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Fire hits Bulacao, Cebu City
A FIRE hit a residential area in Barangay Bulacao, Cebu City Thursday evening, February 4, 2021. Firefighters are still trying to put out the blaze that hit the area around 9 p.m. Watch this live report of Superbalita Cebu: (BBT)
Local shares rise on ratification of CREATE bill
BW FILE PHOTO SHARES closed higher on Thursday after the ratification of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill and ahead of the release of January inflation data. The 30-member Philippine Stock Exchange index (PSEi) improved 44.29 points or 0.64% to finish at 6,903.75, while the broader all shares index rose 22.07 […]
Bataan-Cavite bridge reviewed amid ‘implementability’ doubts
THE National Economic and Development Authority (NEDA) said it is reassessing the costing needed for the proposed Bataan-Cavite Interlink Bridge due to uncertainty over the project’s “implementability.” The economic planning agency “is continuing to study the implementability of the project particularly because… we have to revalidate the demand for possible traffic on that bridge given […]
Gov’t lists eligible uses of healthcare funds by LGUs
REUTERS THE National Government has outlined eligible health services and projects that can be financed by local government units (LGUs) from the Special Health Fund (SHF), a component of the Universal Health Care (UHC) program. The eligible spending items include measures taken by LGUs to deal with public health emergencies, with their usage subject to […]
Palace approves two more months of no disconnection for poor power consumers
PRESIDENT Rodrigo R. Duterte expressed his support for a plan floated by the Department of Energy (DoE) to extend the “no-disconnection policy” for poor electricity consumers by two more months, a Cabinet official said. Cabinet Secretary Karlo Alexei B. Nograles added in an online briefing Thursday that the President backs the extension of so-called “lifeline […]
OECD cuts PHL growth forecast to 5.9% on weak consumption
THE Organisation for Economic Co-operation and Development (OECD) expects the Philippines to post only a “partial recovery” in 2021, with growth of 5.9%, citing still-weak consumption. The OECD’s previous forecast for the year was 6.2%, issued in November. The new forecast was made in its “Economic Outlook for Southeast Asia, China and India 2021: Reallocating […]
NREB confirms higher quota for contracted RE power
THE National Renewable Energy Board (NREB) confirmed Thursday that it recommended an increase the minimum level of electricity contracted from renewable energy (RE) developers to 2.5% from the current 1%. “Yes. NREB has made that recommendation to the DoE (Department of Energy) as part of our proposed 2021-2040 NREP (National Renewable Energy Program),” NREB Chairperson […]
MRT-7 North Ave. to Sacred Heart, Caloocan seen running by Dec.
THE Transportation department said the Metro Rail Transit Line 7 (MRT-7), which is being built by San Miguel Corp. (SMC), is expected to be ready for partial operations between North Avenue Station in Quezon City and Sacred Heart Station in Caloocan City by December. “Partial operations by Dec. 2021: North Avenue Station to Sacred Heart […]
PCC clears semiconductor firms’ merger
THE Philippine Competition Commission (PCC) has approved the merger of two US semiconductor makers after Analog Devices, Inc. (ADI) acquired Maxim Integrated Products, Inc. (Maxim). The merger will be done through Magneto Corp. (Magneto), a wholly-owned subsidiary of ADI, and Maxim. Maxim will emerge from the merger as a wholly-owned subsidiary of ADI, the PCC […]
PHL 5G speed gains vs 4G among world’s largest
THE Philippines posted the second-largest gain globally in terms of 5G download speeds relative to 4G in the fourth quarter, according to UK mobile analytics company Opensignal Ltd. “Emerging markets see some of the biggest jumps in mobile experience with 5G. In Thailand, our mobile users see 5G download speed 13.4 times faster than the […]
IP regulator calls for stronger protections to drive innovation
THE Intellectual Property Office of the Philippines (IPOPHL) said legislators preparing the Intellectual Property Code must increase protections for IP in order to provide a favorable environment for innovation, including the development of startups. In a hearing at the House of Representatives Thursday, IPOPHL Director-General Rowel S. Barba asked legislators to “create an enabling environment […]
Mitsubishi Power to Restructure the Domestic Locations for Its Boiler Business
YOKOHAMA, Japan, Feb 4, 2021 – (JCN Newswire) – Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has decided to restructure the domestic locations for its boiler business. Since the predecessor of Mitsubishi Power, MHPS, was established in 2014, the boiler business has continued to operate two plants in Japan, Nagasaki Works and […]
Tiger Brokers To Be The One-Stop Online Trading Solution For Investors; Adds Two New Trading Services
SINGAPORE, Feb 4, 2021 – (ACN Newswire) – Xiaomi-backed online trading platform Tiger Brokers Singapore today announced the launch of two new services on their platform – Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) stocks, designed to help seasoned investors looking for a full suite of investment options to diversify their portfolios. […]
Fujitsu and Hokkaido University Develop “Explainable AI” Technology Providing Users with Concrete Steps to Achieve Desired Outcomes
KAWASAKI, Japan, Feb 4, 2021 – (JCN Newswire) – Fujitsu Laboratories Ltd. and Hokkaido University today announced the development of a new technology based on the principle of “explainable AI” that automatically presents users with steps needed to achieve a desired outcome based on AI results about data, for example, from medical checkups. “Explainable AI” […]
The Executive Talk: Do Day Dream PCL (SET:DDD)
BANGKOK, Feb 4, 2021 – (ACN Newswire) – Do Day Dream PCL (SET:DDD) Chief Financial Officer, Mr. Piyawat Ratchapolsitte discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: What is the current business model and outlook? Apart from the beauty products business that has been growing continuously, we have added […]
Olympus Supports Dissemination of Endoscopic Procedures for Colorectal Cancer in Russia
TOKYO, Feb 4, 2021 – (ACN Newswire) – Olympus Corporation (Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi) announced today that it has been selected(1) by Japan’s Ministry of Health, Labour and Welfare (MHLW) to implement the Japan-Russia Medical Cooperation Promotion Project in the field of endoscopy for the fiscal year ending March, 2021. […]
Global Digital Solutions, Inc. Awarded Specific Performance and $192M in Incidental Damages
West Palm Beach, FL, Feb 4, 2021 – (ACN Newswire) – via NewMediaWire – Global Digital Solutions, Inc. (GDSI) (OTC: GDSI), a company that is positioning itself as a leader in Automotive and Aviation Technology Solutions, has received the decision from the United States District Court for the Southern District of Florida regarding the case […]
Stalking your ex and 4 other things NOT to do on Valentine’s Day, TBH
THIS 2021 Day of Hearts, you deserve what’s best for you. And what’s best for you definitely does not include doing these five things. So, dear reader, this Valentine’s Day please DO NOT: 1. Stalk your ex. Because—why? Why would you ever do that to yourself? There’s a reason why your relationship ended, and that’s […]
‘Mitulo na, mitulo na’: 7 hugot Cebuano songs to listen to this love month
LIKE ma’s fever soup, music helps give comfort to those who are recovering from a sick feeling (broken hearts included). Cebuanos are known to have a special affinity for music, especially with love songs. If someone just broke your heart or just want rhythm and harmony to be your companions this love month, here are […]