The Maharlika Investment Corp. (MIC) is planning to acquire up to 11.2 percent of Asian Terminals Inc. (ATI), the port operator controlled by Eusebio Tanco, for about ₱8 billion, a move intended to lead to the delisting of the company from the Philippine Stock Exchange (PSE). In a disclosure to...
The Philippine Foundation for Cultural and Educational Development (PFCED) celebrated its sixtieth anniversary this year, 2025. In 1965, Philippine society was very much in need of a non-stock, not-for-profit organization committed to being a catalyst for values transformation and education. Its...
The local stock market started the week on firmer footing, with investor sentiment continuing to be supported by signs that the central bank may cut rates further. The main index added 21.3 points, or 0.35 percent, to close at 6,058.02 on Monday, Dec. 15. The mining and property sectors led the...
ZAMBOANGA CITY – The Philippine Navy seized P39.8-million worth of smuggled cigarettes in three maritime interdiction operations around Basilan and Zamboanga City, officials reported Monday. Rear Admiral Constancio Arturo Reyes Jr., commander of the Western Mindanao Naval Command, said the...
Foreign countries have conveyed their concern over the recent water cannon attack made by China Coast Guard against Filipino fishermen in the West Philippine Sea. The United States, Canada, Australia, and Germany have issued their respective statements over China 's action at sea. United...
The Philippine Competition Commission (PCC) and the Securities and Exchange Commission (SEC) have signed a data-sharing agreement (DSA) to enhance interagency cooperation in promoting transparency, integrity, and fair competition in the corporate sector. The agreement provides PCC with streamlined...
The Department of Tourism (DOT) is reinforcing the Philippines’ reputation as a long-term “home-for-life” for retirees after the country was recognized as Asia’s Best Retirement Destination at the 11th TripZilla Excellence Awards. DOT Secretary Christina Garcia-Frasco said the recognition...
Local stock market investors will test whether the main index can stay above the 6,000 level, buoyed by positive sentiment from the United States Federal Reserve (US Fed) and Bangko Sentral ng Pilipinas (BSP) rate cuts, but will also take cues from upcoming US economic data, including inflation and...
Rain or Shine and Magnolia try to solidify their respective bids for a quarterfinal bonus in front of the hardworking overseas Filipino workers when the PBA Season 50 Philippine Cup goes to Bahrain Monday, Dec. 15. Coming off a 90-84 win over the Converge FiberXers (6-3), the Elasto Painters (7-2)...
San Miguel proved too much for Blackwater after scoring a 116-92 win to earn a share of the lead in the PBA Season 50 Philippine Cup at the Ynares Center in Antipolo Saturday evening, Dec. 13. The Beermen showed no mercy against the slumping Bossing to tie the Rain or Shine Elasto Painters at the...
Philippine Army (PA) Colonel Raymund Dante P. Lachica, former head of the Vice Presidential Security and Protection Group (VPSPG), has denied any connection to Ramil Madriaga, who surfaced recently and claimed to be a former aide and alleged bagman of Vice President Sara Duterte. Lachica, in a...
The Philippine Army’s (PA) 2nd Infantry Division (2ID) formally launched its new “citizen-soldiers” dubbed as the “National Guard” during a Donning of Ranks and Patch Ceremony at Camp Capinpin in Rizal on Thursday, Dec. 11, marking the end of the Citizen Armed Force Geographical Unit...
