Tag: news
Antitrust body clears City & Land, CDC merger
MANILA, Philippines — City & Land Developers Inc. has moved a step closer toward its exit from the Philippine Stock Exchange (PSE) via a merger with its parent firm, Cityland Development Corp. (CDC). This, after securing clearance from the Philippine Competition Commission (PCC). In a regulatory filing on Wednesday, CDC said the antitrust body had
Valdez on Coco: She’s a Cool Smasher
Creamline isn’t just thrilled to have Courtney Schwan on the roster—it’s grateful to call her one of its own. Schwan powered the Cool Smashers to a four-set win over Petro Gazz, exacting revenge on their All-Filipino Finals tormentor with a 25-20, 25-21, 17-25, 25-20 triumph on Tuesday night at the Smart Araneta Coliseum. She scored
Remittances to the Philippines grew at a faster 3.2% in August
MANILA, Philippines — Remittances from overseas Filipinos grew at a faster clip in August, reflecting their resilience amid global headwinds, and likely to remain strong through year’s end as the early onset of the holiday season in the Philippines encourages expatriates to send more money home. Cash remittances coursed through banks rose by 3.2 percent
PBA: Ginebra bounces back with dominant win over TNT
MANILA, Philippines–Barangay Ginebra blew past TNT, 92-77, on Wednesday to register its first win in the PBA Philippine Cup at Smart Araneta Coliseum. Japeth Aguilar powered his way to 17 points and 10 rebounds while Troy Rosario, Scottie Thompson and RJ Abarrientos were also instrumental in the Gin Kings’ bounce back showing after dropping their
DOF set to form group to ease investor tax, nontax concerns
MANILA, Philippines — The Department of Finance (DOF) will establish a multisectoral working group with private sector partners to tackle tax and nontax issues that have unsettled investors, part of a broader effort to improve the country’s business climate. The initiative was a product of a dialogue on Oct. 14 between Finance Secretary Ralph Recto
UAAP: UST uses late surge to trounce FEU, gains share of lead
UAAP SCHEDULE: Season 88 basketball tournament MANILA, Philippines—Following its monumental win over Ateneo in triple overtime, University of Santo Tomas kept up its winning ways after beating Far Eastern University, 92-80, on Wednesday. The Growling Tigers trounced the skidding Tamaraws to improve their record to 5-1, tied with National U at the top spot. This