Use of blockchain, crypto in PHL may grow further

THE adoption of blockchain technology and cryptocurrency is likely to continue growing in the Philippines as people explore more of its use in the financial infrastructure. Filipino-led blockchain startup Tetrix said in an interview with BusinessWorld that ownership of digital assets may increase as people become more educated about these technologies. “The crypto ecosystem has […]

Three local companies enter Forbes’ under a billion list

Three Philippine companies — COL Financial Group, Inc., Crown Asia Chemicals Corp. and Eagle Cement Corp. — are among Forbes Asia’s roster of top-performing publicly traded small and midsized firms in the Asia-Pacific region this year. The annual “Forbes Asia’s Best Under A Billion,” identifies the top 200 companies out of 20,000 publicly listed firms in the […]

How minimum wages compared across regions in July

This infographic compares the current daily minimum wages set by the country’s Regional Tripartite Wages and Productivity Board and the inflation-adjusted minimum wages as of July based on latest preliminary data by the Philippine Statistics Authority (PSA). While the current minimum wages are determined at the regional level to account for factors such as companies’ […]

Dining In/Out (08/11/22)

1 of 7 Lula Café’s Bacon and Eggs Lula Café’s French Toast Brioche PAL Chicken Inasal Meal Wednesday is Taste Teasers Day WEDNESDAY is Taste Teaser Day at Sheraton Manila Bay’s Unspoken bar as the hotel’s bartenders and mixologist create cocktails and unique beverage concoctions for guests and diners to taste test for free. Held […]

AstraZeneca nixes variant-specific COVID vaccines, eyes annual shots 

There is little value in developing vaccines that target specific coronavirus variants, according to Bruce Mungall, Asia area medical director of vaccines and infectious diseases at AstraZeneca, a multinational pharmaceutical company.   “In terms of whether there’s value in chasing a new updated vaccine for a specific variant, I think there’s very limited incremental value in […]

Cinemalaya competition films on view at SM and Ayala Malls cinemas

THE CULTURAL Center of the Philippines (CCP) and Cinemalaya Foundation have partnered with Ayala Malls Cinemas and SM Cinema to present special screenings of the Cinemalaya 18 competition films from Aug. 10 to 16. The participating Ayala Malls Cinemas are those in Glorietta, TriNoma, Manila Bay, Capitol Central Bacolod, and CDO Centrio. The theater chain […]

Treasury fully awards reissued bonds

THE GOVERNMENT fully awarded the reissued 10-year Treasury bonds (T-bonds) it auctioned off on Tuesday at a lower average rate amid robust demand, which led it to open its tap facility. The Bureau of the Treasury (BTr) raised P35 billion as planned from its offer of reissued 10-year securities that have a remaining life of […]

More than half of human infectious diseases can be worsened by climate change

By Tristan McKenzie, Camilo Mora, and Hannah von Hammerstein  Climate change can exacerbate a full 58% of the infectious diseases that humans come in contact with worldwide, from common waterborne viruses to deadly diseases like plague, our new research shows.  Our team of environment and health scientists reviewed decades of scientific papers on all known […]

CLI to increase bond issuance to P8B

PROPERTY developer Cebu Landmasters, Inc. is increasing the size of its bond issuance to a full-on base of P8 billion — from a P5-billion base with a P3-billion oversubscription option — after strong participation interest from institutions. The issuance would still be the initial tranche of its shelf-registered P15-billion debt securities program that will be […]

Gateway Mall 2 to open by yearend

THE Araneta Group is planning to launch the Gateway Mall expansion in December, and the ibis Styles Hotel by early 2023. In a statement, the Araneta Group said the P5-billion Gateway Mall 2 will have 190,000 square meters (sq.m.) over eleven levels offering new choices for shopping, dining, entertainment, and leisure. “Gateway Mall 2 promises […]