Shareholders of Del Monte Philippines, Inc. (DMPI) are planning to raise up to P44 billion through an initial public offering of shares they own that are equivalent to 28.75 percent of the company. Based on the registration statement filed with the Securities and Exchange Commission,publicly-listed...
Cirtek Holdings Philippines Corporation (TECH) reported that its P1 billion commercial paper (CP) offering was more than four times oversubscribed at a time of monetary easing and consecutive rate cuts by central banks both locally and international. In a disclosure to the Philippine Stock...
Five universities from across the Philippines have been awarded approximately P12 million ($244,000) worth of grants from the United States government to support their research and innovation and help address the challenges of the COVID-19 (coronavirus disease 2019) pandemic. USAID Mission Director...
Defense Secretary Delfin Lorenzana turned down Wednesday, April 28, the request of China to the Philippines to cease the conduct of maritime exercises in the West Philippine Sea (WPS). "They have no authority or legal basis to prevent us from conducting these exercises within the West Philippine...
The delivery of the initial batch of COVID-19 vaccines "Sputnik V" procured by the government from Russia was delayed "due to logistical challenges," Secretary Carlito Galvez Jr. confirmed on Wednesday, April 28 "We would like to inform the public that the expected arrival of 15,000 pilot run doses...
Nearly two months since their first sighting at the Julian Felipe (Whitsun) Reef, several Chinese ships still remained at the Bajo de Masinloc (Scarborough or Panatag Shoal), Kalayaan Island Group (KIG), and Ayungin Shoal (Second Thomas Reef) amid sustained sovereignty patrols by the national...
Last April 15, Thursday, the Philippines submitted its Nationally Determined Contribution (NDC) to the United Nations Framework Convention on Climate Change (UNFCCC). This initiative was welcomed by the World Wide Fund for Nature (WWF) but with a reminder to the government that they need to “act...
The arrival of the first batch of Russian-made coronavirus vaccines won't push through this month due to logistical concerns, Malacañang announced Wednesday, April 28. (Photo by Handout / Russian Direct Investment Fund / AFP / MANILA BULLETIN) The government instead aims to secure the delivery...
House Deputy Speaker Rufus Rodriguez on Wednesday rejected China’s proposition for the Philippines to respect Beijing’s sovereignty in the West Philippine Sea, saying it should pull out all its military and civilian vessels in the area because it is not part of their exclusive economic zone...
UNICEF Philippines Chief Health and Nutrition Dr. Malalay Ahmadzai More than a year into the COVID-19 pandemic, it’s easy to feel paralyzed by the challenges we are facing in the Philippines. Many are suffering from the effects of the pandemic, especially children. Not being able to go to school,...
The Philippines will be temporarily closing its borders to travelers from India to prevent the spread of the coronavirus disease. (File photo by Kenzo TRIBOUILLARD / AFP) Presidential spokesman Harry Roque announced the restrictions on travelers from India will be implemented from April 29 to May...
After wrapping up the successful annual Balikatan exercise last week, United States soldiers from the 5th Security Force Assistance Brigade (SFAB) are now engaging in their first-ever partner training rotation with the Philippine Army, taking place from April to June 2021 at Fort Magsaysay in Nueva...
