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NEWS BRIEFS | 12 February 2024
MindaNews’ Gallardo is new Cagayan de Oro Press Club president MindaNews reporter Froilan Gallardo was elected as president of the Cagayan de Oro Press Club over the weekend. The press club held the elections last Saturday to vote for the 15-man board of directors. After the board was elected, the directors voted Gallardo as president. […].....»»
MCWD eyes additional Board members from other LGUs
CEBU CITY, Philippines — The MCWD might include more members on its Board of Directors coming from other LGUs being served by the agency. The new members would represent the other highly-urbanized cities, including five municipalities under Cebu Province. In a press statement on Jan. 24, the MCWD board members said that they are ‘considering.....»»
Iranian directors say they are ‘forbidden’ to join Berlin Film Festival premiere
'We are forbidden from joining you and watching a movie on the silver screen that is about love, about life, and also about freedom, a lost treasure in our country," the directors said in a statement after being barred by Iranian authorities.....»»
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......»»
Gillian Anderson bids Sex Education goodbye with Golden Globes 2024 vagina-embroidered dress
British-American actress Gillian Anderson was quite the head-turner at the 2024 Golden Globes after wearing a dress with female reproductive parts embroidered all over it......»»
Cebu Landmasters board approves P5-B preferred shares offering
Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»
DSWD taps Lapu-Lapu for Solo Parents Program
DSWD taps Lapu-Lapu for Solo Parents Program.....»»
San Miguel board approves P20-B bond issuance
San Miguel disclosed that its board of directors has approved a P20 billion issuance of fixed-rate Peso-denominated bonds......»»
2 board members to Daluz-led board: We’re still here
2 board members to Daluz-led board: We’re still here.....»»
Arthaland board approves P3-B preferred shares sale
The Arthaland board of directors approved a follow-on offering of up to P3 billion worth of preferred shares at P500/share......»»
Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
Vanishing Ice, Vanishing Giants: The Urgent Tale of Polar Bears on International Polar Bear Day
by: Assaf Levy, BioDB International Polar Bear Day, celebrated on February 27th, highlights the plight of polar bears amidst the melting Arctic ice and climate change. It's a day that calls for global awareness and action towards preserving these majestic creatures and their h.....»»
Alternergy reallocates IPO proceeds to Tanay and Alabat projects
Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»
Soriano: 90% of directors unaware of their critical fiduciary duties
Soriano: 90% of directors unaware of their critical fiduciary duties.....»»
Directors’ guild pushes arrested filmmaker’s release
The Directors Guild of the Philippines Inc. has called for the immediate release of filmmaker Jade Castro (“Endo,” “Zombadings”) following his arrest in Quezon province over suspected arson......»»
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......»»
SMIC expands board seats
The Sy family is bolstering the boardroom of its flagship holding firm SM Investments Corp. by expanding the number of its directors......»»
PSE has until 2025 to spend money it raised in 2018
The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»
The need for reputation experts in corporate boards
In modern corporate governance, the composition of a company’s board of directors plays a pivotal role in determining its strategic direction, ethical standards, and ultimately, its success or failure in the market......»»
Martinez, Garcia families end feud; Bogo officials join One Cebu
Martinez, Garcia families end feud; Bogo officials join One Cebu.....»»