Philippines

Because of rising commodity prices and a dispute between the government and importers, the leading producers of soft drinks in the Philippines have issued a rare unified statement in which they corroborate claims of a refined sugar scarcity. ARC Refreshments Corporation, Coca-Cola Beverages Philippines, and Pepsi-Cola Products Philippines have all stated that the industry is currently experiencing a shortage of …

Beginning on Monday, August 15, Fernando Zobel de Ayala, who serves as President, Chief Executive Officer, and Vice Chairman of the Board of Directors of Ayala Corporation, went on a leave of absence due to health reasons. On Monday, Ayala Corporation informed the Philippine Stock Exchange about the new information. The company also mentioned that Zobel will continue to serve …

Yassi Pressman responded to a news report that brought attention to her apparent weight gain by stating that she is happy with her body despite the article’s implication that she had gained weight. Pressman provided a screenshot of an article headlined “Yassi lumobo tiyan, lumapad balakang” (Yassi’s tummy becomes broader, hips get wider),” which suggested that the actress will have …

Despite the volatility of the market, the president of the Philippine stock exchange operator said on Saturday that he anticipates companies will raise a total of 200 billion pesos ($3.6 billion) on the capital markets this year. This projection is based on a robust pipeline of listings and share sales. In the Philippines, businesses, including those in the renewable energy …

After more than a year of discussions, media powerhouses ABS-CBN and TV5 have put their signatures on an investment transaction with multiple billions of pesos, which will effectively combine the content and resources of both organizations. On Thursday, August 11, ABS-CBN said in a statement to the Philippine Stock Exchange that it will be purchasing close to 6.5 million primary …

The Commission on Audit (COA) has called attention to the fact that the Department of Education (DepEd) purchased “expensive” and “outdated” computers for teachers to the tune of P2.4 billion. As a result, the DepEd is currently under investigation. The Department of Education purchased about 39,600 laptops, each with an Intel Celeron CPU, which costs P58,300. These processors are among …

On Saturday, Philippine President Ferdinand Marcos Jr. stated that the unpredictable geopolitical scenario and the aftermath from US House Speaker Nancy Pelosi’s visit to Taiwan highlight the importance of the connection between the United States and the Philippines (Aug 6). Pelosi’s visit, according to Marcos, “did not heighten the heat” of a situation that was already dangerous. Marcos made these …

The cuisine of the Philippines is currently enjoying a moment of global prominence. One chef who was born in the Philippines and now works in Singapore has the goal of discovering every facet of the potential that the cuisine possesses. The “Pinoy” cuisine, known for its bold flavors and long-standing barbecue traditions, has been the source of inspiration for the …

President Ferdinand Marcos Jr. stated on Monday (August 1) that there are no plans for the Philippines to rejoin the International Criminal Court (ICC), despite the fact that the prosecutor of the tribunal is seeking to resume an investigation into the former president’s murderous drug war. After launching a preliminary investigation into his drug crackdown, which resulted in the deaths …

Fidel Ramos, the former president of the Philippines, passed away on Sunday at the age of 94, according to his family. Ramos is remembered as one of the most successful leaders in the history of the country because he presided over a period of sustained economic expansion and relative peace in the Philippines (Jul 31). He was frequently spotted eating …