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Bargain hunting ends 2-day slump
The stock market broke out of its two-day slump yesterday as bargain hunters buoyed share prices......»»
Father shoots son dead for disrespecting mom in Cebu City
CEBU CITY, Philippines – He was only requested to turn off the lights of his hut, but his disrespectful response to his mother’s order ultimately led to his death. The fatal shooting of a 28-year-old jobless man by his own father in Barangay Lahug, Cebu City on Monday night allegedly stemmed from months of constant.....»»
Avoiding the play-in
The NBA regular season ends on April 14, meaning only 20 days are left to determine which teams from the East and West will figure in the dreaded play-in tournament......»»
PUBG Mobile continues steady rise in Philippines
PUBG: Mobile has been a steady shooting game that Filipinos have been playing since its release back in 2018. Since then, the game has had Filipino-centric initiatives in 2022......»»
Minglanilla ends 22-year title drought, wins Gullas Cup in dominating fashion vs. Talisay
CEBU CITY, Philippines — Abante Minglanilla hoisted the Rhea Gullas Cup 2024 First District of Cebu Inter-City/Municipality Basketball Tournament title after routing the visiting Talisay Aksyon Agad, 72-58, on Saturday evening, March 23, at the Minglanilla Sports Complex. Minglanilla, also known as the Archangels, beat Talisay in their do-or-die Game 3 of the finals, and.....»»
Meralco s Almazan rules 3-point showcase for big men in PBA All-Star weekend
The inaugural 3-point shooting contest for bigs got a little rock 'n roll to it......»»
Catapang tightens security after ambush
Bureau of Corrections (BuCor) chief Gregorio Catapang Jr. yesterday said security measures were doubled following the recent shooting incident involving his vehicle along the Skyway on Tuesday......»»
500 Bilibid inmates moved to Davao prison
At least 500 prisoners from the New Bilibid Prison (NBP) in Muntinlupa have been transferred to the Davao Prison and Penal Farm......»»
Lovi Poe joins Prison Break director s upcoming Hollywood film
Actress Lovi Poe has joined the cast of an upcoming Hollywood movie with Canadian actor Adam Beach about Native American fire captain Paul Fullerton......»»
Stray cat critical after head struck by arrow
A STRAY cat in Davao City sustained a "life-threatening" injury after its head was struck by an arrow......»»
Man killed, wife wounded in Antipolo gun attack
A man was killed while his wife was wounded in a shooting in Antipolo City, Rizal on Wednesday night......»»
Experience next-level fun at SM Game Park MOA
It’s time to level up the fun and get ready for an action-packed experience at the newest sports destination in SM Mall of Asia—SM Game Park! Gear up for this brand new recreational and active lifestyle facility, and get ready to jumpstart your sporty era with an electrifying line-up of games and activities. SM Game Park Mall of Asia will be the fourth branch in the country following SM Southmall, SM City Fairview and SM CDO Downtown, and is set to be the brand’s flagship branch. Located at the 3rd Level of the South Entertainment Mall of SM Mall of Asia, SM Game Park MOA is situated on a 1,947sqm space of everything fun: some topnotch amusements and the best amenities for every one of all ages. 16-lane Regular Bowling (artist’s perspective) 4-lane Private Bowling (artist’s perspective) At SM Game Park MOA, let the good times roll at its massive 16-lane Regular Bowling area. Plus, have an unforgettably exclusive and intimate experience with your social circles at the new 4-lane Private Bowling, equipped with a state-of-the-art Augmented Reality technology that is a first in the country. Gather the hoop crew and shoot your shots at the Mini Indoor Basketball Court that can accommodate a team of 3 x 3 players. If you’re exploring other sports to go for, test your skill with a bow & arrow at the Archery zone by PANA. Mini Indoor Basketball Court (artist’s perspective) Archery by PANA (artist’s perspective) Billiards area (artist’s perspective) Try mastering the art of Billiards at any of the six billiard tables available. Serve up intense rallies over at the Table Tennis area, or challenge a friend over a game or two of Basketball Hoops or E-Darts at the Arcade games corner. There’s really no shortage of heart-pumping thrills at SM Game Park MOA as you can also sing, dance and play your hearts out to your favorite songs and games inside the Game Room, with karaoke and gaming consoles coming in soon. Game Room (artist’s perspective) Sports Bar by Taters (artist’s perspective) If you need to wind down or want to simply chill with the squad after a fun day at the center, grab some delicious grub and refreshing drinks from the Sports Bar by Taters. Catch the much-awaited grand opening of SM Game Park MOA on 10 November 2023. Exciting promos await customers on Grand Opening Day, as well as for the rest of whole opening weekend on 11-12 November so make sure to check out the official social media accounts of SM Game Park on Facebook, Instagram and Tiktok for more information. The post Experience next-level fun at SM Game Park MOA appeared first on Daily Tribune......»»
Blueprint for a sustainable tomorrow
Through a combination of cutting-edge technology, data science and a culture of innovation, Aboitiz Land is making innovative strides in the real estate industry, establishing benchmarks for sustainability and community development. This commitment to adaptability and progress was underscored by Aboitiz Land CEO and president David Rafael during his presentation at the CEO Forum of the CREBA Golden Jubilee National Convention & Housing Expo on 28 September 2023, held at Conrad Manila. Aboitiz Land's dedication to environmental sustainability is evident in every facet of its residential real estate developments. The company's sustainable master plan features prioritize harmony with nature, respecting the natural topography of the land and integrating existing water and landforms like lagoons and hilly terrain seamlessly. This human-centric approach extends to the promotion of green open spaces across high-end and mid-market projects, fostering a connection between residents and the environment. A pinnacle of this commitment is its residential enclave, The Villages at Lipa, within the 800-hectare integrated LIMA Estate. LIMA Estate proudly holds a five-star BERDE certification, a testament to its eco-friendly practices including energy and water efficiency, waste management and community well-being. Poised to become a blueprint for smart cities, it leverages digital technologies for enhanced urban operations. Aboitiz Land also embraces innovation in construction technology, utilizing precast concrete panels to reduce greenhouse emissions associated with traditional concrete production. This approach not only contributes to a significant reduction in environmental impact but also translates into tangible benefits for homeowners, including reduced energy consumption. Aboitiz Land understands the urgent demand for accessible and quality housing in the Philippines. The company addresses this by strategically placing its projects near emerging growth centers and infrastructure. This not only eases congestion in central business districts but also creates job opportunities for thousands of Filipinos. Aboitiz Land’s notable developments include The Villages at Lipa in LIMA Estate, Foressa Mountain Town in the West Cebu Estate and Ajoya communities in key areas of Central Luzon, which is at the heart of the current infrastructure development and growth centers. To help address the critical issue of 6.5 million housing backlog and rising property costs, Aboitiz Land has introduced OneVecino, an innovative digital platform. This tool provides digitized solutions for property search, payments, customer support and property management. It's tailored to cater to the needs of overseas Filipino workers, making home buying more accessible and secure. Aboitiz Land's commitment to community well-being is likewise demonstrated through various CSR initiatives. Elevate AIDA, in partnership with Connected Women, provides digital skills training to women near our communities in Luzon, advances gender parity and promotes socio-economic development. Meanwhile, Project Banca, recognized as an Outstanding CSR Project in Disaster Resilience, supported 60 fisherfolks with motorized fishing boats in areas affected by typhoon “Odette,” showcasing Aboitiz Land's dedication to community well-being and resilience. Aboitiz Land's corporate governance framework is rooted in core values of Integrity, Teamwork, Innovation and Responsibility. The developer is the real estate arm of the Aboitiz Group, which has consistently been acknowledged as one of the best managed conglomerates in the ASEAN region, exemplified by the Golden Arrow Recognition awarded to Aboitiz Equity Ventures. The post Blueprint for a sustainable tomorrow appeared first on Daily Tribune......»»
Straight as an arrow
If there is one thing that I’m absolutely sure of, it is that Transportation Secretary Jimmy Bautista is straight as an arrow......»»
Meralco receives 3 Golden Arrow awards for outstanding good governance
Recognizing its remarkable corporate governance practices, the Manila Electric Company has once again received a three-arrow recognition from the Institute of Corporate Directors during the Golden Arrow Awards held on 28 September. The prestigious accolade came as a result of Meralco’s outstanding performance in the 2022 ASEAN Corporate Governance Scorecard assessment, reflecting the company’s conformance with the Philippine Securities and Exchange Commission’s Code of Corporate Governance for Publicly-Listed Companies, as well as internationally recommended corporate governance practices as espoused by the ACGS. ACGS is an evaluation tool developed by the ASEAN Capital Markets Forum to assess the governance framework of publicly listed companies in the region. This assessment covers various aspects, including board responsibilities, shareholder rights, disclosure and transparency, and stakeholder management. This recognition serves as a testament to the company’s unwavering dedication to upholding the highest standards of corporate governance. By excelling in the ACGS assessment, Meralco has demonstrated its commitment to operating with integrity and safeguarding the interests of its shareholders and stakeholders. Through the award, Meralco highlights the importance of good corporate governance in today’s business environment. It serves as a reminder to all publicly listed companies that adherence to rigorous corporate governance standards is essential to ensure sustainable success and foster good relationships among investors, customers, and the community they serve. The post Meralco receives 3 Golden Arrow awards for outstanding good governance appeared first on Daily Tribune......»»
Meralco receives 3-Golden Arrow Award for Outstanding Corporate Governance
Recognizing its remarkable corporate governance practices, the Manila Electric Company (Meralco) has once again received a three-arrow recognition from the Institute of Corporate Directors (ICD) during the Golden Arrow Awards held on 28 September 2023. The prestigious accolade came as a result of Meralco’s outstanding performance in the 2022 ASEAN Corporate Governance Scorecard (ACGS) assessment, reflecting the company’s conformance with the Philippine Securities and Exchange Commission’s Code of Corporate Governance for Publicly-Listed Companies, as well as internationally recommended corporate governance practices as espoused by the ACGS. ACGS is an evaluation tool developed by the ASEAN Capital Markets Forum to assess the governance framework of publicly listed companies in the region. This assessment covers various aspects including board responsibilities, shareholder rights, disclosure and transparency, and stakeholder management. This recognition serves as a testament to the company's unwavering dedication to upholding the highest standards of corporate governance. By excelling in the ACGS assessment, Meralco has demonstrated its commitment to operating with integrity and safeguarding the interests of its shareholders and stakeholders. Through the award, Meralco highlights the importance of good corporate governance in today’s business environment. It serves as a reminder to all publicly listed companies that adherence to rigorous corporate governance standards is essential to ensure sustainable success and to foster a good relationship among investors, customers, and the community that they serve. The post Meralco receives 3-Golden Arrow Award for Outstanding Corporate Governance appeared first on Daily Tribune......»»
PLDT, other MVP Group companies bag awards for corporate governance
PLDT, the country’s leading integrated telco, was recently awarded a 3-Golden Arrow Award in the 2022 ASEAN Corporate Governance Scorecard recognition ceremony organized by the Institute of Corporate Directors......»»
Filinvest Group honored for good corporate governance at Golden Arrow Awards
Filinvest Development Corporation (FDC), one of the country’s largest and most diversified conglomerates, and its subsidiaries were recently recognized for their exemplary adherence to regional corporate governance practices at the Institute of Corporate Directors’ (ICD) annual ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards......»»
Man on a mission
He has been to hell and back since entering the country’s premier military school, the Philippine Military Academy, where he graduated magna cum laude in 1982, to seeing action as a police officer, and lately to waltzing into the ring of fire by entering politics. Much has been written about the exploits of former police general Benjamin “Benjie” Magalong, Baguio City Mayor, since 2019, with the positive usually outweighing the negative. Love him, hate him, but believe me, Magalong is no lone ranger. He can sustain the hard yards of fighting criminality and corruption that one wonders where he gets all the energy and focus in addressing the challenges that come his way. Last month, Magalong and a few local chief executives launched “Mayors for Good Governance,” a campaign for responsible leadership and anti-corruption in local governments. They signed A2, a manifesto committing local executives to transparency and the rule of law. The movement has already received support from more than 150 city and municipal mayors nationwide, a testament to how much rests on his stewardship. Corruption is like a “communicable” disease that can easily transmit the evils that go with it from the lowest strata to the highest echelon of society. It has many forms and strains — from petty graft to large-scale kickbacks — and affects people from all walks of life, generations, and races. People get used to it until it becomes a way of life, and in the process, they lose their independence of thought because their eyes are shut. Pope Francis described it best: “Some people behave in relation to corruption as they would with drugs. They think they can take it and leave it as they please. They start with something minor: a kickback here, a bribe there. And between this and that, they gradually lose their freedom.” Fighting corruption is like fighting drugs; it is never one-sided. There are hits and misses along the way. Anything is fair game when you put a face into a noble cause. I was a field operative of the Philippine Drug Enforcement Agency assigned in Region 8 when Magalong was director of PDEA’s Special Enforcement Service, which was responsible for dismantling numerous drug laboratories and causing the dismissal of several police scalawags. Magalong is one straight arrow. He never compromises his name when it comes to fighting drugs and crime. However, he is also a caring leader who always looks after his men like he would his children. He never tolerates shenanigans but lavishes praise and support for a well-done job. That’s why it did not come as a surprise when he was made chairman of the Mamasapano Board of Inquiry in 2015, which investigated the carnage of 44 Special Action Forces in Maguindanao. I have seen firsthand Magalong’s sincerity when it comes to public service. A public servant who goes beyond his comfort zone to give timely and proper assistance to the public, Magalong has the integrity and bravery to stand by his ideals to the detriment of his career because he wants the country to succeed. Like Magalong, I also had my share of fighting the tentacles of corruption in PDEA and later at the Bureau of Customs, once touted as the most corrupt government agency, during my seven-month stint as a commissioner despite the brickbats and the Sword of Damocles hanging above me. It was a lonely battle indeed, especially since I came to the bureau all alone. Tormentors coming from opposite directions were having a field day — from the not-so-harmless Marites (Mare, ano ang latest?) and Mariposa (Mare, post mo na) to greedy politicians and industry shenanigans. I have no moral qualms regarding Magalong’s mission — to take the arduous and lifelong task of making a difference in people’s lives, especially the poor, who are most hurt by corruption. Taking the high road is never easy, and I am sure that knowing Magalong, he could surmount all the hurdles, including the legal ones, that come in the end. The post Man on a mission appeared first on Daily Tribune......»»
Aboitiz Group bags triple Golden Arrow Awards
With a distinguished legacy spanning five generations, the Aboitiz Group remains steadfast in its commitment to fostering positive change in shaping the future as it adheres to the standards and requirements outlined in the ASEAN Corporate Governance Scorecard. This year, following the 2022 compliance period of the ACGS, Aboitiz Equity Ventures Inc. received a 4-arrow recognition after scoring 111.68 points, AEV’s highest ACGS score since the Institute of Corporate Directors inaugurated the Golden Arrow Awards in 2018. Aboitiz Power Corporation and Union Bank of the Philippines both received a 3-arrow recognition for scoring between 100 and 109 points. Consistent top performers It’s also important to note that AEV and AboitizPower have consistently been recognized as top performers in corporate governance, both here in the country and in the ASEAN region since 2013-2017 at the PSE Bell Awards. “This distinction is the result of the Aboitiz Group’s work to transform a legacy business into a hyper-innovative, diversified conglomerate that puts corporate governance and citizenship at the core of its operations. We have always believed that transparency and accountability are essential in building trust amongst our stakeholders and forging strong partnerships in order to drive change,” said Ginggay Hontiveros-Malvar, Aboitiz Group’s chief reputation and sustainability officer. AEV, the portfolio management company of the Aboitiz Group, leads investments in diverse sectors including power, banking and financial services, food, infrastructure, land, and cutting-edge fields such as data science and artificial intelligence. The Group is presently undergoing a profound transformation to establish itself as the Philippines' first "techglomerate." This innovative growth strategy, fueled by technology and a renewed entrepreneurial mindset, empowers Aboitiz to drive transformative change, shaping the future of its businesses, host communities, and the nation. The Golden Arrow Recognition serves as a testament to Aboitiz Group's unwavering commitment to upholding the highest standards of corporate governance. Aboitiz has excelled in several key areas such as compliance, sustainability, and innovation — positioning it as a frontrunner in the realm of corporate governance. This honor reflects the Group's ongoing commitment to creating value for its shareholders, stakeholders, and the broader Filipino community. Robust policies Aboitiz Group’s robust policies and procedures across every level of the organization form the bedrock of its commitment to excellence in corporate governance. Furthermore, the company's board of directors is characterized by its independence and diversity, playing a pivotal role in providing oversight and making strategic decisions aligned with the best interests of shareholders and stakeholders. Aboitiz places great emphasis on transparency, providing clear and comprehensive information regarding its financial performance, operations, and decision-making processes to ensure that shareholders and the public remain well-informed. In terms of regulatory compliance, Aboitiz is dedicated to adhering to all relevant laws, regulations, and standards related to corporate governance. The company continuously updates its policies to ensure alignment with evolving requirements. When it comes to ethical business practices, the Group's commitment to ethical conduct and integrity remains unwavering. “This award reaffirms the team’s adherence to the shared responsibility of sustainably managing the organization. This further motivates us to champion the highest corporate governance and ethical standards as we continue to grow the business,” said AboitizPower president and chief executive officer Emmanuel Rubio. “Likewise, we also exert as much effort and diligence in upholding environmental preservation and the societal good within the areas we have the privilege to serve,” he said. Corporate governance For his part, UnionBank lead independent director Roberto Manabat said, “We humbly accept this recognition as a reinforcement of the principles that guide the Bank. Our corporate governance practices reinforce the requirements of a constantly evolving business landscape. We ensure that they comply with new regulations and are ready to adopt best practices.” Aboitiz is deeply committed to sustainability and corporate social responsibility initiatives. The post Aboitiz Group bags triple Golden Arrow Awards appeared first on Daily Tribune......»»