News Flash

October 07, 2015, Wednesday
  • Former Senator Joker Arroyo passes away at 88 in the United States. 4 hours ago |
  • Senate session hall can’t be used for Binay-related probe as it is being used for budget hearings. 4 hours ago |
  • 25th Senate hearing on allegations vs. Binay won’t push through on Thurs. allegedly due to lack of venue. 4 hours ago |
  • Gabriela party-list files a resolution seeking a House probe on alleged use of women as sex objects at LP event in Laguna. 4 hours ago |
  • Fatalities due to tropical storm ‘Kabayan’ rises to 4. 4 hours ago |
  • Postponement of Ex-Chief Justice Corona’s case at Court of Tax Appeals’ 2nd division is due to the TRO issued by CTA en banc. 5 hours ago |
  • Fmr. Chief Justice Renato Corona’s arraignment at Court of Tax Appeals postponed anew & reset to Dec. 9, 2015. 5 hours ago |
  • Sen. Bongbong Marcos says a vice president should be able to work with any president even if they have conflicting views. 5 hours ago |
  • Sen. Bongbong Marcos says he will announce his candidate for president on Saturday. 5 hours ago |
  • Sarangani Rep. Manny Pacquiao considers running as an independent senatorial candidate. 5 hours ago |
  • Over 250 dengue cases reported in Albay since January this year. 5 hours ago |
  • 10 of 14 victims in collision of 2 vans along Macapagal Blvd. taken to San Juan De Dios Hospital in Pasay City. 5 hours ago |
  • 14 injured in a collision between an armored van & a ‘colorum’ Urvan van along Macapagal Blvd. in Paranaque City. 5 hours ago |
  • Sarangani Rep. Manny Pacquiao to retire from boxing if he will win as senator. 5 hours ago |
  • Tolentino says sorry to LP, Roxas, Rep. Agarao, women’s groups & his own mother who was offended by the lewd dance number. 6 hours ago |
  • Tolentino says as the highest official present during the LP event, he failed to stop the indecent performance of the girl group on stage. 6 hours ago |
  • Tolentino asks for understanding & apologizes to everyone he offended when he failed to stop the girl group’s lewd dance in Laguna. 6 hours ago |
  • Tolentino asks LP to remove him from its senatorial line-up. 6 hours ago |
  • Violation of Magna Carta of Women & Code of Conduct & Ethical Standards filed vs. Tolentino at Ombudsman. 6 hours ago |
  • Labor groups sue MMDA Chairman Francis Tolentino over a girl group’s lewd dance at LP event. 7 hours ago |
  • Ex-Makati Vice Mayor Ernesto Mercado admits the Reyes brothers are his friends. 22 hours ago |
  • DOJ to see if Ex-Makati Vice Mayor Ernesto Mercado violated provisions in the Witness Protection Program. 22 hours ago |
  • DOJ to release a second report on Mamasapano incident. 22 hours ago |
  • Comelec estimates over 2 million voters have yet to register. 22 hours ago |
  • House leadership wants to approve the 2016 proposed budget by Friday. 22 hours ago |
  • House Speaker Sonny Belmonte urges Pres. Aquino to certify as urgent the bill on proposed P 3-T nat’l budget for 2016. 22 hours ago |
  • Sen. Gringo Honasan says he is talking with his family about his next political move. 22 hours ago |
  • Honasan asks UNA for more time to decide on whether or not he will agree to become Binay’s running mate. 22 hours ago |
  • UNA formally asks Sen. Gringo Honasan to be Binay’s running mate. 22 hours ago |
  • TESDA Head Joel Villanueva confirms he is running for senate. 22 hours ago |

STI signs deal to acquire West Negros University in Bacolod

By Jenniffer B. Austria | Apr. 17, 2013 at 12:01am
STI Education Systems Holdings Inc. said Tuesday it signed an agreement to acquire a controlling stake in West Negros University in Bacolod City.

WNU is owned by the Agustin family.

STI said in a disclosure to the stock exchange the purchase of WNU was in line with the company’s strategy to expand its business in the education sector.

STI president Monico Jacob said in a text message he could not provide the acquisition cost of WNU as the company was still doing due diligence.

STI said WNU was one of the biggest universities in Negros Occidental and Bacolod City with an enrollment record of 9,000 students for school year 2012-2013.

The 65-year-old university is also an accredited school by the Philippine Association of Colleges and Universities-Commission on Accreditation for several of its colleges.

Its eight colleges—the College of Education, College of Engineering, College of Criminal Justice Education, College of Arts and Sciences, College of Business and Management, College of Nursing and Allied Health Sciences, College of Maritime Studies, and College of Information Technology—offer 28 associate and bachelor’s degree programs.

WNU also has a School of Graduate Studies with masteral programs in education, public administration, nursing and English, as well as doctorate programs in educational management and public administration.

The school also offers high school, elementary and pre-school education.

STI earlier acquired a substantial stake in Philippine Women’s University, which is owned by the Benitez family.

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