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Haiti: Urgent Action Needed amid Growing Lawlessness

(Washington, DC) - Haiti is on the brink of a total collapse or takeover of the state as violent criminal groups seeking to overthrow the government have attacked police officers and state institutions, including prisons, Human Rights Watch said today. The groups' actions have brought economic activity, the delivery of life-saving humanitarian assistance, and nearly.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 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 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

Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH

The takeover of Coca-Cola Beverages Philippines Inc.  by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

‘Higher NAIA passenger fees loom upon private takeover’

Filipinos should brace for higher passenger service charges of as much as 95 percent at the Ninoy Aquino International Airport when its management goes to the hands of a private group......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

The future NAIA

A world-class Ninoy Aquino International Airport is soon to become a reality following the takeover of the airport by the San Miguel Corp.-led consortium by Sept. 14 this year, according to Transportation Secretary Jaime Bautista......»»

Category: financeSource:  philstarRelated News1 hr. 49 min. ago

UnionBank income plummets in Q1

Union Bank of the Philippines booked a net income of P2 billion in the first quarter, down by 41.2 percent from the same period a year ago, as the bank continued to allocate resources toward its takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

‘Hostile takeover 101’

Never come between a sabungero and his chickens or there will be hell to pay!.....»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

MGen completes takeover of SPNEC

MGen Renewable Energy Inc., a subsidiary of Manila Electric Co., has completed its P15.9- billion investment in SP New Energy Corp.......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles

By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles

By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024

Hamas arrives in Cairo for ceasefire talks with deal ‘on the table’

Washington says a ceasefire deal was already 'on the table,' approved by Israel and awaiting only a sign-off from the militants. But the warring sides give away little information on the state of any progress......»»

Category: newsSource:  rapplerRelated NewsMar 4th, 2024

DTI seals lease deal with Filinvest

Gotianun–led property developer Filinvest Land Inc. is supporting the Department of Trade and Industry plan to consolidate its various operating units with a deal to lease the company’s entire Filinvest Buendia building in Makati to the agency......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Philippine eyes rice deal with Cambodia

The Philippines is eyeing a possible rice supply deal with Cambodia as it braces for the effects of the El Niño phenomenon on its food supply......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Philippines ratifies WTO deal on fisheries subsidies

The Philippines has ratified the World Trade Organization agreement on fisheries subsidies, which seeks to curb harmful subsidies like support for illegal, unreported and unregulated fishing , bringing the landmark multilateral deal closer to effectivity......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

BCDA finalizes deal for New Clark housing

State-run Bases Conversion and Development Authority is looking to finalize the deal for the construction of the first 10,000 units of a housing project in New Clark City......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Philippines, Vietnam ink 5-year rice supply deal

The Philippines signed on Tuesday a five-year deal with Vietnam to ensure steady supply of affordable rice to the country as global prices of the staple continue to surge......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Jinggoy denies Roque claim on Sierra Madre ‘deal’

It was “unacceptable” for former presidential spokesman Harry Roque to claim that former president Joseph Estrada made a deal with Beijing to remove the BRP Sierra Madre from the Ayungin Shoal, according to Sen. Jinggoy Estrada......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

China deal ni Digong tatalupan ng Senado

Iimbestigahan ng Senado ang sinasabing ‘gentleman’s agreement’ ni dating Pangulong Rodrigo Duterte kay Chinese President Xi Jinping sa West Philippine Sea. The post China deal ni Digong tatalupan ng Senado first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Imee hinamon na gisahin si Digong sa China deal

Hinamon ni dating Senador Antonio Trillanes IV si Senadora Imee Marcos na magpatawag ng imbestigasyon sa Senado hinggil sa pinasok na kasunduan ni dating Pangulong Rodrigo Duterte sa China. The post Imee hinamon na gisahin si Digong sa China deal first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024