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Pomelo bags spot for ‘promising fintech companies’

This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Women s Month: Women drivers feted, share inspiring road stories

A 66-year-old single mother, a fresh graduate of Criminology and a former warehouse staff may not have anything in common at first glance, but all three women said they have found an avenue that gives them equal footing with men — and it pays well, too......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Big 4 Volleyball tilt marks successful inaugural season, eyes bigger tourneys soon

CEBU CITY, Philippines — The Big Four Volleyball Tournament wrapped up last weekend successfully at the Warehouse Sports Lab in Mandaue City.  This grassroots volleyball tournament saw inaugural champions being crowned. The Subangdaku Trojans emerged as champions in the 13-under and the girls 14-17 divisions, while Cabancalan National High School ruled the 14-17 boys division. .....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

DA chief orders transfer of suspended NFA supervisors’ authority

The transfer of authority of suspended warehouse supervisors of the National Food Authority has been ordered by Agriculture Secretary Francisco Tiu Laurel Jr. yesterday as NFA facilities remain closed amid the suspension order of the Office of the Ombudsman......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Former Magis Eagles coach Macasamat successfully organize major grassroots volleyball tilt

CEBU CITY, Philippines — Champion volleyball coach Jamel Macasamat drew over 24 teams in the inaugural Big Four Volleyball Tournament which is currently happening at the Warehouse Sports Lab in Mandaue City.  To recall, Macasamat steered an all rookie-team of the Sacred Heart School-Ateneo de Cebu (SHS-AdC) Magis Eagles in winning the Cebu Schools Athletic.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Citicore Energy REIT doesn’t deny report of potential 30% stake sale

Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Ombudsman suspends NFA execs amid cheap rice sale probe

Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Globe gets P1.5 billion from tower sale

Wireless giant Globe Telecom has received P1.5 billion from its tower sale with PhilTower Consortium Inc., pumping in additional cash to pay for capital expenditures and maturing debts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Taguig launches city-wide sale

The local government of Taguig yesterday launched the first-ever city-wide sale in celebration of the city’s 437th founding anniversary......»»

Category: newsSource:  philstarRelated NewsApr 26th, 2024

Discover your glow at Watsons 1-day, 1-price online sale on April 26

Discover your glow at Watsons 1-day, 1-price online sale on April 26.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Megaworld completes secondary share sale of 40.65M MREIT shares

Megaworld completes secondary share sale of 40.65M MREIT shares.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Megaworld raises P500 million from sale of MREIT shares

Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

DA: NFA rice sale probe to push through

The investigation into the alleged illegal sale of rice to some traders by the National Food Authority will not be affected despite the dismissal of former Bureau of Fisheries and Aquatic Resources (BFAR) director Demosthenes Escoto, who headed the probe panel......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Globe gets P5 billion from sale of towers

Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

NFA ordered to submit documents on P93 million rice sale

Ombudsman Samuel Martires on Thursday went to the National Food Authority main office in Quezon City to personally serve a subpoena that would compel the agency to submit several documents in connection with the alleged anomalous sale of P93.75 million worth of NFA rice to two traders......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

‘NFA lost P112 million after rice sale to traders’

The National Food Authority has incurred losses of at least P112 million after the sale of 150,000 bags of rice at only P25 per kilo to some traders, according to a farmers’ group......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

House probe on irregular sale of NFA rice set on March 7

The House agri committee will investigate on Thursday the disadvantageous sale of 75,000 sacks of deteriorating or aging rice by the NFA......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

PLDT, ABS-CBN call-off P6.75-B SkyCable deal

PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024