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Market up slightly; Converge falls

The stock market rose slightly Monday, with gains capped by mild profit taking on select issues that rallied last week......»»

Source: Abscbn AbscbnCategory: Sports7 hr. 18 min. ago Related News

Emperador books P5.9b in earnings

Liquor producer Emperador Inc. said Monday net income in the first nine months rose 11 percent to P5.9 billion from a year ago on higher international sales......»»

Source: Abscbn AbscbnCategory: Sports7 hr. 18 min. ago Related News

Samsung chairman dies at 78

South Korea (AFP) — Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said. Under Lee’s leadership, Samsung rose to become the world’s largest producer of smartphones and memory chips, and the firm’s overall turnover today is equivalent […] The post Samsung chairman dies at 78 appeared first on Daily Tribune......»»

Source: Tribune TribuneCategory: NewsOct 25th, 2020Related News

Asian markets mostly up but held back by stimulus uncertainty

Asian markets mostly rose Friday but gains were limited as US lawmakers struggled to hammer out a fresh economic rescue package, while investors were largely unmoved by the last presidential debate.....»»

Source: Manilanews ManilanewsCategory: NewsOct 24th, 2020Related News

Markets mostly up but held back by stimulus uncertainty

Stock markets mostly rose Friday but gains were limited as US lawmakers struggled to hammer out a fresh economic rescue package, while investors were largely unmoved by the last presidential debate.....»»

Source: Manilanews ManilanewsCategory: NewsOct 24th, 2020Related News

URC profit rose 12% in Jan-Sept

Gokongwei-led Universal Robina Corp. (URC) reported on Friday that its net income increased to P8.1 billion in the first three quarters of 2020 amid the “severe challenges” posed by the coronavirus pandemic to its business. In a disclosure, the listed food and beverage arm of JG Summit Holdings Inc. said the amount was a 12-percent […].....»»

Source: Manilatimes_net Manilatimes_netCategory: NewsOct 24th, 2020Related News

Asian markets mostly up but held back by stimulus uncertainty

Asian markets mostly rose Friday but gains were limited as US lawmakers struggled to hammer out a fresh economic rescue package, while investors were largely unmoved by the last presidential debate.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsOct 23rd, 2020Related News

Markets mostly up but held back by stimulus uncertainty

Stock markets mostly rose Friday but gains were limited as US lawmakers struggled to hammer out a fresh economic rescue package, while investors were largely unmoved by the last presidential debate.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsOct 23rd, 2020Related News

Stocks extend rally; LT Group, Meralco rise

Stocks rose Thursday for the fourth straight day on improving economic prospects after the Department of Tourism allowed hotels to operate at full capacity in areas declared under modified community quarantine and general community quarantine......»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News

Ian Veneracion returns to ‘first love’ in TV5 sitcom

Ian Veneracion returns to his “first love” via a new family sitcom, Oh, My Dad (OMD), premiering on 24 October, 5 p.m. on TV5. He rose to fame via the sitcom Joey & Son, where he played Joey de Leon’s son. It was aired in 1982 on RPN-9. Thirty-eight years later, Ian returns to comedy […] The post Ian Veneracion returns to ‘first love’ in TV5 sitcom appeared first on Daily Tribune......»»

Source: Tribune TribuneCategory: NewsOct 22nd, 2020Related News

Asian markets lifted by stimulus optimism, vaccine hopes

Asian markets rose Wednesday on signs US lawmakers are edging towards agreeing a new stimulus for the struggling economy, while hopes for a vaccine helped temper worries about surging virus infecti.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsOct 22nd, 2020Related News

Robinsons Retail acquires 300-store Rose Pharmacy

Gokongwei-led retailer Robinsons Retail Holdings Inc. (RRHI) has expanded its footprint in the pharmaceutical distribution space with the acquisition of 300-store Rose Pharmacy Inc. from Hong Kong-based Jardine Matheson group. Mulgrave Corp., a unit of Jardine’s Daily Farm Internatio­nal Holdings Inc., agreed to sell 100 percent of Cebu-based Rose Pharmacy, which operates mostly in the […] The post Robinsons Retail acquires 300-store Rose Pharmacy appeared first on Cebu Daily News......»»

Source: Inquirer InquirerCategory: NewsOct 18th, 2020Related News

Rights groups slam MMDA spox for ‘drama serye’ remark on detained activist

Human rights groups slammed Metro Manila Development Authority (MMDA) Spokesperson Celine Pialago following her “drama serye” remarks at detained activist Reina Mae Nasino who recently buried her three-month-old daughter River.  Kapatid, a support group for families and friends of political prisoners, said those who downgrade what happened to the political prisoner are only trying to “cover the government’s gross violation of human rights.”  “The story of Reina Mae Nasino and her 3-month-old child who died last week is not ‘drama-serye.’ It is a real story that exposed the countless injustices committed by the government,” it said in a statement released on Sunday.  “MMDA Chair Danny Lim, a former political prisoner himself, should have long shown the door to his spokesperson. It should be obvious by now that sensitivity cannot be taught nor proper manners and right conduct if one is empty-headed,” it added. Meanwhile, National Union of People’s Lawyers (NUPL) President Edre Olalia was more restrained, saying they would “do the same thing if she was in Ina’s position and circumstance. “To start with, we will never ever wish this horrible tragedy and injustice to visit the Asec, her mother, her daughters, her sisters and her aunts,” he said in a Facebook post. Despite having nothing to do with traffic, Pialago felt the need to “use her voice as a Filipino” to share her two cents on Nasino’s case. “Hindi lahat ng inang nakakulong ay nakapunta sa libing ng kanyang anak. Kaya yung mga sumisimpatya kay Reina Mae Nasino, pag aralan niyo mabuti ang dahilan bakit siya nakulong at kilalanin niyong mabuti kung sino siya sa lipunan (Not all jailed mothers get to visit their children’s funeral. So all of those who sympathize with Reina Mae Nasino, study well why she was imprisoned and know who she is and what her role is in society),” she said in a Facebook post on Sunday morning. “Masyado ninyong ginagawang pang drama serye sa hapon ang paghihinagpis niya. Tigilan niyo (You are trying to make her grief like an afternoon drama serye. Stop it)!” she added. Nasino was five months pregnant with River when she was arrested in November 2019 for allegedly being found with firearms and explosives at the Bagong Alyansang Makabayan Manila Office in Tondo, Manila. Her lawyers have insisted that the pieces of evidence were planted and that the charges filed against her are trumped-up. She gave birth to River on July 1 at the Dr. Jose Fabella Memorial Medical Hospital on July 1. She and her baby were returned to the Manila City Jail 48 hours later. Before this, she filed a motion before the Manila Regional Trial Court (RTC) to allow her to breastfeed her daughter for a year at the hospital or a prison nursery.  But Manila RTC Branch 20 Judge Marivic Balisi-Umali denied this, saying that the jail has “very limited resources” for the care of her child.  Nasino was also among 22 elderly and medically-compromised detainees who filed a motion for their compassionate release amid the pandemic on April 8 before the Supreme Court. But months later, the High Court ruled that the trial courts will be the ones to decide on their temporary release. On August 13, the activist-mother was ordered to turn her child over to her relatives.  River was admitted at the Philippine General Hospital for fever and diarrhea on September 24. She was placed in the intensive care unit on October 9 where she died a few hours later.  A few hours before her daughter died, Nasino filed a very urgent motion for furlough so she can be with her child in her dying moments. On October 13, Manila RTC Branch 47 Judge Paulino Gallegos granted her three full days from October 14 to 16 to be by her daughter’s side during the wake and burial.  But the next day, he cut Nasino’ furlough down to only six hours from 1 to 4 p.m. on October 14 and 16 after receiving opposition from the Manila City Jail. The Manila City Jail cited lack of personnel, health concerns, and a guideline stating that detainees can only be at their loved ones’ burial and wake for a maximum of three hours. For both the wake and the funeral, Nasino was clad in a full set of personal protective equipment, handcuffed, and flanked by numerous uniformed personnel.  Tensions rose during the wake after her escorts tried to pull her away twice before her time was up, eventually escorting her out with 20 minutes to spare before 4 p.m. On October 16, Marites Asis, Nasino’s mother, had to kneel and beg in front of the police to allow them to hold funeral at 11:30 a.m. The cops wanted to delay it until 1 p.m. Police also sped off with River’s hearse to the Manila North Cemetery, leaving her family behind and thwarting activists’ plan to conduct a caravan around the Supreme Court and the Court of Appeals before burying her at the cemetery. Nasino’s counsels at NUPL earlier said that they will file charges against those involved in the activist’s treatment during her daughter’s wake and burial. .....»»

Source: Mb.com.ph Mb.com.phCategory: NewsOct 18th, 2020Related News

Manila church to hold ‘Parade of Saints’ online

  BY LESLIE ANN G. AQUINO     With the coronavirus disease 2019 (COVID-19) pandemic, a parish in Manila is bringing this year’s “Parade of Saints” online. The Santisima Trinidad Parish in Malate, Manila on October 16 announced that the traditional Halloween activity will be done online. Those who wish to participate in the online […].....»»

Source: Tempo TempoCategory: NewsOct 18th, 2020Related News

Where have you Christians been?

WORD ALIVE  FR. BEL SAN LUIS, SVD It happened in China a few years before the Communists expelled the missionaries. A foreign Catholic missionary came upon an old woman by the wayside, deserted, cold, and hungry. “Why do you bother about me?” the old lady whispered feebly when the priest tried to help her as best as he could. “Nobody else cares. Why should you?” * * * “God said to go out over the world and help everyone who is in need,” the priest said.  Pondering over the words of the priest, she said, “What a beautiful religion. Where did it come from? ” * * * Whereupon the priest started to tell her about God who loves us and sent his own Son Jesus Christ to save us. “Your Christ,” the old woman went on, “Where is He?” When the priest said He died two thousand years ago, she was amazed. “Do you mean to say that it has been two thousand years since Christ commanded his followers to spread his teachings? Why, where have you Christians been all this time?” * * *         This might well be the pointed question addressed to us as we celebrate World Mission Sunday today. Before ascending to heaven, Jesus commanded his apostles: “Go out into the whole world and proclaim the Good News to every nation. He who believes and is baptized will be saved” (Mk 16,15). * * *         Pope Francis gave the Church his first apostolic exhortation, Evangelii Gaudium (The Joy of the Gospel). In it he proposed a profound missionary renewal of the entire Church. He asserted that we need an “evangelizing Church that comes out of herself…All renewal in the Church must have mission as its goal; otherwise, it falls prey to a kind of ‘ecclesial introversion.’”  * * *         How can we be an “evangelizing Church”? Obviously, not all can go out of their country to reach out to peoples who have not known Christ. If some heroic Christians can do it as missionaries, great. But for most of us, all that we can do is be missionaries at home. * * * Remember St. Therese of the Child Jesus? She is the universal patroness of Catholic missions yet, ironically, she never stepped out of the four walls of her Carmelite cloister! She merited the title because of her burning obsession to save souls by offering every little act, every bodily pain for the conversion of immortal souls. * * * When I was ordained priest in our missionary congregation, Society of the Divine  Word (SVD), I applied to work in  Mexico, Central America. Unfortunately I never got my wish. The farthest I’ve gone to is Mexico… Pampanga! * * * That doesn’t mean, however, that I am not a genuine missionary. By my work in the media or supporting seminarians under the “Adopt A Seminarian” scholarship program, I am a missionary. What counts is not geography, but the missionary spirit or attitude. In this connection, let’s not be missionaries only on Mission Sunday. As a good Christian, the mission spirit should be an all-time continuing attitude and action. * * * Further, you can be missionaries by means of extending financial assistance. Be generous and share your resources for the support of missionaries. Money is a necessity in the work of evangelization. Churches, schools, convents, clinics, social centers are needed, especially in the “bush” mission. * * * Every Christian is a missionary. Are you doing your share? * * *             LAUGH WITH GOD. A parish priest was making an impassioned appeal to the parish council for the annual mission collection. Great was everybody’s surprise when the wealthiest but tight-fisted member of the council rose and offered to start the collection rolling with a contribution of P500. * * *           As he stood up to hand in the amount, a mild earthquake took place and some plaster from the ceiling fell and hit him on the head. A bit shaken, he withdrew the amount and said, “I guess I’d better make that P5,000.” A small voice  from the back was heard, “Hit him again, Lord.” (It’s not  known if he gave some more!).  * * *           HELPING MISSIONARY SEMINARIANS. We Filipinos are blessed because there are still a good number of young men who wish to become priests and missionaries. But they have difficulty in pursuing their priestly vocation due to financial constraints, especially this time of the COVID-19 crisis. * * *           Chip in or sponsor a year’s scholarship of a seminarian. REMEMBER: Without seminarians, we cannot have priests and missionaries. For inquiry, e-mail me at belsvd@gmail.com.  * * * FAMILY TV MASS – is aired on 5PLUS Channel 59, Cignal Cable Ch. 6, Free TV Ch. 41 at 6-7 a.m.  Sunday and anytime at “MCFI SVD Media” Account on YouTube and Facebook Page. Priest presider: FR. LOUIE PUNZALAN, SVD......»»

Source: Abscbn AbscbnCategory: LifestyleOct 18th, 2020Related News

PH logs 2,673 new infections; 35K contact tracers hired

The Philippines coronavirus disease 2019 (COVID-19) cases rose to 354,338 on Saturday after the Department of Health reported 2,673 new infections......»»

Source: Thestandard ThestandardCategory: NewsOct 17th, 2020Related News

Robinsons expands health portfolio, buys Rose Pharmacy

The Gokongwei Group has strengthened its footprint in the pharmaceutical space......»»

Source: Philstar PhilstarCategory: FinanceOct 17th, 2020Related News

Gokongwei acquires Rose Pharmacy

Robinsons Retail Holdings Inc. said Friday pharmaceutical unit South Star Drug Inc. acquired 100 percent of Cebu-based drugstore chain Rose Pharmacy Inc. for P4.5 billion......»»

Source: Thestandard ThestandardCategory: FinanceOct 16th, 2020Related News

Robinsons Retail acquires 100% of Rose Pharmacy to boost drugstore business

Robinsons Retail Holdings Inc. announced Friday it would take over Rose Pharmacy Inc., a leading drugstore chain in the Visayas and Mindanao regions......»»

Source: Philstar PhilstarCategory: NewsOct 16th, 2020Related News

Market rises slightly; MerryMart, ICTSI climb

The stock market rose slightly Thursday in thin trading, with sentiments weighed down by rising virus cases and fresh lockdowns in Europe......»»

Source: Thestandard ThestandardCategory: FinanceOct 16th, 2020Related News