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Pepsi opens new plant in Batangas - 2021-01-28
Beverage manufacturer Pepsi Cola Products Philippines Inc. has opened a new production line in Batangas for its carbonated soft drinks products.

Cryptocurrency crime drops in 2020 but 'DeFi' breaches rise, study finds
Reuters - 2021-01-28
Losses from cryptocurrency theft, hacks, and fraud fell 57% last year to $1.9 billion, as market participants boosted security systems, but crime in the 'decentralized finance' space continued to grow,

The frontrunner to lead Biden's FCC has a plan for Silicon Valley to overtake China in 5G and AI innovation
Business Insider - 2021-01-28
Interim FCC chair Jessica Rosenworcel is a cheerleader for software-led 5G, which Silicon Valley views as its path to win 5G leadership from China.

Analysis:SAP pitches cloud transformation to pandemic-hit customers
Business Insider - 2021-01-28
SAP says it is ready to lead customers into a cloud-based future, but the business software group may need all its powers of persuasion to convince its 400,000-strong client base to launch a major overhaul of systems in a pandemic.

Apple's Tim Cook criticizes social media practices, intensifying Facebook conflict
Reuters - 2021-01-28
Apple Inc Chief Executive Officer Tim Cook on Thursday criticized polarization and misinformation on social media, intensifying a conflict between the iPhone maker and Facebook Inc.

US likely logged weakest performance in 74 years
BusinessWorld - 2021-01-28
The US economy likely contracted at its sharpest pace since World War II in 2020 as coronavirus disease 2019 (COVID-19) ravaged services businesses like restaurants and airlines, throwing millions of Americans out of work and into poverty.

SBMA to release P123-million revenue share to LGUs
BusinessMirror - 2021-01-28
"But it also goes to show that despite Covid-19, the SBMA and business locators in the Freeport have sustained economic growth and that Subic Bay will continue to be a catalyst for development ...

Albay bettor wins P36 million lotto jackpot - 2021-01-28
A bettor in Polangui, Albay became an instant multi-millionaire after winning the jackpot in the 6/45 Mega Lotto drawn on Wednesday night.

Cop with alleged links to Abu Sayyaf slain in raid - 2021-01-28
A policeman said to have links with Abu Sayyaf bandits was killed in a raid in this city on Wednesday. S/Sgt. Jamiri Hawang Abraham of the city police drug enforcement unit fired at police officers serving a search warrant for illegal possession of firearms and explosives at his house in Barangay Mampang,

Cordilleras, Davao may revert to stricter quarantine - 2021-01-28
The Cordillera Autonomous Region and Davao may shift to stricter general community quarantine or GCQ due to the increase in the number of coronavirus disease 2019 cases, presidential spokesman Harry Roque Jr.

Ex-cop killed in Sorsogon shooting
Philippine Daily Inquirer - 2021-01-28
A former police officer was shot dead in Casiguran town, in Sorsogon province following a heated argument with a drinking buddy on Thursday. Police Colonel Arturo Brual Jr.,

Credit card issues make up a fourth of complaints filed - 2021-01-28
Credit card transactions accounted for a fourth of total consumer complaints, which reached 23,000 last year, according to the Bangko Sentral ng Pilipinas.

Hotels urged to repurpose to avoid closure, asset sale - 2021-01-28
As the hospitality industry continues to reel from the impact of the pandemic, more hotels may face closures or the sale of their properties if they are unable to repurpose, a real estate services firm said.

AstraZeneca vaccine only recommended for people under 65, German health officials say
CNN Philippines - 2021-01-28
Germany's vaccine commission has recommended that the coronavirus vaccine developed by AstraZeneca and the University of Oxford should not be given to people older than 65 years.

7 firms skip single-use plastics, over 1M disposable plastic waste avoided
Philippine Daily Inquirer - 2021-01-28
It took seven companies just a month to avoid wasting over one million single-use plastics, an environment advocacy group said on Friday. In a statement, Oceana said that

PDIC: 97% of deposits covered by insurance - 2021-01-28
About 97 percent of the total deposit accounts nationwide are covered by the maximum P500,000 insurance coverage as Filipinos opted to save more amid the COVID-19 pandemic, according to the state-run Philippine Deposit Insurance Corp.

PLDT ramps up broadband capacity - 2021-01-28
Telco giant PLDT Inc. is ramping up its installation and repair capabilities this year to provide better customer experience and meet the sustained demand for broadband connectivity.

San Juan River rehabilitation underway - 2021-01-28
MANILA, Philippines -- The San Juan government has partnered with government agencies and the private sector to clean up San Juan River and its tributaries, according to Mayor Francis Zamora. During the launch of the "Adopt an Estero" rehabilitation ...

Auguring the new head
BusinessMirror - 2021-01-28
DAANG Dokyu ended with a book with the same title, Daang Dokyu: A Festival of Philippine Documentaries. Important events in... THE first 30 minutes of the film Pieces of a Woman must be one of the ...

BI to hire 195 officers - 2021-01-28
The Bureau of Immigration will hire around 195 BI officers to augment the number of personnel deployed at international airports and seaports nationwide, an official announced yesterday.

PNR trains from Indonesia hold inaugural run - 2021-01-28
The Philippine National Railways new trains from Indonesia have started operating at the Metro Commuter Line to provide passengers safer and more convenient rides.

SMIC obtains third Gold Award in Asia Sustainability Reporting - 2021-01-28
SM Investments Corp. attained a Gold Rank for the third straight year for its 2019 Sustainability Report from the Asia Sustainability Reporting Rating organized by the National Center for Sustainability Reporting in Indonesia.

Ayala unit exits SC 6 consortium - 2021-01-28
ACE Enexor Inc., the listed oil and gas exploration and production unit of the Ayala Group, has decided to exit the consortium operating Service Contract No. 6 in northwest Palawan.

2 MRT-3 execs catch COVID-19 - 2021-01-28
MANILA, Philippines -- The Metro Rail Transit Line 3 was hit by another COVID-19 outbreak after two top officials of the MRT-3 tested positive for the virus along with 42 employees, the Department of Transportation (DOTr) announced yesterday. MRT-3 ...

Dead pigs washed ashore in Mindoro negative for ASF - 2021-01-28
The dead pigs found floating along the shores of Oriental Mindoro have tested negative for African swine fever.

Quezon City identifies 24 vaccination sites - 2021-01-28
The Quezon City government has identified 24 sites for the upcoming rollout of the vaccination against COVID-19.

PNP to start using body cameras next month - 2021-01-28
Barring major glitches, operatives of the Philippine National Police involved in anti-narcotics operations will start using body cameras next month.

Power spot market prices to remain low - 2021-01-28
The Independent Electricity Market Operator of the Philippines expects wholesale electricity spot market prices to remain generally low this year despite an increase in demand.

NGCP donates test booths, COVID-19 test kits to Pasay - 2021-01-28
As part of its continuing efforts to help the Filipino people combat the COVID-19 pandemic, the National Grid Corp. of the Philippines donated test booths and COVID-19 test kits to the local government of Pasay City.

MMDA closing U-turn slot in Caloocan - 2021-01-28
Another U-turn slot along EDSA in Caloocan will be closed beginning Feb. 1, the Metropolitan Manila Development Authority said yesterday.

Government rolls out one-stop shop for business registration - 2021-01-28
The government yesterday launched the first phase of the central business portal or online one-stop shop for business registration.

Dacera mom disputes PNP report - 2021-01-28
The mother of flight attendant Christine Dacera disputed yesterday the medico-legal report of the Philippine National Police (PNP), which ruled out foul play in her death.

Tax, financial sector reforms: Light at end of virus tunnel, or bad timing?
BusinessMirror - 2021-01-28
ALL eyes are on the fiscal reforms backed by the Department of Finance (DOF), especially now that the pandemic threatens to wipe out the economic gains of the Duterte administration. Three years after President Duterte signed into law the Tax Reform for Acceleration and Inclusion Act (TRAIN)--the first package

Stocks falter for 3rd day on lingering coronavirus worries - 2021-01-28
Philippine stocks skidded yesterday along with other markets in Asia as a reality check set in about longtime economic damage from the coronavirus pandemic, giving Wall Street its worst day since October.

GameStop's stock is extremely volatile after Robinhood shuts down trades
CNN Philippines - 2021-01-28
GameStop traders sent the stock on a wild ride Thursday. The stock was up about 13% Thursday morning after tumbling about 15% earlier. Sending it on a roller-coaster ride, Robinhood said it was restricting trading in the red hot stock as well as others.

Pandemic woes impact PH 'hot money' outflows in 2020
CNN Philippines - 2021-01-28
Metro Manila (CNN Philippines, January 28) - The coronavirus pandemic that crippled the global economy and financial system contributed to the decrease in "hot money" outflows in the country last ...

Barangay chairman in Basilan arrested for 2004 killing of businessman
CNN Philippines - 2021-01-28
Authorities arrested on Thursday the chairman of Brgy. Marang in Sumisip, Basilan, who is identified as the leader of a gun-for-hire group and as the prime suspect in the 2004 killing of a businessman.

Chinese group loses USD 10 bn Philippine airport project
Big News - 2021-01-28
In a snub to China Beijing-backed consortium has lost the right to develop a USD 10 billion airport project in the Philippines Nikkei Asia reported

Philippine Economy Shrinks More Than Expected on Weak Demand
Bloomberg - 2021-01-28
The Philippine economy contracted more than economists expected in the fourth quarter, capping its worst year on record, as private consumption remained anemic even as more businesses reopened from lockdowns.

PAL, Cebu Pacific seen to survive COVID-19 bankruptcy fears
CNN Philippines - 2021-01-28
Although air carriers continue to bleed financially as the COVID-19 pandemic cripples the travel sector, airlines can avoid bankruptcy--even with little or no help from the Philippine government. That's according to Avelino D.

President Biden Signs Executive Order After Delivering Remarks On American Manufacturing
Philippine Daily Inquirer - 2021-01-28
U.S. President Joe Biden speaks after signing an executive order related to American manufacturing in the South Court Auditorium of the White House complex on January 25, 2021 in Washington, DC. President Biden signed an executive order aimed at boosting American manufacturing and strengthening the federal government's Buy American rules.

Mariwasa to mark 55 years as top home building solutions provider
Philippine Daily Inquirer - 2021-01-28
Mariwasa, a pioneer in the construction industry, will be marking its 55th year in the business this June with the theme "Moving Forward" and the vision to be a complete home building

British chamber optimistic of 2021 - 2021-01-28
Last year, despite disruptions from the pandemic, the business group had successfully "introduced British brands" to the local market in the food and drink, construction, engineering and automotive sector.

PH economy plunges by record -9.5% in 2020 as Q4 GDP maintains slump
CNN Philippines - 2021-01-28
Metro Manila (CNN Philippines, January 28) -- The Philippine economy shrank by another 8.3% in the last three months of 2020 as the COVID-19 pandemic continues to cripple consumer spending and ...

Rumours and fear dog Philippine plan for coronavirus vaccine drive
Reuters - 2021-01-28
According to one rumour circulating in the Philippines, the coronavirus vaccine will allow President Rodrigo Duterte to kill people at the push of a button.

BPI earnings sink by over a fifth in 2020 - 2021-01-28
In a statement on Thursday, the 169-year-old bank reported a net income of P21.4 billion last year, down 25.7% year-on-year.

Arthaland's Cebu Exchange is PH's largest multi-certified sustainable office tower with WELL(TM) pre-certification
CNN Philippines - 2021-01-28
Metro Manila (CNN Philippines) -- Arthaland Corporation once again proved that it does not only create remarkable "green" buildings and communities but also leads the pack for projects that ...

Philippine regulator approves emergency use of AstraZeneca vaccine
Reuters - 2021-01-28
The Philippines' Food and Drug Administration (FDA) has approved the emergency use of AstraZeneca PLC's COVID-19 vaccine, the second to be approved in the Southeast Asian nation.

Philippine regulator approves emergency use of AstraZeneca vaccine
Reuters - 2021-01-28
The Philippines' Food and Drug Administration (FDA) has approved the emergency use of AstraZeneca PLC's COVID-19 vaccine, the second to be approved in the Southeast Asian nation.

Users can keep numbers when changing telcos starting Sept. 30
CNN Philippines - 2021-01-28
Metro Manila (CNN Philippines, January 28) - You don't have to change your number anymore even if you switch to another mobile service provider beginning Sept. 30. The National Telecommunications ...

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