Summarized: SONA 2024, the 15-minute version
Supercut: Condensed, 15-minute version of SONA 2024President Ferdinand Marcos' third State of the Nation Address on Monday, July 22 lasted about an hour and a half. This version is an edit combining the most interesting and important parts of the speech, considered his administration's report to the joint session of Congress and to the nation. For the full transcript of the speech, as delivered, you may view the full text. — Video by EC Toledo
Source:Philippine Star
July 22, 2024 15:49 UTC
Philippines says to still assert South China Sea rights after resupply deal with China
An aerial view shows the BRP Sierra Madre on the contested Second Thomas Shoal, locally known as Ayungin, in the South China Sea. (Reuters)The Philippines will keep asserting its rights in the South China Sea after it reached a "provisional arrangement" with China about its resupply missions to the contested Second Thomas Shoal, the foreign ministry said on Monday. While neither the Chinese foreign ministry nor the Philippines' Department of Foreign Affairs (DFA) provided details of the arrangement, Manila said it "will not prejudice our respective national positions". The Chinese foreign ministry confirmed the "temporary arrangement" with the two sides agreeing to jointly manage maritime differences and de-escalate the situation. China claims nearly all of the South China Sea, including the Second Thomas Shoal, where the Philippines maintains a rusty naval ship, the Sierra Madre, that it deliberately grounded in 1999 to reinforce its maritime claims.
Source:The Standard
July 22, 2024 13:57 UTC
Yum China to Report Second Quarter 2024 Financial Results
SHANGHAI, July 22, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the second quarter ending June 30, 2024, after the U.S. market closes on Monday, August 5, 2024, U.S. Eastern Time (Tuesday, August 6, 2024, Beijing/Hong Kong Time). Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, August 5, 2024 (8:00 a.m. Beijing/Hong Kong Time on Tuesday, August 6, 2024). In addition, Yum China has also partnered with Lavazza to develop the Lavazza coffee concept in China. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Yum China is a Fortune 500 company with the vision to be the world's most innovative pioneer in the restaurant industry.
Source:Manila Times
July 22, 2024 00:51 UTC
Paradise about to be lost
Paradise about to be lostI haven’t been to Boracay in over 10 years. Boracay has been over commercialized, making it a poor choice particularly for foreign visitors looking to have a restful vacation. I have been to a lot of foreign beach resorts and while some may have some hawkers too, it’s not in the number that we have in Boracay. Then again, maybe it doesn’t matter because Boracay is already losing its foreign visitors. Otherwise, that new airport may be too big as visitor numbers drop and Boracay becomes Paradise Lost.
Source:Philippine Star
July 21, 2024 20:33 UTC
One dead from Nipah virus in India's Kerala state, state health minister says on local TV
(Reuters)Authorities in southern India's Kerala state are taking preventive steps after the death of a 14-year-old boy from the Nipah virus and the identification of 60 persons in the high-risk category, the state's health minister said on Sunday. Parts of Kerala are among those most at risk globally for outbreaks of the virus, a Reuters investigation showed last year. "The infected boy died on Sunday after a cardiac arrest," Veena George, the state health minister told local TV reporters, speaking in the Malayalam language. "There is a minimum chance of an outbreak of Nipah virus at this stage," he said, adding that the situation would be monitored for the next 7-10 days. Nipah has been linked to the deaths of dozens of people in Kerala since its first appearance in the state in 2018.
Source:The Standard
July 21, 2024 20:04 UTC
WATCH: Group opposes signing of 2+2 military intelligence agreement
Members of the Anti-Imperialist Movement hold a protest rally in Quezon City on Sunday to oppose the signing of the 2+2 military intelligence agreement by Defense Secretary Gilbert Teodoro, US Secretary of Defense Lloyd Austin, Foreign Affairs Secretary Enrique Manalo and US Secretary of State Anthony Blinken in Taguig on July 30, 2024. VIDEO BY FRANCO JOSE C. BAROÑAGet 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
Source:Manila Times
July 21, 2024 19:38 UTC
Possible adjustment on public/private split of new housing supply: development chief
The housing supply target for the public and private housing split, currently at a ratio of 70:30, could be adjusted after the average waiting time for public rental housing (PRH) has shortened, said Secretary for Development Bernadette Linn Hon-ho on Sunday. Her comment came after some suggested the government adjust the supply ratio to 50:50 to revive the property market sentiment. She further revealed that the studies included adjusting the public/private split of new housing supply in New Development Areas to 50:50. Linn referred to a study on the Tsim Bei Tsui/Lau Fau Shan/Pak Nai development plan that was published months ago and noted that the 70:30 ratio of housing supply would not be suitable for such a new development area, which might attract many talents in the future. The development chief acknowledged there is room to adjust the ratio due to the potential oversupply of public housing in the next decade.
Source:The Standard
July 21, 2024 19:16 UTC
WATCH: Training business leaders of tomorrow
Roman P. Buyson, 'The Entrepreneurship Trainor,' is a dynamic and results-driven professional committed to developing the business leaders of tomorrow. His vision is to contribute to the inclusive growth of nation-building by inspiring, motivating, and empowering students, business professionals, and MSME entrepreneurs. As a Certified Professional Marketer by the Philippine Marketing Association and a Certified Go Negosyo Mentor by the Philippine Center for Entrepreneurship, Roman brings his wealth of knowledge and experience to his clients. Get 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
Source:Manila Times
July 21, 2024 15:12 UTC
(Video) Five hurt in collision between bike and car
Five people, including a girl, were injured after a motorbike crashed into a private car on Tai Po Road on Sunday. The incident occurred at around 2 pm when the private car was traveling along Tai Po Road towards Shatin. A motorbike on the opposite lane collided with the car as it was turning right into the Kam Shan Country Park car park. Due to the impact, the car flipped onto its side and a family of three, including a girl, was trapped inside. The male motorcyclist and a female passenger also suffered injuries in the crash.
Source:The Standard
July 21, 2024 10:34 UTC
Laughter and the State of the Nation: SONA, sana
I propose we call it the "State of Noodles Address" (SANA) because, let’s be honest, we all need some comfort food after hearing political speeches. Sana our legislators showcase not just their fashion sense but also their statesmanship, wisdom, and genuine concern for the people’s welfare. Firstly, let’s address the SONA fashion show, where our legislators and their spouses don their most elegant attire. Sana our legislators showcase not just their fashion sense but also their statesmanship, wisdom, and genuine concern for the people's welfare. Elegant attire at past SONA events: Fashion meets politics philstar.comNow let’s talk about the elusive P20-per-kilo rice election promise.
Source:Philippine Star
July 21, 2024 09:02 UTC
‘Surveys should promote voter education, not just gauge popularity’
‘Surveys should promote voter education, not just gauge popularity’MANILA, Philippines — Poll survey outfits should contribute to increase voters’ education and not merely gauge a prospective candidate’s popularity, Albay Rep. Edcel Lagman said. According to Lagman, survey firms should ask “more relevant questions” on the choice of aspirants for public office. “The more pertinent is to gauge the voters’ assessment of the competence, qualification and integrity of aspirants, not their popularity or name recall,” said Lagman, who is president of Liberal Party, one of the oldest political parties in the country. He noted the usual question of “if elections are held today, whom are you going to vote for?” is a mere poll on popularity “without emphasizing the fitness of a candidate for public office and his real ability and trustworthiness.”The lawmaker added that survey firms, together with the Commission on Elections, “must be able to educate voters on choosing the right candidates.”Lagman’s statement came on the heels of various surveys on winnable candidates in the mid-year electons next year.
Source:Philippine Star
July 21, 2024 03:53 UTC
Defiant Biden vows to stay despite growing revolt
REHOBOTH BEACH, United States — US President Joe Biden pledged to stay in the White House race Friday, defying a growing Democratic party revolt that raised speculation he could bow out as soon as this weekend. A key donor, Silicon Valley investor Michael Moritz, also joined other supporters such as actor George Clooney who want Biden to make way. "Sadly, President Biden has a choice -- vanity or virtue," the New York Times quoted Moritz as saying. "Absolutely the president's in this race," campaign chairwoman Jen O'Malley Dillon told MSNBC's Morning Joe program. Biden beat Trump in 2020, becoming the oldest president in US history in the process.
Source:Philippine Star
July 20, 2024 18:43 UTC
A dream for Pasig River
A dream for Pasig RiverGovernment officials tour along Pasig River from Guadalupe Ferry Station in Makati to Escolta Ferry Station in Manila on January 12, 2024 to exhibit the pilot area for the Pasig River Urban Development Project. In a way, former president Duterte had a point when he said in 2017: “You can no longer rehabilitate the Pasig River. At about the same time, the government established the Pasig River Rehabilitation Commission. In terms of impact, televised interviews with local and community leaders along the Pasig River are very telling. It’s up to us to prove that economy and progress can flow down the Pasig River without disrupting nature.
Source:Philippine Star
July 20, 2024 14:39 UTC
AGM Group Announces Receipt of Notification from Nasdaq
The Nasdaq notification letter has no current effect on the listing or trading of the Company's securities on Nasdaq. Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until January 13, 2025, to regain compliance under the Nasdaq Listing Rules. In the event the Company does not regain compliance by January 13, 2025, it may be eligible for an additional 180 calendar day period to regain compliance. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.
Source:Manila Times
July 20, 2024 09:19 UTC
Viomi Technology Co., Ltd Enters Definitive Agreements to Divest Certain IoT@Home Businesses in an Effort to Strategically Focus on Home Water Solution Businesses
Mr. Chen will pay the RMB65 million purchase price through Foshan Viomi in the form of a registered capital increase to Guangzhou Interconnect at closing. Safe Harbor StatementThis announcement contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Viomi's strategic and operational plans, contain forward-looking statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements.
Source:Manila Times
July 20, 2024 09:17 UTC