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Thursday, May 2, 2024

Business

Leandro Leviste buys 8.5% stake in ABS-CBN

Countryside Investments Holdings Corp. (CIHC), a company owned by young businessman Leandro Leviste, bought an 8.5-percent stake in Lopez-owned ABS-CBN Corp. Leviste’s mother, Senator Loren Legarda, used to work as a news anchor at ABS-CBN before embarking on a political career. ABS-CBN said in a report to the stock exchange Thursday that CIHC through its wholly-owned subsidiary LL Holdings Inc. acquired 76,500,000 shares of ABS-CBN and ABS-CBN Holdings Corp. (ABSP), equivalent...

DOF set to execute $1.5-b pipeline projects with JICA for 2024-2025

The Department of Finance (DOF) said Thursday it is set to execute...

Manufacturing gauge climbed in April—S&P

The Philippines’ manufacturing sector further improved in April 2024 amid strong demand,...

Developing Asia unprepared for aging population

Developing Asia and the Pacific is unprepared to secure the well-being of...

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