Editor’s Pick

Grinch hits candy cane makers with sugar shortage, twisted supply chain

MATHILDE LANGEVIN /UNSPLASH CHICAGO — Orders have been pouring into Andrew Schuman’s candy cane business this year, but business has been anything but sweet. “We’re not taking new orders from new customers,” said Mr. Schuman, chief executive officer of Hammond’s, based in Denver, Colorado. “We can’t keep up with demand.” …

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SEC revokes registration of iWATCH.PH

THE Securities and Exchange Commission (SEC) has revoked the registration statement of iWATCH.PH Corp. for its unlicensed investment solicitation activities similar to a “pyramid scheme.” The SEC released two advisories against the entity earlier this year. In April, the regulator warned that the investment program of iWATCH.PH has “the characteristics …

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Ahanmisi, Alaska Milk dominate skidding Blackwater Bossing

AHANMISI tallied 17 points, 8 rebounds, and 2 assists to lead Alaska over Blackwater. — PBA IMAGE By Olmin Leyba GAMES ON SATURDAY(Smart Araneta Coliseum)4 p.m. – NLEX vs Phoenix6:45 p.m. – Ginebra vs. Magnolia MAKING the most of the opportunity against a long-skidding opponent, Alaska Milk steamrolled Blackwater, 98-75, …

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A milky Christmas

1 of 3 POPULAR YouTube chef Ryan Morales Reyes (otherwise known as Ninong Ry, with 1.25 million subscribers) entertained guests at a webinar last week called Shume-chef with Nestlé Carnation. The canned milk brand used the opportunity to launch its new formulation of evaporated milk (called “Evap” on the label …

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SMIC registers P15-billion fixed-rate bonds

THE Securities and Exchange Commission (SEC) said it received on Wednesday the registration statement of SM Investments Corp. (SMIC) for a P15-billion fixed-rate bond offering. SMIC is planning to offer P10-billion fixed-rate bonds with a P5-billion oversubscription option. The offer will consist of Series I bonds due in 2025 and …

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Haus Talk prices IPO shares at P1.50 apiece

By Keren Concepcion G. Valmonte, Reporter RESIDENTIAL developer Haus Talk, Inc. has priced its initial public offering (IPO) shares at its ceiling of P1.50 apiece, the company said in a letter to the exchange on Wednesday. “This may be a sign of optimism, given the better market sentiment amid the …

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Cebu provincial gov’t to provide fuel for banks’ generators

CEBU SUGBO NEWS THE CEBU provincial government will provide banks with fuel under a loan arrangement to help run generators at maximum daily capacity while power supply restoration is still ongoing in the aftermath of typhoon Odette that struck on Dec. 16. Cebu Gov. Gwendolyn F. Garcia called a special meeting Tuesday to address …

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MAD coalition appeals to TikTok, Google, Youtube to help counter election-related fake news

A COALITION of civil society groups and other sectors has appealed to three social media platforms to set up systems that will help counter the spread of fake news online, particularly those relating to the Philippines’ 2022 elections. The Movement Against Misinformation (MAD) sent open letters to TikTok, Google and Youtube to advocate for transparency, accountability, and increase resources …

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Marcos lawyer shows proof of payment of tax deficiencies, fines

REUTERS THE LATE dictator’s son Ferdinand “Bongbong” R. Marcos, Jr., through his lawyer, presented on Wednesday a government document proving that the presidential candidate settled the deficiencies and fines relating to the unpaid taxes for which he was convicted. In a press conference, lawyer Victor Rodriguez showed a certification issued …

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PHL posts 261 cases as it shortens interval for vaccine booster

PHILIPPINE STAR/ MICHAEL VARCAS THE PHILIPPINES on Monday reported 261 coronavirus infections, bringing the total to 2.84 million. The death toll from the coronavirus hit 50,916 after 122 more patients died, while recoveries increased by 395 to 2.78 million, the Department of Health (DoH) said in a bulletin. There were …

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