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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......»»
LRT-2 offers free rides on April 9
The Light Rail Transit Line 2 will let passengers ride its trains for free on April 9, a public holiday......»»
LRT-1 operator names new execs
The MVP Group continues to shake up the corporate ladder, this time with the appointment of new executives at Light Rail Manila Corp......»»
LRT-2 operator expects higher revenue this year
The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»
RLC brings connectivity to LRT-2 users
Robinsons Land Corp. has put up a seamless connection between its mall in Pasig and a station of the Light Rail Transit Line 2 in support of the government’s push for interconnectivity in the country’s transportation system......»»
lRT-1 Cavite extension 97% complete
The first phase of the Light Rail Transit Line 1 Cavite Extension is 97 percent complete......»»
Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake
Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»
MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
‘Bubble Gang’ long-time collaborators share gag show’s secrets to success
For more than two decades, “Bubble Gang,” now spelled “BBLGANG,” has become a staple of every Kapuso’s Entertainment fare. It features, among other things, “commercial spoofs, recurring characters, and parodies on politicians,” according to its website, and remains the local tinseltown’s longest-running gag show......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Cebu Pacific s 28th anniversary seat sale begins at P199
Cebu Pacific is ringing in its 28th year by offering deals on flights, with prices as low as P199 in one-way base fare. .....»»
For ‘Emojination’ hosts Miles and Chamyto, rapport matters a lot at work
Part of every Kapatid’s Sunday entertainment fare is “Emojination,” which features the trio of Maja Salvador, Miles Ocampo, and Chamyto Aguedan. They promise a weekend afternoon full of fun and games......»»
Pinoy jungolfers fare well in Asian Masters
A 16-strong National Golf Association of the Philippines (NGAP)-backed Philippine contingent, led by Wack Wack Ladies champion Reese Ng, bagged multiple awards in the recent 2024 Asian Junior Masters at the Black Mountain Golf Club in Hua Hin, Thailand......»»
How did Liza Soberano fare in her Hollywood debut?
Liza Soberano has aced her first acting job in Hollywood......»»
PHL needs to address ‘terrible’ learning crisis – new Ateneo de Davao President
DAVAO CITY (MindaNews / 9 January) – The Philippines is facing a “terrible” learning crisis that must be addressed immediately as the country continues to fare poorly in international-scale assessments, new Ateneo de Davao University (AdDU) President Fr. Karel S. San Juan said. San Juan told reporters during a press conference on Monday that the […].....»»
DOLE assures workers of pay hike after wage review
Following President Marcos’ order for a review of minimum wage rates nationwide, the Department of Labor and Employment yesterday assured workers that pay hikes are coming soon......»»
Government hikes borrowings to P2.57 trillion for this year
The Philippines raised its 2024 borrowing program by four percent to P2.57 trillion, which could make fiscal consolidation more challenging for the government......»»
PhilHealth hikes benefit package for heatstroke
The state health insurer’s heatstroke benefit package has been raised to P8,450 from P6,500 – a 30 percent increase......»»
MPTC prefers term extension over toll hike
To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes......»»