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Helmut Lang and Ralph Lauren kick off New York Fashion Week
Amid sweltering heat and jitters over the Hollywood strike, New York kicked off its Spring-Summer 2024 Fashion Week on Friday, with heavyweights Ralph Lauren and Helmut Lang returning to the industry's flagship event with fresh ideas. American luxury brand Coach unveiled its collection of sensual translucent dresses at the New York Public Library in Manhattan on Thursday, but the event was briefly disrupted by animal rights activists. As Vogue editor Anna Wintour and Jennifer Lopez watched the show, two female protesters from the animal rights group PETA -- one covered in body paint that mimicked animal flaying and another holding a poster that read "Coach: Leather Kills" -- joined the models on the runway before security led them away. At another unofficial kick-off event on Wednesday, featuring Naomi Campbell, Doja Cat, Naomi Osaka and Gigi Hadid, the iconic lingerie label Victoria's Secret teased a film meant to showcase the brand's new and more inclusive identity after it was criticized for designing garments that objectify women. The film, entitled "The Victoria's Secret World Tour," to be released on Amazon Prime at the end of September, highlights the work of creators and artists from Lagos, London, Bogota, and Tokyo. Yellow taxi This year, New York Fashion Week will feature young talents and emerging brands, along with heavyweights such as Ralph Lauren, Michael Kors, 3.1 Phillip Lim, Altuzarra, Gabriela Hearst, Carolina Herrera, Tory Burch, and Luar. The city will then pass the baton to London, Milan, and Paris. "New York has always been a cornerstone of Fashion Week," said Steven Kolb, CEO of the Council of Fashion Designers of America. "It really underscores how strong it is, in terms of presenting creative thinking." Under the humid heat of the New York summer, the six-day marathon kicked off Friday afternoon in Manhattan's Lower East Side with a show by Helmut Lang, who rose to fame in the 1990s and 2000s, thanks to the minimalist aesthetic of the Austrian artist. Helmut Lang, the designer, left fashion in 2005 but Helmut Lang, the brand, lives on, bought by Prada and then by the Japanese group Fast Retailing, which owns Uniqlo. The brand now returns to the runways of the Big Apple with a collection concocted by its new artistic director, Peter Do, widely considered a fashion prodigy. The show had nostalgic undertones, a bow to the 1990s when it became the first fashion brand to advertise on New York yellow taxi signs. Fewer red carpets Another brand to make its return on Friday, albeit in Brooklyn where many of the fashion shows have migrated, was Ralph Lauren, the legendary brand that defined American elegance and embodied preppy US style with an annual turnover of more than $6 billion. The brand, whose founder was born in the Bronx, has not held a show in New York since 2019. This fashion season is marked by the double strike of Hollywood screenwriters and actors seeking better compensation, which has reduced the number of red carpet previews to a minimum, thus depriving brands of a chance to dress stars and promote themselves in the process. "Certainly, the red carpet is a way to speak to the audience," said Kolb, adding that fashion shows were no less important. The "content that they create for social channels will contribute to a very loud, very visible Fashion Week," he added. The post Helmut Lang and Ralph Lauren kick off New York Fashion Week appeared first on Daily Tribune......»»
Column: Woods gets to see and hear how the other half lives
By DOUG FERGUSON AP Golf Writer OLYMPIA FIELDS, Ill. (AP) — Tiger Woods arrived at Olympia Fields for the first time in 17 years, this time with no one around to chase after his every move from the moment he stepped out of the car until he walked off the course. That's not a bad thing. He'll be in a red shirt on Sunday with about the same number of people. That's not good, at least not for him. Woods is learning after three tournaments what others have begun to realize over the last three months. Some players thrive on energy from the crowd as a pick-me-up. Now the reaction, the volume, is the same for a birdie as a double bogey. Woods is one of those players who feeds off noise. “Always have,” he said. “I've played in front of thousands of people ever since I turned pro 24 years ago. It's always been odd when I haven't played in front of people. In one way, it's been nice between tees not getting tapped or getting a glove pulled out of my pocket. Those are things I've had to deal with for a very long time. “But you hit good shots and you get on nice little runs ... we don't have the same energy, the same fan energy.” This is not his issue alone, nor is it the reason he has yet to finish in the top 35 in the three tournaments he has played since golf returned from the coronavirus-caused shutdown. Hitting good shots and making putts goes a long way in any environment. Graeme McDowell was walking along the ninth fairway in the middle of his second round last week at the TPC Boston when he said he felt like a “golf zombie.” “It's like I have no soul,” he said. The courses are different and look the same. They're empty. McDowell spoke of needing the adrenaline he gets from the crowd around the first tee at a U.S. Open or Ryder Cup. Maybe some players do better with no one watching, especially if they're on edge and need something to calm them down. McDowell isn't one of them. Neither is Rory McIlroy. He played the final two rounds with Woods, as big a draw as there is in golf, with hardly anyone watching. Woods began the final round with four straight birdies and the only buzz came from Twitter. McIlroy knows about ebbs and flows in his game. He once missed four out of five cuts and won three out of four tournaments, all in a span of four months in 2012. But his play since returning to an empty stage in June is worth noting. He had had seven consecutive top 5s, including a victory at a World Golf Championship, and reached No. 1 in the world. Since the return, he has seven straight tournaments out of the top 10 and has yet to reach the back nine with a chance to win. Coincidence? Maybe. Three months off surely cost him some momentum. “This is going to sound really bad,” McIlroy said, “but I feel like the last few weeks, I've just been going through the motions. ... And look, that's partly to do with the atmosphere and partly to do with how I'm playing. I'm not inspiring myself, and I'm trying to get inspiration from outside sources to get something going. I can definitely see where Graeme is coming from." That might allow McIlroy to reconsider what he once said about Woods. He played with Woods and Justin Thomas in the opening two rounds at Riviera a few years ago and was amazed by all the commotion around Woods. “I swear, playing in front of all that, he gives up half a shot a day on the field. Like, it's two shots a tournament he has to give to the field because of all that goes on around,” McIlroy said that day. “Whoever is teeing off at 8:30 in the morning doesn't get that and can just go about his business. He has to deal with that every single time.” McIlroy missed the point. If all that commotion costs Woods two shots to the field, what does it cost the players with him? Right now, nothing. Without spectators, has Woods lost an advantage he once had? “Absolutely,” Woods replied. "Anyone who has played in front of thousands of people, it is very different. That's always been one of the things I've become accustomed to. The guys who played with me, who haven't become accustomed to it, they have only experienced one round here and there. That's been every round I've played for over two decades. “That advantage — for me, and some of the other top players — trying to deal with all that noise and the movement, that experience is no longer there.” Nick Faldo touched on this when he was discussing the 10-year anniversary of Woods winning the 1997 Masters, a watershed moment in golf. Faldo said that when he slipped the green jacket on Woods that Sunday, he thought the Masters would be the only major he could win. Sure, Augusta National suited his game. “But also because the Masters was the only major that the media was kept outside the ropes,” Faldo said. "And I thought that was going to be his biggest challenge. Now it’s his greatest asset. Everyone joining him now on the weekend at a major goes into his world. That’s Tiger’s arena. Other guys will step into that arena one week and go back out. He’s there all the time. And good luck coming into his world.” It's a new world for everyone now. It's especially different for Woods, not so much for some of the players paired with him. For the less accomplished players who always wondered what it was like to be in his shoes, the absence of spectators has allowed Woods to see what it's like to be in theirs......»»
Lakers rip Mavs, returning Luka
The Los Angeles Lakers, fueled by a near triple-double from Anthony Davis, spoiled Luka Doncic’s return from injury with a convincing 127-110 NBA victory over the Dallas Mavericks on Wednesday......»»
NATO state raises interest rates to 40%
The Turkish central bank's rate hike was double economists' expectations Trkiye's central bank hiked its key interest rate to 40% on Thursday in an effort to tackle soaring inflation. The rise by another 500 basis points from the previous 35% is double the increase that economists expected. The projecti.....»»
Netanyahu says Israel ‘preparing’ Gaza ground war
Prime Minister Benjamin Netanyahu said Wednesday that Israel is readying a ground war in Gaza, pressing ahead with plans that have troubled allies and threaten to worsen an already cascading humanitarian crisis. Facing ever-louder international calls to temper Israel's ferocious 19-day bombing campaign in the Hamas-controlled territory, Netanyahu delivered a nationally televised address. He told fellow Israelis still grieving and angry after Hamas's bloody attacks: "We are in the midst of a campaign for our existence," while insisting Israel will decide how the war is prosecuted. On 7 October, throngs of Hamas gunmen poured from Gaza into Israel, killing 1,400 people, mostly civilians, and kidnapping 222 more, according to official tallies. US President Joe Biden is among the foreign leaders stepping up public calls for Israel to "protect innocent civilians" and to follow the "laws of war" as it pursues Hamas targets. Thousands of Gazans are already believed to have died in Israel's aerial assault, with the toll expected to rise substantially if tens of thousands of Israeli troops massed around Gaza move in. Biden on Wednesday said he had privately suggested Israel should get hostages out if possible before any ground invasion. "It's their decision, but I did not demand it", Biden said, as he called on Congress to allocate more money for Israeli defense. Speaking in Cairo, French President Emmanuel Macron warned: "A massive intervention that would put civilian lives at risk would be an error." But boasting of "raining down hellfire on Hamas" and killing "thousands of terrorists", Netanyahu said his war cabinet and the military would determine the timing of a "ground offensive" to "eliminate Hamas" and "bring our captives home." "I will not detail when, how, or how many," he said. 'It's a massacre' Gaza's Hamas-controlled health ministry puts the number of Palestinian deaths at 6,500, including many children and 700 people killed in a single 24-hour window this week. AFP could not independently verify the ministry's claims, and US President Biden has stated he has "no confidence" in the Hamas ministry figures. While the exact toll from the war in Gaza is unclear, the depth of the suffering is not in question. Entire neighborhoods have been razed, overflowing hospitals carry out procedures without anesthetic, and residents have been forced to use ice cream trucks as makeshift morgues. "They're not waging war on Hamas, they're waging war on children," raged Abu Ali Zaarab, after his family home was bombed in the southern town of Rafah. "It's a massacre." About 1.4 million people -- more than half the population -- have been displaced, according to the United Nations. The UN says 12 of the territory's 35 hospitals have closed due to damage or insufficient fuel, and a key UN aid agency serving almost 600,000 Palestinians "began to significantly reduce its operations." Israel has cut off Gaza's normal supply corridors for water, food, and other necessities, and fewer than 70 relief trucks have entered the impoverished territory since the war began. None contained fuel, which Israel fears Hamas will use for rockets and explosives. Aid agencies have warned that more people will die if medical equipment, water desalination plants, and ambulances stop operating because of a lack of fuel. Once the generators stop, hospitals will "turn into morgues", the Red Cross has warned. Hospitals are also struggling with a shortage of medicines and equipment. "There's not enough anesthetic," said Ahmad Abdul Hadi, an orthopedic surgeon working at Nasser Hospital in Khan Yunis. "The wounded are in severe pain but we can't wait for the procedure, so we're forced to do the operation. We performed a number of surgeries without anesthetic. It's tough and painful, but with the lack of resources, what can we do?" A regional 'explosion' The war has sparked fears of a regional conflagration if it draws in more of Israel's enemies. Since October 7, Israel has launched thousands of reprisal strikes in Gaza, but it has also hit targets in Lebanon and Syria. Late Wednesday, Lebanon-based Hezbollah fired what Israel said was a surface-to-air missile at an Israeli drone. Israel's military said it had intercepted the missile and "struck the source of the launch" in retaliation. Hamas, Hezbollah, and Syria's government are backed by Iran, which denies Israel's right to exist. Tehran's top diplomat on Wednesday accused Israel of carrying out "genocide" in Gaza. Jordan's King Abdullah became the latest leader to warn that ongoing violence could "lead to an explosion" in the region. His wife Queen Rania accused Western leaders of a "glaring double standard" for not condemning Israel's killing of Palestinian civilians in its bombardment of Gaza. Violence has also risen sharply in the occupied West Bank, where health officials said more than 100 Palestinians had been killed, mostly in raids by Israeli troops or in clashes with Israeli settlers. The post Netanyahu says Israel ‘preparing’ Gaza ground war appeared first on Daily Tribune......»»
Dissident author warns Russians in Europe to be on guard
Russian author Sergei Lebedev's novel "Untraceable", about an undetectable toxin used to target Kremlin critics, was released a few years ago but has taken on added resonance as alleged poisonings have multiplied. Now the dissident writer is warning that the Russian exile community in Europe faces an ever greater threat amid heightened tensions over the Ukraine war. "This emigre community in Europe is now one of the most important targets for the Russian security (services)," the 42-year-old, now based in Germany, told AFP in an interview at the Frankfurt Book Fair this week. "There will be attempts to infiltrate, to get informants... Of course, there will be some assassination attempts." In Germany -- which Lebedev describes as a "hub" for overseas Russians -- there have been a growing number of suspected cases of Kremlin critics being targeted. In May, German police said they were investigating the possible poisoning of exiled Russians after an activist, Natalia Arno, reported health problems following a Berlin meeting of dissidents. Meanwhile, Berlin-based Russian journalist Elena Kostyuchenko wrote in a Guardian article last month about how she fell ill last year after visiting Munich, and poisoning was suspected. Inside Russia, the most high-profile case in recent years of a Kremlin critic allegedly being poisoned was that of opposition politician Alexei Navalny. Moscow has repeatedly dismissed allegations that it has targeted critics in this way. But Western governments say evidence points to the contrary and for Lebedev, Russians in Europe are not taking the threat seriously enough. 'Very eerie' "They are not very much concerned with security," he said. "They do not understand the principles of how the security services work." "Untraceable", which tells the story of an ageing scientist who creates a highly toxic, undetectable poison, was inspired by the 2018 poisoning of former double agent Sergei Skripal in Salisbury, England. And it was around the time that the book was published in Russia that opposition politician Navalny was allegedly poisoned -- a development that Lebedev said he found "very eerie". While he has been vocal about his opposition to Russia's invasion of Ukraine, he does not believe he faces a threat himself. He has not found himself in the crosshairs of the authorities and feels he does not run the same level of risk as others, such as critical journalists, particularly those still trying to report from inside Russia. Still, Lebedev -- who moved to Germany five years ago with his wife -- said he has been taking extra precautions, particularly when it comes to exchanging sensitive information. Before becoming a full-time writer, Lebedev worked as a geologist and later as a journalist. He was motivated to write a novel after discovering his grandmother's second husband had been the commander of a Soviet labor camp. He was shaken by the revelation and faced the question of how to "deal with this personally -- with the fact that in your family (there) was a murderer". "I realized that the way out was to write a novel." 'Shocked' at Ukraine war The result was the book "Oblivion", about the legacy of the Soviet prison camp system, which was released about a decade ago and launched his literary career. He has since written several books and his latest is a collection of short stories, "A Present Past: Titan and Other Chronicles". It reflects what he believes is Russia's tortured relationship with the Soviet era -- and society's failure to come to terms with the past -- as well as aspects of its problematic present. Lebedev, who lives in Potsdam outside Berlin, did not flee his homeland. He first moved to Germany for professional reasons. But he has not returned since Russia's invasion of Ukraine, fearing it is not safe to do so. He said he was "shocked" when Moscow sent its forces into Ukraine. "I was the same idiot as many of us were, thinking that Putin is a... modern autocratic, modern dictator and not the blood-thirsty maniac that he is." He sees no swift end to the conflict. "The most difficult and problematic thing is that Russians are getting used to the fact that they are at war but still life is sustainable," he said. The post Dissident author warns Russians in Europe to be on guard appeared first on Daily Tribune......»»
Senate titan Dianne Feinstein dead at 90
Veteran Senator Dianne Feinstein, a titan of US political history who notched a string of legislative achievements during a trailblazing three-decade career in the Senate, has died at 90 years old, US media said Friday. Feinstein, the Senate's oldest member, was celebrated as a pioneer for women in politics and a hugely effective legislator. During a career that began in local California government, she grew to be a tough check on administrations from both parties. She had already announced her retirement this February as her health worsened and following a number of missteps that threatened her legacy. The Californian, who was widowed last year, became San Francisco's first female mayor after the fatal shooting in 1978 of Harvey Milk, the country's only openly gay politician, and mayor George Moscone by a disgruntled former colleague. Other dramatic moments including surviving an attempted bombing of her home. She was also near the scene of an infamous double murder in San Francisco. Her death is not expected to shift the tight balance of power in the Senate, with the Democratic governor of California appointing her temporary replacement. Summing up her dedication to public service, Feinstein once said that "even with a divided Congress, we can still pass bills that will improve lives. Each of us was sent here to solve problems." "That's what I've done for the last 30 years, and that's what I plan to do for the next two years." Democrats in her home state led tributes as news of the senator's death cast a pall over proceedings in Congress, with staff placing flowers on Feinstein's desk in the Senate chamber, according to Fox News. "She was a trailblazer and dedicated her life to public service," said David Valadao, a member of California's delegation in the House of Representatives. An icon in Senate politics who took the lead on hundreds of bills, Feinstein rose to the chairmanship of the powerful intelligence committee -- another first for a woman. Her achievements include writing the 1994 assault rifle ban and producing a 6,700-page report on the CIA torture program during the US "war on terror." But it was in her home state of California where she first made her mark. As the first female Board of Supervisors president in San Francisco, Feinstein led the city through the tumult that followed the fatal shootings in 1978 of Milk. She replaced the mayor and served for 10 years as a no-nonsense pragmatist, willing to work across the aisle, balancing nine budgets in a row and being declared the nation's "Most Effective Mayor" by local government bible City and State Magazine. Latterly, the pandemic and her husband's declining health curtailed her public appearances outside of Congress and she faced growing misgivings about her declining cognitive abilities, raised by figures in her own party. The youngest member of Congress, 26-year-old Maxwell Frost, described Feinstein as a "champion for Gun Violence Prevention that broke barriers at all levels of government." "We wouldn't have had an assault weapons ban if it wasn't for Senator Feinstein and due to her tireless work, we will win it back," he posted on social media. The post Senate titan Dianne Feinstein dead at 90 appeared first on Daily Tribune......»»
Tolentino: Our athletes are prepared
Team Philippines will be prepared and ready to win when it marches to the 19th Asian Games that will open on Saturday at the Hangzhou Olympic Sports Center Stadium in Hangzhou, China. No less than Philippine Olympic Committee president Abraham “Bambol” Tolentino declared their readiness, saying that they will deploy the best and most prepared athletes in the prestigious quadrennial meet that got delayed by a year due to Covid pandemic. Weightlifter Hidilyn Diaz, the first Filipino to win an Olympic gold medal, will be at the helm together with other standouts like pole vaulter EJ Obiena, swimmer Kayla Sanchez, and boxers Eumir Marcial, Nesthy Petecio and Carlo Paalam. Although expectations will be tempered on the chances of Diaz as she will compete in the heavier 59-kilogram category, she is still expected to make her presence felt as she had already warmed up in the World Weightlifting Championships in Riyadh, Saudi Arabia after finishing seventh. Even the boxers will be ready as they are coming off an intensive training in India and Australia in a bid to dominate the Asian Games that will also serve as a qualifying tourney for the Paris Olympics. Tolentino said he has high hopes for the 396-man national delegation. “We are very much prepared. Some of our athletes are coming off from their training abroad,” said Tolentino, who will join Philippine Sports Commission chairman Richard “Dickie” Bachmann in leading the send-off ceremony for Team Philippines on Monday at the Philippine International Convention Center. In the previous edition of the Asian Games in Jakarta in 2018, the Filipinos finished 19th after pocketing four gold, two silver and 15 bronze medals. It was the country’s best finish since grabbing five gold medals in 1951 in New Delhi, seven gold medals in 1962 in Jakarta, eight gold medals in 1958 in Tokyo and 14 gold medals in 1954 in Manila. The first batch of Filipino athletes had already left for Hangzhou. First to leave were Olympian Cris Nievarez and the national rowing team composed of Joanie Delgaco, Tammy Sha, Feiza Lenton, Edgar Ilas, and Zuriel Sumintac with coaches Shukhrat Ganiev, Ed Maerina, Nic Jasmin and Con Fornea. The rowers will kick off their campaign in the men’s single sculls, lightweight men’s double sculls, women’s single sculls, and lightweight women’s double sculls on Wednesday at the Olympic Sports Expo Center. Also first to arrive in the bustling city in Hangzhou, the capital and most populous city in Zhejiang Province, are the staff of the national women’s football team, windsurfers and indoor and beach volleyball players. The national booters, popularly known as the Filipinas, are expected to arrive in the coming days in batches as they kick off their campaign on Tuesday. Tolentino said exceeding their performance in the previous Asian Games will already be considered as a success. “This will be the best of the team. We hope to exceed our performance for the last four years,” said Tolentino, who is pinning his hopes on Diaz as well as Asia’s best vaulter Obiena, Olympic medalists Marcial, Petecio and Paalam, and two-time Olympic medalist Sanchez. “We have high hopes for medals in weightlifting, boxing, swimming, and e-sports, with potential surprises in martial arts as well.” The post Tolentino: Our athletes are prepared appeared first on Daily Tribune......»»
Pinoy rowers face rough waters
The national rowing team braces for tough battles in the 19th Asian Games starting Wednesday at the Fuyang Water Sports Centre in Hangzhou, China. National rowing team assistant coach Nic Jasmin said countries like China, Iran, Thailand and Japan will be their biggest challenges as they seek to return to the medal podium of this prestigious quadrennial meet for the first time in more than two decades. Bannered by Tokyo Olympics veteran Cris Nievarez, the six-man rowing team composed of Joanie Delgaco, Tammy Sha, Feiza Lenton, Edgar Ilas and Zuriel Sumintac was the first delegation to leave for Hangzhou over the weekend. Nievarez will see action in the men’s single sculls while Southeast Asian Games silver medalist Delgaco will vie in the women’s single sculls. SEA Games bronze medalists Ilas and Sumintac will compete in the lightweight men’s double sculls with Lenton and Sha participating in the lightweight women’s double sculls. The last time the Philippines brought home an Asian Games medal in rowing was in 2002 in Busan, South Korea in which Alvin Amposta and Nestor Cordova snagged a bronze medal in the lightweight women’s double sculls. This year, Jasmin admitted that the battles will not be easy. “Japan is strong in the single sculls alongside Iran. China is expected to be strong in rowing but that will depend on the flow of the tournament,” Jasmin, whose wards will be seeing action in the Asian Games for the first time since 2016, said. “Thailand really prepared for this tournament since their team competed in world tournaments this year and hired two foreign coaches.” Jasmin, however, stressed that the Asian Games will be a perfect opportunity for them to scout the opposition in the Paris Olympics next year. The post Pinoy rowers face rough waters appeared first on Daily Tribune......»»
Robot fried chicken: entrepreneur seeks to improve S. Korea’s favorite food
In fried-chicken-obsessed South Korea, restaurants serving the nation's favorite fast-food dish dot every street corner. But Kang Ji-young's establishment brings something a little different to the table: a robot is cooking the chicken. Eaten at everything from tiny family gatherings to a 10-million-viewer live-streamed "mukbang" -- eating broadcast -- by K-pop star Jungkook of BTS fame, fried chicken is deeply embedded in South Korean culture. Paired with cold lager and known as "chimaek" -- a portmanteau of the Korean words for chicken and beer -- it is a staple of Seoul's famed baseball-watching experience. The domestic market -- the world's third largest, after the United States and China -- is worth about seven trillion won ($5.3 billion), but labor shortages are starting to bite as South Korea faces a looming demographic disaster due to having the world's lowest birth rate. Around 54 percent of business owners in the food service sector report problems finding employees, a government survey last year found, with long hours and stressful conditions the likely culprit, according to industry research. Korean fried chicken is brined and double-fried, which gives it its signature crispy exterior, but the process -- more elaborate than what is typically used by US fast food chains -- creates additional labor and requires extended worker proximity to hot oil. Enter Kang, a 38-year-old entrepreneur who saw an opportunity to improve the South Korean fried chicken business model -- and the dish itself. "The market is huge," Kang told AFP at her Robert Chicken franchise. Chicken and pork cutlets are the most popular delivery orders in South Korea, and the industry could clearly benefit from more automation to "effectively address labor costs and workforce shortages", she said. Kang's robot, composed of a simple, flexible mechanical arm, is capable of frying 100 chickens in two hours -- a task that would require around five people and several deep fryers. But not only does the robot make chicken more efficiently -- it makes it more delicious, says Kang. "We can now say with confidence that our robot fries better than human beings do," she said. Investing in 'foodtech' Already a global cultural powerhouse and major semiconductor exporter, South Korea last year announced plans to plough millions of dollars into a "foodtech" fund to help startups working on high-tech food industry solutions. Seoul says such innovations could become a "new growth engine", arguing there is huge potential if the country's prowess in advanced robotics and AI technology could be combined with the competitiveness of Korean food classics like kimchi. South Korea's existing foodtech industry -- including everything from next-day grocery delivery app Market Kurly to AI smart kitchens to a "vegan egg" startup -- is already worth millions, said food science professor Lee Ki-won at Seoul National University. Even South Korea's Samsung Electronics -- one of the world's biggest tech companies -- is trying to get in on the action, recently launching Samsung Food, an AI-personalized recipe and meal-planning platform, available in eight languages. Lee predicted South Korea's other major conglomerates are likely to follow Samsung into foodtech. "Delivering food using electric vehicles or having robots directly provide deliveries within apartment complexes, known as 'metamobility', could become a part of our daily lives," he said. "I am confident that within the next 10 years, the food tech industry will transform into the leading sector in South Korea." 'Initially struggled' Entrepreneur Kang now has 15 robot-made chicken restaurants in South Korea, and one branch in Singapore. During AFP's visit to a Seoul branch, a robot meticulously handled the frying process -- from immersing chicken in oil, flipping it for even cooking, to retrieving it at the perfect level of crispiness, as the irresistible scent of crunchy chicken wafted through the shop. Many customers remained oblivious to the hard-working robotic cook behind their meal. Kim Moon-jung, a 54-year-old insurance worker, said she was not sure how a robot would make the chicken differently from a human "but one thing is certain -- it tastes delicious". The robot can monitor oil temperature and oxidation levels in real time while it fries chicken, ensuring consistent taste and superior hygiene. When Kang first started her business she "initially struggled" to see why anyone would use robots rather than human chefs. But "after developing these technologies, I've come to realize that from a customer's perspective, they're able to enjoy food that is not only cleaner but also tastier", she told AFP. Her next venture is a tip-free bar in Koreatown in New York City, where the cocktails will feature Korea's soju rice wine -- and will be made by robots. The post Robot fried chicken: entrepreneur seeks to improve S. Korea’s favorite food appeared first on Daily Tribune......»»
Bohol beneficiaries receive ‘happy homes’
In a gesture of compassion and community spirit, elderly Commissioners and Faith Corps from Tzu Chi Manila flew to Bohol on 18 August 2023 to help transform the lives of three beneficiaries of the “Happy Home” project in Bohol. This charitable initiative aimed to provide hope and stability to those who had their homes severely battered by typhoon “Odette” in December 2021. The volunteers set off from Tagbilaran City to Sagbayan to turn over new homes to their owners. [caption id="attachment_182279" align="aligncenter" width="1600"] The ‘Happy Home‘ turnover coincided with Gleceria Celades’ birthday, making it a double celebration for the 87-year-old recipient.[/caption] Fernando Navarez, 62, a bachelor from Katipunan, Sagbayan Bohol, faced paralysis and speech impairment when he suffered a stroke in 2012. After typhoon “Odette” destroyed his home, he tried to rebuild a shanty for his shelter located on top of a slope, while barangay officials supported him through monthly food rations. Upon learning of Tzu Chi Bohol’s “Happy Home” project, one of his neighbors sought help for him to have a liveable home. Navarez was most grateful for the home he received from the charity organization. Gleceria Celades, 87, from Canmaya Diot in Sagbayan, lived alone in home built from salvaged materials that was then destroyed by typhoon “Odette.” The “Happy Home” turnover coincided with her birthday, making it a meaningful double celebration for Celades, who said the moment was a turning point in her life. Finally, 64-year-old Felipa Gonzaga, a resident of San Roque in Sagbayan, turned to Tzu Chi Bohol for assistance following the devastating aftermath of “Odette.” Felipa and her family found refuge in their daughter's dwelling nearby, living off mainly on the senior citizen pension of Felipa and her husband. [caption id="attachment_182295" align="aligncenter" width="1600"] Felipa Gonzaga (left), 64, and her family can now rebuild anew in their new home.[/caption] But with the help of Tzu Chi, now she can rebuild anew and restore the safety and stability of her family's abode. The post Bohol beneficiaries receive ‘happy homes’ appeared first on Daily Tribune......»»
SpaceX’s Starship to remain grounded after explosion probe
SpaceX's Starship, the most powerful rocket ever built, must remain grounded while Elon Musk's company completes dozens of corrective actions to prevent a repeat of the spectacular explosion that marred its first orbital test flight, regulators said Friday. The 63 steps include "redesigns of vehicle hardware to prevent leaks and fires, redesign of the launch pad to increase its robustness," additional testing of safety systems, and more, the Federal Aviation Administration said in a statement after completing a months-long review. SpaceX blew up the uncrewed rocket four minutes after it blasted off from the company's Starbase in Boca Chica, Texas, on 20 April. Starship experienced multiple engine failures and its first-stage booster did not separate from the spacecraft above it. The rocket disintegrated into a ball of fire that crashed into the Gulf of Mexico, while a cloud of dust floated over a small town several miles (kilometers) away. Musk immediately congratulated his SpaceX team on an "exciting" test launch and declared it a success because the company would gain valuable insights into what went wrong. The FAA however quickly launched an investigation, while conservation groups announced they would sue the regulator for not doing enough to protect the environment given the proximity of a vital habitat for protected species. Though the probe has now been completed, "the closure of the mishap investigation does not signal an immediate resumption of Starship launches at Boca Chica," said the agency. "SpaceX must implement all corrective actions that impact public safety and apply for and receive a license modification from the FAA that addresses all safety, environmental, and other applicable regulatory requirements prior to the next Starship launch" it added. A new Starship currently stands ready at the launchpad, according to publicity material posted by SpaceX on X, formerly known as Twitter. In a statement, the company reiterated its position that the first test "was a critical step in advancing the capabilities of the most powerful launch system ever developed" and "provided numerous lessons learned that are directly contributing to several upgrades being made" to the vehicle and ground structures. Starship, which stands 394 feet (120 meters) tall, produces 16.7 million pounds (74.3 Meganewtons) of thrust, more than double that of the Saturn V rockets used to send Apollo astronauts to the Moon. SpaceX foresees it as a next-generation, fully reusable spaceship that will eventually carry both crew and cargo to Mars. NASA has contracted a version of Starship to function as a lander craft for its Artemis program to return astronauts to the Moon by the middle of this decade. The post SpaceX’s Starship to remain grounded after explosion probe appeared first on Daily Tribune......»»
Dazzling Biles wins record eighth US all-around gymnastics title
Simone Biles dazzled on floor exercise Sunday on the way to a record eighth all-around title at the US Gymnastics Championships, another step on a comeback trail pointing toward the Paris Olympics. The four-time Olympic gold medallist electrified the SAP Center crowd with a soaring floor routine that included a rock-solid landing on her signature Biles I tumbling pass of double layout with a half-twist. It was her final event of the competition and brought ecstatic fans to their feet, earning a score of 15.400 for a triumphant all-around total of 118.450 points. Shi Jones, last year's world championships all-around silver medallist, was second, 3.9 points back. Biles broke the record for most all-around titles for a man or woman, set by Alfred Jochim with his seventh in 1933 and matched by Biles in 2021. Biles had taken control on Friday with a dazzling version of her Yurchenko double pike vault that was awarded 9.8 for execution and scored a whopping 15.700. She was the only competitor to finish the two days of competition with two scores of 15 or higher. Jones produced the only other score of 15 -- with a 15.0 on Sunday's uneven bars. Biles's triumph came in just the second competition of her return from a two-year break, which followed her dramatic withdrawal from multiple events at the pandemic-delayed Tokyo Olympics in 2021. She was the sport's dominant force and out to defend four gold medals won in Rio when she pulled out of most of her events in Tokyo citing the "twisties" -- the dangerous phenomenon in which gymnasts lose their sense of where they are in the air. Biles did earn a balance beam bronze in Tokyo, and now she looks set to contend again at next month's World Championships in Antwerp and, by extension, the Paris Olympics next year. bb/js © Agence France-Presse The post Dazzling Biles wins record eighth US all-around gymnastics title appeared first on Daily Tribune......»»
Heat stress could threaten health of one billion cows
By the end of the century, more than one billion cows worldwide could suffer from heat stress if global warming continues unabated, threatening their fertility, milk production, and lives, according to research published on Thursday. Nearly eight out of 10 cows across the planet are already experiencing excessively high body temperatures, spiked respiration rates, bowed heads, and open-mouthed panting -- all symptoms associated with severe heat stress, the study said. In tropical climates, 20 percent of cattle endure those symptoms year-round. These numbers are projected to balloon if cattle farming continues to expand in the Amazon and Congo basins, where temperatures are on track to rise more quickly than the global average. If emissions of climate-heating greenhouse gases continue to rise, the study predicts heat stress will become a year-round problem in Brazil, southern Africa, northern India, northern Australia, and Central America by 2100. "A very important determinant of how many cows are exposed to this heat is decisions about land-use change," lead author Michelle North of the University of KwaZulu-Natal in South Africa told AFP. "Deforestation of tropical forests for livestock expansion is not a viable development future, because it makes climate change worse and will expose hundreds of millions more cattle to severe heat stress," she added. The study, published in Environmental Research Letters, found that in a worst-case scenario, cattle husbandry will nearly double in Asia and Latin America and increase more than fourfold in Africa. Losing livelihoods If greenhouse gases are curbed sufficiently -- including by cutting the use of fossil fuels and by limiting the expansion of cattle farming -- the number of cows suffering could be reduced by half in Asia and by four-fifths in Africa. Commercial ranchers stand to lose a lot of money from heat stress. It already costs as much as 1.7 billion dollars annually in the United States alone. But these farmers usually have insurance, good relations with banks, and the ability to draw on loans to help them recover from heat-related losses, said North. When heat or other climate disasters hit small-scale farmers, however, "it can lead to farmers literally losing their livelihoods, even if the net losses may appear 'negligible'", she said. North and her team found that global milk supplies would be reduced by 11 million tonnes per year by 2050 under a high greenhouse gas emission scenario. If emissions are aggressively reduced, nearly half of that amount would still be lost, mostly in Asia and Africa, where milk supplies are already low. In the near term, overheated cows can be helped by providing them with access to shade and fans, and feeding them earlier in the day. The post Heat stress could threaten health of one billion cows appeared first on Daily Tribune......»»
DoubleDragon’s subsidiary conducts Topping Off of ASCOTT at DD Meridian Park
DoubleDragon's subsidiary conducts Topping Off of ASCOTT at DD Meridian Park as the building structure and topmost floor of the project have been completed on Tuesday, 22 August. ASCOTT-DD Meridian Park, with over 300 luxury serviced residences located right behind DoubleDragon Plaza, is expected to be operational and begin to generate recurring revenues by 2024. [caption id="attachment_174149" align="aligncenter" width="1024"] Perspective of Ascott-DD Meridian Park[/caption] The premium luxury development ASCOTT-DD Meridian Park will complete and further enhance the mix of the whole complex as it is positioned to be the Mini-CBD (Central Business District) in the Bay Area of Pasay City, Metro Manila. The Ascott Limited is a subsidiary of Singapore-based property company Capital Land, which has operations worldwide will operate and manage Ascott-DD Meridian Park. [caption id="attachment_174150" align="aligncenter" width="603"] DoubleDragon Plaza at DD Meridian Park is positioned as a mini central business district (CBD) in the Bay area given its prime landmark double corner location of EDSA, Roxas Boulevard and Macapagal Avenue in the Bay Area, Pasay City, Metro Manila.[/caption] DoubleDragon Plaza is LEED Gold certified and currently houses two government agency headquarters namely PEZA (Philippine Economic Zone Authority) and TIEZA (Tourism Infrastructure Economic Zone Authority) and expects to soon welcome an additional third government agency to relocate its headquarters in the complex, in addition to many private corporate head offices in the complex. DoubleDragon Plaza at DD Meridian Park as a complex brings undeniable advantage to a variety of office tenants whether corporations, government agencies, or BPO companies, given its very prime landmark location with various top food chain brands on the Ground Floor such as Jollibee, Mang Inasal and many others. DD Meridian Park is like a mini-CBD in the Bay Area being the only complex in the area that has 8 commercial banks (Landbank, RCBC, PNB, BPI, AUB, Unionbank, Chinabank, and BDO) making it uniquely convenient for office tenants to complete their banking transactions all within their proximity. These dining and banking options are further complemented by a full-sized supermarket, MerryMart Grocery, located on the Ground Floor of DoubleDragon Plaza. The complex also houses thousands of parking slots, with a separate conveniently located large parking area in the basement solely dedicated to outside customers who visit DD Meridian Park either for business meetings or leisure. DoubleDragon Plaza is located in a landmark double corner location, just a 10-15 minute drive to NAIA airport via NAIAx, a few minutes drive to the top 3 convention centers in the Philippines (PICC, SMX, and World Trade Center), and not too far from other CBDs in Metro Manila. The 5-hectare DoubleDragon Meridian Park complex is expected to be fully developed by 2024 and to become a fully mature prime hard asset portfolio, generating optimum level of recurring revenues by 2025. The foregoing disclosure contains forward looking statements that are based on certain assumptions of Management and are subject to risks and opportunities or unforeseen events. Actual results could differ materially from those contemplated in the relevant forward looking statement and DoubleDragon gives no assurance that such forward-looking statements will prove to be correct or that such intentions will not change. This Press Release discloses important factors that could cause actual results to differ materially from DoubleDragon’s expectations. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on behalf of the Company are expressly qualified in their entirety by the above cautionary statements. The post DoubleDragon’s subsidiary conducts Topping Off of ASCOTT at DD Meridian Park appeared first on Daily Tribune......»»
Saudi executes US national convicted of killing Egyptian father
The death sentence for Bishoy Sharif Naji Naseef was carried out in the Riyadh region, the official Saudi Press Agency said. The Gulf Kingdom is frequently criticized for its prolific use of capital punishment, which human rights groups say undermines its bid to soften its image through a sweeping "Vision 2030" social and economic reform agenda. A court found that Naseef, whose age was not given, beat and strangled his Egyptian father to death and mutilated him after he died, and that he also used drugs and attempted to kill another person, SPA said. The mode of execution was not specified, but Saudi Arabia has in the past often used beheading when implementing the death penalty. Riyadh's ally the United States did not immediately comment on the execution. "We are aware of those reports and are monitoring the situation but don't have any specifics," State Department spokesman Vedant Patel told reporters. He said a US consular official last visited Naseef in July. Saudi Arabia was the world's third most prolific executioner last year, Amnesty International has said. More than 1,000 death sentences have been carried out since King Salman assumed power in 2015, according to a report published earlier this year by the European Saudi Organisation for Human Rights and the Britain-based group Reprieve. A total of 91 people -- 19 of them foreigners -- have been executed so far this year, according to an AFP tally based on state media reports. As well as the US national, those put to death came from countries including Bahrain, Bangladesh, Egypt, India, Jordan, Nepal, Pakistan, the Philippines, and Yemen. Last year's announced figure of 147 executions was more than double the 2021 figure of 69. Executions for drug crimes resumed in 2022, ending a moratorium that lasted for almost three years. The 2022 total included 81 people put to death on a single day for offenses related to "terrorism", an episode that sparked an international outcry. Crown Prince Mohammed bin Salman, King Salman's son, and the de facto ruler, has said on multiple occasions that the kingdom was reducing executions. In a transcript of an interview with The Atlantic magazine published by state media in March 2022, Prince Mohammed said the kingdom had "got rid of" the death penalty except for cases of murder or when someone "threatens the lives of many people". The post Saudi executes US national convicted of killing Egyptian father appeared first on Daily Tribune......»»
Teves claims persecution, wants House panel to back off
Negros Oriental Rep. Arnies Teves, who has been the subject of the House committee on ethics and privileges for months now owing to "disorderly behavior" that has led to a double suspension, wants the House to terminate its proceedings against him. Ferdinand Topacio, the lead legal counsel of Teves, delivered before the panel chaired by Rep. Felimon Espares a letter dated 10 August from the lawmaker asking the committee to defer its further proceedings, claiming the accusations leveled against him are "clearly baseless" and "meant to "politically harass and persecute" him. Teves argued that the panel's continued proceedings breached its own rules, Section 2 of which states that "if the subject matter of the complaint against a Member of the House is pending before a judicial, quasi-judicial or administrative body, the Committee shall defer action on said complaint until final judgment has been rendered by such body." Citing the rules, Topacio said Teves' terrorist tag is currently pending before the Anti-Terrorism Council and may be raised to the court. Teves' letter countered the panel's letter on 1 August, relative to the lawmaker's alleged acts or omissions that supposedly constitute a violation of the Code of Conduct of the House of Representatives and for disorderly behavior. The embattled solon is being called to account for his recent designation as a terrorist, his supposed abandonment of office resulting from his prolonged absence in Congress and dancing in boxer shorts in a video uploaded on his social media account. Teves questioned why the panel, after the lapse of his second "questionable" 60-day suspension, wanted him to undergo the same process on the same matters, which he considered "clearly uncalled for as they are acts of persecution against me." "Honestly, it saddens me that this Committee is being used as a tool by this current administration to persecute me on my acts which are nothing but lawful," Teves said in the letter. "May I remind you that what you are doing can become a dangerous precedent to future innocent acts of any member of the House, including yourself and the Speaker," he added. He further noted that the panel's proceedings are being used as a vehicle to pressure him to return to the country, "knowing full well" that there are threats to his life and limb which recent events, including a publicized video of death threats, have validated. But despite the security concerns, no law enforcement authority has even investigated the perpetrator, according to the solon. "In similar fashion, the authorities have also deliberately ignored all evidence of another possible angle in the Degamo murder, since the same points to a political ally of the administration. This is the unfortunate reality that engulfs this nation at present, and which prevents me from repatriating myself," Teves added. Teves, whose second suspension lapsed earlier this August, is being implicated in the murder of his political foe, Negros Oriental governor Roel Degamo, and eight others on 4 March in the governor's residence in Pamplona town, for which he is being tagged as the mastermind. Right before the killing, Teves flew out of the country and has yet to return due to what he claims are serious threats to his life. His continued stay out of the country, notwithstanding an expired travel clearance, prompted the suspension. He, however, again insisted that he never abandoned his duty as a lawmaker and stressed that he has been clamoring to be allowed to participate in legislative proceedings, which he argued is permitted by House rules and that his colleagues "equally enjoy" and "exercise". Teves claimed he has evidence supporting his assertion that he attempted to participate in several hearings but was blocked from doing so. As to his physical absence, he said, "Again, I repeat: the principal reason why I have been unable to attend sessions is due to grave and serious threats to my life, threats which have persisted and even intensified, as just two days ago." "I have received verifiable reports that armed men, without any court order such as a search warrant, have been in and out of my residence in Bayawan, for the purpose most probably of planting evidence." The post Teves claims persecution, wants House panel to back off appeared first on Daily Tribune......»»
Shell Pilipinas profitable anew despite snags
Driven by continued innovation in serving a growing customer base, Shell Pilipinas Corp. or SPC, the local unit of oil giant Royal Dutch Shell, has returned to profitability in the first half of the year. In a report over the weekend, the company disclosed that its net income as of end-June reached P123 million, translating to a significant improvement from a net loss of P310.22 million in the first quarter. The first-half bottom line profit, however, was still far from the P7.8 billion it posted in the same period last year. Meanwhile, SPC said its core earnings from January to June reached P1.4 billion due to marketing rebounds. Total marketing volume increased by 9 percent while premium products increased across key sectors. Non-fuel retail also posted a double-digit growth of 14 percent from last year and is 33 percent higher than the pre-pandemic period. However, this remarkable marketing delivery was tempered by the aforesaid factors that affected the industry. “We have built momentum and we will finish strong in 2023 with exceptional customer experience and continued innovation in serving our growing customer base with world-class Shell products and services,” SPC President and Chief Executive Officer Lorelie Quiambao-Osial said. “We are committed to delivering value to our customers, to our shareholders, and to our staff and business partners. This includes our commitment to deliver shareholder return.” Across its mobility business, SPC also grew its total volume delivery by 9 percent while premium fuel, lubricants, and bitumen products penetration remain high. Within the second quarter, the company opened seven new sites — bringing the total to 14 new mobility destination sites for the year. The post Shell Pilipinas profitable anew despite snags appeared first on Daily Tribune......»»
Sun Life wins prestigious industry awards in Singapore
Sun Life Philippines cemented its position as one of the region’s best life insurance brands after it achieved a double win in two industry recognition programs held recently in Singapore. In the Asia Trusted Life Agents and Advisers Awards (ATLAA) held last 26 July at PARKROYAL Collection Marina Bay, Sun Life Philippines CEO & Country Head Benedict Sison was honored with the Executive Champion of the Year Award for his exemplary leadership and contributions to the industry. “I am humbled to be recognized by my peers, who are not only experts in the field but are also passionate advocates of our industry’s purpose,” Sison said, as he accepted the award. “I share this honor with our clients, advisors, and employees. It will always be my privilege to champion our company, our industry, and, most especially, our purpose.” Also recognized as finalists in ATLAA were Sun Life of Canada (Philippines) Inc. in the Life Insurance Company of the Year category and Phoenix Palm Branch Manager Jayvee Badile in the Insurance Agency Leader of the Year category. Meanwhile, Sun Life Grepa Financial Inc. (SLGFI), Sun Life’s bancassurance arm, was recognized in the Insurance Asia Awards held last 27 July at the Marina Bay Sands. For the second year in a row, the company was bestowed the MSME Insurance Initiative of the Year Award for Sun Life Grepa Healthcare, its holistic group insurance ecosystem which covers wellness, protection, and recovery. The award was accepted by SLGFI Vice President for Group Business Peter Miranda and SLGFI Head of Group Sales and Strategies Justine Daguman. “SLGFI considers itself not just a provider but a partner to Filipino entrepreneurs, as they pursue their goals for their businesses and their people. Sun Life Grepa Healthcare is a testament to this vision,” Miranda said. “We are grateful to be recognized in the Insurance Asia Awards once again. We look forward to continuously enhancing this program so we can help more micro, small, and medium enterprises.” These recognitions emphasize Sun Life’s commitment to helping Filipinos achieve lifetime financial security and live healthier lives. “In every business that we have and every initiative we launch, we strive to bring our clients the best that we can offer,” Sison said. “We couldn’t have won these prestigious awards without the inspiration and support they give. And as a way of thanking them, we can only promise that we will always be here to help them build a brighter future.” The post Sun Life wins prestigious industry awards in Singapore appeared first on Daily Tribune......»»
Aboitiz Group furthers ‘Great Transformation’ into 2023
The Aboitiz Group has seen exceptional performance in the first half of 2023, showcasing its "Great Transformation" into the Philippines’ first techglomerate. Leveraging innovation as well as synergies across its diverse business portfolio, the group has solidified its position as a trailblazer of industry. With a strong foundation in place, the Aboitiz Group eagerly sets its sights on forthcoming projects that promise further success and innovation. AboitizPower. The Aboitiz Group’s holdings in power generation and distribution, AboitizPower, continues to support the country’s energy transition and socioeconomic development with its diverse portfolio of thermal and renewable energy power plants, as well as internationally certified asset management capabilities from its distribution utilities. With close to 1,000 megawatts (MW) of ongoing and disclosed energy projects, it is en route to accomplishing its 10-year growth strategy of having at least 9,200 MW in its generation portfolio equally split between RE and thermal sources of energy by the next decade. This journey includes the development of the 17 MW Tiwi Binary Geothermal Power Plant, the 94 MW Cayanga-Bugallon solar facility, and the 167 MW Laoag solar facility. AboitizPower is also looking to begin the construction of its Calatrava Solar project and Olongapo Solar project within the year. These RE investments are complemented by other developments in Battery Energy Storage Systems, like the SN Aboitiz Power 24 MW Magat Battery in Isabela, which — much like the commercially operational 49 MW Maco Battery in Davao de Oro — will help provide regulating and contingency reserve power to the country’s grids. Subsidiaries. Meanwhile, subsidiaries Davao Light and Power Company, Visayan Electric Company, Cotabato Light and Power Company and Subic EnerZone Corporation were the first power DUs in the Philippines to be certified with an ISO 55001:2014 certification for Asset Management, an international standard that attests to the efficiency of how they manage the lifecycle of their assets, i.e., power lines, transformers and substations. This validates the reliability of their services and strengthens the uninterrupted provision of electricity in their respective service areas. Efficient asset management is essential for DUs to successfully manage their infrastructure and optimize maintenance and costs, thereby ensuring regulatory compliance and a reliable bridge between transmission lines and businesses, communities and homes. UnionBank. Union Bank of the Philippines continues on its trajectory of becoming a Great Retail Bank as it has consistently been recognized as one of Asia’s leading companies. Among the many recognitions for the 1st half of 2023 that UnionBank has reaped are: Best Retail Bank in Southeast Asia (Cfi.co), 4-time Best Retail Bank in the PH (The Asian Banker) and 6-time Digital Bank of the Year PH (The Asset). In line with its nation-building “Tech-UP Pilipinas” advocacy, UnionBank’s strategic partnerships have been focused on digitization as an essential element for client success. UnionBank’s determination to be an enabler of the Philippines’ bid to be a G20 country by 2050 is apparent as it continues to nurture and grow its diverse client portfolio that includes corporate, MSME, high net worth as well as local and national government entities. As a recognized trailblazer that embraces technological innovations that empower its customers, UnionBank together with its digital banking arm UnionDigital Bank (UnionDigital), fintech arm UBX and thrift arm City Savings Bank (CitySavings) showcased its expertise in artificial intelligence at the first AI Summit PH 2023 last May. The first half of the year also saw UnionBank’s commitment to offering clients amazing and exclusive experiences through partnerships with Live Nation (for world-tour concerts) and GMG productions (for the Hamilton musical). “The investments we made last year have exceeded our expectations. UnionDigital is already profitable after less than a year in operation. There is strong momentum in the acquired credit cards business from Citi. New-to-bank card customers are at a record level. We are geared up to grow our retail banking business. Our infrastructure is ready for scale. We have sufficient capital coming from the recent stock rights offering to further grow our earning asset capital base,” said UnionBank president and CEO Edwin R. Bautista. Aboitiz InfraCapital. Aboitiz InfraCapital remains on track with its purpose of enabling businesses and uplifting communities. AIC Economic Estates maintains its position as the leader in industrial-anchored mixed-use development nationwide, with the largest footprint of developed industrial estates as well as the single largest privately owned industrial estate in Lipa-Malvar, Batangas– LIMA Estate. 2023 marked LIMA Estate’s 25th anniversary, as well as the 30th year of West Cebu Estate in Cebu. These estates are undergoing industrial and commercial expansion to accommodate more locators and create approximately 90,000 employment opportunities. Water business. For AIC’s water business units, Apo Agua can now produce safe and reliable water for the Davao City Water District’s water reservoirs. Apo Agua’s laboratory has also obtained accreditation for drinking water analysis from the Department of Health. AIC's LIMA Water, on the other hand, continues to operationally benefit from its SMART Water Network, leading to reduced fuel consumption and high facility uptime. Digital infrastructure. In the digital infrastructure landscape, Unity Digital Infrastructure completed the first closing of a total of 250 sites from its acquisition of over 1,000 telecom towers from Smart-PLDT and Globe Telecom. Additionally, Unity marked a major milestone by successfully co-locating three Mobile Network Operator tenants (Globe, Smart and DITO) in one of its towers in Cebu. The three-tenant tower is the first in the Philippines and showcases the effectiveness of the shared tower model in support of the government's drive to improve digital connectivity through the common tower initiative. Mactan-Cebu International Airport. Mactan-Cebu International Airport surpassed expectations with significant growth in passenger traffic, peaking at around 5 million passengers in the first half of this year, more than double the previous year. The resumption of major international routes, such as Shanghai and Taipei, and improved aircraft availability are expected to further boost traffic in the second half of the year. MCIA's excellence in promoting the airport and in ensuring customer experience was also recognized, as it received the Routes Asia 2023 Marketing Award in the 5 million category and became the first airport in the Philippines to be accredited by the Airports Council International for its Airport Customer Experience. The post Aboitiz Group furthers ‘Great Transformation’ into 2023 appeared first on Daily Tribune......»»