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W00:42
PhilStar
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Stocks recover as investors embrace return to lockdown
Share prices recovered yesterday after Monday’s heavy selloff as investors have embraced President Duterte’s decision to put Metro Manila and nearby provinces back to modified enhanced community quarantine.
W00:42
PhilStar
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Bank consortium to self regulate payment system
A consortium of banks will act as a payment system regulator after the Bangko Sentral ng Pilipinas accredits the group as a payments system management body.
W00:42
PhilStar
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‘Limits of fiscal capacity: COVID-19 lockdown, recession and recovery’
In general, undertaking a successful recovery is made more difficult by the burden of a large population. Since it is obligatory to support a country’s human base, the margin for improving development outcomes is reduced.
W00:42
PhilStar
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Globe’s net income down 5% in H1
Globe Telecom Inc. posted lower earnings and revenues in the first half as mobility restrictions implemented due to the COVID-19 pandemic took its toll on its business operations.
W00:42
PhilStar
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Petron widens net loss to P14.2 billion
Petron Corp., the country’s largest oil refiner and marketer, widened its net loss as it continued to reel from the negative impact of the COVID-19 pandemic on global oil prices and demand.
W00:42
PhilStar
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PLDT, Smart remain Philippine’s fastest network
PLDT and wireless subsidiary Smart Communications remained as the country’s fastest fixed and mobile internet networks, respectively, according to global leader in internet testing and analysis Ookla.
W00:41
The Standard
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Lawyers warn of 'iron mask' in 'terror' law
A lawyers’ organization on Tuesday opposed the proposal made by new Armed Forces of the Philippines chief Lt. Gen. Gilbert Gapay that the implementing rules and regulations (IRR) of Republic Act 11479 or the Anti-Terrorism Act of 2020 should govern regulation of netizen’s social media posts.
W00:41
ABS-CBN News
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Globe says internet services restored after brief interruption
MANILA (UPDATE) - Globe Telecom said late Tuesday night it has restored its internet services following a brief interruption.
W00:41
ABS-CBN News
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DOH Region 10, magpapadala ng health workers sa Luzon
Magpapadala ang Department of Health Region Office 10 (DOH-10) ng mga medical personnel sa Luzon para tumulong sa mga hospital lalo na’t patuloy pa rin ang pagdami ng kaso ng COVID-19 sa bansa.
W00:41
ABS-CBN News
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Higit 300 pulis dineploy sa mga checkpoint sa Bulacan
Nasa 346 na mga pulis ang dineploy sa mga checkpoint sa Bulacan at mga boundary nito sa ibang mga probinsya nitong Martes.
W00:41
Business World
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Petron sheds P14 billion in first semester
PETRON CORP. posted P14.2 billion in total net loss in the first six months of 2020 as the coronavirus pandemic brought down the demand for fuel products, leading to poor refining margins and collapse in prices. In the first half of last year, the country’s largest oil refining and marketing company posted a net income of P2.6 billion. The listed fuel retailer told the stock exchange on Tuesday that its consolidated revenues plunged by a fourth to P152. ...
W00:41
Business World
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San Miguel’s beer unit posts 62% profit drop
SAN MIGUEL CORP. (SMC) is expecting its beer business to start recovering in the second half, after being battered with a 62.3% earnings drop in the first six months by restrictions on alcoholic beverages. In a statement Tuesday, SMC said its beer unit San Miguel Brewery, Inc. (SMB) recorded a net income of P5 billion for the six months to June. The conglomerate did not release a comparative figure for last year’s first semester, but it previously reported a P13. ...
W00:41
Business World
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Pandemic to accelerate digitalization
The pandemic is triggering a shift to digital consumption in the Philippines. — REUTERS THE digitalization that is expected to spur the country’s young workforce to drive consumption by 2030 will be accelerated by the pandemic, a report from the World Economic Forum and Bain & Company said. ...
W00:41
Business World
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PhilHealth may collapse by 2022 if pandemic continues, official says
PHILIPPINE HEALTH Insurance Corp. (PhilHealth) faces the risk of collapse by 2022 if the pandemic continues and it fails to secure additional subsidies from the government, an official told the Senate on Tuesday. The Senate began an investigation into alleged corruption at PhilHealth, with a whistleblower accusing former officials of stealing some P15 billion through fraudulent programs. Nerissa R. ...
W00:41
Business World
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Coronavirus gives PHL time to reexamine US ties
By Charmaine A. Tadalan and Vann Marlo M. Villegas, Reporters THE global coronavirus pandemic has given the US government much reprieve after Philippine President Rodrigo R. Duterte delayed the termination of a military agreement on troop deployment, which he finds to be a distraction to the world’s anti-COVID-19 efforts. ...
W00:41
Business World
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PSE hikes minimum public ownership
By Denise A. Valdez, Senior Reporter THE Philippine Stock Exchange, Inc. (PSE) increased the minimum public ownership (MPO)requirement for companies that plan to list on the stock market. In a memorandum released Tuesday, the bourse operator said companies applying for an initial public offering (IPO) are required to offer at least 20% to 33% of their outstanding capital stock to the public. The required minimum public float will depend on a company’s market capitalization. ...
W00:41
TechnoBaboy
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These realme phones and accessories are on sale in Shopee, Lazada 8.8 events
realme Philippines offers up to 34% discount on 8.8 online sale events. The post These realme phones and accessories are on sale in Shopee, Lazada 8.8 events appeared first on Technobaboy.com.
W00:26
GMA News
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Flight cancellations leave Pinoys stranded in airport
“ Yung pocket money namin, [ang] kasya lang pamasahe papunta dito kasi in-expect na makabiyahe na kami. Wala pala,” passenger Leady Lie Rose said.
W00:26
ABS-CBN News
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WATCH: Gerald Anderson surprises mom with pickup truck
“You know, RJ, how much I love you. This is too much, son.”
W00:26
ABS-CBN News
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Kapamilya Channel Advisory
Hindi available ang Kapamilya Channel ngayon sa ilang mga lugar dahil sa technical problems.
W00:25
Business World
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Portia de Rossi speaks out as criticism of Ellen mounts
LOS ANGELES — Actress Portia de Rossi defended Ellen DeGeneres on Monday after a social media campaign called for the talk show host to step down following reports of a hostile work environment for employees on set. De Rossi, who has been married to DeGeneres for 12 years, posted an “I Stand By Ellen” hashtag on her Instagram account. “To all our fans… we see you. Thank you for your support,” the former Ally McBeal actress wrote on Monday. ...
W00:25
Business World
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Postcard reveals site of Van Gogh’s ‘farewell note in color’ before suicide
PARIS — Stuck at home during lockdown, Dutch researcher Wouter van der Veen finally found time to look through old postcards of the French village where Vincent van Gogh died and made a remarkable discovery. One postcard showing gnarled roots and tree trunks along a road in Auvers-sur-Oise, close to Paris, bore a remarkable similarity to the Dutch artist’s last painting, Tree Roots. ...
W00:25
Business World
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Giant cherry with cream, fly and drone unveiled on London’s Fourth Plinth
LONDON — A nine-ton sculpture of a giant swirl of whipped cream with a cherry on top, as well as a fly and a drone, was unveiled on Trafalgar Square’s Fourth Plinth in London on Thursday. The sculpture by Heather Phillipson, entitled THE END, is the latest in a series of contemporary artworks to be displayed on the plinth over the past two decades. ...
W00:25
Business World
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Japan’s renowned artists find inspiration from pandemic
TOKYO — Some of Japan’s best-known artists are finding new avenues of expression in areas such as online communication and the environment, as the novel coronavirus outbreak sparks ideas as radical as renaming the country’s “Reiwa” imperial era. Five contemporary artists including Takashi Murakami were on hand on Thursday at Mori Art Museum for the unveiling of their STARS exhibition, which had been delayed by several months as the museum closed due to the pandemic. ...
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