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NSC exec: Gentleman’s agreement not binding

The Philippines will not do anything to jeopardize its occupation of Ayungin Shoal, National Security Council assistant director general Jonathan Malaya said yesterday, underscoring that former president Rodrigo Duterte’s “gentleman’s agreement” with China is not legally binding......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

NSC on sea aggression: China in for a surprise

China is “in for a rude surprise” if it thinks it can intimidate Filipinos with its increasingly aggressive behavior in Philippine waters, National Security Council assistant director general Jonathan Malaya said......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

China removes its floating barriers from Panatag

The reasons are not yet clear, but China has removed its floating barriers in the vicinity of Panatag (Scarborough) Shoal in the West Philippine Sea, National Security Council assistant director general Jonathan Malaya said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

EDITORIAL - NTF-ELCAC abolition

The government believes “total victory” over communist rebels is possible this year, according to Jonathan Malaya, the assistant director general for strategic communications of the National Security Council......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

China readies blockade of Panatag – US expert

Beijing is deploying a “huge force” to prevent a flotilla of Filipino fishing boats and other small vessels under the Atin Ito Coalition from reaching Panatag or Scarborough Shoal, according to a US-based maritime expert......»»

Category: newsSource:  philstarRelated NewsMay 14th, 2024

Rama to contest suspension order in Supreme Court, readies legal fight

CEBU CITY, Philippines – Cebu City Mayor Michael Rama stays firm despite being ordered a preventive suspension by the Ombudsman. He now plans to ask for Supreme Court intervention, believing the decision might be politically motivated. Rama questions the fairness of the anti-graft office’s six-month suspension, stating he and seven other City Hall officials weren’t given.....»»

Category: newsSource:  inquirerRelated NewsMay 11th, 2024

IOB to sell 92 NPA accounts having Rs 13,472 cr loan outstanding

Indian Overseas Bank to e-auction 92 non-performing loans worth Rs 13,471.68 crore. Loans include consortium arrangements, NCLT cases, sole banking ventures. Gross NPA reduced to 3.90% by December 31, 2023......»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

Indian Overseas Bank adopts multi-pronged approach to ensure recovery from NPA accounts

Indian Overseas Bank successfully reduces Gross NPA to 3.90%. Sale announced for 92 NPA loans totaling Rs 13,471.68 crore. Recovery strategies include Securitisation, Compromise Settlement, Asset Reconstruction, with e-auction on May 28, details on www.iob.in......»»

Category: newsSource:  manilanewsRelated NewsMay 5th, 2024

Brazil readies for Madonna s free Copacabana Beach mega-concert

The "Like A Virgin" and "Material Girl" performer traveled to Brazil with three planes and 270 tons of equipment, according to her production company......»»

Category: entertainmentSource:  philstarRelated NewsMay 1st, 2024

Government readies for surge in cruise tourism

The Philippines expects to welcome at least 300,000 travelers from cruise ships this year – more than triple from 2023 – as the government prepares for their entry by building dedicated terminals in tourist sites......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

PSE readies delisting of Abra Mining

he Philippine Stock Exchange Inc. will initiate delisting proceedings against Abra Mining and Industrial Corp. after the Securities and Exchange Commission found that the company and some of its officials had illegally sold unissued and unlisted shares over a five-year period......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

PT& T readies return to stock market

Connectivity provider Philippine Telegraph and Telephone (PT&T) Corp. is securing regulatory approval to lift its two-decade suspension and finally resume trading at the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsApr 14th, 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

Pia Wurtzbach to auction memorabilia for 10th anniversary as Miss Universe

It has been almost 10 years since Pia Wurtzbach ended the Philippines’ 42-year drought for a Miss Universe crown, but no matter how big an achievement it was, Pia did not want to be remembered only as Miss Universe 2015......»»

Category: entertainmentSource:  philstarRelated NewsApr 3rd, 2024

BPI readies issuance of dollar bonds

The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Investors swarm T-bond auction

Investors swarmed the latest offering of long-term securities, resulting in slightly lower rates and allowing the government to raise P30 billion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

BDO readies SMC financial war chest for NAIA

The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

EV players push ‘green traffic’ as NEDA readies tariff review

Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Harrison Ford s Star Wars script fetches £10,795 at UK sale

An original draft "Star Wars" script left in a London apartment by "Han Solo" actor Harrison Ford sold at a UK auction for £10,795 ($13,600) on Saturday......»»

Category: entertainmentSource:  philstarRelated NewsFeb 18th, 2024

P115 million worth of properties up for auction

State-run Philippine Deposit Insurance Corp. is set to dispose P115.1 million worth of various properties of padlocked banks......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024