Home 2018 October 11

Daily Archives: October 11, 2018 | 12:06 am


PHL firms ignore nearly half of cyberthreat alerts

COMPANIES in the Philippines are not able to address nearly half of legitimate cybersecurity threats they receive, a study published by Cisco Systems, Inc. (Cisco) showed.

PCC taps UK firm to keep track of Grab’s ‘voluntary commitments’

THE Philippine Competition Commission (PCC) tapped a United Kingdom-based audit firm to monitor Grab Philippines’ (MyTaxi.PH, Inc.) fulfillment of its voluntary commitments in relation to its acquisition of Uber Philippines in March.

All roads lead to the stomach

WE’D LIKE to think that the hours spent in cars and the hours spent waiting for a meal feel the same: both measures of time were made to exist to make the final results more rewarding.

TDF yields hit fresh high

YIELDS fetched for term deposits surged to a fresh high yesterday even as demand cooled from a week ago, with players again crowding the seven-day papers at a time of market uncertainty.

PT&T firms up interest in 3rd telco bidding

PHILIPPINE Telegraph and Telephone Corp. (PT&T) on Wednesday signified its interest in joining the government’s search for a third telecommunications player by purchasing the bid documents.
Samsung Galaxy J4+ & Samsung Galaxy J6+

Samsung unveils new Galaxy J smartphones

SAMSUNG IS set to launch new budget smartphones from its Galaxy J series line in the country this week.

Johnnie Walker House pops up

THE WORLD’S leading Scotch whisky is also known for its so-called Johnnie Walker Houses “designed to immerse (patrons) in the history, provenance, and pioneering spirit of the... brand,” as a “lifestyle space and part museum (which brings together) luxury whisky innovation with art, design, fine-dining, and culture.”

RCBC offers basic accounts

RIZAL COMMERCIAL Banking Corp. (RCBC) has launched basic deposit accounts (BDA), offering a cheaper and simpler way to access financial services in line with the government’s inclusion push.
PCC logo

CLC-Trans-Asia deal under review

THE Philippine Competition Commission (PCC) on Wednesday started a review of Chelsea Logistics Holdings Corp.’s (CLC) acquisition of Trans-Asia Shipping Lines, Inc.
Securities and Exchange Commission

SEC warns public vs investing in Bioglow laundry shops

THE Securities and Exchange Commission (SEC) has advised the public against investing in Bioglow Laundry Shop (Bioglow), noting that it is not registered with the commission nor authorized to solicit investments.

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JBL launches Bluetooth speakers, headphones with built-in assistant

MORE VOICE-ASSISTED products are seen to be available in the Philippines, as American audio equipment maker JBL looks to intensify its presence in the country.

Fishing for your food at New York’s wild new seafood restaurant

YOUR ODDS of catching a big striped bass for dinner in New York City are not especially high. A pier in Brooklyn, close to the Williamsburg J.Crew, probably offers the best chance. Your next step is to find someone to clean and cook it for you.

UnionBank’s IOC to boost lender

UNIONBANK of the Philippines said its integrated operations center (IOC) launched last year will help supervise the overall operations of the bank, which in turn will translate to maximized revenues and a better customer experience.
Mavic 2

DJI introduces Mavic 2 camera drones

DRONE MAKER DJI has introduced two new devices under its Mavic 2 series, with one featuring a Hasselblad camera for improved image quality.

CLI 9-month reservation sales soar to P6B

RESERVATION sales of Cebu Landmasters, Inc. (CLI) surged in the first nine months of 2018, driven by interest in both its economic housing and high-end projects.

Here are the world’s Top 50 Bars — and the best is in London

FANCY A few cocktails at the world’s best bar? Better be quick: It’s preparing to close.

Rediscount loans climb in September

REDISCOUNT LOANS availed by banks surged in September at a time of tighter money supply, which came ahead of another rate hike from the Bangko Sentral ng Pilipinas (BSP).

Lebanon wines bring villages back to life

BEIRUT — Lured by Lebanon’s wine making potential and nostalgia for his homeland, Maher Harb left a Paris consultancy job in 2010 and dug vines into the soil of family land unused since the country’s civil war.
Nestor A. Espenilla, Jr.

Espenilla gets B+ in central banker report card

BANGKO SENTRAL ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr. got the third-highest rating for his first year as central bank chief, with the Global Finance magazine touting sustained economic growth while noting the weaker peso and a wider trade gap as setbacks.

House approves new franchise for Jacinto’s network

THE House of Representatives passed on third and final reading the bill renewing the franchise granted to Rajah Broadcasting Network, Inc. (RBN), owned by businessman and presidential adviser Ramon “RJ” P. Jacinto.

FDA to use mClinica app to monitor prescriptions

MCLINICA PTE. LTD. has developed a mobile app called Electronic Drug Safety System (eDSS) seen to aid in the modernization and innovation of the Philippine healthcare system.

How PSEi member stocks performed — October 10, 2018

Here’s a quick glance at how PSEi stocks fared on Wednesday, October 10, 2018.