Marie Kondo is the consultant and author who took the world by storm with her so-called KonMari Method of organizing, made popular through a Netflix series. Recently, Chevron employees leveraged her lessons on how to declutter “for better clarity, efficiency and productivity in both personal and professional lives.” The workshop and donations were part of […]
Category: Hot News
Rates of T-bills, bonds may rise as oil prices climb due to crisis
RATES of government securities may increase this week on rising oil prices amid concerns over global supply disruptions after Russia attacked Ukraine. The Bureau of the Treasury (BTr) will offer P15 billion in Treasury bills (T-bills) on Monday, or P5 billion each in 91-, 182- and 364-day securities. On Tuesday, it will auction off P35 […]
Groundbreaking 1977 miniseries Roots returns for its 45th anniversary
LeVar Burton in Roots (1977) THE GROUNDBREAKING television miniseries Roots, which tells the story of Kunta Kinte, kidnapped in Africa and sold into slavery in the United States, is celebrating its 45th anniversary with a re-release on home entertainment and HBO Max. Based on Alex Haley’s Pulitzer Prize winning novel, the series was a huge […]
DA batting for EO to make hog repopulation effort more permanent
THE Department of Agriculture (DA) is batting for an executive order (EO) to ensure continuity of its African Swine Fever (ASF) hog repopulation effort. “Bantay ASF sa Barangay” (barangay ASF watch), the department’s flagship hog repopulation program, is the main initiative the DA is seeking to make more permanent. Its partners in hog repopulation are […]
Toyota delivers 50 ambulances to PCSO
1 of 2 In photo are (from left) Lucban Mayor Celso Olivier Dator, Solano Mayor Eufemia Dacayo, Iriga City Mayor Madelaine Alfelor, and PCSO Vice-Chairperson and General Manager Royina Marzan Garma during the Deed of Donation signing between PCSO and representatives of beneficiaries. — PHOTO FROM TOYOTA MOTOR PHILIPPINES PHOTO FROM TOYOTA MOTOR PHILIPPINES FIFTY […]
Robinsons Land’s Giga Tower gets LEED Gold certification
ROBINSONS Land Corp. (RLC) said its Giga Tower received a Leadership in Energy and Environment Design (LEED) Gold certification, which is in line with the company’s goal to incorporate sustainability features in its existing and future office projects. “As the leading office building developer in the Pasig-Quezon City area, we are committed to building greener […]
Quasi-banks’ NPL ratio down as of December
BAD DEBT held by the quasi-banking industry dropped as of end-December, central bank data showed. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed the nonperforming loan (NPL) ratio of nonbanks with quasi-banking functions stood at 9.9% as of end-December, lower than the 10.3% seen as of end-September. However, it was still higher than […]
Disney launches new level of immersion in Star Wars experience
ORLANDO, Fla. — Walt Disney Co.’s newest theme park offering aims to make fans forget they are in Florida and instead feel like they are vacationing in luxury in a galaxy far, far away. The two-night Star Wars: Galactic Starcruiser experience, opening Tuesday at Walt Disney World in Orlando, puts guests into a story set […]
DOST-backed mall exhibit series highlights SM Prime’s sustainability, DRR journey
As part of its commitment to the community and the environment, SM Prime Holdings, Inc. (SM Prime) together with the Department of Science and Technology (DOST) recently launched a series of mall exhibits on sustainability and disaster resilience. The kick-off event was held last Feb. 24 at SM Mall of Asia. During the event, SM […]
As crude surges to over $100 a barrel, DBCC closely monitoring oil prices
By Luz Wendy T. Noble, Reporter and Jenina P. Ibañez, Senior Reporter GOVERNMENT ECONOMIC managers are keeping a close eye on oil price hikes as Brent crude surged over $100 for the first time since 2014 on Thursday after Russia’s attack on Ukraine, offering assistance to sectors affected most by the crisis. “The Development Budget […]
Urban poor facing more disaster risk
THE GROWING NUMBER of poor in the Philippines is facing more disaster and climate risks, emphasizing a need for targeted social interventions at the city level, a consultant’s report for the Asian Development Bank (ADB) said. Kristoffer B. Berse, public administration and governance professor at the University of the Philippines, said in a report on […]
PHL economy seen to grow by 6% this year but still vulnerable to pandemic disruptions
THE PHILIPPINE ECONOMY will likely grow at a faster pace than expected this year even as it remains vulnerable to pandemic-related disruptions, GlobalSource Partners, Inc. said. The New York-based market research firm said the country’s gross domestic product (GDP) will expand by 6% in 2022, higher than its previous 5.5% forecast. “Considering expanding vaccination coverage […]
BSP invests in Asian Green Bond Fund
The Philippine central bank again redirected capital for sustainability initiatives by investing in the Asian Green Bond Fund of the Bank for International Settlements (BIS). Launched this year, the new fund will support green projects in the Asia-Pacific region. “The participation in the fund is expected to provide the BSP with an additional source of […]
January net inflow of hot money lowest in 5 months
The Philippines posted the smallest net inflow of foreign portfolio investments in five months in January, as a surge in coronavirus disease 2019 (COVID-19) infections dampened sentiment. Data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday evening showed hot money registered a net inflow of $14.6 million in January, 85% lower than the […]
Ukraine’s president vows to stay put as Russian invaders approach
Russia launched its invasion by land, air, and sea on Thursday following a declaration of war by President Vladimir Putin. An estimated 100,000 people fled as explosions and gunfire rocked major cities. Dozens have been reported killed. US and Ukrainian officials say Russia aims to capture Kyiv and topple the government, which Putin regards as […]
The new US export rules designed to freeze Russian tech
The United States on Thursday restricted exports to Russia of a broad set of US-made products as well as foreign-produced goods built with US technology, following the invasion of Ukraine. Here is how the rules are expected to affect US tech companies, according to six experts on US trade law. What technology is newly restricted […]
China steps in to steer Hong Kong’s COVID crisis as risks loom
HONG KONG — As coronavirus disease 2019 (COVID-19) rages across Hong Kong at the start of a sensitive political year for China and President Xi Jinping, Beijing is determined not to be embarrassed and undermined as it was by the often-violent protests that rocked the city in 2019. In the past week, since Mr. Xi […]
Why Russia and Ukraine are fighting for Chernobyl disaster site
WASHINGTON — Russian and Ukrainian forces fought on Thursday for control of Chernobyl, the still radioactive site of the world’s worst nuclear accident and a factor in the collapse of the Soviet Union. “Our defenders are giving their lives so that the tragedy of 1986 will not be repeated,” Ukrainian President Volodymyr Zelenskiy tweeted before […]
Global finance grapples with Ukraine crisis as shares slump
FRANKFURT/LONDON/NEW YORK — Financial firms from Frankfurt to Wall Street suffered heavy share price falls on Thursday as they grappled with the impact of Russia’s invasion of Ukraine, digested newly imposed sanctions and rushed to advise clients on how to respond. While many bankers have played down the importance of Russia to their operations, it […]
Century Properties lists P3-B five-year bonds
CENTURY Properties Group, Inc. (CPG) on Thursday listed the first P3-billion tranche of its P6-billion shelf-registered debt securities. “As we value the trust given by our investors, we commit and we will be guided by our prudent financial management to help bring to fruition our expansion plans and make quality homes accessible to more Filipinos […]