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Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
T-Bird at Ako a challenge : Nadine Lustre happy with Vilma Santos approval
Nadine Lustre is happy to hear that Vilma Santos approves of her to star in the potential remake of the latter's 1982 film "T-Bird at Ako." .....»»
CLI approves issuance of P5 billion preferred shares
Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»
Cebu Landmasters board approves P5-B preferred shares offering
Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»
US Defence Secretary visits Cambodia amid concerns over China s influence
Phnom Penh [Cambodia], June 5 (ANI): US Defence Secretary Lloyd Austin has embarked on a visit to Cambodia to meet with the country's prime minister and defence minister, signalling growing apprehension in Washington over China's expanding influence in the region, CNN reported. According to CNN, Austin's trip to the Cambodian capital on Tuesday marks his second visit to the Southeast Asian country as Secretary of Defense.....»»
US Defence Secretary visits Cambodia amid concerns over China s influence
Phnom Penh [Cambodia], June 5 (ANI): US Defence Secretary Lloyd Austin has embarked on a visit to Cambodia to meet with the country's prime minister and defence minister, signalling growing apprehension in Washington over China's expanding influence in the region, CNN reported. According to CNN, Austin's trip to the Cambodian capital on Tuesday marks his second visit to the Southeast Asian country as Secretary of Defense.....»»
Market plunges on inflation, peso woes
Share prices retreated amid concerns on inflation as well as the peso, which slumped for a second straight trading day to fresh 19-month lows......»»
Beijing bristles as US defense chief shifts focus to China risks
SINGAPORE - U.S. Defense Secretary Lloyd Austin tried to refocus attention on China's threat in the Asia-Pacific region on Saturday, seeking to alleviate concerns that conflicts in Ukraine and Gaza have distracted from America's security commitments in the region.Austin, who was speaking at the annual Shangri-La Dialogue security summit in Singapore, met his Chinese counterpart, Dong Jun, on Friday in a bid to c.....»»
PH Gov t Should Investigate SHEIN Products Entering the Country - BAN Toxics
Following recent findings by the Seoul City government revealing that children's products sold by the online shopping platform SHEIN contain high levels of toxic chemicals, Environmental NGO BAN Toxics is calling on the Philippine government to conduct its own investigation.According to news reports, the Seoul government has been conducting safety inspections since last month following growing safety concerns ab.....»»
Shangri-La dialogue to begin today; China-US theme likely to dominate discussion at forum
Singapore, May 31 (ANI): The tense US-China relationship has been in the limelight and is expected to be at the centrestage of the Shangri-La dialogue, which is set to begin today in Singapore, Politico reported. The annual gathering in Singapore has become an increasingly influential forum for the world's top defence and security policy types, particularly as concerns over China's military actions in the region and the b.....»»
Shangri-La dialogue to begin today; China-US theme likely to dominate discussion at forum
Singapore, May 31 (ANI): The tense US-China relationship has been in the limelight and is expected to be at the centrestage of the Shangri-La dialogue, which is set to begin today in Singapore, Politico reported. The annual gathering in Singapore has become an increasingly influential forum for the world's top defence and security policy types, particularly as concerns over China's military actions in the region and the b.....»»
Stocks, peso fall
The stock market plunged deeper in the red, falling back to the 6,400 level due to economic concerns, while the peso weakened to near all-time low against the dollar......»»
UN Special Rapporteurs raise concerns on rights violations committed in PH using terror laws, counterinsurgency measures
UN Special Rapporteurs sent communications on October 23, 2023 to the Marcos Jr. government calling attention to human rights violations committed in the course of implementing the Anti-Terrorism Act of 2020......»»
PNP sets stricter rules for owning rifles
To address concerns from certain sectors of the potential misuse by civilians of semi-automatic rifles categorized as small arms, the Philippine National Police has tightened regulations on the acquisition of the weapons......»»
Palarong Pambansa 2024: CCSC renovation may not be completed on time
CEBU CITY, Philippines – Will the renovation works at the Cebu City Sports Center (CCSC) be completed in July for the Palarong Pambansa 2024? As preparations ramp up for the national multi-sports event, concerns about the CCSC’s readiness have surfaced. An anonymous insider has cast doubt on the project’s progress and presented a contrasting view.....»»
School year starts July 29; no Saturday classes
President Marcos has approved the gradual return to the old June-to-March school calendar following concerns that the present schedule makes students and teachers vulnerable to the extreme heat of the summer months......»»
From the Newsrooms: May 12 to 18, 2024
By: CMFR StaffPosted on: May 20, 2024, 11:48 am WHO IS Alice Guo? The question remains unanswered even as the media grapple with information about the identity and citizenship of the woman who was elected as mayor of Bamban in Tarlac province. The case has sparked questions and concerns that Alice Guo may be part of surge of immigration from the People's Republic of China and their pos.....»»
Cebu weather: Pagasa forecasts slightly to moderate conditions
CEBU CITY, Philippines – Cebu weather is forecasted to be a continuation of slight to moderate conditions with potential heat index concerns in Metro Cebu and the rest of the province the weather bureau based in Mactan said. In its issued weather outlook on May 18, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).....»»
Ched-Davao: HEIs have sole discretion to adjust classes amid high temperatures
AN OFFICIAL from the Commission on Higher Education-Davao Region (Ched-Davao) said it is up to Higher Education Institutions (HEIs) to adjust their class schedule to address concerns about holding classes during extreme temperatures......»»
Residential electricity rates up by P0.86/kWh for May-June billing
Residential customers of Visayan Electric will experience an increase of P0.86/kWh in their May-June electricity billing. The increase is attributed to high generation rates due to price hikes in the Wholesale Electricity Spot Market (WESM) in April brought about by power supply concerns in the Visayas Grid. As a result, the overall residential electricity rate.....»»