THE PESO weakened against the dollar on Monday as rising oil prices fueled inflation fears. — BW FILE PHOTO THE PESO weakened on Monday due to investor preference for the safe-haven dollar on inflation concerns as oil prices climbed further. The local unit closed at P50.80 per dollar on Monday, depreciating by 22 centavos from […]
THE Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it urged companies to report extortion attempts and better protect themselves from them. Deputy Treasury Secretary Wally Adeyemo told reporters that the sanctions would be imposed on Suex, a cryptocurrency transferring service that’s registered in the […]
CEBU City Administrator Floro Casas Jr. is facing criminal and administrative complaints before the Office of the Ombudsman-Visayas for alleged irregular expenditures and transactions which he entered into on behalf of the City. The case involves the alleged overpriced rentals of vehicles for the City’s free ride service program for health frontliners during the suspension […]
THE private sector is split on “vaccine bubbles” as some business groups on Monday described as discriminatory the proposed measures to allow greater mobility for the vaccinated. In a statement, the Philippine Chamber of Commerce and Industry (PCCI), Employers Confederation of the Philippines (ECOP) and the Philippine Exporters Confederation, Inc. (Philexport) said the proposed measures […]
FEAR that they would turn into zombies after receiving a vaccine is preventing adults 60 years old and over from getting the shot in the southwestern town of Moalboal in Cebu. Only one in six senior citizens residing in Moalboal, or 500 out of 3,000, have been fully vaccinated against coronavirus disease 2019 (Covid-19), Mayor […]
TERM DEPOSIT yields inched up due to faster-than-expected August inflation. — PHILIPPINE STAR/ KRIZ JOHN ROSALES[/caption] THE PESO weakened further against the dollar on Wednesday after the government deferred its plan to ease quarantine measures in Metro Manila and implement granular lockdowns instead. The local currency closed at P50.11 per dollar on Wednesday, shedding 8.5 […]
THE Court of Appeals (CA) upheld the Securities and Exchange Commission’s (SEC) cease-and-desist order (CDO) against Planpromatrix Online Co. for its unlicensed investment solicitation activities. “In a 17-page decision dated July 19, the CA Special 10th Division affirmed the [CDO] issued by the SEC against Planpromatrix for perpetrating fraud and causing grave injury to the […]
Verify the information before sharing it. Pausing to check and confirm before sharing information is crucial, especially in a pandemic when correct information shared at the right time saves lives. While misinformation can be due to human error, intentionally spreading information or disinformation is immoral and illegal. A day before enhanced community quarantine (ECQ) was […]
Every fight now against Manny Pacquiao is a shot at his multiple records in boxing history. And Yordenis Ugas is the latest, lucky guy to have a crack at Pacquiao’s plethora of treasures. Ugas is defending today (August 22, PHL time) his ill-gotten World Boxing Association welterweight crown against Pacquiao at T-Mobile Arena in Las […]
As Metro Manila braces for another round of enhanced community quarantine (ECQ), human rights alliance Karapatan said that the threats on humanitarian efforts such as community pantries and food relief missions against unvaccinated individuals and those who leave their homes if they are not authorized persons outside of residence (Apor) throughout the duration of the […]
IT seems the arrival of the delta variant of coronavirus disease 2019 (Covid-19) on our shores has fast-tracked the government’s vaccination program. Health Secretary Francisco Duque III announced on Thursday, Aug. 5, 2021, that the number of individuals who have been fully vaccinated against Covid-19 had breached the 10-million mark the day before. It looks […]
CEBU Gov. Gwendolyn Garcia has decided to get the Covid-19 vaccine, but there is no date for her inoculation yet. The governor announced her decision during a press conference at the Capitol on Tuesday, Aug. 3, 2021. Garcia said she supports the idea to give incentives to people who are fully vaccinated against the respiratory […]
THE woman who went viral on social media for allegedly refusing to pay the balance of the bill for the food package she ordered is cooking legal action against the online seller for defaming her. Maria Amy Hofileña failed to slap Marjorie Abastas, the online food seller, with fish escabeche, but she is determined to […]
A TOTAL of 87 individuals operating illegal small town lottery (STL) outlets was arrested by the Mandaue City Police Office (MCPO) in its nearly four months of operations against illegal gambling. They were caught from March 24, 2021 to July 9, according to MCPO information officer Lt. Col. Mercy Villaro. The MCPO crackdown on illegal […]
LONDON — Global efforts to recover from the COVID-19 pandemic are under threat because women are being excluded from critical decision-making roles, the United Nations (UN) said on Thursday. Only 6% of coronavirus task forces, which are responsible for coordinating government responses to the deadly virus, have equal numbers of men and women, while 11% […]
THE COUNTRY’S anti-graft court has dismissed corruption charges against a senator whom the late President Benigno S.C. Aquino III had managed to send to prison for allegedly pocketing hundreds of millions of pesos in pork barrel funds. In a 196-page decision, the Sandiganbayan Special First Division junked 16 counts of graft against Senator Ramon “Bong” […]
THE Philippine College of Physicians (PCP) has expressed its support for the Adventist Hospital-Cebu after the National Bureau of Investigation (NBI) filed allegations of irregularities in Covid-19 claims against the hospital. In its support statement, the PCP said misconstruing doctors in committing fraud is disheartening and demoralizing, considering the emotional, physical and mental stress in […]
CALL this Round 2 of the Sen. Manny Pacquiao vs. President Duterte verbal joust. I call this the “truth hurts” match. After Pacquiao criticized the President’s China policy, the senator proceeded with this administration’s effort, or lack of it, to curb graft and corruption in the bureaucracy. The issue was once more like a left […]
THE National Bureau of Investigation (NBI) and the Integrated Bar of the Philippines (IBP) signed a memorandum of agreement on June 25 to strengthen coordination and communication to prevent further attacks against lawyers and members of the judiciary. In a news release on Tuesday, the NBI said under the agreement, it committed to “provide timely assistance to lawyers, prosecutors, and […]
As of Thursday, June 17, 2021, the World Health Organization recorded 176,693,988 confirmedCovid-19 virus cases with 3,830,304 deaths. In the data tallied by Johns Hopkins University, it was revealed that more people died of the virus in 2021 than in 2020. Of the total deaths, 1.88 million were counted as of Dec. 31, 2020 with […]