Phoenix reports P201-M net income

PHOENIX Petroleum Philippines, Inc. announced on Thursday a net income of P201 million in the second quarter, describing the gains as “its highest since the onset of the pandemic.” “We had a difficult start this year, but we’ve gained some traction, and are seeing favorable results from our strategies. Improved margins and our sustained prudence […]

400 homes gone in 3 days

AFTER three days of relentless clearing operations, the Cebu City Government has cleared about 400 of the 600 illegal structures encroaching on the Kinalumsan River.The structures were situated along a two-kilometer riverbank in Barangays Duljo-Fatima and Mambaling, Councilor Jerry Guardo told SunStar Cebu Thursday, Aug. 11, 2022.Guardo said the clearing team did not encounter any […]

Use of blockchain, crypto in PHL may grow further

THE adoption of blockchain technology and cryptocurrency is likely to continue growing in the Philippines as people explore more of its use in the financial infrastructure. Filipino-led blockchain startup Tetrix said in an interview with BusinessWorld that ownership of digital assets may increase as people become more educated about these technologies. “The crypto ecosystem has […]

Damaged road in Carcar lies on fault line

A PORTION of the road in Barangay Guadalupe, Carcar City in southern Cebu that sustained cracks due to several days of continuous rainfall last week lies along a fault line.Barangay Guadalupe Councilor Rey Anthony Lawas told SunStar Cebu Wednesday, Aug. 10, 2022 that they already requested the Department of Public Works and Highways (DPWH) to […]

Globe embarks on I.T. modernization, hurdles first milestone in platform-refresh for improved customer experience

GLOBE has embarked on a major I.T. modernization effort meant to reduce service outages; recently passing a significant milestone on billing system infrastructure refresh, and with succeeding phases of platform upgrades still to come.With a P4.1 billion total investment to date, this multi-year effort is meant to improve user access to various company products and […]

Converge, the ‘fiber’ fan favorite of Cebu-based mobile app and software developer

IN the I.T. world, there is no debate that’s more intense than the battle of the operating systems (OS)—Macintosh vs. Windows. Loyalists of the two brands boast about its respective strengths—Windows is said to be the best in gaming while Mac is a favorite of programmers and designers. In internet services, pure fiber broadband operator […]

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 […]

Frontnode Announces Future Support for Additional Cryptocurrencies (Bitcoin, Ethereum, Cardano, XRP, Dogecoin)

Tallinn, Estonia, August 09, 2022 – (SEAPRWire) – Frontnode, the Estonian-licensed crypto exchange focusing on bitcoin only, announced today the future listing of prominent crypto assets Ethereum, Litecoin, XRP and Dogecoin. In a statement, Sirje Soo, the company’s CEO says: “Up until now, our focus has been to provide the most accessible way for users to invest in […]

SKYX Achieves Historic U.S. Standardization Approval Vote – a Major Milestone Towards Mandatory Status for Safety of Consumers and Professionals

MIAMI, FL, Aug 9, 2022 – (ACN Newswire via – SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a “Sky Technologies”) (“SKYX,” “we” or “the Company”), a highly disruptive platform technology company, with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that its universal safe installation […]

Virios Therapeutics: The ‘Virus Hypothesis’ That Stands to Change the Lives of 10M Americans

NEW YORK, NY, Aug 9, 2022 – (ACN Newswire via – PCG Digital — Life may change for the better for the 10 million Americans suffering from fibromyalgia. The development-stage biotech Virios Therapeutics, Inc. (Nasdaq:VIRI) is anticipating the reporting of phase 2b treatment results for its lead fibromyalgia treatment candidate this September and continues […]

Eisai and Lifenet Enter Into Capital and Business Alliance Agreement Aimed at Building Ecosystem to Reduce Burden of Medical and Nursing Care

TOKYO, Aug 9, 2022 – (JCN Newswire via – Eisai Co., Ltd. and LIFENET INSURANCE COMPANY announced today that they have entered into a capital and business alliance agreement to collaborate in dementia and other areas, with the aim of helping reduce the burden of medical and nursing care for people living in Japan’s […]

Wenceslao: August 21 of every year

This should be an awkward month for Ferdinand Marcos Jr. On Aug. 21, 1983, former senator Benigno “Ninoy” Aquino Jr. was shot while being escorted by military men down to the tarmac of the airport that now bears his name. His lifeless body would later be seen sprawled on the tarmac near another bullet-peppered body, […]