Category: Hot News

MITSUBISHI MOTORS Philippines Corp. (MMPC) and MarCoPay, Inc., a Nippon Yusen Kabushiki Kaisha (NYK) group company that operates the MarCoPay financial platform for seafarers, recently entered into an agreement to promote new vehicle sales to Filipino seafarers on MarCoPay’s mobile app. The Philippines is one of the world’s leading providers of seafarers, with approximately 200,000 […]

BDO Unibank, Inc. inched down last week after the United States’ credit rating downgrade affected the local market, eclipsing the bank’s strong financial results. A total of 13.13 million BDO shares worth P1.90 billion were traded from July 28 to Aug. 4, data from the Philippine Stock Exchange (PSE) showed. The Sy-led bank’s share price […]

THIRTY FARMERS from Libungan, Cotabato Province have undergone training in virgin coconut oil (VCO) and coconut water production, provincial officials said. The training was conducted by the Office of the Provincial Agriculturist (OPAg). Provincial Advisory Council member Rosalie H. Cabaya said the training was designed to raise farmer incomes by preparing them to sell higher […]

FAST FASHION, the mass production of disposable clothing manufactured within a short period, cements the field as one of the most polluting industries in the world. Designer and entrepreneur Roxoanne Bagano-Dizon of wedding atelier Roxoanne Bagano Couture confirmed this phenomenon contributes a considerable amount to social and environmental damage. “It exploits human labor, degrades local […]

WASHINGTON — A US judge hearing the Justice Department’s antitrust lawsuit accusing Google of unlawfully maintaining monopolies in the internet search market let stand key claims made by the federal government. Google, a unit of Alphabet, had asked for summary judgment on all the government’s claims in the case. US Judge Amit Mehta, in a […]

THE GOVERNMENT is considering a possible further extension of the validity period of an executive order (EO), which had reduced the Most Favored Nation (MFN) tariff rates on pork, corn, rice and coal, Finance Secretary Benjamin E. Diokno said. “We will have a meeting in September to (see) if we have to extend,” Mr. Diokno […]

IN THE WEEKS leading up to June 16, 2023, when I attended the Pittsburgh leg of Taylor Swift’s Eras Tour, the online chatter about the 33-year-old singer had become draining. The internet was ablaze with rumors about Swift dating Matty Healy, the lead singer of the English pop-rock band The 1975. Some Swifties — the […]

ISUZU PHILIPPINES CORP. (IPC) recently released 16 units of the Traviz, which will be deployed as rescue vehicles in the Second District of Oriental Mindoro. In a formal ceremony, Isuzu Calapan leadership turned over the units to Second District of Oriental Mindoro Rep. Alfonso Umali, Jr., Board Member Jean Paulo Umali, Pinamalayan Mayor Aristeo Baldos, […]

THE Securities and Exchange Commission (SEC) has warned the public against two unregistered entities soliciting investments despite having no licenses to do so. In separate advisories, the regulator identified the two investment-taking entities as B2B Trading Center OPC and LeBronify/Authority Circle. “The Securities and Exchange Commission has noticed that B2B Trading Center OPC, an entity […]

MEXICO CITY — The US has denied a request by Mexico to jointly conduct scientific research on the health impact of genetically modified (GM) corn, a Mexican government official said, a sign the two sides could be inching closer to a formal trade dispute. Mexico has repeatedly called on the US to work together on […]

CONSUMERS in Metro Manila face higher transport costs this month after recent hikes in train fares and toll fees, coupled with a big-time increase in pump prices. While the increase in transport costs may put some upward pressure on August inflation, analysts said this might not be enough to cause another significant spike. “The increase […]

THE BUREAU of Internal Revenue (BIR) on Thursday filed 127 complaints of tax evasion amounting to P6.1 billion against companies and its officers before the Department of Justice (DoJ). “All of the cases we filed went through the (legal) process and we need to ensure that there is due process happening here,” BIR Commissioner Romeo […]

TOLL COLLECTION at the North Luzon Expressway (NLEX) – South Luzon Expressway (SLEX) Connector Road will start on Aug. 8, Metro Pacific Tollways Corp. (MPTC) said on Thursday. In a statement, MPTC said the Toll Regulatory Board (TRB) gave its unit NLEX Corp. the go signal to begin collecting toll at the first section of […]

COMPETITION WATCHDOG Philippine Competition Commission (PCC) is conducting a market inquiry on interbank electronic fund transfer services, as it reviews the proposed merger of BancNet, Inc. and Philippine Clearing House Corp. (PCHC).    “The review entails assessing the impact on competition of the merger, the merged entity’s ability and incentive to increase fees, lower the […]

PLDT Inc. saw a 22.4% increase in its attributable net income to P9.44 billion in the second quarter from P7.71 billion in the same period last year after booking higher revenues and lower operational expenses. “Despite all the adversities that we have faced in the past, as any business does, I think we are showing […]

AYALA-LED ACEN Corp. reported an attributable net income of P2.21 billion in the second quarter, up 24.2% from a year ago, boosted by its renewables expansion. “Our growth continues to be robust midway through 2023. We’ve made considerable progress with the continued ramp-up of our projects, helping provide much-needed supply to the Philippines and across […]

By Giselle P. Kasilag THERE are many reasons to watch Jonathan Larson’s tick, tick… Boom!, and just as many reasons to watch it multiple times. Set in 1990s New York, this semi-autobiographical musical tells the story of an aspiring composer, Jon, who is wondering if he should continue chasing after his dreams or cut his […]