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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

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

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

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

‘Stop sale of highly toxic mercury-added skin lightening products’

‘Stop sale of highly toxic mercury-added skin lightening products’.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

ABS-CBN clarified PCC has not completed its review of broadband business sale to PLDT

ABS-CBN clarified that the Philippine Competition Commission has not completed its review of the proposed P6.8 billion sale of Sky Cable’s broadband business to PLDT......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Genshin Impact announces expanded season of TCG tournament

HoYoverse has announced that the new season of its Genshin TCG tournament, the Astra Carnival: Prince Cup, will expand to accommodate more players in the Pacific and Atlantic Regions......»»

Category: sportsSource:  philstarRelated NewsApr 4th, 2024

Philippines announces decisive measures amid tensions with China

Manila [Philippines], March 28 (ANI): Amid the escalating tensions in the South China Sea, Philippine President Ferdinand R Marcos Jr has announced decisive measures to protect his country's sovereignty and maritime rights while ensuring peace and stability in the Indo-Pacific. Marcos, known as Bongbong, said that the measures, aimed at addressing what he said is the "open, unabating, and illegal" actions by China's Coast.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

Cebu Pacific books P8 billion profit in 2023

Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Tell it to SunStar: My experience with Cebu Pacific

Tell it to SunStar: My experience with Cebu Pacific.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

Cebu Pacific adds 3 aircraft in Q1

Low-cost carrier Cebu Pacific has received another aircraft, its third for the year, leaving the airline with 14 more to accept for the rest of 2024 as it fortifies its fleet in the face of supply issues......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Cebu Pacific receives fuel-efficient A321 aircraft

Gokongwei-led Cebu Pacific continues to ramp up its commitment to advance sustainability and strengthen its operational resiliency amid the rising demand in air travel as it received another Airbus A321neo last Thursday......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Gokongwei-led Cebu Pacific takes delivery of brand-new A330NEO

Gokongwei-led Cebu Pacific takes delivery of brand-new A330NEO.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

Cebu Pacific welcomes 1st aircraft delivery for 2024

Cebu Pacific welcomes 1st aircraft delivery for 2024.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

Cebu Pacific shelves plans for Saudi, China flights

Low-cost carrier Cebu Pacific is focusing its international expansion within East and Southeast Asia this year, shelving plans of launching flights to Saudi Arabia and reopening trips to Beijing as supply issues shake the airline......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024