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PPA to spend P3.5 billion for upgrade of ports

As shippers suffer from the fallout of the Red Sea conflict, the Philippine Ports Authority (PPA) is spending P3.5 billion this year for port upgrades to minimize the impact of external disruptions on the local industry......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DBP lends P2 billion for Palawan infrastructure projects

State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

The Wallenberg whirlwind trip

It may have been a quick three-day trip to the Philippines of a member of Sweden’s richest business family, but Mr. Marcus Wallenberg, chairman of both SEB, a leading North European financial group with a current market value of $30.61 billion (approximately P1.7 trillion) as of March 2024, and Saab, a prominent Swedish defense and security company with a market value of $10.36 billion (roughly P580.18 billion) as of the same period, managed to pack in several key meetings on his second day......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

SMC’s F& B unit nets record P38 billion in 2023

The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

USC NABC Finals unwraps on Sunday

CEBU CITY, Philippines — The much-awaited finals of the “The Last Dance” North Alumni Basketball Club (NABC) Congressman Bingo Bagtik Matugas Cup of the University of San Carlos (USC) will fire off this weekend at the USC North Campus gymnasium. Four of NABC’s divisions will clash in the finals to determine the champions for this.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Maynilad pipelines P4 billion for upgrade of 22 pumping stations, reservoirs

Maynilad Water Services will spend about P4 billion to rehabilitate 22 pumping stations and reservoirs to boost the water supply and pressure in the West Zone concession area......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

P17.8 billion impact from FIBA World Cup

The numbers generated by the Philippines’ hosting of the 2023 FIBA World Cup are staggering and in his remarks during the SMC-PSA Annual Awards Night at the Manila Diamond Hotel last Monday, SBP president Al Panlilio said bringing the event back to the country after 45 years was “the beginning of many more good things to come for Philippine basketball.”.....»»

Category: sportsSource:  philstarRelated NewsFeb 2nd, 2024

Barkong dumaong sa US, sinabitan ng patay na balyena

ITINUTULAK ng mga biologist na imbestigahan ang natuklasang patay na balyena na nakasabit sa isang cruise ship nang dumating ito sa New York harbor noong Sabado. The post Barkong dumaong sa US, sinabitan ng patay na balyena first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 13th, 2024

Notes from this theater of war

On one edge of this bustling harbor in the heart of the Pacific, overlooking Battleship Missouri and the USS Arizona Memorial, a historic moment for the United States Indo-Pacific Command (Indo-Pacom) unfolded on Friday morning last week under the warm Hawaiian sun......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Baltimore bridge collapses after cargo ship rams it

A major bridge in the US city of Baltimore almost entirely collapsed Tuesday after being struck by a cargo ship, sending multiple vehicles and up to 20 people plunging into the harbor below. Dramatic footage shows a container ship hitting a footing of the Francis Scott Key Bridge, sending the steel-built structure into the Patapsco.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

New Subic ‘royalty fee’ will make goods costlier

A newcomer is imposing 55- or 65-percent “royalty” on long-time locators at Subic Bay Freeport. This will push up prices of grains, fertilizers and other imports in Luzon’s second busiest harbor......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Extreme heat scorches parts of north India; New Delhi on high alert

NEW DELHI - Parts of northwest India sweltered under scorching temperatures Saturday, with the capital, New Delhi, under a severe weather alert as extreme temperatures struck parts of the country.India's weather department expects heat wave conditions to persist across the north for the next few days and has put several states on high alert.On Friday, parts of New Delhi reported up to 47.1 degrees Celsius.....»»

Category: newsSource:  manilanewsRelated News8 hr. 41 min. ago

Plane with 3 aboard lands without landing gear after burning off fuel

MELBOURNE, Australia — A light plane with three people aboard landed safely without landing gear Monday after circling an Australian airport for almost three hours to burn off fuel. The twin-turboprop Beechcraft Super King Air had just taken off from Newcastle Airport north of Sydney for a 180-kilometer (112-mile) flight north to Port Macquarie when.....»»

Category: newsSource:  inquirerRelated NewsMay 13th, 2024

Huge crowds await a total solar eclipse in North America. Clouds may spoil the view

Huge crowds await a total solar eclipse in North America. Clouds may spoil the view.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Huge crowds await a total solar eclipse in North America. Clouds may spoil the view

Huge crowds await a total solar eclipse in North America. Clouds may spoil the view.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Russia blocks renewal of UN panel monitoring North Korea sanction compliance

At the United Nations, a recent vote on renewing a panel of experts monitoring North Korea’s compliance with international sanctions has caused tension among member.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 2024

Authorities verifying 13 dead in North Cotabato road mishap

Authorities are still verifying the 13 fatalities in a vehicular accident involving a passenger van that collided with a dump truck along the National Highway in Barangay Luhong, Antipas, around 12:15 p.m. in North Cotabato on March 25, 2024......»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

North Korea resumes missile tests, raising tensions with its rivals after their military drills end

North Korea resumes missile tests, raising tensions with its rivals after their military drills end.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

North Korea resumes missile tests

North Korea resumes missile tests.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

Naval Reserve Command eyes mobilization center in north Negros

Naval Reserve Command eyes mobilization center in north Negros.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024