HARBIN, China—Sofia Lexi Jacqueline Frank isn’t just skating for medals at the 9th Asian Winter Games—she’s paving her path to the 2026 Winter Olympics in Milano-Cortina, Italy. “I’m definitely targeting the Winter Olympics,” said the 19-year-old ace after finishing 10th out of 25 competitors in the women’s single skating short program on Wednesday. Frank, born […]…
Keep on reading: Frank sets goal beyond China borders
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Jema Galanza acknowledges that there may have been a dip in her performance with Creamline in the past few games of the PVL All-Filipino Conference. The multititled hitter dropped hints of some personal struggle but none of that is affecting her desire to figure things out and eventually bring her old form back. “I just […]…
Keep on reading: Groping for old form, Creamline’s Galanza snaps out of funk
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Bank lending posted its fastest growth in two years to cross the P13-trillion mark in December, as the start of the interest rate-cutting cycle and the typical surge in economic activities during the holiday season boosted both consumer and business demand for loans. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed that outstanding […]…
Keep on reading: Loans swell at fastest pace in 2 years
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We reported here last year about the multibillion-peso deal hatched by businessman Dennis Uy of Davao to sell Conti’s Bakeshop & Restaurant and Wendy’s Philippines to entrepreneur Crystal Jacinto, who is backed by her Malaysian husband, well-connected businessman Jaya Sudhir. The buyout of Eight8Ate Holdings Inc., holding firm for the two food retailing brands, has […]…
Keep on reading: BIZ BUZZ: What’s next for Conti’s?
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MANILA, Philippines — The third round of the government’s green energy auction saw strong participation from investors as the offered capacity reached 7,500 megawatts (MW), substantially higher than the goal of 4,650 MW. The Department of Energy (DOE) said this latest round of bidding dubbed Green Energy Auction-3, which is meant to accelerate the deployment […]…
Keep on reading: Investors seek nod for fresh 7,500 MW of renewables capacity
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WASHINGTON, United States — US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden. The consumer price index (CPI) edged up to 3.0 percent in January from a year ago, the Labor Department said in a statement — slightly above economists’ estimates. “Overall, this is not a great read,” EY chief economist Gregory Daco told AFP. Speaking in Congress on Wednesday, Federal Reserve chair Jerome Powell said the CPI data reinforced the US central bank’s recent cautious approach on […]…
Keep on reading: US consumer inflation unexpectedly up, Trump blames Biden
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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
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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
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MANILA, Philippines — Four malls of SM Prime Holdings Inc. will get power from rooftop solar panels as the real estate giant ramps up its use of renewable energy and catches up to a self-imposed net zero target. In a statement on Tuesday, the Sy family-led developer said it had partnered with TeaM (Philippines) Energy […]…
Keep on reading: 4 SM malls turn to rooftop solar power
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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
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