Razon firm ‘poised’ to control Malampaya project

RAZON-LED Prime Infrastructure Holdings, Inc. (Prime Infra) said on Thursday that it “is poised to acquire a controlling stake” in the Malampaya gas-to-power project, a move that is likely to be decided on by the incoming administration.

Depp scores near-total victory in US defamation case against ex-wife Heard

ACTOR Johnny Depp won more than $10 million in damages on Wednesday, achieving a near-total victory in a defamation suit against ex-wife Amber Heard to cap a six-week trial featuring graphic testimony about the stars’ soured relationship.

edotco Group building around 500 towers in PHL this year

ISOC edotco Towers, Inc., one of two tower companies acquiring some of the PLDT group’s telecom towers, aims to build nearly 500 towers in Luzon this year, as part of its goal to help the government in achieving 66,000 new tower builds by 2026, a company official said.

TBA Studios gets rights to Cannes winner Triangle of Sadness

TBA Studios has acquired the exclusive Philippine theatrical rights to this year’s Cannes Film Festival Palme d’Or winner Triangle of Sadness. A theatrical release date in the Philippines has yet to be announced.

Seaoil, Zamboanga economic zone to build bulk depot

SEAOIL Philippines, Inc. is investing P740 million into the construction of a bulk terminal in an economic zone in Zamboanga City, the independent oil firm said on Thursday.

The dispossessed

By Noel Vera
WATCHING Andrez Zulawski’s Possession (1981) again I was struck not so much by the violence and bodily fluids being flung about as I was by the feelings being wielded like so much casual cutlery.

PBB books higher Q1 profit

PHILIPPINE Business Bank, Inc.’s (PBB) net income in the first quarter surged by 93.4% to P309.96 million on the improved performance of its core businesses.

Wesley So defeats Carlsen anew in their Armageddon tie-breaker

WESLEY So may not be a world chess champion just yet. But beating the best in the planet twice in a three-day span is the closest thing to becoming one.

UnionBank’s P11-billion digital bond issuance listed at the secondary market

UNIONBANK of the Philippines, Inc. on Thursday listed its P11-billion digital peso bonds on the Philippine Dealing and Exchange Corp. (PDEx) for trading in the fixed-income market.

JobStreet PHL, Trade dep’t organize virtual career fair

ONLINE job portal JobStreet Philippines has tied up with the Department of Trade and Industry (DTI) to offer a virtual career fair on June 13-17.

AtletangAyala comes home to Ayala Corp. headquarters

PIONEERING batch of #AtletangAyala, who competed and bagged five medals for the Philippines at the 31st #SEAGames held in Vietnam, starts their orientation program as Ayala employees through their membership in the Ayala Center of Excellence in Sports (ACES). The orientation program was held at Tower One, Ayala Avenue, Makati City.

Breaking the cycle of poverty

By Flor G. Tarriela
SOUTHEAST Asia is one of the hardest hit by the COVID-19 pandemic disruptions in 2020, which not only slowed down efforts to reduce poverty, but evidently pushed millions of Asians below the poverty threshold.
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