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Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»
Visita Iglesia 2024: Archdiocesan Shrine of San Nicolas de Tolentino Parish
CEBU CITY, Philippines – The tradition of visiting seven to 14 churches during Holy Week is known as the Visita Iglesia. It is one of the religious and cultural practices among Catholics in the Philippines, where every Maundy Thursday to Good Friday, they participate in a pilgrimage to seven churches to dedicate time to prayer.....»»
GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»
March inflation may pick up amid high food prices
Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»
All Hail the Camera King! HONOR Magic6 Pro Ranks Number 1 in Camera Global Rankings
The leading global provider of smart devices, HONOR, claimed the top spot as the best camera smartphone in the recent DxOMark ranking test, dethroning its competitors with a high-ranking score of 158. DxOMark, an independent camera testing organization that provides comprehensive evaluations of camera performances, has awarded HONOR Magic6 Pro as the top contender in […].....»»
Sy family invests P5 billion in Megawide affiliate
The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
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......»»
Cebu topnotcher shares secret to success: Strong support system of family, friends
CEBU CITY, Philippines — A good support system of family and friends is Elijah Cabase’s secret to his placing 5th in the March 2024 Medical Technologists Licensure Examinations (MTLE). This 23-year-old University of Cebu-Banilad alumnus said that he was not even expecting to pass because he described himself as a confessed procrastinator — or one.....»»
Companies State it Takes More Than 6 Months to Fill Cybersecurity Positions
The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets continuing to clamor for InfoSec […].....»»
Reflecting on Your Business Setbacks
Challenges are an inevitable part of any endeavor, especially a business one. From unforeseen economic shifts to internal operational hurdles, every business owner will inevitably face obstacles that test their resolve. As we live in a fast-paced world, we sometimes forget about looking back, and what better time to do it than the Holy Week? […].....»»
Eala advances in W75 Croissy-Beaubourg tennis tilt
Filipino tennis ace Alex Eala has gone into the next round of the W75 Croissy-Beaubourg tournament in France after sweeping hometown bet Emeline Dartron, 6-3, 6-4, late Tuesday night (Manila time)......»»
Cebuano Larz Dawson first runner-up for Mister Tourism Universe 2024
CEBU CITY, Philippines— Another Cebuano is putting Cebu on the centerstage of pageants. Larz Kent Dawson, 22, from Tisa, Cebu City recently bagged the first runner-up title for this year’s Mister Universe Tourism. Dawson, who was crowned Ginoong Pilipinas 2023, added another title in his bag, this time on the international stage. “Joining Mister Universe.....»»
Yogi Ruiz: Salaries, incentives for City Hall employees must be paid on time
CEBU CITY, Philippines — Job order (JO) employees at the Cebu City Hall have not been paid their salaries from January to March 2024. They have not also received their share of the Charter Day incentive amounting to P5, 000 each. Councilors Noel Wenceslao and Nestro Archival have raised a concern on the delay in.....»»
Holy Week 2024: A peek into 7 Metro Cebu churches for Visita Iglesia
The Lenten Season is also about reflection and prayer about the passion of Christ. There are days to fast and during the Holy Week on Maundy Thursday and Good Friday, the Catholic faithful usually practice the Visita Iglesia or the tradition to visit 7 or 14 churches, where they pray and reflect and do.....»»
Mandaue drug bust: P476,000 ‘shabu’ seized from HVI
CEBU CITY, Philippines — Authorities seized suspected shabu worth at least P476,000 from a 45-year-old man described as a high-value individual during an anti-illegal drugs operation in Mandaue City early on Wednesday morning, March 27, 2024. The operation took place along Realty Road in the North Reclamation Area in Barangay Subangdaku, Mandaue City, Cebu. The.....»»
Most Filipinos reject Charter change, lifting foreign ownership restrictions
An overwhelming majority of Filipinos oppose changing the 1987 Constitution at this time, according to a new Pulse Asia Survey, with results showing Filipinos in all regions and all socio-economic classes did not support the lifting of foreign ownership restrictions in key industries......»»
Philippine scientists harassed by China helicopter
Another case of harassment at sea by the Chinese has been reported – this time near Pag-Asa Island last Saturday – involving a helicopter, which hovered dangerously close to a group of Filipino scientists doing research work on a sand bar called Sandy Cay, causing minor injuries......»»
Spy Wednesday
What significant event took place on the Wednesday of the Holy Week? If Maundy Thursday was all about the Last Supper, the betrayal of Jesus, etc. and Good Friday was all about the kangaroo trial, torture and crucifixion and death of Jesus Christ and Easter Sunday was the glorious resurrection of our Lord, what, I wondered, happened on the Wednesday before......»»
Fetus found in condo’s sewage treatment plant
A fetus was found dumped in the sewage treatment plant of a high-end condominium complex in Quezon City on Tuesday......»»