Ria Atayde not pregnant; pregnancy not reason to marry Zanjoe Marudo — Gela Atayde
MANILA, Philippines — Kapamilya actress Gela Atayde denied rumors that her sister Ria Atayde is pregnant with her first baby with fiance Zanjoe Marudo.
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Taiwan says Chinese boats around Kinmen island daily since deadly incident
TAIPEI, Taiwan — Taiwan's coast guard chief said Monday an average of six to seven Chinese vessels have been in waters around Kinmen island every day since a fatal boat incident last month.
Triathletes of all levels gear up for My Daily Collagen race in Subic
MANILA, Philippines — Triathlon rookies, race veterans, and seasoned triathletes alike are heading to Subic Bay for the weekend with the My Daily Collagen Triathlon happening Sunday.
Obiena hits snag, finishes 9th at worlds
MANILA, Philippines -- After back-to-back gold medal finishes in indoor events, Filipino olympian EJ Obiena struggled in the World Athletics Indoor Championships in Glasgow.
This art-inspired hotel is rising along Palawan’s longest beach line
MANILA, Philippines — Property giant Megaworld, the country’s largest developer and operator of homegrown Filipino hotel brands, is building its second hotel development inside its 462-hectare Paragua Coastown ecotourism township in San Vicente, Palawan.
Wildflour takes $15-M investment at P3.4-B valuation
The Wildflour Hospitality Group (WHG) [link] took a US $15 million investment from private equity firm KV Asia Capital (KVAC) for 25% of WHG. The company will use this to fuel the expansion of its flagship Wildflour “premium casual” restaurant brand with “at least 10 additional new locations over the next 18 months.” The cash will also go toward building out WHG’s complementary brands such as Pink’s Burger, Hotdog, and Shakes. The Inquirer article mentions that “sources” have said that a Wildflour IPO could happen “within the next two years.”
ICT FY23 net income down 17% to US $511-M
International Container Terminal Services [ICT 283.20, down 2.0%] [link], the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal (PICT), and to various other increases in expenses and liabilities. ICT said that without the impairment of goodwill attributed to PICT, the company would have had a FY23 net income of $677 million which would have been a 7% improvement over FY22. ICT’s revenues increased 6% to $2.39 billion, and the volume of containers handled increased 4% to 12.7 million.