MPIC to hold 100% stake in Beacon, increasing shares in Meralco, Global Power
Metro Pacific Investments Corp. (MPIC) is acquiring 25 percent of PLDT Communications and Energy Ventures’ (PCEV) shares in Beacon Electric Asset Holdings. In a PSE disclosure, MPIC stated it entered into a Sale and Purchase Agreement with PCEV to buy the remaining 25-percent stake of the latter in Beacon Electric for P21.8 billion.
Palace, AFP justify trip to Moscow of security top brass despite intel on Mautes’...
Palace and military officials justified Wednesday the decision to have the top brass of all security and defense agencies join President Duterte in Russia even after government had gotten intelligence on the Maute Group's plan to attack Marawi City.
TROUBLE IN PARADISE? | Singapore rocked by public feud among Lee Kuan Yew’s heirs
Singapore Prime Minister Lee Hsien Loong's younger brother and sister said on Wednesday that they have lost confidence in the nation's leader and fear "the use of the organs of the state against us."
US lawmakers looking to pave way legislation for self-driving cars
A bipartisan trio of U.S. senators said on Tuesday they planned to introduce legislation to remove regulatory roadblocks to the introduction of self-driving cars, including sorting out conflicts between state and federal rules.
WATCH | AFP links nearly 80 social media accounts to terrorists; DICT poised for...
The military has identified nearly 80 social media accounts being used by terrorists, and is moving to have these taken down. This, as the DICT said earlier it was poised to file the first "cyber sedition" charge against a group hosting a pro-terrorist site.
Military no longer setting deadline to clear Marawi
The military will no longer set a deadline to clear Marawi City of the extremist gunmen who have been battling government forces for more than three weeks now.
Farinas wants foreign chairman of Resorts World subpoenaed, threatens arrest
Majority Leader Rodolfo Fariñas asked the House of Representatives to subpoena the foreign chairman of Resorts World Manila and have him arrested if he fails to honor the summons.
WATCH | 9 dead, 5 hurt in Davao road mishap
(UPDATE - 1:11 p.m.) Nine persons were killed and at least five more injured when a passenger van collided with a truck in Davao City early Wednesday morning.
SC orders martial law administrator, implementor to attend Day 3 of oral arguments
The Supreme Court has ordered Defense Secretary Delfin Lorenzana and Armed Forces chief General Eduardo Año to appear before it on Thursday, the third day of oral arguments on three petitions seeking to nullify Proclamation No. 216 placing the whole of Mindanao under martial law.
Safeguards vs abuse of martial law good only if president respects law, Constitution –...
(UPDATED - 12:16 p.m.) The constitutional safeguards against the recurrence of the abuse of martial law powers committed during the Marcos dictatorship “will only be good in the hands of a President who respects the law and respects the Constitution.”
WATCH | Fears of people trapped as huge fire engulfs 27-story London residential tower
(UPDATE - 12:52 p.m.) A huge fire engulfed a 27-storey block of flats in central London on Wednesday injuring a number of people and possibly trapping some residents inside the towering inferno.
WATCH | BIR official gunned down in QC
An official of the Bureau of Internal Revenue was gunned down just outside his office in Quezon City Wednesday morning, a crime captured by a closed circuit television camera.
Qatar isolation violates Islamic values – Turkey’s Erdogan
Turkish President Tayyip Erdogan on Tuesday denounced the isolation of Qatar by neighboring states as a violation of Islamic values and akin to a "death penalty" imposed in a crisis that has reverberated across the Middle East and beyond.
DOT: Using ‘More fun’ slogan would be insensitive; ‘Sights’ video not plagiarized
DOT stands by ad agency's claim that video was not plagiarized.
Kris Aquino officially joins cast of ‘dream’ Hollywood project
It turns out the Philippines' self-styled Queen of All Media wasn't just dreaming about being in 'Crazy Rich Asians.'