HSBC Philippines set to absorb retail banking arm
HSBC PHILIPPINES is set to absorb its retail banking unit HSBC Savings Bank as the lender aims to streamline its operations in the country.
BPI taps TerraPay to boost remittances
BANK of the Philippine Islands (BPI) has teamed up with financial technology company (fintech) TerraPay for remittances, the bank said on Tuesday.
Stocks climb on positive sentiment, Fed bets
STOCKS climbed on Tuesday, snapping a three-day losing streak, as investors remained bullish on the Philippines’ prospects, even with inflation hitting a 14-year high last month and on expectations of smaller US Federal Reserve rate hikes.
Omicron subvariant BQ.1 cases rose to 17 — DoH
THE PHILIPPINES has detected one more infection involving the highly contagious Omicron subvariant BQ.1, bringing the total to 17, the Health department said on Tuesday.
Rights group asks government to help families of drug war victims
THE GOVERNMENT of President Ferdinand R. Marcos, Jr. should do more to protect the families of victims of extralegal killings and prosecute officials for the wrongful deaths, according to a human rights group.
Congressman: P3-B wifi budget illegally moved to MMDA
AT LEAST P3 billion in public funds was illegally transferred to the Metro Manila Development Authority (MMDA) to finance its free wifi project without congressional consent, according to a lawmaker.
DoE says working to make supply of power more reliable next year
THE Department of Energy (DoE) said it is working to reduce potential disruptions in the power supply in 2023, after a further yellow alert were declared over the power grid in the wake of more unexpected power plant shutdowns.
Marcos to sign administrative order on farm-to-market roads
PRESIDENT Ferdinand R. Marcos, Jr. is set to sign a joint administrative order this month outlining a timetable for establishing a farm-to-market road (FMR) network, the Palace said in a statement on Tuesday.
Japan’s MinebeaMitsumi in P4-B Cebu expansion
JAPANESE electronics manufacturer MinebeaMitsumi, Inc. is undertaking a P4-billion expansion project in Naga City, Cebu, the Department of Trade and Industry (DTI) said.
Croatia advances in quarterfinal as Japan crumbles in shootout
AL WAKRAH, Qatar — Goalkeeper Dominik Livakovic saved three spot-kicks as Croatia beat Japan 3-1 in a penalty shootout to reach the World Cup quarterfinals for the third time after an enthralling 120-minute contest finished deadlocked at 1-1 on Monday.
UAAP S85 Final Four kicks off today at the Smart Araneta Coliseum
AND then there were four.
World Cup top 10 finish for Blu Boys
THE BLU BOYS may have missed the bus to the Super Round of the recently concluded men’s softball World Cup, but they gave the country a reason to celebrate with their Top 10 finish.