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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’”......»»
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......»»
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......»»
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......»»
China urges Philippines to stop provocations in South China Sea
BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»
China coastguard uses water cannons against Philippine ships in South China Sea
MANILA/SHANGHAI (Reuters) -China’s coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as “irresponsible and provocative”. China’s actions led to “significant damage” and injury to personnel on a civilian boat hired to resupply.....»»
Australia, Britain Criticize China for Actions in Hong Kong
SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»
West Philippine Sea dispute discussed at joint peace and order meeting
China’s activities seen to “jeopardize” the security of the country’s borders were among the key security issues discussed yesterday during the first ever joint national peace and order council and regional peace and order council meeting at Malacañang......»»
Rights group: Terror tag vs peace consultants shows ‘duplicity of Marcos in pursuing talks’
The resolutions against the two women NDFP consultants and the revolutionary groups were issued soon after the Ferdinand Marcos Jr. administration and the NDFP issued a joint statement on Nov. 28, 2023 declaring their intention to pursue the peace talks. The post Rights group: Terror tag vs peace consultants shows ‘duplicity of Marcos in pursuing talks’ appeared first on Bulatlat......»»
Finding Peace in Your Single Season
Are you enjoying your single season? Or are you struggling to find peace and contentment in this time of your life? Do you feel like you’re missing out on something or that everyone around you is in a relationship while you’re stuck alone? Those feelings are common, but there are ways to find peace in […].....»»
Hungarian musician to receive Philippine Foundational Peace prize
State-awarded Hungarian folk musician József Terék will be awarded the Sino-Phil Asia International Peace Award for his efforts to promote international peace and understanding through music......»»
Basketball and peace
Days before the UN General Assembly adjourned for the holidays, the Philippines embraced one profound moment as a bearer of peace. Peace came in the form of basketball, echoed by a legend and reaffirmed by speakers whose impassioned love for “the world’s greatest game” is beyond measure......»»
China threatens US with response in wake of missile deployment in Philippines
Beijing has accused Washington of undermining peace and stability in the Asia-Pacific region Beijing has condemned Washington's deployment of intermediate-range missiles in the Asia-Pacific region and will take all effective measures to prevent the US from "messing up" the South China Sea, Chinese Defense Min.....»»
China threatens US with response to missile deployment
Beijing has accused Washington of undermining peace and stability in the Asia-Pacific regionBeijing has condemned Washington's deployment of intermediate-range missiles in the Asia-Pacific region and will take all effective measures to prevent the US from "messing up" the South China Sea, Chinese Defense Ministry spokesman Wu Qian said on Thursday.His comments come after the US kicked off.....»»
Philippines Marcos Boosts Maritime Security as China Tension Rises
MANILA, Philippines - Philippine President Ferdinand Marcos Jr. has ordered his government to strengthen its coordination on maritime security to confront 'a range of serious challenges' to territorial integrity and peace, as a dispute with China escalates.The order, signed on Monday and made public on Sunday, does not mention China but follows a series of bilateral maritime confrontations and mutual accusations.....»»
BAP selling PDS stake ‘at right conditions’
The Bankers Association of the Philippines is keen on selling its stake in the Philippine Dealing System Holdings Corp. to the Philippine Stock Exchange Inc. at the right conditions......»»
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......»»
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......»»
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......»»