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IF I had known then that my dinner at Shanghai Saloon was the last nice meal I’d have for the next three months, I wouldn’t have rushed through the affair. Right after I left the restaurant on its March 12 opening, the president went on air to announce the community quarantine — which is still ongoing after four months.
AYALA-LED AC Energy, Inc. (AC Energy) upsized its senior green bonds offering under its $1-billion medium-term note program by $60 million, expecting it to boost its clean energy investments amid a grueling business environment.
When producer Naia Cucukov was in the sixth grade, The Baby-Sitters Club book series about preteen girls and their adventures in entrepreneurship helped her survive an awkward stretch of adolescence. Now, decades later, Cucukov is helping The Baby-Sitters Club get through an uncomfortable time in the entertainment industry.
EARNINGS of newly listed Altus Property Ventures, Inc. (APVI) fell 21% in the first quarter due to mall closure during the Luzon lockdown.
“It took us 12 years to build Airbnb, and we lost almost everything in four to six weeks,” Brian Chesky, the CEO of Airbnb, said in an interview on CNBC, indicating that the company was preparing to go public this year, and now that is up in the air. He is just one of the countless entrepreneurs who now face an uncertain future due to the global pandemic that is wreaking disruption in all facets of life.
In church, a nine-year-old boy listening to the sermon about “religious traitors” asked his father: “Dad, what is a religious traitor?” His father replied: “A person who leaves our church to join another.” The boy added: “Then, what do you call a person who leaves another church to join ours?”
THE Department of Health (DoH) reported 294 new coronavirus infections on Thursday, bringing the total to 38,805.
MALACAÑANG will review the anti-terror bill that Congress had passed, a week before it lapses into law.
THE Philippine Chamber of Commerce and Industry (PCCI) called for the easing of travel restrictions in order to aid the recovery of airlines.
THE Department of Justice (DoJ) issued a circular approving the rules implementing the criminal provisions of Republic Act No. 10667 or the Philippine Competition Act (PCA).
COMMISSIONER Ramon Fernandez began work as officer-in-charge of the Philippine Sports Commission (PSC) this week, looking to accomplish as much as he can while temporarily at the helm.
WHILE SPORTS continue to take a hit amid the coronavirus disease 2019 (COVID-19) pandemic, the College of Saint Benilde (CSB) is choosing to go against the tide by keeping the scholar-athletes in its fold.
THE Philippines could lose up to $22.64 billion (P1.13 trillion) or seven percent of GDP if the tourism standstill caused by the pandemic extends to 12 months, the United Nations Conference on Trade and Development (UNCTAD) said in a report.
THE Philippine Stock Exchange, Inc. (PSE) booked a 71% drop in its first quarter bottomline to P50.62 million as investors opted out of the market due to the coronavirus disease 2019 (COVID-19) pandemic.
TWO listed companies led by businessman Edgar “Injap” J. Sia II posted mixed results in the first quarter, but both were insulated from the negative impact of the coronavirus disease 2019 (COVID-19) pandemic.
SEOUL — It is being hailed as a major win for democracy in South Korea. After 16 years in exile, a president this week triumphantly returned to claim his rightful place — on the front of a box of green onion-flavored cereal.
Staying at home for the past months has brought out the inner baker in many people. Even before the pandemic, baking served as a therapeutic way of managing fears and anxieties. And it isn’t just about enjoying something warm and delicious. Baking involves all the senses and requires one’s full attention, forcing the baker to focus on the recipe and mute their inner dialogues. It gives people a semblance of control.
TOKYO — The coronavirus has forced Japan’s notoriously fussy food shoppers to abandon doubts about online grocery stores, sending retailers such as Aeon Co. scrambling to meet a surge in delivery demand.
THE PHILIPPINES would file a diplomatic protest if investigations show that a Hong Kong vessel had deliberately sunk a Filipino fishing boat in its territorial waters, its top diplomat said on Wednesday.
THE Department of Labor and Employment (DoLE) has tallied about 200 permanent business closures during the public health emergency, which imposed lockdowns that did not allow them to operate or impaired the mobility of suppliers and potential customers.
PRODUCTION of three major fruit crops — banana, calamansi and mango — declined in the first quarter while output of pineapple, the fourth major crop, rose, according to the Philippine Statistics Authority (PSA).
Metro Manila, Cavite and a few other areas with significant contributions to the national economy will remain under General Community Quarantine (GCQ) until July 15. With that, the government, people, and business will just have to wait another two weeks to see if these places can transition to the more lenient Modified General Community Quarantine (MCGQ). It depends mainly on the trend of the number of COVID-19 cases reported daily.
This year marks several important global milestones in macro-economy and the energy sector. These include the coveted $100 billion/year of climate money starting 2020 as promised by the rich countries to poorer countries during the Paris Agreement in 2015, and steep decline in global GDP growth and energy demand because of the various lockdowns by many countries in response to the COVID-19 pandemic. The world hit an all-time high primary energy demand of 584 Exajoules (EJ, 1 EJ = 23.88 trillion tons oil equivalent, or 277.78 tera-watt hours, TWH) in 2019, up from 576 Exajoules in 2018.
HOLDER of the lightweight title in ONE Championship for over a year now, Singapore’s Christian “The Warrior” Lee said a lot is still in store for him as champion and that he is ready to take on all-comers, including former champ Eduard “Landslide” Folayang.
TOKYO — Japan is not in a situation now where it needs to declare another state of emergency over the coronavirus but could do so in a worst-case scenario, Chief Cabinet Secretary Yoshihide Suga said on Wednesday.
A PARTNERSHIP between the government and private sector identified 25 new cities for outsourcing development, as part of efforts to redirect opportunities towards the countryside.
RAINIER JAY S. UDARBE, 23, has been taking overseas calls from home as a call center agent for an outsourcing company in Makati since the main Philippine island of Luzon was locked down in mid-March to contain a coronavirus pandemic.
IT IS a human imperative to document their lives, thus people through the centuries have turned to journals and diaries, writing about the momentous and the quotidian. These records offer future readers a window to the past, a way to understand that era. Arguably the most famous is The Diary of Anne Frank, which has for generations given readers a glimpse of life under Nazi Germany through the eyes of an adoloscent girl.
FRANCIS BACON’S Triptych Inspired by the Oresteia of Aeschylus fetched $84.6 million at Sotheby’s on Monday, giving the high-end art market a boost after a months-long slump caused by the pandemic.
SECURITY BANK Corp. will close its offer of two-year bonds on July 3, Friday, more than a week ahead of schedule, after seeing strong reception for the issue.