Evacuations are underway across Hawaii’s Big Island and Maui as passing Hurricane Dora helps fuel wildfires that have damaged structures, prompted rescues and spurred people jump into the ocean to escape danger, officials said. In Maui County, 12 people were rescued near Lahaina after “entering the ocean due to smoke and fire conditions,” the Coast […]Read More
Saudi Arabia’s ancient Red Sea port city Jeddah, stewing in the steamy heat of the world’s hottest summer on record, is not the obvious pick to cool the world’s fiercest conflict, currently raging in Ukraine. Yet, the desert kingdom’s king-in-waiting, Crown Prince Mohammed bin Salman – MBS for short – thinks he can help. Last […]Read More
On the eve of his Hall of Fame induction, NBA legend Dirk Nowitzki has said that his daughter is “mostly embarrassed” about any “hoopla” surrounding her dad. The former Dallas Mavericks superstar, who was the first European in league history to receive the Most Valuable Player (MVP) award, will be among those inducted into basketball’s […]Read More
BW FILE PHOTO THE PESO sharply retreated to return to the P52 level versus the greenback on Monday amid hawkish signals from the US Federal Reserve and expectations of a prolonged war between Russia and Ukraine. The local unit closed at P52.05 per dollar on Monday, shedding 46 centavos from its P51.59 finish on Friday, […]Read More
BW FILE PHOTO THE PESO sharply retreated to return to the P52 level versus the greenback on Monday amid hawkish signals from the US Federal Reserve and expectations of a prolonged war between Russia and Ukraine. The local unit closed at P52.05 per dollar on Monday, shedding 46 centavos from its P51.59 finish on Friday, […]Read More
BW FILE PHOTO SHARES declined on Monday amid a shortened trading week and ahead of the release of US inflation data, which are expected to have reached a fresh high in March. The benchmark Philippine Stock Exchange index (PSEi) fell by 29.73 points or 0.42% to close at 6,988.29 on Monday, while the broader all […]Read More
FINANCE Secretary Carlos G. Dominguez III said he prefers a wealth tax centered on reforming the real property valuation system because taxes on other forms of wealth are more easily evaded. He said in a statement issued by the Department of Finance (DoF) on Monday that should the government end up targeting the super-rich, he […]Read More
TUCP FB PAGE THE Trade Union Congress of the Philippines (TUCP) on Monday filed a petition seeking to increase the daily minimum wage in the Soccsksargen region in the southern Philippines to P724 from P336, in line with petitions filed with other regional wage boards. The TUCP cited the rising cost of living, which has […]Read More
PHILSTAR THE Sugar Regulatory Administration (SRA) said the draft order authorizing 350,000 metric tons (MT) of sugar is intended to backstop domestic supply following shortfalls in local production. Administrator Hermenegildo R. Serafica said in a statement on Monday: “What the detractors of imports have failed to consider is the issue of food security, in particular, […]Read More
DAVAO CITY GOVT. THE GOVERNMENT has invited bidders to participate in an auction for the contract to supply buses to the P73.93-billion Davao City bus system project. The Transportation department said the government is seeking suppliers of diesel and electric buses for the Asian Development Bank (ADB)-funded project. The auction is “open to bidders from […]Read More
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