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Chip maker Intel beats earnings expectations as it pursues rivals
US chip giant Intel on Thursday said it made more money than expected in the recently ended quarter as it continued to invest in a "geographically balanced" supply chain. Intel shares jumped more than 7 percent to $34.88 in after-market trades. "We delivered a standout third quarter, underscored by across-the-board progress on our process and product roadmaps; agreements with new foundry customers, and momentum as we bring AI everywhere," said Intel chief executive Pat Gelsinger. Intel reported revenue of $14.2 billion, which was 8 percent less than the amount seen in the same quarter a year earlier but ahead of forecasts. Net income tallied $300 million, compared with $1 billion profit in the same period in 2022, earnings figures showed. "Our results exceeded expectations," said Intel chief financial officer David Zinsner, who said earnings benefited from "expense discipline." Intel has been working to catch up with rivals, especially Nvidia, when it comes to powerful chips needed to handle the computing demands of artificial intelligence. Intel touted investments being made in chip production facilities with an aim of creating a "geographically balanced, secure, resilient supply chain." California-based Intel is seen as a key tool for the United States to reduce its dependence on major global producers, such as Taiwan's TSMC. Earlier this year, Intel announced it would spend $25 billion on a new plant in Israel, with Prime Minister Benjamin Netanyahu calling it the country's single largest foreign investment. The "agreement in principle" would see the semiconductor firm build the facility in the southern city of Kiryat Gat that would open by 2027 and operate at least until 2035, Israel's finance ministry said. Intel has been operating in Israel since the 1970s with development centers and a production site that employs some 12,000 people, the finance ministry said. In 2017, Intel acquired Israel-based Mobileye, which makes technology for automated driving systems in vehicles, for just over $15 billion. Gelsinger said Intel teams have kept operations going despite the war between Israel and Hamas. "Our utmost priority is the safety and welfare of our people in Israel and their families," Gelsinger said. "Despite all of these challenges, they're performing extremely well. I am praying for a swift return to peace." China Gelsinger said Intel was carefully studying updated rules in the United States that tighten curbs on exports of state-of-the-art AI chips to China. "We do believe that we'll have plenty of opportunity in China," Gelsinger said. "We are continuing to deploy our products there broadly, even as we comply and work with (the United States) around the regulations that they're putting in place." The new rules tighten measures from a year ago that banned the sale to China of microchips crucial to manufacturing powerful AI systems. Calls to further close the supply chain grew after the popularity of generative AI platform ChatGPT. When announcing the beefed-up curbs, US Commerce Secretary Gina Raimondo insisted they were intended to close loopholes and prevent China's development of AI for military use. "It's true that AI has the potential for huge societal benefit. But it also can do tremendous and profound harm if it's in the wrong hands and in the wrong militaries," she told US media. The rules will not affect chips used in consumer goods such as laptops, smartphones, and gaming consoles, though some will be subject to export licensing requirements. China has said it is "strongly dissatisfied" and "firmly opposes" the curbs. "The US continues to generalize the concept of national security, abuse export control measures, and implement unilateral bullying," the commerce ministry said in a statement. The post Chip maker Intel beats earnings expectations as it pursues rivals appeared first on Daily Tribune......»»
Think tank: SMGPH faces liquidity crunch
The declining profitability of San Miguel Corporation’s energy unit San Miguel Global Power Holdings Corp. has affected the capability of the company to meet near-term financial obligations, according to a report of the Institute for Energy Economics and Financial Analysis, or IEEFA. Local groups held a forum on Wednesday ahead of the 133rd anniversary of the Adian conglomerate that focused on the “losing strategy” of maintaining its dependence imported fossil fuel with its planned shift from traditional coal to liquefied natural gas, or LNG. Think tank Center for Energy, Ecology and Development indicated during the event that SMGPH is implementing “a losing strategy that is having devastating consequences on shareholders and investors, energy consumers, and the environment.” “While SMC is pursuing the country’s further dependence on fossil fuel, it is also losing on the actual energy transition development. SMC had lost in the race to secure new permits for renewable energy capacity, which will be built in the next two to three years,” Gerry Arances, CEED executive director, said. Sam Reynolds, author of an Institute for Energy Economics and Financial Analysis, or IEEFA, report titled San Miguel Global Power: Fossil fuel-oriented growth strategy raises financial red flags, said the article detailed the financial issues SMC faces because of its reliance on coal and gas. IEEFA is a Detroit-based advisory group for energy industry strategies. He warned the company’s overexposure to volatile fossil fuel prices could sink its financial health and that “SMGPH’s overreliance on fossil fuels has weakened its financial health — moving from coal to LNG is not going to solve the fundamental problem of overexposure to fossil fuel prices.” SMGPH debts are falling due between 2024 and 2026, according to the study. The company’s financial position would likely remain inadequate to address the callable perpetual securities, amounting to $3.4 billion (P193 billion). “SMGPH could face a double-edged sword. On one hand, the need to redeem perpetual securities demands additional capital or funding. On the other, opting not to exercise the call option subjects the company to additional financial costs, further straining its financial position,” according to IEEFA. No contract to back up projects “This is especially true when you consider the company’s lack of contracts for its existing and proposed LNG facilities,” he added. SMC’s status as one of the country’s biggest conglomerates entails that the company should be among those leading the transition away from fossil fuels, Reynolds added. Reynolds also doubts the company will be able to fulfill the 2050 net zero commitment it unveiled earlier this year. “Unless there is a major, material pivot within the company to transition to renewables and phase out its fossil fuel expansion plans, the company is going to have very little chance of achieving its 2050 net zero target. Without a strategic, material, immediate pivot, that goal is simply unrealistic,” he said. Liquidity crunch possible As a result of SMGPH’s declining profitability, IEEFA’s analysis indicated that its ability to cover near-term financial commitments in the form of debt, interest and capital distribution for perpetual securities may have worsened considerably. This points to an overall liquidity crunch, which could translate to a longer-term funding shortfall if not carefully managed. IEEFA indicated that its view “aligns with conclusions from Bloomberg Intelligence, which stated that the company may need $900 million (P51 billion) by the end of this year to meet its financial commitments. “SMGPH’s funding constraints also depend on its ability to extend P21 billion worth of short-term loans. There is also a possibility of obtaining local funding due to its connection to parent company SMC,” IEEFA indicated. Its financial SMGPH’s perpetual securities come with a notable feature: a step-up interest mechanism. If the call option on the security is not exercised, the interest rate increases by a certain percentage each year. SMGPH has strategically tapped into the issuance of bonds and loans to fund its expansion plans, increasing its total debt. Total equity has also grown, driven largely by the company’s issuance of perpetual securities. The paper added that a broader assessment, beyond operating cash flows, reveals a rising liquidity risk for SMGPH. It measured the SMGPH’s cash flow from operations (CFO)-to-current liabilities ratio, the results of which pointed a “concerning trend.” The ratio has been on a downward trajectory since 2019. In 2022, the CFO-to-current liabilities ratio plummeted to an all-time low of -0.12, indicating insufficient cash flow to cover short-term liabilities. The same ratio remained weak in the first half. Its ratio in 2022 was 1.00, down from 1.43 in 2021, meaning the company has exactly one dollar of current assets for every dollar of current liabilities. “In essence, the company holds a relatively tight margin of assets available to cover its immediate financial obligations. Meanwhile, the accounts receivable turnover ratio stood at 3.15, marking its lowest value since 2016.” The post Think tank: SMGPH faces liquidity crunch appeared first on Daily Tribune......»»
Yellen says US ‘carefully’ monitoring China economy
The United States is "carefully" monitoring China's challenges, US Treasury Secretary Janet Yellen said Friday, as the slowdown in the world's second-largest economy raises concerns for global growth. Many are worried about the Asian giant's struggles, with the threat of recession in Europe and high inflation in many major economies contributing to a plunge in demand for Chinese goods. "China faces a variety of both short and longer-term global challenges, economic challenges that we've been monitoring carefully," Yellen told reporters in New Delhi, ahead of a two-day G20 summit. "That said, China has quite a bit of policy space to address these challenges," she added. China's President Xi Jinping will miss the leaders' meeting at a time of heightened trade and geopolitical tensions with the United States and India, with which it shares a long and disputed border. China's challenges included "less of a pick up in consumer spending that had been anticipated in the aftermath of the Covid restrictions, as well as long-standing issues with respect to the property sector and... debt related to that", she said. G20 host India overtook its northern neighbor as the world's most populous country earlier this year, and Yellen added that China's "labor force is beginning to shrink". Xi's absence will impact Washington's bid to keep the G20 the main forum of global economic cooperation and its efforts towards a financing push for developing countries. That includes a plan to increase World Bank and International Monetary Fund lending power for emerging nations by some $200 billion as a better alternative to Beijing's "coercive" Belt and Road Initiative. While "aware of the risks to global growth", Yellen said she had "been surprised by the strength of global growth and how resilient the global economy has proven to be". "While there are risks and some countries that have certainly been affected, overall, the global economy has been resilient," she added. Yellen added that the "most important negative influence is Russia's war on Ukraine." The post Yellen says US ‘carefully’ monitoring China economy appeared first on Daily Tribune......»»
Handwritten letters a lifeline in war-devastated Darfur
With no cell service or phone calls, people in Sudan's war-ravaged western region of Darfur are resorting to a bygone means of communication: handwritten letters, carried by taxi drivers. Ahmed Issa, 25, sits on a plastic chair in a roadside cafe, penning a message to relatives he left behind in Nyala, the capital of South Darfur state. In the safety of El Daein, 150 kilometers (93 miles) southeast, he told AFP the letters are often the only way to get news in and out of his hometown, the second-biggest city in Sudan and the site of brutal battles between the regular army and the paramilitary Rapid Support Forces. "Even at the start of the fighting, it was hard to get in touch with people in other neighborhoods inside Nyala," he said, nearly five months after the war began. The situation has only grown worse since, with horrific violence reported across Darfur, a region the size of France that is home to around a quarter of Sudan's 48 million people. They remember all too painfully the years-long war and atrocities that began in 2003. Hundreds of thousands were killed and more than two million displaced after the government of Omar al-Bashir unleashed the Janjaweed militia in response to a rebel uprising. Hunched forward in a black patterned shirt and a neat crew cut, Issa carefully folds his letter over and over. "You wait a week for the letter to arrive, and you don't know for sure if they'll get it," he told AFP. "And if they do, there's no guarantee they can send one back" through the treacherous roads in and out of Nyala. Three months ago, the West Darfur state capital of El Geneina seemed to be the nucleus of the fighting, becoming a symbol of the return of ethnic violence in Darfur. Western countries and the UN linked the violence to the RSF and its allies. It triggered the International Criminal Court to open a new investigation into alleged war crimes. Now Nyala is the centre of clashes between the army and the RSF. On one day last week 39 civilians, most of them women and children, were killed when shelling hit their homes in Nyala, medics and witnesses said. Over 10 days in August, more than 50,000 people fled Nyala's violence, according to the United Nations. Water and electricity networks quickly failed, compounding threats in a city where one in four people already needed humanitarian aid before the war, the UN said. The messenger Residents on Sunday looked up to see a new escalation of the violence: Air Force fighter jets -- whose strikes have been largely limited to the capital Khartoum -- were flying overhead. Their bombs struck both RSF bases and the residential neighborhoods they inhabit, witnesses told AFP. People will do anything to make sure their loved ones are alright, according to human rights defender Ahmed Gouja, who left Nyala but is trying to inform the world of the gruesome violence unfolding. Last week, he reported on Twitter, which is being rebranded as X, that five entire families were "killed in one day". He himself spent 16 days "with no info" about his family in Nyala, before finally reaching "one of my brothers who arrived at El Daein, searching for an internet signal". "We die every moment that passes while we are deprived" of news of loved ones, he wrote. For weeks, Suleiman Mofaddal has seen families like Gouja's walk through his El Daein office, a small room with yellow walls, anxious for news of those who cannot or refuse to leave their homes in Nyala. On his desk sits a pile of small, neatly folded paper rectangles, each with a name scrawled in blue ink. Some have a phone number, just in case the recipient gets cell service for even a moment. All wait to be handed to drivers on Mofaddal's team, who will carry the letters on their way to Nyala. "Most often, the recipient immediately writes a response and hands it back to the driver before he leaves," Mofaddal told AFP. Then the driver heads back out, hoping the road ahead won't be closed -- by either the bombs, militia checkpoints, or the downpours of Sudan's rainy season. The post Handwritten letters a lifeline in war-devastated Darfur appeared first on Daily Tribune......»»
Indian lunar landing mission enters Moon’s orbit
India's latest space mission entered the Moon's orbit on Saturday ahead of the country's second attempted lunar landing, as its cut-price space programme seeks to reach new heights. The world's most populous nation has a comparatively low-budget aerospace programme that is rapidly closing in on the milestones set by global space powers. Only Russia, the United States and China have previously achieved a controlled landing on the lunar surface. The Indian Space Research Organisation confirmed that Chandrayaan-3, which means "Mooncraft" in Sanskrit, had been "successfully inserted into the lunar orbit", more than three weeks after its launch. If the rest of the current mission goes to plan, the mission will safely touch down near the Moon's little-explored south pole between 23 and 24 August. India's last attempt to do so ended in failure four years ago, when ground control lost contact moments before landing. Developed by ISRO, Chandrayaan-3 includes a lander module named Vikram, which means "valour" in Sanskrit, and a rover named Pragyan, the Sanskrit word for wisdom. The mission comes with a price tag of $74.6 million -- far smaller than those of other countries, and a testament to India's frugal space engineering. Experts say India can keep costs low by copying and adapting existing space technology, and thanks to an abundance of highly skilled engineers who earn a fraction of their foreign counterparts' wages. A moment of glory The Chandrayaan-3 spacecraft has taken much longer to reach the Moon than the manned Apollo missions of the 1960s and 1970s, which arrived in a matter of days. The Indian rocket used is much less powerful than the United States' Saturn V and instead, the probe orbited the earth five or six times elliptically to gain speed, before being sent on a month-long lunar trajectory. If the landing is successful the rover will roll off Vikram and explore the nearby lunar area, gathering images to be sent back to Earth for analysis. The rover has a mission life of one lunar day or 14 Earth days. ISRO chief S. Somanath has said his engineers carefully studied data from the last failed mission and tried their best to fix the glitches. India's space program has grown considerably in size and momentum since it first sent a probe to orbit the Moon in 2008. In 2014, it became the first Asian nation to put a satellite into orbit around Mars, and three years later, the ISRO launched 104 satellites in a single mission. The ISRO's Gaganyaan ("Skycraft") program is slated to launch a three-day manned mission into Earth's orbit by next year. India is also working to boost its two percent share of the global commercial space market by sending private payloads into orbit for a fraction of the cost of competitors. The post Indian lunar landing mission enters Moon’s orbit appeared first on Daily Tribune......»»
Meet the scientist (sort of) spending a year on Mars
Living on Mars wasn't exactly a childhood dream for Canadian biologist Kelly Haston, though she'll soon spend a year preparing for just that. "We are just going to pretend that we're there," the 52-year-old told AFP, summing up her participation in an exercise simulating a long stay on the Red Planet. At the end of June, she will be one of the four volunteers stepping into a Martian habitat in Houston, Texas that will be their home for the next 12 months. "It still sometimes seems a bit unreal to me," she laughs. For NASA, which has carefully selected the participants, these long-term experiments make it possible to evaluate the behavior of a crew in an isolated and confined environment, ahead of a real mission in the future. Participants will face equipment failures and water limitations, the space agency has warned -- as well as some "surprises," according to Haston. Their communications with the outside world will suffer from the delays that exist between Earth and Mars -- up to 20 minutes one-way, depending on the planets' positions -- and 40 minutes two ways. "I'm very excited about this, but I'm also realistic about what the challenge is," says the research scientist, whose status as a permanent resident of the United States made her eligible for the program. The habitat, dubbed Mars Dune Alpha, is a 3D printed 1,700 square-foot (160 square-meter) facility, complete with bedrooms, a gym, common areas, and a vertical farm to grow food. "It's actually surprisingly spacious feeling when you go inside it," said Haston, who visited last year before her participation was confirmed. "And we do have an outdoor area as well where we will mimic spacewalks or Mars walks." This area, which is separated by an airlock, is filled with red sand, though it is still covered rather than being open air. The crew will have to don their suits to do "spacewalks" -- "probably one of the things that I'm looking forward to the most," says Haston, a registered member of the Mohawk Nation. Haston wasted no time in filling out her application when her partner told her about the opportunity. "It's aligned with many of my goals in life to explore different avenues of research and science, and then also to be a test subject, and to give to a study that will hopefully further space exploration." The four members of the mission -- herself, an engineer, an emergency doctor, and a nurse -- did not know each other before the selection process but have since met. "We really are close-knit already," says Haston, who has been named commander of the group, adding she looks forward to seeing these relationships grow even stronger. They might be simulating an important exploratory mission for humanity, but how the housemates get along as they share mundane chores including cleaning and meal preparation will be crucial. A month of training is planned in Houston before entering the habitat. A teammate could leave in case of injury or medical emergency. But a whole series of procedures have been drawn up for situations that can be handled by the crew themselves -- including how to tell them about a family problem that has arisen outside. What worries the Canadian most is how she will manage to be away from family. She'll only be able to keep in regular touch through email, and only rarely via videos, but never live. She'll miss being outside and getting to see mountains and the sea, she says. To cope, she plans to draw on her past experiences, such as a research expedition in Africa where she studied the genetic characteristics of frogs around Lake Victoria. She spent several months sleeping in cars and tents, with four people, without reliable cell phone coverage. Feelings of isolation "are things that I think feel very familiar to me." A specialist in the field of developing stem cell treatments for certain diseases, she has worked in recent years for start-ups in California, where she also studied. This mission is the first of a series of three planned by NASA, grouped under the title CHAPEA (Crew Health and Performance Exploration Analog). A year-long mission simulating life on Mars took place in 2015-2016 in a habitat in Hawaii, but although NASA participated in it, it was not at the helm. Under its Artemis program, America plans to send humans back to the Moon in order to learn how to live there long-term to help prepare for a trip to Mars, sometime towards the end of the 2030s. The post Meet the scientist (sort of) spending a year on Mars appeared first on Daily Tribune......»»
UK deputy PM awaits Sunak’s verdict over bullying inquiry
UK Prime Minister Rishi Sunak wrestled Thursday with the fate of his deputy Dominic Raab after an investigation concluded into alleged bullying by the Conservative minister. Raab, who is justice secretary as well as deputy prime minister, has been under a cloud for allegedly victimizing his civil servants in three different government departments. The controversy has dogged Sunak ever since he succeeded Boris Johnson in October with a pledge to restore "integrity, professionalism, and accountability" in government. Sunak appointed senior employment lawyer Adam Tolley in November to look into two formal complaints leveled at Raab. More complaints have emerged since from civil servants who worked with the minister, and the Financial Times newspaper quoted one person involved in the investigation as saying it was "devastating". Tolley sent his report to Sunak on Thursday morning, the prime minister's spokesman confirmed. Sunak retains "full confidence" in Raab but is "carefully considering the findings of the report", he told reporters, refusing to say when it would be published. Raab is widely expected to face dismissal if the complaints are upheld by Tolley, with Sunak and the Conservatives already staring at probable heavy losses in local elections on May 4. In February, Raab insisted to Sky News that he had "behaved professionally throughout". But he added: "If an allegation of bullying is upheld, I would resign." In late January, the prime minister fired the wealthy chairman of the Conservative Party, Nadhim Zahawi, after a separate probe into Zahawi's tax affairs. Nodding to Zahawi's abrupt dismissal, Sunak warned: "I won't hesitate to take swift and decisive action" if given conclusive findings of wrongdoing by Raab. But opposition parties will raise fresh questions about Sunak's political judgment in retaining Raab and re-appointing the controversial interior minister Suella Braverman, in October. Some 72 percent of voters believe Raab should resign if he is found to have engaged in bullying, and 44 percent think Sunak knew about the allegations when he appointed him, according to a new poll by Savanta. "If the report's findings are serious and Sunak fails to act, it could draw into contention the prime minister's assertion that his government and leadership is markedly different to those of his predecessors when it comes to scandal and sleaze," Savanta's political research director Chris Hopkins commented. If Raab does go, it would necessitate an earlier-than-expected cabinet reshuffle by Sunak at a sensitive juncture, ahead of the May elections. He is reportedly likely to appoint a woman as justice secretary if he does fire Raab, after criticism over the gender imbalance in his top team. The post UK deputy PM awaits Sunak’s verdict over bullying inquiry appeared first on Daily Tribune......»»
North Korea to defy coronavirus with huge parade
Nuclear-armed North Korea is expected to parade its latest and most advanced weapons through the streets of Pyongyang on Saturday, as the coronavirus-barricaded country celebrates the 75th anniversary of leader Kim Jong Un’s ruling party. Saturday is expected to see thousands of goose-stepping soldiers packed into Pyongyang’s Kim Il Sung Square, named for North Korea’s founder, under the gaze of his grandson Kim Jong Un ED JONES AFP/ MANILA BULLETIN South Korea’s unification minister told parliament on Thursday that a “large-scale parade” was anticipated, and satellite imagery on the respected 38North website has also suggested the cavalcade could be huge. The anniversary comes during a difficult year for North Korea as the coronavirus pandemic and recent storms add pressure to the heavily sanctioned country. Pyongyang closed its borders eight months ago to try to protect itself from the virus — which first emerged in neighbouring China — and has still to confirm a single case of infection. Last month, troops from the North shot dead a South Korean fisheries official who had drifted into its waters, apparently as a precaution against the disease, prompting fury in Seoul and a rare apology from Kim. Nevertheless, Saturday is expected to see thousands of goose-stepping soldiers packed into Pyongyang’s Kim Il Sung Square, named for North Korea’s founder, under the gaze of his grandson, the third member of the family to rule the country. A procession of progressively larger armoured vehicles and tanks is likely to follow, culminating with whatever missiles Pyongyang wants to put on show. The North is widely believed to have continued to develop its arsenal — which it says it needs to protect itself from a US invasion — throughout nuclear negotiations with Washington, deadlocked since the collapse of a summit in Hanoi in February last year. Now analysts expect a new submarine-launched ballistic missile (SLBM) or an intercontinental ballistic missile (ICBM) capable of reaching the US mainland to appear — maybe even one with multiple re-entry vehicle capabilities that could allow it to evade US defence systems. The anniversary of the Workers’ Party means North Korea “has a political and strategic need to do something bigger”, said Sung-yoon Lee, a Korean studies professor at Tufts University in the United States. Showcasing its most advanced weapons “will signal a big step forward in Pyongyang’s credible threat capabilities”, he said. But unlike on many previous occasions, no international media have been allowed in to watch the parade, and with many foreign embassies in Pyongyang closing their doors in the face of coronavirus restrictions, few outside observers will be present. It is not clear whether state broadcaster KCTV will air the event live — some past parades have not appeared on television until the following day. But the South’s government has detected signs that Kim is to give a speech at the parade, Yonhap News Agency reported Friday citing unnamed sources. – Masks and missiles? – At the end of December, Kim threatened to demonstrate a “new strategic weapon”, but analysts say Pyongyang will still tread carefully to avoid jeopardising its chances with Washington ahead of next month’s presidential elections. Showing off its strategic weapons in a military parade “would be consistent with what Kim Jong Un promised”, while “not provoking the US as much as a test-launch of a strategic weapon”, said former US government North Korea analyst Rachel Lee. The messaging of the parade “will be heavily domestic — on party accomplishments, unity around the leader, and improving the economy before the Eighth Party Congress”, she added, referring to a meeting of the Workers’ Party due to take place in January. But Harry Kazianis of the Center for the National Interest warned that with thousands of people involved, it could turn into a “deadly superspreader-like event” unless “extreme precautions” were used. The impoverished nation’s crumbling health system would struggle to cope with a major virus outbreak, and he added that such protective measures seemed “pretty unlikely”. “Clearly masks and missiles don’t mix.”.....»»
Progressive : Arlene Damot on embracing married women, all ages in Miss Universe
Mrs. Universe 2023 2nd runner-up Arlene Damot sees the Miss Universe Organization's decision to lift the age requirement and welcome married women as a progressive move......»»
Cebu City declares state of calamity in 28 mountain barangays due to el Niño
CEBU CITY, Philippines – In response to the escalating effects of the ongoing El Niño phenomenon, Cebu City has declared a “state of calamity” in 28 mountain barangays. This decision comes after a resolution was passed with reports of dwindling water sources and agricultural distress, prompting urgent measures to assist affected communities in the city. .....»»
Binance ban a boon to local crypto firms
Local crypto traders are now experiencing as much as four times higher transaction volumes as investors shift their tokens from Binance......»»
Stocks eke out gains, back at 6,900
The stock market eked out gains to move back up to the 6,900 level as investors continued to hunt for bargains......»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
Phl at the crossroads
As we all take a break this Holy Week, some of us will pause and ponder on our own individual journeys and think about what lies ahead......»»
UAAP volleyball enters break amid wide-open semis race
It’s the calm before the storm as teams embark on a much-needed pause ahead of an expected all-out race to the UAAP Season 86 volleyball tournaments Final Four......»»
Ministry helping improve BARMM’s business climate names 10 new officials
The Bangsamoro chief minister has filled out ten regional positions in one of the ministries under him to boost its operation as requested by business blocs enticing foreign investors to venture into viable businesses in the region......»»
BTr raises P120 billion from T-bond sale
The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»
You’re Regretting Your Most Recent Purchase – Now What?
Admit it, as we’ve all been there – that sinking feeling of regret that washes over us after making a purchase we thought we really needed (wanted), leaving us questioning our decisions and grappling with a sense of buyer’s remorse. Whether it’s a spontaneous splurge or a carefully considered purchase – one you’ve slept on, […].....»»
DENR defends LLDA on lake sharing
The Department of Environment and Natural Resources defended yesterday the decision of the Laguna Lake Development Authority to increase the share of commercial operators in Laguna de Bay, saying it was the local government units who recommended to President Marcos the modification in the sharing agreement as small fisherfolk could not meet the required supply of fish......»»
Malixi all geared up for Augusta Amateur debut
Rianne Malixi is channeling her excitement into thorough preparation ahead of her highly anticipated debut in the prestigious Augusta National Women’s Amateur unfolding April 3 in Augusta, Georgia......»»