Business

Bong Go reminds Filipinos to remain vigilant vs. Nipah virus amid outbreak in other countries

October 1, 2023

Senator Christopher “Bong” Go, chairperson of the Senate Committee on Health and Demography, called on the Department of Health (DOH) and other relevant agencies to implement stringent measures to prevent the potential spread of the Nipah virus (NiV). ...

In nature’s belly

October 1, 2023

Endowed with 63 caves, 61 of which remain unexplored, a Davao del Sur town catches the attention of tourists and spelunkers
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China shies away from confrontation with Europe over EV probe

October 1, 2023

Tom Hancock | Bloomberg News

AS Europe’s top trade chief headed to Beijing this month shortly after announcing a probe into China’s electric vehicle (EV) subsidies, some in the bloc braced for fiery criticism and any hint of retaliation.
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The threat of wildfires is rising. So are new artificial intelligence solutions to fight them

October 1, 2023

Kelvin Chan | AP Business Writer

LONDON—Wildfires fueled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and fueling demand for new solutions. Enter artificial intelligence.
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He spoke no English, had no lawyer: Afghan man’s case offers a glimpse into US immigration court

October 1, 2023

Julie Watson | The Associated Press

The Afghan man speaks only Farsi, but he wasn’t worried about representing himself in US immigration court. He believed the details of his asylum claim spoke for themselves.
The post He spoke no English, had no lawyer: Afghan man’s case offers a glimps...

America’s poor math skills raise alarms over global competitiveness

October 1, 2023

Jon Marcus | The Hechinger Report

BOSTON—Like a lot of high school students, Kevin Tran loves superheroes, though perhaps for different reasons than his classmates.
The post America’s poor math skills raise alarms over global competitiveness first appeared on BusinessMirror.

Secret ‘James Bond’ tunnels may become London tourist attraction

October 1, 2023

Thomas Seal & Damian Shepherd | Bloomberg News

A warren of tunnels beneath central London, once used by the spies who inspired the creation of James Bond, has been bought by a fund manager with a £220 million ($269 million) plan to turn them into a tourist attraction “as iconic as the London Eye.”
...

These Balik Scientists opt to be ‘stay scientists’

October 1, 2023

Reine Juvierre S. Alberto

The government has been encouraging Filipino scientists, who are working or living abroad, to return to the country as Balik Scientists for a limited period to serve the country through their respective expertise in research and development (R&D). ...

DOST-TAPI holds Lunduyan 2023 to celebrate Filipino innovation

October 1, 2023

In celebration of innovation and camaraderie, the Department of Science and Technology-Technology Application and Promotion Institute (DOST-TAPI) is unveiling “Lunduyan 2023” on October 2 at a hotel in Mandaluyong City.
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PHL gains 3 points to 56th in global innovation rank

October 1, 2023

Lyn Resurreccion

The Philippines improved its Global Innovation Index (GII) 2023 ranking by climbing three steps upward to 56th, from 59th in 2022.
The post PHL gains 3 points to 56th in global innovation rank first appeared on BusinessMirror.

Meta putting AI in smart glasses, assistants and more

September 28, 2023

Meta chief Mark Zuckerberg on Wednesday said the tech giant is putting artificial intelligence into digital assistants and smart glasses as it seeks to gain lost ground in the AI race. Zuckerberg made his announcements at the Connect developers conference at Meta’s headquarters in Silicon Valley, the company’s main annual product event. “Advances in AI […]
The post Meta putting AI in smart glasses, assistants and more appeared first on Manila Standard.

World Winner dog Dalbong awarded with Eastwood Paw of Fame

September 27, 2023

The country’s longest-running pet blessing event in Eastwood City will be having a special guest this year as Dalbong, the World Dog Show 2023 winner, will be joining the festivities.
The post World Winner dog Dalbong awarded with Eastwood Paw of Fame ...

Golden Arrow Recognition Ceremony sets ICD on course for advancing Corporate Governance in PHL

September 27, 2023

Less than a year before it turns 25, the Institute of Corporate Directors (ICD) is very much on pace with its 2024 vision of being widely recognized as the key catalyst in effecting positive change in the Philippine corporate governance ecosystem towar...

ICD sustains drive to build better corporate boards

September 27, 2023

Driven by a resolute vision to be at the forefront in the ASEAN region by being the catalyst in the Philippine corporate governance ecosystem towards an inclusive and sustainable development, the Institute of Corporate Directors (ICD) is leaving no sto...

Bong Go calls for increased health budget as country navigates toward pandemic recovery

September 27, 2023

Senator Christopher “Bong” Go, chairperson of the Senate Committee on Health, emphasized in an interview on Tuesday, September 26, the urgent need to bolster the Department of Health’s (DOH) budget as the country navigates towards pan...

AgriNurture, Inc. issues Notice of Annual Meeting of Stockholders

September 27, 2023

The post AgriNurture, Inc. issues Notice of Annual Meeting of Stockholders first appeared on BusinessMirror.

New minimum wage takes effect in Cagayan Valley, Central Luzon, and SOCCSKSARGEN

September 27, 2023

Samuel P. Medenilla

The new pay increases for minimum wage earners and domestic workers issued by the regional wage boards in Cagayan Valley, Central Luzon, and SOCCSKSARGEN are now set to take effect after being affirmed by the National Wages and Productivity Commission ...

Senate approves Magna Carta for seafarers on second, third readings

September 27, 2023

Butch Fernandez

The post Senate approves Magna Carta for seafarers on second, third readings first appeared on BusinessMirror.

‘Government spending will boost GDP growth in Q3’

September 27, 2023

Andrea E. San Juan

Improved government spending may drive the country’s GDP growth to as much as 5.2 percent in the third quarter, according to a local think tank.
The post ‘Government spending will boost GDP growth in Q3’ first appeared on BusinessMirror.

House okays budget bill, some CIFs realigned

September 27, 2023

Jovee Marie N. de la Cruz

THE House of Representatives went on a congressional break on Wednesday with the final approval of the proposed P5.768-trillion General Appropriations Act and all 20 priority bills of the Legislative-Executive Development Advisory Council (Ledac).
The ...

Manila’s retail bond offer yields $611.2 million bids from investors

September 27, 2023

Jasper Y. Arcalas

The initial auction for the state’s second RDB offering last Wednesday, the first under the Marcos Jr. administration, fetched a total of $636.2 million bids from investors, according to data from the Bureau of the Treasury (BTr).
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OVP, DepEd budget debates rescheduled

September 26, 2023

Jovee Marie N. de la Cruz

THE plenary deliberations of the Office of the Vice President’s (OVP) as well as the Department of Education’s (DepEd) proposed budget for 2024 have been rescheduled for Wednesday—the last day of the budget debates.
The post OVP, DepEd budget debates r...

Bicameral panel OKs PPP Act, green reforms seen

September 26, 2023

Jovee Marie N. de la Cruz

THE congressional bicameral conference committee has approved the proposed Public-Private Partnership (PPP) Act, which includes “innovations” to boost green projects, Official Development Assistance (ODA), and returns of public-private projects to the ...

AI will replace jobs, but firms must retool workers

September 26, 2023

Malou Talosig-Bartolome

ARTIFICIAL intelligence will inevitably replace “certain” human jobs but companies should be responsible for retooling their employees who will be affected by it, former chief operating officer of Nestlé Group Peter Brabeck-Letmathe said...

Rice price cap, pricier global grain seen to cut imports

September 26, 2023

Jasper Y. Arcalas

THE state’s rice price ceiling and elevated world grain prices will curb the Philippines’s rice imports next year to 3.5 million metric tons (MMT), according to an international report.
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Marcos rejects rice tariff cut proposal

September 26, 2023

Samuel P. Medenilla and Jasper Y. Arcalas

PRESIDENT Ferdinand R. Marcos Jr. rejected the proposal of his economic managers to temporarily reduce rice tariffs due to the projected downward trend in the international prices of the staple.
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10,387 finish 3-day 2023 Bar exams, new lawyers to be known in December

September 26, 2023

Joel R. San Juan

A TOTAL of 10,387 out of the 10,791 Bar applicants have managed to finish the three-day 2023 Bar Examinations held in 14 testing centers nationwide.
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Lower chamber resolution pays tribute to BF’s track record as public servant

September 26, 2023

Jovee Marie N. de la Cruz

The House on Tuesday adopted a resolution expressing its profound condolences to the family of the late former Marikina City mayor and congressional representative, Bayani “BF” F. Fernando, who passed away on September 22 at the age of 77.
The post Low...

Missile frigate BRP Antonio Luna fires‘big guns’ in Zambales coast war drill

September 26, 2023

Rex Anthony Naval

Guided missile frigate BRP Antonio Luna (FF-151) demonstrated her formidable firepower by firing all of her guns during a recent gunnery exercise held off the coast of Zambales.
The post Missile frigate BRP Antonio Luna fires‘big guns’ in Zambales coas...

PCG beefs up capability to station ships in disputed Bajo de Masinloc

September 26, 2023

Rex Anthony Naval

The Philippine Coast Guard (PCG) beefed up its capability to station ships at the disputed Bajo De Masinloc, also known as Scarborough Shoal, a ranking official of the maritime agency said Tuesday.
The post PCG beefs up capability to station ships in d...

House-approved MUP bill wants new entrants to pay for pension

September 26, 2023

Jovee Marie N. de la Cruz

THE proposed Military and Uniformed Personnel (MUP) Pension System Act approved at the Lower House last Tuesday would require new entrants to pay for their pension, a provision that radically changes an old system.
The post House-approved MUP bill want...

‘Absolutely outrageous:’ Business calls out Nova Scotia Power for poor communication

September 25, 2023

An unexpected outage on Friday night meant the popular Chester Playhouse couldn't have a planned show run at all. Nova Scotia Power is apologizing to those impacted.

EDC beefing up ‘war chest’ for new geothermal wells

September 25, 2023

Lopez-led Energy Development Corp. (EDC) is preparing a P60-billion “war chest” to cover the cost of drilling 40 new geothermal wells and enhance the performance of its existing wells.
The post EDC beefing up ‘war chest’ for new geothermal wells first ...

Q3 growth to ‘slow’ on BSP’s tight policy

September 25, 2023

Cai U. Ordinario

THE tight monetary policy of the Bangko Sentral ng Pilipinas (BSP) is expected to adversely affect the economy’s performance in the third quarter, according to a United Kingdom-based think tank.
The post Q3 growth to ‘slow’ on BSP’s tight policy first ...

Neda: 3, 4 decades before we see ‘aging PHL’

September 25, 2023

Cai U. Ordinario

IT will take three to four decades more before the Philippines becomes what is called “an aging society,” according to the National Economic and Development Authority (Neda).
The post Neda: 3, 4 decades before we see ‘aging PHL’ first appeared on Busin...

Investments in MIF could go to flagship works

September 25, 2023

Cai U. Ordinario

INVESTORS looking to park their funds in the Maharlika Investment Fund (MIF) will find that some of these investments will find their way into the Infrastructure Flagship Projects (IFPs), according to the National Economic and Development Authority (Ne...

PHL eyes $.2B from first sale of RDBs

September 25, 2023

Jasper Y. Arcalas

THE Marcos Jr. administration plans to raise at least $200 million from its first sale of retail dollar bonds (RDBs)—the second for the Philippines—to meet the state’s financing needs.
The post PHL eyes $.2B from first sale of RDBs first appeared on Bu...

Comelec: BSKE premature campaigners to get notices

September 25, 2023

Samuel P. Medenilla

THE Commission on Elections said on Monday it will also be sending personal notices to Barangay and Sangguniang Kabataan Elections (BSKE), who are facing possible election offences due to premature campaigning.
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