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UnionDigital Bank to launch sachet loan product in 2024

November 20, 2023

The UnionDigital Bank Inc. sees a huge business and social opportunity in introducing a sachet loan product—“high-frequency lending” as executives call it—in the Philippines.

LandBank extends ₱4.3B loan to Pangasinan LGU

November 20, 2023

Business

BusinessMirror

STATE-run Land Bank of the Philippines (LandBank) announced having extended a P4.3-billion loan to the provincial government of Pangasinan to improve the province’s public, health and tourism services.

Solon pitches scheme to cut local rice prices

November 20, 2023

Business

Samuel P. Medenilla

The Department of Agriculture (DA) should consider channeling the P40 billion in annual subsidies for the rice sector to a contract-growing program that will enable government to sell rice to the poor at P20 per kilogram, according to a lawmaker.

Govt fight against agri smuggling hits ‘crucial milestone’–Romualdez

November 20, 2023

Business

BusinessMirror

Speaker Ferdinand Martin G. Romualdez on Sunday said the recent apprehension of a suspected large-scale onion smuggler marks a “crucial milestone” in the government’s ongoing battle against the smuggling and hoarding of agricultural products.

FAO announces new additions to global agri heritage network

November 20, 2023

Business

BusinessMirror

A pasture system in Andorra, hay milk in Austria, areas growing chestnuts, white ginger and waxberries in China, flood-spreading gardens and a walnut cultivating region in Iran and an all-female fishery in the Republic of Korea have become the latest ...

India seen keeping rice export bans into 2024, holding up global prices

November 20, 2023

Business

Bloomberg News

India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well into next year, a move likely to hold the staple grain at close to its highest price levels since the food crisis of 2008.

Pinoy nurse in Gaza

November 18, 2023

Business

Malou Talosig-Bartolome

Photos courtesy Regidor Esguerra /MSF

Hamas chief who deceived Israelis target No. 1 deep underground

November 18, 2023

Business

Ethan Bronner & Henry Meyer | Bloomberg News

FIVE years ago, the leader of Hamas in Gaza, Yahya Sinwar, scrawled a note on a document that he knew Egyptian intermediaries would hand to Israeli Prime Minister Benjamin Netanyahu.

REVIEW | The Hunger Games return in ‘The Ballad of Songbirds and Snakes’ with the odds in its favor

November 18, 2023

Business

Jake Coyle / The Associated Press

Two hours and 37 minutes is pretty long for a “ballad,” but you can’t call it “The Hunger Games: The Three-Cycle Opera of Songbirds and Snakes” now, can you?

As parents live longer, the load goes heavier for the children

November 18, 2023

Business

Nick Tayag

I wake up. Another good day to live. Yes, thank heavens for this gift of a day despite the body aches, the failing eyesight, the dizzy spells. I breathe in unison with 10 million seniors in the Philippines and 1 billion around the world.

Solon urges barangay leaders to help build elderly database

November 18, 2023

Business

Jovee Marie N. de la Cruz

Following the conclusion of the Barangay and Sangguniang Kabataan Elections (BSKE), a senior lawmaker urged the newly elected officials to actively contribute to completing the national database of elderly Filipinos and solo parents.

Antique’s 85 years and above senior citizens to get annual social pension

November 18, 2023

Business

Annabel Consuelo Petinglay | PNA

SAN JOSE DE BUENAVISTA, Antique—Senior citizens 85 years old and above in Antique are entitled to an annual social pension as provided for in the amended version of the Elderly Welfare and Development Code of the province of Antique approved by the pr...

realme 11 and realme Pad 2: Glorious purpose

November 18, 2023

Business

Ed Uy

IN The Avengers, movie, Loki, portrayed by Tom Hiddleston, delivers the memorable line: “I am Loki of Asgard, and I am burdened with glorious purpose.” Who would have thought that those two words, “glorious purpose,” would remarkably encapsulate Lo...

Vivoactive 5 is a smartwatch that provides fitness coaching, health insights and sleep stats

November 18, 2023

Business

Dinna Chan Vasquez

THIS isn’t the first time I am using a Garmin watch. Years ago, I had a Garmin watch with a heart rate monitor. Somehow, it got lost. I suspect that my daughter used it and lost it in school. Fast forward to 2023, my daughter won a Garmin &#16...

YouTube creators will soon have to disclose use of gen AI in videos or risk suspension

November 18, 2023

Business

Associated Press

YouTube is rolling out new rules for AI content, including a requirement that creators reveal whether they’ve used generative artificial intelligence to make realistic looking videos.

Angkas launches programs to empower riders, strengthen community ties

November 18, 2023

Business

Roderick Abad

IN appreciation of their efforts to make Angkas a leading motorcycle ride-hailing app in the country, the two-wheel taxi and delivery service provider has launched two new programs meant to improve the livelihoods of partner-riders and support economi...

UK cybersecurity center says ‘deepfakes’ and other AI tools pose a threat to the next election

November 18, 2023

Business

Associated Press

LONDON—Britain’s cybersecurity agency said on Tuesday that artificial intelligence poses a threat to the country’s next national election, and cyberattacks by hostile countries and their proxies are proliferating and getting harder to track.

Ayala Foundation, Salesforce to train scholars in CRM

November 18, 2023

Business

Rizal Raoul Reyes

THE social development arm of the Ayala group of companies, the Ayala Foundation, and Salesforce, the AI customer relationship management (CRM) platform and global technology company, recently signed a three-year Memorandum of Understanding (MOU...

PetPal serves over 300 pets in first vaccination drive in Metro Manila

November 18, 2023

Business

BusinessMirror

917Ventures’ all-in-one digital pet care solutions provider PetPal, in partnership with Univet Nutrition and Animal Healthcare Company (UNAHCO INC), recently held its very first vaccination drive, Pawtection Party: Vaccinate and Celebrate!, to keep fu...

SM Foundation revamps educational clinic;strengthens health, learning commitment

November 18, 2023

Business

BusinessMirror

SM Foundation Inc. (SMFI) has consistently invested in critical areas such as health and education to support the country in attaining inclusive growth.

Orica, UP broker partnership for future mining leaders with scholarship grants

November 18, 2023

Business

BusinessMirror

TOP global mining and infrastructure solutions provider Orica has formed a key alliance with the Mining, Metallurgical and Materials Engineering Department of the University of the Philippines (UP)-Diliman College of Engineering.

UST-Science lecture features chemistry applications vs. cancer, mental disorders

November 18, 2023

Business

BusinessMirror

THE University of Santo Tomas-College of Science hosted the “Distinguished Alumni Lecture in Chemistry” that highlighted the application of the particular branch of science in cancer and mental-health research.

Magna Prime opening school for architecture, engineering grads to become competent contractors

November 18, 2023

Business

Roderick Abad

MAGNA Prime Chemical Technologies Inc. is inaugurating a school in the first quarter of 2024 to elevate the norms of the local construction industry by preparing and upskilling new professionals, who will then share their acquired knowledge with colle...

Japanese language training begins for 16th batch of JPEPA candidates

November 18, 2023

Business

BusinessMirror

ON November 8, an online ceremony formally opened the preparatory Japanese language training for the 16th batch of Filipino candidates for nurses and certified care workers.

National Reading Month

November 18, 2023

Business

BusinessMirror

Students of Davao City Special National High School choose their reading materials donated by the Kangaroo Book Club from South Korea.

Electrical Lab

November 18, 2023

Business

BusinessMirror

Davao City’s J.V. Ferriols National High School and Optaciano Hilay National High School received on November 6 electrical installation and maintenance laboratories from Davao Light and Power Co. Inc. and its social-development arm Aboitiz Foundation ...

DepEd-DOH Partnership

November 18, 2023

Business

BusinessMirror

Vice President and Education Secretary Sara Z. Duterte and Health Secretary Teodoro J. Herbosa discussed on November 13 strategies that will address clustering of influenza-like illnesses or ILI in schools.

PHL and US sign landmark ‘123’ deal on nuke power cooperation

November 17, 2023

Business

Malou Talosig-Bartolome and Samuel Medenilla

THE Philippines and the United States revived a 1968 nuclear cooperation agreement signed during the administration of the late strongman former President Ferdinand E. Marcos Sr. allowing US to share its technology to the Philippines for peaceful purp...

MAP backs EDSA Busway restrictions, except for ‘most essential’ exemptions

November 17, 2023

Business

Andrea E. San Juan

The Management Association of the Philippines (MAP) on Friday said it is supporting the restrictions imposed by the Department of Transportation (DOTr) on the access and use of the EDSA Busway, but pointed out that only the “most essential” exemptions...

Earthquake shakes Eastern Mindanao

November 17, 2023

Business

Manuel Cayon

DAVAO CITY—A shallow but strong earthquake shook a wide portion of eastern half of Mindanao at late afternoon on Friday. The temblor lasted more for than a minute.

FFW calls for restoration of SUCs’ capital outlay budget to boost employment

November 17, 2023

Business

Patrick V. Miguel

Labor group Federation of Free Workers (FFW) has called on the restoration of the capital outlay (CO) budget of State Universities and Colleges (SUC) to boost employment.

Sen. Poe prods Congress to frontload passage of bill creating department of water

November 17, 2023

Business

Butch Fernandez

Senator Grace Poe, conveying concerns to ensure clean water supplied to consumers, pressed Congress to frontload passage of an enabling law creating the proposed Department of Water, reminding that “the country’s water woes are too big to be met by fr...

PBBM to meet with Xi to ease SCS tensions

November 17, 2023

Business

Bloomberg News

President Ferdinand R. Marcos Jr. said he will have a meeting with Chinese President Xi Jinping for a second time this year to discuss ways to ease tensions in the South China Sea (SCS) that have escalated in recent months.

German-PHL companies say they’re in a ‘better’ biz situation, but cite need for skilled workers

November 17, 2023

Business

Andrea E. San Juan

Half of the businesses engaged in German-Philippine economic relations said they are in a “better business situation,” but underscored the need to employ more as they cited the “lack of skilled workers” among the top issues in the business landscape i...

BSK disqualifications hit 39 and rising–Comelec

November 17, 2023

Business

Patrick V. Miguel

The Commission on Elections (Comelec) has disqualified 18 more Barangay and Sangguniang Kabataan (BSK) candidates, reaching a total count of 39 as of writing.

HD takes cautious steps to 5th Olympic campaign

November 17, 2023

Business

Josef Ramos

HIDILYN DIAZ-NARANJO refuses to feel comfortable being at No. 7 in the world of her weight class as the qualifiers for the weightlifting competitions for the Paris 2024 Olympics winds down to three remaining tournaments.

PSE index nears 6,200 level

November 16, 2023

Business

Jenniffer B. Austria

Philippine stocks and the peso moved up Thursday ahead of the Bangko Sentral ng Pilipinas’ decision to keep the benchmark interest rate steady at 6.5 percent. Analysts said local shares sustained their upward momentum as investors took positive cues from Wall Street’s overnight performance. The 30-company Philippine Stock Exchange index added 20.35 points, or 0.33 […]
The post PSE index nears 6,200 level appeared first on Manila Standard.

BSP keeps interest rate at 6.5%

November 16, 2023

Business

Julito G. Rada

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) kept the overnight borrowing rate steady at 6.5 percent amid the slowdown in inflation in October and the stronger gross domestic product expansion in the third quarter. The BSP, however, remained hawkish, saying it might resume monetary policy tightening if needed to make sure inflation […]
The post BSP keeps interest rate at 6.5% appeared first on Manila Standard.