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Metro Pacific’s hospital empire is up for grabs as KKR and GIC exit the country's largest private hospital group.
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Among RIA Defense's first offerings are the RD4P Cobra, a short-stroke gas piston rifle designed to perform underwater, and the RD1, a multi-caliber pistol platform capable of firing armor-piercing rounds.
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A US District Court in California has given final approval to PLDT Inc.’s $3-million (P167 million) settlement in a securities class action brought by investors of its American Depositary Shares.
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A stock market veteran says recent gains were driven by large-cap stocks, with potential rotation to smaller caps as foreign buying continues.
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After years of stagnation, sentiment is changing. Is this a signal for a potential new bull run?
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The private equity owner of The Bistro Group, one of the country’s largest premium restaurant operators, is prioritizing business growth, putting sale plans on the back burner until the food and beverage industry flips bullish.
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De Jesus’ critics on the DBP board point to the fact that the government financial institution has over P42 billion worth of bad loans in its books, out of a total loan portfolio of around P500 billion as of the latest Commission on Audit report.
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The consortium has committed to a P170 billion investment to modernize the 76-year-old airport, elevating it to international standards. The project is expected to raise passenger capacity from 43 million to 62 million annually and increase air traffic movements from 42 to 48 per hour.
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The complaint, lodged by Romeo Mendoza before the Office of the Ombudsman last Wednesday, claimed that De Jesus' monthly salary of P1.1 million far exceeds the maximum amount allowed by law for government-owned and -controlled corporations.
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