Peso skids past 55 but recovers from slide vs US dollar

The peso gained against the US dollars Monday, closing at 54.78 from 54.985 last Friday. It opened the day at 54.93, weaker than its 54.65 start in the previous session. The local currency traded between 55.15 and 54.78, resulting in an average of 54.982. Volume reached $1.18 billion, lower than the $1.4 billion recorded at […]

Vietnam halts scuba diving off popular island to protect coral

Vietnam has banned swimming and scuba diving at a popular central tourist spot in an attempt to revive its damaged coral reef, officials said Monday. The communist nation boasts more than 3,200 kilometres of coastline with crystal clear waters, vibrant sea life and sandy beaches that are a huge tourism draw. Coral reefs across Southeast […]

Barcelona to host Mobile World Congress until 2030

The Mobile World Congress, the telecom industry’s biggest annual gathering, will be held in Barcelona until 2030, extending its current contract by six years, organisers said Monday. The event, which draws more than 100,000 people to Barcelona, has been held in Spain’s second largest city since 2006. The existing agreement between the GSMA association that […]

Billionaire Ray-Ban owner Del Vecchio dead at 87

Italy’s second richest man, eyewear magnate Leonardo Del Vecchio, has died aged 87 after building an optical empire that saw him buy up major brands like Ray-Ban, Persol and Oakley. Del Vecchio was one of Italy’s most successful businessmen, building from scratch an international company that helped turn eyeglasses into a coveted — and pricey […]

Look how fresh Xandra Rocha Araneta is after an outdoor workout

Oh how we wish we look like Alexandra Rocha Araneta every after a sweat session. She shared on Instagram a short video of her soaking some sun after a workout. Xandra wrote how grateful she was for that day, thanking Mike Enriques for always pushing her when she needed it and reminding her to slow […]

Cat Arambulo Antonio owns up to her mistakes and learns from them

At the end of the day, she always chooses love. Cat Arambulo Antonio received harsh criticism during the campaign season when she voiced out her support for now President-elect Bongbong Marcos. Since then, Cat has called on people to stop the cancel culture and to respect the difference in opinion. “Sincere apologies should always be […]

Amb. Romualdez receives Carlos P. Romulo Award

Philippine Ambassador to the US Jose Manuel Romualdez was honored with the prestigious Carlos P. Romulo award by the US-Philippines Society in recognition of his “superior diplomatic service as Philippine envoy in Washington and unflagging support for the US-Philippines Society.” USPS founding co-chairman and former Deputy State Secretary and Ambassador to the Philippines John Negroponte […]

‘Tinira ko talaga’: NTC warns TV firms against blocktime deals, merger plans with ABS-CBN just days before franchise killer Duterte steps down

If President Rodrigo Duterte’s deathblow to ABS-CBN Broadcasting wasn’t enough, the National Telecommunications Commission is moving to crack down on media companies that have blocktime deals and merger plans with the Lopez-owned content creator. NTC Commissioner Gamaliel Cordoba issued a memorandum order on June 23, directing all television and radio franchise owners to submit all […]

‘Number one adviser’: Philippine First Lady to play key role

The Philippines’ new first lady Louise Araneta-Marcos insists she has no interest in joining her husband’s government — but observers say she is likely to hold major sway. The 62-year-old lawyer, nicknamed “Liza”, shuns the public spotlight and rarely gives media interviews. But she is no shrinking violet. Tough, smart and used to getting her […]

Small is the new big: Arsenio Ng proposes micro-satellite project

Businessman Arsenio Ng’s Transpacific Broadband Group International Inc. (TBGI) is crafting a five-year program for a private public partnership (PPP) with the government in a micro-satellite project which is seen to reduce the cost of satellite connectivity by half. In a stock exchange filing, TBGI said the micro-SAT technology is capable of providing 10 Gigabits […]