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PBA: GDL lifts Converge past Meralco in preseason comeback

Juan Gomez de Liaño made key shots in the clutch as Converge pulled off a 109-103 comeback win over Meralco in a tuneup game Thursday at Gatorade Hoops Center in Mandaluyong. The second overall pick of the recent PBA Rookie Draft buried a four-point basket and later drove in a left-handed layup over Raymond Almazan,

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SM strengthens retail amid rising demand for beauty and wellness

MANILA, Philippines — The SM Group has bolstered its retail subsidiaries to meet rising consumer demand for beauty and wellness products with greater accessibility nationwide. SM Beauty offers more than 1,000 beauty brands across its 77 branches. It has expanded offerings that include global premium brands such as YSL, Lancôme, and Calvin Klein.  Also, the SM unit has also introduced beauty hubs in

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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

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UAAP: Gani Stevens eyes bigger role with QMB now gone

Gani Stevens will be entrusted with a larger role in the University of the Philippines’ defense of the UAAP crown with Quentin Millora-Brown no longer around to man the middle. Stevens is entering his second season in Diliman after seeing limited action during the Fighting Maroons’ Season 87 title run, and he hopes to make

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BIR simplifies business registration requirements

MANILA, Philippines — The Bureau of Internal Revenue (BIR) is streamlining the documentary requirements for business registration. This is intended to cut red tape and spare applicants from delays or outright rejection. Revenue Memorandum Circular 74-2025 issued on July 18 updated the checklist to align with the implementing rules and regulations of Republic Act

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Bank of England holds rate as inflation stays high

LONDON, United Kingdom — The Bank of England kept its key interest rate at 4 percent Thursday, as elevated UK inflation offsets the country’s stagnant economic growth. The decision widely expected by markets followed a regular policy meeting and came one day after the US Federal Reserve had cut its benchmark borrowing costs for the first