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W00:25 Business World L
CCP’s outreach apprenticeship program goes virtual THE Cultural Center of the Philippines (CCP) is holding its third outreach apprenticeship program for regional artists and cultural workers, but this time everything will be held virtually. “Sharing and learning among practitioners in the field of arts and culture must continue despite the difficulties brought by the COVID-19 pandemic. ...
W00:25 Business World L
Accusations of plagiarism swirl around contest winner THE grand prize winner of Popeyes’ online talent competition is now under fire after his winning video montage of Eraserheads songs was called out for allegedly ripping off the musical arrangement of Ang Huling El Bimbo: The Musical. On Aug. 2, shortly after the CJ Villavicencio was named the winner of the Pop Stage competition, musician and composer Myke Salomon took to Twitter to accuse Mr. ...
W00:25 Business World L
Cavitex to be fully electronic by Nov. THE MANILA-CAVITE EXPRESSWAY (Cavitex) said on Tuesday that all its extension booths will no longer serve cash transactions starting Aug. 15, as the company targets to be fully electronic by November. “As the Cavitex is set to complete its transition into full electronic by November, motorists are reminded to avail of the Easytrip RFID (radio frequency identification) to avoid any inconvenience,” it said in a statement. ...
W00:25 Business World L
Marcventures swings to profit on higher nickel tonnage MINING COMPANY Marcventures Holdings, Inc. (MHI) posted a turnaround in its consolidated net income for 2019 to P37.8 million, compared with a net loss of P388.8 million in the previous year, due to higher nickel tonnage. In a disclosure to the stock exchange, MHI President Isidro C. Alcantara, Jr. said the company’s performance in 2019 could be credited to increased tonnage, and reduction of mining and overhead costs by almost 30%. ...
W00:25 Business World L
Maynilad says La Mesa treatment plant 1 upgrades complete UPGRADES to the facilities in La Mesa Treatment Plant 1 in Quezon City were finally completed and put into commission, according to Maynilad Water Services, Inc. On July 31, Maynilad said modifications to plant 1 of the treatment facility were finished such as the rehabilitation of eight sedimentation basins and 16 filters and the construction of a sludge treatment facility. The upgrades are part of Maynilad’s P7. ...
W00:25 Business World L
Green developer Italpinas records 29% income growth despite lockdown ITALPINAS DEVELOPMENT CORP. (IDC) continued posting a double-digit income growth in the second quarter despite the strict quarantine rules to contain the coronavirus disease 2019 (COVID-19) outbreak. In a regulatory filing sent to reporters on Tuesday, IDC said its net income stood at P19.59 million, higher by 29% from the same period a year ago. Its net sales jumped 48% to P144.23 million. On a six-month basis, IDC’s net income is up 44% to P35. ...
W00:25 Business World L
Sustained housing demand lifts 8990 profits up 12% By Denise A. Valdez, Senior Reporter MASS HOUSING developer 8990 Holdings, Inc. booked 12% higher earnings in the first quarter of the year, on the back of sustained demand for its products in Metro Manila and key regions. In a disclosure to the exchange on Tuesday, the company said its net income reached P1.32 billion in January to March, supported by the 15% growth in its consolidated revenues to P3.47 billion. ...
W00:25 Business World L
DoubleDragon generates $75M from dollar bonds DOUBLEDRAGON PROPERTIES CORP. has raised $75 million from its debut in the offshore bond market, which will support capital expenditures and refinance existing obligations. In a disclosure to the exchange on Tuesday, the property firm said it has recently concluded the issuance of five-year senior guaranteed bonds with a rate of 7.25%, conducted through its wholly-owned subsidiary DDPC Worldwide Pte. Ltd. The bonds have been listed at the Singapore Exchange Securities Trading Ltd. ...
W00:25 Business World L
Globe income down nearly 8%, capex guidance cut by 20% By Arjay L. Balinbin, Senior Reporter THE second-quarter net income of Globe Telecom, Inc. declined 7.8% to P4.90 billion from P5.32 billion in the same period last year due to the impact of coronavirus lockdowns on its operations. Compared with its first-quarter net income attributable to the parent of P6.6 billion, Globe’s latest net income is lower by 26%. Globe’s service revenues in the second quarter declined 3.6% to P35.54 billion from P36.88 billion during the same period last year. ...
W00:25 Business World L
BSP reminds banks to be prudent in granting loans BW FILE PHOTO BANKS are expected to be prudent in extending credit amid the pandemic by reviewing their borrowers’ profiles and assessing their loan book, the Bangko Sentral ng Pilipinas (BSP) said. Memorandum No. M-2020-061 signed by BSP Deputy Governor Chuchi G. Fonacier on Aug. 3 laid out the requirements for banks’ measurement of expected credit losses (ECL) and the treatment of regulatory relief measures granted during the coronavirus disease 2019 (COVID-19) pandemic. ...
W00:25 Business World L
RCBC pushes back dollar bond issue, eyes local mart BW FILE PHOTO RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to tap the domestic debt market again this semester through medium-term papers, but will push back a planned dollar bond issue as it monitors global developments. “There may be an increase in appetite for fixed income securities in the domestic markets as there will be opportunities opening up this second half of the year,” RCBC Senior Executive Vice-President and Treasurer Horacio E. Cebrero III said in a statement on Tuesday. ...
W00:25 Business World L
Gov’t fully awards 35-day T-bills as strong demand pulls rate down THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Tuesday as rates declined amid strong demand. The Bureau of the Treasury (BTr) raised P15 billion as planned via the 35-day T-bills on Tuesday. The offer was more than two times oversubscribed, with tenders hitting P31.725 billion. The average rate of the 35-day papers dropped 52.7 basis points (bps) to 1.157% from the 1.684% fetched in the June 30 auction. National Treasurer Rosalia V. ...
W00:25 PhilNews L
6/55 LOTTO RESULT August 5, 2020 Grand Lotto – 6/55 LOTTO RESULT August 5, 2020 6/55 LOTTO RESULTAugust 5, 2020– Here is the result of 6/55 Grand Lotto draw released by Philippine Charity Sweepstakes Office (PCSO). 6/55 Lotto Result: No Jackpot Winner(s)See UPDATED results for the following draws: EZ2 RESULT August 4, 2020 (updated every 11am, 4pm and 9pm) SWERTRES RESULT […] The post 6/55 LOTTO RESULT August 5, 2020 appeared first on Philippine News.
W00:09 GMA News L
Amid talks of bankruptcy, Recto says PhilHealth has P110-B reserve Senate President Pro Tempore Ralph Recto on Tuesday said the Philippine Health Insurance Corporation (PhilHealth) has a P110-billion reserve fund to spend amid the pandemic.
W00:09 GMA News L
AFP chief s proposal to regulate social media illegal and unconstitutional --Drilon The proposal of Armed Forces chief Lieutenant General Gilbert Gapay to regulate social media through the Implementing Rules and Regulations of the Anti-Terrorism Act is “illegal and unconstitutional,” Senate Minority Leader Franklin Drilon said Tuesday.
W00:09 The Standard L
‘Gov’t takeover of telcos ‘baseless’ Lawyer advocacy group warned that President Duterte’s threat to “expropriate” the country’s two established telecommunications companies as baseless and would violate the constitution.
W00:09 The Standard L
P15m smuggled luxury items held Customs agents assigned at the Ninoy Aquino International Airport seized P15 million worth of expensive shoes, bags and wallet brands smuggled from Milano, Italy.
W00:09 The Standard L
Yedda endorses kids’ welfare act The chairperson of the House of Representatives’ Committee on the Welfare of Children on Tuesday said she is committed to work for the immediate passage of the proposed “Foundling Welfare Act” aimed at promoting the rights of abandoned children with unknown parents and declaring them as natural-born Filipino citizens.
W00:09 The Standard L
Roque: PH will not ban China’s TikTok despite security issues Malacanang has said that the government will not ban the popular Chinese video-sharing app TikTok in the Philippines due to alleged security issues.
W00:09 The Standard L
China not occupying Fuga — CEZA The Cagayan Economic Zone Authority on Tuesday denied reports it is allowing China’s rumored occupation of Fuga Island in the guise of creating a smart city in the Island.
W00:09 Business World L
Arts & Culture (08/05/20) 1 of 5 Anita Linda Peque Gallaga Lukot-lukot, Bilog-bilog PETA online theater workshops THE Philippine Educational Theater Association (PETA) continues to reinvent its workshop curricula to cater to the needs of not just individual artists and enthusiasts, but also of organizations and institutions. It recently held Creative Pedagogy classes, a newly crafted course aimed at helping educators cope with the demands of blended learning. ...
W00:09 TechnoBaboy L
Ookla: Smart outpaces competition in first half of 2020 Smart is the country's fastest mobile network in the first half of 2020, according to Ookla. The post Ookla: Smart outpaces competition in first half of 2020 appeared first on Technobaboy.com.
T23:53 Inquirer L
Woman, daughter hurt as strong winds uproot acacia, slam it into their house in Cotabato KIDAPAWAN CITY---Two persons were injured after strong winds uprooted an acacia tree the size of a car and slammed it into a house at the village of Buayan, Mlang town, Cotabato province. The freak event happened on Monday (Aug. 3) during heavy rain that flooded low-lying villages in Mlang. Jahzel Tumaob, Mlang's municipal disaster risk reduction and management officer, identified those injured as Kristy Jane Ollageand her one-year-old daughter Krista Myrtle. ...
T23:53 Inquirer L
UK lawmakers urge sanctions on Hong Kong leader over police violence LONDON --- British lawmakers urged the U.K. government Tuesday to sanction Hong Kong's leader for allowing "excessive police violence" against humanitarian workers who tried to help people injured during pro-democracy protests. ...

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