Sorry, Wall Street. You’re going to have to work New

It’s the Grinch That Stole New Year’s. Thanks to whoever created an obscure piece of New York Stock Exchange (NYSE) red tape — officially known as Rule 7.2 — US equity markets won’t commemorate the start of 2022 with a holiday. The rule stipulates that when a holiday falls on a Saturday, the market will […]Read More

DMCI Homes’ net profit surges to P4 billion

MID-SEGMENT home developer unit DMCI Homes saw its net income for the first nine months surge by 692% to P4 billion, DMCI Holdings, Inc. told the exchange on Thursday. The company said the increase from the P505-million income logged in the same period last year was driven by continued project construction and the downpayment recognition […]Read More

EntertainmentNews (11/12/21)

1 of 5 Instituto Cervantes pays tribute to Luis Eduardo Aute AN ONLINE concert paying tribute to the Manila-born artist and musician Luis Eduardo Aute, will be held on Nov. 18, with several Filipino singers covering select iconic songs by Aute. Presented by Instituto Cervantes and the Em-bassy of Spain in the Philippines, the event, […]Read More

IFC invests $100M in bonds of Ayala healthcare unit

THE World Bank Group’s International Finance Corp. (IFC) is investing $100 million in a 10-year social bond to be issued by an Ayala Corp. foreign subsidiary, the first such instrument to be issued in the Philippine healthcare sector. Issued through AYC Finance Ltd., the social bond will support Ayala Healthcare Holdings, Inc.’s (AC Health) refinancing […]Read More

UK social entrepreneur supports ambitions of innovative Nigerian bank 

A Sheffield-based entrepreneur is helping to drive the ambition of entrepreneurs in Nigeria.  The Adam Bradford Agency will deliver the Inspiring Futures event at Media One Hotel in Dubai Media City on 17 November, and the co-founder of an innovative Nigerian brand is just one of the nominees shortlisted.   Leslie Emenalo, founder of […]Read More

Sara joins Lakas-CMD before switching deadline

By Kyle Aristophere T. Atienza, Reporter PRESIDENT Rodrigo R. Duterte’s daughter on Thursday joined a political party that could pave the way for her to run for a national position via substitution. Davao City Mayor Sara Duterte-Carpio, 43, took her oath as a member of the Lakas-Christian Muslim Democrats (Lakas-CMD) party, House Majority Leader and […]Read More

Duterte approves new quarantine levels for entire Philippines

PHILIPPINE STAR/ MICHAEL VARCAS PRESIDENT Rodrigo R. Duterte has approved a plan to use for the entire country a coronavirus alert level system first tested in the Philippine capital and nearby cities. The nationwide enforcement of the quarantine strategy will be in four phases, according to Executive Order 151 released on Thursday. The first phase […]Read More

Senate asks tribunal to void Duterte memo to Cabinet members

THE SENATE has asked the Supreme Court to nullify President Rodrigo R. Duterte’s order barring Cabinet officials from attending its hearings. In a petition led by Senate President Vicente C. Sotto III, the chamber said the executive frustrates its power to conduct inquiries in aid of legislation. It accused the president of gravely abusing his […]Read More

Supreme Court orders AMLC to disclose bank records in 2009

PHILSTAR THE SUPREME Court has affirmed the anti-graft tribunal’s order for the Anti-Money Laundering Council (AMLC) to disclose bank records related to the Philippine National Police’s procurement of secondhand choppers in 2009. The case involves former first gentleman Jose Miguel T. Arroyo, who was charged with plunder for his involvement in the PNP’s purchase of […]Read More

2GO Travel says most destinations on network now accept tourists

FACEBOOK.COM/2GOTRAVEL/ 2GO GROUP, Inc.’s 2GO Travel on Thursday said 90% of the destinations on its network now accept tourists. “Fully vaccinated travelers with vaccination cards and certificates can enter Batangas, Caticlan, Butuan, Cagayan de Oro, Cebu, Dumaguete, Iloilo City, Manila, Negros Occidental province, Ozamis, and Roxas without the swab test requirement,” 2GO Travel said in […]Read More