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 […]
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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 […]
Pertamina’s rank in Fortune’s Global 500 jumps 64 spots
JAKARTA, Aug 11, 2022 – (ACN Newswire via SEAPRWire.com) – Indonesian state-owned oil and gas company PT Pertamina has succeeded in re-establishing itself and made it to the 2022 Fortune Global 500 list, thereby being the only Indonesian company to be included on the list. The building of PT Pertamina. (ANTARA/HO-PT Pertamina) Pertamina is ranked […]
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 […]
Baristas beware: this machine makes consistent espresso every time
WHEN we trooped off to the SMX Convention Center last week, we thought the Nespresso Iced Coffees Masterclass would take hours. But thanks to the new Nespresso machines, the whole thing wrapped up in 15 minutes. Nespresso Philippines in-house Coffee Ambassador JR Abril said that he would be teaching us how to make Iced Hazelnut […]
Tell it to SunStar: Groups urge Marcos Jr. to stop the Golden Rice project
The Amihan National Federation of Peasant Women and rice watch group Bantay Bigas have urged President Ferdinand Marcos Jr. to revoke the permit for the commercial propagation of Golden Rice. The groups said that as president and agriculture secretary, Marcos Jr. should address the root causes of malnutrition in the country and push for policy […]
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 […]
Biz sector urges Cebu City LGU: Impose staggered tax hikes
THE Cebu Chamber of Commerce and Industry (CCCI) supports the Cebu City Government’s plan to raise taxes to fund its projects but wishes for a staggered schedule of increases to keep businesses afloat.In a statement sent to SunStar Cebu Wednesday, August 10, 2022, CCCI president Charles Kenneth Co said they understand the need for the […]
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 […]
SPNEC board clears name change
SOLAR Philippines Nueva Ecija Corp. (SPNEC) announced on Tuesday that its board of directors approved to change its corporate name to SP New Energy Corp. subject to stockholder and regulatory approval. “SPNEC signaled that it would be reintroducing its business to the market over the coming weeks, including sharing new details on its portfolio, as […]
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 SEAPRWire.com) – 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 SEAPRWire.com) – 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 SEAPRWire.com) – 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 […]
Suspects in fatal stabbing of grade 10 scholar to be charged on Aug. 10
THE filing of the robbery with homicide charge against five suspects in the fatal stabbing of Grade 10 scholar Jerome Estan did not push through on Tuesday, August 9, 2022, because the medical certificate and the autopsy result did not arrive on time.Senior Master Sergeant Geofrey Gutual told Superbalita Cebu they will file the case […]
Bangko Sentral warns public against text phishing scam
THE Bangko Sentral ng Pilipinas (BSP) has reminded the public to be vigilant against fraud perpetrated through unsolicited emails or text messages with links that redirect the mobile user to highly suspicious websites.These include SMiShing, a form of phishing scam where a fraudster sends a text message to trick a user into clicking on a […]
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, […]
What the Lexus Driving Signature means
“DEVELOPING a car that delivers a driving experience like no other takes years of research and development; a large team of engineers and master test drivers; as well as cutting-edge test tracks that simulate every type of road condition in the world,” said Lexus Philippines in a recent release, and added that continued testing, refinement, […]