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China’s military and government acquire Nvidia chips despite US ban
The sales by largely unknown Chinese suppliers highlight the difficulties Washington faces, despite its bans, in completely cutting off China's access to advanced US chips that could fuel breakthroughs in AI and sophisticated computers for its military.....»»
Project delays prune Converge’s 2024 capex
Broadband provider Converge ICT Solutions Inc. is cutting down its spending guidance for the year to between P12 billion and P14 billion as a result of delays in some of its projects......»»
CebuDoc pioneers cutting-edge SPECT/CT scanner in PH
Incubating its leadership in nuclear medicine, the Cebu Doctors’ University Hospital (CebuDoc) proudly introduces the first-in-the-Philippines advanced SPECT/CT scanning solution, Symbia Pro.specta, now housed at its very own Center for Nuclear Medicine on April 12, 2024. This up-to-par SPECT/CT imaging machine is poised to improve the sensitivity and specificity of the diagnostic procedures of CebuDoc.....»»
Beyond weddings: Celebrations at the Marco 2024 embrace all milestones
Marking its 18th anniversary, Marco Polo Plaza Cebu hosts its signature event, “Celebrations at the Marco,” in the hotel’s majestic grand ballroom. This unique event brings together over 40 trusted event suppliers for a two-day extravaganza from May 18 to 19, 2024, offering a one-of-a-kind experience for all attendees. Departing from the traditional ribbon cutting,.....»»
‘Save Poro’s trees’: Parish church widens calls vs tree-cutting
CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»
Partners in the hospitality industry
Travel, tourism, lodging, recreation, food and beverage are all partners in the hospitality industry, and sales and marketing is a very important component that drives and ensures the growth and success of the sector......»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
Public school students get the boardroom experience
RFM Corp. chairman, president and CEO Joey Concepcion welcomed into the boardroom of the food and beverage giant students from the Raja Soliman Science High School and Rizal High School last May 10 as part of a unique, immersive learning experience on entrepreneurship and business leadership......»»
Delight in the future of healthy and convenient eating as FOODPhilippines joins Gulfood 2024
A delegation of 25 food exhibitors will rally behind FOODPhilippines, the country’s collective food promotions program, to showcase an array of nutritious food options at the 29th edition of Gulfood. The Philippine delegation will return for the 19th consecutive time to one of the world’s biggest and most relevant trade shows for food and beverage […].....»»
F& B firms post strong earnings in January-March
Food and beverage firms led by Ramon Ang and the Po family recorded strong first quarter results on the back of higher sales for the period......»»
Gokongwei anchor firms RLC, URC post strong Q1 earnings
The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions......»»
Iced coffee is Filipinos favorite coffee beverage — data
In the Philippines the most popular coffee type was iced coffee, a result that also appeared for Chile, Norway, and Nicaragua......»»
SMC’s F& B unit nets record P38 billion in 2023
The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»
Pia game na game sa lahat ng laban sa buhay: ‘Live life to the fullest!’
ILANG araw mula nang makauwi dito sa Pilipinas, mukhang sunod-sunod ang mga ganap ni Miss Universe Philippines 2015 Pia Wurtzbach. Isa na riyan ang launch event ng isang sikat na beverage company na ginanap sa Makati City noong May 2. Kahit maraming pinagkakaabalahan sa buhay, mukhang fresh na fresh at blooming ang beauty queen nang.....»»
Catriona, Julie Anne rarampa sa BGC, may sorpresa sa fans
KAABANG-ABANG ang dalawang bigating celebrities na sina Miss Universe 2018 Catriona Gray at Kapuso star Julie Anne San Jose. Magkakaroon kasi sila ng surprise performance sa Bonifacio High Street Activity Center sa darating na January 27. Para ito sa inilunsad na bagong gimik ng sikat na beverage company na Coca-Cola Philippines –ang #CokeZeroExcuses Promo. Noong.....»»
Viber delivers personal AI services to users
Rakuten Viber, the leading global platform for private and secure messaging and voice-based communication, has partnered with AI studio Inflection to bring its cutting-edge conversational AI expertise to Viber users in the Philippines......»»
JetBlue is cutting unprofitable routes and leaving 5 cities
JetBlue Airways is making significant changes to its route network in response to a failed bid for Spirit Airlines. The airline has announced that it.....»»
The Wellness Hub at Maayo, your one-stop shop for healthcare in Cebu IT Park
The Wellness Hub at Maayo officially opens to the public, affirming its mission to provide the people in Cebu with quality and convenient healthcare during a ribbon cutting ceremony on February, 28, 2024, at the ground floor of the i2 Building, IT Park, Cebu City. Maayo Health Group executives led the ceremony, including Medical Director.....»»
BSP may cut big banks’ RRR to 5 percent
The Bangko Sentral ng Pilipinas (BSP) is looking at a significant reduction in the level of deposits banks are required to keep with the central bank after it starts cutting interest rates this year, its top official said......»»
Low subsidy forces LRTA to cut budget for train rehab
The Light Rail Transit Authority is cutting its budget for the restoration of trains to make the most of the lower subsidy given to the agency this year......»»