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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.....»»
Junior Altas, Squires chalk up win No. 6
The Perpetual Junior Altas recovered from a loss and recorded their sixth win in the NCAA Season 99 Juniors basketball tournament with a 102-84 rout of the Jose Rizal U Light Bombers at the Filoil EcoOil Center in San Juan City yesterday......»»
Squires all bald, brawny
The all-bald Letran Squires crushed the Jose Rizal U Light bombers, 102-64, yesterday and kicked off their back-to-back bid in NCAA junior basketball on a high note at the Filoil EcoOil Centre......»»
Cotabato: Strong winds, heavy rains destroy 85 houses
COTABATO CITY — In Cotabato province, heavy rains and strong winds that battered Kabacan town amid excruciating heat on Maundy Thursday left 85 houses destroyed, the local disaster office said. Kabacan Mayor Evangeline Pascua-Guzman said four villages were hardest hit by the heavy downpour and what locals believed was mild tornado that started at about.....»»
‘Staying humble’: Blackwater to keep pushing after 3-0 start
Blackwater extends its spotless run in the PBA Philippine Cup with a commanding win over hapless Converge, moving within one victory from tying its best unbeaten start in franchise history.....»»
Green Archers, Red Lions tagged as favorites in Aspirants’ Cup
Back-to-back reigning champion EcoOil-La Salle and runner-up Marinerong Pilipino-San Beda headline the cast as the PBA Developmental League ushers in its 2024 calendar with the Aspirants’ Cup on March 14 at the Filoil EcoOil Centre......»»
EDITORIAL - Red carpet, not red tape
The economic team faces a challenging task: replace red tape with a red carpet for investments......»»
NC State vs. Purdue: Betting odds, moneyline, and more for 2024 NCAA Tournament
NC State continues its remarkable March Madness run as they gear up to face off against Purdue in the NCAA tournament semifinals. The Wolfpack have.....»»
Flawless Lady Knights sweep way to NCAA beach volleyball crown
The Letran Lady Knights came into the NCAA Season 99 beach volleyball tournament wary of their chances against a stronger, beefed up field......»»
Leviste to acquire 71% stake in Roxas Holdings for P5 billion from MVP
Solar energy trailblazer Leandro Leviste, through Countryside Investment Holdings Corp., is set to acquire a controlling 71.6% stake in Roxas Holdings Inc. from Hong Kong’s First Pacific Co. Ltd. .....»»
Manila Water sells stake in Bulacan units to SMC
Razon-led Manila Water Co. Inc. is divesting its stake in two Bulacan joint venture corporations for P1 billion to a subsidiary of San Miguel Corp. as it focuses on other activities outside the East Zone concession......»»
Leviste keen on raising ABS-CBN stake
Businessman Leandro Leviste, the son of Sen. Loren Legarda, is willing to increase his stake in the Lopez family’s media company ABS-CBN Corp......»»
SPNEC confirms plans to sell 40% stake in Terra Solar project to foreign investors
SP New Energy, now a Meralco subsidiary under Manny V. Pangilinan’s chairmanship, confirmed reports that it plans to sell “up to 40% equity stake in the Terra Solar” project......»»
BAP selling PDS stake ‘at right conditions’
The Bankers Association of the Philippines is keen on selling its stake in the Philippine Dealing System Holdings Corp. to the Philippine Stock Exchange Inc. at the right conditions......»»
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......»»
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......»»
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’”......»»
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......»»
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......»»
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......»»