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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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Real estate firm shakes up NCR condominium market

A real estate company is shaking up the housing market in Metro Manila by selling condominium units at half the price of other developments...

TaskUs supports gender equality

TaskUs, a provider of outsourced digital services to fast-growing technology companies, actively supports gender equality in the workplace as it recently celebrated Pride Month. It...

Low-cost developer to launch bigger homes

Bria Homes said it will soon launch Bettina Prime—a house-and-lot model that features a floor area of 44 square meters on a 72-square-meter lot. “We...

Diamed rolls out locally-developed swine fever text kit

Diamed Enterprise, a provider of life science and diagnostics products, rolled out a locally-developed African Swine Fever test kit in the Calabarzon region. This is...

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