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Philippines raises alert as Pinatubo volcano shows unrest

United States Geological Survey, Public domain, via Wikimedia Commons Philippine seismologists on Thursday raised an alert on the Mount Pinatubo volcano in the main Luzon island. “There is low-level unrest that may be related to the tectonic processes beneath the volcano,” the Philippine Institute of Volcanology and Seismology (Phivolcs) said in an advisory. While no […]

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Can stress cause stomach problems?

Symptoms of acid reflux — photo from https://www.mountelizabeth.com.sg What is acid reflux? Acid reflux is a disorder that occurs when there is a backflow of stomach acid into your esophagus. The acid irritates the lining of your esophagus, causing a painful, burning sensation in your chest. Symptoms of acid reflux o A painful burning sensation […]

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A positive response from the property industry to Budget 2021. Do you agree?

Despite the increase on Capital Gains Tax, word from the property sector has generally been positive. Especially with the opportunity to claim the ‘Super Deduction’ rate of 130% . Business Matters sought to acquire comments from leaders in the sector who were willing to share their opinion here: Pantazis Therianos, CEO of London focused […]

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BoI-approved pledges rise to P122B

REUTERS INVESTMENT PLEDGES approved by the Board of Investments (BoI) surged by 156% in the first two months, despite a drop in commitments from foreign investors as the pandemic continued. Trade Secretary Ramon M. Lopez, who is also the chairman of the BoI, said on Wednesday the investment promotion agency approved P121.9 billion in investments […]

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Philippine banks likely to weather crisis better than SE Asian peers, says S&P

REUTERS/THOMAS WHITE/ILLUSTRATION By Beatrice M. Laforga, Reporter PHILIPPINE BANKS appear better positioned to weather the surge in soured loans than Southeast Asian peers, but sluggish economic growth could dampen the sector’s recovery this year, S&P Global Ratings said. “We have a negative outlook on the Philippine banking sector, that means there is a one-third chance […]

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PHL poised to reap gains from global recovery

PHILIPPINE STAR/EDD GUMBAN THE Philippines is among key Southeast Asian nations best positioned to take advantage of the growing demand for electronics as the global economy recovers from the pandemic, Moody’s Analytics said. In its report “Factory Southeast Asia: Global Manufacturing’s Next Frontier,” the think tank said Southeast Asia has gained attention as a global […]