Pressure mounts on telcos to combat text scams

UNSPLASH THE country’s major mobile operators, which are under greater pressure to address the worsening text scams, are seeking shared stakeholder efforts. “At a time of aggressive cybercriminal activity amid growing digitalization, Globe Telecom, Inc. asserts that the public, government and industry players, including telcos, are all victims of these illegal acts,” Globe Chief Information Security Officer […]

Chinese solar company keen on boosting presence in PHL

CHINESE company Trina Solar Co., Ltd. said it plans to expand its presence in the Philippines, which is expected to achieve its goal of increasing its solar energy capacity this year. “We will help generate more electricity by pushing solar in the market,” Liu Zhen, Trina Solar’s regional marketing manager for Asia-Pacific and Middle East […]

Megawide targets more Manila subway contracts

MEGAWIDE Construction Corp. is looking to bid for more segments of the Japan-funded Metro Manila Subway Project, the company’s top official said. “We are still aiming for one more project, which will be [offered by the government] by next year,” Megawide Chairman, Chief Executive Officer and President Edgar B. Saavedra told reporters at a recent […]

SEC revokes Unity Premier’s registration

THE Securities and Exchange Commission (SEC) has revoked the registration of Unity Premier Business Group OPC for allegedly running an investment scheme. The SEC said that Unity Premier, a one-person corporation, had violated Section 44 of the Revised Corporation Code or RCC. Under the RCC, no corporation is permitted to exercise corporate powers beyond those […]

Poor air quality increases TB risk among the vulnerable

PHILIPPINE STAR/ MICHAEL VARCAS By Patricia B. Mirasol, Reporter AIR POLLUTION has an unequal impact on health, with the most vulnerable people bearing the brunt of its ill effects, according to Greenpeace.   In a report released on Sept. 1, the independent global campaigning network said that socioeconomic deprivation increases an individual’s vulnerability to air pollution […]

Bank chiefs optimistic on economy’s prospects

BW FILE PHOTO PHILIPPINE BANKS see double-digit growth in their assets, loans, deposits, and net income for the next two years as they expect the economy’s recovery to continue, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday. Results of the BSP’s Banking Sector Outlook Survey (BSOS) for the second semester of 2021 showed banking […]

CTA affirms dismissal of P172-M tax assessment vs. Red Ribbon

CTA.JUDICIARY.GOV.PH/ THE Court of Tax Appeals (CTA) has affirmed a 2021 ruling dismissing the P172.23-million 2009 tax assessment against Red Ribbon Bakeshop, Inc. In a 23-page decision dated Sept. 2 and made public on Sept. 5, the CTA full court ruled that the officers who conducted the audit of the firm’s liabilities were not authorized […]

Knowledge platform Docquity raises $44M to grow presence in SEA 

DOCQUITY.COM DOCQUITY, a medical education and knowledge-sharing platform for doctors, announced that it raised a total of $44 million in its Series C financing round, led by existing investor Japan’s Itochu Corp. with $32 million.   This latest infusion, announced on Sept. 5, will be used to strengthen Docquity’s presence in Southeast Asia (SEA), including the […]

Treasury rejects all tenders for reissued 3.5-year bonds

THE GOVERNMENT rejected all bids for its offer of reissued 3.5-year bonds as investors wanted higher yields. — BW FILE PHOTO THE GOVERNMENT rejected all bids for reissued 3.5-year Treasury bonds (T-bonds) it offered on Tuesday as the market asked for higher yields amid expectations of more rate hikes here and abroad. The Bureau of […]

A retelling of stories of Filipinas and histories of the motherland

JUAN’s Spolarium and Anna’s Lupang Tigang by Imelda Cajipe Endaya THROUGHOUT her career, artist Imelda Cajipe Endaya focused on works about women and the history and socio-political climate of a nation. These themes can be seen in a new retrospective, “Imelda Cajipe Endaya: Pagtutol at Pag-asa” (Refusal and Hope), which showcases six decades of her […]