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Yearly Archives: 2020

ARTA to focus streamlining efforts on flagship projects

THE Anti-Red Tape Authority (ARTA) said it will prioritize the streamlining of the permits process for flagship infrastructure programs after President Rodrigo R. Duterte was given special powers to address red tape.

World Bank signals readiness to fund PHL vaccine program

THE World Bank said it is ready to support the Philippine government with vaccine acquisition once an effective product becomes available.

Gov’t to borrow P38B to fund Murang Kuryente obligations next year

THE GOVERNMENT will need to borrow around P38 billion to cover the full cost of its obligations under the Murang Kuryente Act because the budgeted funds amount to only P8 billion, the Power Sector Assets and Liabilities Management (PSALM) Corp. said.
OFW

OFW residential demand steady during pandemic; WFH schemes buoy provincial markets — Lamudi

DEMAND for residential property was sustained among overseas Filipino workers (OFWs) during the pandemic, and interest is shifting to provincial locations and cities on the outskirts of Metro Manila.

NDC startup fund set at P250M next year

THE National Development Co. (NDC)  has allocated P250 million for startup development in 2021, Trade Undersecretary Rafae2lita M. Aldaba said.

Red tide alert raised for eastern Bataan, northern Palawan

THE Bureau of Fisheries and Aquatic Resources (BFAR) has warned consumers against eating shellfish harvested from eastern Bataan, specifically Mariveles, Limay, Orion, Pilar, Balanga, Hermosa, Orani, Abucay, and Samal, and Inner Malampaya Sound in northern Palawan after the detection in those waters of red tide contamination.
cow cattle dairy

PHL 2020 dairy imports seen dropping on weak consumer demand

PHILIPPINE dairy imports are expected to decline this year due to weak demand as a result of the coronavirus disease 2019 (COVID-19) pandemic, the United States Department of Agriculture (USDA) said.

Curbing the impact of rising digital piracy

A little movie trivia: many of the creative minds behind Pixar Animated Studio’s hit film Finding Nemo were Filipino. It turns out that there are so many Filipinos working at Pixar that they even have a name for themselves, Pixnoys. They even snuck in a bit of an inside joke into the underwater movie, naming one of the characters P. Sherman, poking fun at the way we say “fisherman,” while simultaneously giving the nod to the creative Pixnoys that brought the movie to life.

The New Normal in basic education

As the country continues to confront different issues brought about by the coronavirus disease 2019 (COVID-19) pandemic, the Department of Education (DepEd) is addressing the challenges in the basic education for the school year 2020-2021 through its Basic Education Learning Continuity Plan (BE-LCP) under DepEd Order No. 012, s. 2020.

The case for optimism

OCTAVIA BUTLER’s classic futurist novel Parable of the Sower recently made the New York Times bestseller list for the first time. It depicts an America falling apart at the seams due to violence, economic decline, and governmental dysfunction. But despite the chaos, the protagonist, Lauren Olamina, spends much of her time thinking about space exploration. Faced with a dystopian Earth, she motivates herself and her followers to survive by dreaming of the stars.

Sinovac vaccine is safe, says Brazil

BEIJING/SAO PAULO — An experimental coronavirus vaccine developed by China’s Sinovac Biotech appeared to be safe in a late-stage clinical trial in Brazil, preliminary results showed on Monday.

Indonesia rejected US request to host spy planes — officials

JAKARTA — Indonesia rejected this year a proposal by the United States to allow its P-8 Poseidon maritime surveillance planes to land and refuel there, according to four senior Indonesian officials familiar with the matter.

Final Trump-Biden debate will feature ‘mute’ button

WASHINGTON — The final debate between President Donald Trump and Democratic rival Joe Biden will feature a mute button to allow each candidate to speak uninterrupted, organizers said on Monday, looking to avoid the disruptions that marred the first matchup.


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Battle-tested Tampa Bay Rays take on Los Angeles Dodgers

A MAJOR League Baseball (MLB) season that once appeared doomed by COVID-19 approaches the finish line today, as a World Series showdown between the Tampa Bay Rays and the Los Angeles Dodgers kicks off in Arlington, Texas.

Chooks-to-Go Pilipinas 3×3 President’s Cup unfurls

LOCAL 3x3 basketball action is back as the Chooks-to-Go Pilipinas 3x3 President’s Cup unfurls on Wednesday in a “bubble” setting at the Inspire Sports Academy in Laguna.

Jose Romasanta underscores need to uphold Olympism ahead of POC polls

AS ELECTION month at the Philippine Olympic Committee (POC)approaches, one of its senior officials moved to remind his colleagues of the need to uphold the spirit of Olympism with the end view of making the body stronger and better.

2020 Hero World Challenge canceled due to COVID-19

THIS YEAR’S Hero World Challenge in the Bahamas has been cancelled due to travel restrictions amid the coronavirus disease 2019 (COVID-19) pandemic, organisers said on Monday.

Filipino MMA fighter Dy to see action at Brave CF 44 next month

FILIPINO mixed martial arts fighter Rolando “Dy Incredible” Dy will be back in the Brave Combat Federation stage next month to take on highly touted John Brewin of New Zealand in a key lightweight division clash in Bahrain.

Murray, Cardinals rout mistake-prone Cowboys

KYLER Murray passed for two touchdowns and ran for another to help the Arizona Cardinals record a 38-10 victory over the Dallas Cowboys on Monday night at Arlington, Texas.

Overdue

The Dodgers are back in the World Series, and while the development may seem familiar to all and sundry, it proved far from a certainty given their complicated journey. Their stacked roster and status as favorites notwithstanding, they had to come from behind in the National League Championship Series; in fact, they even had to overcome a deficit in the low-scoring rubber match to claim the pennant. And for all their Game Seven heroics, they still required the Braves to suffer from fundamental base-running miscues in order to survive.

Fast-tracking innovation, fiscal support needed to take advantage of new opportunities in health tech

Health tech is expected to grow in five key areas post-COVID: telemedicine; the Internet of Medical Things; virtual reality; robotics; and quantum computing. All of these will combine in a medical ecosystem estimated to reach hundreds of billions by 2026, said Kei Shimada, leader of IBM Japan’s Digital Maker Lab.

The period where the value of Managed Device Services become essential for businesses

Today, we continue to witness how the on-going pandemic disrupted the business landscape and pushed organizations to pivot and adopt new business models. To...

There’s a wealth of marketing data, but it’s getting harder to interpret it

Ninety-three percent of marketers focused on marketing efficiency and return of investment (ROI) within the last year, according to Marketing Intelligence Report Asia-Pacific 2020 by customer relationship management (CRM) firm Salesforce.

‘Bad math’: Airlines’ COVID safety analysis challenged by expert

PARIS — A campaign by coronavirus-stricken aviation giants to persuade the world it’s safe to fly has been questioned by one of the scientists whose research it draws upon.

Wait, what? Dutch justice minister explains lockdown rules for weed

AMSTERDAM — The Dutch government told parliament on Monday it could sit back and relax as there are no extra rules needed to prevent people having or smoking cannabis in public places during the coronavirus pandemic.

League of Cities of the Philippines, MSD advocate for vaccine confidence amid new normal

Committed to maintain high immunization rates across all age groups to protect the population and cognizant of the need to ensure public health and...

Peruvian archaeologists unveil giant cat carved into Nazca hillside

LIMA — Peruvian archaeologists have uncovered a 37-meter-long cat etching in a little-explored area of the country’s celebrated Nazca Lines UNESCO heritage site which is home to hundreds of gigantic geoglyphs dating back more than 2,000 years.

Millennials get little satisfaction from democracy — Cambridge study

LONDON — Young people are less satisfied with democracy and more disillusioned than at any other time in the past century, especially in Europe,...

CSR efforts look within amid the pandemic

Companies have sharpened the focus of their corporate social responsibility (CSR) initiatives amid the pandemic, with their charitable efforts built into business operations or...

A connected path towards digitization

By Bjorn Biel M. Beltran, Special Features Assistant Editor Never in recent memory has the established paradigms of society changed as quickly as with the...

Banks’ recovery seen beyond 2022

THE Philippine banking industry may recover to pre-pandemic financial strength after 2022, although this will depend on the extent of the economic fallout from the coronavirus crisis, S&P Global Ratings said.

Economic contraction seen to be in single digits in 3rd quarter

THE COUNTRY’S economic contraction is seen to be in the single digits in the third quarter, as more sectors reopened with the easing of lockdown restrictions around the country, First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) said.

PHL won’t give up arbitral win over joint exploration

THE Philippines maintained it will not set aside its arbitral win against China over disputed areas in the West Philippine Sea just to proceed with joint oil and gas development, the country’s energy chief said on Monday.

Xurpas embarks on backdoor listing

THE Philippine Stock Exchange, Inc. (PSE) will not lift the trading suspension on shares of Xurpas, Inc. after deciding that its planned P170.7-million acquisition of venture capital firm Wavemaker Partners US qualifies as a backdoor listing.

AC Energy, partner to build $36-M solar farm in India

AYALA-LED AC Energy, Inc. and its partner are expanding their network in India with another solar farm in the pipeline.

PXP Energy, Atok-Big Wedge further soar after lifting of exploration ban

SHARES in PXP Energy Corp. and Atok-Big Wedge Co., Inc. on Monday sustained their surge days after the government lifted a ban on oil and gas exploration in the West Philippine Sea.

Japanese firm JTI to buy more tobacco leaves from local farmers —  DoF chief

Japan Tobacco International (Philippines) Inc. (JTI) is looking to increase its tobacco purchases from local farmers to more than 4.6 million kilograms (kg) next year, according to the Department of Finance (DoF).

Higher LPG sales lift Pryce’s third-quarter profit 

PRYCE CORP. on Monday reported a 1.24% rise in its net profit between July and September to P1.222 billion over a year ago as it saw growth in liquefied petroleum gas (LPG) sales.

FEU swings to loss on enrollment decline, tuition discounts

FAR Eastern University, Inc. (FEU) swung to a loss in its first quarter, ending August as a result of lower enrollments and tuition fee discounts because of the coronavirus pandemic.

A happy ending guaranteed in latest boys love show

BOYS’ Lockdown is another entry to the ever-growing list of boys’ love (BL) series, a genre which has seen a surge in popularity this year, and this time, its writer said that this is for people who want to see a cute, fluffy romance with a happy ending.

AllHome plans to open 2 more stores this year

VILLAR-LED AllHome Corp. is looking to end the year with at least two more new stores as it is encouraged by the resilience of existing stores during the coronavirus-related lockdown.

How creators can make more money online? Merchandise

MANY people have made a career for themselves online as YouTube creators or as influencers on other social media platforms, and while having ads and sponsorships may bring in a lot of money, a company specializing in creating branded merchandise said that there’s no better way to strengthen one’s personal brand and create another revenue source than by having your own merchandise, especially for those just starting out.
National Grid Corporation of the Philippines (NGCP)

NGCP turns over housing project in Valenzuela City 

POWER grid operator National Grid Corporation of the Philippines (NGCP) said Monday it turned over to the city government of Valenzuela the first batch of low-rise homes in a joint in-city housing project for informal settler families.

‘Stanning’ Stray Kids

ONE of the major casualties in the global COVID-19 (coronavirus disease 2019) pandemic is the live entertainment industry. For K-pop in particular, concerts, music shows, and festivals, and fan meetings — whether on a grand scale or even the relatively small and intimate ones — are temporarily on hold as the world still grapples with how to keep the virus at bay. Given the consistently high demand for Korean entertainment and content, agencies and brands have joined forces to continue to stage events — but the medium has shifted to online.

Filinvest expands Cebu flagship project

THE FILINVEST Group is expanding one of its flagship projects, City di Mare, in Cebu City to adapt to the changing needs of consumers amid the “new normal.”