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Shipping giant warns of global transport disruptions

Maersk has put customers on notice that risks in the Red Sea may persist for months      Danish shipping major AP Moller-Maersk has warned of significant disruptions to the global shipping network due to the elevated risk of attacks in the Red Sea.   "While we hope for a sustainabl.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

MVP, Ang may jointly bid for MRT-3

Another infrastructure tie-up between tycoons Manuel V. Pangilinan and Ramon Ang could be in the works as Metro Pacific Investments Corp. will engage San Miguel Corp. in bidding for the privatization of the Metro Rail Transit Line 3......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

153,000 aliens took part in 2024 Annual Report – BI

OVER 153,000 foreign nationals took part in this year’s annual report by aliens who are holders of immigrant and non-immigrant visas in country. This was learned from Bureau of Immigration (BI) Commissioner Norman Tansingco himslef, as he disclosed that a total of 153,651 foreigners participated in the 2024 Annual Report which started on January 1, […].....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 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

Roxas Holdings’ net loss triples to P2.2 billion

The net loss of sugar and ethanol producer Roxas Holdings Inc. more than tripled in its fiscal year 2023 as the group reeled from the closure of its milling operations......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

DMCI Holdings net income down 20% to P24.9B as revenue drops

DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

DMCI Holdings posts 20% profit drop in 2023

Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

8990 Holdings expands buyback limit to P7-B of stock

8990 Holdings disclosed that its board of directors voted to “expand” a P2 billion stock buyback program that was originally established back in 2019, which was then suspended during the pandemic to conserve cash......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

DoubleDragon unit Hotel101 Global readies US listing

Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Time to Shine: Make Your Mark for Earth Hour at SM Malls

Small actions can make a big difference. This year, SM Supermalls invites everyone to #GiveAnHourForEarth by joining millions around the world in the annual Global Lights Switch Off on March 23 from 8:30pm to 9:30pm. This 2024, SM marks 16 years of commitment in supporting the annual campaign initiated by the World Wildlife Fund (WWF).....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Bigger Metro Manila Film Festival for its 50th year

The annual summer Metro Manila Film Festival will be canceled this year to give way to a bigger, grander and much-awaited 50th anniversary of the MMFF this December......»»

Category: entertainmentSource:  philstarRelated NewsApr 7th, 2024

EAM Jaishankar discusses security, maritime cooperation with his Philippine counterpart in Manila

Manila [Philippines], March 26 (ANI): External Affairs Minister S Jaishankar, who is on an official visit to Manila, held a 'warm and productive' meeting with Philippines Secretary for Foreign Affairs, Enrique Manalo on Tuesday and discussed wide-ranging issues of security and maritime cooperation. During the meeting, both leaders exchanged views on global, regional, and multilateral issues, including Indo-Pacific, ASEAN,.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

PNR walang biyahe sa Metro Manila simula March 28, suspendido ng 5 taon

MAY abiso ang Philippine National Railways (PNR)! Simula March 28, suspendido ang operasyon sa Metro Manila at ‘yan ay magtatagal ng limang taon. Ang mga istasyon na hindi na muna makakabiyahe ay ang Governor Pascual-Tutuban at Tutuban-Alabang, ang dalawang makabilang end stations sa Metro Manila. Ayon sa PNR, ito ay upang magbigay-daan sa gagawing konstruksyon.....»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024

Explore Canadian Flavors Launch in Metro Supermarket Cebu

An exciting shopping experience awaits customers as The Metro Supermarket and the Canadian Embassy join forces in an exciting partnership! From February 15 to March 15, 2024, The Metro Supermarket and the Canadian Embassy will collaborate to offer customers a unique gastronomic experience, inviting them to “Explore Canadian Flavors” through a curated selection of products.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Metro Manila nangunguna sa ‘Worst Traffic in the World’, ayon sa pag-aaral

NUMBER one sa listahan ng “Worst Traffic in the World” ang Metro Manila. Base sa 2023 TomTom Traffic Index, umaabot sa average na 25 minutes and 30 seconds ang pagmamaneho ng 10 kilometers sa Metro Manila. Ito ay 50 seconds na mas mabagal kaysa sa naitala noong 2022. Ayon pa sa pag-aaral, ang karaniwang ginugugol.....»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

DOTr: Government, PPP projects to solve Metro traffic

The Department of Transportation has committed to solve the traffic congestion in Metro Manila through public-private partnerships after the region was ranked as the worst metro in the world in a mobility index......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

MMDA questions int l study calling Metro Manila the worst in traffic worldwide

The Metropolitan Manila Development Authority (MMDA) cast its doubt on the "2023 Traffic Index," released by transportation data company TomTom Traffic, calling Metro Manila the worst in metro traffic worldwide......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Grab Philippines commends Marcos, Romualdez on transpo reforms

During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

DBM releases P900 million crop insurance funding

To cover the crop insurance premium of subsistence farmers and fisherfolk in the country, the Department of Budget and Management has released P4.5 billion and its corresponding Notice of Cash Allocation for the 1st Quarter of the year in the amount of P900 million to the Philippine Crop Insurance Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024