SEOUL — A South Korean company has invented a battery-powered filtered face mask designed to reduce annoying problems associated with conventional designs, such as breathing difficulties and fogged-up glasses. LG Electronics’ PuriCare Wearable, which comes in one size and weighs as much as a pair of ski goggles, features two fans and high-efficiency particle air […]
By Diwa C. Guinigundo Bangko Sentral Governor Ben Diokno announced that starting Sept. 18, the BSP will offer P20 billion ($411 million) worth of 28-day bills to the market. This is a milestone. We presume that the BSP and the Bureau of the Treasury (BTr) coordinated closely to assiduously define the parameters of […]
By Luis V. Teodoro As if to mock not only the country and the people Ferdinand Marcos and his civilian and military thugs pillaged and victimized but also the very same government of which they’re supposed to be a part, the House of Representatives passed a bill declaring Sept. 11, 2020 as “President […]
By Kristine Romano and Oleg Timchenko IN THESE uncertain times, COVID-19 has fueled an urgency for leaders to rapidly adopt data analytics to protect their people and keep pace with changing consumer demands. Geospatial data, which focuses on location intelligence, is quickly emerging as an important tool. By layering in data with components […]
The Bangko Sentral ng Pilipinas will launch its maiden securities offering on Sept. 18. — BLOOMBERG THE central bank is set to begin selling its own securities on Sept. 18, saying this will become an additional tool in managing liquidity in the financial system. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Wednesday […]
Consumers in Metro Manila will see lower electricity bills this month. — BW FILE PHOTO POWER RATES in Metro Manila will go down again this month with typical households likely to see a P12 cut in their bills, Manila Electric Co. (Meralco) said on Wednesday. In a statement, the utility giant said the September electricity […]
The Health department’s budget for 2021 is 14% lower than this year, despite the ongoing pandemic. — PHILIPPINE STAR/MICHAEL VARCAS SENATORS on Wednesday questioned the economic team’s priorities under the proposed P4.5-trillion national budget for 2021 as allocations for health and social safety nets were cut and funds for infrastructure projects increased despite the ongoing […]
By Luz Wendy T. Noble, Reporter THE Duterte administration needs to put policy reforms in place to attract more foreign investments by end-2020, before the presidential election campaign gets underway, according to an analyst. “With elections approaching in 2022, policy reforms are needed before end-2020, to bear fruit and pre-empt rising political uncertainty as presidential […]
THE Ayala Group is considering making hybrid work arrangements permanent as it increases its focus on digital transformation for its operations. In a speech at the Ayala-FINEX Finance Summit held virtually on Wednesday, Ayala Corp. Chairman and CEO Jaime Augusto Zobel de Ayala said the conglomerate is currently evaluating the need for office spaces. “Over […]
A logo of Globe Telecom is seen at a service center in Quezon City, May 7, 2018. — REUTERS/DONDI TAWATAO/FILE PHOTO GLOBE Telecom, Inc. expects 900 more cell sites to be built soon as its partnerships with tower builders are now in advanced stages, the Ayala-led telecommunications services provider said. In a statement, Globe said […]