The West, the East, and Afghanistan

The scenes from Kabul airport seem straight out of the World War Z movie thousands of people desperately running for their lives, squeezing themselves into jet bridges, and climbing departing airplanes to escape a country that is now back in the hands of the Taliban......»»

Category: financeSource: philstar philstarAug 18th, 2021

Better roads mean better lives

After connecting the north and south of Metro Manila via the opening of the P70-billion Skyway Stage 3 project, San Miguel Corp. hopes to further decongest the metropolis by linking this time the east and west through the proposed P95.4-billion, 19.4-kilometer Pasig River Expressway project......»»

Category: newsSource:  philstarRelated NewsAug 21st, 2021

Fabian intensifies as it moves west northwestward

The weather bureau in its 11 a.m. bulletin said Fabian was last seen at 960 km east northeast of extreme northern Luzon. .....»»

Category: newsSource:  philstarRelated NewsJul 20th, 2021

EastWest Bank investing heavily in digital initiatives

The Gotianun family is investing heavily in the digitalization of its banking arm East West Banking Corp. as Filipinos turn to electronic channels amid the pandemic......»»

Category: financeSource:  philstarRelated NewsJun 17th, 2021

EastWest profit slips 10% to P2 billion

East West Banking Corp.’s profit slipped in the first quarter but the Gotianun-led bank hopes to recover with higher trading gains for the rest of the year as it takes advantage of the record low interest rates......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2021

New India cyclone warning as death toll rises

A major new storm was brewing in the Bay of Bengal off India's east coast on Thursday, forecasters warned just days after the biggest cyclone to hit the west of the country in decades left at least 110 people confirmed dead......»»

Category: newsSource:  philstarRelated NewsMay 21st, 2021

EastWest profits down a tenth on pandemic woes

Anemic credit growth as a result of a pandemic-induced economic meltdown weighed on Gotianun-led East West Banking Corp.’s bottom-line numbers in the first quarter, reflecting a broader struggle of the local banking industry......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2021

PM Suga says Japan shares PH & lsquo;grave concerns& rsquo; on WPS issues

Prime Minister Yoshihide Suga expressed Japan’s opposition to China’s “continued and strengthened unilateral attempts to change the status quo in the East China Sea and the South China Sea” as the country aligned with the Philippines on the issues in the West Philippine Sea......»»

Category: sportsSource:  abscbnRelated NewsMay 20th, 2021

Jazz keep tight hold on West top spot; Sixers clinch No. 1 in East

Led by Bojan Bogdanovic and Jordan Clarkson, Utah arrested a two-game slide with the convincing win over the also-ran Thunder......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2021

Chinese militia vessels at Sabina Shoal disperse after challenge by coast guard — Esperon

The report said that on April 27, seven Chinese maritime militia (CMM) vessels were seen "nested or in stationary liner formation" at the shoal located 130 nautical miles west of Puerto Princesa, Palawan and east of Ayungin Shoal......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2021

Right move for Kobe

Kobe Paras, once the high-flying poster boy of Gilas’ new generation, is back in the US after deciding to pursue his basketball career under the guidance of Kai Sotto’s management team East West Private. He’s now in Cincinnati and the word is a full-blown training program is being laid out to get the 6-6 forward back on track......»»

Category: sportsSource:  philstarRelated NewsApr 21st, 2021

Typhoon Bising Rapidly Intensifies while Approaching PH

Typhoon Bising continues to strengthen as it creeps closer to the Philippines with its last location being 705 km. east of Surigao City, Surigao del Norte. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said in its severe weather bulletin issued at 5 a.m. on Saturday that typhoon Bising is moving west-northwest at 20 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 19th, 2021

Vatican mass will celebrate 500 years of Christianity in PH

IT was in 1521 that Portuguese explorer Ferdinand Magellan landed in the Philippines as the head of a Spanish expedition to reach the East by sailing West. He planted a cross and led in the celebration of the first mass in the Philippines on Easter Sunday in what Church officials believe was Limasawa Island in […].....»»

Category: newsSource:  tempoRelated NewsMar 8th, 2021

LeBron, Curry lead West; Durant, Beal top East in NBA All-Star first returns

James of the Los Angeles Lakers, who has led the All-Star voting seven times in his career, is the top pick for the Western Frontcourt with 2,288,676 votes......»»

Category: sportsSource:  philstarRelated NewsFeb 5th, 2021

Discover distinct ‘kopi tiam’ culture with Asian delights at Nanyang

Where do you go when you’re hankering for fresh brews and authentic Asian fare? There’s no better place to experience the distinct kopi tiam culture where East meets West than in Nanyang......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2021

NBA G-League pinayagan si Sotto na maglaro sa Gilas

UNITED STATES – Suportado  ng NBA-G League ang nakatakdang paglalaro ni Filipino basketball star Kai Sotto sa kanyang debut game sa  Gilas Pilipinas sa third window ng 2021 Fiba Asia Cup qualifiers. Ayon sa East West Private (EWP), humahawak sa career ni Sotto, kumuha umano ng clearance ang 18-year-old na si Sotto sa liga upang […] The post NBA G-League pinayagan si Sotto na maglaro sa Gilas appeared first on REMATE ONLINE......»»

Category: sportsSource:  abscbnRelated NewsJan 22nd, 2021

PRRD commits to uphold arbitral award on West PH Sea claim

QUEZON CITY, Nov. 12 (PIA) -- At the virtual plenary session of the 37th Association of South East Asian Nations (ASEAN) Summit today, President Rodrigo Roa Duterte strongly emphasized the country'.....»»

Category: newsSource:  philippinetimesRelated NewsNov 13th, 2020

PRRD commits to uphold arbitral award on West PH Sea claim

QUEZON CITY, Nov. 12 (PIA) -- At the virtual plenary session of the 37th Association of South East Asian Nations (ASEAN) Summit today, President Rodrigo Roa Duterte strongly emphasized the country'.....»»

Category: newsSource:  manilanewsRelated NewsNov 12th, 2020

EastWest Bank sees profit reaching P7 billion this year

Gotianun-led East West Banking Corp. is now expecting a net income of P7 billion instead of P5 billion to P6 billion this year as earnings surged by 28 percent from January to September despite the tripling of provisions for potential bad loans due to the impact of the pandemic......»»

Category: financeSource:  philstarRelated NewsNov 11th, 2020

What do you know about World Freedom Day?

Today is “World Freedom Day”. Be sure to remember at least four facts about it. Every 9th of November is marked as “World Freedom Day”. It commemorates the fall of the Berlin Wall in 1989 when the East German government announced that its citizens could already visit West Berlin and West Germany. Moreover; the date […] The post What do you know about World Freedom Day? appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsNov 9th, 2020

Maynilad, MWC shelve rate adjustments for 2021

Maynilad Water Services, Inc. (Maynilad) and Manila Water Company, Inc. are forgoing some water rate increases they are qualified to implement in the coming year, including the next tranche of the rate rebasing adjustment as well as the mandated Consumer Price Index (CPI) adjustment.  This was announced separately by both companies on Tuesday. In a text message, Metropolitan Waterworks and Sewerage System (MWSS) Chief Regulator Patrick Ty said the MWSS-Regulatory Office (MWSS-RO) has been discussing this matter with both Maynilad and Manila Water since the start of this year. “We just received the proposals of the two Concessionaires and we are currently evaluating them,” Ty said.  In a statement, Maynilad said that with this deferral, the company “hopes to alleviate the day-to-day struggles of its customers as they and the whole country strive to recover from adversity and rise stronger than before, ready to start anew”. “During these difficult times when no one is spared the economic impact of the COVID-19 pandemic, Maynilad is one with the government in finding ways to help our countrymen make the situation more manageable,” it also said. Manila Water, on the other hand, said “in the spirit of Bayanihan and to alleviate the plight of our customers due to the pandemic, Manila Water will not be implementing the rate adjustment in 2021 under the approved 2018 Rate Rebasing.” Done every five years, rate rebasing is review of water utilities’ past performance and the projection on their future cash flows.  It is supposed to set the water rates at a level that would allow both Maynilad and Manila Water to recover their expenditures and earn a rate of return. For 2020, Maynilad and Manila Water also volunteered to defer the implementation of the next tranche of annual rate hike approved under the current rate rebasing period, which started in 2018.  Their decision came as both companies were being scrutinized by no less than President Rodrigo Duterte for their allegedly onerous contracts with MWSS. To be implemented in tranches from 2018 to 2022, the approved increase in Maynilad’s rates under the fifth rate rebasing period would be P5.73 per cubic meter (/cu. m.). For this year, it was supposed to increase its rates by P1.95/cu.m, then another P1.95/cu.m in 2021.    As for Manila Water, the increase in its rates under rate rebasing would play around P6.22 to P6.55/cu.m.  This year, it was supposed to increase its rates by P2/cu.m, and another P2/cu.m by 2021.  By 2022, depending on the medium-term water sources project that the company will be allowed to pursue, the Ayala-led firm could charge its customers an increase of P0.76/cu.m up to P1.04/cu.m. The CPI adjustment, on the other hand, is the annual inflation adjustment and takes place every January. Maynilad is the largest private water concessionaire in the Philippines in terms of customer base.  It is the agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS) for the West Zone of the Greater Manila Area, which is composed of the cities of Manila (certain portions), Quezon City (certain portions), Makati (west of South Super Highway), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon all in Metro Manila; the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite Province.  Meanwhile, Manila Water caters to the East Zone concession area covering the Cities of Makati, Mandaluyong, Pasig, Pateros, San Juan, Taguig and Marikina. It is also in charge of the southeastern parts of Quezon City, and Sta. Ana and San Andres in Manila. In the Province of Rizal, MWCI services the City of Antipolo and Municipalities of San Mateo, Rodriguez, Cainta, Taytay, Teresa, Angono, Baras, Binangonan, and Jala-jala......»»

Category: newsSource: NewsNov 3rd, 2020