PREMIUMMEGASTRUCTURES.COM REAL ESTATE company PremiumLands Corp. (PLC) is preparing a P255.2-million tender offer for Asiabest Group International Inc. shares as part of its planned backdoor listing. PLC and Industrial Holdings and Development Corp. (IHDC) intend to conduct a tender offer involving up to 100 million Asiabest common shares, representing a 33.33% stake, at P2.552 per […]
ORIGINAL PHOTOS FROM FREEPIK One of the things I hope to see this year is a clear road map towards 2028 and progress in our approach to and relations with China. ‘Coz, clearly, our bilateral ties cannot remain where they are today. More and more analysts have been flagging the South China Sea as a […]
1 of 2 PIZZAS are playing the game at Solaire Resort North’s Trattoria e Dolci. During a tasting on Jan. 24, we got a spread of their pizzas and salads — but surprisingly, zero pasta. “We wanted to focus on pizzas and salads here,” Sandro Alessandrini, director of food and beverage for Solaire Resort North […]
SUNLIGHTAIR.PH SUNLIGHT AIR said it plans to acquire large aircraft as the government mandates the removal of turboprop operations from Ninoy Aquino International Airport (NAIA). “We are already starting our planning sessions for bigger-capacity aircraft. Like any company, we always think about growth. It is definitely in the pipeline,” Sunlight Air Chief Executive Officer Ryna […]
BW FILE PHOTO PHILIPPINE SHARES surged on Wednesday, with the bellwether rising to the 6,200 level, on continued bargain hunting and as inflation was steady in January, which would support further rate cuts by the Bangko Sentral ng Pilipinas (BSP). The Philippine Stock Exchange index (PSEi) jumped by 3.15% or 192.02 points to close at […]
BW FILE PHOTO THE PESO rose to an over one-month high on Wednesday as the dollar dropped overnight following weak US job openings data and the delayed US import tariffs on Mexico and Canada. The local unit closed at P58.095 per dollar on Wednesday, strengthening by 24.5 centavos from its P58.34 finish on Tuesday, Bankers […]
VICE PRESIDENT SARA DUTERTE — FACEBOOK.COM/MAYORINDAYSARADUTERTEOFFICIAL By Kenneth Christiane L. Basilio, Reporter THE House of Representatives on Wednesday impeached Philippine Vice-President (VP) Sara Duterte-Carpio for alleged abuse of power and constitutional violations stemming from her use of confidential funds, paving the way for her trial by the Senate. The impeachment complaint against Ms. Duterte, daughter […]
PHILIPPINE STAR/MIGUEL DE GUZMAN By John Victor D. Ordoñez, Reporter THE newly appointed chief of the Philippine Health Insurance Corp. (PhilHealth) on Wednesday vowed to speed up the processing of healthcare claims and expand the benefits for members, calling systemic problems of the agency as “illnesses” that should be treated. “Hopefully, we can release new […]
BW FILE PHOTO A SENATOR on Wednesday urged President Ferdinand R. Marcos, Jr. to certify as urgent bills that seek to raise the minimum wage to help Filipinos cope with spiraling prices. “Minimum wages should keep up with the rising prices of goods, transportation and monthly bills,” Senator Ana Theresia N. Hontiveros-Baraquel said in a […]
PHILSTAR FILE PHOTO PRESIDENT FERDINAND R. Marcos, Jr. has “approved in principle” a proposal to remove U-turn slots on C5 road along Kalayaan Avenue Interchange to improve the traffic flow in Metro Manila, according to the Metro Manila Development Authority (MMDA). At a Palace briefing on Wednesday, MMDA Chairman Romando S. Artes said his agency […]