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Quarters spots at stake in PBA Friday scorcher

Despite recent struggles or even an embarrassing game last time out, the dreams of four aspirants in the tight race for the PBA Philippine Cup playoffs are within reach......»»

Category: sportsSource:  philstarRelated NewsMay 3rd, 2024

Leviste acquires 8.5% stake of ABS-CBN

Entrepreneur Leandro Leviste, founder of renewable energy firm Solar Philippines, purchased P76.5 million worth of shares of ABS-CBN Corp. or 8.5% of the network......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

BDO: No plan to buy stake in NAIA rehab

The country’s largest bank is confirmed to be one of the lenders that will fund the P170.6-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), but rejected any and all offers to be an investor in the project......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Tapales returns

Marlon Tapales, the former unified and two-division world champion, returns to the ring against Nattapong Jankaew of Thailand on May 10 with the WBC Asia Continental super bantamweight title at stake at the Midas Hotel and Casino......»»

Category: sportsSource:  philstarRelated NewsApr 28th, 2024

PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain

PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain The Philippine Competition Commission (PCC) is conducting a deeper review of the proposed acquisition by Ayala Corp.’s unit of a substantial stake in North Luzon drugstore chain St. Joseph Drugstore......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

US House votes for possible TikTok ban if Chinese owners don’t sell

WASHINGTON — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year, but don’t expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package,.....»»

Category: newsSource:  inquirerRelated NewsApr 21st, 2024

Blockbuster card in Mandaue

A seven-fight, 58-round card called Engkwentro 13 is guaranteed to rock the Mandaue Cultural and Sports Complex on May 1 with a pair of WBO Oriental championships at stake in a double main event featuring undefeated prospects and a former two-time world titlist gunning for another crack at the crown.....»»

Category: sportsSource:  philstarRelated NewsApr 21st, 2024

Dumam-ag gears up for WBO regional title fight in Mandaue City 

CEBU CITY, Philippines — Lorenz “Shotgun” Dumam-ag has been grinding himself in training for his Labor Day regional title duel against ARQ Boxing Stable’s Rami “Sharp” Macado at the Mandaue City Sports Complex. Dumam-ag and Macado’s bout puts the vacant World Boxing Organization (WBO) Oriental flyweight title at stake in the main event of the.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

GSIS raises RCR take to 8.18%

The Government Service Insurance System has increased its stake in the Gokongwei-owned RL Commercial REIT to 8.18% through the purchase of over 790 million shares of RCR over the past 60 days......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

MRC Allied buys 31% stake in Rappler

MRC Allied disclosed that it has agreed to purchase the entirety of Dolphin Fire Group’s 31.2% interest in Rappler Holdings Corp, which is the parent company of the Rappler news company......»»

Category: financeSource:  philstarRelated NewsApr 8th, 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

Golden Tigresses stake perfect record vs winless Maroons

Opposites collide as unbeaten University Santo Tomas takes on the winless University of the Philippines nearing the homestretch of the UAAP Season 86 women’s volleyball tournament first round......»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

Japanese firm to double stake in REDC

Japanese conglomerate Tokai Corp. will double its equity exposure in Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Manila to host squash SEA Cup

The eighth SEA Cup Squash Championships will be held at the National Squash Center, Rizal Memorial Sports Complex, in June with 11 gold medals at stake in men’s singles, women’s singles, mixed team, men’s jumbo doubles, women’s jumbo doubles, mixed jumbo doubles, U23 jumbo doubles, U23 international doubles, men’s international doubles, women’s international doubles and mixed international doubles......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

Ayala Corp. impacted by Mitsubishi’s discount stake sale

Ayala Corp shares were down as much as 5.7% yesterday on news that Mitsubishi Corp. has started a process to sell 8.6 million AC common shares at a 7% to 9% discount to Wednesday’s P696/share close......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

NICE, Ganda! NICE, SARAP! McDonald’s comes out with oh-so-satisfying Chicken McDo

Summary: McDonald’s Introduces Bigger, Juicier, and Crispier Chicken McDo McDonald’s has unveiled an enhanced version of its beloved Chicken McDo, promising a more satisfying and flavorful experience for chicken enthusiasts. The new and improved Chicken McDo boasts larger and juicier cuts, coupled with a revamped breading process that results in a crispier and flakier skin. This upgrade aims to elevate the dining experience, ensuring that every bite is succulent and fulfilling. In addition to the enhanced chicken offering, McDonald’s is also introducing value-packed meal options to cater to different preferences. Customers can indulge in the 1pc Chicken McDo with DOUBLE Rice for a hearty and filling meal, or opt for the 1pc Chicken McDo with McFloat for a refreshing accompaniment. The reimagined Chicken McDo has garnered praise from renowned personality Vice Ganda, who has expressed her delight with the improvements. McDonald’s has made the new Chicken McDo available for dine-in, take-out, drive-thru, and delivery, ensuring that customers can savor its delectable taste at their convenience. For those eager to explore more exciting deals and promotions related to the Chicken McDo, McDonald’s encourages users to download the McDonald’s App and McDelivery App, and stay updated on social media platforms such as Instagram and Facebook. Overall, McDonald’s Chicken McDo aims to satisfy cravings with its bigger, juicier, and crispier appeal, offering a delectable chicken experience that can be enjoyed anytime, anywhere......»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Hope for more survivors from Baltimore bridge collapse fades

BALTIMORE  – The coast guard announced on Wednesday that hope of finding more survivors of the Baltimore bridge collapse has dimmed, and efforts have switched to searching for the bodies of the missing persons, as well as seeking more answers as to why a container ship crashed into the span. The coast guard announced on.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Tagum to put up more sports facilities

MORE sports facilities will be constructed in Tagum City to provide more venues for recreational activities for the Tagumenyos, especially the youth......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024