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A big time price rollback for gasoline and diesel is expected to be implemented by petroleum companies this week. The price rollbacks to be implemented in petroleum products were P1.00 per liter of gasoline and P0.60 centavos for every liter of diesel. Said implementation of big time rollback was due to the return of Iranian crude in the World Market. (Eagle News Service)
MANILA, Philippines (Eagle News) – Through a survey, the Bangko Sentral ng Pilipinas is forecasting that more Filipinos will apply for loans this fourth quarter with an increased demand on real estate and housing loan as well as enterprise and commercial loans. (Eagle News Service Jay Paul Carlos, Vince Alvin Villarin)
“Japan Content Showcase 2015”, a multi-content market featuring music, film and animation, was held at the hotel “GRAND PACIFIC LE DAIBA” as a joint market of the following: TIMM – Tokyo International Music Market TIFFCOM – Affiliated market of the Tokyo International Film Festival (TIFF) (The only film festival in Japan approved by the International Federation of Film Producers Associations) TIAF – Tokyo International Anime Festival Features of Japan Content Showcase A wide variety of content […]
In his second public appearance since being named Twitter Inc’s permanent chief executive earlier this month, Jack Dorsey on Wednesday apologized to the developers who work with the social media company to create apps. His admission came as he begins a turnaround effort at Twitter, which has struggled with user growth and attracting advertising dollars, while taking public his mobile payments company, Square, by the end of this year. “Somewhere along the line our relationship […]
Alphabet Inc’s YouTube will launch a $10-a-month subscription option in the United States on Oct. 28 that lets viewers watch videos from across the site without interruption from advertisements, the company said on Wednesday (October 21). Starting early next year, the service called YouTube Red will add exclusive shows and movies from top YouTube creators including PewDiePie, Lilly Singh and The Fine Brothers. “Consumers are embracing paid subscriptions of ad-free content at an incredible pace,” […]
With Ambiente 2016 nearing, organiser Messe Frankfurt GmbH held a press conference on Friday, October 16, 2015 in Manila to encourage Philippine businesses to participate. Below is the official press release. The show to see: Ambiente 2016 is the barometer for trends in the consumer-goods industry Leading international fair welcomes Italy as 5th partner country; Paola Navone is the designer of Italy’s partner country presentation https://youtu.be/seQtU2Tvsps Contract business, sourcing and a top-flight complementary programme. New […]
Apple Inc could be facing up to $862 million in damages after a U.S. jury on Tuesday (October 13) found the iPhone maker used technology owned by the University of Wisconsin-Madison’s licensing arm without permission in chips found in many of its most popular devices. The jury in Madison, Wisconsin also said the patent, which improves processor efficiency, was valid. The trial will now move on to determine how much Apple owes in damages. Representatives […]
Three Filipino Families, Sy, Zobel and Aboitz were included in the Forbes’s inaugural list of Asia’s richest families. The Sy family ranked 13th in the list with a net worth of $12.3 billion, being the richest clan in the Philippines. (Eagle News Service)
Toyota Motor Corp is aiming to bring to market cars that can autonomously change lanes, merge with traffic, and overtake other vehicles on highways by around 2020 as it aims to catch up in the nascent field of self-driving cars. The technology, named ‘Highway Teammate,’ is a modified Lexus GS with the ability to evaluate traffic conditions through 3D sensors and GPS technology, enabling automated driving from entrance to exit of highways. Demonstrating its newest […]
According to Agriculture Undersecretary Jose Riaño, there will be no increase in the price of pork and poultry products despite the strong El Niño phenomenon affecting the country. He added that the supply of said products will remain stable until the holiday season since poultry and hog raisers were able to prepare for the effects of the El Niño. As such, Riaño added that there is no reason for the price of processed meats to […]
SOCCSKSARGEN, Mindanao (October 2) – The Department of Agriculture in Region XII plans to increase investments in the coffee industry of the said region in 2016. This is to maintain the status of the said region as the leader and primary coffee producer in the Philippines. (ENS, uploaded by Jay Paul Carlos and Jericho Morales)
Presidential Communications Secretary Herminio “Sonny” Coloma said that there is no need to meet foreign investors regarding the kidnapping incident involving three foreigners and a Filipina in Samal Island, Davao del Norte. Coloma also added that the economy remains strong and that the foreign investors have no need to worry regarding said incident. (Eagle News Service Jay Paul Carlos, Dexter Magno, MRFaith Bonalos)
