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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
& 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. .....»»
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......»»
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......»»
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.".....»»
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......»»
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......»»
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)......»»
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......»»
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......»»