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Friday, May 3, 2024

Biz Plus

Leandro Leviste buys 8.5% stake in ABS-CBN

Countryside Investments Holdings Corp. (CIHC), a company owned by young businessman Leandro Leviste, bought an 8.5-percent stake in Lopez-owned ABS-CBN Corp. Leviste’s mother, Senator Loren Legarda, used to work as a news anchor at ABS-CBN before embarking on a political career. ABS-CBN said in a report to the stock exchange Thursday that CIHC through its wholly-owned subsidiary LL Holdings Inc. acquired 76,500,000 shares of ABS-CBN and ABS-CBN Holdings Corp. (ABSP), equivalent...

Manufacturing gauge climbed in April—S&P

The Philippines’ manufacturing sector further improved in April 2024 amid strong demand,...

Developing Asia unprepared for aging population

Developing Asia and the Pacific is unprepared to secure the well-being of...

NEDA Board approves revised UP-PGH Cancer Center project

The National Economic and Development Authority (NEDA) Board said Thursday it approved...

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DOJ orders prosecutor to drop $3.7-m theft case versus Airbus aircraft dealer

The Department of Justice ordered a Pasay City prosecutor to withdraw a criminal case filed by CAPP Industries Inc. of businessman Christopher Pastrana against...

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Finance Secretary Benjamin Diokno is seeking the expanded role of local government units in the fight against climate change as he backs the passage...

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