Day: April 16, 2025

Manila: The Philippine Competition Commission (PCC) has increased the minimum transaction value for mergers and acquisitions (M and As) that require notification. This change is part of an effort to streamline regulatory processes and accommodate economic growth. According to Philippines News Agency, the PCC announced that the thresholds for M and A deals have been raised to PHP8.5 billion for the size of party (SOP) and PHP3.5 billion for the size of transaction (SOT). The SOP accounts for the total value of assets held by a party’s parent company, whereas the SOT pertains to the value of the acquired firm

Manila: The Commission on Elections’ (Comelec) Task Force on Safeguarding Against Fear and Exclusion in Elections (SAFE) has taken decisive action by filing a motu proprio petition for the disqualification of Pasig City congressional candidate Christian Sia. The petition, submitted on Wednesday, targets Sia for violating Comelec Resolution 11116, which outlines the Anti-Discriminatory and Fair Campaigning Guidelines for this year’s midterm elections. The violation stems from Sia’s lewd remarks about single mothers during an April 3 campaign event. According to Philippines News Agency, task force head Sonia Bea Wee-Lozada emphasized that Sia’s comments, where he expressed readiness to sleep with

Manila: Protecting the country’s food and water supply remains a top priority in the government’s national adaptation plan to mitigate and address the effects of climate change, Environment Secretary Maria Antonia Yulo Loyzaga said Wednesday. In a news release, the Department of Environment and Natural Resources (DENR) emphasized the administration of President Ferdinand R. Marcos Jr. is uniting various agencies and sectors to protect the environment and build the country’s climate resilience. According to Philippines News Agency, Loyzaga highlighted in an earlier radio interview that there is now a convergence with the whole-of-government approach. She pointed to the DENR’s flood

Gainesville: For pentathlete Brenda Ramos-Zinampan, winning the Philippine team’s lone medal in the 10th World Masters Athletics Indoor Championships proved that it’s never too late to chase her dream. ‘It was a deeply fulfilling moment, a dream come true,’ the 47-year-old teacher from Solano, Nueva Vizcaya said in an interview on Wednesday after winning a bronze medal in the women’s pentathlon 45-49 age category in the biennial meet on March 23-30 at the Alachua County Sports and Events Center in Gainesville, Florida. According to Philippines News Agency, despite limited training time, tight budget, and hectic schedule, Zinampan said she gave

Manila: The Philippine Postal Corporation (PHLPost) has issued a captivating set of stamps featuring various jellyfish species native to the Indo-Pacific region and the Philippines, underscoring the country’s rich marine biodiversity. According to Philippines News Agency, the release highlights the Philippines as a haven for diverse jellyfish species, many of which are integral to the nation’s natural heritage and may be unique to the region. The stamp collection, titled “16 on sheet,” includes 16 individual stamps showcasing four distinct species: the box jellyfish, upside-down jellyfish, lion’s mane jellyfish, and Pacific sea nettle. The box jellyfish, or Cubozoa, is recognized as