The Securities and Exchange Commission (SEC) has made permanent the cease and desist order (CDO) it issued against Maria Francesca Tan (MFT) Group of Companies, Inc. and Foundry Ventures I, Inc., along with their officers and agents. In a resolution promulgated on April 1, the Commission En Banc...
Equity acquisition in existing renewable energy (RE) projects had driven up the net income of Yuchengco-led PetroEnergy Resources Corporation (PERC) by 9.0% last year to P944 million from P863 million in 2022. The corresponding portfolio boost, according to the company, likewise shored up its...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew L. Tan, reported a 20 percent growth in net income to a record P30.3 billion despite higher inflation which pushed overall costs and expenses up. In a disclosure to the Philippine Stock Exchange (PSE, the...
The Antonio family’s Century Properties Group Inc. (CPG) reported a 32 percent growth in consolidated net income to P1.86 billion last year from the P1.40 billion earned in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its net income for 2023 is a 10-year high...
ILIGAN CITY – Soldiers neutralized three members of the Dawlah Islamiyah-Maute Group in an encounter in Barangay Lindongan, Munai, Lanao del Norte on Saturday, April 13. SOLDIERS recovered Dawlah Islamiyah-Maute Group gear in an encounter in Munai, Lanao del Norte, on April 13. (Army photo)...
Meralco Energy, Inc. (MSERV), which is the nationwide energy solutions arm of Manila Electric Company (Meralco), has reinforced the electricity services provision for the healthcare facilities of Allied Care Experts (ACE) Group of Hospitals. The enhancement on the power supply and service network...
K-pop boy band Tomorrow X Together (TXT)’s new album topped the weekly physical album chart in South Korea. Tomorrow X Together released their sixth mini-album “minisode 3: Tomorrow” on April 1. According to Hanteo Chart, “minisode 3: Tomorrow” sold 1.54 million copies for the...
ILIGAN CITY – Five members of the Abu Sayyaf Group (ASG) surrendered to the 64th Infantry Battalion in Barangay Tumahubong, Sumisip, Basilan on April 4. FIVE Abu Sayyaf Group members surrender in Basilan on April 4. Lt. Col. Abel Potutan, 64th Infantry Battalion commander, said the surrenderers...
Accor Vice President for Development Chris Cho, C9 Hotelworks Managing Director Bill Barnett, Tytans Properties Development Chairman Gerard Tan, Tytans Properties Development Board Member Congresswoman Daphne A. Lagon, Tytans Properties Development President Congressman Sonny Lagon, Accor Chief...
The 14-megawat second phase of the Nabas wind farm project of Yuchengco-led PetroWind Energy Inc. (PWEI) has started shoring up power supply for the energy-strained Panay island after securing warranted clearances from relevant authorities and entities in the market. Prior to its injection of...
K-pop girl group IVE announced their comeback slated this month. According to their agency, Starship Entertainment, IVE unveiled a teaser video for their second mini album “IVE Switch” through their official social media channels. In the teaser video, a white-colored book with the...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family has inaugurated and started the operation of its distribution center in Santa Rosa, Laguna as part of the retail firm’s Luzon growth initiative. In a disclosure to the Philippine Stock Exchange, the firm said the Metro Distribution...
