CATEGORIES

ACEN Extends Payment Deadline for P4.7-B Loan to Greencore

Ayala-led ACEN Corp. has extended anew the repayment deadline for its P4.7-billion loan to Greencore Power Solution 3, its joint venture with tycoon Edgar Saavedra's Citicore Solar Energy Corp. (CSEC).

City & Land Raising P400 M from Commercial Paper Issuance

City & Land Developers Inc. is raising P400 million from the issuance of commercial papers to support its funding requirements.

BCDA tells stakeholders to stop using Tarlac landfill

State-run Bases Conversion and Development Corp. (BCDA) is urging local government units and businesses to stop using the 100-hectare Kalangitan sanitary landfill, emphasizing that it does not have the authority to operate.

PSE Acquiring 61.9% of PDS for P2.3 B

The Philippine Stock Exchange Inc. (PSE) has come closer to its dream of integrating the local bourse with the fixed income exchange.

BSP lifts ban on new digital banks

The Bangko Sentral ng Pilipinas (BSP) will officially lift the moratorium on new digital banking licenses starting Jan. 1, 2025, allowing up to 10 digital banks, including existing ones, to operate.

FNI abandons $50-M Bataan steel project

Global Ferronickel Holdings Inc. (FNI) will no longer pursue its plan to put up a $50-million rebar steel project in Bataan as it opts to focus on its existing business interests such as mining and port operations that would bring long-term value for the firm.

PSEi down on final trading day of 2024

The local stock market finished 2024 in the red territory, but better from last year's close of 6,450.04.

Ride-hailing app inDrive gives back

In the spirit of the holiday season, global ride-hailing app inDrive thanked its partner drivers for providing utmost service to their passengers in 2024 through the grand raffle of the Paskong Ka-Gulong campaign.

Peso Closes 2024 at 57.845:$1

The peso closed the year on a weaker footing compared to its finish in 2023 amid global uncertainties, including concerns on US economic policy under president-elect Donald Trump and persistent geopolitical tensions.

Boardroom shuffles kept telcos' lines busy

Telcos undergo some of the quickest changes among all industries. A second can go by and one technology can be replaced by another.

Dec inflation likely within 2.3-3.1% range

Inflation likely settled within the 2.3 to 3.1 percent range this month, which could bring the full-year average to 3.2 percent, the Bangko Sentral ng Pilipinas (BSP) said.

Eala set to breach world's Top 150

Alex Eala is likely to finish among the world's Top 150 in women's tennis for the first time in her career.

Oklahoma City rolls to ninth straight win

Shai Gilgeous-Alexander tied his career high with 45 points to lead the Oklahoma City Thunder to a 120-114 victory over the Indiana Pacers on Thursday night.

PBA Challenge to Uplift Quality of Officiating

PBA deputy commissioner Eric Castro said yesterday the head coach challenge is a way to uplift the quality of officiating and isn't necessarily a measure of rating a referee's performance.

Statistics Race Heats Up

NorthPort's Arvin Tolentino, San Miguel's June Mar Fajardo and NLEX's Robert Bolick led the key statistical departments after the initial salvo in the PBA Commissioner's Cup.

PPS Netfest at Valle Verde

Junior tennis players are keeping their competitive spirits alive this holiday season as they vie for top honors and ranking points in the Palawan Pawnshop National Tennis Championships.

Two sailors die in Sydney race

Two sailors have been killed in separate incidents in the treacherous Sydney to Hobart yacht race, officials said on Friday, as a string of yachts retired in powerful winds and high seas.

Coca-Cola Golf a Success at Sta. Elena

Reinforcing the value of meaningful partnerships, Coca-Cola Beverages Phils. Inc. (CCBPI) and Coca-Cola Foundation Phils Inc. (CCFPI), together with valued stakeholders, once again came together to bolster support for community-focused projects through the 2024 Coca-Cola Golf Classic golf tournament.

New Year wishes

The Game Of My Life

'Baby Driver' actor Hudson Meek dies falling from moving car

Teenage actor Hudson Meek (in photo) has died after he fell out of a moving vehicle in Alabama, authorities said.

Russian Missile Suspected in Azerbaijani Plane Crash

Azerbaijani and US officials believe a Russian surface-to-air missile caused the deadly crash of an Azerbaijani passenger jet, media reports and a US official said on Thursday.

Israel Strikes Houthi Targets in Yemen, Killing 6

Israel struck multiple targets linked to the Iran-aligned Houthi movement in Yemen on Thursday, including Sanaa International Airport, and Houthi media said at least six people were killed.

Peru Declares Environmental Emergency After Oil Spill

Peru's government on Thursday declared an environmental emergency in a northern coastal area, where state oil firm Petroperu last weekend spilled a crude oil shipment into surrounding waters of the Pacific Ocean.

India Announces State Funeral for Ex-PM Manmohan Singh

India announced seven days of state mourning yesterday after the death of former prime minister Manmohan Singh, one of the architects of the country's economic liberalization in the early 1990s.

Acting South Korean President Also Impeached

SEOUL (AFP)—South Korean lawmakers impeached the acting president yesterday, as the country struggles to shake off political turmoil sparked by his predecessor's martial law declaration that shocked the world.

Floods hit Phl areas: 1 dead

Heavy rain brought by the intertropical convergence zone (ITCZ), shear line and low-pressure areas has caused widespread flooding across the country during the holidays, with one fatality reported in Eastern Samar, the Office of Civil Defense said yesterday.

Ex-Albay gov disqualified from running in 2025 polls

The Commission on Elections (Comelec) has disqualified a former governor in Albay from running in the 2025 midterm elections.

Instead of peace talks, GRP dangles amnesty offer

AT GROUND LEVEL - In early September this year, presidential peace adviser Carlito Galvez Jr. sent a text message to The STAR saying: \"We need to continue the dialogue with the National Democratic Front of the Philippines (NDFP) and remove the conditions that can stall our aspiration for the final peace agreement.

Angat Dam nearing ideal yearend elevation

Heavy rain in the past few days has raised the water elevation in Angat Dam closer to the reservoir's ideal yearend level of 212 meters.

Boracay tourist arrivals surge during holidays

Boracay Island in Malay, Aklan remains the country's top tourist destination, especially during the Yuletide.