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Project delays prune Converge’s 2024 capex
Broadband provider Converge ICT Solutions Inc. is cutting down its spending guidance for the year to between P12 billion and P14 billion as a result of delays in some of its projects......»»
Megaworld earmarks P55 billion for 2024 capex
Real estate giant Megaworld Corp. is spending P55 billion for capital expenditures this year to further bolster its expansive portfolio......»»
Phinma allots P4.5 billion for 2024 capex
The Phinma Group has earmarked P4.48 billion for capital expenditures this year to sustain the company’s growth momentum......»»
SMIC allots P115 billion for 2024 capex
SM Investments Corp., the investment holding company of the Sy family, is spending up to P115 billion this year for the continuing expansion of its various businesses......»»
Monde Nissin earmarks P7.2 billion for capex to boost capacity
Snack food giant Monde Nissin Corp. is nearly doubling its capital spending this year to beef up its capacity......»»
DMCI hikes capex to P59 billion this year
The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»
Aboitiz Group raises 2024 capex
The Aboitiz Group is poised to expand its various business units this year, supported by a substantial increase in capital expenditures......»»
Nickel Asia sees better ore output, slashes capex
Nickel Asia Corp expects better ore output this year, driven by the start of two new mine operations and the possible increase in global nickel prices......»»
ICTSI on expansion mode; raises capex to $450 million
International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»
EY GDS Announces Plans to Hire Talent for Expanding Cybersecurity Operations in Cebu
EY Global Delivery Services (EY GDS) has announced that it will be hiring more talent for expnding its cybersecurity operations in Cebu. This announcement follows the successful launch of its advanced, multi-million facility in Manila in September 2019. EY GDS talent expansion plans are in response to the growing need for augmenting its pool of […].....»»
Top 10 e-commerce sites in the Philippines 2019 - ASEAN UP
With a dynamic economy and a large population proficient with digital technologies, the Philippines is a fast-growing market for e-commerce in Southeast Asia. Several websites and digital applications are already fighting for market share, with global, regional and national players. The growing connectivity of the Philippines, rapidly overcoming the countrys infrastructure difficulties, enable more and Continue reading &q.....»»
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......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
Training program on the Revised Corporation Code
The Center for Global Best Practices is hosting an online training on the 2019 Revised Corporation Code of the Philippines on March 15 from 1:30 to 5 p.m. via Zoom......»»
From the Newsrooms: February 18 to 24, 2024
IN 2019, Pastor Apollo Quiboloy, founder and leader of the Kingdom of Jesus Christ, made a bold claim that he had successfully prevented a 6.8 magnitude earthquake by simply yelling "Stop". But more recently, the self-proclaimed "appointed son of God" has not been able to halt the tremor of charges involving human trafficking for labor and sex, and sexual molestation filed against him by former members and workers of h.....»»
Government tackling high construction costs
The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»
Pasig City shuts down online gambling outlets over addiction, human trafficking
'Wala naman silang magandang naidudulot sa lipunan,' says Pasig City Mayor Vico Sotto, who also alleges corruption in the issuance of permits for gambling establishments before he took over in 2019.....»»
Beermen, Hotshots seek finals rematch
Is it time to reignite an old sibling rivalry that brought forth seven games of tooth-and-nail fighting back in the 2019 duel for PBA Philippine Cup supremacy?.....»»
More than just ‘Death Five’: San Miguel flaunts depth to zero in on finals return
San Miguel repeats over Ginebra as it moves on the cusp of returning to the PBA Commissioner's Cup finals for the first time since 2019.....»»
Maricel Laxa grateful to son Donny Pangilinan for convincing her to resume acting
Maricel Laxa-Pangilinan credited her son, Donny Pangilinan, with influencing her decision to re-enter the acting scene in 2019 after years of prioritizing her real-life roles as a mom and wife......»»