PIXABAY By Bronte H. Lacsamana OVERWHELMED by daily learning modules requiring focus in a household of eight people, 16-year-old Shaia found herself struggling with mental health issues made worse by Metro Manila’s lockdowns. “Around April this year, I had a…
Economy
SEC clears Aboitiz group for next tranche of P30-B bonds
ABOITIZ Equity Ventures, Inc. (AEV) on Tuesday said the Securities and Exchange Commission (SEC) has allowed the company to sell the third tranche of its P30-billion shelf-registered fixed-rate bonds. In a disclosure to the exchange, AEV said it received its…
ICTSI’s South Pacific unit begins bulk coffee operations
LISTED port operator International Container Terminal Services, Inc. (ICTSI) announced on Tuesday that its unit South Pacific International Container Terminal (SPICT) in Papua New Guinea has started its bulk coffee operations. “SPICT’s coffee bulking facility offers a 2,000-square-meter, fully equipped…
Tech firm 1Export targets P500-million revenue
RAWPIXEL.COM/ FREEPIK.COM By Jenina P. Ibanez, Reporter TECH-ENABLED export platform 1Export is aiming to record P500 million in revenues by the end of 2022 as it links more local small businesses to global markets. “We recently recorded about P25 million…
Roxas and Co. sees output rebound
A SUBSIDIARY of Roxas and Co., Inc. (RCI) is set to boost production from its integrated coconut processing plant after the approval of a P100-million loan, the listed firm said in a stock exchange disclosure on Tuesday. Edgar P. Arcos,…
NEDA’s Chua calls for better data to accelerate economic reform
PHILSTAR THE GOVERNMENT needs to improve its information gathering and management to help policymakers develop vital economic reforms faster, Socioeconomic Planning Secretary Karl Kendrick T. Chua said. “Evidence-based policies can accelerate the implementation of long-overdue reforms,” Mr. Chua said during…
‘Circuit breaker’ lockdown urged on Delta spike
RESEARCHERS from the country’s premier university on Tuesday flagged a fresh surge in coronavirus infections in Manila, the capital and nearby cities amid the threat of a more contagious Delta variant from India. The government should enforce a “circuit-breaker” lockdown…
PSEi up on positive data, vaccination progress
COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. STOCKS rebounded on Tuesday as investors picked up bargains following improved energy consumption data reported by Manila Electric Co. in the first half of the year and progress in the country’s vaccination program. The…
Peso weakens vs dollar on budget balance, BoP data
THE PESO weakened further on Tuesday following the release of reports showing the country recorded budget and balance of payments deficits in the first half. — BW FILE PHOTO THE PESO retreated versus the greenback on Tuesday due to data…
Former DoE official elected as PEMC president
By Angelica Y. Yang, Reporter FORMER ENERGY Assistant Secretary (ASec) Leonido J. Pulido III has been elected to lead the Philippine Electricity Market Corp. (PEMC) as its president, the company said Tuesday. Mr. Pulido “was elected PEMC President. He is…