NOTICE IS HEREBY GIVEN that the annual meeting of the stockholders of Jollibee Foods Corporation (the "Corporation") shall be held on Friday, June 28, 2024 at 2:00 in the afternoon. Only stockholders of record as of May 28, 2024 are entitled to notice of, and to vote at, this meeting. In the interest of public health and safety, there will be no physical meeting. The Corporation shall conduct the meeting virtually and the stockholders may attend and participate via remote communication and by voting in absentia or by appointing the Chairman of the meeting as their proxy. The deadline for registration to vote in absentia shall be until 12:00 P.M. of June 21, 2024.

June 06, 2024 22:23 UTC

On buy and sell platform Carousell, iPhone ranks among the top five searched keywords. Among the most frequently-purchased secondhand phones are the iPhone 11, iPhone 12, iPhone 13, iPhone 14, and iPhone 15. This highlights the sustained popularity of older Apple products in the secondhand market. Meanwhile, Samsung asserts its position as the preferred Android brand within the Mobile Phones &andGadgets category. This trend underscores the value proposition of the secondhand mobile market, where consumers can access premium devices without the premium price tag.

June 06, 2024 19:30 UTC

Pinoys urged to reduce plastic useOn this World Environment Day, we urge every Filipino to take action: reduce plastic use, participate in cleanup drives and support sustainable practices,” said Makakalikasan-Nature Party Philippines national spokesperson Geraldine Lanusa Perez. MANILA, Philippines — Filipinos should reduce plastic use as the country remains a top contributor to ocean plastic pollution, producing at least 2.7 million metric tons of plastic waste annually, an environmental group said yesterday. “On this World Environment Day, we urge every Filipino to take action: reduce plastic use, participate in cleanup drives and support sustainable practices,” said Makakalikasan-Nature Party Philippines national spokesperson Geraldine Lanusa Perez. The Philippines has demonstrated its commitment to global climate action by submitting its climate adaptation plan to the UN Framework Convention on Climate Change, she said. Comprehensive natural resource management strategies are necessary to address these crises, she maintained.

June 06, 2024 17:31 UTC

THE peso fell for a third straight day on Wednesday, hitting a fresh 19-month low, while the stock market rebounded following lower-than-expected May inflation. The currency weakened by 7 centavos to P58.78 to the dollar, its lowest close since Nov. 3, 2022's P58.80. The benchmark Philippine Stock Exchange index, meanwhile, returned to the 6,400 level with a 54.9-point or 0.86-percent gain to 6,441.32. Managing Director Luis Limlingan, meanwhile, said "Philippines shares rebounded from prior losses, mirroring the move of the US equities in its last session and shrugging off the uptick in headline inflation this morning." Mining and oil, and industrials were the only decliners, down 0.57 percent and 0.05 percent, respectively.

June 06, 2024 13:16 UTC

At least six crewmembers of the F/B King Bryan, a fishing boat, are killed when an explosion and a fire hit their vessel nearly 3 kilometers (1.8 miles) off Cebu, coast guard officials said on June 6, 2024. Six others were rescued, including the skipper. They were still being treated at a hospital or were too traumatized to tell investigators what set off the explosion and fire onboard the vessel on June 5 off Naga city in Cebu. VIDEO COURTESY OF PHILIPPINE COAST GUARDGet the latest newsdelivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy

June 06, 2024 10:28 UTC





Narendra Modi insists he would be able to continue his agenda despite the shock election result. AFPIndian Prime Minister Narendra Modi faced the prospects of a far tougher-than-expected third term after his party failed to secure an outright majority for the first time since sweeping to power a decade ago. BJP secured 240 seats in parliament, far less than the 303 from five years ago, and 32 seats short of a majority. In a remarkable turnaround, the main opposition Congress party won 99 seats, almost double its 2019 tally of 52. "The country has said to Narendra Modi 'We don't want you'," opposition leader Rahul Gandhi told reporters.

June 06, 2024 10:11 UTC

Here are 6 tech recos you can score this 6.6MANILA, Philippines — Are you into tech and want to upgrade your devices soon? With Amazon Echo Dot, Alexa can respond to your voice commands for weather updates, music, almost anything under the sun. More than hands-free convenience, the 5th Gen Echo Dot also uses recycled materials—smart and sustainable! The Echo Dot is a budget-friendly option that can help you stay organized and increase your productivity without breaking the bank. It’s lightweight and has possibly has eye-friendly display that reduces eye strain during long reading sessions.

June 06, 2024 10:06 UTC

The need for an alternative international systemBoth the United States and China share the same ambition to remake the world, except that they have different images of what the world should be like. Both nations rely on trying to build a network of alliances but the United States has been much more successful than China. A 2023 PEW Research Center study surveyed attitudes towards China and the United States in 24 countries on six continents. In contrast, according to Chinese officials, the United States advances its cultural objectives through what has been described as pop culture. But no one, including China and the United States, has created an acceptable and compelling alternative.

June 05, 2024 23:31 UTC

Rice inflation rate slowed down in May 2024 — PSAWorkers are unloading truck load of rice at the warehouse of the National Food Authority (NFA) in suburban Manila on October 7, 4014. MANILA, Philippines — The Philippine Statistics Authority (PSA) reported a slow growth in rice inflation between April and May 2024, as well as a slight decrease in its retail prices. “Continuously, bumababa ang average world price of rice halimbawa sa Thailand and Vietnam (Continuously, the average world price of rice have been declining in countries such as Thailand and Vietnam),” he said during the press briefing. “'Pag bumaba ang presyo ng bigas due to tariff, bababa ang price and inflation which would trigger a reduction in inflation moving forward. (If the rice prices go down due to tariff, price and inflation will go down and would trigger a reduction in inflation moving forward),” Balisacan said.

June 05, 2024 17:10 UTC

Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. REUTERS/Adnan AbidiIndian Prime Minister Narendra Modi was set to meet his allies on Wednesday to discuss forming the government, a day after his Hindu nationalist party lost its outright majority in parliament in a surprise election verdict. Modi's Bharatiya Janata Party (BJP) won 240 seats on its own in the general election, 32 short of the halfway mark in the 543-member decision-making lower house, according to official results announced late on Tuesday. The opposition INDIA alliance led by Rahul Gandhi's centrist Congress party won 230 seats, more than forecast. The INDIA alliance was also expected to meet on Wednesday in New Delhi, and discuss a future course of action.

June 05, 2024 16:40 UTC

A CONSORTIUM of Japanese businesses, led by NTT Docomo Inc. (NTT Docomo) and Space Compass Corp. (Space Compass), together with Mizuho Bank Ltd. and the Development Bank of Japan Inc., has committed to invest $100 million in Aalto HAPS Ltd. (Aalto), which manufactures and operates the stratospheric, solar-powered Zephyr high-altitude platform station (HAPS). The investment will be made through the Japanese Consortium's investment vehicle, HAPS Japan Corp. As a payload-agnostic platform, Zephyr can transform into a multifunctional tower in the sky to provide low latency 5G direct-to-device mobile connectivity services. Members of the high-altitude platform station (HAPS) Japan consortium, Aalto HAPS Ltd. and Airbus sign the Tokyo Stratospheric Declaration on May 29, 2024. In photo are (from left) Akihiro Hikuma of NTT Docomo Inc., Shigehiro Hori of Space Compass Corp., Samer Halawi of Aalto HAPS Ltd., and Jean-Brice Dumont of Airbus Defence and Space.

June 05, 2024 16:22 UTC

THE Department of Science and Technology-Science Education Institute (DoST-SEI), in collaboration with the Philippine S&T Development Foundation-Manila Inc. (PhilDev), has launched the Scholars Technopreneurship Training Program (STTP) in Cagayan de Oro City. Spanning from May to November 2024, this seven-month capacity-building initiative aims to equip DoST-SEI scholars with essential skills in technopreneurship, design thinking and innovative business, and venture planning. The culmination of the program in November features a pitching competition where participants will present their startup plans to industry experts and potential investors. AdvertisementVince Manglicmot of PhilDev delivered an engaging talk on the history and landscape of technopreneurship in the Philippines. Erica Cago, director of the Northern Mindanao Association of DoST-SEI Scholars, was also present to join the discussion.

June 05, 2024 16:05 UTC

The overall number of complaints about poor taxi services received by the Transport Department is on the rise for a third consecutive year, with a total of 1,006 cases in 2023 - a 75 percent increase compared to the previous year. The department said on Wednesday that the number of complaints received by the Transport Department against taxi drivers involved those of a more serious nature. They include overcharging, refusing hire and driving to a destination other than by the most direct practicable route. Complaints of various types have increased compared to the previous two years, with complaints of overcharging increasing by 1.2 times annually. In 2022 and 2021, the department received 574 and 464 complaints respectively, meaning the figure in 2023 has more than doubled compared to 2021.

June 05, 2024 06:49 UTC

Native garlic to raise local sufficiency to 20 percentAgriculture Undersecretary Cheryl Marie Natividad-Caballero said the DA is aggressively pushing garlic as one of the banner high value crops programs given its growing demand, both for household and processing use. “We want to bring back garlic as the ‘white gold’ of Ilocos region,” Caballero, who oversees the DA’s high value crops program, told reporters. The agriculture department is currently working out on its financial plan to determine the budgetary support requirement for the local garlic industry, Caballero said. The country’s garlic output last year declined by two percent to 5,765 MT from 5,884 MT in 2022, according to the Philippine Statistics Authority. About two-thirds of the annual garlic production in the Philippines comes from the Ilocos region, making it the country’s top producer of garlic.

June 05, 2024 03:53 UTC

ADVERTISEMENTREAD: Tariff cut on imported rice: A gamble local farmers won’t takeAlthough rice prices would not drop drastically due to increasing world prices, Balisacan said the new tariff rates on rice and other products would “benefit everyone.”“With the tariff reduction from 35 percent, everyone will benefit from that, and this is crucial because world prices are still increasing. If we don’t reduce the tariff, with the increasing world prices compounded by the 35-percent tariff over and above that, prices and inflation will remain to be a very serious problem. With this, we expect those upward pressures and rice prices to ease,” Balisacan noted. READ: More cuts to rice tariffs urged to tame inflationInflation rose to 3.8 percent in April, of which nearly half (1.75 percentage points) was due to rice, data from the Philippine Statistics Authority showed. “Reduced rice tariffs paved the way for more rice imports, and yet rice prices have only gone up,” Cainglet said in a Viber message.

June 05, 2024 03:32 UTC