BusinessMirror

14/11/2024

President Ferdinand R. Marcos Jr. approved on Wednesday the Department of Science and Technology’s program which will prioritize the distribution of farm machines produced in the Philippines.

President Ferdinand R. Marcos Jr. approved on Wednesday the Department of Science and Technology’s (DOST) program which will prioritize the distribution of farm machines produced in the Philippines. The Presidential Communications Office (PCO) said in a statement that Marcos convened with Science ...

14/11/2024

Between October 29 and November 4, Naia saw a significant surge in passenger traffic, handling a total of 932,405 travelers and 5,627 flights—record volumes not seen in the last four years.

The New Naia Infra Corp. (NNIC), the private operator of Ninoy Aquino International Airport (Naia), on Wednesday reported robust operational performance during the recent Undas peak travel period. Between October 29 and November 4, Naia saw a significant surge in passenger traffic, handling a total....

14/11/2024

The United Nations hopes to raise US$32.9 million to deliver aid to vulnerable communities severely affected by recent storms in the Philippines.

THE United Nations hopes to raise US$32.9 million to deliver aid to vulnerable communities severely affected by recent storms in the Philippines. As Ofel intensified into a typhoon category storm, another tropical cyclone was posed to enter the Philippine Area of Responsibility (PAR) threatening t.....

14/11/2024

Watch: is now a supertyphoon, Pagasa said in its 8 o'clock weather advisory on November 14.

became stronger, with maximum sustained winds of 185 kilometers per hour near the center and gustiness of up to 230 kilometers per hour. These winds can knock down houses, especially those built with light materials and situated near coastal areas. Most houses and buildings may be severely damaged. Power lines will be disrupted, and tall trees will be uprooted.

The northeast portion of mainland Cagayan -- such as Santa Ana and Gonzaga -- will likely experience this powerful wind for at least 12 hours. Thus, Signal number 5 has been hoisted over northeast Cagayan.

Signal number 4 is also raised in the northern and eastern portions of mainland Cagayan and the northeast portion of Isabela.

Winds in this area are also intense, at 118 kilometers per hour or up to 184 kilometers per hour. Damage is expected even in concrete structures; roofs will be blown away, and walls might also collapse.

Pagasa says evacuation should have been completed by now in areas under Signal Nos. 4 and 5, as the Supertyphoon will likely make landfall this afternoon.

14/11/2024

Unicef.org offers 7 practical tips for handling picky eaters:

I REMEMBER both my children started having particular food preferences during their toddler years. My daughter liked anything sour like sinigang (Filipino tamarind soup) and even a slice of lemon or calamansi. My son liked tofu and miso soup. They would actually refuse to try other things. We notice...

14/11/2024

The Philippines has secured another million-dollar loan from the World Bank to help the government push forward the country’s digital transformation.

THE Philippines has secured another million-dollar loan from the World Bank to help the government push forward the country’s digital transformation. In a statement, the World Bank said it approved a $750 million Second Digital Transformation Development Policy Loan for the Philippines. The loan w...

14/11/2024

In his testimony at the House of Representatives’ Quad Committee, Duterte, who was under oath, reiterated his responsibility for the “shortcomings” in his administration’s war on drugs.

A DEFIANT former President Rodrigo Duterte on Wednesday assumed full legal responsibility for extra-judicial killings (EJKs) during his anti-drug campaign while challenging the International Criminal Court (ICC) to “come as early as tomorrow” to investigate him. In his testimony at the House of ...

14/11/2024

The United Sugar Producers Federation of the Philippines is urging the Sugar Regulatory Administration to fasttrack the inspection of mills after the group’s members reported lower sugar yield.

The United Sugar Producers Federation of the Philippines (Unifed) is urging the Sugar Regulatory Administration (SRA) to fasttrack the inspection of mills after the group’s members reported lower sugar yield. Unifed President Manuel Lamata said he “questions the integrity of mills” due to the ...

14/11/2024

The report said given the rapid market evolution and the significant impact AI is anticipated to have on business operations, “this readiness gap is especially critical.”

THE Philippines has shown a worrying “stagnation” in AI readiness despite rapid market evolution, according to the newly released Cisco 2024 AI Readiness Index. According to the report, while 98 percent of businesses recognize the urgency of AI adoption, only 22 percent report being fully prepar...

14/11/2024

She led the signing of the Fund for Responding to the Loss and Damage on November 12 during the 2nd day of the 16th Conference of Parties in Baku, Azerbaijan.

THE Philippines may be a test case for the Loss and Damage Fund in responding to the cumulative loss of lives and damage to critical infrastructure, Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo-Loyzaga said. Yulo-Loyzaga led the signing of the Fund for Respondi...

14/11/2024

President-elect has tapped former Democratic Rep. Tulsi Gabbard to be the next director of national intelligence, a powerful position that sits atop the nation's spy agencies and acts as the president's top intelligence adviser. Gabbard, 43, was born in the U.S. territory of American Samoa, raised in Hawaii and spent a year of her childhood in the Philippines. via AP

14/11/2024

Macron opposes any agreement as long as South American producers fail to adhere to the same environmental and health standards as Europeans.

Paris—French farmers protested Tuesday against a trade deal that would increase agricultural imports from South America, saying it hurt their livelihoods. The European Union and the Mercosur trade bloc, composed of Brazil, Argentina, Paraguay, Uruguay and Bolivia, reached an initial agreement in 2...

14/11/2024

Thursday Editorial Cartoon

14/11/2024

Low-and middle-income countries like the Philippines can access at least $120 billion worth of climate financing from multilateral development banks.

LOW- and middle-income countries like the Philippines can access at least $120 billion worth of climate financing from multilateral development banks (MDBs) by 2030. In a joint statement, MDBs like the Manila-based Asian Development Bank (ADB) and the Washington-based World Bank Group, said the fina...

13/11/2024

His proposed U.S. Mass Deportation Policy targets around one million undocumented immigrants for deportation annually.

The Department of Migrant Workers (DMW) vowed to assist undocumented Filipino immigrants in the United States, who may be sent back home following President-elect Donald Trump’s Mass Deportation Policy. In a statement on Wednesday, Migrant Workers Secretary Hans Leo Cacdac said the DMW is equipp....

13/11/2024

The Philippine banking system’s net bad loans ratio in September was at its lowest since March this year, according to the Bangko Sentral ng Pilipinas.

THE Philippine banking system’s net bad loans ratio in September was at its lowest since March this year, according to the Bangko Sentral ng Pilipinas (BSP). The BSP data showed the net non-performing loan (NPL) ratio of Philippine banks was pegged at 1.57 percent in September 2024, the lowest sin...

13/11/2024

LOOK: and residents are warned of "widespread events of severe flooding and landslides" tomorrow, Thursday, as Typhoon makes a landfall. -DOST says will dump insane amount of rain of more than 200 mm (imagine this amount of water can fill up a swimming pool). Both provinces have yet to recover from Tropical Storm Nika and Typhoon Marce.

13/11/2024

WATCH: Former President Rodrigo Duterte loses his cool at former Sen. Antonio Trillanes during the House Quad Commitee inquiry on war against drugs. Duterte nearly threw the microphone across the table towards Trillanes as he was piqued at the suggestion of the former senator to sign a waiver to open his bank account during the hearing. via Jovee Marie dela Cruz