Taiwan Excellence Showcases over 30 Award-Winning Products at Asia Tech x Singapore 2023 Debut

SINGAPORE, Jun 8, 2023 – (ACN Newswire via SEAPRWire.com) – Taiwanese innovations were in the limelight at Asia Tech x Singapore (ATxSG) 2023, with over 30 award-winning products from 14 leading Taiwanese technology companies on display at the Taiwan Excellence Pavilion. Making its debut, Taiwan Excellence showcased cutting edge AI, Smart City, Industrial Internet of […]

Coya Therapeutics Reports Additional Biomarker and Imaging Data Showing Decrease in Neuroinflammation with COYA 301 in Alzheimer’s Disease

Houston, TX, Jun 8, 2023 – (ACN Newswire via SEAPRWire.com) – Coya Therapeutics, Inc. (NASDAQ: COYA) (“Coya” or the “Company”), a clinical-stage biotechnology company developing multiple therapeutic programs intended to enhance Treg function, including biologics, today reported additional biomarker and brain imaging results from an open-label proof-of-concept clinical study for COYA 301 in patients with […]

PH cyberspace at risk with lack of security

BUSINESSES will incur losses of up to P6.5 billion every day if hackers succeed in carrying out a cyberattack on the country’s most essential digital infrastructures. This is based on the 2021 PSEI (Philippine Stock Exchange Inc.) financial report when it comes to attacking the main Critical Information Infrastructure (CII) in the Philippines. This is […]

After threatening to quit, BRT contractor summoned

CHINESE contractor Hunan Road and Bridge Construction Group Ltd. will have to face the Cebu City Council and explain why it threatened to quit working on the Cebu Bus Rapid Transit (BRT) Package One. Cebu City Councilor Rey Gealon proposed a resolution during the City Council’s regular session on Wednesday, June 7, 2023, in response […]

Amnesty for traffic violators ‘loss of income’ for Cebu City

GRANTING amnesty to Cebu City traffic violators may result in a loss of income for the city. This was the concern raised by members of the City Council with the proposed ordinance of Councilor Rey Gealon entitled “An Ordinance Granting Amnesty to Traffic Violators for their Accumulated Fines, Penalties, Interests, Surcharges, And Including Storage Fees.” […]

Persistent inflation, higher interest rates will weigh on global economy

FRANKFURT, Germany — The global economy must steer through a precarious recovery this year and next as inflation keeps dragging on household spending and higher interest rates weigh on growth, banks and markets. That was the takeaway Wednesday, June 7, 2023, from the latest economic outlook by the Paris-based Organization for Economic Cooperation and Development. […]

COURT: CPA owns Compania Maritima

THE Cebu Port Authority (CPA) can now proceed with its development plans in the Compania Maritima premises after the Regional Trial Court (RTC) Branch 10 in Cebu City affirmed its ownership of the area. Despite the latest court decision that affects the ongoing Carbon Market redevelopment project, however, Cebu2World Development Inc. (C2W), the subsidiary of […]

Badian losing P1.1M daily after Kawasan Falls closed

THE renowned Kawasan Falls in Badian town, southwestern Cebu has been losing around P1.1 million in income daily due to the temporary closure order issued by the Cebu Provincial Government. Earl Vincent Endab, tourism officer and information officer designate of Badian, said around P100,000 of the sum goes to the local government unit (LGU) daily, […]

Gilas releases 21-player pool for the 2023 Fiba World Cup

THE Samahang Basketbol ng Pilipinas has finally released the much-awaited list of the pool of players of the Gilas Pilipinas men’s basketball team that will compete in the 2023 Fiba World Cup this August in the Philippines. Three Cebuanos made it to the list: Roger Ray Pogoy, Carl Tamayo and six-time PBA MVP June Mar […]

DMCI targets 1.5M WMT of nickel ore shipment in 2023

DMCI Mining Corp. reported that it is targeting to ship 1.5 million wet metric tons (WMT) of nickel ore in 2023, after its subsidiary Zambales Diversified Metals Corp. (ZDMC) was granted an Environmental Compliance Certificate (ECC) in January to produce two million WMT of nickel ore. Prior to the ECC issuance, ZDMC had been only […]

Improved CCCI Marketplace app set for relaunch in July

THE Cebu Chamber of Commerce and Industry (CCCI) will launch in July the newly improved CCCI Marketplace after it sought the United States Agency for International Development’s (USAID) technology and e-commerce expertise. While it will be offered exclusively to CCCI members initially, the app is meant to connect and boost trade among CCCI members and […]

Shares up on dovish BSP bets as inflation slows

PHILIPPINE STOCKS rose on Wednesday as the market continued to digest data showing that inflation eased further in May, which could lead to an extended pause in the central bank’s tightening cycle. The Philippine Stock Exchange index (PSEi) climbed by 84.77 points or 1.3% to 6,564.70 on Wednesday, while the broader all shares index went […]

Peso rises further on easing oil prices

THE PESO extended its rise against the dollar on Wednesday on easing global crude prices and as the World Bank hiked its economic growth forecast for the Philippines. The local currency closed at P56.098 versus the dollar on Wednesday, rising by 12.20 centavos from Tuesday’s P56.22 finish, data from the Bankers Association of the Philippines’ […]

NAIA privatization ‘doable’ by early 2024

THE privatization of the Ninoy Aquino International Airport (NAIA) could kick off in the first quarter of 2024, the Department of Transportation (DoTr) said. “That is a very tough and tight schedule. We can say that is doable in the first quarter of next year. It is doable that there will be a conclusion that […]

PHL metal output up 22.83% by value in Q1

PHILIPPINE metal production by value rose 22.83% in the first quarter on stronger prices and higher output of gold, nickel ore, and chromite, according to the Mines and Geosciences Bureau (MGB). In a report, the MGB said the value of production was P58.92 billion, of which gold accounted for P27.74 billion or 47.08%. Nickel ore […]

Philippines receives second-most climate financing in ASEAN at $1.6B per year, behind only Indonesia

THE PHILIPPINES is the number two recipient of climate financing in Southeast Asia, after Indonesia, the Lowy Institute said in a report. “Climate development finance disbursements to the Philippines average $1.6 billion per year, making it the second-largest destination of such finance in the region, behind Indonesia,” it said. “The Philippines is highly vulnerable to […]

Marcos sees streamlining of gov’t processes improving climate for private-sector ‘partners’

PRESIDENT Ferdinand R. Marcos, Jr. said on Wednesday that the streamlining of government processes, including permit issuance and tax administration, will make the investment environment more attractive for private-sector partners. In a speech before a gathering of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), Mr. Marcos added that public-private partnerships will […]