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 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
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
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
The government agencies’ cash utilization rate stood at 99 percent in the first half of the year, the Department of Budget and Management (DBM) said on Friday. ADVERTISEMENTTo compare, this was a notch higher from 98 percent utilization rate in the same period last year when government agencies used P2.01 trillion out of P2.05 trillion NCAs issued. READ: Budget utilization rate at 94% as of Oct, says DBMUnused cash allocations amounted to P21.92 billion in June, lower than P46.43 billion that government agencies failed to use last year. An NCA refers to quarterly authority given by the DBM to agencies to withdraw money from the Treasury to fund their programs and spending requirements. Last month, the budget department asked government agencies who are underspending to come up with their plans to further increase their fund utilization rate.
Source:Philippine Daily Inquirer
July 20, 2024 07:35 UTC
House of Representatives' website down during global IT outageMANILA, Philippines (2nd update, 6:25 p.m.) — The website of the House of Representatives went offline on Friday as a major cyber outage affected computer-reliant services around the world. House of Representatives' Media Affairs and Public Relations Service Director Jake Santiago told Philstar.com that he has alerted the information technology department. Philstar.com screenshot Screenshot of congress.gov.ph homepage at the onset of the global IT outage on Friday, July 19, 2024 as of 6:07 p.m. It is unclear as of press time whether the lower house website's downtime is directly linked to the global outage. Initial reports indicate that the havoc on global IT systems stems from an update pushed out by cybersecurity firm CrowdStrike.
Source:Philippine Star
July 19, 2024 20:39 UTC
It quoted the person as saying it would not be a surprise if Biden soon endorsed Vice President Kamala Harris to replace him as the Democratic candidate. Former president Obama meanwhile had reportedly told allies that Biden should "seriously consider the viability of his candidacy," the Washington Post reported. The Axios news outlet separately quoted party figures as saying that Biden could drop out as soon as this weekend, while broadcaster NBC quoted a person close to Biden as saying: "We're close to the end." However the split-screen with Donald Trump could not be more stark, with Trump set to formally accept the Republican nomination in Milwaukee as Biden hunkers down. Republicans find themselves newly unified after former president Trump, who at 78 is just three years younger than Biden, survived an assassination attempt on Saturday that left him with a bandaged ear.
Source:Philippine Star
July 19, 2024 19:38 UTC
China Automotive Systems´ Board of Directors approved the special cash dividend after reviewing the Company´s recent financial performance, current financial condition, expected cash requirements for business expansion and future free cash-flow generation. NASDAQ listing of China Automotive Systems' shares began on August 24, 2004. China Automotive Systems' sales have also grown from $58.2 million in 2004 to $576.4 million in 2023, an approximate 875% increase. About China Automotive Systems, Inc.AdvertisementBased in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through eight Sino-foreign joint ventures. For further information, please contact:AdvertisementJie LiChief Financial OfficerChina Automotive Systems, Inc.[email protected]AdvertisementKevin TheissAwaken Advisors+1-212-510-8922[email protected]Advertisement
Source:Manila Times
July 19, 2024 19:18 UTC
SHANGHAI, July 19, 2024 /PRNewswire/ -- Infinix, a trendy tech brand crafted for young consumers, introduces its revolutionary 720-degree (720°) SphereTech Near Field Communication (NFC) technology. Infinix 720° SphereTech NFC supports 3-sided Read&Tap cards (Front+Top+Back) AdvertisementLi CaoInfinix's Industry-Leading 720° SphereTech NFC technology is designed to tackle these limitations by offering a revolutionary improvement, eliminating the need for precise alignment. The 720° SphereTech NFC significantly improves the mobile experience in NFC applications, offering seamless, reliable, and secure interactions from multiple angles", said, Senior Manager, NFC Department of Infinix. Infinix 720° SphereTech NFC: One-Tap convenience for travel and accessAdvertisementThe Infinix's 720° SphereTech NFC technology offers transformative benefits with its comprehensive coverage, doubling the range of conventional NFC to ensure stability from any direction and significantly reducing transaction failures. Infinix 720° SphereTech NFC: One-Tap convenience and secured for payment and entryAdvertisementInfinix is set to revolutionize NFC technology by addressing its key limitations and unlocking its full potential.
Source:Manila Times
July 19, 2024 16:04 UTC
Metropolitan Manila Development Authority (MMDA) Acting Chairman Don Artes admits in a press conference at the MMDA office in Pasig on July 19, 2024 that the viral wheelchair ramp at the Philam busway station along EDSA was not ideal for persons with disabilities (PWDs) although the measurements are within the cleared height for the Metro Rail Transit-3. VIDEO BY JOHN ORVEN VERDOTEGet 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 19, 2024 10:43 UTC
Healthcare worker groups at a media conference on July 19, 2024 urge President Ferdinand Marcos Jr. to order the return of P89.9 billion in unused funds to PhilHealth. Among those present were Bu Castro, former president of the Philippine Medical Association; Maricar Limpin, former president of the Philippine College of Physicians; and Antonio Dans, president of Asia Pacific Center for Evidence-Based Healthcare. VIDEO BY VIA BIANCA RAMONESGet 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 19, 2024 09:13 UTC
ADVERTISEMENTHe also handed out P39 million in PAFFF assistance for Marinduque, which was received by Gov. Presbitero Velasco Jr.Palawan and Marinduque both belong to Mimaropa (Mindoro, Marinduque, Romblon, Palawan) region. The President was initially set to fly to Romblon first for the same activity but the schedule was cut short because of unfavorable weather conditions. ADVERTISEMENTAside from the presidential aid, the DSWD also distributed P10,000 to each of the more than 6,000 beneficiaries under the Ayuda para sa Kapos ang Kita Program. Subscribe to our daily newsletter SIGN ME UPMr. Marcos said the government will also train farmers to improve production.
Source:Philippine Daily Inquirer
July 19, 2024 09:07 UTC
The Petro Gazz Angels open their Premier Volleyball League (PVL) 2024 Reinforced Conference campaign with a win after sweeping the ZUS Coffee Thunderbelles, 25-16, 25-21, 25-21, at the PhilSports Arena in Pasig on July 18, 2024. Brooke Van Sickle said she was glad to be back and wanted to keep the same intensity when playing inside the court. THE PVL 2024 All-Filipino Conference MVP led the Angels with 22 points on 18 attacks, a block, and three aces, along with 11 excellent digs, and six excellent receptions. VIDEO BY NICOLE ANNE D.G. BUGAUISANGet 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 19, 2024 02:05 UTC
The Hong Kong administration earlier announced that it will send 35 athletes to compete in 13 events in the Games, including the "Tang-Tse pair," who will be among the six-strong badminton team. Both Tang and Tse said they are hoping to make up for their shortfall in the 2020 Tokyo Olympics, finishing fourth in mixed doubles. However, Group C with the "Tang-Tse pair" will go with three teams, giving the Hong Kong pair a greater chance to snatch one of the two places to qualify for the quarterfinals. Meanwhile, Wong Ka-lee will compete in the women's category under 48 kilograms, making her the third Hong Kong judo athlete to compete in the Olympics. "Athletes might not be in their best condition in every competition, but we have spent a lot of time and effort," Wong added.
Source:The Standard
July 18, 2024 22:54 UTC
After successfully fending off “hundreds of attempts to breach” its cybersecurity systems, the Philippine Navy is investigating one of its own members for allegedly taking part in hacking its network and downloading its database. READ: Hacker apologizes for PH Navy cybersecurity breachThe Navy was able to respond quickly before the hackers could advance far into the network. “We get hundreds of attempts to breach our systems but so far the NICTC (Naval Information and Communications Technology Center) has not reported any actual successful breaches in our systems,” he said. “From the mindset of a hacker, it’s more of the accomplishment that you were able to breach, not so much the data. They get their sense of fulfillment from being able to breach or break through your [system],” he said.
Source:Philippine Daily Inquirer
July 18, 2024 21:59 UTC