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Food and beverage giant Del Monte Pacific Ltd. (DMPL) has booked a $703.4-million (P40 billion) impairment loss after writing off its bankrupt US arm, Del Monte Foods Holdings Ltd. (DMFHL).
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In the highland village of Pinukpuk Junction in Kalinga Province, the boy who would one day lead the Armed Forces of the Philippines’ Cyber Command learned early that safety was a provisional thing.
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Gamers on BingoPlus, ArenaPlus, and GameZone will now have their balances protected by up to P1 million each, a first in the Philippine online gaming industry.
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Tycoon Ramon S. Ang said Lufthansa Technik Philippines’ future at Ninoy Aquino International Airport hinges on government approval, as lease talks continue beyond the end-August expiry.
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Philippine Airlines soared to the No. 1 spot in Asia Pacific punctuality for August 2025, beating heavyweight rivals Singapore Airlines and Qantas with an 89.37 percent on-time record.
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The Philippines is a step closer to joining J.P. Morgan’s closely watched emerging market bond index, a move that could attract more foreign investments into the country’s debt market.
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Tycoon Ramon S. Ang-led Petron Corp. convinced nearly 70 percent of holders of its $550-million perpetual securities to join an exchange and tender offer in Singapore, a move that underscores investor backing for its capital restructuring plan.
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The milestone capped the first year since NNIC assumed operations on Sept. 14, 2024. Passenger traffic rose 6 percent year-on-year to 51.7 million, while flights handled reached 283,771.
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From jueteng and masiao to underground casinos, unregulated gambling networks have always thrived outside the law. They were untaxed, unmonitored, and unsafe for players, and the arrival of the internet only amplified this reality. A total ban on online gambling will not solve this problem — it will make it worse.
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