Megawide swings to net loss as expenses rise
MEGAWIDE Construction Corp. swung to an attributable net loss of P112.76 million for the first quarter of the year from a profit of P2.85 million in the same period a year ago.
‘We’ll be back next year for that three-peat,’ declare Abando, Yu
A NEW chapter is being written in the National Collegiate Athletic Association (NCAA). And the Letran Knights are the ones transcribing it.
Cannes Film Festival News: Squid Game star Lee Jung-jae steps behind the camera for...
CANNES — Squid Game star Lee Jung-jae flexes his filmmaking muscles with Hunt, a spy thriller he wrote, directed, produced and also acts in.
QCinema Int’l Film Fest announces #QCShorts grantees
A DIVERSE program of themes and styles from this year’s winning short films are in store in QCinema’s 10th year, which will be held in November.
Philippine office market occupancy stabilizes
By Dom Fredrick Andaya
AFTER seven consecutive quarters of negative net take-up, the Metro Manila Office Market has finally turned a corner as Colliers recorded a positive net take-up for the first quarter of 2022.
Chef de mission Ramon Fernandez represents PHL team at Vietnam SEA Games closing rites
HANOI — True to his word as the last man standing, national team chef de mission (CDM) Ramon Fernandez stayed behind to represent the Philippine delegation on Monday for the closing rites of the 31st Vietnam Southeast Asian (SEA) Games at the My Dinh National Stadium.
Demand for midrise building residential developments growing in key cities
DEMAND for midrise building (MRB) residential developments is on the rise, especially in key cities such as Laguna and Iloilo.
Gov’t partially awards T-bills after BSP decision
THE GOVERNMENT partially awarded the Treasury bills (T-bills) it offered on Monday as investors asked for higher returns due to high inflation and following the central bank’s rate hike.
Vanessa Sarno: The new PHL darling of weightlifting
WEIGHTLIFTING prodigy Vanessa Sarno is being heralded as a future Olympic and world champion after her record-smashing performance in the 31st Southeast Asian (SEA) Games in Hanoi, Vietnam.
UnionBank looking to raise at least P1 billion from digital bond offering
UNIONBANK of the Philippines, Inc. (UnionBank) on Monday started offering digital peso bonds, the first of its kind in the country, to raise at least P1 billion in fresh funds.
BPO-friendly office towers may see surge in take-up
THE Philippine office market is expected to grow faster with 358,000 square meters (sq.m.) of ongoing transactions likely to be concluded in the next six months, Leechiu Property Consultants (LPC) said.
Shares drop on fears of surge in COVID-19 cases
SHARES declined on Monday amid fears of another surge in coronavirus disease 2019 (COVID-19) cases in the country and ahead of key economic data releases this week.