News

Grab pinagmumulta ng P12 milyon dahil sa sari-saring paglabag

ABS-CBN News
Updated as of Oct 17 07:47 PM

Binigyan ng 15 araw ang Grab upang iapela ang utos. Read more »

Antitrust watchdog slaps multi-million peso fines on Grab, Uber

ABS-CBN News
Posted at Oct 17 03:23 PM

The Philippine Competition Commission has slapped a P12-million fine on ride-hailing platform Grab and another P4-million fine on its former rival Uber for violating the anti-trust watchdog's orders regarding their merger. Read more »

SYNNEX acquisition of Convergys approved by competition watchdog

ABS-CBN News
Posted at Oct 08 06:02 PM

MANILA - SYNNEX Corp's acquisition of Convergys Corp has been approved by the Philippine Competition Commission (PCC), the agency said Monday.  Read more »

Singapore watchdog fines Grab, Uber $9.5 million over merger

Agence France-Presse
Posted at Sep 24 03:39 PM

The commission fined both firms a total SGD$13 million ($9.5 million) -- SGD$6.42 million for Grab and SGD$6.58 million for Uber. Read more »

AXA, XL Group merger gets approval from antitrust body

ABS-CBN News
Posted at Sep 04 05:00 PM

AXA's subsidiary Camelot Holdings is acquiring the XL Group, with the latter becoming a wholly-owned subsidiary of AXA.   Read more »

WATCH: San Sebastian’s Ken Villapando gets crowd to laugh in NCAA slam-dunk contest

ABS-CBN News
Posted at Aug 31 06:52 PM

Humor sometimes counts in this type of competition, so Ken Villapando gave the spectators something to laugh about in the NCAA slam dunk contest Friday. Read more »

WATCH: Lyceum’s Enoch Valdez jams from under the basket in NCAA slam-dunk contest

ABS-CBN News
Posted at Aug 31 06:42 PM

Rocking a pair of short shorts, Valdez reached out from underneath the basket for a one-handed throwdown on Friday. Read more »

WATCH: Benilde high-flyer Justin Gutang tops NCAA slam-dunk contest

ABS-CBN News
Posted at Aug 31 06:05 PM

Gutang bested Arellano’s William de Leon and Lyceum’s Enoch Valdez to emerge the winner of the NCAA all-stars slam dunk competition on Friday. Read more »

WATCH: Benilde’s Justin Gutang gets assist in NCAA slam-dunk contest

ABS-CBN News
Posted at Aug 31 05:38 PM

Gutang got an assist from Blazers teammate Jimboy Paturan to complete a trick dunk in the NCAA all-stars slam dunk competition on Friday. Read more »

WATCH: Letran’s Jeric Villanueva is ‘Jordanesque’ in NCAA slam-dunk contest

ABS-CBN News
Posted at Aug 31 05:32 PM

Villanueva's jam is his homage to past dunk stars in the NCAA all-stars slam-dunk competition on Friday. Read more »

WATCH: Arellano’s William de Leon’s ‘2 balls in a dunk’ try in NCAA slam contest

ABS-CBN News
Posted at Aug 31 05:20 PM

Judges were impressed by de Leon's feat that they gave him a total score of 44 points on Friday. Read more »

Anti-trust body says reviewing URC acquisition of Batangas sugar mill

ABS-CBN News
Posted at Aug 27 07:10 PM

The Philippines' antitrust watchdog said on Monday that it is still studying Universal Robina Corp's planned acquisition of a sugar milling company located in Batangas.  Read more »

PH Army, nagbibigay karangalan sa Pinas sa dragon boat racing

ABS-CBN News
Posted at Aug 25 03:10 AM

Doble ang sakripisyo ng mga sundalong atleta na hindi lang lumalaban para sa kapayapaan ng ating bansa, kundi para maipamalas din ang galing ng mga Pilipino sa larangan ng sports. Read more »

Asian Games: How Indonesian customs office torpedoed Pinoy jet-skier’s hopes

ABS-CBN News
Posted at Aug 23 09:25 PM

Indonesian authorities refused to release Billy Joseph Ang's Jet Ski that was impounded at Jakarta International Airport customs warehouse since Saturday. Read more »

Universal Robina to acquire Roxas Holdings' sugar mill

ABS-CBN News
Posted at Aug 23 03:18 PM

Universal Robina Corporation is buying the Batangas sugar mill of Roxas Holdings Inc, the Gokongwei food company disclosed to the stock exchange Thursday.  Read more »

Pagbili ng Grab sa Uber, pinayagan na ng PCC

ABS-CBN News
Posted at Aug 11 02:17 AM

Pinayagan na ng Philippine Competition Commission ang pagbili ng Grab sa Uber. Read more »

Grab applauds anti-trust body for approving Uber deal

ABS-CBN News
Posted at Aug 10 07:18 PM

Ride-hailing firm Grab on Friday thanked the Philippines' anti-trust body for approving Grab's acquisition of the Southeast Asia operations of rival Uber and "recognizing the legality" of the deal.   Read more »

Pinoy kids win silver medals in South Korea choir competition

ABS-CBN News
Posted at Aug 09 07:35 PM

A group of Filipino students won two silver medals from the first-ever World Youth Choral Festival and Competition in Jeju, South Korea.  Read more »

Grab 'close to finalizing' commitments with antitrust body

ABS-CBN News
Posted at Aug 01 12:27 PM

Negotiations with the Philippine Competition Commission are ongoing, according to Grab, which acquired Uber's Southeast Asia operations. Read more »

Ride-hailing firm Grab hits back in Uber takeover row

Agence France-Presse
Posted at Jul 27 07:25 PM

Ride-hailing firm Grab insisted Friday its takeover of Uber's businesses in Southeast Asia has not substantially eroded competition in Singapore after a threat from the city-state's anti-monopoly watchdog to reverse the deal. Read more »