Romero gains majority control of AirAsia Philippines MANILA, Philippines — The family of Rep. Michael “Mikee” Romero has become the sole local owner of AirAsia Philippines after buying out the only other remaining Filipino shareholder in the budget carrier. Romero-owned F&S Holdings has acquired the 15.6 percent stake of Antonio “Tonyboy” Cojuangco in AirAsia Philippines, raising its total stake to 60 percent from the previous 44.4 percent. “We have successfully acquired 15.6 percent of the last remaining shares of the local partners and we have acquired TNR Holdings for my family’s stake in AirAsia to be 60 percent. We bought TNR Holdings which is owned by Tony Boy Cojuangco,” said Romero, without disclosing the value of the transaction. The remaining 40 percent in AirAsia Inc. (AAI), operator of AirAsia Philippines, are still owned by Air Asia Bhd founders Tony Fernandez and Datuk Karmarudin Menarum. … [Read more...] about Romero gains majority control of AirAsia Philippines
Michael mikee romero
MANILA, Philippines – Rep. Mikee Romero (1-Pacman party-list) recently filed a resolution for the banning of foreign players in school programs. Romero cited the following for his reasons: Foreign players stymie the growth and shortchange the development of various sports programs in the Philippines. They take away playing time from Filipino players. Acquiring foreigners is not only counter-productive but is also expensive. Is that the case? If you look at this Season 82 of the UAAP, yes, foreign student-athletes are dominating. Angelo Kouame leads Ateneo in playing time with 25 minutes per game. Four Blue Eagles average 20-plus minutes a game. Five others average over 10 minutes per game. Kouame is also their leading scorer, rebounder and shot blocker. Thirdy Ravena is the only other player in double digits. In Season 81, Kouame was second in minutes played and points on the team. Adamson University’s Lenda Douanga averages 33 minutes per game. Jerrick … [Read more...] about Are foreign student-athletes bad for Philippine sports?
Romero seeks to bar foreign players in college leaguesA party-list lawmaker on Monday sought to ban foreign imports as players in collegiate leagues, to promote and develop “homegrown Filipino players” in the country. 1-Pacman Party-list Rep. Michael “Mikee” Romero filed House Resolution (HR) 388 urging a House committee to stop all collegiate and university leagues from recruiting, acquiring and using non-Filipino citizens and foreign imports as players. “The proliferation of this non-Filipino citizens and foreign import players are stopping the growth and development of homegrown Filipino talents,” Romero said.The lawmaker said that over the last ten years, the rules of collegiate and university leagues have been “flip-flopping” on the issue, particularly in the National Collegiate Athletic Association and the University Athletic Association of the Philippines. “One athlete slot given to a foreign player is one slot denied to a … [Read more...] about Romero seeks to bar foreign players in college leagues
How do we judge the true state and prospects of the Philippine economy? Just observe the behavior patterns of our tycoons and the actions of business’ prime movers, such as the frenetic movements in the country’s aviation sector, which undoubtedly points to robust prospects for Philippine tourism and our overall sustained high economic growth. We in small and medium-scale enterprises (SMEs), foreign investors and professionals should all seek out the many emerging economic opportunities, and not just in our booming major cities because economic growth is spreading to rural regions and even far-flung islands. PAL’s management changes Asia’s pioneer, Philippine Airlines (PAL), is now undergoing a major reorganization with the retirement of respected president Jaime “Jimmy” Bautista after 26 years with the company. On June 18, the 85-year-old PAL chairman and CEO Lucio C. Tan allowed his daughter, PAL executive vice president, treasurer and chief … [Read more...] about The battle of airlines & new airports
MANILA, Philippines — The Professional Regulation Commission (PRC) announces that 3,372 out of 8,855 passed the Civil Engineer Licensure Examination given by the Board of Civil Engineering in the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legazpi, Lucena, Pagadian, Tacloban, Tuguegarao and Zamboanga this May 2019. The results of examination with respect to thirty-nine (39) examinees were withheld pending final determination of their liabilities under the rules and regulations governing licensure examination. Likewise, the examination result of one (1) examinee was withheld, until necessary documents have been properly reconstituted and submitted to the Commission. Roll of Successful Examinees in the Civil Engineer Licensure Examination. Held on May 5 & 6, 2019. Released on May 10, 2019. 1 ABABAO, JESSA PEDUTIM 2 ABAIGAR, EVAN FAITH … [Read more...] about Civil Engineer Licensure Examination