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On its 10th year, Virtual Playground rebrands to VP Global
Virtual Playground recently rebranded to VP Global Athlete and Artist Management as part of its 10th-anniversary celebration. Formed by veteran movie producer Dondon Monteverde and sports agent/businessman Charlie Dy, VP Global has been overseeing the careers of “champions and idols” in the fields of sports and showbiz......»»
Global Dominion Joins The Fight Against Scammers and Fake Accounts
Before 2023 ended, Global Dominion reported a case of unauthorized use of the company’s name in what appeared to be a mobile application. This concern was brought up by a concerned individual via Global Dominion’s customer service and complaints division (CSC). The company then submitted a report to the National Bureau of Investigation’s (NBI) Cyber.....»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
Inflation up slightly, but still within target
The rate of increase in the average prices of consumer goods and services typically purchased by Filipinos rose slightly to 3.8 percent in April from 3.7 percent in March, driven by faster increases in food and transport costs, according to the Philippine Statistics Authority......»»
April inflation comes in at 3.8%
The Philippine Statistics Authority revealed that inflation quickened slightly in April to 3.8% y/y, up from the 3.7% reading in March, but below estimates from economists who (on average) were expecting to see inflation come in at around 4.1% for the month......»»
Energy policy failure
The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»
Drought, dry spell to affect 72 provinces
Up to 72 provinces will experience below average rainfall by the end of this month, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
‘High level of Phl economic performance despite…’
From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»
SC mulls use of AI translators, podcasts about cases
BAGUIO CITY, Philippines — Imagine adaptive algorithms translating courtroom exchanges from English to major Filipino dialects in real time for the benefit of litigants, or podcasts that explain the scope and impact of landmark decisions to average citizens. These are just samples of the technological and educational innovations that may soon be embraced by the.....»»
6 die of heat stroke in Cotabato village
KIDAPAWAN CITY — Rising temperature in Cotabato province has led to the deaths of at least six residents of a remote village in Makilala town, due to heat stroke, reports from village officials showed. The victims were residents of Barangay San Vicente where the heat index was at an average of 40 degrees Celsius since.....»»
Filipino children get access to potable water thanks to innovative powdered mixture
With an average of 20 typhoons visiting the Philippines each year, rural and urban communities sustain significant damage to their sources of drinking water, including waterways and deep wells......»»
Iloilo is the Most Affordable Tourist Destination in the Philippines
With many across Asia looking forward to long weekends and holidays in the coming weeks, the digital travel platform Agoda reveals the tourist destinations with the cheapest accommodations on average. Travelers looking for some of the best deals in Asia are best off in Udon Thani, Thailand. While in the Philippines, it’s Iloilo where travelers […].....»»
Daily COVID-19 cases down to 36
COVID cases in the country now average only 36 per day, according to the Department of Health......»»
Gold Race Series up
For Filipino cyclists, young and old, elite and average, all roads lead to the Sacobia River Bridge within the New Clark City in Pampanga for the opening leg of the Go For Gold Race Series on March 3......»»
Power spot market prices lower in 2023
The average cost of electricity traded at the spot market went down in 2023, snapping two straight years of increase, the Energy Regulatory Commission said......»»
Political prisoners wait an average of 4 years in jail while on trial
'There is a responsibility on the entire justice system to ensure that cases like these do not languish in prison,' says UN Special Rapporteur Irene Khan.....»»
[OPINION] Jailing Jinggoy
'Estrada is a senior citizen. Do the math. Consider the average time the SC takes prior to a decision.'.....»»
Metro Manila nangunguna sa ‘Worst Traffic in the World’, ayon sa pag-aaral
NUMBER one sa listahan ng “Worst Traffic in the World” ang Metro Manila. Base sa 2023 TomTom Traffic Index, umaabot sa average na 25 minutes and 30 seconds ang pagmamaneho ng 10 kilometers sa Metro Manila. Ito ay 50 seconds na mas mabagal kaysa sa naitala noong 2022. Ayon pa sa pag-aaral, ang karaniwang ginugugol.....»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»