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Cignal Cable to acquire Sky Cable shares worth PHP 2.862 billion

Along with the ABS-CBN and TV5 deal, Cignal Cable also entered into a Sale and Purchase Agreement with Sky Vision, ABS-CBN, and Lopez, Inc. to acquire shares of Sky Cable.Cignal Cable will acquire 38....

  • 1 year ago
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ABS-CBN to acquire TV5 shares worth PHP 2.16 billion

ABS-CBN Corp and TV5 have reached a partnership deal where ABS-CBN will acquire shares of TV5 amounting to PHP 2.16 billion.In a report by ABS-CBN News, the investment agreement allows ABS-CBN Corp to...

  • 1 year ago
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Gasoline prices could drop by P5 in another rollback

MANILA – Gas prices are projected to drop by as much as P5 in another rollback set for next week. Gasoline prices could fall by P5 to P5.50 per liter, diesel by P1.70 to P2.20, and kerosene P0.20 to P...

  • 1 year ago
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Peso slides to 56.06 to $1, weakest in almost 17 years

MANILA (UPDATE) - The Philippine peso weakened further closing at P56.06 to the US dollar, just six trading days after it breached the 55 to $1 level, according to the Bankers Association of the Phili...

  • 1 year ago
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Marcos says students to get free LRT 2 rides under Libreng Sakay program

MANILA - President Ferdinand Marcos Jr. on Tuesday said students will be entitled to ride the Light Rail Transit (LRT) Line 2 for free."Libreng Sakay (Free Fare) continues as is. But (what) we are goi...

  • 1 year ago
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Airbnb permanently bans parties and events globally

Airbnb has just announced that it would be permanently banning parties on all Airbnb listings worldwide, codifying a temporary restriction placed two years ago.The temporary ban was introduced back in...

  • 1 year ago
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Diesel prices could see P1 increase next week

MANILA – Diesel rates will see an increase for a fourth straight week, while kerosene and gasoline prices could stay relatively the same.Industry estimates for diesel peg an increase of about P1 to P1...

  • 1 year ago
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