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Belle Corp sets PLC tender offer price at P0.85/share
Belle Corp and Premium Leisure Corp were both voluntarily suspended for the day yesterday after BEL disclosed details of its proposed tender offer to acquire PLC’s public float and eventually delist PLC from the exchange......»»
Premium Leisure Corp to be voluntarily delisted
The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»
PNP official suspended for abusing 25 trainees
A police official who allegedly used excessive force in disciplining 25 police trainees in Las Piñas City in October last year was sanctioned with a suspension without pay for 31 days, the Philippine National Police said yesterday......»»
NFA head, 138 others suspended
National Food Authority administrator Roderico Bioco and 138 other officials and employees involved in an alleged anomalous sale of NFA rice to two traders were placed yesterday on preventive suspension for six months......»»
Suspended Lady Warriors coach wants side heard as UE appeals UAAP decision
UE Lady Warriors head coach Jerry Yee is looking to have his voice heard when he formally files for appeal following the UAAP board’s decision to suspend him for the rest of UAAP Season 86 due to allegations of “committing acts that are inconsistent with the purposes of the association.”.....»»
Ronaldo suspended 1 match for obscene gesture in Saudi league game
Social media videos capture Cristiano Ronaldo cupping his ear before repeatedly pumping his hand forward in front of his pelvic area in Saudi Arabia’s pro football league.....»»
Returning Brownlee delivers in front of home crowd as Gilas annihilates Chinese Taipei
In his first game in the Philippines since he was suspended, Justin Brownlee showed up for Gilas Pilipinas......»»
8990 Holdings expands buyback limit to P7-B of stock
8990 Holdings disclosed that its board of directors voted to “expand” a P2 billion stock buyback program that was originally established back in 2019, which was then suspended during the pandemic to conserve cash......»»
Senate remains watchful on movement of PI
SENATOR Sherwin "Win" Gatchalian revealed that the Senate remains on guard on the movement of the People’s Initiative (PI) after the Commission on Elections (Comelec) announced that it has indefinitely suspended the acceptance of signature sheets in connection with PI......»»
EDITORIAL - Disruptive threats
Schools suspended classes and work was disrupted in government agencies that were hit by bomb threats yesterday in Metro Manila, several provinces in Luzon and in Cebu......»»
GenSan court judge suspended for sitting on rape case
The Supreme Court has ordered the suspension of a trial court judge in General Santos City for sitting on a rape complaint for over 10 years before resolving the case......»»
Mati City, 10 municipalities in Davao Oriental suspend classes, work
Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»
Comelec suspends indefinitely PI proceedings
The Commission on Elections has suspended all proceedings related to the people’s initiative to amend the 1987 Constitution......»»
Imee Marcos wants lotto draw suspended
MANILA, Philippines — Senator Imee Marcos finds it “mathematically improbable” for lotto winners to win frequently. In a Zoom interview with reporters, Marcos expressed frustration on Friday with the alleged issues hounding the lotto draws of the Philippine Charity Sweepstakes Office (PCSO). “Alam mo, pikon na pikon ako diyan sa lottong iyan, sabihin ko na.....»»
inDrive pauses operations to fix fare concerns
Ride-hailing giant inDrive, touted as the potential competitor of Grab Philippines, has suspended its operations in the country to address issues raised by the government regarding its fare system......»»
Senate, House joint resolution on Cha-Cha now suspended, says Pimentel
After a strongly worded manifesto, the Senate hits the brakes on charter change until they can ascertain the 'real agenda,' says Senate Minority Leader Koko Pimentel.....»»
New ride-hailing app inDrive suspended due to fare-haggling system
Prior to the suspension order, inDrive was positioning itself to make a splash as a competitor to Grab. Now, its plans are on pause after the LTFRB questioned its fare-haggling system......»»
Phoenix stops buying imported oil
Phoenix Petroleum Philippines Inc. of businessman Dennis Uy has suspended its procurement of imported diesel and gasoline......»»
Higher shipping costs loom as Red Sea route suspended
The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»
Another bridge in Davao Oriental collapsed
A bridge in Caraga, Davao Oriental collapsed due to continuous heavy rains, following the impact of Tropical Depression Kabayan. This is the third main bridge damaged by extreme weather conditions since December 2023. The damaged bridges are still under construction. The collapse has caused isolation for some communities and led to landslides in Barangay Pichon, with at least 64 families sheltered in evacuation centers. The local government, alongside various agencies, is conducting an impact assessment to determine the damage to agriculture and infrastructure. Classes in public and private institutions are suspended until January 20. The community is rallying for strength and optimism amidst the challenges......»»