First Gen seeks DoE nod to build LNG import terminal
FIRST GEN Corp. said its subsidiary had applied for regulatory permit to start constructing an offshore terminal for liquefied natural gas (LNG) within its energy complex in Batangas City.
James Bond movie release pushed back amidst virus fears
LONDON -- The global release of the new James Bond film No Time to Die was postponed on Wednesday by seven months amid the coronavirus disruption that has closed movie theaters in China and caused widespread headaches for other Hollywood productions.
PLDT allots P83-B budget this year
PLDT, Inc. is allocating P83 billion for capital expenditures (capex) this year, 36.1% higher than last year’s figure, to serve better the “fast-growing” data usage of its customers, the company’s top official said on Thursday.
Massive Miami electronic-music fest up in air on virus concerns
PLANS FOR the Ultra Music Festival, one of the world’s biggest electronic-music events, were in flux Wednesday after Miami Mayor Francis Suarez met with the organizers over mounting coronavirus concerns.
ICTSI income dips 52% after one-off charges
PROFITS of International Container Terminal Services, Inc. (ICTSI) last year plunged 52% to $100.4 million, attributable to non-recurring charges recorded during the period.
Taylor Swift is best-selling global artist in 2019
LOS ANGELES -- Pop superstar Taylor Swift topped the list of the world’s best-selling music artists in 2019, thanks to the success of her album Lover, beating popular acts including Korean pop sensation BTS, recording industry group IFPI said on Monday.
Recruitment agencies ordered to monitor health of workers in Hong Kong, Macau
THE PHILIPPINE Overseas Employment Administration (POEA) directed all recruitment agencies to monitor the health of their workers deployed to Hong Kong and Macau as those territories deal with the coronavirus outbreak from China.
DBP targets to grow loan book to P419B, assets to over P800B
DEVELOPMENT BANK of the Philippines (DBP) is looking to grow its loan portfolio to P419 billion and breach the P800-billion mark for its asset base this year as the bank aims to reach P1 trillion in assets by 2022.
EU launches series of gender-equality workshops
THE European Union is planning a series of workshops and cultural activities in the Philippines to close the financial literacy and technology gap among women, and combat traffcking.
LGBTQ+ partners can be insurance beneficiaries
INSURANCE POLICYHOLDERS that identify as members of the lesbian, gay, bisexual, transgender and queer (LGBTQ+) are allowed to name their domestic partners as beneficiaries for their life insurance plans, according to the Insurance Commission (IC).
Promotion without a salary increase
By Rey Elbo
I was asked by our department manager to handle additional tasks left unattended by a colleague who resigned recently. This brings me to an “underpaid and overworked” situation. He told that I could be promoted in “due time” if I showed excellent performance. It looks like our department is no longer interested in hiring a replacement. The trouble is that I don’t have any formal appointment and am only relying on the verbal instructions of my boss. Two months have passed and nothing has happened. I don’t want to consult our human resource department to avoid antagonizing my boss. I’m beginning to love my job as I’ve already adjusted to it. However, my concern is his apparent lack of concern in a salary increase commensurate to my additional work load. Is this luck in reverse? What is happening? Is there such a thing as a promotion without a salary increase? -- Torrential Rain.
Regulators chided for late probe of ‘POGO money’
SENATORS rebuked financial regulators on Thursday for failing to promptly investigate the entry of P19.7 billion ($389.6 million) -- suspected to have been laundered by Chinese criminal syndicates -- into the Philippine financial system last year.