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MANILA, Philippines — Motorists are expected to experience heavy traffic along Mindanao Avenue starting June 29 after the Department of Transportation (DOTr) announced that it will close the road’s two outer lanes.
MANILA, Philippines — Suspended Bamban Mayor Alice Guo on Tuesday sought to dispel all accusations against her in a letter sent to Malacañang, where her camp said her name had been "dragged unfairly" amid speculations of her ties to illicit activities by Philippine Offshore Gaming Operators (POGO).
MANILA, Philippines — Former presidential spokesperson Harry Roque is a hot topic once more after it was discovered he funded a certain Alberto Rodulfo "AR" De La Serna to be his travel companion for a trip to Europe.
MANILA, Philippines — Every business aims to be profitable, and those already thriving should seize the opportunity to maximize profits further.
MANILA, Philippines — Sen. Sherwin Gatchalian on Tuesday rebuked the Philippine Amusement and Gaming Corp. (PAGCOR) for claiming that none of its licensed Philippine offshore gaming operators (POGO) hubs have been raided for illegal activities, pointing out that recent POGO hubs flagged by authorities were licensees.
DMCI [DMC 11.20 unch; 45% avgVol] [link] and a group of Consunji Family-owned companies purchased Cemex Philippines [CHP 1.41 unch; 117% avgVol] from its Mexico-based parent company for P17 billion as part of the Consunji Family’s planned expansion into the cement business and the selling company’s goal to divest of its various Asian operations. While that purchase moves toward an end-2024 completion, the two parties have agreed to a deal that will sell the IP and trademarks associated with the “APO Cement”, “Rizal”, and “Island” brands to CHP for approximately P740 million. As InsiderPH notes, this move will allow the Consunji Family to “rely on the company’s well-known brands to maintain and expand their market position” as the family enters into the “unfamiliar cement business”.
SEOUL, South Korea — Denmark's food agency has recalled South Korean instant ramen produced by a brand popular in the West, warning noodle lovers that they were so hot they might cause "acute poisoning".
MANILA, Philippines — Sen. Risa Hontiveros on Monday sounded the alarm over a reported link of a former government official convicted and sentenced to a 26-year jail term for his involvement in the Priority Development Assistance Fund (PDAF) scam – considered the largest corruption scandal the country has ever seen – to Philippine offshore gaming operator (POGO) operations.