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Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
BSP planning wholesale digital currency drop by 2026
The Bangko Sentral ng Pilipinas, our country’s central bank, is planning to launch a “central bank digital currency” within two years......»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
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......»»
Can virtual reality dating lead to real-life romance?
The stars of Viva Films’ “A Glimpse of Forever” have opined on the pros and cons of virtual reality in love and dating in real life, which serves as the theme of the film directed by Jason Paul “JP” Laxamana (“Expensive Candy”, “100 Tula Para Kay Stella,” and “Just a Stranger”)......»»
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......»»
The Evolution of Virtual Reality culminating in Apple Vision Pro
Apple, the renowned tech giant, has recently unveiled its latest innovation: a virtual reality (VR) headset. This move comes as a surprise to many, considering.....»»
BTS virtual experience arriving in the Philippines
An immersive virtual exhibit on K-pop boy band BTS is hitting Philippine shores later this year......»»
Philippines, US eye wider space tech cooperation for maritime security
In a joint statement on Tuesday, Manila and Washington said both governments agreed that Earth observation is a priority area for bilateral cooperation during their first bilateral space dialogue earlier this month. .....»»
No ban on US beef, dairy despite bird flu
The Philippines will not ban the importation of cattle products such as beef and milk from the United States as regulators maintain that these products are safe to consume amid bird flu cases in the US dairy herd......»»
CA ruling vs Bt eggplant, golden rice propagation hit
The judiciary should not overstep its authority on genetically modified organisms or GMOs as regulations on biotechnology must be left to scientists and pertinent regulators, according to a member of the Monetary Board of the Bangko Sentral ng Pilipinas......»»
Maynilad nears maiden P15 billion blue bond issue
Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»
NGCP told to ‘practice discipline’ to protect consumers
Energy industry regulators are urging utilities, especially monopolies like the NGCP, to charge only reasonable expenses to consumer electric bills.....»»
Police eye 2 angles in slay of Bacolod resident
Police eye 2 angles in slay of Bacolod resident.....»»
Pepe Herrera bukas ang 3rd eye, nakakita ng dwende sa grotto
NANINIWALA ang komedyanteng si Pepe Herrera na lahat tayo ay bukas ang third eye at may kakayahang makaramdam o makakita ng mga elemento o mga ispiritu. Limang taon pa lang daw siya ay may naranasan na siyang mga kakaiba at hindi maipaliwanag na pangyayari kaya feeling niya, hindi lamang mga tao ang naninirahan sa mundo......»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»
SunStar Eye: Suroy-Suroy Sugbo: hearty northern feast
SunStar Eye: Suroy-Suroy Sugbo: hearty northern feast.....»»
SunStar Eye: Victorious Carcar
SunStar Eye: Victorious Carcar.....»»
MPBA Season 2: ARQ Builders face Quadernos, eye to stretch unbeaten streak
CEBU CITY, Philippines — The ARQ Builders eye to stretch their impressive unbeaten run in the Mandaue’s Pride Basketball Association (MPBA) Season 2: Cebuano Cup. This as, the ARQ Builders face Quadernos in one of the four MPBA games featured on Sunday at the Cebu Port Authority (CPA) gymnasium. ARQ Builders currently leads the south.....»»
PRO-7 warns against use of marijuana-flavored vapes
CEBU CITY, Philippines — The Police Regional Office in Central Visayas (PRO-7) has issued a stern warning against the use and proliferation of marijuana-flavored vape products. Police Lieutenant Colonel Gerard Ace Pelare, the PRO-7 spokesperson, said that they will arrest individuals who sell vapes mixed with marijuana oil. The sale and use of marijuana remains.....»»