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3 incumbent councilors to join Ruiz’s slate

LAPU-LAPU CITY, Cebu — Three incumbent Cebu City councilors have expressed their intention to join the slate of former Customs Commissioner Yogi Ruiz in the upcoming 2025 midterm elections. However, Ruiz refused to disclose their names, citing concerns that their pending projects may not be funded if they are identified. “Wala pa lang gyud sila.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2024

Rudy Gobert, Michael Conley lead Timberwolves past Trail Blazers 119-114

Rudy Gobert, Michael Conley lead Timberwolves past Trail Blazers 119-114.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Filipinas drop friendly versus Finnish

The Philippines started its 2024 slate on the wrong foot as the Filipinas absorbed a 0-4 shutout from Finland in their international friendly in Murcia, Spain......»»

Category: sportsSource:  philstarRelated NewsFeb 22nd, 2024

Get kids jabbed versus pertussis, parents urged

Get kids jabbed versus pertussis, parents urged.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Jollibee buys 10% stake in Botrista for $28-M

Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis

Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

PAL denies that it has started the groundwork to sell a minority stake to strategic investor

Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

PAL revives stake sale to investors

Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

AboitizPower hikes stake in STEAG

Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake

Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

REDC anchor investor buys secondary share stake

This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

MGreen hikes stake in SPNEC

MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Ayala Corp. is interested in selling LRT-1 stake to Villar Group

Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp.  to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

DTI, UNSC partner to secure PH s clean energy transition

DTI, UNSC partner to secure PH s clean energy transition.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Alliance Global taps Meralco’s MPower for clean energy

The local retail electricity supplier of Manila Electric Co.is set to supply clean energy to Alliance Global Group Inc. of tycoon Andrew Tan......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Government grants $6.6 million to clean up old landfill sites

The Government has granted $6.6 million to clean up four historic New Zealand landfill and dump sites vulnerable to extreme weather events and coastal erosion.At the BlueGreens Forum in Paihia today Environment Minister Penny Simmonds said that the Contaminated Sites Remediation Fund grants will go towards fixing former landfills and dump sites in Tairwhiti, Southland, Canterbury and Nelson.  "These.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 26th, 2024

SMC ramping up clean energy investments

Diversified conglomerate San Miguel Corp. is poised to amplify its investment in clean energy to support the growing power requirements of the country......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024