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ACEN secures certification for WESM trading standards

ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System –  the first  among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Philex unit secures $70 million funding for Silangan mine

A wholly owned subsidiary of Pangilinan-led Philex Mining Corp. has secured an additional $70 million funding for the development and operation of its Silangan mine project in Surigao del Norte......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

CLI secures PCC approval for JV with Singapore builder

Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

DoubleDragon secures HBNB ticker symbol for Hotel101’s Nasdaq IPO

DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, said last week that it will use the ticker “HBNB” for the Nasdaq IPO of its subsidiary, Hotel101 Global Pte Ltd......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

MPIC, SMC bids for MRT-3 rejected

The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

PAL secures spot among top 10 most punctual airlines in 2023

Flag carrier Philippine Airlines secured the second spot for punctuality among Asia-Pacific airlines in December 2023, according to London-based aviation analytics Cirium......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

McLaren F1 driver Lando Norris signs multi-year contract extension

WOKING, England— McLaren driver Lando Norris signed a multi-year contract extension with the Formula One team on Friday. The 24-year-old British driver’s existing contract ran until the end of 2025. The new deal secures his services alongside teammate Oscar Piastri for several more seasons in an exciting pairing. McLaren did not say how long was.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

NAIA takes flight with SMC’s modernization

The very first thing tourists see when they land in the country is the airport. This is why a much-anticipated development of the Ninoy Aquino International Airport now set to undergo privatization and modernization, heralds a promising era poised to propel further economic growth and elevate the Philippines as a premier destination for tourism and investment......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

The best is yet to come

With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

A chat with RSA

Monday, March 4, 2024, San Miguel Corporation chair and CEO Ramon S. Ang had lunch for three hours and half with a group of senior newsmen, bloggers and lawyers, at the sprawling suburban SMC headquarters in Ortigas......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

A glance at government s windfall from SMC’s NAIA takeover

The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

SMC to manage NAIA

Today, the administration of President Ferdinand R. Marcos Jr. will award the management for 15 years of the decrepit main Philippine gateway, the Ninoy Aquino International Airport, to the winner of the bidding conducted last December by the Department of Transportation and Communications under Secretary Jaime Bautista......»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

SMC leads race in NAIA bidding

Diversified conglomerate San Miguel Corp. is leading the race for the contract to operate and maintain the Ninoy Aquino International Airport, as it is willing to give the government the highest revenue share......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 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

Pagdanganan secures joint-7th finish; Korda triumphs anew

Bianca Pagdanganan closed out with a one-birdie round, but her 71 netted her a joint-seventh-place finish in the Mizuho Americas Open ruled by the red-hot Nelly Korda in New Jersey......»»

Category: sportsSource:  philstarRelated News2 hr. 42 min. ago

AP Bren secures top seed; Blacklist International edges Smart Omega to catch playoffs bus

Fans were on the edge of their seats over the weekend as the Mobile Legends Bang Professional League (MPL) Philippines held the final weeks of its regular season with everything still left to play — who will get the final playoffs spot and who will secure the upper bracket advantage......»»

Category: sportsSource:  philstarRelated NewsMay 7th, 2024

John Calipari secures top transfer portal star at Arkansas with significant NIL payment

Standout college basketball guard, Johnell Davis, has captured the attention of sports fans everywhere with his inspiring run to the Final Four with Florida Atlantic.....»»

Category: newsSource:  thedailyguardianRelated NewsMay 2nd, 2024

MPL PH Season 13: Minana EVOS secures 5th playoffs spot; TNC bows out

Minana EVOS is finally advancing to the playoffs of the Mobile Legends Bang Bang Professional League (MPL) Philippines after securing a much-needed win over ONIC Philippines, 2-0, while TNC is the first team to be eliminated in the regular season of MPL Philippines Season 13......»»

Category: newsSource:  philstarRelated NewsMay 1st, 2024

SteelAsia secures P8.3 billion loan for Batangas steel mill

SteelAsia Manufacturing Corp. has obtained a loan amounting to P8.3 billion from the Government Service Insurance System (GSIS), the Development Bank of the Philippines (DBP) and Philippine Business Bank (PBB) to support the completion of its P18-billion steel section mill in Lemery, Batangas......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Team Secret secures spot in VCT Pacific Playoffs

Team Secret has secured a playoffs spot after posting wins against Japan's DetonatioN FocusMe (DFM) and 2023 champions Paper Rex the past weekend......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024