Cebu Landmasters maintains P10-billion capex for 2020
CEBU Landmasters, Inc. (CLI) is leveling its budget for capital expenditures (capex) this year with last year’s P10 billion spending as it tempers aggressiveness for land acquisition.
ABS-CBN’s Lopez willing to give up US citizenship
ABS-CBN Corp.’s Chairman Emeritus Eugenio Gabriel L. Lopez III said during a joint hearing at the House of Representatives that he would give up his American citizenship if it “came down to conflict of interest” regarding his management of the network.
Stylish masks made with Mindanao weave
DAVAO CITY — With face mask now a must-have accessory, fashion designer Wilson Niñofranco Limon has taken the opportunity to help meet demand while continuing his advocacy of promoting local craftsmanship.
VLF 2020: A nostalgia trip
PLAYWRIGHT Jay Crisostomo’s entry to this year’s Virgin Labfest theater festival, Dapithapon, tackles the struggles of student life and adolescence.
Global remittances may still grow; limited virus toll on some nations
GLOBAL REMITTANCE inflows could still grow this year, although some countries and sectors may see some impact from the pandemic, UniTeller said.
London phone boxes serve up coffee after lockdown
LONDON — Two of London’s famous red telephone boxes have been reborn as a coffee stall, and the owners say the lack of inside space that was a drawback when they opened a week before lockdown could now be an asset in a socially distanced capital.
Yields on 7-day deposits slip on demand
YIELDS on the central bank’s term deposit facility (TDF) dipped on Wednesday as oil prices continued to correct amid renewed demand.
Better e-payment regulation may improve, cut cost of transactions
LOCAL regulations on electronic payments (e-payments), especially on blockchain technology, can be improved further to lower remittance costs and make transaction processes more efficient, according to a technology company looking to expand in the Philippines.
Insular Life to invest P500M in digitization
INSULAR Life Assurance Co. Ltd. (InLife) has set aside some P500 million for its digitization efforts as it adapts to the changing environment and consumer behavior.
Zoom doubles forecast of sales as users surge
ZOOM Video Communications Inc. nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.
Kaspersky says unwanted ads in apps may lead to data leakage
INTERNET security firm Kaspersky has warned app users that unwanted advertisements could result in data leakages.
Stocks rise further on hopes of economic rebound
THE benchmark Philippine Stock Exchange index (PSEi) maintained its surge on Wednesday as bullish investors pulled the market up on confidence over the country’s economic rebound.