THE CAPITAL MARKETS Integrity Corp. (CMIC) has placed R&L Investments, Inc. under involuntary suspension as it continues its probe on the stock brokerage that was reportedly forced to stop operating after an employee allegedly stole stocks from the firm worth more than P700 million.
THE GOVERNMENT REGULATOR has assured that the Wawa bulk water supply project is up for final approval, Prime Metroline Infrastructure Holdings, Corp. (Prime Infra), the water company led by businessman Enrique K. Razon Jr., said on Friday.
VICE President Ma. Leonor G. Robredo on Friday vowed to enforce the state’s anti-illegal drug campaign “within the bounds of the rule of law.”
THE Supreme Court has extended the deadline for a ruling on a decade-old case where more than 50 people were massacred in Maguindanao province, Chief Justice Diosdado M. Peralta said on Friday.
THE prices of 134 products that many Filipinos consume during the Christmas holidays have remained stable, the Trade department said on Friday.
JAPANESE investors are seeking opportunities in Philippine retail, real estate and consumer finance, a Japanese banker said.
DEPARTMENT OF Finance (DoF) officials expressed skepticism about the government’s ability to curb salt consumption via taxation, and said the problem might be better addressed via health education.
THE Public-Private Partnership (PPP) Center on Friday said the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) Board has identified two assets in Bohol and Manila which will be developed and managed by the private sector.
THE Department of Environment and Natural Resources (DENR) said it has launched a responsible mining information campaign which it hopes will promote “pro-people” business practices while clearing up the public’s “misconceptions” about the industry.
THE Philippine telecommunications sector is expected to spend more than it can generate internally over the next 18 months, with telcos turning more to debt to fund their future capital expenditures, Fitch Ratings said.
NICKEL Asia Corp. said net profit fell 43% in the nine months to September due to weak nickel prices as well as a stronger peso and investments in loss-making processing plants.
Shakey’s Pizza Asia Ventures Inc. said third-quarter net profit rose 27.3% to P176.38 million as revenue grew in the double digits, in part after the opening of new stores.
PHILIPPINE Racing Club, Inc. (PRC) said its board approved this week investments in two firms to bolster its gaming operations.
THE Philippine central bank might further cut benchmark interest rates next year as the economy continues to pick up amid global conditions, according to Leong Sook Mei, Association of Southeast Asian Nations head of Global Markets Research at MItsubishi UFJ Financial Corp.
THE peso slightly weakened against the dollar on Friday as markets waited for details of a trade tariff deal between the US and China.
wp booster error:
td_api_base::mark_used_on_page : a component with the ID: td_180x135 is not set.
THE Philippine central bank has ordered for the closure of AMA Rural Bank of Mandaluyong, Inc. and ordered the Philippine Deposit Insurance Corp. (PDIC) to take over its liquidation.
PHILIPPINE Savings Bank (PS Bank) posted a 20% increase in profits to P813 million in the third quarter from a year earlier, boosted by interest and fee-based income, according to a stock exchange filing on Friday.
THE state-run Social Security System (SSS) wants to include workers in the informal sector in its pension coverage as part of a plan to improve the system.
THE central bank is likely to approve this month the rules that will enforce Islamic banking in the Philippines, which is expected to attract more local and foreign banks, Bangko Sentral ng Pilipinas (BSP) Managing Director Arifa Ala said on Friday.
LOCAL SHARES ended flat on Friday in the face of MSCI rebalancing and signs of improving Sino-US trade ties, staying above 8,000 for the fifth straight day and gaining for the fifth week in a row.
KUMU is the country’s fastest-growing social media app. For Rexy Josh Dorado, KUMU’s president and co-founder, it’s the culmination of a career built on advocacy, championing the countless talents of the Filipino diaspora.
If there are compelling professional and personal reasons to embrace remote working, why, then, are Filipino companies so in favor of on-site working? While there are cultural reasons at play the biggest roadblock to remote working is technological.
ASIDE from a TV special on the night before the e-commerce platform’s biggest sale of the year, Lazada also announced several new features to make the app a “lifestyle destination,” according to a Philippine executive.
The innovations announced today are designed to help organizations overcome the barriers to AI. From detecting ‘drift’ in AI models to recognizing nuances in the human voice, these new capabilities can be run across any cloud via IBM’s Cloud Pak for Data platform to begin easily connecting their vast data stores to AI.
THE COUNTRY’s economic growth in the July-September period beat market expectations as it rebounded from the first and second quarters and from a year ago on the back of bigger government expenditures that added to the lift from robust household spending, the Philippine Statistics Authority (PSA) reported on Thursday.
THE COUNTRY’s economic growth in the July-September period beat market expectations as it rebounded from the first and second quarters and from a year...
A SENATE technical panel tackling proposed amendments to the retail trade law on Thursday zeroed in on the provision that will reduce the minimum paid-up capital for foreign entrants and possible safeguards for small local businesses.
THE MANILA ELECTRIC CO. (Meralco) said on Thursday that electricity rates in November will increase by P0.4717 per kilowatt-hour (/kWh) as the power generation charge rose during the month.
THE BOARD of Investments (BoI) more than doubled its approved investments to P764.7 billion in the nine months to September from a year ago, the agency said in a press release on Thursday.
AS NETFLIX INC. prepares for a bruising battle against the Walt Disney Co. and Apple Inc. for streaming subscribers, it’s playing a card that may deliver enough of an edge to fend them off in Asia: Japanese anime.
BRANDS CONNECTING to an issue or a purpose they are passionate about and making it into a marketing campaign is a trend that a Twitter regional executive said exploded in the past two years as more and more users look for authenticity in marketing.
JAMES DEAN is coming back from the dead to appear in a new movie, a Hollywood production company said on Wednesday, causing an uproar about the idea of reincarnating one of America’s most beloved film icons.
ABOITIZ Power Corp. (AboitizPower) expects new power plants that will post their first full-year operations in 2020 to more than make up for the decline in its profit and revenue figures this year, its incoming president said.
LONDON — A new track recorded by George Michael in his last studio sessions before his 2016 death was released on Wednesday, in which the late British pop idol sings about social ills.
EARNINGS of San Miguel Corp. (SMC) fell 5% in the first nine months of the year, as Petron Corp.’s profits took a hit from shrinking refining margins.
SINGAPOREAN e-commerce platform Shopee is gearing up for its biggest sale of the year on Nov. 11 with a TV special the night before on GMA Network, featuring performances from the network’s biggest stars.
GLOBE Telecom, Inc. reported a 17% rise in profits in the third quarter, driven by strong growth in all its data-related products and services.
PEPSI-COLA Products Philippines, Inc. said a group of its workers in Davao filed a strike notice after a failure to conclude a new collective bargaining agreement.
ON NOV. 12, 4 p.m., a Spanish expert on Marine Sciences, Dr. Emma Huertas, will give a lecture on the state of the oceans at the Intramuros branch of Instituto Cervantes de Manila.
ALLHOME Corp. said it is on track to hit its target of having 70 stores by next year as it opened three new stores in October.
AROUND 100 nurses have completed a program of the Department of Health (DoH) in partnership with Singapore’s Nanyang Polytechnic and Temasek Foundation, in order to upgrade the nursing profession in time for the Universal Health Care (UHC) Program which takes effect next year.
PAUL W.S. ANDERSON’s Event Horizon is arguably the Mary Celeste of science fiction cinema, not just being the story of a ship lost in the vast oceans of space but the film itself falling victim to malevolent forces (Paramount Studios) and mutilated, the missing portions gone forever.
EMPERADOR, Inc. earnings reached P5.3 billion as of end-September, driven by an 11% rise in revenues.
GROSS INTERNATIONAL reserves (GIR) — which shield the country from liquidity shocks — strengthened further at end-October, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.
THE spoiler paradox posits that knowing how a story ends lends richness to the narrative’s experience by giving more room for analysis: the removal of the element of an ending’s shock provides the audience with the tools to piece the story together. Elisabeth das Musical, telling a darker version of the doomed Empress of Austria, takes full advantage of the spoiler paradox by beginning with a trial of her assassin, Luigi Lucheni, in the afterlife. He calls upon witnesses, the long-dead aristocracy of the Austro-Hungarian Empire, to support his story: that he was merely fulfilling the wishes of the Empress.
12Page 1 of 2