Maharlika CEO: terrorists are the only investors we won’t deal with
In an interview with Nikkei Asia, Rafael Consing, CEO of the Maharlika Investment Corp., addressed the delay in the MIC’s deployment of capital, and provided some insight into the level of interest the fund has received from global investors......»»
Global Cybercrime Treaty: A delicate balance between security and human rights
Cybercrime is a multi-trillion-dollar business. Drugs and weapons are being bought on the "dark web", fraudsters are fleecing members of the public in elaborate online scams, and terrorists are grooming supporters and recruiting fighters. Recognizing the growing dangers of cybercrime, the UNhas set.....»»
Hamas arrives in Cairo for ceasefire talks with deal ‘on the table’
Washington says a ceasefire deal was already 'on the table,' approved by Israel and awaiting only a sign-off from the militants. But the warring sides give away little information on the state of any progress......»»
Investors don t morally care -CEO explains why Oreo s remain in Russia
The shareholders of Mondelez International have never pressured the company to quit the market, Dirk Van de Put has said The shareholders of Mondelez International, one of the world's biggest snack companies, do not "morally care" whether the firm continues to do business in Russia, the company's.....»»
RCBC head named among ‘People of the Year 2024’
Rizal Commercial Banking Corp. president and CEO Eugene Acevedo made it to the ‘People of the Year 2024’ by renowned publication People Asia, making him the only Philippine banker in the list......»»
Vita Coco cements partnership with Philippines in new deal with Century Pacific
Philippine company Century Pacific Food inks a new long-term deal with Vita Coco to help fill the US firm's need for 90 million liters of coconut water over the next five years, as more consumers shift to 'healthier' drinks.....»»
Stocks retreat as investors stay on sidelines
Share prices retreated yesterday as investors opted to stay on the sidelines with trading shortened to three sessions this Holy Week......»»
Mac Tallo hopes for better things with MPBL return
CEBU CITY, Philippines — Time to move on. Cebuano hotshot Mac Tallo is hoping for better things with the Abra Weavers in his return to the Maharlika Pilipinas Basketball League (MPBL). The talented point guard signed with the Weavers late February, but didn’t make an announcement until earlier this week. For Tallo, it’s a new.....»»
FACT CHECK | President Marcos says the ICC may come but the government won’t cooperate with their investigation
MindaNews fact-checked the claim made by the YouTube channel KABAYAN NEWS PH that President Ferdinand Marcos Jr. has declared he won’t allow the International Criminal Court to enter the country and investigate alleged extrajudicial killings committed under the “war on drugs” of the Duterte administration. The claim is false, as Marcos said the ICC may come but the government or any of its agencies would not cooperate in their […].....»»
Investors take profits ahead of Holy Week break
The stock market fell below the 6,900 level once more to end the week in the red as investors cashed in on their profits......»»
DTI seals lease deal with Filinvest
Gotianun–led property developer Filinvest Land Inc. is supporting the Department of Trade and Industry plan to consolidate its various operating units with a deal to lease the company’s entire Filinvest Buendia building in Makati to the agency......»»
Philippine eyes rice deal with Cambodia
The Philippines is eyeing a possible rice supply deal with Cambodia as it braces for the effects of the El Niño phenomenon on its food supply......»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
More investors interested in NAIA funding, says Ang
More potential investors, including those who unsuccessfully bid, have expressed interest in participating in the 15-year contract to operate and upgrade the Ninoy Aquino International Airport, the project’s winning proponent said......»»
US inflation, BSP action on investors radar this week
The stock market will attempt to sustain its momentum this week as investors look to get inspiration from upcoming US economic data and the policy rate-setting meeting of the Bangko Sentral ng Pilipinas......»»
Terrorists are jokers
The Anti-terror Law is a product of hysteria and paranoia of the previous administration. It aims to fight terrorism, but it is by itself the mother of all terrors, so it seems. From it emerge the awkward, leery stunts and exploits of those in the corridors of power. One big reason why I have never […].....»»
Investors swarm T-bond auction
Investors swarmed the latest offering of long-term securities, resulting in slightly lower rates and allowing the government to raise P30 billion......»»
Ecozone regulator wooing more Japan investors
The Philippine Economic Zone Authority is eyeing to grow investments from Japanese investors to as much as P80 billion this year, as it continues to be aggressive in its investment promotion efforts in the East Asian market......»»
Italy s Dodgy Detention Deal with Albania
Italy's detention deal with Albania breaches international law and is abusive in many aspects, including by potentially creating legal limbo for vulnerable people. Yet, the plan-to detain in Albania people interdicted or rescued by Ital.....»»
Philippines to sign 5-year rice deal with Vietnam
The Philippines is expected to forge a five-year rice deal with Vietnam during President Marcos’ state visit later this month to ensure stable supply even during calamities, Agriculture Secretary Francisco Tiu Laurel Jr. said yesterday......»»