Balita.org: Your Premier Source for Comprehensive Philippines News and Insights! We bring you the latest news, stories, and updates on a wide range of topics, including politics, culture, economy, and more. Stay tuned to know everything you wish about your favorite stars 24/7.
MANILA, Philippines — The siphoning of industrial oil from sunken motor tanker Terra Nova is expected to be completed in two weeks, President Marcos said during the distribution of financial assistance to fisherfolk in Cavite yesterday.
THE Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said on Wednesday that the water in La Mesa Dam in Quezon City has reached spilling level due to torrential rains brought by the southwest monsoon.
MANILA, Philippines — The United States is employing a two-pronged approach to counter China’s aggression in the South China Sea: upholding order and fostering partnerships, according to a senior coast guard official.
MANILA, Philippines — After realizing the great extent of the destruction brought about by Super Typhoon Carina as enhanced by the Habagat or Southwest monsoon, there is the urge to help those affected by it.
Maynilad Water Services (MWS) President Ramoncito Fernandez said that MWS has a “franchise that requires [MWS] to list on or before January of 2027” [link], and that all of the group’s efforts (including a P15 billion bonds sale) have resulted in “the momentum building toward an IPO.” Mr. Fernandez said that “timing is crucial” and added, “the ideal window would be after the elections in 2025, or if not, then 2026. So it’s likely between the second half of 2026 and the first quarter of 2026.”MB BOTTOM-LINE: Nothing much to say about this. Sure, this is a potentially market-altering IPO that will be between P40 billion and P56 billion, but we’ve been talking about it in the “maybe late next year” context for nearly three years now. MWS has until January 2027 to actually get listed, so who’s to say Q1/26 doesn’t slip a few quarters more? I just hope that when they do list, it’s not similar to the clumsy legal apparatus that we got with the Synergy Grid [SGP 9.00 unch; 856% avgVol] legislative listing. Fingers crossed for a clean listing vehicle.
BEIJING (AP) — China’s coast guard said Sunday it took action against a Philippine vessel that ignored warnings and caused a light collision with its vessel in the disputed South China Sea, where confrontations between the two sides have increased.
MANILA, Philippines (Updated 5:04 p.m.) — Vessels of the Chinese Coast Guard have rammed and used water cannon at the Bureau of Fisheries and Aquatic Resources' BRP Datu Sanday on Sunday while the ship was on its way to Escoda Shoal to bring fuel and food supply for the fishermen near the shoal.
MANILA, Philippines — China Coast Guard (CCG) vessels yesterday rammed and fired water cannons at the BRP Datu Sanday near Escoda Shoal.