The Consunji Group, through DMCI Holdings Inc., Semirara Mining and Power Corporation, and Dacon Corporation, has completed the acquisition of Cemex Asian South East Corporation (CASEC) for $272 million—lower than the earlier announced $305.6 million. In a disclosure to the Philippine Stock...
The much-anticipated return of an iconic nameplate is finally happening. After a year of anticipation, fueled by strategic teasers and previews from Toyota Motor Philippines (TMP), the brand will officially launch the next generation Tamaraw on December 6 at the Glorietta Activity Center in Makati...
Senators have expressed concern over the Russian attack submarine that was monitored in Occidental Mindoro last week. Russian submarine Ufa 490 is detected by the Armed Forces of the Philippines (AFP) and escorted by the Philippine Navy while transiting the West Philippine Sea on Nov. 28, 2024....
Compared to its targeted neighbors like China, the Philippines would be relatively unscathed by US President-elect Donald J. Trump's protectionist economic policies, according to the research arm of investment banking giant Deutsche Bank. However, Deutsche Bank Research economist Junjie Huang said...
Senator Alan Peter Cayetano on Monday, December 2 assured that the Senate will soon unveil a high-quality and beautiful New Senate Building (NSB) at the lowest possible cost. “It’s going to be a beautiful building, maganda ang (it has a good) concept. Kaya lang realistically...
College of St. Benilde coach Charles Tiu offered no excuses in their lackluster performance that saw the Blazers yielding to the Mapua Cardinals, 84-73, in Game 1 of their NCAA Season 100 men’s basketball finals over the weekend. Charles Tiu and the College of St. Benilde Blazers seek to bounce...
The Department of Trade and Industry (DTI) should create a small loan program for micro, small and medium enterprises (MSMEs) with no interest rate, Sen. Ronald “Bato” Dela Rosa said. Dela Rosa raised this during the confirmation hearing of Department of Trade and Industry (DTI)...
Santanina “Nina” Rasul, the country’s first Muslim woman to serve in the Philippine Senate and the first Muslim senator to win reelection has passed away, the Senate announced on Friday, November 29. Rasul’s career as a lawmaker was marked by her steadfast commitment to advancing...
Russian submarine Ufa 490 is detected by the Armed Forces of the Philippines (AFP) and escorted by the Philippine Navy while transiting the West Philippine Sea on Nov. 28, 2024. (Photo: AFP) (Updated) A Russian diesel-electric attack submarine has been monitored in Occidental Mindoro last week...
The Marcos administration borrowed more from local and foreign sources in the first 10 months of the year to bridge the government's budget deficit. Data from the Bureau of the Treasury showed that the national government's gross financing rose by 23 percent from January to October 2024 to P2.429...
Global information and insights firm TransUnion launched the Fraud Industry Council (FIC) in the Philippines to address the growing concern of fraud targeting consumers and businesses. In a statement, TransUnion said the initiative brought together leading banks in a collective effort to...
General Romeo Brawner Jr., chief of staff of the Armed Forces of the Philippines (AFP), revealed Wednesday, Nov. 27, that he temporarily relieved all the military personnel assigned to the security team of Vice President Sara Duterte. The members of the Vice Presidential Security and...
