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Palompon mayor’s petition dismissed: Court upholds SW validity
ORMOC CITY, Leyte — The Regional Trial Court Branch 45 of Tacloban City dismissed the petition filed by Palompon Mayor Ramon Oñate seeking to invalidate the search warrant issued earlier by the court on the site where the DBSN Farms Agriventures Corp. is located, citing lack of merit. Oñate’s petition to suppress the evidence obtained.....»»
Cebu’s Elreen Ando bags two silver medals in Olympic qualifiers
CEBU CITY, Philippines—Cebuana Olympian Elreen Ando claimed two silver medals in the women’s 59-kilogram division of the ongoing 2024 Asian Weightlifting Federation (AWF) Asian Championships-Olympic Qualifiers on Monday, February 5, in Tashkent, Uzbekistan. Ando, who was accompanied by her coach Ramon Solis and was with four other Filipina weightlifters, lifted a total of 213 kilograms......»»
Bong and Beauty’s major lesson from minor accident on set of action-comedy
Sen. Ramon “Bong” Revilla Jr. and Beauty Gonzalez will enjoy a reversal of roles in Season 2 of the GMA action-comedy “Walang Matigas na Pulis sa Matinik na Misis.”.....»»
Expired canned goods, poultry wastes unearthed in the farm of Palompon mayor
ORMOC CITY, Leyte —Tons of poultry wastes and expired canned goods, believed to be intended as donations for Yolanda victims, were unearthed from a farm in Palompon, Leyte, reportedly owned by the town’s mayor, Ramon Oñate. On Sunday, January 21, 2024, the Department of Environment and Natural Resources (DENR) Region 8 spearheaded the excavation of.....»»
Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas
Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»
Government urged to boost spending for broadband infrastructure
A leading think tank has called on government to aggressively invest in broadband infrastructure to boost the competitiveness of the Philippines in the global digital economy......»»
Tarlac, finally
It took some time, but finally Tarlac may truly be on its way to development as a world-class city that will properly gain international recognition as one of the major cities in the Philippines where international businesses may want to invest in......»»
ICTSI to build $800 million terminal in Batangas
International Container Terminal Services Inc., the listed ports giant led by tycoon Enrique Razon, has no desire of slowing down its domestic expansion, as it will invest $800 million to build a container terminal in Batangas......»»
Second runway for Clark eyed
The government plans to invest as much as P10 billion to put up a second runway for the Clark International Airport to entice airlines, both passenger and cargo, to locate in the gateway......»»
Phinma investing P2 billion for new Davao cement plant
The Phinma Group plans to invest about P2 billion to put up a new facility in Davao to further solidify its presence in the cement industry......»»
Bad for Phl’s image
While President Ferdinand Marcos has been wooing private companies, both local and foreign, to partner with the government and to invest in infrastructure development in order to fuel his administration’s push for economic growth and more jobs, there are some in government who seem to be sending a completely opposite message and who are bent on sabotaging whatever gains the country has achieved so far......»»
Filinvest holding firm allots up to P25 billion for 2024 capex
Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»
Government bonds drawing in more online investors
Demand to invest via digital platforms is seen picking up further, especially for government securities, state-run Land Bank of the Philippines said......»»
Leviste firm to invest over P5 billion in Batangas
Countryside Investments Holdings Corp., a company owned by Leandro Leviste, is investing over P5 billion to help boost development in rural Batangas......»»
CNPF to expand capacity after new deal with Vita Coco
Century Pacific Food Inc., the Po family’s listed food and beverage firm, is poised to invest $40 million to expand its capacity after securing a fresh long-term contract with US-headquartered The Vita Coco Co. Inc......»»
Over 100 US firms interested to invest in Clark –BCDA
More than 100 US companies are interested in exploring investment opportunities in Clark, according to the Bases Conversion and Development Authority......»»
Recto pitches Maharlika fund to Australians
Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»
Phone purchases pick up post-COVID
As the economy bounces back from the pandemic, Filipinos are starting to invest in new phones again, and they are mostly purchasing Chinese brands priced below $200......»»
IFC investing $500 million to address Philippines development challenges
The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»
NAIA project eyed to jumpstart P40 billion Maharlika investments
The Maharlika Investment Corp. is setting its sights on the recently awarded Ninoy Aquino International Airport rehabilitation as one of about 10 projects where it intends to invest the MIC’s P40-billion funding this year......»»