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ABS-CBN sells major stake in HQ to Ayala Land

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ABS-CBN Corporation has agreed to sell nearly 70% of its Diliman, Quezon City property to Ayala Land Inc. for PHP 6.24 billion. This move aims to raise funds for debt settlement. The sale marks a significant change for the network’s broadcasting center. The deal reflects ABS-CBN’s strategy to strengthen its financial standing. Ayala Land Inc. will acquire a substantial portion of the property. The agreement underscores a reshaping of assets and partnerships in the media and real estate industries.

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Austin ranch owners secure agreement with city to block development

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Shield Ranch, a 6,600-acre property outside Austin, Texas, has entered into an agreement with the city to prevent future development. This deal safeguards the land’s natural resources, balancing urban growth with environmental preservation. Through a conservation easement, the ranch will remain untouched, providing recreational opportunities and contributing to community well-being. The agreement reflects collaboration between private landowners and municipal authorities, offering a model for sustainable growth and preservation. This story explores the implications for conservation in the Austin area.

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Trump sets new 10% tariff on China, effective March

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President Donald Trump announced a 10% tariff on Chinese imports, highlighting issues of drug smuggling as a reason. Meanwhile, tariffs on goods from Canada and Mexico are set to move forward next week. The administration aims to address concerns related to trade practices and illegal activities. These measures are part of broader U.S. trade policies.

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PhilHealth raises coverage limits for heart procedures

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PhilHealth has improved its coverage for heart procedures, including open heart surgeries and heart valve repairs, reaching nearly P1 million and up to P810,000, respectively. This move aims to increase healthcare affordability and accessibility for patients with cardiovascular diseases in the Philippines. The enhancements are expected to alleviate financial burdens and improve health outcomes, aligning with the government’s strategy to provide better healthcare services for Filipinos. The implementation is part of PhilHealth’s broader efforts to meet international health insurance standards.

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Houston City Council sets up fund for homelessness, Mayor Whitmire pushes outdoor sleeping ban

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Houston City Council introduces the “Initiative to End Street Homelessness Fund” to address homelessness, aligning with Mayor John Whitmire’s effort to ban outdoor sleeping. This move aims to remove homeless individuals from public spaces by establishing a dedicated fund to support these initiatives in Houston. Explore the details of this proposal and its implications for the city’s homelessness strategy.

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Texas House sees narrow support for voucher bill

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The Texas House of Representatives is reviewing House Bill 3, a school voucher proposal permitting public funds for private schooling. With 75 Republican co-sponsors, the bill narrowly meets the vote threshold for passage. Backed by Governor Abbott, the bill faces opposition over concerns about its impact on public education funding. This legislative effort reflects the state’s commitment to expanding educational choice while balancing public and private sector needs. The bill’s outcome may influence similar debates nationwide.

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PVL player Michele Gumabao, Aldo Panlilio say “I do”

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Michele Gumabao, a well-known volleyball player, married Aldo Panlilio at the National Shrine of the Sacred Heart in Makati. The ceremony took place on Tuesday, with Gumabao wearing a gown designed by Jaggy Glarino. The event was attended by family, friends, and members of the volleyball community, marking a significant moment in her personal life. The couple exchanged vows in a celebration filled with love and joy. Discover more about this heartwarming occasion and how it unfolded.

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