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SM Prime expects to raise P25 billion from bond issue

Sy-led integrated property developer SM Prime Holdings Inc. is gearing up to raise as much as P25 billion from a proposed bond offering to fuel its expansion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

3 TLRC execs get 26 years for ‘pork’ scam

The Sandiganbayan yesterday sentenced three ranking officials of the abolished state firm Technology and Livelihood Resource Center to serve up to 26 years in prison for graft and malversation of public funds in connection with their involvement in the “pork barrel” fund scam......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Covid lowered life expectancy by 1.6 years worldwide — study

COVID-19 caused the average life expectancy of people worldwide to fall by 1.6 years during the first two years of the pandemic, a more dramatic decline than previously thought, a major study said Tuesday. This marked a sharp reversal during a decades-long rise in global life expectancy, according to hundreds of researchers sifting through data.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

New NASA astronauts graduate, eying Moon — and Mars

After two years of rigorous training, ten Americans officially became astronauts on Tuesday, and are now eligible for planned NASA missions to the International Space Station, the Moon, and — if all goes well — to Mars. Two Emiratis who trained alongside them also graduated Tuesday during a ceremony at the Johnson Space Center in.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

First-in-Davao developments by property pioneer, Alsons Dev

FOR over 60 years, Alsons Development and Investment Corporation (Alsons Dev), one of Davao’s longest-standing real estate developers, has grown alongside the city, actively shaping its economic and physical transformation. As the city celebrates the 87th Araw ng Dabaw, we look back on Alsons Dev’s iconic commercial and residential developments that have left an indelible mark on Davao City’s landscape......»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

Cebu Daily Newscast: Murder raps filed vs suspect in hit-and-run of basketball player

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, February 7, 2024. Murder raps filed vs suspect in hit-and-run of basketball player Police in Cebu City have filed today, February 8, a charge of murder against the suspect behind the fatal hit-and-run.....»»

Category: newsSource:  inquirerRelated NewsFeb 8th, 2024

DOH reports 3,410 new HIV cases in Q1

The Philippines reported 3,410 new HIV/AIDS cases and 82 deaths in the first quarter of the year, according to the Department of Health (DOH). Data from the HIV and AIDS Registry showed the new cases ranged from under one year old to 66 years old, with a median age of 28. Eight out of ten.....»»

Category: newsSource:  inquirerRelated NewsMay 18th, 2024

DOT wants more tourists to discover Mindanao

CAGAYAN DE ORO CITY, Philippines — The Department of Tourism (DOT) is doing everything it can to attract tourists, both from within the country and abroad, to visit Mindanao. The peace and security situation in the region has greatly improved over the past ten years. Mindanao is peaceful now, and it’s fully prepared to welcome.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

Brewing dark days ahead

Zaldarriaga credited this “bayanihan spirit” of the ILP in abating a much serious power supply shortage problem since Meralco started it ten years ago......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2024

A journey with The News Today

I joined TNT ten years ago. It was fresh. New. Young. Challenging......»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

NUSTAR celebrates tradition with larger-than-life Easter eggs

As the Easter season approaches, NUSTAR Resort Cebu prepares to pay homage to a centuries-old tradition: painting Easter eggs. Dating back to ancient civilizations, the custom of adorning eggs with intricate designs symbolized new life, fertility, and rebirth. Over time, this tradition evolved and became intertwined with Christian symbolism, particularly during the celebration of Easter......»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Rare beetle discovered in Mt. Hamiguitan sanctuary

In a recent discovery, a rare long-horned beetle, Paraskeletodes hamiguitanensis, was found in the Mount Hamiguitan Range Wildlife Sanctuary (MHRWS) in Davao Oriental. The beetle was unearthed during a scientific expedition led by the Provincial Government of Davao Oriental and conducted by a team from Davao Oriental State University (DOrSU). Dr. Milton Medina, a Filipino coleopterist, confirmed the uniqueness of P. hamiguitanensis through careful morphological examination, highlighting distinct differences from its closely related counterpart found in Sulawesi, Indonesia. The discovery sheds light on the limited knowledge of beetle taxonomy in the Philippines and underscores the need for increased scientific and conservation efforts in biodiversity hotspots like the Philippines and Sulawesi. Concerns were raised about the global trade of beetle species and the rapid loss of forest cover in the Philippines, emphasizing the vital role of protected areas like Mt. Hamiguitan as essential sanctuaries for biodiversity. The researchers emphasized the need for cooperation with DENR-Davao in promoting biodiversity conservation and encouraged young scholars to explore beetle taxonomy. The discovery of P. hamiguitanensis and several other beetle species in the area underscores the rich biodiversity of Mt. Hamiguitan, with ongoing research aiming to describe more species and uncover many undiscovered ones in the region......»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Putin poised to rule Russia for 6 more years after an election with no other real choices

Putin poised to rule Russia for 6 more years after an election with no other real choices.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Putin poised to rule Russia for 6 more years after an election with no other real choices

Putin poised to rule Russia for 6 more years after an election with no other real choices.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

British Council celebrates 10 years of sharing LGBTQIA+ stories 

CEBU CITY, Philippines – The British Council kicks off the first in-person screening of the Five Films For Freedom programme to live audiences in Cebu on Wednesday, March 13, in partnership with BFI Flare: London LGBTQIA+ Film Festival The Five Films For Freedom, launched by the British Council and the British Film Institute in 2014,.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

FPRRD appeals to Quiboloy supporters not to hold rallies near Malacañang

FORMER President Rodrigo Duterte urged the supporters of embattled Pastor Apollo C. Quiboloy to "peacefully" conduct their rallies in the country in support of the Kingdom of Jesus Christ (KOJC) leader......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Padilla to get more support to block Quiboloy detention

Sen. Robinhood Padilla yesterday vowed to press on in getting four more signatures to block the Senate’s contempt order on Pastor Apollo Quiboloy......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Mikel Rama, mayor’s eldest son to run for councilor in 2025

CEBU CITY, Philippines – The eldest son of Cebu City Mayor Michael Rama, Lawyer Mikel Rama, will be running as a councilor in the 2025 midterm elections. This was confirmed by the mayor himself during his “Ingna’ng Mayor” program via the Sugboanon Channel on Thursday, February 15. According to Rama, his eldest son, Mikel Rama,.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

DBM: P175.9 million for DOST scholars, researchers OK’d

The Department of Budget and Management (DBM) has approved the release of P175.902 million for the implementation of the Grants-in-Aid (GIA) program of the Department of Science and Technology-Philippine Council for Health Research and Development (DOST-PCHRD)......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024