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PLDT buys 35% of Meralco unit

Telco giant PLDT Inc. is showing no signs of slowing down its broadband expansion, this time investing P2.12 billion to acquire more than a third of shares in a sister subsidiary......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

PLDT eyes new president

Telco giant PLDT Inc. may appoint within the year a new president and CEO who will be tasked to lead the company in a period of growth uncertainty......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

PLDT, ABS-CBN call-off P6.75-B SkyCable deal

PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Meralco restores power, ends slump

Meralco restored power to its drive to the quarterfinals of the PBA Philippine Cup with a clutch 82-76 victory over Phoenix yesterday at the Smart Araneta Coliseum......»»

Category: sportsSource:  philstarRelated NewsApr 26th, 2024

MVP Group dominates 20th Philippine Quill Awards

It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew

Bulatlat condemns the latest red-tagging of Albay-based journalist Reynard Magtoto who wrote an in-depth report about the lies and deceptive activities of the National Task Force to End the Local Communist Armed Conflict (NTF-ELCAC) in the region. The post Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 25th, 2024

PLDT-Smart’s pioneering inclusion program shortlisted at 2024 GLOMOs

The PLDT Group’s Inclusion, Diversity, Equity, Advocacy through Technology program has been shortlisted at the 2024 Global Mobile Awards......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

10th ID bashes Canadian gov’t for travel advisory vs Mindanao

The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Pagasa: Less chance of tropical cyclone forming in March

MANILA, Philippines — Meteorologists from Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) stated that there is a low chance of a tropical cyclone forming or entering the Philippine area of responsibility (PAR) this March. The likelihood of experiencing typhoons remains low this month, but it is still possible, said Benison Estareja, weather specialist from Pagasa,.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

PLDT forms shared digital services company called Digico

PLDT [TEL 1278.00 ?0.9% said yesterday that it has created “a new digital entity” called Digico that will act as a “platform for a serious [MVP Group]-wide digitalization effort”......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Smart strengthens partnership with TPC

PLDT wireless unit Smart Communications Inc. strengthens its partnership with Telepreneur Corp., a leading direct selling company of network load, by supporting its biggest event to kick off 2024......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Mati City, 10 municipalities in Davao Oriental suspend classes, work

Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Solaire Quezon City casino fully ramped up in 2 years

Bloomberry Resorts Corp. of tycoon Enrique Razon expects to fully ramp up in two years its upcoming $1 billion casino resort in Quezon City, which is expected to open on May 25......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Proposed relocation site for Maco landslide victims yet to be fully assessed – MGB

DAVAO CITY (MindaNews / 19 February) – A two-hectare land near the Immaculate Conception Quasi-Parish in Barangay Elizalde, Maco in Davao de Oro that is being eyed as a temporary shelter for landslide victims from the town’s barangays Masara and Mainit has yet to be fully assessed by geologists from the Mines and Geosciences Bureau […].....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 20th, 2024

KMC empowers Cebu businesses to embrace the future of work with flexible, fully serviced office solutions

In Cebu, a city brimming with entrepreneurial spirit and tech-savvy talent, a unique solution is emerging right-sizing physical presence and embracing the flexibility and focus of fully serviced office spaces provided by KMC Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Cebu City hotels fully booked as Sinulog season kicks in

Photo shows the skyline of uptown Cebu City where several business hotels are located. | CDN FILE PHOTO CEBU CITY, Philippines — As the Sinulog season kicks in, hotels in Cebu City are almost fully booked, reaching 90 to 100 percent occupancy. Hotel, Resort, and Restaurant Association of Cebu Inc. (HRRACI) president Alfred Reyes confirmed this.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

60K Penta vax distributed across Davao Region

FOLLOWING the recorded cases of pertussis or whooping cough in the region, the Department of Health-Davao Region (DOH-Davao) revealed that there are around 60,000 Penta vaccines that have been fairly distributed in the different local government units (LGUs) in the region......»»

Category: sportsSource:  abscbnRelated NewsApr 5th, 2024

Teodoro steers Mindoro past Bicol in MPBL

Teytey Teodoro found his groove in the homestretch and lifted the Mindoro Tamaraws past the Bicol Oragons, 84-81, on Monday in the 6th MPBL (Maharlika Pilipinas Basketball League) Season at the Kamalig Coliseum in Orion, Bataan......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Teodoro steers Mindoro past Bicol in MPBL

Teytey Teodoro found his groove in the homestretch and lifted the Mindoro Tamaraws past the Bicol Oragons, 84-81, on Monday in the 6th MPBL (Maharlika Pilipinas Basketball League) Season at the Kamalig Coliseum in Orion, Bataan......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

China sidetracked as funding source for PNR Bicol

The government is taking another funding route for the Philippine National Railways South Long Haul, also called the PNR Bicol instead of China. It is seeking the assistance of the Asian Development Bank instead to pursue the long-delayed rail project......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024