E-COMMERCE solutions provider Anchanto is planning to expand its customer base in the Philippines this year as quarantine measures limit brick-and-mortar retail. “If I was targeting (business) to explode in 2021, I would say it would be at least 50% more growth,” Anchanto Chief Operating Officer Abhimanyu Kashikar said, referring to both customers and revenue. […]
Category: Hot News
Suspect arrested in thefts of Van Gogh and Frans Hals paintings
1 of 2 Van Gogh – The Parsonage Garden at Nuenen — EN.WIKIPEDIA.ORG Two Laughing Boys with a Mug of Beer painting by Frans Hals — EN.WIKIPEDIA.ORG THE HAGUE — Dutch police have arrested a suspect in two separate thefts of paintings by Dutch masters Vincent Van Gogh and Frans Hals from museums that were […]
Cantillan Bank eyeing to launch application in May
SURIGAO-BASED Cantillan Bank, Inc. is looking to launch its app for online transactions within the first half. The community-based lender is looking to have the soft launch the platform in May and to make it accessible to the public by June. “We have our bills payment, fund transfer, you can buy load, and secured 24/7 […]
Century Pacific backs waste-to-cash program for sari-sari stores
LISTED food products maker Century Pacific Food, Inc. said on Wednesday that it partnered up with nonprofit Plastic Credit Exchange (PCEx) in rolling out a plastic-waste-to-cash program for sari-sari stores owned by women. In a press release, Century Pacific said that the initiative called “Aling Tindera” allows the stores to become collection points for post-consumer […]
Dining In/Out (04/08/21)
1 of 5 K-Beef Burger McDonald’s joins the Korean Wave ALTHOUGH a trip to the home of K-Pop and K-Dramas might not be possible for now, fans of all things Korean can turn to McDonald’s Philippines with the launch of the New Taste of Korea product range starting April 5. The four new Korean-inspired products […]
Kyoto’s earliest cherry blooms in 1,200 years point to climate change, says scientist
TOKYO — The famous pink cherry blossoms of Kyoto reached full bloom this year on March 26, the earliest date in the 12 centuries since records began, according to a Japanese university. The earlier flowering indicates climate change, said Yasuyuki Aono, a professor of environmental science at Osaka Prefectural University, who has compiled a database […]
Pangilinan group to provide meals to gov’t hospitals in Metro Manila
METRO PACIFIC companies and foundations said they have expanded their daily distribution of meals for medical frontliners to government hospitals in Metro Manila. “What started out as a simple treat day for Metro Pacific Hospital frontliners, transformed into a daily commitment to provide them with the needed sustenance to continue their fight to save the […]
ABIC seals purchase of PNB’s nonlife arm
ALLIED BANKERS Insurance Corp. (ABIC) has completed its purchase of PNB General Insurers Co., Inc. (PBGen) as it settled the third and last tranche of its payment to the Philippine National Bank (PNB) ahead of the deadline, the listed lender said on Tuesday. PNB said in a regulatory filing that it received P366.15 million from […]
World Health Day 2021: By the numbers
THE IMPACT of the global pandemic, according to the World Health Organization (WHO), “has been harshest on those communities which were already vulnerable, who are more exposed to the disease, less likely to have access to quality healthcare services and more likely to experience adverse consequences as a result of measures implemented to contain the […]
Paul Simon joins trend to monetize old song catalogs
PAUL SIMON — MATTHEW STRAUBMULLER (IMATTY35) / EN.WIKIPEDIA.ORG LOS ANGELES — Paul Simon has sold his entire song catalog to Sony Music Publishing, joining a string of older musicians cashing in on their life’s work. Sony Music Publishing said last Wednesday that the deal includes classic songs ranging from “Bridge Over Troubled Water,” to “Still […]
SEC sets up digital company registration system eSPARC
THE Securities and Exchange Commission (SEC) is setting up a new company registration platform called the Electronic Simplified Processing of Application for Registration of Company or eSPARC, which is expected to go live by April 19. “Our goal is to provide users with a complete, end-to-end company registration system linked to a unified and centralized […]
Lockdown mental fatigue rapidly reversed by social contact, study finds
MANY OF US are looking forward to a summer of relative freedom, with road-mapped milestones that will grant us more opportunities to see our friends and family. But we’ll be carrying the effects of months of isolation into those meetings, including a sense that our social skills will need dusting off, and our wits will […]
Banks’ loans to MSMEs fail to hit quotas in Q4
BIG AND THRIFT banks were unable to disburse the minimum credit for small businesses required by law in the fourth quarter of 2020, data from the Bangko Sentral ng Pilipinas (BSP) showed. Loans disbursed by the banking industry to micro-, small-, and medium-sized enterprises (MSMEs) stood at just P480.501 billion versus their lending portfolio worth […]
Arts & Culture (04/07/21)
1 of 7 Yella Carlos from Academy One Music and Dance Center and Benilde Dance Character illustration workshop with Myle Villareal THE BGC (Bonifacio Global City) Arts Center will hold a character illustration workshop with artist Myle Villareal on April 10 (10 a.m. to noon) via Zoom. Ms. Villareal will share her techniques on how […]
SMC packaging unit partners with gov’t for milk feeding initiative
THE PACKAGING unit of San Miguel Corp. (SMC) has partnered with the Philippine Carabao Center (PCC) for a nationwide milk feeding program that will utilize its new packaging solution. SMC President and Chief Operating Officer Ramon S. Ang said in a statement that the company’s San Miguel Yamamura Packaging Corp. (SMYPC) will be a third-party […]
Peso retreats vs dollar on extended lockdown
INVESTORS prefer the dollar after the release of an upbeat US jobs report, says trader. — BW FILE PHOTO THE peso weakened against the greenback on Monday on cautious sentiment after the extension of the enhanced community quarantine in Metro Manila and nearby provinces. The local unit finished trading at P48.635 a dollar on Monday, […]
Shares rise on bargain hunting despite lockdown
PHILIPPINE shares closed in the green on Monday as investors went bargain hunting after posting days of losses, despite the extension of the enhanced community quarantine (ECQ) in Metro Manila and the provinces of Bulacan, Cavite, Laguna, and Rizal due to the surging number of coronavirus disease 2019 (COVID-19) infections. The benchmark Philippine Stock Exchange […]
New lockdown displaces nearly 8,000 workers, Labor dep’t says
NEARLY 8,000 workers were displaced during the first week of the reimposed lockdown in Metro Manila and adjacent provinces, the Labor department said. At a virtual briefing of the Department of Labor and Employment (DoLE) Monday, Assistant Secretary Dominique R. Tutay said the estimate was made in the first few days of the enhanced community […]
Rehab, expansion of General Santos airport seen completed by Q2
THE DEPARTMENT of Transportation said the P1.39-billion airport rehabilitation and expansion project in General Santos City is expected to be completed in the second quarter. The airport project, which is funded by the government from the General Appropriations Act, is due for completion in “Q2 2021,” the department said on its website. The project, which […]
Meat imports up 21% in first quarter after surge in pork shipments
MEAT IMPORTS in the first quarter rose 21% from a year earlier to 243,108.89 metric tons (MT), the Bureau of Animal Industry (BAI) said. In a report, BAI said meat imports rose due to increased volumes for pork, beef, buffalo meat, and turkey. Lower import volumes were recorded for chicken, duck, and lamb. Pork imports […]