general

Philippine debt draws more foreign cash

MANILA, Philippines — Foreign investors are stepping up purchases of Philippine government bonds. This is a shift buoyed by market-friendly reforms and declining inflation, with regulators signaling comfort about the growing foreign presence. Japanese investment bank Nomura, citing talks with Philippine officials, said policymakers may be comfortable with a gradual rise in foreign participation to

general

AC Health acquires majority stake in Cebu Hospital

MANILA, Philippines — Ayala Healthcare Holdings Inc. (AC Health) has acquired a majority stake in a Cebu hospital, expanding its presence in the country’s second-largest metropolis. AC Health on Friday said its provider arm, Healthway Medical Network, had signed an agreement with the Velez family for the 200-bed Cebu Velez General Hospital (CVGH). “Cebu is

general

UST opens UAAP Season 88 with Olympic-inspired spectacle

MANILA, Philippines — University of Santo Tomas opened UAAP Season 88 with a large-scale celebration across its España campus on Friday, welcoming 36,629 attendees in an Olympic-style ceremony. The Thomasian community staged the kickoff at the Main Building and Open Field, marking its first hosting since Season 79 in 2016. This year’s theme is “Strength

general

Ayala acquires majority stake in Cebu Velez General Hospital

MANILA, Philippines — The healthcare arm of the Ayala Group has expanded its presence in the country’s second-largest metropolis. AC Health on Friday announced it had acquired a majority stake in Cebu Velez General Hospital (CVGH). This was done through the Zobel family-led company’s provider arm Healthway Medical Network, in an agreement with the Velez family. READ: Temasek

general

SCHEDULE: UAAP Season 88 basketball tournament

The UAAP Season 88 tips off with the basketball tournaments starting September 20. Games will be held every Wednesday, Saturday and Sunday at UST Quadricentennial Pavilion, Smart Araneta Coliseum and Mall of Asia Arena. This season features basketball competitions in the men’s, women’s and 16-under divisions. Highlighting the men’s basketball first round games are the

general

WNBA: Fever beat Dream to reach semifinals

COLLEGE PARK, Georgia — Aliyah Boston made the go-ahead basket with 7.4 seconds left, Lexie Hull stole the ensuing inbounds pass and the Indiana Fever beat the No. 3-seeded Atlanta Dream 87-85 on Thursday night to advance to the WNBA semifinals. Despite missing Caitlin Clark among its injured players, Indiana closed on a 7-0 run