BofA Securities and UBS have emerged as front-runner banks to secure a mandate from private-equity firm KKR to conduct the sale of its stake in a Philippines-based hospital business, with the overall …
How Singlife plans to magnify the Philippines’ insurance penetration through GCash
The Philippines’ low insurance penetration, albeit a narrower figure than the previous year’s, is compelling insurers to transcend their offerings into a more viable option for the everyday Filipino – …
DMCI, Marubeni investing P15 billion for property venture
MANILA, Philippines — DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project. DMCI and Marubeni …
DMCI keen on entry into cement business
The Consunji Group is looking to pursue its entry into the cement business with the acquisition of Cemex Holdings Philippines (CHP).
Hundreds of people forced to pose as online lovers rescued from scam center in Philippines
An image of a chain link. It symobilizes a website link url. Copy Link Hundreds of people who were forced to work in a “love scam” center in the Philippines were rescued by police earlier this week, …
Chinese tourist arrivals in Philippines surge by 235 per cent in Jan-Feb
The number of Chinese inbound travelers to the Philippines surged by 235 percent year-on-year in the first two months of 2024, a Philippine lawmaker said Sunday.
Philippines gets US$5bil in investment pledges from German, US companies
The Philippines secured about US$5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it …
Philippines sets Guinness record for largest human image of an organ
The Philippines on Saturday evening set a new Guinness World Record for “largest human lung formation” ahead of World Tuberculosis (TB) Day.
Philippines says it can overtake Singapore next year as Asia’s No. 2 casino hub
The Philippines can overtake Singapore as soon as next year as Asia’s second-largest gambling destination after Macau, the head of Manila’s gaming agency said, with new integrated resorts seen …
Chinese tourist arrivals in Philippines surge by 235 pct in Jan-Feb
Citing data from the Philippines’ Department of Tourism, Representative Marvin Rillo, vice chairperson of the committee on tourism in the House of Representatives, said that 82,314 Chinese travelers …