The Consunji family’s privately-held holding company Dacon Corporation is infusing P10 billion into DMCI Holdings Inc. via a private placement of convertible Class B preferred shares to fund the acquisition of the majority stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the...
Senator Ronald “Bato” Dela Rosa on Monday, August 19 apologized to Antipolo City 2 nd District Representative Romeo Acop, saying he is not among the “unprincipled” and “opportunistic” lawmakers at the House of Representatives who changed their stance on the Duterte administration’s...
The Department of Health (DOH) confirmed on Monday, Aug. 19, the detection of one new mpox case in the Philippines. (DOH / MANILA BULLETIN) This confirmation follows the World Health Organization's recent declaration of mpox, formerly known as “monkeypox,” as a Public Health Emergency of...
AFP) Surigao del Sur 2nd district Rep. Johnny Pimentel said the modernization program of the Armed Forces of the Philippines (AFP) will receive a record-high P50 billion in funding under the proposed P6.352-trillion national budget for 2025. “The sum of...
The country’s top sim racers are going head to head this weekend for the 2024 Toyota Gazoo Racing GT Cup Philippines finals. This premier e-motorsports tournament, held at the Main Atrium of the SM Mall of Asia in Pasay City, will determine the country’s top 10 sim racers via eliminations. The...
The Philippine subsidiary of American energy giant Chevron Corporation has beefed up its retail network by bringing into commercial stream 18 new service stations within this year’s first half to reach broader base of customers who are loyal to its Caltex brand. Chevron Philippines Country...
The Court of Tax Appeals (CTA) has denied the petition of five cement trading companies against the safeguard duties imposed by the government in 2019 on cement importations. In 2018, the Department of Trade (DTI) conducted a probe on the increased importations of cement. The investigation...
Ballet Philippines president Maymay Liechtenstein describes La Sylphide as “a relatable ballet about love, emotion, magic, and ethereal feelings. It’s also incredibly lyrical and easy to fall in love with.” But I wasn’t particularly moved by its music. It took me some time to realize...
The shoes that the late Zenaida “Nedy” Tantoco wore were too big to fill, especially with her contributions and support to Philippine arts and culture. Her support had profoundly impacted the growth and support of the arts and cultural activities in the country, which the Cultural Center of the...
Lopez-led First Gen Corporation will supply geothermal-generated electricity to global cement firm Holcim for the operation of its manufacturing plants in Mindanao. That green power supply draw will be a key component of the latter’s decarbonization journey. In the power supply agreement (PSA)...
EASYCALL COMMUNICATIONS PHILIPPINES, INC. will be conducting its annual meeting of stockholders on September 06 at 10:00 A.M. through hybrid set-up; in person and remote communication via videoconferencing. The details and link to the virtual meeting will be provided via email to...
A Low Pressure Area (LPA) has been spotted inside the Philippine Area of Responsibility (PAR) and is currently being monitored by the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA). MB Visual Content Group In its weather update, PAGASA said that as of 3 a.m....
