CEBU CITY – Through a deeply rooted Filipino culture, the city of Danao is slowly recovering from the devastation of typhoon "Tino." Danao Mayor Nito Durano III said the people of Danao have displayed remarkable “bayanihan" spirit that led to a steady, organized, and community-supported...
The Philippine Red Cross (PRC) has opened its first medical tent at the Cebu Provincial Hospital in Bogo City and reported a surge in blood donations from Cebuanos after the devastating 6.9-magnitude earthquake struck Northern Cebu earlier this week. The facility, now fully operational, is...
As regulations tighten and public spaces become increasingly smoke-free, the tobacco industry is pivoting its strategy, investing heavily in "next-generation" nicotine products. From heated tobacco to oral pouches, the goal is to satisfy adult consumer demand for nicotine while adapting to...
Stockholm, Sweden – JTI Philippines is optimistic about the prospects of its Nordic Spirit oral nicotine product, which offers adult consumers an alternative to combustible cigarettes. Karin Tan, JTI Philippines ' Reduced Risk Products (RRP) Category Director, stated that the Philippines is...
United States Ambassador to Manila MaryKay Carlson and the embassy staff put their creative hat on as they wished everyone a happy Christmas using an origami airplane. (Screenshot from United States Embassy in the Philippines video) “Our spirits are flying high (airplane emoticon)...
In celebration of “Bayanihan” this Christmas season, the Malabon City government held its Christmas tree lighting ceremony with this Filipino trait as its hallmark, on Wednesday, Dec. 4. The 40-feet giant Christmas tree in Malabon City (Mayor Jeannie Sandoval's Facebook page) Mayor Jeannie...
Malacañang on Tuesday, Nov. 19, urged government agencies to do away with extravagant Christmas parties amid the lives lost to and damages brought by the successive typhoons that hit the country. President Ferdinand 'Bongbong' Marcos conducts an aerial inspection in Cavite to further assess...
OF SUBSTANCE AND SPIRIT As we wrote this piece, the election in the US was likened into a woman in travail, laboring in child birth. In a few hours, the world will know whether it’s a Donald or a Kamala. The market believes it could be problematic if the US pivots back to narrow economic...
OF SUBSTANCE AND SPIRIT We have been participating almost every year in the Asian Development Bank’s (ADB) Asian Regional Forum on Investment Management of Foreign Exchange Reserves, before and after my retirement from central banking in 2019. While there was some lull during the pandemic in...
OF SUBSTANCE AND SPIRIT When the Royal Swedish Academy of Sciences announced the winners of the Nobel Prize for Economics in Stockholm last Oct. 14, the role of political institutions in economic development and long-term prosperity received some kind of a revival. It’s been 12 years since the...
OF SUBSTANCE AND SPIRIT It was the Royal Swedish Academy of Sciences that announced the winners of the Nobel Prize for Economics at a press conference in Stockholm last week. They were Daron Acemoglu of Massachusetts Institute of Technology (MIT), Simon Johnson also of MIT, and James...
OF SUBSTANCE AND SPIRIT The photos of those who trooped to the Manila Hotel and other Comelec offices to file their certificates of candidacy (COCs) gave us the impression that they have all figured out what they seriously intend to do in the next few years once they get...