Datasea Announces Pricing of $2.25 Million Registered Direct Offering
Datasea intends to use the net proceeds from the offering for research and development, market development and for general corporate purposes. In July 2023, Datasea established a wholly-owned subsidiary, Datasea Acoustics LLC, in Delaware, in a strategic move to mark its global presence. This underlies Datasea's commitment to Intelligent Acoustics and its intent to offer leading edge acoustic solutions to the US market. Forward-looking statements in this press release include, without limitation, the timing for closing of the offering, the satisfaction of customary closing conditions related to the registered direct offering, and the expected use of proceeds from the offering. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook," "objective" and similar terms.
Source:Manila Times
July 02, 2024 13:25 UTC
Wage hike of P35 for Metro Manila private sector workers approved – DOLE
MANILA, Philippines — A P35 daily wage hike was approved for private sector workers in Metro Manila by the Regional Tripartite Wages and Productivity Board (RTWPB). The Department of Labor and Employment (DOLE) said the RTWPB’s order will take effect 15 days from its publication or on July 17. “The wage order is expected to directly benefit around 988,243 minimum wage earners in NCR (National Capital Region),” the DOLE said. “About 1.7 million full-time wage and salary workers earning above the minimum wage may also indirectly benefit as a result of upward adjustments at the enterprise level arising from the correction of wage distortion,” it added. Barangay Micro Business Enterprises, on the other hand, are not covered by the minimum wage law pursuant to Republic Act No.
Source:Philippine Daily Inquirer
July 02, 2024 00:14 UTC
Innovation and the convergence of AI and ESG in Philippines
Innovation and the convergence of AI and ESG in PhilippinesMANILA, Philippines — The Philippines is experiencing a transformative period marked by the convergence of Artificial Intelligence (AI) and Environmental, Social and Governance (ESG) principles. AI and ESG: A powerfulcombinationAI’s capacity to analyze vast datasets and generate actionable insights is being increasingly harnessed to tackle ESG issues. The convergence of AI and ESG in the Philippines fosters innovations that support sustainable development while promoting economic growth. In addition, the Philippine government inked a memorandum of understanding with a California-based startup focusing on AI weather forecasting. AI for governance and transparencyGovernance is a critical aspect of ESG and AI is enhancing transparency and accountability in the Philippines.
Source:Philippine Star
July 01, 2024 20:37 UTC
Philippines’ oldest political prisoner released
Philippines’ oldest political prisoner releasedThis photo shows 85-year-old Gerardo Dela Peña holding his certificate of discharge when he was released from the New Billibid Prison on June 30, 2024. MANILA, Philippines — The country’s oldest political prisoner has been released from detention on Sunday, prisoner rights group Kapatid said. Dela Peña was arrested on March 21, 2013 at the age of 75 in Vinzons, Camarines Norte. "The release of political prisoner Gerardo Dela Peña is a testament to the power of perseverance, vigilance and community in overcoming challenges. Meanwhile, the Department of Justice has yet to respond to Philstar.com's request for a comment on Dela Peña’s release.
Source:Philippine Star
July 01, 2024 19:36 UTC
From Beijing with Love: Hong Kong gifted third pair of giant pandas
Giant pandas Ying Ying (left) and Le Le (right). The government has been in liaison with the Hong Kong and Macao Affairs Office and the National Forestry and Grassland Administration to discuss the arrival arrangements of the giant pandas, a spokesman said. “The new pair of giant pandas will become close ‘family members’ of Hong Kong people, bringing us laughter and joy,” Lee continued. The Hong Kong leader also expressed his deepest gratitude to the Central Government for gifting another pair of giant pandas and said this fully demonstrates its care and support for the city. Details of the arrangements for welcoming the giant pandas to Hong Kong will be announced in due course, the spokesman added.
Source:The Standard
July 01, 2024 10:50 UTC
Why Japan is always a good idea for fun
Why Japan is always a good idea for funThe last time I was in Osaka was back in 2019, when I went with my mom and daughter Gabbie. We left Wednesday afternoon and, after a two-hour delay in NAIA, arrived in Kansai airport past 8 p.m. Japan time. I almost forgot that Osaka is the land of “falling in line.” The good places to eat always have lines, and Hanamaruken was no exception. It was a good decision because their ramen turned out to be delicious. Japan is always a good idea for shopping, eating, and bonding.
Source:Philippine Star
June 30, 2024 17:01 UTC
Sara Duterte says no confidential fund proposed for OVP's 2025 budget
Sara Duterte says no confidential fund proposed for OVP's 2025 budgetMANILA, Philippines — Vice President Sara Duterte said that the Office of the Vice President (OVP) did not request confidential and intelligence funds (CIF) from the 2025 national budget. “For the Office of the Vice President, no, wala kaming proposal ng confidential funds for next year,” Duterte said in an interview with reporters. (For the Office of the Vice President, no, we do not have a proposal for confidential funds for next year.) A month later, the OVP retracted its appeal to receive P650 million in confidential funds from the 2024 national budget. The first petitioners assailed the constitutionality of the P125 million transfer of the Office of the President’s contingency fund to the OVP’s CIF in 2022.
Source:Philippine Star
June 30, 2024 16:55 UTC
Cricket: South Africa "gutted" after final loss to India
South African players wait on the field after losing the T20 World Cup final to India © Randy Brooks / AFPSouth Africa captain Aiden Markram said he was "gutted" after his team lost their first-ever T20 World Cup final by seven runs to India. Heinrich Klaasen's blistering 52 from 27 balls, with five sixes and two fours, put South Africa in position to win before India's 'death' bowlers turned the screw. It was a great game of cricket, I'm chuffed with all my guys, it's hard not to get over the line but I'll always be proud of them," he said. "One thing you can guarantee from South African people is that they are competitive, but they are respectful. It's tournament cricket, it's tough cricket, it's not easy to win trophies and you've got to take your hats off to a team like India for lifting the trophy.
Source:The Standard
June 30, 2024 13:17 UTC
Cricket: Indian joy, US make mark at biggest T20 World Cup
India players celebrate after winning the T20 World Cup. The clash between the tournament's two unbeaten sides lived up to expectations and provided intense drama that culminated with India claiming their second T20 World Cup 17 years after their first. It was a fitting finale to the biggest T20 World Cup featuring a record 20 teams, which created quite a buzz in United States, the joint tournament hosts with West Indies. Afghanistan also gave a good account of themselves until South Africa hammered them in the semi-finals. It was the first time South Africa made the final of a World Cup in any format, but Aiden Markram's side fell agonizingly short of the title.
Source:The Standard
June 30, 2024 13:15 UTC
As ice melts, Everest's 'death zone' gives up its ghosts
As ice melts, Everest's 'death zone' gives up its ghostsTents of mountaineers are pictured at Everest base camp in the Mount Everest region of Solukhumbu district on April 18, 2024 on the tenth anniversary of an avalance which killed 16 Nepali guides. Rescuers took hours to chip away the ice with axes, with the team sometimes using boiling water to release its frozen grip. Many are inside the "death zone", where thin air and low oxygen levels raise the risk of altitude sickness. One body, encased in ice up to its torso, took the climbers 11 hours to free. "I feel that we have to give back to them, we have to remove the trash and bodies to clean the mountains."
Source:Philippine Star
June 30, 2024 10:07 UTC
China factory activity contracts for second straight month
China factory activity contracts for second straight monthAn employee produces building material processing equipment at a factory in Nantong, in China's eastern Jiangsu province on Dec. 5, 2023. BEIJING, China — Factory activity in China shrank for a second straight month in June, data showed Sunday, underscoring the country's shaky economic recovery ahead of a key political gathering expected to focus on deepening reform. A PMI figure below 50 indicates a decline activity, while anything above indicates an expansion. China's non-manufacturing PMI -- which takes activity in the services sector into account -- expanded in June at 50.5, the NBS also said Sunday. Among the hurdles policymakers face are a prolonged debt crisis in the once-roaring property sector, sluggish consumption and high unemployment -- particularly among youth.
Source:Philippine Star
June 30, 2024 09:49 UTC
Cybercrimes up by 21% during the first quarter of 2024, says PNP
MANILA, Philippines — Cybercrimes rose by 21.8 percent in the first quarter of this year compared to the same period in 2023, according to the Philippine National Police (PNP). Citing data from the Anti-Cybercrime Group (ACG), PNP said the most prevalent cases were online selling scams, credit card fraud and investment scams. “The PNP will increase checkpoints and patrols while “cyber cops” focus on internet crimes,” the police organization added. In line with this, PNP chief Gen. Rommel Marbil announced an intensified drive against cybercrimes. “Marbil likewise encouraged the public to report any police abuse and reach through these hotlines:ADVERTISEMENTPNP Hotline: 117 or 911Anti-Cybercrime Group: (02) 414-1560Your subscription could not be saved.
Source:Philippine Daily Inquirer
June 30, 2024 08:15 UTC
Language as labor
IN the commodification of language in migratory and nonmigratory contexts, it is necessary to be cognizant of the fact that the use of language itself can be the actual performance of labor. Language is a skill, and the ability to use language fluently and accurately to perform certain tasks is a valued one. Needless to say, these professions and occupations require high-level and above-average language skills and proficiency, as these jobs are usually exemplars of good language use in society. In this category, I include office clerks, in whose work language production is necessary for business meetings and correspondence, and child carers, in whose work language modeling is given to the children under their care. While not all jobs would require high levels of language proficiency, certainly language skills, once learned, could be useful in putting oneself in a much better position than the rest.
Source:Manila Times
June 30, 2024 04:03 UTC
US election: What if Biden leaves the race?
WASHINGTON, D.C. — United States President Joe Biden's woeful performance in the presidential debate against his Republic rival Donald Trump has reignited questions about what would happen should the veteran Democrat step down as party flagbearer at the last minute. Such a high-risk political U-turn would be unprecedented in modern American election history. If Biden exits, the delegates would have to find a replacement. When asked about Biden potentially stepping aside, campaign communication director Michael Tyler told reporters aboard Air Force One there were "no conversations about that whatsoever." In 1992, Texas billionaire Ross Perot, running as an independent, managed to win nearly 19 percent of the popular vote.
Source:Manila Times
June 30, 2024 04:01 UTC
WATCH: Ailyn Cayanan: The modern-day Sister Act spreading hope everywhere
Sister Ailyn, a Salesian Sister, may seem like another ordinary nun, but her energy and passion for helping others truly sets her apart. Similar to the beloved movie character Sister Act, Sister Ailyn is always on the go, spreading hope and inspiration wherever she goes. Whether she is giving talks on agriculture farming to young students or lending a listening ear to farmers in need, Sister Ailyn's boundless energy knows no bounds. She travels often to various locations, always ready to reach out to those in need of guidance and support. She embodies the true spirit of a nun, dedicated to serving others and making a positive impact on the world.
Source:Manila Times
June 30, 2024 03:34 UTC