However, he eventually got tired of being in the financial sector, especially after a controversy over alleged insider trading accusations and decided to become a politician. However, he eventually got tired of being in the financial sector, especially after a controversy over alleged insider trading accusations and decided to become a politician. Joey is also advocating for the regulation of cryptocurrency, which, unfortunately, the Philippines continues to be unfamiliar with and suspicious of, leading to scams. Joey points out that the outflow of Chinese funds is due to the collapsing real estate economy of China. Proceeds from the golf tournament will go to the charitable projects of the embassy.
Source:Philippine Star
October 11, 2024 12:09 UTC
READ: Marcos challenges China over clashesPresident Ferdinand Marcos challenged Chinese Premier Li Qiang over recent clashes in the South China Sea at regional summit talks on Thursday, as fears grow that conflict could erupt in the disputed waterway. Garcia said that the 155 accredited party-lists were comprised of 113 groups that were previously accredited in past elections while the 42 others were newly accredited groups. He pointed out that the number of partylist groups for the 2025 elections is lower compared to the 177 filers in the last 2022 polls. Electronics remained the country's top export, accounting for $3.57 billion or 52.9 percent of total exports in August. The United States was the biggest buyer of Philippine-made goods during the month, having purchased $1.22 billion or 18.1 percent of total exports.
Source:Manila Times
October 11, 2024 01:06 UTC
WASHINGTON, D.C. — Republican White House candidate Donald Trump praised Indian Prime Minister Narendra Modi as a "total killer" on Wednesday as he discussed foreign leaders during a media blitz for the final stretch of his election campaign. He's a friend of mine," Trump told a podcast with millions of subscribers hosted by standup comedian Andrew Schultz. Modi hosted Trump at an even bigger US-style rally in his home state of Gujarat during Trump's last year in office, before an estimated 100,000 supporters. AdvertisementTrump — who, like Modi, has been accused of discriminating against Muslims — has stood by the Indian leader through multiple controversies, including the revocation of autonomy for Muslim-majority Kashmir. "We had a couple of occasions where somebody was threatening India," Trump told Schultz.
Source:Manila Times
October 10, 2024 22:10 UTC
00:00 How are we going to bring the Filipinos back home to Lebanon? 00:08 There are more than 400 now who would want to be repatriated. 00:18 Sir, does this mean a mandatory repatriation? 00:23 Sir, when are we going to call for a mandatory repatriation? 00:27 When are we going to raise the alert level 4?
Source:Manila Bulletin
October 10, 2024 20:32 UTC
00:00 What is the position of the Philippines regarding the five points of consensus? 00:30 We have not been very successful in actually changing the situation, so we are trying to formulate new strategies. 00:40 What could be the new orders?
Source:Manila Bulletin
October 10, 2024 20:32 UTC
The Philippine Institute of Volcanology and Seismology (Phivolcs) said Taal Volcano experienced a minor phreatic or steam-driven eruption at 7:21 a.m. on Thursday, Oct. 10, which produced a plume that reached a height of 2.8 kilometers. Phivolcs said Alert Level 1 is still in effect for Taal Volcano, which has been under this alert status since July 11, 2022. READ MORE: https://mb.com.ph/2024/10/10/taal-volcano-spews-2-8-km-plumeSubscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletinVisit our website at http://mb.com.phFacebook: https://www.facebook.com/manilabulletinTwitter: https://www.twitter.com/manila_bulletinInstagram: https://instagram.com/manilabulletinTiktok: https://www.tiktok.com/@manilabulletin#ManilaBulletinOnline#ManilaBulletin#LatestNews
Source:Manila Bulletin
October 10, 2024 20:32 UTC
But on Thursday, the central bank fleshed out plans to encourage "the healthy and stable development of the capital market" by opening up a "swap facility" worth 500 billion yuan ($70.6 billion) that will allow firms to access cash to buy stocks. 'Fully confident'People's Bank of China (PBOC) chief Pan Gongsheng said at the time the plans would "significantly enhance" firms' ability to access funds to buy stocks. An analyst told Agence France-Presse (AFP) the central bank had been "doing much of the heavy lifting in the latest wave of stimulus." "The PBOC recognizes the urgency needed to address the economic issues in China," Heron Lim, an economist at Moody's Analytics, said. "What is required now is the action plan for fiscal support to come through."
Source:Manila Times
October 10, 2024 16:21 UTC
PEPSICO lowered its sales forecast for the year as consumers in the United States, China and elsewhere continued to pull back on buying its snacks and drinks. PepsiCo said its organic revenue rose 1.9 percent in the first three quarters of this year. Globally, PepsiCo said it raised prices 3 percent and sales volumes fell 2 percent. PepsiCo's quarterly revenue growth — which had frequently grown by double digits in recent years — has slowed sharply in the last few quarters. Adjusted for one-time items, PepsiCo earned $2.31 per share, which was higher than the $2.29 per share analysts were expecting.
Source:Manila Times
October 10, 2024 04:16 UTC
BREAKUP This July 19, 2016 file photo shows the Google logo at the company’s headquarters in Mountain View, California. This case, focusing on Google's search engine dominance, is part of a broader legal offensive against the company's alleged antitrust violations in the US. AdvertisementThese deals involve substantial payments to secure Google's search engine as the default option on browsers, iPhones and other devices. The judge determined that this arrangement provided Google with unparalleled access to user data, enabling it to develop its search engine into a globally dominant platform. From this position, Google expanded its tech empire to include the Chrome browser, Maps and the Android smartphone operating system.
Source:Manila Times
October 10, 2024 04:15 UTC
THREE food importers have been blacklisted and five more could lose their licenses for engaging in illegal activities, the Department of Agriculture said on Wednesday. The blacklisted firms were identified as LVM Grains Enterprises, which imported rice, cashew nuts and coffee without the proper clearances, and Kysse Lishh Consumer Goods Trading and Golden Rays Consumer Goods Trading, which brought in onions and oranges despite having no import permits and licenses. AdvertisementThree companies that engaged in anti-competitive trade activities are being prosecuted by the Philippine Competition Commission, the DA said. The DA noted that President Ferdinand Marcos Jr. had just signed a law classifying smuggling, hoarding and cartel operations involving farm goods as economic sabotage. "We will not turn a blind eye to these importers' illegal practices that undermine government revenues and put public health at risk," Agriculture Secretary Francisco Tiu Laurel Jr. said.
Source:Manila Times
October 09, 2024 16:46 UTC
(UPDATE) SEOUL — Samsung Electronics said on Tuesday it expected third-quarter (Q3) profits to jump almost threefold, but fell short of market expectations as it struggled to leverage robust demand for chips used in artificial intelligence servers. The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates that dominate business in Asia's fourth-largest economy. The tech giant said in a regulatory filing that its July-September operating profits were expected to rise to 9.1 trillion won ($6.8 billion), up 274.5 percent from a year earlier. It is also down nearly 13 percent from the firm's operating profit of 10.44 trillion won in the previous quarter. Shares in Samsung fell 1.5 percent in Seoul on Tuesday.
Source:Manila Times
October 09, 2024 04:26 UTC
Parents will do anything to get their children a college diploma in the hope that it will help bring them out of their hand-to-mouth existence. College education, outside of a few institutions, is a scam perpetrated by people running diploma mills. Jobseekers must have the right skills, never mind the diploma, to be employed. Using data from the Program for International Student Assessment (PISA) assessments, he stressed that education systems must evolve to prepare students with both technical skills and essential soft skills, including problem-solving and creative skills and emotional resilience. Technical skills are expected but soft skills that will reveal how a job applicant will interact with a BPO client is just as important.
Source:Philippine Star
October 08, 2024 19:01 UTC
Be kind to agentsI have, on three occasions quite recently, been invited by group managers of different Sunlife teams to conduct training and motivation sessions for their members. So, offering insurance or pre-need plans is a viable choice because the outcomes are largely dependent on the effort you make, but not overly stressful like other sales or performance driven jobs. One guy I interviewed got into the “job” so he could use the money to pay for his family’s own pre-need plans. What many of us who are not in the industry don’t know is that it is a hard job, nonetheless. I am sharing this with our readers in the hope that they would have a better understanding and kindness towards people offering pre-need plans or insurance.
Source:Philippine Star
October 08, 2024 19:00 UTC
PPA tells importers: Stop using ports for storageIn a recent radio interview, PPA general manager Jay Santiago said several importers deliberately delay the withdrawal of their containers to save up on costs. MANILA, Philippines — The Philippine Ports Authority (PPA) has warned importers against using ports as warehouses to avoid paying more for storage fees, asking them to pull their shipments out as soon as possible to prevent yard congestion. In a recent radio interview, PPA general manager Jay Santiago said several importers deliberately delay the withdrawal of their containers to save up on costs. An importer who parked a container in a port for 30 days would pay just P30,000. The PPA wants importers, particularly of agricultural products, to pull out their containers from the ports as fast as possible during the holiday leadup.
Source:Philippine Star
October 08, 2024 12:20 UTC
Newly installed Interior and Local Government Secretary Jonvic Remulla said President Ferdinand Marcos Jr. gave him marching orders to craft a recommendation for a more cohesive and effective police force, restructure the National Police Commission, and ensure the safety of all candidates for the 2025 midterm elections. Video by Kristina MaralitGet the latest newsdelivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy
Source:Manila Times
October 08, 2024 09:45 UTC