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AYALA-LED Integrated Micro-Electronics, Inc. (IMI) swung to a net loss in the second quarter as the coronavirus disease 2019 (COVID-19) pandemic, together with the lockdowns that followed it, weighed on its global operations.
EARNINGS of Gokongwei-led Robinsons Retail Holdings, Inc. (RRHI) fell 33% to P719 million in the second quarter due to the closure of some of its stores during the strict lockdown.
MILAN — Fewer A-list stars will stumble out of parties along the lagoon to be snapped by paparazzi in boats. But organizers of this year’s Venice film festival are promising plenty of movies — on actual screens in front of actual audiences — for the first time since the worldwide pandemic shut showbiz.
A man once said: “I’ve got so many troubles that if anything bad happens today it will be two weeks before I can worry about it.” That is to say he’s got a full schedule in terms of managing his many problems and new problems will need to wait.
THE GOVERNMENT is targeting to do two million coronavirus tests by August after exceeding its daily testing capacity goal for July to 33,000 tests daily.
LAWMAKERS on Thursday flagged the Land Transportation Office (LTO) for failing to enforce a law that limits the speed of public utility vehicles due to supposed technical difficulties.
THE Philippine credit profile will remain intact despite the pandemic, provided that Congress manages to avoid political distractions and passes reforms urgently needed for recovery, according to Moody’s Investors Service.
Or rather, moving goalposts. Normally those resorting to it do so because their cause is weak. Or with regard to important issues, a losing argument. Thus, environmental activists went from preventing pollution to preventing depleting resources to preventing global warming to preventing climate change. Or abortionists, contraceptives, euthanasia activists going from eugenics to population control to “compassion” to being a “choice.”
AWARE that it is taking over from a team that was highly successful both here and abroad, new Philippines Football League squad United City Football Club (UCFC) said work is cut out for it but expressed determination to make its own mark in the sport.
EXCITING esports action is set to take place this weekend as the Philippine Pro Gaming League (PPGL) holds its grand finals.
AROUND SIX in 10 people living in some of India’s biggest slums have antibodies for the novel coronavirus indicating they’ve recovered from infection, in what appears to be one of the highest population immunity levels known worldwide.
RFM CORP. is cutting its capital expenditures (capex) this year to less than P100 million as it preserves liquidity to cope with the coronavirus disease 2019 (COVID-19) pandemic.
THE METROPOLITAN Waterworks and Sewerage System (MWSS) Regulatory Office has served a show-cause order to Manila Water Co., Inc. and Maynilad Water Services, Inc. in response to over 400 billing complaints filed by the customers of the two water providers.
THE CORONAVIRUS pandemic may be a drag on economies across the globe, but in Japan it’s bringing long-overdue change in work habits and tools.
RESTAURANTS across the country are starting to reopen, but there’s one popular dining category that remains out of commission: outdoor food markets. Places like Smorgasburg in Brooklyn’s Williamsburg neighborhood — where crowds line up for pizza cupcakes and ramen burgers — create an environment that’s impossible to manage under COVID-19 restrictions. While Smorgasburg is morphing into Smorg to Go for takeout only, another wildly popular destination in New York, the Queens Night Market, remains closed.
THE Department of Justice (DoJ) has received from prison officials the death certificates of 21 inmates who died of the coronavirus, nine of whom were convicted drug traffickers, according to the agency.
THE GOVERNMENT has met with airlines and is “studying various alternatives” for reviving the industry, Finance Secretary Carlos G. Dominguez III said.
It is never easy to adapt to change. We are creatures of habit, and tend to get comfortable with “what is” over time. We rarely welcome disruptions. Occasional change can offer us some relief, but nothing more than to break monotony or to keep us relatively dynamic, or to fend off stagnation. However, little change over a long time can also mean little growth.
TASKED to help steer the Blackwater Elite to respectability in the Philippine Basketball Association, new coach Nash Racela said he is confident of his wards making things happen but admittedly in a gradual manner.
SET TO SEE action when ONE Championship makes its comeback tomorrow from a months-long, coronavirus-forced break, Filipino-Kiwi fighter Mark “Tyson” Fairtex Abelardo is angling to make it a winning return for him after losing in his previous fight.
INVESTOR sentiment against Globe Telecom, Inc. and PLDT, Inc. is turning negative after President Rodrigo R. Duterte threatened to shut down the telecommunications giants if they fail to improve services by December, analysts said.
LONDON — Works by Rembrandt, Miro and Picasso are being offered to entice life back to the auction world this week when Sotheby’s holds its first face-to-face sale since the coronavirus in London with a line-up from the Renaissance to the European Avant Garde.
WHEN THE coronavirus forced millions of people around the world into lockdown, many sought ways to connect with others and learn new skills online.
PRESIDENT Rodrigo R. Duterte reappointed V. Bruce J. Tolentino and named Anita Linda R. Aquino as members of the central bank’s Monetary Board (MB).
THE House of Representatives on Tuesday said it would consider President Rodrigo R. Duterte’s renewed call to revive the death penalty for heinous crimes, including drug trafficking.
Medical diagnostic kits, legal services, computer software, stem cells, firearms, various clothing items, and beer — these are just some of the goods and services which are the subject of COVID-19-related trademark applications in different jurisdictions all over the world.