MANUEL B. VILLAR, JR. property tycoon and former Senate president ENRIQUE K. RAZON, JR. chairman International Container Terminal Services, Inc MANY BILLIONAIRES around the world, including the Philippines, became richer even as many economies suffered due to the coronavirus pandemic, according to Forbes. Forbes on Wednesday released its annual world's billionaires list which had a record 2,755 billionaires, with 493 ...

Dilmah Tea's Mr. Fernando slurping tea IN THESE troubling times, one reaches for a cup of tea almost as a reflex, the calming drink an effort to protect one from the dangers outside. Tea is often regarded as a serious drink, fit for reminiscing or for meditating. But an online talk from the Dilmah School of Tea last month showed ...

By John Dumay and James Guthrie SQUARESPACE.COMEASTER is the biggest chocolate-buying time of the year. But who's really paying for the cost of that chocolate? The second annual report on the social and environmental performance of the world's major chocolate makers show human exploitation and environmental degradation continue to be key ingredients in many chocolate products. It is a ...

BW FILE PHOTO By Angelica Y. Yang, Reporter PILIPINAS Shell Petroleum Corp. is looking at investing up to P20 billion in the next five years to fund, among others, the construction of oil import terminals and more "mobility sites" as the listed company shifts to a new business model. "P15 to P20 [billion] over the five-year period... In terms of ...

1 of 3 IF THERE is one thing every Filipino loves its food, and they will celebrate the fact even when a pandemic ranges. So Filipino Food Month (officially celebrated over the entire month of April thanks to 2018's Presidential Proclamation No. 469) will still go on -- online, that is. The month-long annual event -- which is spearheaded by ...

FIRSTGEN.COM.PH/ FIRST GEN Corp. said on Wednesday that its subsidiary Energy Development Corp. (EDC) plans to complete two of its geothermal projects by 2022, as the parent firm expressed its intention to expand into businesses that complement its power generation operations. In its annual report, First Gen said that EDC is expecting to begin the construction of its 3.6-megawatt (MW) ...

PETROUBROS.COM.CY/HALLOUMI-CAT ARADIPPOU, Cyprus -- Cyprus is getting protected status for its prized halloumi, giving its producers the sole right to sell the rubbery cheese in the European Union. Later this month, the European Union is set to formally give halloumi, or "hellim" in Turkish, the protected designation of origin (PDO) status, which will come into effect from October, according to ...

REUTERS INTEL CORP., the world's largest chipmaker, said it's offering a revamped version of its Xeon range in time for what it sees as the "biggest build-out of technology infrastructure in human history." The company has struggled with updating its manufacturing -- a key part of improving the ability of processors -- and is now bringing a technology called 10 ...

AVON Philippines' intimate apparel and essential products sales are growing as demand for the company's make-up and fragrance products remains low during the pandemic. "Very interesting and somehow [surprising] at a certain moment: it's intimate apparel, which is actually a category that was growing for us, particularly in quarter four last year," Avon Philippines General Manager Razvan Diratian told ANC ...

KIM KARDASHIAN -- EVA RINALDI/EN.WIKIPEDIA.ORG/LOS ANGELES -- Kim Kardashian has added billionaire to her resume. The cosmetics and shapewear businesswoman, who launched her career off the reality TV series Keeping Up with The Kardashians, was included on Tuesday for the first time on Forbes magazine's list of the world's billionaires. Forbes said it estimated that Kardashian, 40, "is now worth ...