Sell-off marks PSE debut of ‘relatively overvalued’ stock By Keren Concepcion G. Valmonte, Reporter SHARES in Medilines Distributors, Inc. plunged on its debut at the Philippine Stock Exchange (PSE) on Tuesday, closing 30% lower than its initial public offering (IPO) price. Medilines shares closed at P1.61 apiece, shaving off 69 centavos from its P2.30 IPO price. MEDIC, the company’s ticker ...

PRELIMINARY DATA shows that the Omicron variant of coronavirus disease 2019 (COVID-19) is a relatively lower threat compared to the previous Delta variant, given the Philippines’ increasing vaccination rates and strict protocols, according to experts from the OCTA Research Group at a Cardinal Santos Medical Center forum on Friday. “The worst-case [scenario] is a light surge,” said Dr. Fredegusto Guido ...

PROCEEDS will be used to refinance the company’s short-term loans, among others. — SANMIGUEL.COM.PH SAN Miguel Corp. (SMC) is looking to offer P30-billion fixed-rate bonds, comprising a base offer of P25 billion with an oversubscription option of up to P5 billion. “The Board of Directors approved and delegated to Management the determination of the terms and conditions of the issuance ...

TO END the acquired immunodeficiency syndrome (AIDS) epidemic affecting over 85,000 Filipinos, agencies and groups from various sectors renewed their commitment to deliver prevention and treatment services to persons living with human immunodeficiency virus (PLHIV). “Keeping people on HIV treatment, we had to contend with the challenges around mobility, especially during our lockdowns,” said Teresita Marie P. Bagasao, country director ...

AFTER nearly two years of staring at people on screens during the prolonged isolation forced by the coronavirus disease 2019 (COVID-19) pandemic, the Metro Manila-based photographers’ collective FotomotoPH saw that portraits were a fitting theme for this year’s exhibition. “We thought that it would be refreshing for people coming out of the lockdown to start seeing faces,” Jason Quibilan, one ...

NATIONAL vaccination campaign among the drivers of budget carrier’s optimism. — CEBUPACIFICAIR.COM BUDGET carrier Cebu Pacific announced on Tuesday that it remains “cautiously optimistic” about the prospects for 2022 despite the threat of the Omicron coronavirus variant, saying it expects to operate 84% of its pre-pandemic domestic capacity. The airline, which currently operates above 60% of its pre-pandemic domestic network ...

1 of 11 Ferdinand Cacnio, Dance of Hope - The Beat Goes On Romulo Galicano, “Humility Kills Pride” (The Triumph in Mactan) PETE VELASQUEZ Last Supper PETE VELASQUEZ Three Maidens acrylic ‘Unsinkable Harvest’ exhibit ‘DOBOL TROBOL’ Pow Martinez and Jigger Cruz ‘I’m Coming Home’ by Ricky Ambagan — SALCEDOAUCTIONS.COM A section of Kasa & Kin’s mural by Kulay Labitigan Manila’Bang ...

LORELIE Q. Osial has taken over the top position at listed oil company Pilipinas Shell Petroleum Corp. as well as the post of executive director and chairperson of the nomination committee. In a disclosure filed with the stock exchange on Tuesday, the company said her designation as chief executive officer, president and executive director became effective on Dec. 1. Ms. ...

SOUTHEAST Asian Games (SEAG) gold medalists, headed by marathon queen Christine Hallasgo, will spearhead the cast in the Ayala National Athletics Championships set Dec. 16 and 17 at the Baguio Athletic Bowl. Philippine Athletics Track and Field Association (PATAFA) President Philip Ella Juico said the two-day meet would serve as a performance competition for Ms. Hallasgo and the other national ...

By the year 2050, it is estimated that 10 million people could die annually as a result of antimicrobial resistance (AMR). AMR occurs when bacteria, viruses, fungi, and parasites no longer respond to medicines, making common infections harder to treat, and increasing the risk of disease spread, severe illness and death. Antimicrobials include antibiotics, antivirals, antifungals, and antiparasitics. “If left ...