Europe less at risk of inflation and rate fears: analysts
Investors are watching inflation carefully, worried that a boiling over of prices will ruin the expected strong pandemic recovery although analysts believe Europe faces much less of a risk than the United States......»»
McDonald s says mulling partial sale of digital unit
McDonald's is weighing the sale of part of digital start-up Dynamic Yield, which it bought two years ago in a bid to boost drive-through and in-restaurant kiosk orders, the two companies confirmed Saturday......»»
Group questions effectiveness of additional cost on car imports
Consumer advocacy group Laban Konsyumer Inc. is questioning the effectiveness of the provisional safeguard measures on passenger car and light commercial vehicle imports......»»
Budget gap widens to record P1.371 trillion
Czeriza Valencia.....»»
Mondelez unveils strategy to collect 40 million tons of wastes
Mondelez Philippines joined hands with The Plastic Flamingo (The Plaf), a global social enterprise that seeks to reduce oceanic waste and marine pollutants, in the retrieval of plastic wastes to transform them into useful pieces that will benefit people and communities......»»
Young Davao entrepreneur smells success amid crisis
Davao City---Kevin Joven was not spared from the challenges which the pandemic has brought to many. However, instead of giving up, he gathered more courage to rise up and maximize his resources. .....»»
Infra projects seen to boost housing demand outside NCR
One of the vital goals that the national government deemed as priority is the completion of major infrastructures around the country. .....»»
& lsquo;Mister Donut on Wheels& rsquo; offered to franchisees
Mister Donut has launched an innovative franchising package dubbed “Mister Donut on Wheels” that will expand the donut chain’s reach to provincial areas where it has no existing stores yet......»»
Insurer& rsquo;s pandemic coverage pays over P57 million
Pacific Cross Philippines has provided more than P57 million worth of medical assistance to clients who were afflicted by COVID-19. The insurance firm has been providing coverage for COVID-19 since March 2020, superseding its standard exclusion on pandemics for medical plans......»»
Tokyo Tokyo staff to get free COVID shots
Japanese restaurant chain Tokyo Tokyo took another step toward ensuring the safety of its employees and customers by purchasing COVID-19 vaccines for both in-store and work-from-home staff......»»
PXP Energy trims net loss in 2020
Listed upstream oil and gas firm PXP Energy Corp. managed to trim its net loss last year as plug and abandonment costs in existing projects were cut significantly while awaiting signals from government in prospective assets......»»
PNR scraps P921 million train line purchase deal with China firm
The Philippine National Railways has scrapped its P921-million contract with a Chinese firm for the purchase of new standard gauge diesel multiple unit trains for its Bicol line......»»
Globe improves mobile services in Metro Manila outskirts
Globe Telecom Inc. said its customers in Pampanga, Batangas, Laguna and parts of Cavite would experience better call, SMS, and data browsing services starting next month following the modernization of its network in these areas......»»
Rice data warehouse in the pipeline
The Department of Agriculture-Philippine Rice Research Institute is set to develop a public rice data warehouse, which aims to help the formulation of better decisions and policies......»»
2020 budget deficit ballooned to P1.37T as tax collection fell
The government’s budget deficit widened to P1.371 trillion in 2020, or more than double the previous year’s P660.2-billion shortfall, reflecting the 11.31-percent growth in public spending combined with the 8.97-percent reduction in revenue collection amid the pandemic, the Bureau of the Treasury said Friday......»»
Airbnb and DoorDash register losses as they ride out coronavirus pandemic
San Francisco---Airbnb and DoorDash on Thursday reported their first financial results as publicly traded companies, each of the tech industry darlings logging losses as they ride out the pandemic......»»
Spot market operator expects stable power supply during dry months on weak demand
Power supply is expected to remain stable during the dry months with peak demand likely reaching only 12,611 megawatts in June, the same level as last year’s peak, according to officials of the Independent Electricity Market Operator of the Philippines......»»
MGDC gets notice to proceed with bay reclamation project
Manila Goldcoast Development Corp. led by the Tieng family received a notice from the Philippine Reclamation Authority to proceed with the 148-hectare Solar City Manila Manila Bay reclamation project......»»
Ayala& rsquo;s Healthway finalizes takeover of QualiMed chain
Ayala Healthcare Holdings Inc., a unit of the Ayala Group, said Friday it completed the acquisition of a majority stake in Mercado General Hospital Inc. which owns and operates a chain of hospitals and clinics across the country......»»
Dutch sex workers dare COVID curbs
The Hague, Netherlands—Dutch sex workers said Thursday they would demonstrate next week against the continued closure of brothels under government COVID curbs while scores of restaurants and cafes vowed to reopen in defiance of a ban......»»