CATEGORIES

Bloomberry secures refinancing for P72-B loan

Tycoon Enrique Razon Jr.'s casino and resort developer has obtained a 10-year refinancing for the P72-billion loan of its subsidiary, allowing it to wait for rate cuts to manage debt service.

JAC in the hub

Autohub Group adds brand to portfolio, unveils EV product

AboitizPower, Engkanto partner for solar project

Engkanto Brewery has taken a shot at sustainability by partnering with Aboitiz Power Corp. to put up solar panels at its brewing facility in Carmona, Cavite.

MPTC to finalize CCLEx expansion deal this year

The tollways arm of Manuel V. Pangilinan's Metro Pacific Investments Corp. hopes to finalize a deal with Spanish construction firm Acciona within the year to expand the Cebu-Cordova Link Expressway (CCLEx).

DISCOVER YOUR NEXT AUDI

Audi PH launches exclusive certified pre-owned program

UP readies AI conference

As the 2024 Nobel Prize hailed scientific breakthroughs which made artificial intelligence (AI) technology possible, the University of the Philippines will gather the country's experts for a conference underscoring AI's profound impact on society, modern science and the research community.

Pag-IBIG home loans reach P88 B in end Q3

The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, released P88 billion in home loans as of end-September, hitting a little over 60 percent of its full-year target.

Phl bank assets hit P32.1 T in August

The total resources of the country's financial system went up by nine percent to hit P32.1 trillion as of end-August, the Bangko Sentral ng Pilipinas (BSP) said.

More analysts see another 25-bps rate cut

More economists expect the Bangko Sentral ng Pilipinas (BSP) to reduce its policy rate by another 25 basis points today, continuing the central bank's easing cycle which began in August.

Tagaytay's allure

I have not been to Tagaytay for a couple of months, mainly to avoid possible traffic caused by the ongoing expansion and improvement of the South Luzon Expressway or SLEX by SMC Infrastructure.

Phl to attract more investments with Asean deal – DTI

The Philippines has signed the protocol to amend the Association of Southeast Asian Nations (ASEAN) Comprehensive Investment Agreement (ACIA), which is expected to enable the country to attract more investments, particularly in manufacturing.

Cemex acquisition done before 2025

The Consunji Group is targeting to close the acquisition of Cemex Holdings Philippines Inc. before the year ends so it can start ushering the cement maker into its recovery phase.

2 UAE firms eye P25-B investments for Phl RE, port projects

United Arab Emirates (UAE) – based firms DP World and Masdar are considering investing more than P25 billion in renewable energy and port projects in the country, according to the Department of Trade and Industry.

Condo living

The daily newsletter I get from a stock market analyst reported that \"According to Leechiu Property Consultants (LPC), there is now an oversupply of 29 months' worth of condominium units in Metro Manila.\" Leechiu explains the situation is \"due mainly to the high interest rates and external risks along with a shift in buyer preferences.\"

Property giants back BCDA charter amendments

Real estate developers are backing bills seeking to amend the charter of the Bases Conversion and Development Authority (BCDA) and extend the state-run firm's corporate term for it to continue its role in driving economic growth and job creation.

Remittances rise to $3.2 B in August

Filipinos working abroad sent home $3.2 billion in August as school opening-related expenses lingered during the period.

Stocks extend gains as BSP poised to cut rates

The local stock market is making a run this week, as investors beef up their portfolios ahead of another rate cut by the Bangko Sentral ng Pilipinas (BSP) today.

Rice stocks up 7% year-on-year

The country's rice stocks in September rose by almost seven percent on an annual basis to nearly 1.7 million metric tons (MT) on the back of higher inventories held by commercial entities and the National Food Authority (NFA).

Cunanan dagger treys lift Pirates over Lions

Vincent Cunanan drained a pair of triples late as Lyceum of the Philippines U shocked San Beda, 64-62, yesterday to leapfrog straight to the Magic Four in NCAA Season 100 at the Filoil EcoOil Arena.

Lopez-led EDC investing P25 B to drill new geothermal wells

Energy Development Corp. (EDC) of the Lopez Group is investing P25 billion to sustain steam flows at its massive geothermal project in Valencia, Negros Oriental.

Mets draw level with Dodgers; Yankees win ALCS kickoff

LOS ANGELES (AFP) – Mark Vientos smashed a grand slam and Francisco Lindor homered as well as the New York Mets beat the Los Angeles Dodgers 7-3 on Monday to level their Major League Baseball playoff series at one game apiece.

GOING 3-1 OR FORGING TIE

Explosive tiffs mark the PBA's return to the Big Dome.

Capital1 hoping to acquire Laure

If there's a team on outgoing Chery Tiggo star Eya Laure's wish list, it has to be Capital1 Solar. Laure and the Solar Spikers management are currently in talks on how her transfer would be made possible in time for the Premier Volleyball League All-Filipino Conference set to start Nov. 9.

Engino, Rho share lead at five-under

MURCIA, Negros Occidental - Albin Engino and South Korea's Hyun Ho Rho stunned the field with impressive 65s to secure joint leadership in the rain-disrupted opening round of the ICTSI Bacolod Golf Challenge at the Bacolod Golf and Country Club here yesterday.

Netanyahu vows to hit Hezbollah without mercy

After deadly drone strike

Harris blasts Trump's 'enemy from within' comments at rally

ERIE (Reuters) – Democratic presidential candidate Kamala Harris on Monday slammed Donald Trump for his ominous comments about \"the enemy within\" the United States and threat to deploy the military domestically, in a renewed effort to paint her Republican opponent as a threat to democracy.

EU sanctions Iran over ballistic missiles for Russia

LUXEMBOURG (AFP) – The European Union (EU) imposed sanctions Monday against prominent Iranian officials and entities, including airlines, accused of taking part in the transfer of missiles and drones for Russia to use against Ukraine.

Nokor blows up roads linking it with South

SEOUL (AFP) - North Korea blew up sections of the deeply symbolic roads connecting it to the South yesterday, Seoul's military said, adding it had conducted a \"counter-fire\" operation in response.

Japan told China of 'concerns' over Taiwan drills

TOKYO (AFP) - Japan said yesterday it expressed its \"concerns\" to China over military drills around Taiwan, adding that it scrambled fighter jets near its southern island of Yonaguni.

CSC exam results out

The Civil Service Commission (CSC) has released the results of the Career Service Examination-Pen and Paper Test (CSE-PPT) it conducted nationwide in August.