Bloomberry secures P40-B loan deal


MANILA, Philippines — Bloomberry Resorts Corp. has obtained a P40-billion loan from seven local banks to repay an existing debt and improve its cash flow amid the high costs it incurred from opening its newest entertainment project. In a stock exchange filing on Wednesday, the operator of Solaire Resorts and Casino led by billionaire Enrique […]…

Keep on reading: Bloomberry secures P40-B loan deal

Read more

Cebu Pacific cues Iloilo-Bangkok flights


MANILA, Philippines — Cebu Pacific is launching next month direct flights from Iloilo to Bangkok, expanding the operations of its hub on the island and beefing up its international network served by airports outside Metro Manila. The low-cost carrier, in a statement on Wednesday, said the new route would be available thrice weekly starting March […]…

Keep on reading: Cebu Pacific cues Iloilo-Bangkok flights

Read more

Bargain hunt boosts bourse back past 6,000


The local bourse bounced back to the 6,000 level on Wednesday as traders hunted for cheaper stocks following four days of declines. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) added 0.94 percent or 56.38 points to 6,044.13. Likewise, the broader All Shares Index gained 0.34 percent or 12.16 points to close […]…

Keep on reading: Bargain hunt boosts bourse back past 6,000

Read more

Taguig’s ‘Love at the Park’ back to mark Valentines’ Day


MANILA, Philippines — The Taguig City government has conducted a week-long festival at TLC village in Lower Bicutan village to mark the Valentines’ Day. Taguig’s “Love at the Park” was opened to the public on Feb. 10 and will continue until Feb. 16. Admission is free and gates open every 5 p.m. daily, with closing times at 10 p.m. from Sunday to Thursday and 11 PM on Friday and Saturday. The festival features 3D art installations like the Hand Heart Installation, Coin Plant Installation, and Green Village Installation. Installations like Rainbow Tunnel, Infinity Tunnel, Instabox Bible Verse Area, Light of […]…

Keep on reading: Taguig’s ‘Love at the Park’ back to mark Valentines’ Day

Read more

PCO to hold training for state-media fact checkers


MANILA, Philippines — The Presidential Communications Office (PCO) on Wednesday said it will hold a fact-check training for state media outlets to combat misinformation and disinformation. The PCO said it partnered with non-profit online news organization Vera Files through a memorandum of agreement to enhance the skills of state media fact-check officers (FCOs) across the country. “Participants will include FCOs from regional units of state media outfits such as the People’s Television Network Inc. (PTV), Radyo Pilipinas, Intercontinental Broadcasting Corporation (IBC), Philippine Information Agency (PIA), and the Philippine News Agency (PNA),” the PCO said in a statement. READ: New PCO […]…

Keep on reading: PCO to hold training for state-media fact checkers

Read more

Filipinos warned vs. visa fraud, scam as peak travel season approaches


MANILA, Philippines – Filipinos traveling abroad are advised to be vigilant against visa scams and fraud by entities promising they can influence approval. Visa outsourcing firm VFS Global, which handles the visa-related administrative tasks for 28 foreign missions in the Philippines, said visa applications in the country are at “volumes higher than ever before” due to a surge in outbound travel, increasing risk in processing delays. This, in turn, is being taken advantage of by scammers by posing as embassy associates or VFS Global staff, who make false promises about visa approvals. READ: Japan Embassy working to fast-track visa processing to […]…

Keep on reading: Filipinos warned vs. visa fraud, scam as peak travel season approaches

Read more

‘Make California Great Again’: Danes dream of buying golden state


COPENHAGEN, Denmark —In the wake of US President Donald Trump’s threats to take control of Greenland, some Danes are California dreaming, offering to buy the golden state and infuse it with a Nordic vibe and universal health care. A satirical website has launched a petition for Denmark to buy America’s most populous state, with more than 200,000 people signing up to the idea so far. Greenland is an autonomous territory within the Kingdom of Denmark. READ: ‘Uneasy’ Europe warns Trump over Greenland ambitions Trump open to military force to take control of Greenland, Panama Canal Ford CEO says Trump policy uncertainty […]…

Keep on reading: ‘Make California Great Again’: Danes dream of buying golden state

Read more

Herbosa: PH’s health initiatives should be less reliant on int’l donors


MANILA, Philippines — In light of what he deemed as growing “nationalistic and individualistic idealism” spreading worldwide, Department of Health (DOH) chief Teodoro Herbosa said the country’s health initiatives should not be reliant on international donors. Herbosa made this statement during the first Philippine Country Coordinating Mechanism for the Global Fund (PCCM-GF) held on Wednesday held to address the overall projected funding gap in programs about HIV-AIDS, malaria and tuberculosis. READ: PH to remain priority of US aid under Trump, says USAID exec “With growing nationalistic and individualistic idealism spreading across countries, the responsibility to fund health initiatives cannot fall […]…

Keep on reading: Herbosa: PH’s health initiatives should be less reliant on int’l donors

Read more