CATEGORIES

Citicore, S'pore firm team up for wind venture

Citicore Renewable Energy Corp. (CREC), chaired by tycoon Edgar Saavedra, is teaming up with Singapore-based Levanta Renewables for its maiden wind energy investments.

OFW scams, trafficking continue

Foreign Affairs Undersecretary for Migrant Workers Affairs Eduardo Jose de Vega warns Filipinos, as well as neighboring foreign workers seeking employment abroad, to avoid falling prey to internet recruiters and scammers, who may lead them to be illegally recruited and trafficked for POGO jobs and, in some cases, for surrogacy work.

For insurance plans, young Pinoys now put premium on family protection, emergencies

Investment growth is no longer the top consideration of young Filipinos when getting insurance plans as millennials and Gen Zs now put premium importance on family protection and emergency preparedness.

Phinma launches first township in Bacolod

Phinma Properties has launched its first township development in Bacolod City called Saludad.

Arthaland cleared on P3-B follow-on offer

The Philippine Stock Exchange (PSE) has given listed real estate developer Arthaland Corp. the green light to raise as much as P3 billion from the issuance of preferred shares.

Cebu Pacific expands Iloilo routes

Low-cost carrier Cebu Pacific will mount new domestic flights out of Iloilo in December to scale up its local reach from the province in time for the holidays.

20 Globe offices shift to renewable energy

Globe Telecom Inc. has completed the shift of 20 of its facilities to renewable power as the telco steps up its sustainability efforts to curb its carbon emissions.

PCCI to gov't: Prioritize ease of doing business

The Philippine Chamber of Commerce and Industry (PCCI), the country's largest business group, will be recommending to the government to focus on measures that could further ease and lower the cost of doing business, as it pushes for digital and innovation adaptation by firms.

What makes you pessimistic about problem-solving?

One day, a blue bird flies through an open window of your room. Out of confusion, the bird is trapped. There must be something special about this lost bird. So, you kept the bird in a sturdy shoe box and later on in a secured cage. Then, you fed it for the day. The following morning, you were surprised to see the bird, sporting yellow feathers from blue when you first saw it.

Uncovering the hidden costs of non-compliance for micro and small taxpayers

These days, many individuals aspire to launch their own businesses with some choosing to start on a smaller scale. Establishing a small business can be both rewarding and challenging. Entrepreneurs need to focus on building their business while also managing the complexities of tax regulations. Small businesses encounter distinct tax compliance challenges, which vary significantly from those faced by larger corporations in terms of structure, responsibilities and penalties.

Italy may tap skilled Phl fishermen for work

The government is keen on collaborating with Italy to provide opportunities for Filipino fisherfolk, especially for possible employment in the European country's fishing industry.

BSP profit soars 5-fold to P95.2 B

The earnings of the Bangko Sentral ng Pilipinas (BSP) ballooned five-fold to P95.2 billion as of end-July on the back of higher revenues and lower spending.

SM opening 87th mall

The SM Group, the largest mall operator and developer in the Philippines, is cementing further its retail dominance with the opening of its 87th mall in the country this week.

Gov't tightening AI use in creative works

Music, photos and films partially generated through artificial intelligence may soon be protected under the copyright law as the government plans to issue clear guidelines on the use of AI in the creative industry.

Market slips as investors wait for fresh leads

The local stock market was off to a slow start this week as investors waited for fresh leads.

A story straight from Seattle

NOTES ON THE BEAT

‘High household debt risky for Phl banks’

Banks in the Philippines are facing moderate risk from household debts given the still huge proportion of underserved Filipinos from formal financial institutions, even as interest rates were the steepest in the country, a global credit watcher said.

World Series: Broadway vs Hollywood

NEW YORK (AP) - Broadway vs Hollywood. Subway vs Freeway. Judge vs Ohtani.

Eyes on Celtics, LeBron

Defending champion Boston launches a quest for back-to-back titles, LeBron James teams with his 20-year-old son and familiar faces debut in new places when the NBA's 79th season begins on Tuesday.

PBA FINALS BATTLE OF SUPER IMPORTS

It's a rivalry that started in Season 47 PBA Governors' Cup and spilled over to the Asian Games in Hangzhou last year.

Liam Payne fans leave tributes in London, other cities

LONDON (AP) - Hundreds gathered Sunday in London's Kensington Gardens to mourn Liam Payne as fans around the world grieved for the One Direction singer who died this past week.

US defense chief visits Ukraine

KYIV (AP) - US Defense Secretary Lloyd Austin arrived in Kyiv on an unannounced visit yesterday, hours after a Russian drone attack on the Ukrainian capital and as Ukraine President Volodymyr Zelensky pushes Western partners to keep providing military support for the war.

Trump holds drive-thru news conference at McDonald's

FEASTERVILLE-TREVOSE (AP) Republican presidential nominee Donald Trump manned the fry station at a McDonald's in Pennsylvania on Sunday before staging an impromptu news conference, answering questions through the drive-thru window.

Kremlin says Moldova's poll results raise many questions

MOSCOW (Reuters) -Moldova's election was not free and the results showed a \"hard-to-explain\" increase of votes in favor of President Maia Sandu and the European Union, Kremlin spokesman Dmitry Peskov said Monday.

Musk's election promise of $1-M giveaway sparks call for probe

HARRISBURG (Reuters) - Pennsylvania's Democratic governor, Josh Shapiro, on Sunday called on law enforcement to investigate billionaire Elon Musk for his promise at a weekend pro-Trump rally to give away $1 million each day until Election Day.

Controversy in title fight

There were apparent slip-ups in the 12th and last round of the close fight featuring Giemel Magramo against Judy Flores for the vacant Oriental and Pacific Boxing Federation (OPBF) superflyweight title in a \"Blow By Blow\" event at the Okada Manila Grand Ballroom, Parañaque last Sunday night.

China lodges protest with Myanmar over consulate attack

BEIJING (AFP) - China said yesterday it had lodged a protest with Myanmar authorities after Beijing's consulate in the city of Mandalay was attacked last week with an explosive device.

Seoul demands withdrawal of NoKor troops in Russia

SEOUL (AFP) - South Korea summoned the Russian ambassador yesterday to criticize Pyongyang's decision to send thousands of soldiers to support Moscow's war in Ukraine, the foreign ministry said, calling for their immediate withdrawal.

Fuel prices down this week

Motorists can expect a slight decrease in domestic pumps today, amid recent developments in the global oil market.

Israel bombs Hezbollah-linked financial firm FTUR in Lebanon

BEIRUT (AFP) - Israel conducted airstrikes hitting a Lebanese association linked to Hezbollah, accusing it yesterday of financing the group's weapons, as it expanded the scope of its raids beyond military targets.