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Senator Alan Peter Cayetano's independent review of the New Senate Building continues to unveil alarming revelations about its escalating costs, highlighting the absence of a final project price which remains a "moving target."
SEOUL, South Korea — North Korean leader Kim Jong Un called South Korea a "foreign" and "hostile country" as he visited troops, state media reported Friday, adding that the recent destruction of transport links marked an end to an "evil relationship".
MANILA, Philippines — Authorities are in hot pursuit of kidnappers who abducted an American national in Sibuco, Zamboanga del Norte, police said on Friday, October 18.
MANILA, Philippines — Vice President Sara Duterte said on Friday, October 18, that Sen. Imee Marcos asked her to run with President Ferdinand “Bongbong” Marcos Jr. as his vice president in the 2022 national elections.
SAN FRANCISCO, United States — Netflix on Thursday said it added more than five million subscribers in the recently ended quarter but signaled slowing growth.
According to a report by InsiderPH, Ayala Corp. [AC 717.50, down 1.7%; 30% avgVol] is selling half of its stake in AC Ventures (ACV) to Mitsubishi for P18 billion, in a deal that values GCash at approximately P288 billion (~$5 billion). ACV owns a stake in Globe Fintech Solutions (Mynt), which in turn owns GCash. This deal is apparently a continuation of the July transaction where MUFG acquired an 8% stake in Mynt for $393 million; it was conducted on the same valuation terms. According to InsiderPH, Ayala will use the proceeds of the sale to “retire loans it took to finance AC Ventures’ stake that matched MUFG’s entry in GCash last July.”
MANILA, Philippines — Up to 1,308 police officers who have relatives running in the 2025 midterm elections were either relieved or transferred to other units, the Philippine National Police reported yesterday.
MANILA, Philippines — The retail price of tomatoes in Metro Manila has increased by 100 percent after it reached as high as P180 per kilo compared to P90 per kilo a week ago.