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PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
Quick look at the week ahead
We don’t have any big scheduled news or events coming directly from the PSE or any of its companies this week, but we do have the US Federal Reserve (the “Fed”) decision on US interest rates that we will learn about on Thursday morning......»»
BSP rate cuts seen in lockstep with US Fed
The Bangko Sentral ng Pilipinas is expected to move in lockstep with the US Federal Reserve as it pivots to an easing cycle after emerging as the most aggressive central bank in the region......»»
Rain in Spain puts dampener on Good Friday parades
Madrid, Spain — Torrential rains forced the cancellation of famed Good Friday religious processions through Seville, leaving many faithful in tears in the southern Spanish city. It is the first time since 2011 that all of the six night-time processions — the highlight of Christian Easter Week — were called off due to bad weather......»»
Recipe: Bringhe, the yellow rice dish of Pampanga
Bringhe is a yellow rice dish of Pampanga often referred to as the local version of the Spanish paella......»»
The Chinese-Filipino business family
Even during the pre-Spanish period of Philippine history, the ethnic Chinese trader was already known in the archipelago......»»
[Kitchen 143] Cantabria by Chele Gonzalez
Indulge in the delectable flavors of Spanish cuisine at Cantabria by Chele Gonzalez, nestled within the elegant ambiance of The Westin.....»»
‘Oldest living person’ sa buong mundo nag-celebrate ng 117th birthday
UMABOT na sa 117 years ang edad ng itinuturing na pinakamatandang tao sa buong mundo – si Maria Branyas Morera. Nitong nagdaang Lunes, ibinandera ng Guinness World Records (GWR) ang patuloy na pagrereyna ni Maria bilang “oldest living person” since January, 2023. Nag-celebrate ang American-born Spanish Catalan supercentenarian ng kanyang 117th birthday last Monday, March.....»»
Last 4 nuns of Spanish convent seek sisters to keep it open
RONDA, Spain—With only four nuns left, the historic Corazon Eucaristico de Jesus convent in southern Spain is on the brink of closure. Now, its prioress is calling on sisters everywhere to take a leap of faith, come up to the sanctuary in the mountaintop city of Ronda and stay on for a while to keep.....»»
Off-duty cops stop female shooter at Joel Osteen’s Houston megachurch
Two off-duty officers killed the shooter before she could kill anyone inside the church, which was preparing to host a Spanish-language service, Houston Police Chief Troy Finner says.....»»
‘Kampilan’: A film chronicling Lapu-Lapu’s heroism as told in Maranao’s version
The Sultanate Films International is brewing a historical film that chronicles the heroism of Lapu-Lapu, regarded as the first Filipino hero who, along with his men, gallantly fought and beat the Spanish forces in the Battle of Mactan in 1521......»»
Recipe: Ilonggo celebration dish Lengua Estofado
Lengua Estofado is of Spanish origin, but it has become, to Ilonggos, a celebration dish that is truly their own......»»
Awesome Alcaraz reaches Australian Open last 16 for first time
‘This is the first time I've played the second week here and it feels special,’ says Spanish champion Carlos Alcaraz, who watched last year's Australian Open from his couch while nursing an injury.....»»
BARMM regional labor code now up for approval
Members of the Bangsamoro parliament are keen on having the proposed regional labor and employment code for three southern cities and provinces in the autonomous region approved before May this year......»»
World Bank urges Philippines to address funding, infrastructure challenges
The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
Japan Emerges as Top Lunar New Year Destination for Pinoy Travelers, Agoda Reveals
Aside from Japan, Filipinos are also visiting other short-haul flight destinations with Hong Kong, Thailand, South Korea, and Singapore rounding out the top five choices. The preferred international cities for Pinoy travelers include Tokyo, Hong Kong, Bangkok, Osaka, and Singapore. Looking at which travelers will be visiting the Philippines during the Lunar New Year, Agoda’s […].....»»
MCWD eyes additional Board members from other LGUs
CEBU CITY, Philippines — The MCWD might include more members on its Board of Directors coming from other LGUs being served by the agency. The new members would represent the other highly-urbanized cities, including five municipalities under Cebu Province. In a press statement on Jan. 24, the MCWD board members said that they are ‘considering.....»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
Tarlac, finally
It took some time, but finally Tarlac may truly be on its way to development as a world-class city that will properly gain international recognition as one of the major cities in the Philippines where international businesses may want to invest in......»»