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Lopez pegs two-week ECQ losses at P180 billion
BusinessMirror - 2021-04-15
THE Philippine economy lost about P180 billion during the recent two-week enhanced community quarantine (ECQ) amid the displacement of 1.5 million workers, the Department of Trade and Industry (DTI) said on Thursday.

PHL keen on pushing trade deal with US, GSP renewal
BusinessMirror - 2021-04-15
THE bilateral trade agreement between Manila and Washington remains up in the air as the latter recently transitioned to a new administration. Jose Manuel G. Romualdez, Philippine Ambassador to the US,

Meat importers vow stable pork supply, prices
BusinessMirror - 2021-04-15
AMID calls from lawmakers to revoke Executive Order 128, the Meat Importers and Traders Association (Mita) on Thursday vowed to supply the country with 100 full-container load of headless carcass at P200 per kilogram.

Meat importers vow stable pork supply, prices
BusinessMirror - 2021-04-15
AMID calls from lawmakers to revoke Executive Order 128, the Meat Importers and Traders Association (Mita) on Thursday vowed to supply the country with 100 full-container load of headless carcass at P200 per kilogram.

DPWH chief: Binondo-Intramuros Bridge on track for 2021 opening
BusinessMirror - 2021-04-15
Secretary Mark A. Villar announced on Thursday that the Binondo-Intramuros Bridge is on track to be completed this year even amid the current pandemic situation. The DPWH chief said that implementing office DPWH Unified Project Management Office-Roads Management Cluster 1 (UPMO-RMC 1)

Poland identifies key investment areas in PHL
BusinessMirror - 2021-04-15
Poland seeks to deepen its bilateral relations with the Philippines, identifying green technology, agri-food and information technology as key investment areas. The Philippine Trade and Investment Center (PTIC)-Berlin,

DOE to US investors: Explore opportunities in energy sector
BusinessMirror - 2021-04-15
Energy Secretary Alfonso G. Cusi on Thursday called on American investors to take a look at the numerous energy investment opportunities in the Philippines. During a virtual economic briefing titled "PH-US at 75: Strengthening Ties through Sustainable Recovery,

Digital transformation in government
BusinessMirror - 2021-04-15
Earlier this week, the Anti-Red Tape Authority, the Department of Trade and Industry, the Department of Information and Communications Technology (DICT), and the Department of the Interior and Local Government signed a joint memorandum circular enjoining all local government units (LGUs) to automate their Business Processing and Licensing Systems

Digital transformation in government
BusinessMirror - 2021-04-15
Earlier this week, the Anti-Red Tape Authority, the Department of Trade and Industry, the Department of Information and Communications Technology (DICT), and the Department of the Interior and Local Government signed a joint memorandum circular enjoining all local government units (LGUs) to automate their Business Processing and Licensing Systems

Fraudster-traits assessment part of rules in bank hirings
BusinessMirror - 2021-04-15
A propensity to commit fraud is now part of how banks measure a candidate for their work force under the new rules that the Bangko Sentral ng Pilipinas (BSP) issued last Thursday. BSP Governor Benjamin E.

Google Earth's new Timelapse feature shows chilling effect of climate change
CNN Philippines - 2021-04-15
Google's latest feature, Timelapse, is an eye opening, technical feat that provides visual evidence of how the Earth has changed due to climate change and human behavior.

Remittances up 5.3% in February
CNN Philippines - 2021-04-15
After two straight months of annual decline, Filipinos sent more money home in February, according to the Bangko Sentral ng Pilipinas. Remittances stood at $2.76 billion during the month, slightly up by 5.

Philippines 'buy now, pay later' startup Plentina raises $2.2M seed round
Yahoo - 2021-04-15
E-wallets are rapidly gaining popularity in the Philippines, overtaking credit cards, which have a penetration rate of under 10%. Fintech startup Plentina is leveraging that trend with buy now, pay later (BNPL) installment loans that can be used and repaid through e-wallets.

DTI estimates P180 billion in economic loss due to two-week ECQ
Philippine Daily Inquirer - 2021-04-15
The two-week enhanced community quarantine over the Greater Manila Area cost the Philippine economy an estimate of P180 billion

Misamis Oriental suspends COVID-19 tests after health office fire
Rappler - 2021-04-15
Provincial officials say their COVID-19 data - including the list of people who got their first vaccine doses - destroyed in the fire can be 'easily restructured in just a few days'

5 councilors, 6 staff members test positive for COVID-19 in Cauayan, Negros Occidental
Philippine Daily Inquirer - 2021-04-15
Five Cauayan town councilors and six of their staff members have tested positive for coronavirus disease (COVID-19). All have no symptoms, said Cauayan Mayor John Rey

Trade chief sees ?180B economic losses due to two-week ECQ
CNN Philippines - 2021-04-15
The two-week enhanced community quarantine has cost the Philippine economy an estimated ?180 billion, Trade Secretary Ramon Lopez said Thursday.

Stem cell treatment may prevent amputations in diabetes
UPI.com - 2021-04-15
One of the most dangerous complications of diabetes is a foot ulcer that won't heal, but now a preliminary study finds that a type of stem cell found in body fat may be a powerful remedy for these severe foot wounds.

BoM floats idea of Antarctic subsea cable and satellite upgrades
ZDNet - 2021-04-15
Weather bureau responsible for one-tenth of the planet wants a fixed-line connection between Australia and Antarctica, but it has warned icebergs could be an issue.

KKR-backed AppLovin raises $2 billion in U.S. IPO at over $28 billion valuation
Business Insider - 2021-04-15
Mobile app and gaming company AppLovin Corp said on Thursday it priced its initial public offering at $80 per share, the mid-point of its previously set range, placing the company's valuation at $28.64 billion.

Gambling firm Entain launches share ownership plan in ESG push
Reuters - 2021-04-15
Gambling firm Entain, which owns the Ladbrokes and Coral brands, told Reuters on Thursday it has launched a group-wide employee share ownership plan for over 22,500 employees in the UK and overseas.

Minnesota cop who shot Black man after traffic stop charged with manslaughter
Philippine Daily Inquirer - 2021-04-15
The white suburban police officer who fatally shot a young Black motorist during a traffic stop in Minnesota, igniting three nights of civil unrest, was charged with manslaughter

'Life goes on': Mayor Isko uninformed but not against dumping crushed dolomite along Manila Bay coast
CNN Philippines - 2021-04-15
Manila Mayor Isko Moreno reveals he was not informed about the fresh batch of dolomite sand that was dumped along the Manila Baywalk, but notes that there is nothing wrong about the ongoing ?389 million project.

ECommerce pioneers establish integrative online pharmacy and health platform
Philippine Daily Inquirer - 2021-04-15
A handful of the country's top eCommerce executives recently consolidated to establish Mediclick PH, a new online-only pharmacy and health platform that aims to make the shift to online medicine

SK Telecom to split to form separate telco business and holding company
ZDNet - 2021-04-15
South Korea's largest telco will split into two businesses, with the spin-off to function as a holding company for SK Hynix, 11StreetCo, and T Map Mobility, among others.

DBP grants P1.275-billion to boost health care in Luzon
Gov - 2021-04-15
State-owned Development Bank of the Philippines (DBP) has signed two term loan agreements amounting to P1.275-billion with Allied Care Experts (ACE) Medical Group for the enhancement of its two health facilities located in Northeast and Central Luzon,

Philippine Business Groups Ask China to Withdraw Ships From Reef
Bloomberg - 2021-04-15
Business groups in the Philippines called on China to withdraw its ships from a disputed reef as tensions rise in the South China Sea.

Desktop Headphone Amp and Audio Interface That Does it All: PreSonus AudioBox USB 96 Hands-on Review
International Business Times - 2021-04-15
The PreSonus AudioBox USB 96 came across our desk and while widely known as an excellent audio interface, to our surprise, it turns out to be a very decent headphone amplifier as well.

Louis Vuitton shares hit record high after strong sales figures
Philippine Daily Inquirer - 2021-04-15
LVMH's shares rose to record highs on Wednesday after the world's biggest luxury goods company posted sales figures that showed it had bounced back far more quickly than

Uber expects employees to spend at least three days a week at the office
CNN Philippines - 2021-04-14
As offices reopen, Uber says its employees can work from home if they choose -- but only for two days a week. Starting in September, the ride-hailing company will shift to a "hybrid model" for its employees "with a clear expectation that they also come into the office 3 days a week,

A new online-only pharmacy and health platform
Manila Bulletin - 2021-04-14
A handful of the country's top eCommerce executives recently consolidated to establish Mediclick PH, a new online-only pharmacy and health platform that aims to make the shift to online medicine as comprehensive and convenient as possible.

Tiger Global, D1 Lead $300 Million Round in AI Chip Startup Groq
Bloomberg - 2021-04-14
Groq Inc., a semiconductor startup, said it raised $300 million in a round led by Tiger Global Management and D1 Capital.

US health experts meet on paused J&J COVID vaccine
Manila Bulletin - 2021-04-14
A group of medical experts convened by the US Centers for Disease Control and Prevention (CDC) was holding a meeting on the J&J COVID vaccine on Wednesday, and might recommend new restrictions on its use.

Gencars turns over trucks to Nonpareil
BusinessMirror - 2021-04-14
Isuzu Makati recently turned over additional truck units to Nonpareil International Freight & Cargo Services Inc. The units will be used for their clients with temperature requirements. Present during the turnover of units were (from left) Lech Amadeus P.

Sun, sea and sands: Welcome to the hottest investment opportunity in Manila
Philippine Daily Inquirer - 2021-04-14
In the shadow of a pandemic, people have welcomed the auspicious opportunities 2021 is bringing - opportunities to prosper in life, in love, and in business. Enterprising individuals know that ...

Instagram is testing a feature that lets users choose if they want to see likes
CNN Philippines - 2021-04-14
(CNN) --Instagram is testing a feature that would let users decide if they want to hide likes on their own posts or posts from people they follow. The option will start with a small global test ...

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