BSP: “The public should exercise caution, conduct their own due diligence, and always be mindful of the risks prior to engaging with VA-related activities.” BSP — The Bangko Sentral ng Pilipinas recently warned the public against unregistered and foreign virtual assets. The central bank has issued a strong public warning against unregistered and foreign VASPs … Read more
Pepsi, RC, and Coca-Cola: “We are working closely with other stakeholders of the industry and the government to address the situation” PEPSI, RC, AND COCA-COLA — The softdrink makers confirmed that the softdrinks industry is facing a shortage of premium refined sugar. Pepsi-Cola Products Philippines Inc., ARC Refreshments Corp., and Coca-Cola Beverages Philippines Inc. released … Read more
Jaime Augusto Zobel de Ayala: “I want to assure everyone that Fernando is in high spirits, but he has asked for some time to focus on his health and recovery.” JAIME AUGUSTO ZOBEL DE AYALA — The businessman confirmed that his brother, Ayala CEO Fernando Zobel de Ayala, will be going on a “temporary medical … Read more
BSP: “Given the supply schedule (of the P1,000) the P500 polymer will not be available before end of June.” BSP — After assessing the public’s acceptance of the first 1000-piso polymer banknote, the Bangko Sentral ng Pilipinas may circulate 500-piso polymer banknotes in 2023. However, BSP Governor Felipe M. Medalla said that the 500-piso polymer … Read more
BSP said that the regular application window for new VASP licenses will be closed for 3 years. BSP — The Bangko Sentral ng Pilipinas said that the regular application window for new VASP (virtual asset service provider) licenses will be closed for 3 years starting September 1, 2022. In Memorandum Order M-2022-035 signed by BSP … Read more
A Shopee affiliate has entered the life insurance business SHOPEE — The Insurance Commission announced that an affiliate of the e-commerce platform has secured its license to sell life insurance products in the Philippines. Insurance Commissioner Dennis B. Funa said in a statement last August 10 that SeaInsure Life Insurance Co., Inc. (SeaLife) was granted … Read more
Official statement of Lucky Me on Ethylene Oxide warning LUCKY ME! – The Philippine-based instant noodle brand released an official statement due to a warning that some of its products contain Ethylene Oxide. Earlier, several countries in the European Union issued health safety warnings, not to consume popular Filipino instant noodles brand “Lucky Me” “due … Read more
From selling vegetables to turmeric, Miguelina Villasor is now a successful businesswoman MIGUELINA VILLASOR – A former vegetable vendor is now a successful businesswoman earning P50k per week thanks to turmeric. Her two kids have finished their studies because of her business while three are now in college. Miguelina is a resident of Barangay La … Read more
Details about the Spy x Family graphic tees SPY X FAMILY – The shirt collection inspired by the hit manga/anime will soon be available in the country thru Uniqlo Philippines. Uniqlo Philippines announced via its official Facebook page that graphic tees inspired by the hit series will be available in the country starting in late … Read more
Double-degree holder and basketball player Mark Ligan shares his story as a farmer MARK LIGAN – The 26-year-old from Murcia, Negros Occidental who’s a double-degree holder and basketball player chose to become a farmer. Mark finished two courses- Interdisciplinary Studies at ng Marketing Management- from the University of Saint La Salle-Bacolod in 2018. However, instead … Read more