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P4-M smuggled cigs seized, 2 arrested

THE Bureau of Customs-Davao Region (BOC-Davao) confiscated smuggled cigarettes worth P4 million in Barangay Lacson, Calinan District, Davao City on March 22, 2024......»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

If he gets elected, Yogi Ruiz warns drug traders to leave Cebu City

CEBU CITY, Philippines — Illegal drug traders were warned by former Bureau of Customs Commissioner (BOC) and former Philippine Drug Enforcement Agency (PDEA)-7 Director Yogi Felimon Ruiz to leave Cebu City within 30 days if he is elected as mayor in the 2025 local and national elections. This was his promise as he is 100%.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

BOC still looking for ‘viral’ sports car

The Bureau of Customs is still searching for one of two luxury sports cars that had gone viral after being spotted speeding along Metro Manila’s roads, an official said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

BOC creates body to solve trade woes

The Bureau of Customs has established an advisory council that aims to address trade bottlenecks and enhance trade facilitation among importers and business groups amid a changing global environment......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

BOC rakes in P73 billion in revenues in January

The Bureau of Customs is off to a good start this year after it collected P73 billion in revenues in January on enhanced valuation and improved trade facilitation......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

NAIA deal signing set in Malacañang on Monday

Diversified conglomerate San Miguel Corp. will get the blessing of no less than President Marcos in its takeover of the Ninoy Aquino International Airport as the Chief Executive is expected to witness the signing of the concession on Monday......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Haiti: Urgent Action Needed amid Growing Lawlessness

(Washington, DC) - Haiti is on the brink of a total collapse or takeover of the state as violent criminal groups seeking to overthrow the government have attacked police officers and state institutions, including prisons, Human Rights Watch said today. The groups' actions have brought economic activity, the delivery of life-saving humanitarian assistance, and nearly.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

The best is yet to come

With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

A glance at government s windfall from SMC’s NAIA takeover

The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

The deal of the century

That is how San Miguel Corporation’s takeover of the operations and management of the Ninoy Aquino International Airport in the next 25 years turns out to be......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH

The takeover of Coca-Cola Beverages Philippines Inc.  by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

‘Higher NAIA passenger fees loom upon private takeover’

Filipinos should brace for higher passenger service charges of as much as 95 percent at the Ninoy Aquino International Airport when its management goes to the hands of a private group......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

‘Hostile takeover 101’

Never come between a sabungero and his chickens or there will be hell to pay!.....»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

MGen completes takeover of SPNEC

MGen Renewable Energy Inc., a subsidiary of Manila Electric Co., has completed its P15.9- billion investment in SP New Energy Corp.......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Duterte using cops, soldiers for power grab – Bayan

The military and the police should not allow themselves to be used by former president Rodrigo Duterte in his desire to grab power by ousting President Marcos, cause-oriented group Bagong Alyansang Makabayan (Bayan) said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Duterte’s P.S. to Cebu supporters:  support Sara’s bid for the Presidency

DAVAO CITY (MindaNews / 26 February) – After bidding the crowd goodbye during the “candlelight prayer rally”of Hakbang ng Maisug in Cebu City on Sunday evening, former President Rodrigo Duterte made a pitch for his daughter Sara, currently the Vice President, urging them to support her bid for the Presidency in 2028. Duterte did not […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Rodrigo Duterte denies leading destab: ‘I’m fine with Marcos’

Former President Rodrigo Duterte denied holding meetings with military officials on rumored destabilization plots against President Ferdinand Marcos Jr......»»

Category: newsSource:  davaotodayRelated NewsJan 10th, 2024

Ex-President Duterte is lone 2024 Datu Bago awardee

DAVAO CITY (MindaNews / March 5)—Former President Rodrigo Duterte, who also served as mayor for over two decades, will be the lone 2024 Datu Bago awardee. Davao City Councilor Pilar Braga, who also chairs the Datu Bago Awards Organization (DBAO), said it is high time for Duterte to receive the award as the “most deserving […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Rama ‘worried’ about Duterte-Marcos dispute

CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024