How minimum wages compared across regions in November

This infographic compares the current minimum wages set by the country’s Regional Tripartite Wages and Productivity Board and the inflation-adjusted minimum wages as of November, based on latest data by the Philippine Statistics Authority. While the current minimum wages are determined at the regional level to account for factors such as companies’ capacity to pay […]

AstraZeneca nixes variant-specific COVID vaccines, eyes annual shots 

There is little value in developing vaccines that target specific coronavirus variants, according to Bruce Mungall, Asia area medical director of vaccines and infectious diseases at AstraZeneca, a multinational pharmaceutical company.   “In terms of whether there’s value in chasing a new updated vaccine for a specific variant, I think there’s very limited incremental value in […]

ESPRIT FY2021 Net Profit After Tax Records Turnaround to HK$381 Million, Revenue Increases to HK$8,316 Million

HONG KONG, Mar 30, 2022 – (ACN Newswire via – ESPRIT HOLDINGS LIMITED (the “Company”, together with its subsidiaries, “ESPRIT” or the “Group”; HKEx: 00330) has announced its audited financial annual results for the year ended 31 December 2021 (the “Current Year”), highlighted by a significant increase in both revenue and profit attributable to […]

Digital vaxx certificates to be launched

TO STOP the proliferation of fake vaccination cards and to adhere to the international vaccination certificate standards set by the World Health Organization (WHO), the Department of Information and Communications Technology’s (DICT) is set to launch its “VaxCertPH” nationwide. VaxCertPH is the portal and mobile app for issuing vaccination certificates to fully vaccinated citizens in […]

ERC asked to roll back Napocor missionary charges

CONSUMER-INTEREST group Laban Konsyumer, Inc. (LKI) said Wednesday that the Energy Regulatory Commission (ERC) needs to dismiss the National Power Corp.’s (Napocor) applications to raise the universal charge for missionary electrification (UCME), and roll back current charges as well. The UCME is collected from all on-grid electricity end-users, as authorized by the Electric Power Industry […]