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Natural disasters caused $220B economic losses in 2025 — Swiss Re
Global economic losses from natural disasters are projected to have dropped by 33 percent to $220 billion in 2025, despite the damage wrought by the Los Angeles wildfires, reinsurer Swiss Re said Tuesday.
Asian Terminals Inc. eyes PSE delisting amid Maharlika”s investment offer
Ports operator Asian Terminals Inc. (ATI) on Tuesday announced its plan to exit from the Philippine Stock Exchange (PSE). In a disclosure to the local bourse, ATI said its Board of Directors approved its voluntary delisting from the PSE following its receipt of notice from sovereign wealth fund Maharlika Investment Corp. (MIC), which expressed its intent to conduct a tender offer for a portion of its public float shares, including employee-held shares.
RFM Corp. eyes 14% profit growth in 2025
RFM Corp., which manufacturers the Selecta ice cream brand and other food products, is optimistic that it will hit P22.2 billion in full-year sales and P1.6 billion in profits this year even as operational headwinds hit consumer demand. Should this be realized, sales would reflect a modest 2% growth, while profits would climb 14% year-on-year as the company is banking on its core brands – Selecta Milk, Selecta Ice Cream, Royal Pasta, and Fiesta Pasta – to continue to post healthy demand and positive market traction
DOE, Landbank to operationalize ‘de-risking” facility for geothermal exploration
The DOE and LandBank have signed an accord to operationalize a multi-million dollar loan program to attract geothermal energy investors by “de-risking” their exploration investments.
Villar Group to sell PrimeWater to Lucio Co Group
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The Villar Group on Tuesday said it has entered into definitive agreements with the Lucio Co Group”s Crystal Bridges Holding Corp. for the acquisition of 100% of PrimeWater Infrastructure Corp.
FFCCCII, Chinese ambassador discuss PH-China tourism, business opportunities
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) on Tuesday said it highlighted the state of Philippine export and tourism sectors ahead of the 2025 ASEAN Summit during a dialogue with newly appointed Chinese Ambassador to the Philippines Jing Quan.
TXT to return to PH in March for fun meet
K-pop group Tomorrow X Together, also known as TXT, is returning to the Philippines next year!
PrimeWater ng Villar Group, ibebenta sa Lucio Co Group na may-ari din ng Puregold
Inanunsyo ng Villar Group nitong Martes na pumasok ito sa mga pinal na kasunduan sa Crystal Bridges Holding Corp. ng Lucio Co Group para sa pagkuha ng 100% ng PrimeWater Infrastructure Corp.
Bilang ng OFWs, tumaas sa 2.19M noong 2024, ayon sa PSA; mas marami ang babae
Tumaas ang bilang ng overseas Filipino workers (OFWs) sa 2.19 milyon noong 2024, batay sa datos ng Philippine Statistics Authority (PSA) na inilabas nitong Martes.
BI, kinumpirmang nasa PH noong November ang mag-amang Bondi Beach shooters
Kinumpirma ng Bureau of Immigration (BI) ngayong Martes na bumisita sa Pilipinas noong Nobyembre ang umano”y mag-amang suspek sa pamamaril sa Bondi Beach sa Australia, na ikinasawi ng 16 katao at ikinasagutan ng 40 iba pa.
