AS A SEASON offering to all young adults, Kids Acts Philippines and MINT College are collaborating to present Romeo and Juliet, the Musical, on Oct. 22 and 23.

WARSAW — American pianist Eric Lu won the top prize at the prestigious International Chopin Piano Competition in Warsaw on Tuesday. The decision came after hours of deliberations by a 17-person international jury, chaired by American pianist Garrick Ohlsson. The winner of the 19th edition of the competition receives a €60,000 ($69,972) prize and a […]

PARIS — Crime gangs around Europe are increasingly robbing valuable jewels and gold from cash-needy museums like the Louvre, but while law enforcement often catches the thieves, they struggle to recover the priceless goods, police and art experts say. Only a small pool of criminals would be capable of such a job as Sunday’s audacious […]

AS PART of its commitment to present and engage with contemporary art and culture, the Museum of Contemporary Art and Design (MCAD) will auction off locally and internationally donated artworks on Nov. 15 at the MCAD space.

The Department of Tourism (DoT) launched two separate partnerships on Tuesday, which aim to support the growth of local vendors and promote local destinations. Under the agency’s partnership with TikTok, tourism micro, small, and medium enterprises (MSMEs) would undergo a one-day training or “educational sessions” focused on utilizing the platform’s tools to boost their sales […]

PURE WATER CORP. and Quadwater Corp. are buying the remaining shares of listed Coal Asia Holdings, Inc. for nearly P100 million. In a regulatory filing on Tuesday, Coal Asia said Pure Water and Quadwater are set to acquire 11.33 billion common shares in the company, representing 28.32% of its outstanding capital stock. The shares are […]

ALBAY Rep. Raymond Adrian E. Salceda said the Philippine Stock Exchange’s (PSE) rule requiring companies to offer at least P1 billion or 20% of their market capitalization when listing preferred shares has made it difficult for subsidiaries of listed companies to tap the stock market. “The current rule allows any SEC-registered company to do an […]

(Part 1) Industrial policy formulation or industrial strategy is very much the rage all over the global economy today. It has gone much beyond its earliest form in the middle of the last century when the governments of what countries that eventually rose as the “tiger economies” — such as Singapore, Hong Kong, Taiwan, and […]

SPC ISLAND Power Corp. (SIPC), a subsidiary of listed firm SPC Power Corp., has partnered with two Chinese companies to develop battery energy storage system (BESS) projects in Iloilo and Bohol with a combined capacity of 160 megawatt-hours (MWh). In a disclosure on Tuesday, SPC Power said SIPC signed a supply agreement with Beijing Hyperstrong […]

Tropical Depression Salome may make landfall or a close approach over Batanes on Wednesday evening, prompting the hoisting of Tropical Cyclone Wind Signal No. 1 in parts of Luzon, according to the state weather bureau.  “Strong winds and heavy rainfall are possible, with about 50 to 100 millimeters of rain expected in the Batanes area,” […]

GEOTHERMAL ENERGY producer Energy Development Corp. (EDC) is exploring options to repurpose its 129-megawatt (MW) Upper Mahiao Power Plant in Kananga, Leyte, after it reached the end of its operational lifespan. “We will be conducting site feasibility studies and look at various options including the potential repurposing or redevelopment of the area,” EDC Vice-President Ryan […]

The aggressive acts habitually and deliberately committed by the Chinese are an affront to our sovereignty and a threat to our national security. But more than national security is involved — our economic security is also under threat. This is not something that the Philippines is taking sitting down. Take the most recent incident on […]

The Department of Tourism (DoT) said it aims to attract more Muslim tourists by the end of the year, following the launch of the agency’s Muslim Travelogue. “The arrival growth of the travelers from Muslim majority countries has reached 10% this year,” Tourism Secretary Ma. Esperanza Christina G. Frasco told reporters at the sidelines of […]

LISTED fiber broadband provider Converge ICT Solutions, Inc. is planning to expand its data center footprint outside Luzon, with possible sites in the Visayas or Mindanao, its top executive said. “For future expansion, we are looking at some sites already,” Converge Chief Executive Officer Dennis Anthony H. Uy told reporters on the sidelines of a […]

In 1874, renowned chemist Sir William Crookes sat in a darkened room, eyes fixed on a curtain over an alcove. The curtain twitched, and out came a glowing ghost of a young woman, dressed in a white shroud. He was entranced. But the ghost was fake, and his involvement in séances nearly ruined his career. […]

HANOI — A landmark UN cybercrime agreement aimed at curbing offenses that cost the global economy trillions of dollars annually is set to be signed by representatives from dozens of states in Hanoi this weekend, despite criticism over human rights risks. The convention, which would come into force after it is ratified by 40 states, is […]

SAMSUNG Electronics released its Galaxy XR extended reality headset on Tuesday, counting on AI features from Google to propel it into the nascent and uncertain market of computing-on-your-face that is dominated by Meta and Apple. The headset, resembling those made by others such as Meta, will cost $1,799, or about half of what Apple charges […]

THE COFFEE BEAN & Tea Leaf (CBTL), the Jollibee Group’s flagship coffee and tea brand, has opened its first store in the Maldives as part of its continued international expansion. In a statement on Tuesday, Jollibee Group said the store opened on Sept. 15 at Hulhumalé’s Central Park, marking CBTL’s entry into the Maldivian market. […]

EEI CORP. has approved the transfer of its P164-million training facility in Tanza, Cavite, to its subsidiary EEI Training Academy Corp. through a tax-free property-for-share swap, a move aimed at consolidating the company’s training operations. “The asset transfer is expected to enhance operational efficiency and reduce friction costs across the organization,” the construction firm said […]

The Special Resident Retiree’s Visa (SRRV) has been one of the Philippines’ flagship programs for attracting foreign retirees. Introduced through Letter of Instruction No. 1470 in 1985, the SRRV grants qualified foreign nationals and former Filipinos with permanent residence and multiple-entry privileges, allowing them to settle in the Philippines long-term. The program offers several benefits […]

THE Civil Aeronautics Board (CAB) has retained the passenger fuel surcharge at Level 4 for November, keeping fuel charges steady for the fourth consecutive month. At Level 4, the passenger fuel surcharge will range between P117 and P342 for domestic flights, and between P385.70 and P2,867.82 for international flights originating from the Philippines. For airlines […]

THE Energy Regulatory Commission (ERC) has revised its rules on the public offering requirement (POR) to give power firms more time to comply, by starting the five-year compliance period only after they meet the prerequisites for a public offering instead of from the issuance of their operating license. Under Section 43 of Republic Act No. […]