ASIA United Bank Corp. (AUB) expects banks’ asset quality to improve this year amid a better economic environment, but fiscal and monetary risks will continue to cloud the outlook. “With the improved economic environment, we expect loan quality to be much better in 2022 for the banking industry in general,” AUB President Manuel A. Gomez […]
Purefoods rule Leg 6 of the PBA 3×3 Third Conference
PUREFOODS ended a dry spell in the PBA 3×3 as it topped Leg 6 of the Third Conference with a 20-16 finals victory over multi-leg winner TNT yesterday at the Robinsons Place Manila. Joseph Eriobu fired 11 points, including three two-pointers, to spark the Titans to cushions of 8-2 and 14-6 versus TNT en route […]
EU seeks to halve use of pesticides, restore nature with landmark laws
BRUSSELS — The European Commission proposed on Wednesday legally binding targets to halve the use of chemical pesticides and restore nature across the EU, in an attempt to better protect health and restore plunging wildlife populations. European Union (EU) Environment Policy Chief Virginijus Sinkevicius told Reuters the proposal on repairing habitats would require EU countries […]
Fashion as art, art in fashion
1 of 4 ART is woven into fashion at Voyageur, a fashion collection exhibited at Alabang’s Art Lounge Manila until June 28. Voyageur was made in a collaboration between label Septième Rebelle and Fundacion Sansó. The collection married the structure of Septième Rebelle with the textile designs of artist and Presidential Medal of Merit awardee […]
SEC joins global group ANNA to boost local market’s security
THE Securities and Exchange Commission (SEC) said it recently secured membership as a partner in the Association of National Numbering Agencies (ANNA), a global association that seeks to foster standardization within the financial industry. The agency’s membership in ANNA is expected to help make the Philippine capital market more accessible and transparent, the SEC said […]
NorthWind cleared to build power transmission facility
NORTHWIND Power Development Corp. has secured regulatory approval to build a point-to-point energy transmission facility that will connect its 51.9-megawatt (MW) Bangui Bay wind farm to the Luzon grid. In a decision promulgated last week, the Energy Regulatory Commission (ERC) said it had authorized the company to develop the limited transmission line that will connect […]
Success in weightlifting to continue beyond Tokyo — Puentevella
SAMAHANG Weightlfiting sa Pilipinas president Monico Puentevella said the country has a strong chance of replicating Hidilyn Diaz’s Tokyo Olympics gold medal feat not just in the 2024 Paris Games, but also in the 2028 Los Angeles edition. “We’ll get another medal in Paris, could be silver or gold. With enough international exposure and proper […]
Britain, Germany push G7 to suspend biofuel mandates
LONDON — Officials from some G7 countries, including Germany and the UK, will push for temporary waivers on biofuels mandates to combat soaring food prices when leaders from the group of wealthy nations meet this week, three people familiar with the matter told Reuters. The food crisis caused by the war in Ukraine has sparked […]
Manila lags in Digital Cities Index
The Philippines’ capital, Manila, placed last in the inaugural 2022 Digital Cities Index (DCI), developed by Economist Impact and supported by NEC. The index assessed the extent and impact of digitization in 30 cities while considering four thematic pillars: digital connectivity, services, culture, and sustainability. Manila scored 39.1 out of 100 in the index, below […]
Yields on government debt mixed after BSP decision
YIELDS on government securities (GS) ended mixed after moving sideways last week after the Bangko Sentral ng Pilipinas (BSP) raised borrowing costs by another quarter percentage point, as expected, to contain soaring inflation. GS yields, which move opposite to prices, at the secondary market edged up by 4.01 basis points (bps) on average week on […]
Nakamoto Games Entering New Growth Phase
Play-to-earn disruptor to finalize private sale token distribution ahead of schedule Mahe, Seychelles, June 25, 2022 – (SEAPRWire) -Nakamoto Games ($NAKA), the token powering the industry’s fastest-growing play-to-earn gaming ecosystem, is entering a new growth phase with exciting prospects. On Monday, June 27th, 2022, Nakamoto Games will release the last $NAKA token allocation batch to private sale investors. […]
Barili village chief loses cash, Dasig cards to gang members
THE village chief of Mayana, Barili town in southwest Cebu lost cash and important documents, including Dasig Sugbo cards for her constituents, after she was victimized by “Budol-Budol” gang members on Friday morning, June 24, 2022.Myrna Binondo, 48, told police that she was busy attending to her customers at her fruit store in the same […]
RDC 7: Penalize loan sharks accepting 4Ps cards
UNSCRUPULOUS loan sharks who reportedly accept Pantawid Pamilyang Pilipino Program (4Ps) cards as loan collaterals may soon face penalties if they continue with their practice.This after members of the Regional Development Council in Central Visayas (RDC 7) have issued a request to the National Advisory Council (NAC) to request the 4Ps Oversight Committee to review […]
50 street dwellers ‘rescued’ in Cebu City
AT LEAST 50 street dwellers were rounded up by local police and personnel from the Cebu City Government during a rescue operation they conducted on Wednesday night, June 22, 2022.The street dwellers that were rescued will be returned to their home provinces once the Cebu City Government is able to determine where they live, said […]
Tell it to SunStar: When arresting journalists becomes questionable
The Integrated Bar of the Philippines takes notice of the alarming arrest of journalists covering the protest actions of farmers and artists.In a recent press briefing, Philippine National Police Officer-in-Charge Lt. Gen. Danao Jr. accused the members of the press of agitating the activist groups during the protest, asking: “What is [their] purpose?” They were […]
Lim: Dance to the rhythm
I am perhaps the only person who likes to wake up early while on vacation yet likes to wake up late the rest of the year.I’m not a morning person. It takes a while for me to warm up. I don’t schedule morning appointments unless I have to. I don’t even want people talking to […]
Sneakers off, sandals on: Enjoying Anda
It’s graduation season, and there’s no better graduation gift than a trip to the picturesque white sand beaches of Anda, Bohol?It’s time to kick your sneakers off and put on your beach sandals because the municipality of Anda is as close to “untouched by civilization” as the wilderness is ever going to get, making it […]
Moises: Should I get back with my ex?
NADINE: Hi, Singlestalk. My ex wants to reconcile with me. This is already the third time. The first time he broke up with me was because he wanted to prioritize his studies. We were still in college at that time. He was vying for the highest Latin honors. We got back after graduation. But he […]
Castino faces Francisco for WBF AsPac belt in Bohol
JHUNRILLE Castino will trade leathers with Jeffrey Francisco for the vacant World Boxing Foundation (WBF) Asia Pacific super bantamweight strap June 26 in the main event of “Kumong Bol-anon 5” in Maribojoc, Bohol.Castino looks to continue his streak and guns for his first regional belt. The 23-year-old Castino won his last six contests since suffering […]
Barriga fails 2nd world title attempt
EX-OLYMPIAN Mark Anthony Barriga again failed in his bid to become a world champion after bowing down to defending World Boxing Organization (WBO) light flyweight king Jonathan Gonzalez via unanimous decision June 25 at the Osceola Heritage Park in Kissimmee, Florida.Judge Rose Lacend scored it close at 115-113 for Gonzalez, while both judges Efrain Lebron […]