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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 - 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 ...

Amid pandemic, insurers grapple with carbon asset risks
BusinessMirror - 2021-04-14
NEARLY five years ago in Wulong, Chongqing, China, Maurizio Zavatta achieved a world record for the highest blindfolded tightrope walk at 698 feet and 1.9 inches. Many economies relying on fossil fuel--and companies supplying the power from them--have been doing that since 2015.

Finland aims to expand economic cooperation with PHL, envoy says
BusinessMirror - 2021-04-14
For his part, Dominguez said it was under the Duterte administration that the Philippines sustained its strong fiscal position, enhanced the ease of doing business, improved peace and order ...

Displaced Metro workers to be hired as contract tracers-DOLE
BusinessMirror - 2021-04-14
LOCAL government units (LGU) in Metro Manila will finally start hiring this week displaced informal sector workers to become contact tracers through the Department of Labor and Employment (DOLE).

8 business groups to China: Respect PHL rights
BusinessMirror - 2021-04-14
In File Photo: Chinese President Xi Jinping (right) and President Duterte wave to the media following a welcome ceremony at Malacañang Palace in Manila in 2018. SEVERAL business groups called on ...

A green social contract without the people is anti-social
BusinessMirror - 2021-04-14
So how can governments and the big business players in the power sector be nudged or persuaded or even forced to go green? The answer is increase the pressure from below, from the citizenry ...

US-PHILIPPINES SOCIETY: Harnessing historic bonds, forging a dynamic future
BusinessMirror - 2021-04-14
They encompass a wide spectrum of cooperation in various sectors: from business and commerce, military and security, education and culture, and various others in between. Executive Director Hank ...

Metro Retail suffers P450-million loss due to sluggish sales
BusinessMirror - 2021-04-14
Cebu-based retailer Metro Retail Stores Group Inc. on Wednesday said it posted a net loss of P449.6 million last year, a reversal of the P775.6-million net income recorded in 2019. The company that operates a chain of department stores and supermarkets attributed the losses to the sluggish sales of

Fire destroys Misamis Oriental health office, COVID-19 vaccines
Rappler - 2021-04-14
Provincial Board Member Gerardo Sabal III says the vaccines, all CoronaVac, are considered wasted because of the intense heat

'It's a tragedy.' French winemakers face devastation after worst weather in 30 years
CNN Philippines - 2021-04-14
One of France's biggest export industries is facing a devastating blow after an unusually severe frost earlier this month damaged vineyards across the country, heaping pain on winemakers already reeling from the pandemic and US tariffs.

Dogecoin surges more than 85% in the last 24 hours
CNN Philippines - 2021-04-14
(CNN) -- Bitcoin and Ethereum aren't the only digital currencies that are hitting record highs this week. Dogecoin, the crypocurrency that features the face of a Shiba Inu dog as its logo, has ...

Shoppertainment strategy bolsters brand engagement in post-pandemic world
BusinessMirror - 2021-04-14
It has been part of award-winning e-commerce and marketing campaigns for multinational brands in more than a year in the business. "The need for live streams during the quarantine increased ...

'Plant growth on steroids' causing longer allergy season in U.S. - 2021-04-14
April 14 -- Pollen is making its way back into the United States as weather begins to warm up from coast to coast, and some experts say that effects from climate change are contributing to longer, harder-to-manage allergy seasons. According to experts from ...

Cyber criminals are installing cryptojacking malware on unpatched Microsoft Exchange servers
ZDNet - 2021-04-14
Cyber criminals are targeting vulnerable Microsoft Exchange servers with cryptocurrency mining malware in a campaign designed to secretly use the processing power of compromised systems to make money. Zero-day vulnerabilities in Microsoft Exchange Server ...

China is going after tech companies. Tesla is trying to keep out of the way
CNN Philippines - 2021-04-14
Tesla is still trying to get back on China's good side. An executive at the electric carmaker told Chinese authorities this week that Tesla will store any data it collects in China within the country's borders,

Medtronic Recall of Almost 240,000 ICDs Is Class I, FDA Says
Medscape - 2021-04-14
The company's recall applies to implantable defibrillators, with and without resynchronization pacing, which are at apparent risk for premature and possibly rapid battery depletion.

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