Thursday, 06 November 2025, 10:17 am

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    Buffett’s Berkshire to buy OxyChem for USD9.7B

    Berkshire Hathaway has struck a deal to acquire OxyChem, the chemical division of Occidental Petroleum, in an all-cash transaction worth USD9.7 billion, subject to customary adjustments.

    Strategic shift, steady hands at OceanaGold

    OceanaGold (Philippines) Inc. recently appointed Brian Martin as Chairman of the Board of Directors, a move that signals both continuity and ambition for the listed miner behind the Didipio gold-copper operation.

    Leviste: DPWH can cancel or re-price ₱1.6 Trillion in projects to save ₱400 Billion

    As Congress finishes deliberations on the 2026 budget, Batangas 1st District Representative Leandro Legarda Leviste is proposing that the Department of Public Works and Highways (DPWH) cancel or re-price P1.6 Trillion of ongoing and upcoming projects to save P400 Billion or over P1 Billion per day so the government can fund its priority health and education programs.

    DepEd pushes modular learning, TLS as quake wrecks 7,500 classrooms in Cebu

    The Department of Education (DepEd) today (02 October 2025) pledged modular kits and temporary learning spaces to ensure classes resume quickly for over 19,000 learners adversely affected by a 6.9-magnitude quake In northern Cebu Tuesday.

    TYM Corp. to help train Filipino farm engineers

    The Philippine Center for Postharvest Development and Mechanization (PhilMech) has signed a memorandum of understanding (MOU) with South Korea’s TYM Corporation to advance farm mechanization efforts in the Philippines.

    Just in

    Seagate shares soars after debt deal

    Shares of Seagate Technology climbed 10 percent on Wednesday after the data storage company announced a USD500 million debt exchange agreement, a move seen by investors as easing its near-term financing pressure.

    Higher enrollment boosts STI Holdings FY net income 38%

    STI Education Systems Holdings, Inc. (STI Holdings), the country’s largest private school network, reported strong financial results for Fiscal Year ending June 30, 2025, supported by higher enrollment and steady operational gains.

    Mastercard appoints Jason Crasto as country manager for the Philippines

    Mastercard has named Jason Crasto as its new country manager for the Philippines, tasked with leading the company’s strategic direction and operations in one of Southeast Asia’s fastest-growing digital payments markets.

    Business events emerge as growth engine for economy

    The country's Meetings, Incentives, Conferences, and Exhibitions (MICE) sector is emerging as a key driver of inclusive economic growth, aligning closely with national development goals. Business events are increasingly seen as platforms for investment, innovation, and regional cooperation rather than just crowd-generating activities.
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