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Tag: news
Del Monte mulls over $600-M share offer
MANILA, Philippines — Del Monte Pacific Ltd. (DMPL) is planning to raise up to $600 million from the issuance of new shares in its Philippine business to address a shortage of capital related to its loss-making American unit. In a regulatory filing on Tuesday, the Campos-led company said it was considering an equity raise through private
Munzon tempers expectations as Titan makes debut
Debuts and defenses take center stage on the second game day of the PBA’s 50th season, which heads to Ynares Center in Antipolo on Wednesday. Titan Ultra makes its big-league debut at 5 p.m. against Meralco, while San Miguel Beer launches its Philippine Cup title defense at 7:30 p.m. against NLEX. While San Miguel’s campaign
Gold rally lifts Philippine dollar reserves to 11-month high
MANILA, Philippines — The Philippines’ gross international reserves rose to $108.8 billion in September, the highest in 11 months, as higher gold prices boosted the value of the central bank’s holdings. The figure climbed from $107.1 billion in August, reflecting gains from global gold prices, investment income, and foreign currency deposits by the national government,
PBA: Transition comes easy for returning Javi Gomez de Liaño
MANILA, Philippines—It didn’t look like Javi Gomez de Liaño had any trouble in his first official game back in the PBA. Magnolia turned to Gomez de Liaño for an 80-73 win over Barangay Ginebra to open their Philippine Cup campaign with a bang on Sunday night at Araneta Coliseum. READ: PBA: Javi Gomez de Liaño
Daria Kasatkina ends WTA season early after hitting ‘breaking point’
World no.19 Daria Kasatkina has called time on her 2025 WTA season after admitting in an emotional statement on Monday that she was at “breaking point.” The 28-year-old, who switched nationality from Russia to Australia in March, lost badly to Sonay Kartal in her opening match at the WTA 1000 event in Beijing last week
PBA: Robert Bolick focused on leading NLEX to semis first
MANILA, Philippines–Earning membership to the Mythical First Team should give Robert Bolick reasons to chase bigger accolades going into the PBA season. But Bolick insists that he’s more concerned about putting NLEX in a situation of exceeding what it had achieved in the Philippine Cup when the Road Warriors came up one win short of
Nomura: Rate cut likely as BSP may weigh flood probe fallout
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may factor in the government’s widening corruption probe into flood control projects when it meets to set policy this week, as the scandal risks slowing public spending and weighing on economic growth, according to Nomura. In a note to clients, the Japanese investment bank said the
Cortez, Archers left to lick their wounds after loss to Blue Eagles
The Ateneo and La Salle rivalry has built numerous stars over the years. It was in those fabled rivalry games where Ateneo notables like LA Tenorio, Chris Tiu, Kiefer Ravena and La Sallians JVee Casio, Joseph Yeo and Mac Cardona truly showed their potential as future stars of Philippine basketball. So when Jacob Cortez and
In ‘urgent’ Reinforced conference, strong start may hold key
MONTALBAN, Rizal—The Premier Volleyball League’s Reinforced Conference blasts off Tuesday with new faces, high expectations, and opening-day matchups that already feel like must-wins. At 4 p.m., ZUS Coffee and Akari set the tone at Ynares Center in a clash between two squads trying to escape the shadows of underwhelming campaigns in the PVL On Tour