Cemex Holdings Philippines Inc. (CHP) reported a 26 percent drop in net income to P726 million last year from the P985 million earned in 2020 mainly due to foreign exchange losses as well as the lower operating earnings in the fourth quarter. In a disclosure to the Philippine Stock Exchange, CHP...
(FILE PHOTO) The Department of Health (DOH) said that the coronavirus disease (COVID-19) has yet to reach the endemic stage at this point in time. “For now, we cannot say that it is really at that state where we have this endemic,” said DOH Undersecretary Maria Rosario Vergeire in a press...
65270 As demand for digital financial solutions skyrocketed in the pandemic, local open finance platform UBX quintupled its revenues last year and expects to sustain its growth momentum in 2022. In 2021 alone, UBX hauled in P20 billion in annual gross transaction value serving over 200,000 business...
Last November 2021, at the 26 th United Nations Climate Change Conference, world leaders came together to discuss the future of the planet and the target to keep global temperature rise within 1.5 degrees Celsius by the end of the century. Today, the Earth is 1.2 degrees Celsius warmer than it was...
The National Economic and Development Authority (NEDA) said the economy is still poised to grow within the government’s target for this year as the Omicron variant has had more than a mild impact on business activity. At the Management Association of the Philippines Economic Briefing on Thursday,...
The number of jobless Filipinos slightly inched up in the final month of last year, largely due to a larger labor force participation, according to the Philippine Statistics Authority (PSA). Based on the December 2021 Labor Force Survey released on Thursday, Feb. 10, the PSA said that unemployed...
The government's pandemic task force approved on Thursday, Feb. 10, the proposal to accept COVID-19 vaccine certificates from Brazil, Israel, South Korea, and Timor Leste as proof of inoculation. A passenger walks with luggage at the arrivals hall of Tokyo's Haneda international airport on January...
Digital Pilipinas, the largest private sector-led movement to tech up the country and the French Chamber of Commerce in the Philippines, in partnership with La French Tech, kicked 2022 with a Startup Pitch Competition featuring nine Filipino and French startup companies to pitch their ideas to gain...
As part of its "One Godly Vote Voters' Education Campaign," the Catholic Bishops' Conference of the Philippines Commission on Public Affairs & Commission on Social Communications will spearhead an election forum for the May 2022 polls. Photo Radio Veritas The Catholic Election Forum for...
IM Daniel Quizon The National Chess Federation of the Philippines (NCFP) will hold a qualifying tournament on Thursday as part of their selection process for the national team that will compete in the 31st Southeast Asian Games in Hanoi, Vietnam. The four-day meet will be held at the PACE building...
The extreme challenges posed by the pandemic and its economic fallout over the past two years have fueled Filipinos’ interest in insurance as shown by the 27 percent jump in spending allocation for insurance premiums in 2021, a study by the Hong Kong-based insurer AIA Group revealed. Based on the...
The Philippines and the United Arab Emirates (UAE) have renewed their commitment to further strengthen the bilateral relations between the countries, Malacañang said. President Rodrigo Duterte and United Arab Emirates (UAE) Crown Prince Sheikh Mohamed bin Zayed Al Nahyan engage in a discussion as...
