BW FILE PHOTO BSP CIRCULAR No. 1112, signed by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on April 8, directed banks to apply adequate policies, risk management and control measures in hiring and performance management of bankers. Under the new rules, banks will now have to use BSP records to screen applicants, where findings will be considered in ...

The Philippines is hoping to attract investments for domestic vaccine manufacturing. -- PHILIPPINE STAR/ MICHAEL VARCASINVESTMENTS for domestic vaccine manufacturing could start coming into the Philippines by next year, Trade Secretary Ramon M. Lopez said on Thursday. Several firms are in talks with technology providers to locally produce coronavirus disease 2019 (COVID-19) vaccines. "Hopefully, within this year or next year ...

COMPANY HANDOUT FRUITAS Holdings, Inc. recorded a P48-million net loss last year due to lower consolidated revenues caused by the temporary closure of some of its stores amid the coronavirus disease 2019 (COVID-19) pandemic. In a stock exchange disclosure on Thursday, the listed food and beverage kiosk operator said consolidated revenues dropped 54% to P892 million in 2020 from the ...

BW FILE PHOTO LISTED media company GMA Network, Inc. saw its attributable net income surge 128.57% to P5.98 billion last year as revenue from its advertising business increased. This compares to the P2.62-billion net income attributable to equity holders of the parent company recorded in 2019, according to GMA Network's annual report filed with the stock exchange on Wednesday. The ...

MEGAWIDE.COM.PH MEGAWIDE Construction Corp. swung to a net loss in 2020, as revenues from its construction, airport, and trading operations declined amid a pandemic crisis. The listed engineering and infrastructure company suffered an attributable net loss of P389.02 million in 2020 versus the P859.49-million profit logged in 2019, its annual report filed with the stock exchange on Wednesday showed. The ...

CONDURA.COM.PH CONCEPCION Durables, Inc. (Condura), a wholly owned subsidiary of Concepcion Industrial Corp., designed and created a medical refrigerator/freezer for vaccines called Condura Vax Safe. In a disclosure to the exchange on Thursday, Concepcion Industrial said the new product can store coronavirus disease 2019 (COVID-19) vaccines at "required temperature and in optimal conditions." Vax Safe will feature a fixed temperature ...

EN.WIKIPEDIA.ORG LISTED building solutions provider Holcim Philippines, Inc. has launched what it described as the country's first water-repellent cement product that can protect homes from water-based damage. In a press release on Thursday, Holcim said its "Holcim Aqua X" is a blended cement that is more environment-friendly than similar products in the market. The new product, which was rolled out ...

BBC studios' Doctor Foster BBC Studios and ABS-CBN Entertainment are set to do a Filipino remake of the British television drama series Doctor Foster. Originally written by Mike Bartlett, the BAFTA award-winning drama thriller follows Gemma Foster whose life shatters after suspecting her husband of having an affair. The Philippines is the sixth country to adapt the series, following South ...

CORONAVIRUS infections in the Philippines topped 900,000 after health authorities reported 11,429 more cases on Thursday. Cases hit 904,285, while deaths reached 15,594 after 148 more patients died, the Department of health (Doh) said in a bulletin. It added that 856 more people recovered, bringing the total to 705,164. There were 183,527 active cases, 96% of which were mild, 2.8% ...

THE Philippines risks losing 80% of its exclusive economic zone in the South China Sea if it allows China’s continued militarization of the area, according to a former Supreme Court magistrate. “If we do not act as one, if we do not exert all effort, if we do not exhaust all remedies, we will lose 80% of our exclusive economic ...