NEW YORK CITY: German sandals maker Birkenstock will launch on the New York Stock Exchange on Wednesday in an initial public offering (IPO) that values the company at $8.6 billion, according to multiple media reports. Shares in the company, which was in the hands of the founding family until 2021, …
Read More »Diokno calls for financing model reforms
IMPROVING climate finance with fairer terms is essential for climate justice, said Finance Secretary Benjamin Diokno, prompting multilateral development banks (MDBs) to provide better financing options for global challenges. “Now, as rising interest rates and increasing costs of international borrowing are likely to further restrict government budgets and curtail priority …
Read More »Gilas Pilipinas gets well-deserved break after Asiad
(UPDATE) MEMBERS of the victorious Gilas Pilipinas from the Asian Games men’s basketball are assured of at least a 10-day break from their respective PBA mother squads. Gilas team manager Alfrancis Chua gave that assurance to players, so as to give them enough time to rest following their Asian Games …
Read More »5 years after legalization, easy access to cannabis is showing up as more health problems
At the five-year mark after legalization of cannabis, a look at what research tells us about the upsides and downsides for public health. As retailers made it easier to buy cannabis, hospitalization numbers ticked upward. When Canada legalized the use of cannabis in October 2018 after decades of prohibition, the …
Read More »Filipinos’ safety is priority concern amid Israel-Hamas conflict
The raging Israel-Hamas conflict has affected the Filipino community in Israel, raising national consciousness anew on the stark realities of global politics. As reported by the Department of Foreign Affairs (DFA) last Oct. 9, at least 22 Filipinos were rescued, including two who were injured, while one was reported to …
Read More »Not a curse
The continuing discord primarily revolves around the land of historic Palestine, to which both Israelis and Palestinians have deep historical and religious connections. The flare-up of the Israel-Palestinian conflict provides a reminder to the world about the absolute value of bringing all disagreements to the negotiating table. It doesn’t matter …
Read More »China warns PH to take its words seriously over WPS sovereignty
China on Monday warned the Philippines to take its words “seriously” and declared that it will do “what is necessary” to protect its interest in the South China Sea, which it claims is in violation of a UN tribunal ruling. The Chinese Foreign Ministry issued the warning Monday night as …
Read More »Filipina feared dead in Gaza
Embassy also pushes voluntary Pinoy repatriation from Israel A Filipino woman who was among those previously reported missing in Israel is feared dead after supposedly being caught in the clashes between government forces and Hamas militants, an official of the Philippine Embassy in Tel Aviv said Tuesday. THE embassy has …
Read More »China could only dream of owning South China Sea – Brawner
AFP Chief General Romeo Brawner Jr. (File photo) China’s harrassment of Philippine vessels and other aggressive actions in the West Philippine Sea (WPS) are a manifestation of its desire to “own” the larger South China Sea (SCS) but this would only remain a “dream” as Philippines will not allow it …
Read More »As DOTr sorts bribery mess, Leynes to head LTFRB
Transportation Secretary Jaime Bautista appointed a temporary head of the Land Transportation Franchising and Regulatory Board (LTFRB) as the agency addresses allegations of corruption and other irregularities. Bautista said Mercy Paras Leynes will serve as officer-in-charge chairperson of the LTFRB until Oct. 9, 2024. Leynes, a lawyer by profession and …
Read More »