A LAWMAKER on Tuesday filed a bill that promotes using cheaper biosimilar drugs to provide affordable medical options to the poor. In a statement on Tuesday, Albay Rep. Jose Ma. Clemente S. Salceda said he filed House Bill 9261 or the proposed Biosimilars Act to expand consumer knowledge on affordable alternatives to similar branded drugs. He added that biosimilars are ...

By Angelica Y. Yang, Reporter PRIVATELY owned National Grid Corp. of the Philippines (NGCP) said on Tuesday that it had not fully entered into a “firm” contract to buy reserve power, leaving the Energy department hanging after its call days earlier for such ancillary services to be fully contracted ahead of the summer months. Even though the grid system operator ...

WASHINGTON — An agreement between the United States and three of its closest Indo-Pacific partners to produce up to a billion coronavirus vaccine doses in India by the end of 2022 to supply other Asian countries is “still on track,” senior US officials said on Monday, despite a surge of coronavirus disease 2019 (COVID-19) in India. “It’s moving forward expeditiously,” ...

ABOITIZ Power Corp. is looking to build around 3,900 megawatts (MW) of renewable energy (RE) in about a decade as it seeks to reach an equal sharing of renewables and thermal energy capacity in its portfolio. “I think that 50-50 ratio in 10 years is an aspirational target but we will get there with our aim to bring our renewable ...

EATING a favorite childhood dish, revisiting a pastime in the summer, cleaning out a closet, reliving travel experiences, and confronting socio-political issues are a few activities that have preoccupied eight women artists from Negros over the past year. These stories found their way into works which will go on exhibit in “Istorya Namon Subong (Our Stories Now)” at Salcedo Auctions’ ...

PHILWEB Corp. generated P7.15 million in net attributable income for the first quarter of the year, a reversal of the P1.53-million loss incurred in the same period in 2020 as gaming activities improved to "pre-quarantine levels." The 19 eGames (electronic games) sites converted back to the company's electronic gaming system and the acquisition of 16 more eBingo (electronic bingo) venues ...

Kanye's Yeezy sneakers -- SOTHEBYS.COM NEW YORK -- The Kanye West sneakers that sent athletic shoes strutting down fashion runways sold for $1.8 million, a new world record price for a pair of sneakers, Sotheby's announced on Monday. The American rapper's 2008 "Grammy Worn" Nike Air Yeezy samples were prototypes for a line developed by West and Mark Smith for ...

EMERGING ASIA'S central banks are expected to opt for supporting their economic recoveries rather than tackling volatile price swings this year. All eight emerging Asian economies, including India and Indonesia, are seen holding benchmark interest rates steady through 2021, according to the median forecasts from Bloomberg surveys of economists. Higher real interest rates will allow some of Asia's central banks ...

SMILE TRAIN, a nonprofit organization and charity providing corrective surgery for children with cleft lips and palates, developed a free cleft palate speech app in Filipino. The interactive app uses stories, games, and songs for them to improve their speech. The app lowers the burden on families with limited means to travel for therapy. Fun encourages children to practice more ...

1 of 2 DISCOVERY Hospitality Corp. (DHC) has signed a contract with Samal Shores, Inc. to manage the latter's resort project in Davao del Norte's Samal island that is set to open next year. "The opening of Discovery Samal is part of the commitment of DHC to widen our reach across strategic locations," DHC Chief Operating Officer and Discovery World ...