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North Korea launches suspected intermediate-range ballistic missile that can reach distant US bases
SEOUL, South Korea — North Korea fired a suspected intermediate-range ballistic missile toward the sea on Sunday, South Korea’s military said, two months after the North claimed to have tested engines for a new harder-to-detect missile capable of striking distant U.S. targets in the region. The launch was the North’s first this year. Experts say North.....»»
Petron reports 51 percent jump in 2023 earnings
The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generations strategies in the Philippines and Malaysia......»»
Petron bags top taxpayer award from Navotas LGU
Oil giant Petron Corp. has been recognized by the city government of Navotas for its notable contributions as a taxpayer in 2023......»»
MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»
Venus Raj nabago ang pananaw sa pag-aasawa, North Orillan may inamin
BAGO ikasal si Miss Universe 2010 4th runner-up Venus Raj kay North Orillan, inamin niyang marami rin siyang takot na naramdaman. Sa isang episode ng kanyang “The Major Major Podcast”, nagkaroon siya ng pagkakataon na makasama ang kanyang husband para ibahagi ang mga kaganapan sa kanilang married life. Ikinasal sina Venus at North noong December.....»»
Footbridge sa QC gigibain, North Edsa Carousel Busway project sisimulan na
NAGLABAS ng abiso ang Department of Transportation (DOTr) kaugnay sa North Edsa Carousel Busway Stride Project. Sinimulan na kasi ngayong araw, January 26, ang operasyon nito na magtatagal ng 180 na araw o anim na buwan. Apektado riyan ang footbridge na nagdudugtong sa Cyber West at SM North EDSA sa Quezon City. Ibig sabihin, ito.....»»
Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake
Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
Jollibee buys 10% stake in Botrista for $28-M
Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
PAL denies that it has started the groundwork to sell a minority stake to strategic investor
Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»
PAL revives stake sale to investors
Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»
AboitizPower hikes stake in STEAG
Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»
REDC anchor investor buys secondary share stake
This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»
MGreen hikes stake in SPNEC
MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»
Germany mulling sale of stake in top gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»
Germany mulling stake sale in major gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»
M2 MacBook Air Reaches All-Time Low Prices at Best Buy, Save Up to $300
Best Buy Offers Unbeatable Deals on M2 MacBook Air Models Tech enthusiasts and Apple fans rejoice as Best Buy announces its latest promotion on the.....»»
Cebu City buy-bust: P278,800 shabu seized, 9 nabbed on Friday
CEBU CITY, Philippines – Nine men were arrested in separate buy-bust operations in Cebu City on Friday, March 1, while suspected shabu worth P278,000 were also seized. The two buy-bust operations were done by the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) in coordination with the Cebu City Police Office (CCPO). Law enforcers conducted the first.....»»
3 killed, 14 injured as van blows tire on Philippines highway
MANILA, Feb. 11 (Xinhua) -- A van blew a tire on a highway in Pangasinan province, north of Manila, and crashed into a roadside barrier, killing three people and injuring 14 others, police said Sunday. Police said the van was traveling north to a Roman Catholic Church in Manaoag town when the accident happened around 9 a.m. local time (0100 GMT) Saturday in Rosales, a town in Pangasinan. The passengers, a.....»»