PCIC’s coverage for farmers still inadequate, World Bank study says

A WORLD BANK study found that the Philippine Crop Insurance Corp.’s (PCIC) coverage for farmers remains inadequate, the Department of Finance said on Saturday.

Chery Tiggo 8 Pro: Ain’t no mountain high enough

By Manny N. De Los Reyes
NAVIGATION APP Waze told us we were 45 minutes away from the Dambana ng Kagitingin (Shrine of Valor) located at the peak of Mount Samat. We were driving Chery’s newly launched Tiggo 8 Pro on the Bataan Provincial Highway, the passageway of World War II’s infamous Bataan Death March.

Bianca Pagdanganan jumps to 46th in third round of US Women’s Open

THE Philippines’ Bianca Pagdanganan shot a one-over 72 and jumped to joint 46th with one round left in the US Women’s Open on Sunday in Southern Pines, North Carolina.

Uniqlo parties with Marni

BALLOONS, suits, and pajamas sounds like the brief for a whimsical party, but it is these concepts that anchor luxury Italian brand Marni’s collaboration with Asian fast fashion giant Uniqlo.

UN aid chief had ‘frank, constructive’ talks in Moscow on Ukraine grain

UNITED NATIONS — UN aid chief Martin Griffiths “had frank and constructive discussions” with Russian officials in Moscow on facilitating exports of Ukraine grain from Black Sea ports, a UN spokesman said on Friday.

Debt yields mixed on hawkish Fed

YIELDS on government securities (GS) ended mixed last week due to hawkish statements from US Federal Reserve officials and ahead of the release of likely above 5% local inflation print for May, which could build the case for the central bank to raise benchmark rates anew this month.

AXA gives preferential insurance rates for Honda Sensing-equipped models

A RELEASE from AXA Philippines, one of the country’s leading insurance providers, cited a Metro Manila Accident Reporting and Analysis System revelation that there were 65,032 road accidents (with 337 deaths) in 2020 in Metro Manila alone.

These sheets are made of bamboo fabric

SHELLY and Ryan Tan married in 2017. While shopping during their honeymoon in the United States, they came across a store that sold bamboo fabric bedsheets. After purchasing and trying out the sheets, they were so impressed that they decided to open a business back home.

Volatility seen as market awaits May inflation data

TRADING on the stock market is expected to be volatile this week ahead of the release of May inflation data, which could give the central bank a reason to hike rates anew to control rising prices.

Q2 consumer confidence drops due to inflation

CONSUMER sentiment deteriorated in the second quarter due to concerns about inflation, low incomes, and persistent high unemployment, the Bangko Sentral ng Pilipinas (BSP) said, though it noted that the outlook is more positive over the next 12 months.

Expanded public consultation sought on managing gov’t debt

CIVIL SOCIETY organizations (CSOs) need to be given a place at the table in determining how to deal with the national debt, after they were largely left out of discussions on the record levels of debt the current government has taken on, a think tank said.

Electronics industry to pursue dialogue with incoming gov’t on pathways to growth

THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said it is seeking a dialogue with the incoming administration to discuss how to attract more investment in the electronics industry, the country’s leading generator of exports. 
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