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DMCI keen on entry into cement business
The Consunji Group is looking to pursue its entry into the cement business with the acquisition of Cemex Holdings Philippines (CHP)......»»
STI to acquire business school PSBA
STI Education Systems Holdings Inc. is beefing up its network of schools in the country with the acquisition of the Philippine School of Business Administration......»»
DMCI eyes entry into cement business
The Consunji Group is looking to diversify into a new industries, with the cement business among those being considered through a potential acquisition of Cemex Holdings Philippines......»»
Man-made disasters cost Philippines 164.87 mln USD in 2023
MANILA, March 26 (Xinhua) -- Man-made disasters caused the total damage in the Philippines worth 9.29 billion pesos (164.87 million U.S. dollars) in 2023, the Philippine Statistics Authority (PSA) said Tuesday. The agency said that out of the total annual damage, 4.93 billion pesos (87.5 million dollars), or 53.1 percent, was due to the oil spill. "The reported oil spill in various regions resulted in dam.....»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
PH Secures PHP 222-B Investment from Germany
The Philippines has secured a substantial USD 4 billion (equivalent to PHP 222 billion) in investments across diverse sectors during President Ferdinand R. Marcos Jr.’s visit to Germany. President Marcos unveiled this information on Wednesday morning’s Facebook post, underlining the significance of these deals with Germany, a notable player in the European Union. Drawing on […].....»»
308 mln USD stolen in investment, romance scams in 2023 in Japan
TOKYO, March 7 (Xinhua) -- The amount of money stolen in investment scams perpetrated via social media and in online romance scams in Japan totaled 45.52 billion yen (about 308 million U.S. dollars) in 2023, police data showed on Thursday. In 2023, damages from investment frauds using Facebook, Instagram and other social media means amounted to 27.79 billion yen in 2,271 cases reported to police, while damages f.....»»
Dominion Holdings Inc.: Notice of Annual Stockholders’ Meeting (Second Publication)
Dominion Holdings Inc. will conduct its annual stockholders' meeting virtually on April 12, 2024, Friday at 3 p.m......»»
MGen, Aboitiz to invest in Chromite Gas Holdings
Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
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......»»
MGen, Aboitiz take over Chromite Gas Holdings
Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc to take over Chromite Gas Holdings as part of a plan to launch the country’s first and most expansive ......»»
Cebu Holdings to delist on March 1
The PSE gave notice on Friday that Cebu Holdings would be delisted on March 1......»»
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......»»
Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty
The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»
Michael Angelo Yambok: Empowering communities through cultural work
ALABEL, Sarangani (MindaNews / 18 February) — For Michael Angelo “Yumi” Yambok, being a cultural worker for the Tboli people is a family tradition. His grandparents and parents, aunts and uncles, were cultural workers — they helped uplift the lives of the Tboli communities and left such a profound impact on their lives. In the […].....»»
India orders BrahMos cruise missiles worth $2.3bn
The government has approved the purchase of 200 of the supersonic weapons, which were co-developed with RussiaNew Delhi's Cabinet Committee on Security cleared the acquisition of 200 BrahMos extended-range supersonic cruise missiles on Wednesday. The new weapons, developed jointly by India and Russia, are to be purchased for around 190 billion rupees ($2.3 billion). They will be mounted on warsh.....»»
India orders BrahMos cruise missiles worth $2.3bn
The government has approved the purchase of 200 of the supersonic weapons, which were co-developed with RussiaNew Delhi's Cabinet Committee on Security cleared the acquisition of 200 BrahMos extended-range supersonic cruise missiles on Wednesday. The new weapons, developed jointly by India and Russia, are to be purchased for around 190 billion rupees ($2.3 billion). They will be mounted on warsh.....»»
Capital One to Acquire Discover for $35 Billion in Merger of Major US Credit Card Companies
Capital One Financial has announced plans to purchase Discover Financial Services in a landmark deal valued at $35 billion. The acquisition, which will be an.....»»
Michael, Carissa ng ‘Us The Duo’ hiwalay na: ‘We’re no longer married’
“THE two of us are no longer married.” ‘Yan ang kinumpirma nina Michael Alvarado at Filipino-American Carissa Alvarado, ang couple na bumubuo sa folk duo na “Us The Duo,” sa ibinandera nilang announcement sa Facebook page noong March 29. “Us The Duo was created back in 2012 as a place for us to share our.....»»