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Sky-high debt a major factor in aborted cable TV merger

It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

PLDT: Disputes in final terms led to aborted Sky Cable buyout

Telco giant PLDT Inc. said it failed to agree with Sky Cable Corp. on the commercial terms of their P6.75-billion merger, leaving them no choice but to call off the deal abruptly......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

PLDT-Sky Cable merger unplugged

Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Marcos: PH, South Korea to sign free trade pact this year

President Marcos believes that the Philippines and South Korea will approve their free trade agreement (FTA) this year. He also aims for a separate deal to grant duty-free access for certain Philippine products to the South Korean market. The FTA, signed in September 2023 during the Association of Southeast Asian Nations summit in Indonesia, is.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

NGCP, ECCP sign deal to advance renewable energy development

In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Marcos, Vietnamese leaders to tackle food security, maritime issues

The Philippines and Vietnam will sign next week a deal to boost cooperation between their coast guards in light of lingering tensions between Manila and Beijing in the West Philippine Sea. .....»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

President Marcos, Vietnamese leaders to tackle food security, maritime issues

The Philippines and Vietnam will sign next week a deal to boost cooperation between their coast guards in light of lingering tensions between Manila and Beijing in the West Philippine Sea. .....»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

PH media slam Chinese foreign ministry’s claims of manipulating WPS reports 

Philippine media groups criticized the Chinese foreign ministry for suggesting that recent reports on Chinese harassment of Filipino vessels in the West Philippine Sea involved video manipulation and sensationalism to portray the Philippines as a victim. The Foreign Correspondents Association of the Philippines (Focap) and National Union of Journalists of the Philippines (NUJP) expressed offense.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

DFA summons Chinese envoy over latest sea confrontation

The DFA said in a statement that the agency summoned the chargé d'affaires of the Chinese Embassy to protest “aggressive actions” by the China Coast Guard (CCG) and Chinese maritime militia against a civilian boat supplying troops stationed at BRP Sierra Madre in Ayungin Shoal. .....»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Celebrating 50 years of APCU

Last Monday, Feb. 26, 2024, the Association for Philippines-China Understanding celebrated its 50th anniversary at The Manila Hotel. As a new member of this organization, I was honored to meet more friends from the Filipino-Chinese community as well as the Chinese embassy in the Philippines, where it was very touching to be acknowledged for my Chinese roots, being part of the Lim family, as well as for the columns that I continue to write in The Philippine STAR, most especially when the original author of Roses and Thorns was my granduncle, Alejandro Roces......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Philippine coast guard says Chinese claim of intrusion ‘inaccurate’

MANILA/BEIJING (Reuters) – A Philippine coast guard official on Thursday described as “inaccurate” its Chinese counterpart’s claim that a fisheries vessel “illegally intruded” into Beijing’s waters. The Chinese coast guard said earlier on Thursday it drove away a vessel of the Philippines’ Bureau of Fisheries and Aquatic Resources (BFAR) and accused them of “illegally intruding”.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

Complaints filed against 3 Chinese nationals for using firecrackers

DAVAO CITY (MindaNews / 13 February)—Complaints have been filed against three Chinese nationals on Tuesday before the Office of the City Prosecutor for violating the 21-year-old ordinance of Davao City banning the use of firecrackers during the celebration of Chinese New Year at the Royal Pines Subdivision here at 12:06 a.m. on Saturday, a local […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 14th, 2024

3 Chinese nationals nabbed for violating Davao City’s firecracker ban

DAVAO CITY (MindaNews / 11 February) – Three Chinese nationals who used pyrotechnics to welcome the Chinese New Year here are facing charges for violating City Ordinance 060-02 or the firecracker ban. Arrested by operatives of the Davao City Police Office (DCPO) for using pyrotechnics at the Royal Pines Subdivision along Shrine Hills in Matina […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Chinese New Year: The faith there is inside Cebu’s Taoist Temple

CEBU CITY, Philippines – “Patience is indeed a virtue; with it comes greater power.” This proverbial phrase holds a valuable weight in Chinese culture, particularly in matters of faith and religion, where many believe in the transformative power of patience. In celebration of Chinese New Year on Saturday, February 10, CDN Digital did a quick.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

WATCH: For Chinese New Year, even Catholics visit this Manila Buddhist temple

Filipino-Chinese families make a unique display of faith and culture as they visit Seng Guan Temple, one of Manila's biggest Buddhist temples, on the eve of Chinese New Year 2024.....»»

Category: newsSource:  rapplerRelated NewsFeb 10th, 2024

How Chinese Religion clashed – and mixed – with Filipino Christianity

Chinese New Year shows the unique faith of Filipino-Chinese families, visiting Buddhist temples to honor their ancestors while still professing faith in the Catholic Church.....»»

Category: newsSource:  rapplerRelated NewsFeb 10th, 2024

Marcos tells Fil-Chinese community to reflect on past accomplishments

MANILA, Philippines —  President Ferdinand Marcos Jr. recognized the “heritage of the dragon” as the country marked the Chinese New Year on Saturday. In a message to the Filipino-Chinese community, Marcos encouraged reflection on the past year’s accomplishments and eagerness to embrace the opportunities that the coming year offers. “This occasion brims with infinite opportunities.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2024

Chinese New Year Colors Explained for Filipinos

Every Chinese New Year, Filipinos see splashes of red and yellow everywhere in the form of lanterns and envelopes full of cash. While Chinese culture is all about luck, what Filipinos should know is that good luck is not actually found in the lanterns or envelopes themselves. Rather, the luck is in the colors. Just.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

8 ‘auspicious’ Chinese New Year food

To welcome the new year and to attract the good luck that it would bring, the Chinese have included in their annual tradition the serving of “auspicious” food every Chinese New Year, which falls on February 10 this 2024......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Chinese presence at NGCP

The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024