A few years ago, billionaire businessman Edgar “Injap” Sia II took his family to snowy Sapporo, the winter capital of Japan, for the New Year’s holiday. Well, the place must have made an impression on him because the co-founder of DoubleDragon Corp. chose the swanky winter resort of Niseko—which is near Sapporo—as the first international location for his Hotel 101 franchise. … [Read more...] about BIZ BUZZ: First foreign foray
5 billion years of solitude
Biden sending more weapons to Ukraine as NATO prepares for long fight
MADRID (Reuters) -President Joe Biden said on Thursday the United States will provide another $800 million in weapons and military aid to Ukraine, hailing the courage of Ukrainians since Russia invaded in February. Speaking after a NATO summit that saw the alliance also agree to take in Finland and Sweden, Biden said the United States and its NATO allies were united in … [Read more...] about Biden sending more weapons to Ukraine as NATO prepares for long fight
Century Pacific sales up as food inflation bites
The publicly listed maker of Century Tuna and Argentina corned beef canned goods said sales were picking up despite a series of price increases due to consumers switching to cheaper and more convenient alternatives as belts tighten during the current inflation surge. Century Pacific Food Inc., which also owns Swift processed meats and the iconic sardines brand, Ligo, was … [Read more...] about Century Pacific sales up as food inflation bites
Coco levy: Monumental sin against coco farmers
In the news recently was former president Duterte’s Executive Order No. 172 that will allow the government to tap the P75-billion coco levy fund to revive and modernize the coconut industry. The EO is also known as the Coconut Farmers and Industry Development Plan. Much has been written about the billions in coconut levy collected from coco farmers during the Marcos Sr. … [Read more...] about Coco levy: Monumental sin against coco farmers
Nearly 1 in 4 globally at risk from severe flooding—study
People wade through a flooded area following heavy monsoon rainfall in Companiganj on June 26, 2022. AFP PARIS — Almost a quarter of the world’s population are exposed to significant flood risks, according to new research published Tuesday, which warned those in poorer countries were more vulnerable. Inundations from heavy rainfall and storm surges affect millions of … [Read more...] about Nearly 1 in 4 globally at risk from severe flooding—study