Thomas Flohr VISTA ACCELERATES INDUSTRY CONSOLIDATION WITH THE ACQUISITION OF AIR HAMBURG, EUROPE’S LEADING CHARTER OPERATOR Acquisition of AIR HAMBURG strengthens Vista’s position across European and Middle Eastern markets; On a combined basis, the transaction would see Vista increase flight hours by ~30% globally, and have a ~15% market share of the global charter market; […]
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE “TAKEOVER […]
A lawmaker on Monday called for the immediate release of fuel subsidy and other forms of assistance for farmers and fisherfolk amid the soaring prices of oil in the international market. Magsasaka Party-list Rep. Argel Cabatbat said the successive oil price increases have an indirect effect on the prices of farm inputs, especially since farmers and fisherfolk are already “bearing the brunt of skyrocketing costs of fertilizers and the unreasonably low farm gate prices of their produce.” Cabatbat said this week marks the eighth time in a row that fuel price hikes took effect. Since the start of the year,
For the entire 2021, Kaspersky products used in the Philippines detected and foiled more than 50 million web threat attempts, according to statistics from the Kaspersky Security Network (KSN). The latest KSN report released Monday showed the Philippines moved two places up in Kaspersky’s global ranking or fourth overall behind Belarus, Algeria, and Kazakhstan. In a nutshell, this means Filipinos who have been mostly stuck at home surfing, working, banking, or studying via the web during the second year of the pandemic have had a heightened exposure to further dangers of the Internet. KSN is the cloud-based threat intelligence service
The Overseas Workers Welfare Administration (OWWA) will provide cash aid worth US$200 (around PHP10,000) for each overseas Filipino worker (OFW) in Hong Kong who tested positive for coronavirus disease 2019 (Covid-19), Malacañang said Monday. Cabinet Secretary Karlo Nograles, also acting presidential spokesperson, made this announcement as he assured that the Philippine government, through the Philippine Overseas Labor Office (POLO), is currently extending assistance to Covid-infected OFWs in Hong Kong. He said the POLO immediately provided OFWs there with food, hygiene kits, and power banks to allow them to communicate while waiting for calls from the Center for Health Protection and
The Metropolitan Manila Development Authority (MMDA) is mulling alternatives to concrete barriers along Epifanio delos Santos Avenue (Edsa) for the safety of motorists traversing the busy thoroughfare. In a Laging Handa briefing on Monday, MMDA Officer-in-Charge, General Manager Romando Artes, said the MMDA has reopened the study to replace concrete barriers that separate the Edsa busway from private and other public transport vehicles. Artes said Edsa is well-lighted and 90 percent of road crashes related to concrete barriers involved drivers who were drunk, fell asleep or were using mobile phones. “Inaaral po natin iyong paglalagay ng bollard, instead of concrete
