Nesthy Petecio, the country’s first silver medalist in women’s Olympics boxing, will receive a P10 million residential condominium unit in One Lakeshore Drive inside the 11.2-hectare Davao Park District in Lanang, Davao City from tycoon Dr. Andrew L. Tan. Silver medallist Philippines' Nesthy...
Instead of proceeding with caution as a result of President Duterte’s unabated tirades against the two water concessionaires of Metro Manila, the House of Representatives sped up the passage of bills extending their 25-year legislative franchises. Water pila Seven congressmen who voted against...
Real estate giant Ayala Land Inc. (ALI) posted a 34 percent jump in consolidated net income to P6 billion in the first half of the year as revenued rose 19 percent to P49 billion. In a disclosure to the Philippine Stock Exchange, the firm said it saw significant improvements in performance compared...
It will be business as usual for the international gateway ports of Asian Terminals Inc. (ATI) during the Enhanced Community Quarantine (ECQ) from Friday, August 6 to 20. To keep the supply chain from being disrupted, ATI will operate normally at the Manila South Harbor (MSH) and the Batangas...
Finance Secretary Carlos G. Dominguez III has assured hotel owners that the government is doing all it can to support the revival of more robust hospitality and tourism sectors in the post-pandemic era. But despite government’s effort to scale up the country’s mass vaccination program to fully...
As part of its continued network modernization, Globe Telecom Inc. has built at least 641 new cell towers and completed 8,175 site upgrades in the first half of 2021. 1200px-Globe_Telecom.svg The telco changed its obsolete 3G network to 4G Long Term Evolution (LTE) in Pangasinan, Misamis Oriental,...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 12 percent growth in consolidated net income to P11.6 billion in the first half of 2021 from P10.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
Broadcasting firm Philippine Collective Media Corporation (PCMC) has formalized its plans for a back door listing at the Philippine Stock Exchange through Prime Media Holdings Inc. (PMHI). In a disclosure to the Philippine Stock Exchange, Prime Media said it has signed a Memorandum of Agreement...
Greenergy Holdings Inc., the listed holding company of businessman Antonio Tiu, has sealed its investment in ABS-CBN's fintech company U-Pay Digital Technologies Inc. In a disclosure to the Philippine Stock Exchange, the firms said it has completed its move to acquire 51 million shares of stock of...
Malayan Insurance Co., Inc. remains ahead in the non-life business as global insurance ratings firm A.M. Best improved the local insurer’s credit rating outlook to “stable.” Despite the global pandemic and its effects on the Philippine economy, the Yuchengco-led insurance company said it...
Rice Watch Action Network, Inc. (R1) has raised concern over the government's approval of the commercial propagation permit of the so-called Golden Rice, a genetically modified (GM) rice variety infused with vitamin A. (Keith Bacongco/ File photo/ MANILA BULLETIN) In a statement, R1 cited the lack...
Philippine Sports Commission (PSC) Chairman Butch Ramirez and weightlifter Hidilyn Diaz during the 2019 Southeast Asian Games here. (PSC Instagram) The cash incentives continue to come to Hidilyn Diaz's way. The 30-year-old weightlifter is set to receive an additional P5 million from the Philippine...
