Social-savvy nation battles coronavirus fake news
A FACEBOOK POST in the Philippines shared more than 2,000 times claimed a coronavirus strain that has killed hundreds in China and sickened thousands more is “a type of rabies.”
Factory output continues slump, down for 13th straight month in Dec.
INDUSTRIAL PRODUCTION extended its declining streak to the 13th straight month in December, the Philippine Statistics Authority (PSA) reported on Wednesday, with economists attributing the continued slump to tepid global demand.
Phinma targets more schools as it maps global expansion
THE education unit of Phinma Corp. is expanding its global footprint with a plan to acquire more schools in the country and enter new territories abroad.
ERC braces for tight power supply during summer months
THE Energy Regulatory Commission (ERC) has reminded power generation companies, including those that are required to invite competitive bidders for their output, to continue operating in the face of an expected tight supply around April and May.
Like a diamond, the Macallan Edition No. 5 is judged by its color.
THE Edition series was launched by single-malt distiller Macallan in 2015 with the Macallan Edition No. 1, which celebrates its relationship with oak. Every year since, they’ve released a Limited Edition to celebrate qualities present in their whisky. No. 2 celebrates taste (with a collaboration with the Spanish culinary geniuses the Roca brothers), No. 3 presents their expertise in aroma (collaborating with master perfumer Roja Dove, who served as the first Guerlain Global Ambassador outside the Guerlain family), and finally, No. 4 serves to highlight their devotion to craftsmanship.
Iloilo City’s Dinagyang Festival goes 360°
ILOILO CITY — The street dance competition, a staple in Philippine festivals, was elevated in this year’s Dinagyang Festival with the introduction of performances intended for a 360-degree audience.
Manila Water contract revision to continue despite Razon’s entry, says Justice secretary
JUSTICE Secretary Menardo I. Guevarra said Philippine billionaire Enrique K. Razon, Jr.’s buying of shares in the Ayala Corp. unit Manila Water Co., Inc. will have no effect in the revision of the water concessionaire’s allegedly onerous contract.
Sebastian’s flavors of love
IF YOU’RE going to be stuffing your single face with ice cream on Valentine’s Day, we beg you do it with a little bit of style and dignity, and we suggest you do it with Sebastian’s Ice Cream.
Demand for term deposits declines amid concerns
BIDS FOR THE central bank’s term deposits declined as investors were looking ahead to a possible rate cut at this week’s policy meeting and amid concerns related to the coronavirus outbreak.
Security Bank raises P2 billion via LTNCDs
SECURITY BANK Corp. has raised P2.07 billion via long-term negotiable certificate of deposits (LTNCDs), which will be used to diversify its funding sources and finance expansion plans.
Grab in-car recording suspended on privacy concerns
GRAB Philippines has suspended its pilot selfie verification and in-vehicle video and photo recording processes after the National Privacy Commission (NPC) raised objections over passenger privacy protections.
Gov’t fund-raising generates nearly P1-T in 2019
THE government raised a total of P995 billion in 2019 from both domestic and external sources, the Department of Finance (DoF) said.




