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Ati tribe fenced off in Boracay
Tension has sparked in Boracay after security guards allegedly fenced off parcels of land owned by members of the Ati tribe......»»
JG Summit FY23 profit: P19.6-B (up 216%)
JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
NEWS BRIEFS | 25 March 2024
Senate eyes probe of resorts within the slopes of Mt. Apo Following the controversy involving the establishment of a resort reportedly within the famed Chocolate Hills in Bohol province, Senator Raffy Tulfo, chair of the Senate Committees on Energy and Migrant Workers, is setting his sights on the resorts located on the slopes of Mt. […].....»»
Earthquake summit highlights engineering solutions, stricter policy implementation
A recent earthquake summit, organized by the Office of Civil Defense, highlighted the need for enhanced coordination mechanisms, engineering solutions alongside maximum utilization of available technologies and stricter policy implementation to strengthen the country’s preparedness......»»
Inspiring Filipina entrepreneurs
We were privileged to have a few VIPs with us at our Women Summit event last March 9......»»
WPS tension: Chinese vessel blocks PH research ship
A China Coast Guard (CCG) vessel again made “dangerous maneuvers” on Thursday and tried to block a Philippine fishery vessel carrying marine scientists conducting research in the West Philippine Sea or WPS. Commodore Jay Tarriela, Philippine Coast Guard (PCG) spokesperson for the WPS, told a press briefing on Friday that CCG vessel 5204 crossed the.....»»
Diffusing tension
In his 2024 State of the Union Address, President Joseph Biden doubled down on his rhetoric against China as he boasted revitalized partnerships in the Pacific. He rattled off India, Australia, Japan, South Korea and the Pacific Islands. He said the United States is standing up against China’s economic practices while standing up for peace across the Taiwan Strait......»»
Philippines, Japan, US foreign officials prepare for tri-summit
As the Philippines prepares for a trilateral summit with Japan and the US on April 11, Foreign Affairs Undersecretary Ma. Theresa Lazaro met on Thursday in Tokyo with Japanese Vice Foreign Minister Okano Masataka and US Deputy Secretary of State Kurt Campbell to discuss regional security issues and economic cooperation......»»
OFW aspirants told: Engage with licensed recruitment agencies only
CEBU CITY, Philippines — The regional director of the Department of Migrant Workers in Central Visayas (DMW-7) warned aspiring Overseas Filipino Workers (OFWs) to engage with only legitimate and licensed recruitment agencies. Lawyer Karl Arriola, DMW-7 director, told CDN Digital that even if he was a lawyer, he still subscribed to the doctors’ advice: Prevention.....»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
Blinken Arrives in South Korea to Attend Democracy Summit
Seoul, South Korea - U.S. Secretary of State Antony Blinken arrived Sunday in South Korea on the first stop of a brief Asia tour also including the Philippines, as Washington moves to reinforce ties with two key regional allies.Blinken landed Sunday afternoon ahead of the third Summit for Democracy on Monday, an initiative of U.S. President Joe Biden, which Seoul is hosting this week.Before arriving in Se.....»»
Biden to Host Japan PM Kishida, Philippines President Marcos
WASHINGTON - President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing concerns about North Korea's nuclear program, provocative Chinese action in the South China Sea and differences over a Japanese company's plan to buy an iconic American steel company.White House press secretary Karine Jean-Pierre in a sta.....»»
Biden to host trilateral summit with Japan, Philippines on April 11
Washington, DC [US], March 19 (ANI): US President Joe Biden will host a three-way summit with Japanese Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos in Washington on April 11, as announced by the White House, as reported by Kyodo News. This historic summit, the first of its kind involving the United States, Japan, and the Philippines, aims to bolster defence cooperation in response to China's asse.....»»
Ex-UK leader Johnson to join right-wing broadcaster GB News
Britain's former prime minister Boris Johnson announced Friday that he was joining the right-wing broadcaster GB News, the latest Conservative politician to take a presenting role on the contentious channel. The scandal-tarred Johnson, who was ousted from power last year by Tory MPs and quit as a lawmaker in June, will start his new "presenter, program maker and commentator" post in early 2024, GB News said. The channel was launched in mid-2021, billing itself as a right-wing, pro-Brexit competitor to mainstream broadcasters such as the BBC and Sky News, and has stoked controversy ever since. It has drawn comparisons to the US network Fox News for its unabashedly populist agenda, blurring the distinction between fact-based reporting and opinion while hiring high-profile right-wingers. In its latest setback, the channel sacked two of its presenters this month after an on-air sexism row that generated nearly 8,500 complaints to media watchdog Ofcom. Ofcom has opened several probes into GB News over alleged breaches of the broadcasting code of neutrality for TV news outlets after it hired several prominent members of the ruling Conservatives as presenters. Johnson, 59, said he was "excited" to be joining "an insurgent channel with a loyal and growing following", saying he would be offering his "frank opinions on world affairs". "I will be talking about the immense opportunities for Global Britain -- as well as the challenges -- and why our best days are yet to come," he said. GB News's editorial director Michael Booker called Johnson "the most influential prime minister of our generation". "As well as his political skills, he's an incredibly talented journalist and author," he said. Johnson, a former Daily Telegraph columnist who currently writes a weekly column for The Daily Mail, first worked as a journalist for The Times, where he was sacked for making up a quote. He moved on to become Brussels correspondent for The Daily Telegraph, where he made his name writing exaggerated claims about the European Union, including purported plans to standardize the sizes of condoms and bananas. He then entered politics, becoming an MP in 2001 and later serving two terms as London mayor before realizing his life-long dream of being prime minister in 2019. The post Ex-UK leader Johnson to join right-wing broadcaster GB News appeared first on Daily Tribune......»»
London Fashion Week throws spotlight on young designers
After New York, the fashion world descended on London Friday for a catwalk extravaganza showcasing big names such as Burberry but also the work of young designers who could become household names. Ahead of the official start, Vogue editor-in-chief Anna Wintour on Thursday evening hosted a star-studded event billed as Britain's answer to New York's Met Gala. Supermodels Kate Moss, Linda Evangelista, Naomi Campbell, and Cindy Crawford were joined by stars of music, theatre, and film from Kate Winslet and Brian Cox to Annie Lennox and Rita Ora. Actress Sienna Miller however stole the show with a daring pregnancy bump-baring outfit. Last year's London Fashion Week, billed as a comeback after disruption due to the Covid pandemic, was overshadowed by the death of Queen Elizabeth II and 10 days of national mourning. This year, more than 80 designers are set to present their spring/summer 2024 collections, with around 50 catwalk shows and other presentations. "It's going to be five really exciting days full of creativity," said Caroline Rush, chief executive of organizers of the British Fashion Council. But in the world of fashion, London is enduring a post-Covid slump, with inflation -- the highest in the G7 at 6.8 percent in July -- and Brexit combining to create a depressed economic backdrop. That has left the British capital trailing Paris, Milan, and New York in the fashion week stakes. In a sign of its loss of influence, even British former Spice Girl Victoria Beckham has crossed the Channel to present her designs in Paris since last year. Fresh UK finding On Wednesday, the UK government announced £2 million ($2.5 million) to support young designers, which will go to the BFC's existing NewGen program. The scheme, which over the last 30 years has supported the best young fashion designers, aims to launch the high-end global brands of tomorrow. The UK government funding will go towards the staging of five fashion weeks over two years, said the BFC. Previous recipients include the legendary Alexander McQueen, who died in 2010. On Saturday, the Design Museum in London is presenting an exhibition celebrating young NewGen talents, and the energy they have brought to the industry. "REBEL: 30 Years of London Fashion" showcases about 100 designs, some of which have gone down in pop culture history. This year, about 20 designers are benefiting from the NewGen program. Most are recent graduates, but who have already managed to dress some of the biggest stars. Outfits by Ukrainian designer Masha Popova have been worn by singer Dua Lipa. Di Petsa has dressed actress Zendaya. Among the more established names are 16Arlington, JW Anderson, Molly Goddard, Richard Quinn, Roksanda, and Simone Rocha. But Burberry, the London fashion house founded in 1856, remains the most eagerly awaited show. It takes place on Monday afternoon and will be only the second collection for British creative director Daniel Lee, following on from his February show. The ex-Bottega Veneta designer replaced Riccardo Tisci a year ago. Sales have soared in China for the brand with the distinctive check print. On the final day, Tuesday, Ukrainian designers will present their collections with London once again hosting Ukrainian Fashion Week due to Russia's invasion. The BFC is also trying to make London an increasingly inclusive venue for catwalk shows. It has launched a survey aimed at all those working in the sector, with questions on their gender, sexual orientation, religion, and social background. "The audit is long overdue and marks the first step towards the vital measurement of the UK fashion industry's collective progress towards the goal of fair representation," the BFC said. The results will be announced later this year. The post London Fashion Week throws spotlight on young designers appeared first on Daily Tribune......»»
London Fashion Week throws spotlight on young designers
After New York, the fashion world descends on London from Friday, showcasing big names such as Burberry but also the work of young designers who could become household names of the future. Last year's event, billed as a comeback after disruption due to the Covid pandemic, was overshadowed by the death of Queen Elizabeth II and 10 days of national mourning. This year, more than 80 designers are set to present their spring/summer 2024 collections, with around 50 catwalk shows and other presentations. "It's going to be five really exciting days full of creativity," said Caroline Rush, chief executive of organizers the British Fashion Council (BFC). Fashion bible Vogue rolled out the red carpet on Thursday night for a gala launch event. But in the world of fashion, London is enduring a post-Covid slump, with inflation -- the highest in the G7 at 6.8 percent in July -- and Brexit combining to create a depressed economic backdrop. That has left the British capital trailing Paris, Milan, and New York in the fashion week stakes. In a sign of its loss of influence, even British former Spice Girl Victoria Beckham has crossed the Channel to present her designs in Paris since last year. Fresh UK funding On Wednesday, the UK government announced £2 million ($2.5 million) to support young designers, which will go to the BFC's existing NewGen program. The scheme, which over the last 30 years has supported the best young fashion designers, aims to launch the high-end global brands of tomorrow. The UK government funding will go towards the staging of five fashion weeks over two years, said the BFC. Previous recipients include the legendary Alexander McQueen, who died in 2010. On Saturday, the Design Museum in London is presenting an exhibition celebrating young NewGen talents, and the energy they have brought to the industry. "REBEL: 30 Years of London Fashion" showcases about 100 designs, some of which have gone down in pop culture history. This year, about 20 designers are benefiting from the NewGen program. Most are recent graduates, but who have already managed to dress some of the biggest stars. Outfits by Ukrainian designer Masha Popova have been worn by singer Dua Lipa. Di Petsa has dressed actress Zendaya. Among the more established names are 16Arlington, JW Anderson, Molly Goddard, Richard Quinn, Roksanda, and Simone Rocha. But Burberry, the London fashion house founded in 1856, remains the most eagerly awaited show. It takes place on Monday afternoon and will be only the second collection for British creative director Daniel Lee, following on from his February show. The ex-Bottega Veneta designer replaced Riccardo Tisci a year ago. Sales have soared in China for the brand with the distinctive check print. On the final day, Tuesday, Ukrainian designers will present their collections, with London once again hosting Ukrainian Fashion Week due to Russia's invasion. The BFC is also trying to make London an increasingly inclusive venue for catwalk shows. It has launched a survey aimed at all those working in the sector, with questions on their gender, sexual orientation, religion, and social background. "The audit is long overdue and marks the first step towards the vital measurement of the UK fashion industry's collective progress towards the goal of fair representation," the BFC said. The results will be announced later this year. Another must-see fashion event in London is the exhibition "Gabrielle Chanel. Fashion Manifesto", which opens on Saturday at the V&A museum. It retraces the 60-year career of "Coco" Chanel, featuring some of her greatest creations that revolutionized women's wardrobes. (AFP Photos) [caption id="attachment_184160" align="aligncenter" width="525"] Canadian model Winnie Harlow poses upon arrival to attend the "Vogue World: London" event at the Theatre Royal Drury Lane in central London on the eve of London Fashion Week on 14 September 2023. (Photo by HENRY NICHOLLS / AFP)[/caption] [caption id="attachment_184161" align="aligncenter" width="525"] British model Jodie Turner-Smith poses upon arrival to attend the "Vogue World: London" event at the Theatre Royal Drury Lane in central London on the eve of London Fashion Week on 14 September 2023. (Photo by HENRY NICHOLLS / AFP)[/caption] [caption id="attachment_184162" align="aligncenter" width="525"] British model Georgia May Jagger poses upon arrival to attend the "Vogue World: London" event at the Theatre Royal Drury Lane in central London on the eve of London Fashion Week on 14 September 2023. (Photo by HENRY NICHOLLS / AFP)[/caption] [caption id="attachment_184163" align="aligncenter" width="525"] Irish writer Sinead Burke poses upon arrival to attend the "Vogue World: London" event at the Theatre Royal Drury Lane in central London on the eve of London Fashion Week on 14 September 2023. (Photo by HENRY NICHOLLS / AFP)[/caption] [caption id="attachment_184164" align="aligncenter" width="525"] British actress Simone Ashley poses upon arrival to attend the "Vogue World: London" event at the Theatre Royal Drury Lane in central London on the eve of London Fashion Week on 14 September 2023. (Photo by HENRY NICHOLLS / AFP)[/caption] The post London Fashion Week throws spotlight on young designers appeared first on Daily Tribune......»»
Global outlook turns downcast — report
The global trade growth for the second quarter is gloomy, according to the latest report of the United Nations Conference on Trade and Development. For the second quarter, the UNCTAD sees a slowdown in trade, pointing to recently downgraded world economic forecasts and factors such as persistent inflation, financial vulnerabilities, the war in Ukraine, and geopolitical tensions. The report, published on 21 June 2023, said for the first quarter of 2023, trade growth was positive for both goods and services. After the downturn in the second half of 2022, the world merchandise trade rebounded in both volume and value. Over the first three months of 2023, trade in goods went up by 1.9 percent from the last quarter of 2022, adding about $100 billion. The report further stated that global services trade also increased by about $50 billion, up by about 2.8 percent compared to the previous quarter. “Overall, the outlook for global trade in the second half of 2023 is pessimistic, as negative factors dominate the positive,” the report says. Trade factors enumerated The war in Ukraine, the decoupling of the United States-China trade interdependence, and the consequences of Brexit have played a significant role in shaping key bilateral trade trends during this period, according to the report. Overall, the outlook for global trade in the second half of 2023 is pessimistic, as negative factors dominate the positive. “Concurrently, there has been a decline in the diversification of trade partners, implying that global trade has become more concentrated among major trade relationships,” the report stated. The report illustrates the ongoing decline in trade interdependence between the United States and China, showing that over the past year and a half, the United States has become relatively less significant as an export market for China. The post Global outlook turns downcast — report appeared first on Daily Tribune......»»
Sunak announces first AI summit, pitching UK role from US
Sunak will meet President Joe Biden at the White House on Thursday for talks during which he will also voice unstinting support for Ukraine, as the young Conservative leader wages an often uphill battle to show the UK's post-Brexit relevance......»»
Biden, business and baseball on UK PM’s agenda in US
UK Prime Minister Rishi Sunak will take in meetings with US business and congressional leaders, along with a baseball game, when he heads to Washington next week for summit talks with President Joe Biden. Sustaining both nations' support for Ukraine in its war against Russian invaders will feature heavily when the leaders meet at the White House on Thursday, according to Sunak's spokesman. But Britain sees no traction for securing a post-Brexit trade deal with the Biden administration, and is seeking smaller arrangements with individual US states such as California, the spokesman said. In a statement on Saturday, Sunak underlined the enduring strength of the transatlantic alliance -- while avoiding the phrase "special relationship", following bust-ups over issues such as Northern Ireland. "The US is our closest ally. We are one another's partner of first resort when it comes to everything from keeping our people safe to growing our economies," he said. "That's why it is so important for a UK prime minister to forge a close and candid relationship with the president of the United States –- on every global problem, you will see us working side-by-side." Nevertheless, Britain after Brexit is finding itself squeezed as the United States and European Union pursue dialogue on future regulation of artificial intelligence, and offer vast new green subsidies. In Washington during his two-day trip, Sunak is expected to address US chief executives and meet with leading figures in Congress, while also pushing soft diplomacy. On Wednesday, he will attend the baseball to watch the Washington Nationals play the Arizona Diamondbacks for the second annual "UK-US Friendship Day", marking 238 years of diplomatic relations. The game will feature a UK-US military flyover and both nations' national anthems. While a trade deal remains problematic, the United States and Britain have forged close alignment against Russia and China. Biden invited Sunak to the White House when the prime minister went to San Diego in March for the launch of a nuclear submarine deal with Australia. Sunak has carried on predecessor Boris Johnson's staunch support for Ukraine since Russia's invasion last year, announcing the supply of long-range missiles. Biden followed up by supporting the provision of advanced F-16 fighter jets for Ukraine at the recent G7 leaders' summit in Japan. The post Biden, business and baseball on UK PM’s agenda in US appeared first on Daily Tribune......»»