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Business World
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A brilliant game that nobody should miss
VIDEO GAME REVIEW Ghost of Tsushima Sony PlayStation 4 Ghost of Tsushima won’t strike gamers long familiar with the action-adventure genre as transcendent at first glance. Those who have spent countless hours captivated by, say, Assassin’s Creed: Odyssey and Lord Of The Rings: Shadow of War won’t find its grounded setting appealing from afar. ...
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Business World
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Dirty Dancing sequel in the works with original star Jennifer Grey
LOS ANGELES — Jennifer Grey, the actress who starred opposite Patrick Swayze in romantic drama Dirty Dancing, will appear in a sequel to the classic 1987 movie, the studio behind the film announced on Thursday. Grey also will serve as an executive producer on the film, which will be directed by Warm Bodies director Jonathan Levine, said Jon Feltheimer, chief executive of Lions Gate Entertainment Corp. ...
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Business World
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MTV’s Video Music Awards drops plans for indoor show due to coronavirus
LOS ANGELES — MTV has abandoned the idea of holding its Video Music Awards (VMA) show at an indoor venue in New York because of the complications of the coronavirus epidemic.
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Business World
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American Idol creator looks to find next superstar on TikTok
AMERICAN IDOL creator Simon Fuller is turning to TikTok to find the next pop superstar, a sign of how much clout the controversial app has gained in the music world. Fuller said Friday that he’ll conduct an audition process over TikTok, the short-form video app that has become a kingmaker in the music industry — and a focus of President Donald Trump’s widening crackdown on Chinese technology. ...
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Business World
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Of broken records, falling stars, and sampaguita: A look at some of Cinemalaya’s short films
THE Cinemalaya Independent Film Festival opened its 16th iteration online on Aug. 6 with a main competition focused on short films instead of its usual full-length features. But with a surfeit of short film choices — 10 in the main competition and another 20 in the exhibition section — Cinemalaya remains successful as a celebration of Filipino independent filmmaking.
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Business World
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TV5 to buy entertainment content, enter into block timing
By Zsarlene B. Chua, Senior Reporter AFTER several years of not producing entertainment content and banking on sports and news for the network’s content, TV5 is poised for a comeback with a new setup: buying shows from producers such as APT Entertainment and having its pay TV sister channel Cignal TV block time in the network. “We are looking for programs, not stars,” Percival “Perci” M. Intalan, programming head of TV5, told reporters in a digital briefing on Aug. 8 via Zoom. ...
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Business World
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Roxas and Co. posts P195-M net loss
ROXAS AND CO., Inc. (RCI) reported a net loss attributable to equity holders of P195.12 million in the second quarter, wider by 13% compared with the previous year’s losses after the suspension of its operations due to lockdown protocols during the period. The quarter’s net loss brings the company’s first-half losses to P341.92 million, an expansion of 35. ...
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Business World
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Toyota launches home delivery for vehicles
TOYOTA MOTORS Philippines Corp. is delivering vehicles directly to customers’ homes during the lockdown. Car companies like Toyota have rolled out digital sales platforms while the lockdown declared to contain the coronavirus pandemic has limited the movement of consumers. Toyota will now use its network of dealer outlets to deliver newly purchased vehicles directly to customers, the company said in a press release on Friday. ...
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Business World
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SEC warns against two unauthorized forex traders
THE Securities and Exchange Commission (SEC) has flagged unauthorized groups masking as foreign exchange (forex) traders, trying to solicit investments from the public without a license. The corporate regulator issued separate warnings on its website identifying 1 Heal 1 World Trading and Juan Savings as groups that offer illegitimate investment opportunities. These entities were investigated by the SEC and found luring the public to invest in exchange of profits. ...
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Business World
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Vivant’s first-half net earnings down as power sales decline
VIVANT CORP. saw a 35% drop in after-tax net income to P814.4 million as the company’s subsidiaries recorded reduced power in the first semester. In a regulatory filing, the Cebu-based listed firm posted a 31.7% decline in attributable income to P743.41 million between January and June. Its total revenues dropped by 43% to P1.8 billion in the period mainly due to the slump in its power sales. ...
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Business World
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Alliance Select swings to profit
ALLIANCE SELECT Foods International, Inc. returned to profitability in the first quarter despite lower sales due to reduced costs on borrowings. In a regulatory filing on Monday, the seafood company said it recorded an attributable net income of $26,990 in January to March, a reversal of the $7,158 attributable net loss it posted in the same period last year. This was despite a 19% drop in net sales to $15. ...
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Business World
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Meralco seeks delay of 1,800-MW power
MANILA ELECTRIC CO. (Meralco) requested to defer the conduct of a competitive selection process (CSP) to procure 1,800 megawatts (MW) of power supply. Last week, the Department of Energy (DoE) disclosed to reporters that the listed utility wanted to proceed with the bidding process in October as the pandemic pushed it to further move its timeline. ...
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Business World
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DMCI Holdings income down 69% on low market prices
DMCI HOLDINGS, INC. reported a 69% decline in total net income to P2 billion in the first semester as it was “severely” affected by low market prices. The listed firm said its second-quarter earnings were down 62% to P1.4 billion. In the previous quarter, its net profit fell by 78% to P616 million. Between January and June, the diversified conglomerate’s core net income, which excludes one-off items, decreased by 61% to P2.6 billion. ...
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Business World
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Eagle Cement loses momentum as profit falls
EARNINGS of Eagle Cement Corp. fell about 92% in the second quarter as construction work was restricted in Luzon and several areas to contain the spread of the coronavirus disease 2019 (COVID-19). In a statement, Monday, the cement manufacturer said its net profit stood at P128 million in April to June, slumping from P1.7 billion in the same period last year. Net sales during the three months were cut 73% year on year to P1.4 billion. This brought its six-month net earnings down 61% to P1. ...
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Business World
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Rediscount facility untapped amid BSP’s easing measures
BANKS did not tap the rediscount facility of the Bangko Sentral ng Pilipinas (BSP) in July as policy easing measures have already boosted liquidity in the market. “For the period covering Jan. 1 to July 31, total availments under the peso rediscount facility remains at P20.7 billion as there was no availment in July,” the central bank said in a statement on Monday. Lenders last touched the facility in March and April for peso rediscount loans worth P20.7 billion. ...
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Business World
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AUB posts double-digit drop in Q2 net income
ASIA UNITED Bank Corp. posted lower earnings as it ramped up loan loss reserves. — BW FILE PHOTO ASIA UNITED BANK Corp. (AUB) booked a double-digit drop in its consolidated net income in the second quarter on higher loan loss provisions amid the coronavirus pandemic. AUB and its subsidiaries’ net earnings dropped 24% to P1.114 billion last quarter from the P1.461 billion in the same period last year, its unaudited financial statement filed with the bourse on Monday showed. ...
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Business World
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Gov’t raises P20B from T-bills
THE GOVERNMENT made a full award of the Treasury bills (T-bills) auctioned off on Monday as rates eased across-the-board amid strong liquidity. The Bureau of the Treasury (BTr) borrowed P20 billion as planned on Monday via the T-bills as the offer was thrice oversubscribed, with bids reaching P60.298 billion. It also opened the tap facility to offer P5 billion in one-year T-bills to borrow more at the low rates offered by investors. ...
T00:14
GMA News
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Duterte eyes getting first shot of Russian vaccine vs. COVID-19
“Ako pagdating ng bakuna in public, para walang satsat diyan, in public magpa-injection ako,” Duterte said. “Ako yong unang ma-eksperimentuhan."
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GMA News
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WHO sees hope despite looming 750,000 virus death toll
"I want to be clear: there are green shoots of hope and... it's never too late to turn the outbreak around," said WHO chief Tedros Adhanom Ghebreyesus.
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The Standard
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Yedda: Probe online sexual exploitation of kids
The House of Representativs’Committee on the Welfare of Children will investigate the growing cases of online sexual exploitation of children during the coronavirus disease-19 (COVID) pandemic, panel chairperson and Tingog Party-list Rep. Yedda Marie K. ...
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The Standard
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Party drugs smuggled in coffee, toy packs
Customs agents at the Ninoy Aquino International Airport have intercepted smuggled parcels of ecstasy pills at the Central Mail Exchange Center warehouse in Pasay City with an estimated street value of P23.5 million.
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Tempo
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Unless you turn and become like children
Gospel • Mt 18:1-5, 10, 12-14 * CHILDREN. The Apostles are anxious about status and rank, resulting in infighting among them, each emphasizing his advantage over the other. Jesus warns them that unless they become like children, they cannot enter the Kingdom of heaven. “To turn” implies a change of mentality and behavior, unlearning […]
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Tempo
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Tempo 11 August 2020, Tuesday issue
T00:14
Remate
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PDU30: Pinas COVID-free na sa Disyembre
Manila, Philippines – Tiwala si Pangulong Rodrigo Roa Duterte na magiging COVID -free na ang bansa sa darating na Disyembre. Sa kanyang public address, gabi ng Lunes, Agosto 10 sinabi nito na mai-enjoy na rin ng mga Filipino ang Kapaskuhan. Pinanghawakan ng Pangulo sa kanyang pahayag na ito ang vaccine na manggagaling sa Russia na […] The post PDU30: Pinas COVID-free na sa Disyembre appeared first on REMATE ONLINE.
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