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Toilet paper and pasta: France girds for 2nd lockdown

Paris, France—Stores and businesses across France were filled Thursday by people racing to get supplies—and maybe a last-minute haircut—ahead of a new coronavirus lockdown coming into effect at midnight......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

Grab plans to revive motorcycle taxi service

Grab Philippines said Friday it plans to revive its motorcycle taxi operations after the government approved the resumption of the pilot study for ride-hailing services for motorcycles......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

AREIT declared P844-million profit in nine months

AREIT Inc., the country’s first real estate investment trust, said Friday it posted a net income of P844 million in the first nine months, driven by the stable operations of its office leasing portfolio......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

Holcim& rsquo;s income rose 34% in third quarter

Cement producer Holcim Philippine Inc. said Friday net income grew 34.2 percent in the third quarter to P613.7 million from a year ago, on cost management and efficiency improvement initiatives across the business......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

Metrobank& rsquo;s income before provisions climbed 41% to P52.4B in nine months

Metropolitan Bank and Trust Company said Friday income before provisions climbed 41 percent to P52.4 billion in the first nine months from a year ago on the back of a 20-percent increase in revenues......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

Angkas files for employee retrenchment amid crisis

Motorcycle taxi ride-hailing firm Angkas, despite adopting operational measures by reducing work hours and cutting the basic pay of employees to sustain financial obligations, could be in serious financial trouble, documents showed Friday......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

Globe, DITO tap Aboitiz InfraCapital for small cell sites

Aboitiz InfraCapital Inc. said Friday it secured separate deals with Globe Telecom Inc. and DITO Telecommunity Corp. for the deployment of small cell sites to boost network capacity and coverage......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

BSP sees October inflation steady at mid-point range of 2.3%

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Friday inflation rate in October likely remained benign and steady at 2.3 percent, the mid-point of the bank’s forecast range, on slower increases in the prices of rice and fuel......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

Market rallies; JG Summit climbs

Stocks rallied Friday on bargain hunting to end a three-day slump, and on easing quarantine measures that are expected to limit the damage to the Philippine economy......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

Fitch Solutions: Household spending to fall 8% this year

Household spending in the Philippines is expected to fall 8 percent this year amid the health crisis, before rebounding by 5.6 percent next year on the back of government stimulus measures, Fitch Solutions, a unit of Fitch Group, said in a report Friday......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 17 min. ago Related News

Gwyneth Paltrow reveals her most daring role yet

When one already finds himself or herself at the peak of their career, especially as an A-list, multi-awarded, highly in-demand and recognized actor in Hollywood, it’s quite unlikely one would even consider venturing into managing a tech business. But an Iron Woman knows that running a company was neither an opportunity nor an option – it was the “calling” that Gwyneth Paltrow always wanted to take on when she started goop back in 2008, and making it a multi-million dollar media tech company that it is today......»»

Source: Thestandard ThestandardCategory: Movies10 hr. 17 min. ago Related News

& lsquo;Better Days& rsquo; are coming

After challenging times, everyone deserves to welcome better days. And that is exactly what upcoming Boys’ Love (BL) series titled, Better Days promise to their followers. .....»»

Source: Thestandard ThestandardCategory: Movies10 hr. 17 min. ago Related News

Celebrity fortune teller Madam Auring dies at 80

Celebrity fortune teller Madam Auring, or Aurea S. Erfelo in real life, has passed on. She was 80. Her grandson Daryl Simon Pecson confirmed the demise of Madam Auring in a series of posts on Facebook on Friday, Oct. 30......»»

Source: Thestandard ThestandardCategory: Movies10 hr. 17 min. ago Related News

A natural gas boom

The title of my column last Wednesday, is “An oil boom?”. It should have been “A natural gas boom.” And without the question mark......»»

Source: Thestandard ThestandardCategory: News12 hr. 17 min. ago Related News

Floating status

Labor Secretary Silvestre "Bebot" Bello III, a long-time human rights and workers welfare advocate, may be in for some roasting with his issuance of DOLE Department Order 215-2020. Under the said order, employers can now “temporarily lay off workers for an entire year during a national emergency.".....»»

Source: Thestandard ThestandardCategory: News12 hr. 17 min. ago Related News

A stinking deal

President Duterte has tasked Justice Secretary Menardo Guevarra to investigate all forms of corruption in the government. To my mind, this is an impossible mission since corruption is embedded in and bred by the system......»»

Source: Thestandard ThestandardCategory: News12 hr. 17 min. ago Related News

Beijing: We want peace, but will not back down from a fight

Seventy years ago, in October 1950, Chinese troops crossed the border into North Korea to assist their fellow Communist neighbor, which was being rapidly pushed back by the combined forces of South Korea and the United Nations......»»

Source: Thestandard ThestandardCategory: News12 hr. 17 min. ago Related News

Higher WB classification versus loss of ODA

The managers of this country’s economy doubtless are aware of the disconnect between the government’s quest to have the World Bank classify the Philippines as an upper middle-income country and President Duterte’s 2018 directive prohibiting Philippine government acceptance of official development assistance from the world’s donor countries, which are members of the OECD (Organisation for Economic Cooperation and Development)......»»

Source: Thestandard ThestandardCategory: News12 hr. 17 min. ago Related News

PH, global stock markets plummet

The stock market slumped Thursday after a meltdown in New York and Europe sparked by France reimposing a nationwide coronavirus lockdown, with fears other major economies could follow suit......»»

Source: Thestandard ThestandardCategory: Finance22 hr. 17 min. ago Related News

BDO Leasing returns to profit

BDO Leasing and Finance Inc. said Thursday it posted a net income of P135 million in the first nine months, a reversal of the P39-million net loss it incurred a year ago......»»

Source: Thestandard ThestandardCategory: Finance22 hr. 17 min. ago Related News