ELECTRONICS EXPORTS growth this year could exceed the initial target if supply chain limitations are resolved, the industry group’s top official said. Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) President Danilo C. Lachica told ANC on Monday that the industry group had accounted for the ongoing global chip shortage when it set the 7% growth target for 2021. ...

CAR SALES in May increased by more than four times from the same month last year after coming off a low base. A joint report from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) on Monday showed that industry sales went up by 360.8% to 22,062 units in May from 4,788 in the ...

A SECURITIES and Exchange Commission (SEC) panel revoked the license and slapped a P32-million fine on Venture Securities, Inc. (VSI) and key officers over fraud that led to the collapse of another brokerage, R&L Investments, Inc. In a decision dated June 11, the SEC Markets and Securities Regulation Department special hearing panel said VSI “indispensably contributed to, if they had ...

Grid operator says department policy will not eliminate brownouts By Angelica Y. Yang, Reporter THE Department of Energy (DoE) told privately owned National Grid Corp. of the Philippines (NGCP) on Monday to reduce its transmission fees and ensure compliance with the ancillary services (AS) requirement if the latter wanted to help consumers. Earlier, the system operator pointed out that if ...

STREAMING your favorite hour-long television show is the environmental equivalent of boiling a kettle for six minutes or popping four bags of popcorn in the microwave, according to an industry-backed study from climate group Carbon Trust. The findings are encouraging to researchers — and good news for streamers such as Netflix, Inc., which helped fund the work — because they ...

PRIVATE firms in the country should invest more in digitalization and innovation to remain competitive as technological advancements accelerates because of the coronavirus pandemic, Finance Secretary Carlos G. Dominguez III said. “As our country recovers from the pandemic and industries get back on their feet, businesses will require heftier investments in innovation and technology in order to stay competitive,” Mr. ...

A DETECTIVE, a rookie policeman, and a politician are caught up in a series of crimes in the new HBO Asia Original Taiwan series, Trinity of Shadow, now showing on HBO GO. Directed by Bo-Hao Hong, the 15-episode series follows a murder investigation that leads detective Tze-Wei, an up-and-coming public official Chi-Hsiao, and rookie policeman Chia-Hao into the dark labyrinth ...

The Securities and Exchange Commission (SEC) has flagged Flint Technology Corp. for offering unauthorized investments to the public. While the entity is registered as a corporation with the commission, the SEC stressed that it is not authorized to collect investments. Flint Technology is run by Jan Andre M. Mercado and it is said to be a product of his other ...

1 of 2 Darren Espanto FILIPINO-Canadian singer Darren Espanto sheds his teenage persona in his new online concert, Darren Home Run: The Comeback Concert, which will be shown on June 19 on ktx.ph, iWantTFC, and TFC IPTV. Born on May 24, 2001, Mr. Espanto first appeared on Philippine television in 2014 as a contestant in The Voice Kids Philippines where ...

By Kyle Aristophere T. Atienza and Vann Marlo M. Villegas, Reporters THE GOVERNMENT would probably ease the lockdown in Manila, the capital and nearby cities and provinces this week on decreasing coronavirus infections, according to the presidential palace. Metro Manila and the provinces of Bulacan, Rizal, Laguna and Cavite would likely revert to a general community quarantine, presidential spokesman Herminio ...