1 of 6 HBO Documentary Film’s Allen V. Farrow Netflix Original Series Love Alarm DOTA: Dragon’s Blood Giveon Regine Velazquez’s Freedom concert rescheduled THE POSTPONED Freedom: Regine Velasquez-Alcasid Digital Concert has been rescheduled to Feb. 28 (Sunday). “Regine tested negative for COVID-19 and will soon resume preparations for the show,” a press release said. All […]
It has been a year of COVID-19. Last year there was a lot of talk about the need for Philippine companies to adapt to the new normal by pursuing digital transformation strategies and pivot their business models. Organizations implemented work-from-home, and consumers drove the rise of e-commerce and the widespread use of digital wallets. There […]
I’m the human resource manager of a small business established 10 years ago. We don’t have a cash advance policy for employees. It is a long established rule, in place since we started the business. Because of that strict policy, our employees have resorted to borrowing money from each other, including their immediate supervisors and […]
STATE-OWNED Development Bank of the Philippines (DBP) granted a P1.097-billion loan to Cebu-based firm Abejo Waters Corp. (AWC) to fund its water system projects in Cebu and Quezon provinces, the bank’s top official said. DBP President and Chief Executive Officer Emmanuel G. Herbosa said the proceeds of the loan will be used by the 22-year-old […]
CEBU AIR, Inc., the listed operator of budget carrier Cebu Pacific, announced Wednesday the final terms of its stock rights offer to raise almost P12.5 billion, partly aimed at addressing the impact of the pandemic crisis on its operations. In a statement, the company said it intends to raise P12,499,999,984 from the issuance of peso-denominated […]
UNIONBANK of the Philippines Inc. is looking to expand its client base to include more micro-, small-, and medium-sized (MSMEs) enterprises as these firms move to digitize their operations amid the coronavirus pandemic. “It’s a large market and we think that this segment needs attention at this time,” UnionBank Executive Vice-President and Chief Mass Market […]
1 of 10 LAMB CALDERETA CHICK’N BITES Crimson Hotel offers take home CRIMSON Hotel’s Café Eight now offers its signature dishes for delivery. Best shared with family and friends, each dish is good for three to four persons and is served with rice. They are: Lamb caldereta (P899), lamb shoulder meat is prepared sous vide […]
Here’s a quick glance at how PSEi stocks fared on Wednesday, February 17, 2021.
PHILIPPINE SHARES fell on Wednesday as concerns over the Taal volcano recent activity and the peso’s weakness caused the market to become cautious. The Philippine Stock Exchange index (PSEi) dropped by 77.63 points or 1.1% to finish at 6,966.43 on Wednesday. The broader all shares index also declined by 35.31 points or 0.83% to close […]
THE PESO weakened further against the greenback on Wednesday on risk-off sentiment following the stock market’s decline and amid concerns over rising commodity prices. The local unit finished trading at P48.38 per dollar on Wednesday, losing 13 centavos from Tuesday’s close of P48.25, data from the Bankers Association of the Philippines showed. This was its […]
THE PHILIPPINE government has agreed not to press charges against coronavirus vaccine makers in case of injuries, according to the presidential palace. The government would assume responsibility for the emergency use of their vaccines under so-called indemnification agreements, vaccine czar Carlito G. Galvez, Jr. told a televised news briefing on Wednesday. Among those covered by […]
CONGRESSMEN are considering creating a P500-million fund that will cover damage claims in case people get sick from coronavirus vaccine shots. The fund will cover any adverse effects and ensure that the government’s vaccination program goes smoothly, Quirino Rep. Junie E. Cua said in his sponsorship speech on Wednesday. The clause was inserted in House […]
LOCAL STOCKS climbed on Tuesday as global equities rallied and following the National Economic and Development Authority (NEDA) chief’s suggestion to further ease quarantine restrictions to help boost consumption. The benchmark Philippine Stock Exchange (PSEi) rose by 84.85 points or 1.21% to end at 7,044.06 yesterday. The all shares index also went up by 41.18 […]
THE PESO returned to the P48-per-dollar level on Tuesday amid rising oil prices and bargain hunting by investors. The local unit closed at P48.25 versus the dollar on Tuesday, sinking by 32 centavos from its Monday finish of P47.93 against the greenback, data from the Bankers Association of the Philippines showed. The peso opened the […]
WASHINGTON — The World Trade Organization’s (WTO) incoming chief on Monday warned against “vaccine nationalism” that would slow progress in ending the COVID-19 pandemic and could erode economic growth for all countries — rich and poor. Ngozi Okonjo-Iweala told Reuters her top priority was to ensure the WTO does more to address the pandemic, saying […]
THE SUPREME Court has rejected for lack of merit the election protest of defeated vice presidential candidate Ferdinand “Bongbong” R. Marcos, Jr., according to its spokesman. The 15-member court, sitting as the Presidential Electoral Tribunal, dismissed the lawsuit unanimously, court spokesman Brian Keith F. Hosaka told an online news briefing on Tuesday. “Out of the […]
By Kyle Aristophere T. Atienza and Vann Marlo M. Villegas, Reporters THE PHILIPPINES will have enough coronavirus vaccines for its adult population this year, according to the presidential palace. The government will get 44 million doses of vaccines under a global initiative for equal access and 25 million doses from China’s Sinovac Biotech Ltd. that […]
THE COUNTRY’S ambassador to China on Tuesday belied claims that he failed to block Beijing’s new law allowing its coast guard to fire at enemies in the South China Sea. Philippine Ambassador to China Jose Santiago Sto. Romana told a televised news briefing his office had filed two reports — when the Chinese law was […]