Home 2019 June 6

Daily Archives: June 6, 2019 | 12:06 am

San Miguel to push for new power projects

SAN MIGUEL Corp. (SMC) said it will continue putting up new power projects, amid the pending implementation of the competitive selection process (CSP) which favors the lowest-cost provider for consumers.

Pasqualino’s — Italian dining atop a Samar hill

JUST 45-minutes away from Summit Tacloban sits an Italian restaurant atop a hill with a gorgeous view of the San Juanico Bridge.

Aboitiz on track to plant 9M trees by 2020

THE Aboitiz Group said it is on track to hit its goal of planting nine million trees by 2020, as part of its Simultaneous Tree Planting (STP) initiative.

Earning a pin can make a difference in F&B career

SOME PINS are worth more than others. After gaining a Wine & Spirits Education Trust (WSET) Level 1 Award in Wines, one would be given a blue pin. That doesn’t sound like much, but, as Bel S. Castro, Assistant Dean for College of Hospitality Management for Enderun Colleges, said “...in the UK, you cannot work without this,” pertaining to the thriving food and beverage sector in the United Kingdom.

Century Pacific, Shakey’s target to be ‘plastic-neutral’ by next year

CENTURY PACIFIC Group (CPG) on Tuesday said two of its companies are aiming to become “plastic-neutral” by 2020.

Japan’s kakigori comes to Manila via HK

IN A small discreet shop in Serendra is a small staff of “artists” who turn cubes of ice into a mountain of kakigori — Japanese shaved ice desserts. As summer’s heat stifles the city, Shari Shari Kakigori House opened its doors, serving it cold treats to overheated customers.

Google sets new privacy measures

ALPHABET Inc.’s Google has announced new privacy measures in a bid to make “privacy work for everyone,” which includes limiting third-party developers’ access to user data on the Google Chrome Store and Google Drive.

EastWest eyes bond issue by Q3

EAST WEST Banking Corp. (EastWest Bank) expects to offer the first tranche of its P10-billion fixed-rate bond program in the third quarter, as it seeks to diversify its funding sources.

AMA invests P150M on online education

AMA Education System invested P150 million on its online education platform, which caters to students both in the Philippines and abroad.

Flavors of Mindanao highlights food tourism’s role in promoting culture, local economy

DAVAO CITY — The World Food Travel Association defines food tourism as “the act of traveling for a taste of place in order to get a sense of place.”
Apple building

Apple sets vision for unified app strategy at developer confab

APPLE INC. upgraded the operating systems that power its devices, previewed a new Mac Pro desktop computer and showed off new health and augmented-reality features at its annual developer conference on Monday.

The art of taking wine tasting notes

“BRIGHT dark ruby color, fragrant nose with hint of leather, robust and powerful, majestic up to the last drop” — this is an example of a wine tasting note you may see for a young Grand Cru Bordeaux, which, to the uninitiated reader, could be a description of anything from a new sports car to a signature brand of perfume. But this is exactly the description that makes wine writers good at their profession. This is also the art in wine writing. However, many times, the notes can be too vague, too general, or even a bit incongruous.

GCash targets 100 NGO partners for donation platform

DAVAO CITY -- Mobile money platform GCash is targeting to end the year with 100 non-government organization (NGO) partners for its GCash for Good...

Tiffany’s US sales to China tourists drop by over 25%

TIFFANY & Co.’s US sales to Chinese tourists fell by more than 25% last quarter, a trend that’s worsening as a trade war escalates between the two countries.

Compliance with agri-agra lending difficult for banks

UNIONBANK of the Philippines, Inc. said banks are having a hard time complying with the required lending to the farming sector given the rapid growth of their loan portfolios.
PSE BGC bells

Stocks may drop further amid lack of catalysts

LOCAL SHARES may slump in the remainder of the week on the lack of positive leads.

Ang expects to spend P10 billion for bus terminal

SAN MIGUEL Corp. (SMC) said it may spend around P10 billion for the construction and operation of a proposed bus and food terminal on the site of the former Pandacan oil depot.

Microsoft, no longer open source ‘Great Satan,’ woos skeptics to push growth

IN 2014, Microsoft Corp. cloud chief Scott Guthrie wrote up a proposal to acquire GitHub Inc. Then he filed the plan away in a drawer. Every once in a while he’d take the plan out and look at it, and then return it to the cabinet.

Happy Birthday Your Majesty!

ELIZABETH II, Queen of the United Kingdom, was born on April 21, 1926, as the eldest daughter of the then-Duke and Duchess of York, the future King George VI and Queen Elizabeth. Born during her grandfather George V’s reign, she was born third in line to the throne, then her father ascended the throne in 1936, after her uncle, King Edward VIII, abdicated to prevent a constitutional crisis in his desire to marry divorcee Wallis Simpson.
peso dollar bills

Peso may rise on dovish Fed comments

THE PESO is seen to strengthen against the dollar for the rest of the week following dovish remarks from the US central bank even as local inflation picked up slightly in May.