PHILSTAR FILE PHOTOAYALA LAND, Inc. (ALI) has signed a memorandum of agreement to acquire a portion of ABS-CBN Corp.’s property in Quezon City for P6.24 billion. In separate disclosures on Thursday, ABS-CBN and property company Ayala Land confirmed the agreement for the sale of ABS-CBN’s property
BW FILE PHOTOBy Luisa Maria Jacinta C. Jocson, ReporterTHE SECURITIES and Exchange Commission (SEC) is ramping up reforms by launching a beneficial ownership registry, tightening oversight of financial institutions and non-profits, and drafting new crypto asset regulations to ensure the Philippines does not return to
BW FILE PHOTOTHE PESO dipped against the dollar on Thursday after US President Donald J. Trump said he would slap a 25% tariff on the European Union (EU), which vowed to counter “firmly and immediately,” fanning fears of an escalating trade war.It closed at P57.91
A Complete Unknown (2024)By Brontë H. Lacsamana, ReporterMovie ReviewA Complete UnknownDirected by James MangoldYET ANOTHER biopic of a beloved musician has hit the big screen, this time inviting longtime Bob Dylan fans to revisit their favorite songs, and younger audiences to get to know the
MADRID-BASED multinational energy and petrochemical company Repsol S.A., through its subsidiary, has acquired a 40% stake in the lubricant manufacturing and distribution arm of the Unioil Group of Companies. In a statement on Thursday, Unioil Group said it had entered into a joint venture agreement with
PHILSTAR FILE PHOTOPOWER TRANSMISSION operator National Grid Corp. of the Philippines (NGCP) expects to complete its P8.1-billion Tuy-Dasmariñas 500-kilovolt (kV) project by the fourth quarter (Q4) of this year. “One big project is [the] Tuy-Dasmariñas 500-kV backbone in South Luzon, and this is for completion
PHILIPPINE STAR/IRRA LISINGBDO UNIBANK, Inc. has expanded its partnership with Shizuoka Bank Ltd. to boost trade and investment with Japanese companies in the country.“The expanded partnership with Shizuoka Bank enables companies to connect with the right partners, streamline financial transactions and navigate regulatory landscapes,” it
PXPENERGY.COM.PHPANGILINAN-LED PXP Energy Corp. narrowed its attributable net loss to P30.9 million for 2024 from P97 million a year earlier, driven by higher petroleum sales volume, reduced overhead costs, and lower net interest expenses.The company’s core net loss stood at P33.3 million during the period,
PHILIPPINE STAR/EDD GUMBANRECENT pre-election surveys indicate a significant shift in the Philippine political landscape, with media celebrities poised to secure a substantial number of Senate seats in the upcoming May 2025 elections. According to data from the Philippine Center for Investigative Journalism (PCIJ), if current
BW FILE PHOTOCHINA Banking Corp.’s (Chinabank) net income rose 12.7% to a record P24.8 billion last year, amid sustained core business growth.Its common equity tier 1 ratio was 15.3%, while total capital adequacy ratio was 16.2%, the Philippine lender said in a statement on Thursday.The
PHILEXMINING.COM.PHPANGILINAN-LED Philex Mining Corp. saw its attributable net income decline by 20% to P810 million in 2024 from P1.02 billion a year earlier, as higher costs outpaced revenue growth.Core net income also dropped 22% to P746 million from P963 million, the company said in a
New Trend of Daytime Clubbing Boosts Local Economy and Well-Being: Pioneering Over 30s Club Sets the StandardUnited Kingdom, 2025 – A new phenomenon of daytime clubbing is taking the UK by storm, revitalizing local venues, boosting trade during traditionally slow hours, and transforming the nightlife