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Anti-trust body approves joint venture for Pasay reclamation project

ABS-CBN News
Posted at Sep 30 03:47 PM

The PCC said this deal was its first merger review where a local government unit is involved as a party to a joint venture.  Read more »

Lorenzana downplays Chinese spying threat anew

Dharel Placido, ABS-CBN News
Posted at Sep 30 03:36 PM

Defense Secretary Delfin Lorenzana on Monday downplayed fears anew that national security would be compromised once China-backed telecommunications player DITO Telecommunity puts up facilities in its military camps. Read more »

Dennis Uy's Phoenix Petroleum expands in Muntinlupa, Las Piñas with 4 new gas stations

ABS-CBN News
Posted at Sep 27 12:06 PM

Phoenix Petroleum on Friday said it opened its first 4 gas stations in Muntinlupa and Las Piñas amid its massive expansion in areas south of the capital. Read more »

Villar is PH richest man, but Henry Sy's children are wealthier: Forbes

ABS-CBN News
Updated as of Sep 26 01:43 PM

Former Senate President Manny Villar remains the richest man in the Philippines, but his fortune is still eclipsed collectively by the children of the mall magnate that used to hold the title, according to Forbes.com. Read more »

Not just military bases: DITO wants to build towers in police camps to 'hasten rollout'

ABS-CBN News
Posted at Sep 19 07:24 PM

MANILA – Third telco player DITO Telecommunity is seeking approval to build facilities inside police camps nationwide to "hasten rollout" of services, its spokesperson said Thursday.   Read more »

Will Dito Telecommunity expose Philippines to unhampered espionage?

Chiara Zambrano, ABS-CBN News
Posted at Sep 17 01:30 AM

MANILA—The third telco seeking to penetrate the Philippine market is a Filipino company. Its new name has been changed to further represent this fact. Read more »

AFP allays espionage fears over deal with China-backed telco firm

ABS-CBN News
Posted at Sep 16 10:14 PM

AFP spokesperson Brig. Gen. Edgar Arevalo says the deal will still be scrutinized by Defense Secretary Delfin Lorenzana.   Read more »

Mga pasilidad ng Dito Telecommunity itatayo sa loob ng kampo ng AFP

ABS-CBN News
Posted at Sep 13 01:02 AM

May mga nangangamba sa posibleng epekto nito sa seguridad ng bansa dahil ang kompanyang magtatayo at magpapatakbo ng mga pasilidad ay pagmamay-ari ng gobyerno ng China. Read more »

AFP inks deal allowing presence of Chinese-linked 3rd telco in military bases

Chiara Zambrano, ABS-CBN News
Updated as of Sep 12 09:37 AM

The Armed Forces of the Philippines (AFP) on Wednesday signed a deal with the consortium expected to be the Philippine's third telco player, to put its system, towers and facilities within military bases in the country. Read more »

Phoenix says talks with CNOOC for LNG venture continue

ABS-CBN News
Posted at Sep 02 11:14 AM

Davao-based businessman Dennis Uy's oil firm issued a statement denying a Manila Bulletin report that CNOOC was "ghosting" the joint venture Tanglawan Philippine LNG Inc. Read more »

Dennis Uy's Chelsea gets original proponent status for Sasa Port project

ABS-CBN News
Updated as of Aug 23 03:06 PM

Port capacity expansion, flow improvement, and enhancement of port operations and maintenance are among the aims of the project, the company said in a disclosure to the stock exchange. Read more »

Weightlifting: Hidilyn gets bump in training funds, thanks to gov’t, Phoenix deal

ABS-CBN News
Updated as of Aug 08 08:42 PM

The Asian weightlifting champion is set to receive an initial amount worth P2 million to fund her training, based on a deal agreed upon by national sports officials and Phoenix Petroleum Philippines Inc. on Thursday. Read more »

Udenna Corp buys 100-million shares in mining firm Atok-Big Wedge

Michelle Ong, ABS-CBN News
Posted at Jul 16 12:46 PM

Atok-Big Wedge Co. Inc. on Tuesday said Udenna Corp bought 100 million common shares of the mining firm for P2 per share. Read more »

From Mislatel to Dito, why the name change?

ABS-CBN News
Posted at Jul 09 10:04 PM

The reason behind the name change is not as complicated as some may have assumed, company spokesman Adel Tamano said. Read more »

Dito, formerly Mislatel, gets license to operate as third telco player

ABS-CBN News
Updated as of Jul 09 08:39 AM

It's all systems go for the Dennis-Uy led Mislatel consortium as it finally received on Monday its license to operate as the Philippines's third telco player. Read more »

Chelsea 'positive' in getting gov't nod for unsolicited proposal to modernize Davao airport

ABS-CBN News
Posted at Jun 26 03:53 PM

Chelsea Logistics and Infrastructure Holdings Corp. on Wednesday said it was optimistic that the government would soon give the "green light" for its unsolicited proposal to modernize the Davao International Airport.  Read more »

Tentative release of Mislatel's certificate to operate set on July 8: Rio

ABS-CBN News
Updated as of Jun 17 07:13 PM

Third telecommunications player Mislatel may be able to acquire its certificate to operate from the National Telecommunications Commission by July 8, an official said.  Read more »

Third telco Mislatel fulfilling regulator requirements

ABS-CBN News
Updated as of May 23 01:23 PM

The National Telecommunications Commission is asking for certain documents before Mislatel could secure telecommunications frequencies and a Certificate of Public Convenience and Necessity, Mislatel said in a statement.   Read more »

Dennis Uy's Udenna Group denies links to poll machine provider

ABS-CBN News
Updated as of May 16 03:39 PM

Chelsea Logistics Holdings, a Udenna company, issued the denial to the stock exchange in response to claims on social media that it had ties with multinational firm Smartmatic and its Filipino partner, Total Information Management.  Read more »

Dennis Uy's Chelsea Holdings, PNOC mull liquefied natural gas joint venture

ABS-CBN News
Posted at May 07 09:44 PM

The logistics company of Davao-based businessman Dennis Uy is looking to form a joint venture with the government-owned Philippine National Oil Company for a new liquefied natural gas (LNG) facility in Mabini, Batangas.  Read more »