IFC, ADB poised to pour $245M into Maynilad IPO

MANILA, Philippines – Two of the world’s major multilateral institutions may come in as cornerstone investors for the initial public offering (IPO) of Maynilad Water Services Inc. next month, chipping in as much as $245 million combined. In its latest preliminary prospectus, Maynilad said International Finance Corp. (IFC), the private sector arm of the World Continue reading IFC, ADB poised to pour $245M into Maynilad IPO

Petron certified as LPG training hub

MANILA, Philippines – Petron Corp., part of the San Miguel group, has become the first oil firm accredited as an official training institution in the liquefied petroleum gas (LPG) industry. In a statement Tuesday, Petron said it had secured the certification from the Department of Energy (DOE) last week. READ: Petron raises P32B from bond Continue reading Petron certified as LPG training hub

Astronomers Detect the First “Heartbeat” of a Newborn Star

Gamma ray bursts are among the most luminous explosions in the universe, briefly outshining entire galaxies in a violent flash of energy. For decades, scientists have debated what powers these incredibly powerful detonations and, to date, the leading candidates have been black holes or highly magnetised neutron stars called magnetars. Distinguishing between the two has proven frustratingly difficult though but a new study has just provided the clearest evidence yet that magnetars can indeed power some of these extreme events, and they did it by detecting something unexpected, the “heartbeat” of a newborn star. Continue reading Astronomers Detect the First “Heartbeat” of a Newborn Star

Bahay, Eagles taking every lesson Baldwin imparts

Jared Bahay is well aware of the many big shoes that he has to fill as far as crack guards ever to have come out of Ateneo under the revered Tab Baldwin go. From the likes of Tyler Tio, Gian Mamuyac, SJ Belangel and Thirdy Ravena, Baldwin has given his Midas Touch on them that Continue reading Bahay, Eagles taking every lesson Baldwin imparts

PSA adopts measure in aftermath of credentials controversy

MANILA, Philippines—The Philippine Sportswriters Association (PSA) on Tuesday expressed alarm over what it described as a troubling use of media access as a form of censorship, following the temporary revocation of Spin.ph’s credentials by the Philippine National Volleyball Federation (PNVF). In a strongly worded statement, the PSA condemned the September 23, 2025 decision of PNVF Continue reading PSA adopts measure in aftermath of credentials controversy

AMLC secures 3rd freeze order vs individuals tied to flood control graft

MANILA, Philippines – The Anti-Money Laundering Council secured a third freeze order against individuals tied to flood control controversy,  building on two earlier directives and collectively paralyzing 1,563 bank accounts, 54 insurance policies, 154 vehicles, 30 properties and 12 e-wallets.  The third order, granted by the Court of Appeals on Sept. 30, covered 836 bank Continue reading AMLC secures 3rd freeze order vs individuals tied to flood control graft