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Drop and Go: Luzon’s no-frill cargo delivery system that promises next-day service

Inquirer Breaking News - Fri, 02/23/2024 - 12:03
Victory Liner addresses some of the Philippines' persistent small e-commerce business challenges by streamlining order fulfillment and shipping processes with their Drop & Go (D&G) service. The United States Department of Agriculture (USDA) projects significant growth in the Philippines' e-commerce market, with sales expected to reach $24 billion by 2025. However, the challenges of e-commerce, such as overwhelming order volumes and the need for efficient customer experience, persist. Order fulfillment can become burdensome, especially for those receiving more orders than they can manage. Many businesses are turning to third-party companies to handle order fulfillmen...

Keep on reading: Drop and Go: Luzon’s no-frill cargo delivery system that promises next-day service
Categories: Breaking News

Marikina’s Facebook page hacked, says mayor

Inquirer Breaking News - Fri, 02/23/2024 - 11:43
MANILA, Philippines --- The official Facebook page of the Marikina City Government has been hacked, Mayor Marcelino Teodoro announced Friday. According to the local chief executive, city hall employees, particularly those from the Public Information Office (PIO), have been unable to access the Marikina PIO Facebook page since Wednesday. The local government uses the social media page to disseminate information, including notices on possible flooding during monsoon season. "The 'Marikina PIO' Facebook page has been hacked by unscrupulous individuals, rendering it inaccessible to our PIO personnel," Teodoro said in a statement. "Our official Facebook page became inaccessible t...

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Don’t buy stocks after eavesdropping on your spouse’s business calls

Inquirer Breaking News - Fri, 02/23/2024 - 11:34
HOUSTON, Texas --- A word to the wise: If you overhear your work-from-home spouse talking business, just forget anything you may learn from it. And most definitely do not trade stocks using what authorities will almost certainly view as inside information. Tyler Loudon, a 42-year-old Houston man, learned this lesson the hard way. He pleaded guilty Thursday to securities fraud for buying and selling stocks based on details gleaned from his wife's business conversations while both were working from home. He made $1.7 million in profits from the deal, but has agreed to forfeit those gains. Things might have turned out differently had Loudon or his wife decided to work from, well, ...

Keep on reading: Don’t buy stocks after eavesdropping on your spouse’s business calls
Categories: Breaking News

Elderly woman dies in Batangas City fire

Inquirer Breaking News - Fri, 02/23/2024 - 11:32
LUCENA CITY, Quezon, Philippines --- A 73-year-old woman died on Thursday when a fire razed her house in Batangas City. In a report on Friday, Feb. 22, the Calabarzon Police Regional Office (PRO 4A) said the blaze erupted at 5:55 a.m. in Barangay Calicanto and was declared under control 53 minutes later. The report said firemen discovered the body of Ludivina Espirito on the second floor of her burned house, which was made of concrete and light materials. Investigators said the victim's body would be subjected to an autopsy to determine the cause of her death. READ: Elderly man dies in backyard fire in Batangas There was no information on the whereabouts of the victim...

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Oil falls after US Fed governor says no rush to cut interest rates

Inquirer Breaking News - Fri, 02/23/2024 - 11:03
SINGAPORE - Oil prices fell on Friday after a U.S. Fed official said interest rate cuts should be delayed at least two more months. Brent crude futures were down 25 cents, or 0.3 percent, at $83.42 a barrel at 0212 GMT, while U.S. West Texas Intermediate crude futures were 25 cents, or 0.3 percent, lower at $78.36. U.S. Federal Reserve policymakers should delay interest rate cuts by at least another couple of months to see if a recent uptick in inflation signals stalling progress toward price stability or is just a bump in the road, Fed Governor Christopher Waller said on Thursday. READ: Fed's Waller sees 'no rush' to cut interest rates Higher interest rates for longer sl...

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Miss World: Gwendolyne Fourniol earns spot in Head2Head, sports challenges

Inquirer Breaking News - Fri, 02/23/2024 - 10:58
                                              Gwendolyne Fourniol was ecstatic as she claimed a spot both in the Top 25 finalists of the 71st Miss World Head2Head challenge, and in the Top 32 finalists of the sports challenge. "Philippines! We made it to [the] Top 25 of head to head challenge, and qualified for the sports challenge final! (Top 8 per continent)," she announced via her Instagram Stories on Friday, Feb. 23. "Mahal na mahal ko kayo, Pilipinas! Kasama ko kayo sa laban na ito!" Fourniol...

Keep on reading: Miss World: Gwendolyne Fourniol earns spot in Head2Head, sports challenges
Categories: Breaking News

Quiboloy’s camp receives Senate subpoena

Inquirer Breaking News - Fri, 02/23/2024 - 10:58
MANILA, Philippines --- The camp of Kingdom of Jesus Christ (KJC) sect leader and alleged sex offender Apollo Quiboloy already accepted the Senate subpoena on Thursday. The office of Senator Risa Hontiveros reported on this matter on Friday, noting that it was KJClegal counsel Marie Dinah Tolentino Fuentes who received the subpoena for the embattled televangelist. READ: Apollo Quiboloy on FBI's 'most wanted' list Quiboloy was ordered to appear on Tuesday next week, March 5, before Hontiveros' Senate committee on women, children, family relations, and gender equality, which has been conducting a probe into his and his KJC's alleged crimes. Hontiveros earlier said that ifQu...

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Mariel Padilla receives backlash for doing ‘IV drip’ in Senate office

Inquirer Breaking News - Fri, 02/23/2024 - 10:32
Actress Mariel Padilla drew flak after conducting a gluta drip session at the Senate office of her husband, Sen. Robin Padilla. In a now-deleted Instagram post on Thursday, Feb. 22, the actress-host shared a picture of her sitting in the Senate office with her husband in the background as she received her dose of intravenous therapy (IV) drip. "Drip anywhere is our motto! Hehehe I had an appointment with @dripinluxeph but I was going to be late so I had it done in my husband's office. Hehe I never miss a drip because it really helps in so many ways. A collagen production, whitening, energy, metabolism, immunity and 50000 much more! So convenient and really effective, magaling t...

Keep on reading: Mariel Padilla receives backlash for doing ‘IV drip’ in Senate office
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PMA stand on medical marijuana bill ‘inaccurate’, ‘unscientific’ – group

Inquirer Breaking News - Fri, 02/23/2024 - 10:30
MANILA, Philippines --- "Inaccurate" and "unscientific" were how advocates criticized the Philippine Medical Association's (PMA) stand opposing the proposed law legalizing the medical use of cannabis. Chuck Manansala, president of the Haraya Policy Center, disagreed with the PMA, which had said that the harmful effects of marijuana outweigh its supposed benefits. "Its sweeping generalizations stand on inaccurate information and unscientific assumptions," Manansala said in a statement. On Feb. 7, the joint House committees on dangerous drugs and health approved an unnumbered substitute measure, which is a consolidation of 10 House bills that aims to make use of marijuana for ...

Keep on reading: PMA stand on medical marijuana bill ‘inaccurate’, ‘unscientific’ – group
Categories: Breaking News

Yen sinks as currency traders keep short and carry on

Inquirer Breaking News - Fri, 02/23/2024 - 10:28
SINGAPORE ---The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth weekly drop on the dollar as investors chased better yields just about everywhere but Japan, wagering rates there would stay near zero for some time. The yen is the worst-performing G10 currency this year, with a 6.4-percent slide on the dollar. The greenback is the best performing. For the week the yen is down 0.6 percent on the euro, touching its weakest for three months overnight at 163.45 per euro. It dropped by the same margin on sterling to hit its lowest since late 2015 at 190.83 and made nine-year nadir on the Australian and New Zealand dollars. Yen mov...

Keep on reading: Yen sinks as currency traders keep short and carry on
Categories: Breaking News

Dollar dips, data stays in focus for Fed clues

Inquirer Breaking News - Fri, 02/23/2024 - 10:17
NEW YORK ---The dollar index dipped on Thursday but came off of a three-week low as investors waited on new data catalysts for clues on when the U.S. Federal Reserve is likely to begin cutting interest rates. The greenback has bounced this year as strong growth and sticky inflation lead traders to push back expectations on when the U.S. central bank will begin easing. But after hitting a three-month high last week, the U.S. currency has been largely consolidating. The dollar is likely to benefit from divergences with other countries as the U.S. economy looks relatively stronger, said Noel Dixon, senior macro strategist at State Street Global Markets in Boston. However, after the...

Keep on reading: Dollar dips, data stays in focus for Fed clues
Categories: Breaking News

Argentina president wants central bank penalized for financing treasury

Inquirer Breaking News - Fri, 02/23/2024 - 10:06
BUENOS AIRES - Argentine President Javier Milei said on Thursday he will propose a bill to penalize the central bank from financing the nation's treasury. Milei, speaking in an interview with local news broadcaster TN, said he would look to stop the monetary authority from printing more bills in a bid to rein in inflation, which currently tops 200 percent annually. The libertarian president, who took office in December with a promise of controlling the economy in a country facing spiraling poverty, said the International Monetary Fund (IMF) supports his policies. IMF support "The fund is very satisfied with what we're doing," Milei said following a meeting earlier in the day ...

Keep on reading: Argentina president wants central bank penalized for financing treasury
Categories: Breaking News

Gov’t forces, NPA clash in Bohol town: 1 cop hurt – military

Inquirer Breaking News - Fri, 02/23/2024 - 10:05
MANILA, Philippines --- A policeman was injured during a gun battle between government troops and suspected New People's Army fighters in Bohol province's Bilar town on Friday, the military said. Army spokesperson Col. Louie Dema-ala told INQUIRER.net in a Viber message that the encounter in Sitio Matin-ao 2, Barangay Campagao, started at 6:45 a.m. and was still ongoing as of this writing. This is a developing story. Refresh for updates.    ...

Keep on reading: Gov’t forces, NPA clash in Bohol town: 1 cop hurt – military
Categories: Breaking News

MLB players miffed at new see-through pants, relaying concerns to league

Inquirer Breaking News - Fri, 02/23/2024 - 10:03
PEORIA, Arizona--- MLB's new uniform reveal hasn't gone very well. Now some of the rampant criticism has moved below the belt. Major League Baseball Players Association deputy executive director Bruce Meyer confirmed on Thursday that the organization is relaying concerns from players to MLB about the new pants, which are somewhat see-through. The complaints --- first reported by ESPN --- are part of broader scorn for the new uniforms, which are designed by Nike and manufactured by Fanatics. "I know everyone hates them," Phillies shortstop Trea Turner said last week. "We all liked what we had. We understand business, but I think everyone wanted to keep it the same way, for the m...

Keep on reading: MLB players miffed at new see-through pants, relaying concerns to league
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Dani Alves: Record-setting footballer convicted of rape

Inquirer Breaking News - Fri, 02/23/2024 - 09:58
Dani Alves once said he would "play until I'm 50" if someone threatened his record of trophies won, but his career was brought to a halt in January 2023, when UNAM of Mexico released him after the Brazilian was charged with rape. He was found guilty of raping a young woman at a Barcelona nightclub in December 2022 and was sentenced to four and a half years in prison by a Spanish court on Thursday. Between his debut for Esporte Clube Bahia in Brazil aged 18 in 2001 and his last game for the Pumas in January 2023 aged 39, Alves played almost 1,000 competitive games for club and country, accumulating trophies. READ: Dani Alves found guilty of rape, sentenced to prison "I have th...

Keep on reading: Dani Alves: Record-setting footballer convicted of rape
Categories: Breaking News

Over 200,000 student and parent data exposed in PH education platform

Inquirer Breaking News - Fri, 02/23/2024 - 09:47
Cybersecurity researcher Jeremiah Fowler says a total of 210,020 student and parent data amounting to 153.76 GB were left unprotected in the Online Voucher Application (OVAP), which was developed by the Philippines' Department of Education as a means for eligible students to seek financial assistance. Free stock photo from Pexels MANILA, Philippines --- A total of 210,020 student and parent records amounting to 153.76 GB were left unprotected in the Online Voucher Application (OVAP).  Cybersecurity researcher Jeremiah Fowler said the platform had no password protection, letting anyone with an internet connection access them. Fowler said the database contained Personal Iden...

Keep on reading: Over 200,000 student and parent data exposed in PH education platform
Categories: Breaking News

Red Sea ship attacks not driving inflation, Moody’s says

Inquirer Breaking News - Fri, 02/23/2024 - 09:24
Attacks on merchant vessels in the Red Sea have delayed cargo and sent shipping costs higher, but soft demand and ample ship availability are muting the impact on inflation, analysts from Moody's Investor Service said on Thursday. Ships carrying everything from furniture and apparel to food and fuel are being diverted away from the nearby Suez Canal trade shortcut to the longer and more expensive route around Africa. Rerouting takes vessels and crew out of danger from drone and missile strikes by Iran-aligned Houthis supporting Palestinians as the Israel-Hamas war rages. Container ships are the No. 1 user of the Europe-Asia Suez Canal route. Most are avoiding the Red Sea in ...

Keep on reading: Red Sea ship attacks not driving inflation, Moody’s says
Categories: Breaking News

Fed’s Waller sees ‘no rush’ to cut interest rates

Inquirer Breaking News - Fri, 02/23/2024 - 09:13
U.S. Federal Reserve policymakers should delay interest rate cuts by at least another couple more months to see if a recent uptick in inflation signals stalling progress toward price stability or is just a bump in the road, Fed Governor Christopher Waller said on Thursday. Core consumer prices rose 0.4 percent in January from a month earlier, well above the pace consistent with the Fed's 2 percent annual inflation goal. That, along with a 3.3-percent annualized increase in fourth-quarter GDP and the more than 350,000 jobs added to the U.S. economy in January, "has reinforced my view that we need to verify that the progress on inflation we saw in the last half of 2023 will conti...

Keep on reading: Fed’s Waller sees ‘no rush’ to cut interest rates
Categories: Breaking News

FAO targets 35% growth in aquaculture production by 2030

Inquirer Breaking News - Fri, 02/23/2024 - 09:03
COLOMBO, Sri Lanka --- The U.N. Food and Agriculture Organization on Thursday set a target to further increase aquaculture production to meet a rising demand for seafood and to fight global hunger and undernourishment. The FAO hopes to see 35 percent growth in the sector by 2030, according to a report adopted at the end of a three-day Asia and Pacific regional conference in Sri Lanka's capital, Colombo. Officials said the world's aquaculture production has increased by 54 percent since 2011 and remains one of the fastest growing agricultural producing sectors. READ: We must not take water for granted The new target is part of the FAO's "Blue Transformation" road map, whic...

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Categories: Breaking News

Easterlies to bring warm weather, rain in parts of PH – Pagasa

Inquirer Breaking News - Fri, 02/23/2024 - 08:50
MANILA, Philippines --- The easterlies would bring warm temperatures and cause rain over certain areas but the weather will be generally fair for most of the country this Friday, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa). State weather agency specialist Benison Estareja said during an early morning report that cloudy skies with scattered rain showers and thunderstorms may be expected in Northern Mindanao, Caraga Region, and Davao Region due to the easterlies or warm winds from the Pacific Ocean. The same weather system is also anticipated to bring partly cloudy to cloudy skies with isolated rain showers or thunderstor...

Keep on reading: Easterlies to bring warm weather, rain in parts of PH – Pagasa
Categories: Breaking News

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