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Gov't to borrow P140 billion from local creditors in February
philstar.com - 2021-01-27
The Duterte administration is eyeing to raise P140 billion in new peso debt next month through the sale of government securities as part of an ongoing fundraising activity to pay for the state's rising pandemic bill.

SpaceX, Amazon spat pits world's richest men against each other over space real estate
CNN Philippines - 2021-01-27
(CNN Business) -- SpaceX and Amazon (AMZN) -- companies run by the two richest men in the world -- are sparring over their competing satellite-based internet businesses, with SpaceX accusing ...

Trade ends 2020 with some lost ground yet to be recovered
philstar.com - 2021-01-27
Trade continued their weakness in December to cap 2020 in the negative territory, although last month's slump was milder.

Crame has most PNP COVID-19 cases
philstar.com - 2021-01-27
The Philippine National Police headquarters at Camp Crame in Quezon City has the highest rate of COVID-19 infections among the PNP camps in the country.

Globe-powered ISDApp helps fisherfolks navigate seas safely
philstar.com - 2021-01-27
Developed by iNON IT Solutions and powered by Globe, ISDApp collects localized weather data, converts it to simplified weather forecasts, and sends it to the registered mobile numbers of fisherfolks via scheduled daily SMS which includes the crucial hours before they go out to sea.

Singapore faces talent crunch as tech giants scale up
Philippine Daily Inquirer - 2021-01-27
At least three recruiters approach Singapore-based software engineer Xiao Yuguang every day with job offers. Demand for Xiao's skills has soared since he graduated in 2014 with a

Learn emerging Online Selling trends in LazUCon--the biggest e-commerce convention series from Lazada
Philippine Daily Inquirer - 2021-01-27
Level up your business as  bring the first-ever LazUCon 2021, happening on February 3 and 4, at the Lazada University Livestream channel.  Learn from over 20 industry thought leaders and experts

1 dead, 2 hurt in IED blast in Cotabato waiting shed
Philippine Daily Inquirer - 2021-01-27
One person was killed and two others were hurt when an improvised explosive device went off at a waiting shed in Tulunan town, Cotabato province at 12:30 p.m. on Wednesday,

EMERGING MARKETS-Philippine stocks silde over 1% on growth worries, Asia FX eye Fed comments
Nasdaq - 2021-01-27
Asian currencies flat to higher ahead of Fed statement. Philippines Q4 GDP on Thursday. Jan 27 (Reuters) - The Philippine stock ma

Economy collapses slightly softer than thought in Q3
philstar.com - 2021-01-27
Gross domestic product collapsed a revised 11.4% year-on-year in the 3 months ending September, a tad better than the 11.5% contraction reported last November.

Airlines counting on local travel to recover from 2020 losses
CNN Philippines - 2021-01-27
Metro Manila (CNN Philippines, January 27) -- Airlines appealed for stronger local tourism as they find ways to take off from dismal bottom lines. "It is really inside the Philippines ...

Fruit vendor killed, 5 hurt in North Cotabato IED blast
philstar.com - 2021-01-27
Police Col. Henry Villar, director of the North Cotabato provincial police, said investigators and ordnance experts are still sifting through the blast scene.

Ponytails and lipstick: US women soldiers get style
Philippine Daily Inquirer - 2021-01-27
WASHINGTON--Women in the U.S. Army are going to be able to dress up a little. The Pentagon announced on Tuesday that female soldiers would be able to grow their hair long, color their nails, and ...

Typhoons foil agriculture's rally as pandemic saving grace
philstar.com - 2021-01-27
A double-whammy of strong typhoons and African swine fever outbreak pulled down farm output in the final 3 months of 2020.

Philippines Q3 GDP contraction revised to 11.4% from 11.5%
Nasdaq - 2021-01-27
The Philippine economy contracted 11.4% in the third quarter of 2020 from a year earlier PHGDP=ECI, slightly better than the previously reported estimate of an 11.5% slump, the statistics agency said on Wednesday.

Authorities blame BIFF for roadside blast in Maguindanao town
philstar.com - 2021-01-27
South Upi Mayor Reynalbert Insular said he is convinced he was the target of the bombers who laid the improvised explosive device.

Manila's airport ambitions down from 3 to 1 with Sangley setback
philstar.com - 2021-01-27
The Cavite provincial government Special Selection Committee has recommended the non-approval of the redevelopment of the former airbase as presented by applying parties," Governor Jovic Remulla said.

Biden appoints Fil-Am as acting administrator of USAID
Philippine Daily Inquirer - 2021-01-27
US President Joe Biden has appointed Filipino-American Gloria Steele as acting administrator of the United States Agency for International Development (USAID). Biden

Goldman Sachs slashes CEO pay by $10 million over massive scandal
CNN Philippines - 2021-01-27
(CNN) -- Goldman Sachs cut chief executive David Solomon's annual compensation by $10 million, or 36%, following a penalty deduction that resulted from the bank's role in a corruption scandal ...

PH will be storm-free until end of January -- Pagasa
Philippine Daily Inquirer - 2021-01-27
No storm may develop and affect the country for the rest of January, but the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) expects the

Baguio hotel told to explain reported protocol breaches at celebrity party
philstar.com - 2021-01-27
The Department of Tourism-Cordillera Administrative Region and Baguio City government on Tuesday asked the hotel where a controversial celebrity party was held to explain why it should not be sanctioned.

Duterte urged: Scrap pork tariffs to lower prices
Philippine Daily Inquirer - 2021-01-27
A group of manufacturers of meat products on Tuesday asked President Rodrigo Duterte to remove duties imposed on imported pork to immediately cover a meat shortage in the

You should update your iPhone right now
CNN Philippines - 2021-01-27
Apple is urging iPhone and iPad users to promptly update their operating systems to fix security bugs that may have already been exploited by hackers. On its support webpage, the company said three security flaws "may have been actively exploited.

Lockdowns amid pandemic adversely affected job sector
BusinessMirror - 2021-01-27
The survey aims to provide quarterly data on labor turnover and existing job vacancies as indicators of labor market activity and general business situation of the country. This provides the ...

Cover your nose: Duterte tells public to wear face masks properly
philstar.com - 2021-01-27
"Because there are some who wear masks and then I see your nose hanging out there just on the edge of the mask, the upper portion," Duterte said in Filipino.

UPDATE 1-LG Display reports strong Q4 profit on iPhone demand, rising panel prices
Reuters - 2021-01-26
South Korea's LG Display Co Ltd on Wednesday reported a bigger than expected profit in the fourth quarter, as increased shipments of Apple Inc's new iPhones helped drive the firm's second consecutive quarterly profit.

How hedge funds are tracking Reddit posts to protect their portfolios after the WallStreetBets crowd tanked Melvin Capital's short positions
Business Insider - 2021-01-26
Web-scraping company Thinknum is creating a Reddit-focused data product for clients to track the most popular tickers on the platform.

Microsoft beats revenue expectations as pandemic continues to fuel sales
CNN Philippines - 2021-01-26
(CNN) -- Microsoft exceeded Wall Street analysts' expectations for quarterly revenue by nearly $3 billion, it reported Tuesday. The results signal that the pandemic is continuing to buoy the tech ...

Daily Crunch: Calendly valued at $3B
TechCrunch - 2021-01-26
A popular scheduling startup raises a big funding round, Twitter makes a newsletter acquisition and Beyond Meat teams up with PepsiCo. This is your Daily Crunch for. The big story: Calendly valued at $3B Calendly,

Exclusive: Alan Mnuchin-backed SPAC in talks to take Sharecare public - sources
Reuters - 2021-01-26
A blank-check acquisition firm backed by veteran investment banker Alan Mnuchin is in talks to merge with digital health startup Sharecare Inc and take it public, people familiar with the matter said on Tuesday.

Brazilian Researchers Tracking Reinfection by New Virus Variant
Medscape - 2021-01-26
A case report from the Brazilian state of Bahia details reinfection by a variant that contains one of the mutations at the center of global spread.

Xbox Game Pass subscribers hit 18 million
The Verge - 2021-01-26
Microsoft is continuing to attract people to its Xbox Game Pass service. The "Netflix for video games" service now has 18 million subscribers, up from the 15 million previously reported in September.

4 dead in Zamboanga Sibugay road mishap
philstar.com - 2021-01-26
Four persons died when a motorcycle and a pickup collided along the highway in Tungawan, Zamboanga Sibugay on Monday.

UPDATE 1-EU drugs agency says it is advising makers of Russian vaccine
Reuters - 2021-01-26
The European Medicines Agency (EMA) is in the process of offering advice to the developers of the Russian Sputnik V COVID-19 vaccine, but is not currently reviewing it for approval, the agency's chief said on Tuesday.

Charles Schwab, Robinhood users face glitches for second day - Downdetector
Business Insider - 2021-01-26
Users on retail trading platforms Charles Schwab Corp and Robinhood reported operational problems in the market session for a second day in a row on Tuesday, according to outage monitoring website Downdetector.

Five things you should do to prepare your business for 2021
BusinessMirror - 2021-01-26
The convenience of learning how to start a business from the confines of your home, and with the help of other business owners willing to lend a helping hand, has created a space for SMEs to ...

Canada to unveil more steps to restrict foreign travel, sees no vaccine supply problems
Reuters - 2021-01-26
Canada will soon take more steps to restrict foreign travel as part of its campaign to clamp down on the coronavirus, Prime Minister Justin Trudeau told reporters on Tuesday, but did not give details.

Shopee makes going online easy for MSMEs through education, enhanced tools
BusinessMirror - 2021-01-26
Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, continues to enhance its robust e-commerce ecosystem to help entrepreneurs and MSMEs go digital more seamlessly and effectively. With most physical stores forced to close due to the pandemic,

Indonesia tops 1m COVID infections in never-ending first wave
NIKKEI - 2021-01-26
Indonesia has set several daily records since the new year began, the last being 14,224 new infections reported Jan. 16. Government officials suspect year-end travel caused this explosion in cases. Authorities tightened movement restrictions on the islands of Java and Bali,

DOF chief: Open PH economy to foreigners, but not land
Philippine Daily Inquirer - 2021-01-26
Finance Secretary Carlos Dominguez III on Tuesday said the Philippines should open its economy "as wide as we can" but insisted that the ban on foreign ownership of land

11 regions post Covid-19 spike
Philippine Daily Inquirer - 2021-01-26
The use of health-care facilities in Davao de Oro province and Baguio City has reached a critical level as the Department of Health (DOH) and local governments confront the

2 former Supreme Court justices push back vs Parlade threats
Philippine Daily Inquirer - 2021-01-26
A group led by two retired Supreme Court justices has asked the High Tribunal to act on the "threats" made by a controversial army general against individuals who

Police to submit new evidence vs respondents in Dacera case
Philippine Daily Inquirer - 2021-01-26
Metro Manila police chief, Maj. Gen. Vicente Danao Jr., hopes that additional evidence will boost the case against the respondents in the death of flight attendant Christine

DOH warns vs imminent outbreak of measles
Philippine Daily Inquirer - 2021-01-26
A health official has warned that the polio outbreak in the country has yet to be placed under control, while a major measles outbreak is imminent without a massive immunization

Bill lets Duterte suspend PhilHealth premium hike
Philippine Daily Inquirer - 2021-01-26
The House of Representatives on Tuesday approved House Bill No. 8461 authorizing President Duterte to suspend the scheduled increase in PhilHealth premium rates this year. Under

DENR orders closure of 200 open dumps by March
Philippine Daily Inquirer - 2021-01-26
The Department of Environment and Natural Resources (DENR) Secretary Roy Cimatu on Tuesday ordered the closure of some 200 remaining open dumps across the country by March in

Limited in-person classes for medical courses allowed
Philippine Daily Inquirer - 2021-01-26
The country needs to make sure it would have enough doctors to take care of the people amid the pandemic, which is why the President has allowed limited in-person classes for

Blast fishing blamed for dolphin deaths in Camarines Sur
Philippine Daily Inquirer - 2021-01-26
Thirteen of 25 dolphins stranded on the shores of Del Gallego town in Camarines Sur province on Tuesday died from what fisheries officials described as injuries suffered from blast

Belmonte to UP Diliman: QC will protect academic freedom
Philippine Daily Inquirer - 2021-01-26
Quezon City Mayor Joy Belmonte has assured students and officials of the University of the Philippines (UP) Diliman campus that the city government supports and will protect

Grindr faces $11.7 million fine in Norway for breach of data privacy
Reuters - 2021-01-26
Norway's Data Protection Authority said on Tuesday it planned to fine dating app Grindr 100 million Norwegian crowns ($11.7 million) for what the regulator said was illegal disclosure of user data to advertising firms.

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