The Government Service Insurance System (GSIS) assured that it will not be standing in the way of the planned voluntary delisting of Metro Pacific Investments Corporation (MPIC) as it intends to remain a shareholder of the conglomerate even if it is delisted. In a disclosure, MPIC said it was...
The Po family's Century Pacific Food Inc. (CNPF), one of the leading food and beverage manufacturing companies in the Philippines, aims to deliver 12 million protein servings to its partner communities as part of its commitment towards a zero hunger Philippines. The firm said its commitment to...
Instead of preparing to divest its stake in Metro Pacific Investments Corporation (MPIC), the Government Service Insurance System (GSIS) has been buying more shares to increase its stake in the conglomerate—enough to derail the management-led tender offer and delisting plan. In a disclosure to...
Metro Pacific Investments Corporation (MPIC) is tapping its new partner Hartasuma Sdn Bhd of Malaysia not just as supplier for its railway project but also to jointly explore the viability of other modes of transportation, such as cable car and monorail systems. In a media briefing after the formal...
The partnership between lottery firm Pacific Online Systems Corporation and Philippine Charity Sweepstakes Office (PCSO) is venturing into online gaming as more and more bettors now prefer to go digital. Pacific Online said in a disclosure to the Philippine Stock Exchange that it has signed a...
Two Japanese navy vessels arrived in Manila on Friday, Aug. 25, for a five-month-long maritime exercises among Japanese, Filipino, American and Australian troops to show Japan's allied countries' deterrence against challenges in the Indo-Pacific region. JS Izumo (DDH-183) and JS Samidare (DD-106)...
CAMP Aquino, Tarlac City – The 18th Pacific Partnership, a critical endeavor to strengthen international cooperation in disaster response led by the Armed Forces of the Philippines-Northern Luzon Command with the United States Pacific Fleet, local government units and agencies, and non-government...
The Golden Bridge at Ba Na Hills in Da Nang, Vietnam. (Photo courtesy of Vietnam Tourism) With revenge travel in full effect, many Filipinos are on the lookout for sweet deals, from hotel bookings to flight promotions. Luckily for us, Cebu Pacific continues to offer more destinations to Filipino...
The Philippine Air Force (PAF) trained with its counterparts from the United States (US), Malaysia, Indonesia, and Japan on low-cost, low-altitude (LCLA) airdrop as part of the ongoing Pacific Airlift Rally 2023. A cargo is dropped from an aircraft as part of the low-cost, low-altitude (LCLA)...
Metro Pacific Investments Corporation, a diversified conglomerate led by businessman Manuel V. Pangilinan, expects to exceed its core earnings target of P16.1 billion for 2023—higher than its pre-pandemic record core profit of P15.6 billion. During a media briefing, MPIC Chief Finance, Risk and...
The Philippine Air Force (PAF) formally opened the Pacific Airlift Rally (PAR) 2023 at the Clark Air Base in Mabalacat City, Pampanga on Monday, August 14, bringing together hundreds of participants from 13 other countries. Participants to the Pacific Airlift Rally (PAR) 2023 salute during the...
The Po family’s Century Pacific Food, Inc. (CNPF), one of the leading branded food and beverage manufacturers in the Philippines, reported an 8 percent improvement in consolidated net income to 3.2 billion in the first half of 2023. In a disclosure to the Philippine Stock Exchange, the firm said...