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Day: July 4, 2025

Origin Investment Corp I Announces Closing of $60,000,000 Initial Public Offering

SINGAPORE, July 03, 2025 (GLOBE NEWSWIRE) — Origin Investment Corp I (the “Company”), a newly organized special purpose acquisition company, today announced the closing of its initial public offering (“IPO”) of 6,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share and one-half of one redeemable warrant. The units began trading on the Nasdaq Global Market (“Nasdaq”) on July 2, 2025 under the ticker symbol “ORIQU”. Each whole warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share, subject to adjustment as described in the

LPA Develops into Tropical Depression Bising; TCWS No. 1 Hoisted

Cagayan: The low-pressure area west of Calayan, Cagayan has developed into a tropical depression (TD) and was named Bising, the weather bureau said in its 5 a.m. bulletin on Friday. Bising was located 200 km west-northwest of Calayan, Cagayan as of 4 a.m., moving southwestward at 20 kph. It packs maximum sustained winds of 45 kph near the center and gustiness of up to 55 kph. According to Philippines News Agency, tropical cyclone wind signal no. 1 is hoisted over the western portion of the Babuyan Islands (Calayan and Dalupiri), and the northwestern portion of Ilocos Norte (Pagudpud, Bangui, Burgos,

Marcos Meets with GenSan Fishers, Vows to Develop Fishing Sector

General santos city: President Ferdinand R. Marcos Jr. on Friday met with the fisherfolk during his inspection of the General Santos Fish Port Complex (GSFPC) in General Santos City and laid out his plans to upgrade fishing infrastructure and improve the cold chain system in the country. Speaking to General Santos City’s fishers, Marcos said he visited the GSFPC to see and understand the systems used for fisheries. According to Philippines News Agency, he cited the need to build more cold storage facilities and fish ports to ensure and maintain the quality and safety of fish and seafood. ‘Kaya’t gagawin

New DFA Chief Highlights Sustained Momentum in US-Philippine Relations

Taguig city: The Philippines is eager to sustain the momentum in its robust partnership with the United States, Foreign Affairs Secretary Ma. Theresa Lazaro said. Speaking at the 249th US Independence Day reception in Taguig City on Thursday night, the new Filipino top diplomat highlighted the dynamic Philippine-US engagement across all areas of cooperation from political, security, and defense to trade, investment, and development. According to Philippines News Agency, Lazaro emphasized that for the alliance to be strong politically, it must also be strong economically, underpinned by a shared commitment to peace, prosperity, and stability in the Indo-Pacific region. She

June Inflation at 1.4% as Gov’t Measures Help Ease Food Prices

Manila: Headline inflation continued to remain below the lower end of the government’s target range in June, despite a slight uptick due to a faster increase in non-food prices. In a briefing on Friday, National Statistician Dennis Mapa said headline inflation settled at 1.4 percent in June from 1.3 percent in May. This brings the year-to-date average inflation to 1.8 percent, well within the government’s target range of 2 percent to 4 percent for the year. According to Philippines News Agency, the slight uptick in headline inflation was driven by higher non-food inflation (1.9 percent from 1.5 percent), with faster

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