Bank lending growth continued to slow in July, the central bank said. — PHILIPPINE STAR/MICHAEL VARCAS BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno expects credit growth to pick up by yearend, as consumer and business confidence is restored with easing lockdown measures over the next few months. In an interview with ABS-CBN News […]
SPORTS VENUES around the country have been turned into quarantine facilities or coronavirus testing centers amid the pandemic. — REUTERS/ELOISA LOPEZ By Michael Angelo S. Murillo, Senior Reporter KIM REMOLINO, a silver medalist triathlete in the Southeast Asian (SEA) Games last year, has had to train on a home treadmill for months after Manila and […]
AVENGERS.SQUARE-ENIX-GAMES.COM By Jason Schreier, Bloomberg AT FIRST, the new Avengers video game from Square Enix Holdings, Co. is disconcerting, like watching a Tony Stark or Captain America impersonator at a children’s birthday party. After more than a decade of memorable performances from Robert Downey, Jr. and Chris Evans in Walt Disney Co.’s Marvel movies, the […]
By Adam J. Ang THE former electricity provider of Iloilo City filed on Monday an anti-competition complaint against the city’s present power utility. Embattled distribution utility Panay Electric Co., Inc. (PECO) said it filed with the Philippine Competition Commission (PCC) a complaint against Razon-led MORE Electric and Power Corp. (MORE Power) for allegedly prohibiting competition […]
MARIA AZUCENA “MARICHU” VERA-PEREZ MACEDA — WWW.FACEBOOK.COM/PROFILE.PHP?ID=100008366402386 FILM producer and Philippine film industry stalwart Maria Azucena “Marichu” Vera-Perez Maceda, affectionately known as Manay Ichu, passed at the age of 77 on Sept. 7 due to “an ongoing illness.” The announcement of her death was made via radio station DZBB where actress and DZBB anchor Ali […]
UNIVERSAL Robina Corp. (URC) is set to complete its acquisition of sugar milling assets from Roxas Holdings, Inc. after obtaining regulatory approval last week. The food and beverage manufacturer told the stock exchange on Monday it had received the go-ahead from the Philippine Competition Commission (PCC) to buy Roxas Holdings’ operations in Negros Occidental. Roxas […]
1 of 2 FOLK-POP outfit Ben&Ben has finally settled on what to name its fandom after several back and forths. This came after announcing then retracting the original name, Lights, on the same day, Sept. 3, after realizing that Lights was already an existing K-pop fandom name. The new name, Liwanag, the Filipino term for […]
A SUBSIDIARY of Ayala-led Integrated Micro-Electronics, Inc. (IMI) is planning to list at the New York Stock Exchange through an initial public offering. In a disclosure on the Philippine Stock Exchange on Monday, IMI said its unit VIA optronics AG has filed a registration statement with the US Securities and Exchange Commission last week. The […]
REED HASTINGS is releasing a memoir entitled ‘No Rules Rules.’ — PHOTOGRAPHER: KWAKU ALSTON/NETFLIX By Lucas Shaw, Bloomberg ABOUT three years ago, Reed Hastings set out to answer a question that had bedeviled Hollywood for the past decade: How did a small DVD-by-mail company build the most popular TV service in the world? Mr. Hastings, […]
PHILSTAR THE Energy Regulation Commission (ERC) said expediting the approvals process for power projects is expected to unlock about P200 billion worth of project proposals currently pending. The commission said at its budget hearing before the House appropriations committee that it wants more personnel to process the applications. However, its proposed budget for personnel services […]