THE PESO closed sideways against the greenback on Wednesday after the release of stronger June manufacturing data as well as a weaker dollar on concerns over higher infections in the US.
THE MAIN INDEX closed flat at the start of the third quarter amid a 142% jump in value turnover and month-end window dressing by foreign investors.
MANILA and nearby cities will remain under a general lockdown until July 15, while a strict lockdown in Cebu City, where there has been a surge in coronavirus infections will be kept, President Rodrigo R. Duterte said late Tuesday.
THE PHILIPPINES would file a diplomatic protest if investigations show that a Hong Kong vessel had deliberately sunk a Filipino fishing boat in its territorial waters, its top diplomat said on Wednesday.
ABS-CBN Corp., which the regulator ordered closed after its franchise expired last month, had paid all taxes, according to the Bureau of Internal Revenue (BIR).
MEMBERS OF the Moro Islamic Liberation Front (MILF) who are part of families involved in a clan dispute have been warned against renewed violence after a peace pact was signed over the weekend.
THE Philippines signed on Wednesday a loan for 50 billion yen (around P23.5 billion) with Japan to add supplement its resources as it struggles to contain coronavirus disease 2019 (COVID-19).
THE Department of Labor and Employment (DoLE) has tallied about 200 permanent business closures during the public health emergency, which imposed lockdowns that did not allow them to operate or impaired the mobility of suppliers and potential customers.
PRODUCTION of three major fruit crops — banana, calamansi and mango — declined in the first quarter while output of pineapple, the fourth major crop, rose, according to the Philippine Statistics Authority (PSA).
THE average farmgate price of palay, or unmilled rice, rose 0.2% week on week to P19.16 per kilogram in the fifth week of May, with prices up 6.4% year on year, according to the Philippine Statistics Authority (PSA).
THE Securities and Exchange Commission (SEC) warned the public against unlicensed investment companies pretending to be online sellers or cryptocurrency traders.
THE Energy Regulatory Commission (ERC) is prepared to justify to Congress its decision to provisionally cap at P47.05 billion the revenue of the National Grid Corp. of the Philippines (NGCP).
NATURAL DISASTERS and identity theft were cited as the major concerns by Filipino consumers this year, a Unisys Corp. said, citing the findings of its study on security concerns.
THE World Bank Group named Ndiamé Diop as its new country director for Brunei Darussalam, Malaysia, Philippines and Thailand starting Wednesday.
wp booster error:
td_api_base::mark_used_on_page : a component with the ID: td_180x135 is not set.
There was a time when the weddings and events business in the Philippines was robust and thriving, with events-industry trade shows being staged month after month. Events organizing, catering, and other related services expanded exponentially over the last few years.
WHEN Donald Trump slapped a travel ban on Europe back in March to halt the spread of COVID-19, the US president declared it “the most aggressive and comprehensive effort to confront a virus in modern history” — and he criticized the European Union for not having acted quickly enough to do the same.
Metro Manila, Cavite and a few other areas with significant contributions to the national economy will remain under General Community Quarantine (GCQ) until July 15. With that, the government, people, and business will just have to wait another two weeks to see if these places can transition to the more lenient Modified General Community Quarantine (MCGQ). It depends mainly on the trend of the number of COVID-19 cases reported daily.
This year marks several important global milestones in macro-economy and the energy sector. These include the coveted $100 billion/year of climate money starting 2020 as promised by the rich countries to poorer countries during the Paris Agreement in 2015, and steep decline in global GDP growth and energy demand because of the various lockdowns by many countries in response to the COVID-19 pandemic. The world hit an all-time high primary energy demand of 584 Exajoules (EJ, 1 EJ = 23.88 trillion tons oil equivalent, or 277.78 tera-watt hours, TWH) in 2019, up from 576 Exajoules in 2018.
THE NEW NORMAL seems to favor scheduled meetings where discussions are based on the agenda, and questions and answers are recorded in minutes of the meeting. Formal conversations also include media interviews conducted even when the interviewee is in a different time zone from the interlocutor. Replies to reckless questions need to be carefully couched as these are retrievable as video clips — yes, we were elated by his apology.
NEW YORK — With no entirely risk-free path to play, National Basketball Association Commissioner Adam Silver said he hopes the league can be a model for other industries to safely reopen when it resumes its season.
ONE of the best point guards to parade his wares in the local basketball scene, Jimmy Alapag is now making a name for himself in coaching, a transition he said was somehow “natural” after all those years he spent as a floor general.
HOLDER of the lightweight title in ONE Championship for over a year now, Singapore’s Christian “The Warrior” Lee said a lot is still in store for him as champion and that he is ready to take on all-comers, including former champ Eduard “Landslide” Folayang.
BARCELONA — Barcelona gave up more ground to Real Madrid in LaLiga's title race on Tuesday after being held to a 2-2 draw at home to third-placed Atletico Madrid as a late penalty from Saul Niguez cancelled out Lionel Messi's 700th career goal.
WHILE there is no denying that having a sound mind to craft strategies goes a long way in succeeding in esports, still complementing it with proper physical fitness adds further dimension to one’s drive to excel in the sport.
WASHINGTON — New US COVID-19 (coronavirus disease 2019) cases rose by more than 47,000 on Tuesday according to a Reuters tally, the biggest one-day spike since the start of the pandemic, as the government’s top infectious disease expert warned that number could soon double.
TOKYO — Japan is not in a situation now where it needs to declare another state of emergency over the coronavirus but could do so in a worst-case scenario, Chief Cabinet Secretary Yoshihide Suga said on Wednesday.
HONG KONG — Security was tight near the heart of Hong Kong’s government district on Wednesday only hours after new security laws came into force and as the city marked the 23rd anniversary of the former British colony’s handover to China.
According to experts from advisory firms, wealthy families are no longer content with just preserving and growing their assets.
HAVANA — In the courtyard of a temple belonging to the Abakua Afro-Cuban religious brotherhood in Havana, Nelson Piloto is pulling up the lawn to plant bell peppers and cassava in the face of Cuba’s looming food crisis.
OAKLAND — Alphabet Inc.’s Google upended plans by European media companies to block it from harvesting data about their readers and slash some of its dominance in online advertising, seven people involved in the talks said this month.
The COVID-19 (coronavirus disease 2019) pandemic is forcing businesses to adopt alternative ways to swim with the current. “The name of the game now is: It is the fast that eats the big,” said Aldrin Antivola, business efficiency advisor and organizational therapist of Dr. Aldrin Consulting.
Finance Secretary Carlos G. Dominguez III seeks to further loosen movement curbs in the capital region to reignite an economy facing its deepest slump...
SOME MANILA-bound international flights of Philippine Airlines (PAL) are being diverted to Cebu due to “quarantine processing limitations” at the country’s main gateway in the capital.
OUTSTANDING DEBT jumped to nearly P9 trillion as of end-May, as the government issued more domestic securities and availed of additional foreign loans to fund its ongoing fight against the pandemic, the Treasury said on Tuesday.
A PARTNERSHIP between the government and private sector identified 25 new cities for outsourcing development, as part of efforts to redirect opportunities towards the countryside.
RAINIER JAY S. UDARBE, 23, has been taking overseas calls from home as a call center agent for an outsourcing company in Makati since the main Philippine island of Luzon was locked down in mid-March to contain a coronavirus pandemic.
HEADLINE INFLATION likely settled within the 1.9% to 2.7% range in June amid upside risks from higher prices of oil and rice, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.
LUCIO C. TAN’s LT Group, Inc. is maintaining a P7-billion budget for capital expenditures (capex) this year while keeping a “guarded outlook” due to challenges posed by the coronavirus disease 2019 (COVID-19) pandemic.
THE NATIONAL Telecommunications Commission (NTC) on Tuesday issued a cease-and-desist order against the direct broadcast satellite service of the Sky Cable Corp., a subsidiary of the embattled ABS-CBN Corp.
JG SUMMIT Holdings, Inc. is looking to issue dollar-denominated bonds through an offshore subsidiary and has tapped several banks to arrange the offering.
VITARICH CORP. turned profitable in the first quarter as the feed, farm and food company reported a net income of P93.1 million, reversing losses of P172.7 million in the same period last year.
ALLIANCE Global Group, Inc. (AGI), the listed holding firm of tycoon Andrew L. Tan, posted a 32% drop in earnings for the first quarter due to business disruptions by the coronavirus disease 2019 (COVID-19) pandemic.
WHEN you cannot go out of your house to attend a concert, the concert’s performers will come to your home. Virtually.
MEGAWIDE Construction Corp. is expanding its precast technology capacity by three times to satiate demand from the external market.
12Page 1 of 2