House bill seeks to abolish Budget procurement arm

A BILL that seeks to abolish the Budget department’s Procurement Service, which the Senate is investigating for contracts that allegedly disadvantaged the government, has been filed at the House of Representatives. Cagayan de Oro City Rep. Rufus B. Rodriguez filed House Bill 10222, which will transfer the procurement of common-use supplies to agencies. The congressman […]

LANDBANK OKs P2.3B in loans for acquisition of 1,093 PUVs 

STATE-RUN Land Bank of the Philippines (LANDBANK) on Thursday said it approved P2.32 billion in loans as of August for the purchase of 1,093 modern public utility vehicles (PUV).  The bank said the financing is part of the SPEED PUV (Special Package for Environment-Friendly and Efficiently-Driven Public Utility Vehicles).  “Another P4 billion is being processed […]

No more transport service contracting fund in DoTr’s 2022 proposed budget 

THE DEPARTMENT of Transportation (DoTr) said a P10-billion fund supposedly allotted for the service contracting program that would help public transport drivers and operators was slashed from its proposed 2022 budget, officials said in a House budget hearing on Wednesday.   “We included service contracting in our submitted (budget) proposal to the Department of Budget and Management which was around P10 billion. Unfortunately, […]

Lalamove guarantees fastest deliveries for these five Cebuanos’ urgent delivery needs

WITH busy schedules and movement restrictions in place again, the importance of having a trusted delivery service that can get things done is more evident than ever. Lalamove remains to be the reliable partner for long-distance and last-minute deliveries, expanding its coverage to the cities of Danao in the north and Carcar in the south, […]

Introducing Bitdeer Group, the World’s Premier All-Inclusive Digital Asset Mining Service Provider

SINGAPORE, Sep 8, 2021 – (ACN Newswire via – Bitdeer Group was established by renowned crypto pioneer Jihan Wu, the co-founder of Bitmain and Matrixport, which provides mining-related services to individuals and enterprise clients worldwide. With its headquarters located in Singapore, Bitdeer Group has branches in North America, Europe, and other regions. Bitdeer Group […]

Public investment seen needed in areas with low digital penetration

THE PHILIPPINE Institute for Development Studies (PIDS) said the government needs to focus its investment on communities underserved by digital infrastructure to fill in for gaps in private-sector coverage. “Government investment in digital infrastructure must target network segments and areas where the market fails to deliver, as shown in NICTHS findings. The government may also […]

2nd drive-thru vax site eyed

AFTER launching the drive-thru Covid-19 vaccination at the New Oasis for Adaptation and a Home (Noah) Complex at the South Road Properties (SRP), the Cebu City Vaccine Advisory Board is preparing to establish another drive-thru vaccination service at SM City Cebu. At the launch of the drive-thru vaccination site Saturday, Sept. 4, 2021, the Board […]

Service companies likeliest to report COVID cases

COMPANIES in the service industry were the likeliest to report coronavirus disease 2019 (COVID-19) cases among their staff, according to the Department of Labor and Employment (DoLE).  Of the 48,413 establishments the Labor department inspected in the year to date, 4,700 companies reported having COVID-19 cases, mostly in the service sector, Labor Assistant Secretary Ma. […]

NEC Launches Simulated Annealing Service Utilizing Vector Supercomputers

TOKYO, Sep 1, 2021 – (JCN Newswire via – NEC Corporation (TSE: 6701) today announced the launch of the “NEC Vector Annealing Service,” a quantum-inspired simulated annealing service that uses a vector supercomputer, as well as the launch of educational services that enable participants to learn about quantum computers and how to use simulated […]

Mediwelcome Announces 2021 Interim Results

HONG KONG, Aug 31, 2021 – (ACN Newswire via – The largest provider in the Integrated Healthcare Marketing Solutions Market of cardio-cerebral-vascular diseases (CCVDs), Mediwelcome Healthcare Management & Technology Inc. (“Mediwelcome” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce the unaudited consolidated interim results for the six months ended […]

Filipino-developed delivery app toktok reaches more than 1M downloads in 8 months

Three months since its launch, toktok, the fastest rising homegrown and affordable delivery service app has reached a new milestone with more than 1 Million app downloads on Google Play Store and App Store. toktok has been servicing many Filipinos nationwide providing them safe delivery with affordable rates. It was due to the high demand […]

Yincheng Life Service Announced 2021 Interim Results

HONG KONG, Aug 20, 2021 – (ACN Newswire via – Yincheng Life Service CO., Ltd. (“Yincheng Life Service” or “the Company”, together with its subsidiaries, “the Group”) (Stock code: 1922) announced its interim results for the six months ended 30 June 2021 (the “Period”). From left to right: Executive Director, Deputy Director and CFO, […]

Tat Hong Equipment Service Co., Ltd. Announces First Annual Results after Listing

HONG KONG, Jun 28, 2021 – (ACN Newswire via – Tat Hong Equipment Service Co., Ltd. (“Tat Hong” or the “Company”, together with its subsidiaries, the “Group”) (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its annual results for the year ended 31 March 2021 (“FY2021” […]