank of the Philippines President Edwin R. Bautista effective April 29, 2025. In a disclosure to the...
GT Capital Holdings Inc., the investment arm of the Ty family, reported a two-percent dip in consolidated net income to ₱28.8 billion for 2024, from the ₱29.3 billion it earned in 2023, due to non-recurring gains in the previous year. Excluding non-recurring gains from lot sales and incentives...
The Philippine National Police has designated Police Col. Fidel Bautista Fortaleza Jr. as Zamboanga City Police Office chief. FORTLEZA (ZCPO photo) The designation was contained in a memorandum from the Police Regional Office-9 dated March 20. Fortaleza replaced Police Col. Kimberly Molitas. The...
Department of Transportation (DOTr) Secretary Vince Dizon has emphasized the need to expand the government’s partnership with the private sector to enhance the efficiency of the country's transportation system. The newly minted Dizon issued this statement on Monday, Feb. 24, during the turnover...
Rumors are rife and cannot be outrightly dignified. This was how Malacañang responded to rumors of a looming Cabinet revamp, claiming that two more Cabinet members, aside from Transportation Secretary Jaime Bautista, have stepped down from their posts. Executive Secretary Lucas Bersamin (John...
Albay 2nd district Rep. Joey Salceda (left), newly-installed DOTr Secretary Vince Dizon House Committee on Ways and Means Chairman Albay 2nd district Rep. Joey Salceda says he is "looking forward" to working with newly-installed...
Big business on Sunday, Feb. 9, urged the Metropolitan Manila Development Authority (MMDA) to maintain and improve the dedicated lanes for buses and motorcycles on the main thoroughfare EDSA to decongest vehicular traffic. "Any talk of possible dismantling of the EDSA Carousel Line at this stage...
Department of Transportation (DOTr) Secretary Jaime Bautista is confident that the upcoming election ban on government projects will not affect the agency’s big-ticket infrastructure projects. DOTr Secretary Jaime Bautista speaks to the media during a Palace press briefing. (RTVM...
GT Capital Holdings Inc., the investment arm of the Ty family, reported a six percent dip in consolidated net income to P21.7 billion for the first nine months of 2024 from P23.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said that,...
Aboitiz-led Union Bank of the Philippines (UnionBank) and the ATRAM Group have entered into an investment agreement to merge their respective trust subsidiaries. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank announced that it will hold a 27.5 percent ownership stake in ATR...
The Department of Transportation (DOTr) announced on Thursday, Nov. 7, that the Phase 1 of the Light Rail Transit-1 (LRT-1) Cavite Extension will be operational starting this month. The start of test runs for Phase 1 of the LRT-1 Cavite Extension project (Photo from the Light Rail Manila...
Department of Transportation (DOTr) Secretary Jaime Bautista assured some 4.5 million passengers going to the provinces for the All Saints’ Day, or Undas, that the government is ready for the sudden influx of travelers. “Mayroon kaming (We have), every year, we have this Oplan Biyaheng...