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EcoWaste Coalition: True Radiance Comes from Within, Not from Skin Lightening Products with Mercury
23 March 2024, Quezon City. The toxics watchdog group EcoWaste Coalition, which has been tracking mercury in skin-lightening cosmetics in the Philippines since 2011, reiterated its support for the global effort to put an end to the persistent production, trade, and consumption of racist beauty products with mercury content that claim to whiten the skin and deal with other.....»»
SM Group, Levi’s strengthen partnership
The SM Group is reinforcing its partnership with Levi Strauss & Co. (LS&Co.) to support the expansion of the iconic jeans brand’s retail footprint in the country. .....»»
EcoWaste Coalition: True Radiance Comes from Within, Not from Skin Lightening Products with Mercury
23 March 2024, Quezon City. The toxics watchdog group EcoWaste Coalition, which has been tracking mercury in skin-lightening cosmetics in the Philippines since 2011, reiterated its support for the global effort to put an end to the persistent production, trade, and consumption of racist beauty products with mercury content that claim to whiten the skin and deal with other.....»»
Order expanding senior discounts on groceries signed
Senior citizens and persons with disabilities will soon enjoy a higher special discount when buying basic necessities and prime commodities each week......»»
BSP commits to UN-endorsed sustainable investment policies
The Bangko Sentral ng Pilipinas (BSP) has signed the United Nations-supported Principles for Responsible Investment (PRI), the leading global network of public and private institutions committed to incorporating environmental, social, and governance (ESG) considerations into their investment practices. In a statement on Monday, BSP said investors commit to integrating ESG issues into their policies consistent with their fiduciary responsibilities by signing the PRI. For context, a group of the world’s largest institutional investors developed the PRI in 2005 in a process convened by then-United Nations Secretary-General Kofi Annan. “We are extremely pleased to welcome BSP as a PRI signatory. As the central bank for the Republic of the Philippines, BSP has a broad mandate and responsibilities, and a unique opportunity to influence the responsible investment ecosystem in the market. BSP is to be commended for its commitment to incorporate ESG factors into its ownership and investment decisions, and we look forward to working with the team," PRI CEO David Atkin said. The BSP's 11-point Sustainable Central Banking (SCB) Strategy includes being a PRI signatory as a complement to its membership in the Network of Central Banks and Supervisors for Greening the Financial System (NGFS). The BSP is aware that in order to carry out its duties, it must take practical steps to advance the sustainability agenda. The PRI's purpose and ideals are consistent with the goals of the Bank. Through this endeavor, the BSP can improve how ESG aspects are incorporated into the overall investment process and decision-making, measure its methods against those of other PRI signatories, and ultimately contribute to the achievement of the BSP's sustainability goals. The post BSP commits to UN-endorsed sustainable investment policies appeared first on Daily Tribune......»»
SM Prime commits to net zero by 2040
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia commits to achieve net zero greenhouse gas (GHG) emissions by 2040. SM Prime continues to collaborate with partners to pursue a climate-resilient future and mitigate the phenomenon’s harshest impacts. SM Prime is aware that the window of opportunity to act decisively is of utmost importance. This is why climate action and the transition to a net-zero business are at the top of SM Prime’s sustainability agenda. "We have been working with WWF-Philippines to help us establish our commitment and targets, and align with the global commitment which is to achieve net zero by 2050. SM Prime strives to work on achieving net zero emissions, or the point where our generated greenhouse gas emissions are in balance with our emissions reduction activities. We established our near- and long-term science-based targets for 2030 and 2035 respectively. This is currently being verified by WWF Philippines. We commit to achieving net zero by 2040", SM Prime President Mr. Jeffrey Lim said. SM Prime has been managing the transition to a low-carbon economy, which is why climate health, resilient design, and disaster risk reduction have played pivotal roles in its construction and design activities over the past decades. SM Prime addresses climate change by 1) expanding its renewable energy portfolio, 2) optimizing energy efficiency, and 3) conserving and protecting natural carbon sinks. Moreover, SM Prime is already implementing a large-scale energy and water conservation program that has produced outstanding results. SM Prime achieved its 2022 commitment to sourcing renewable energy for at least 50% of its electricity consumption. This development strengthens its commitment to the Department of Energy’s program of moving up the renewable energy supply component of the Philippines to 35% by the year 2030. SM Prime continues to support the transition to renewable energy through direct sourcing. Moreover, it has invested in various forms of manufactured, intellectual and social capital to prepare for a carbon-neutral future. SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people. The post SM Prime commits to net zero by 2040 appeared first on Daily Tribune......»»
Export powerhouse emerges — Pascual
The Marcos administration is aiming to make the country an export powerhouse after setting a target of $240.5 billion in total export growth until 2028. This was announced by President Ferdinand Marcos Jr. and Trade Secretary Fred Pascual on Thursday during the first-ever International Trade Forum, with the theme “Empowering Philippine Industries,” which highlighted the launch of the Philippine Export Development Plan 2023-2028, as well as critical discussions on the benefits brought by the Regional Comprehensive Economic Partnership Agreement. Under the PEDP 2023–2028, the total export target until 2028 depends on the growth of the top eight export sectors, which comprise 88.5 percent of the country’s total exports. The PEDP sets a total export target of $126.8 billion for this year, 5.6 percent higher compared to the total export receipts of the Philippines in 2022 of $78.84 billion. Further, the PEDP is aiming that the total exports will grow further to $143.4 billion in 2024 and $163.6 billion in 2025. On the other hand, total exports in 2026 are expected to post $186.7 billion, and $212.1 billion in 2027. Two historic milestones “We find ourselves standing on the cusp of two historic milestones: The unveiling of the PEDP 2023-2028 and the advocacy campaign kickoff in the Philippines for the RCEP Agreement. These two strategic pillars will be instrumental in bringing our theme of ‘Empowering Philippine Export Industries’ to life by showing how we can tap the global export markets and investment opportunities,” DTI Secretary Fred Pascual said. He said the forum is a crucial part of the Department’s efforts to heighten awareness of stakeholders on trade policies and their impacts on their businesses and encourage more micro, small, and medium enterprises to participate in trade policy formulation. The event brought together more than 200 representatives from the government, the Philippine business sector, foreign trade agreement partners, and business chambers. Tapping vast potential of Philippine exports With the aim of tapping the vast potential of Philippine exports, the PEDP enables the shift in the government’s approach in terms of export development. It puts export development on a national agenda and focuses on addressing binding constraints to export competitiveness, expanding the country’s export capacities, and seizing growth opportunities in the international market. It likewise seeks to undertake an industry development-centric approach that will make the Philippines a competitive global player. “We need to chart a course that includes cultivating an environment that fosters business growth, empowering our industries not just to survive but flourish in a dynamic global landscape, leveraging the full spectrum of our preferential trade arrangements like the RCEP, projecting the visibility of our products on the international stage, and perhaps most critically, attracting investments to enhance, expand, and diversify our production capabilities,” Pascual emphasized in his message. Further, the Statement of Commitment to Implement the PEDP, which was signed by Pascual together with other public and private sector representatives was presented to President Marcos Jr. during the international forum. The statement commits the signatories in fulfilling the following: (1) Ensuring the implementation of the PEDP; (2) Identifying, implementing, and supporting policies, programs, and projects in line with the PEDP; (3) Addressing binding constraints to export competitiveness, particularly burdensome and unnecessary regulations; (4) Complying with the monitoring, evaluation, communication and reporting of the PEDP outcomes; and (5) Reaffirming the importance of the Export Development Council as a public-private partnership through diligent participation in council meetings. The post Export powerhouse emerges — Pascual appeared first on Daily Tribune......»»
Akbayan to Sara: You don’t have to be president to speak vs China
MANILA, Philippines — Party-list group Akbayan said on Thursday that Vice President Sara Duterte does not have to be a president of the country for her to call out China’s intrusive actions over the West Philippine Sea (WPS). Empathy and a moral backbone is just what it takes to stand up with fisherfolk and frontline.....»»
Belmonte, Binay call for climate action funding from development banks
The C40 coalition of cities, a network of nearly 100 mayors, asked MDBs to increase urban climate investment, integrate urban climate action into their strategies, and implement tailored programs to support city projects. .....»»
Pentagon chief reaffirms support after latest China aggression in WPS
Austin emphasized US support for the Philippines in defending its sovereign rights and jurisdiction in a phone call with Defense Secretary Gilberto Teodoro on Wednesday. .....»»
7 nanlaban drug suspects dead after Baste Duterte declares drug war
Less than a week after Davao City Mayor Sebastian Duterte declared a "war on drugs" in the city, at least seven drug suspects were killed during a buy-bust operation in the city — violence that highlights the seriousness of the mayor's recent threat of outright killing persons caught using illegal drugs......»»
Kaspersky Shares Cybersecurity Tips for a Peaceful Getaway during the holy week
As the holiday season approaches, the urge to unwind and kick back is natural. And it’s all too common for people to let their guard down completely when connecting to the Internet too– but shouldn’t. Recently, the Philippine National Police (PNP) Anti-Cybercrime Group shared its findings on identity theft cases in the country. Between November […].....»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Waste consciousness urged during Holy Week
A DAVAO City-based environment group urged Dabawenyos to mind their waste during Holy Week......»»
Cebu topnotcher shares secret to success: Strong support system of family, friends
CEBU CITY, Philippines — A good support system of family and friends is Elijah Cabase’s secret to his placing 5th in the March 2024 Medical Technologists Licensure Examinations (MTLE). This 23-year-old University of Cebu-Banilad alumnus said that he was not even expecting to pass because he described himself as a confessed procrastinator — or one.....»»
Hope for more survivors from Baltimore bridge collapse fades
BALTIMORE – The coast guard announced on Wednesday that hope of finding more survivors of the Baltimore bridge collapse has dimmed, and efforts have switched to searching for the bodies of the missing persons, as well as seeking more answers as to why a container ship crashed into the span. The coast guard announced on.....»»
Israel bombs Gaza, fights Hamas around hospitals
Israeli forces pounded besieged Gaza on Wednesday and fought Hamas around several hospitals, despite a UN Security Council demand for a ceasefire. Talks in Qatar towards a truce and hostage release deal involving US and Egyptian mediators have brought no result so far, with Israel and the Palestinian militant group blaming each other. READ: Israel.....»»
Amigas group celebrate March Birthdays
The Amigas group had a small get-together at Blackbird at the Nielson Tower this month for their March birthday celebrants. Among them was the author, Lanie Fung......»»
Trending tickers: Trump Media, Tesla, Bitcoin and DS Smith
Former US president Donald Trump’s media firm, Trump Media & Technology Group, had a successful stock market debut in New York, with shares soaring past.....»»
India backs Philippines in dispute with China
New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»