DUE to the significant growth in traffic, airport operator GMR-Megawide Cebu Airport Corp. (GMCAC) announced on Thursday, May 19, 2022, that domestic flights of Cebu Pacific Air and Cebgo will be transferred back to the Terminal 1 (T1) of the Mactan-Cebu International Airport (MCIA) in Lapu-Lapu City effective June 16.In a statement, the GMCAC said […]
Tag: will
BSP hikes interest rate to 2.25%
THE Monetary Board (MB) decided to raise the interest rate on the Bangko Sentral ng Pilipinas’ (BSP) overnight reverse repurchase facility by 25 basis points (bps) from two percent to 2.25 percent, effective Friday, May 20, 2022.Accordingly, the interest rates on the overnight deposit and lending facilities were raised to 1.75 percent and 2.75 percent, […]
Winerz Announces Platform Launch
Tallinn, Estonia, May 18, 2022 – (NovationWire) – Winerz, a play-to-earn [P2E] gaming platform that enables competitive 1v1 head-to-head games powered by a token economy, has announced the launch of its platform. Released in early 2021, Winerz currently supports FIFA. And it is working to incorporate the novel blockchain ecosystem as it seeks to strengthen its international […]
Stranger Things split into 2 volumes, Volume 1 out on May 27
Are you ready to travel back into the world of the Upside Down? Brace yourselves because “Stranger Things” Season 4 is almost here. The series is divided into two volumes—Volume 1 is set to premiere on May 27, 2022 while Volume 2 will premiere on July 1 on Netflix.After three long seasons of out-of-this-world adventures, […]
Converge gets tax incentives
FIBER broadband provider Converge ICT Solutions Inc. told the local bourse Wednesday, May 18, 2022, that it has secured the approval of the Fiscal Incentives Review Board (FIRB) to avail of tax incentives for its multi-phased establishment of connectivity facilities for high-speed broadband services targeting undeveloped and underdeveloped areas nationwide until 2026.The project will see […]
NovationWire: Predictions on XR, VR, AR Applications 2022
Hong Kong, May 17, 2022 – (NovationWire) – Tailor Insight, the Asia based market research institute, has released a report on ‘Predictions on XR, VR, AR Applications 2022’. In 2022, people expect the reskilling process via VR training to become more widespread as content becomes more scalable and accessible for businesses. As such, VR will be increasingly used for high […]
Gilas PHL opens title-retention campaign vs Thailand
HANOI — Gilas Pilipinas opens its gold medal bid in the 31st Southeast Asian Games as it goes up against Thailand at the Thanh Tri Gymnasium. The Nationals battle the Thais at 3 p.m. (4 p.m. Manila time) to open their bid for a 19th SEA Games gold medal in men’s basketball. Head coach Chot […]
LNG regas facility set for Aug. commissioning — DoE
TWO out of the six entities that plan to build a terminal for imported liquefied natural gas (LNG) are “aggressive” in developing their facilities aimed at supporting the country’s transition to cleaner fuel while ensuring energy security. “Linseed [Field Power Corp.] moved its schedule a bit, but this has to be confirmed in the monthly […]
PPP seen needed to help fund P500B in irrigation system upgrades, repairs
PRIVATE SECTOR participation is crucial if P500 billion worth of upgrades to the irrigation system are to be funded, according to Agriculture Secretary William D. Dar. In a statement, Mr. Dar said his estimate of the funding requirements will cover 10 years of repairs and new construction to serve 1.1 million hectares of farmland. “About […]
Frasco: Sara will bring solution-oriented leadership to DepEd
OUTGOING Davao City Mayor and presumptive vice president Sara Duterte-Carpio is “more than qualified” to assume the post of Department of Education (DepEd) secretary.This was what Liloan, Cebu Mayor Christina Garcia-Frasco said in response to the comment of Sen. Risa Hontiveros that DepEd should be led by an “education expert.”“Vice President-elect Sara Duterte possesses vast […]
Comelec Cebu City set to distribute honorariums of poll workers
THE Commission on Elections (Comelec) in Cebu City is set to release honorariums to all teachers from public and private schools who served as poll workers during the May 9, 2022 national and local elections.Marilou Paredes, acting election officer of Cebu City South District, told reporters on Friday, May 13, that the Comelec will begin […]
Mandaue set to build P20B Waterfront city
THE soon-to-rise Global City Mandaue will be Mandaue City’s “economy booster” that will attract both local and international investors.It will be the first-ever waterfront city in Cebu that will increase opportunities for labor and tourism, particularly in Mandaue City.This is what Mayor Jonas Cortes said during Global City’s groundbreaking ceremony held at the Radisson Blu […]
First ever Palarong Pambahay takes centerstage this summer
THOUSANDS of young Filipino athletes across the Philippines will put their athletic skills to the test on the virtual stage as Milo and the Department of Education (DepEd) will hold the MILO-DepEd Palarong Pambahay championships on May 21 and 22, 2022.Finalists from 3,000 young athletes from the elementary and secondary divisions from both public and […]
GR YARIS Rally1 Geared Up for Gravel Debut
TOKYO, May 13, 2022 – (JCN Newswire via SEAPRWire.com) – The TOYOTA GAZOO Racing World Rally Team is preparing to enter a key phase of the 2022 FIA World Rally Championship season at the Rally de Portugal on May 19-22: The first gravel event for the GR YARIS Rally1. 2022 GR YARIS Rally1 The team […]
NovationWire: Predictions of How Blockchain Will Influence Other Industries in 2022
Hong Kong, May 13, 2022 – (NovationWire) – Tailor Insight, the Asia based market research institute, has released a report on ‘Predictions of How Blockchain Will Influence Other Industries in 2022’. During 2022, spending on blockchain solutions by businesses is forecast to hit $11.7 billion. Here are some of the trends that will be driving this and some […]
Stuff to do (05/13/22)
1 of 3 A night of satire with Jon Santos MASTER satirist, Jon Santos, is vaccinated and ready to flex his acting chops again with Jon Santos: LiveScreaming. Mr. Santos and his plethora of characters are finally coming out of lockdown to perform in from of a live audience at Resorts World Manila’s Newport Performing […]
Chef de mission Fernandez motivates Philippine athletes to shine
HANOI — Team Philippines formally opened its campaign in the 31st Southeast Asian (SEA) Games on Thursday with the Philippine Sports Commission (PSC) going all out in the country’s bid for Filipino athletes to shine. PSC Commissioner Ramon Fernandez again motivated the 641 athletes who will see action in 38 sports to maintain focus and […]
Banking groups hope incoming administration can address economic risks, industry concerns
BANKING INDUSTRY GROUPS hope the next administration headed by former Senator Ferdinand R. Marcos, Jr. can ensure the financial system will remain stable by addressing key economic concerns, including inflation and the impact of the coronavirus pandemic. “We have a generally peaceful and orderly election that is positive for the economy,” Bankers Association of the […]
NovationWire: Main Trends of Blockchain and Crypto in 2022
Hong Kong, May 12, 2022 – (NovationWire) – Tailor Insight, the Asia based market research institute, has released a report on ‘Main Trends of Blockchain and Crypto in 2022’. In 2022, it is unexpected that the booming of De-Fi market, as well that of NFT. In addition, a growing number of traditional financial organizations entering the crypto scene, […]
Dining In/Out (05/12/22)
1 of 2 FINA Restaurant ITALIAN steakhouse Il Primo 2 restaurants open at Cebu resort casino THE NUSTAR Resort and Casino in Cebu has opened two new restaurants. These are Fina Restaurant which specializes in Filipino cuisine, and the Italian steakhouse Il Primo. With a name derived from the word “Filipiniana,” Fina features some of […]