Flags of South Korea | INQ STOCK PHOTO A unit of a South Korean company will produce tapioca starch in the Philippines via a P750-million project that is also expected to hire nearly 500 Filipino workers. In a statement, the Board of Investments (BOI) said it approved the application of Daesang Philippines Corp., which would use the same modern manufacturing technology used in its starch plants in South Korea. The project, which will be receiving tax breaks, is expected to start commercial operations in January next year. It will have a production capacity of 33,000 tons of tapioca starch and 4,446 tons of tapioca residue annually. It will be located in Misamis Oriental in Northern Mindanao, the second-largest cassava producing region in the country having accounted for 27.05 percent of total production in 2020, according to the BOI. “We are making strides in modernizing our country’s agriculture sector,” said BOI chair and Trade Secretary Ramon Lopez. “This is a … [Read more...] about South Korea firm to build P750-m tapioca starch plant in PH
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Kim Kardashian Expands The Crotch Area Of Her Shapewear To Accommodate Khloe Kardashian
Kim Kardashian widened her SKIMS shapewear line to include expanded crotch space at the request of Khloe Kardashian, who admitted to needing it. Kim adjusted the crotch space on numerous bodysuits in her SKIMS line by enlarging the area after Khloe asked for more room down there. The request has resulted in the complete restyling of the brand, according to Kim Kardashian’s Instagram Story posted Thursday. “@khloekardashian it’s your lucky day,” Kim wrote on her social media page. “I’m in a @skims design meeting and we’re going to wide the shapewear bodysuit vagina area just for you,” Kim said, according to the New York Post. “We’re going to widen the shapewear bodysuit Vagina area just for YOU,” says Kim — after Khloe shared THIS on their show (via @toofab ) https://t.co/p6dUZGMhq2 — TMZ (@TMZ) June 24, 2022 Kim took her sister’s conversational request seriously and gathered her team to ensure the crotch area expansion was executed throughout the brand’s various … [Read more...] about Kim Kardashian Expands The Crotch Area Of Her Shapewear To Accommodate Khloe Kardashian
‘Save Countless Innocent Lives’: Republicans Cheer End Of Roe V. Wade
Republicans in Congress praised the Supreme Court’s ruling in Dobbs v. Jackson Women’s Health Organization on Friday, which overturned Roe v. Wade’s holding that Americans have a constitutional right to an abortion. Associate Justice Samuel Alito wrote for a six-justice majority that “Roe was egregiously wrong from the start.” Associate Justices Amy Coney Barrett and Neil Gorsuch joined Alito’s majority opinion, while Associate Justices Clarence Thomas and Brett Kavanaugh and Chief Justice John Roberts issued concurring opinions. Alito’s final opinion was similar to a leaked draft opinion showing that the justices would overrule Roe. Republicans praised the ruling while denouncing a pressure campaign against the justices stemming from the leaked draft opinion. (RELATED: REPORT: Justice Roberts ‘Likely’ To Order FBI Investigation Into SCOTUS Leak) “ Every unborn child is precious, extraordinary, and worthy of protection. I applaud this historic ruling, which will … [Read more...] about ‘Save Countless Innocent Lives’: Republicans Cheer End Of Roe V. Wade
[WHY] Koreans’ love-hate relationship with Samsung
The Taegeukgi, or Korean national flag, and the Samsung Electronics flag fly outside the company’s office in Seocho District, southern Seoul. [JOINT PRESS CORPS] Comments on a recent YouTube video featuring Samsung Electronics Vice Chairman Lee Jae-yong conjure up thoughts of comment sections under popular K-pop music videos. With over 10,000 comments, many flocked to praise Lee for welcoming U.S. President Joe Biden during his visit to Korea in fluent English, calling the 54-year-old businessman the “pride of Korea” and “a true patriot.” But in another alley, called the civic group community, Lee, son of late Samsung Electronics Chairman Lee Kun-hee, is labelled an aggressor, disrupting the country’s order and legal system due to his history of violating the law. Samsung Electronics Vice Chairman Lee Jae-yong shakes hands with U.S. President Joe Biden on May 20 at the company's chip plant in Pyeongtaek, Gyeonggi. [YONHAP] The contrasting views over just one person … [Read more...] about [WHY] Koreans’ love-hate relationship with Samsung
Philippine peso on track for worst week in nine years; Asian stocks gain
- A + A BENGALURU (June 24): The Philippine peso fell for the eighth straight session on Friday (June 24) as markets feared a modest rate hike by the country's central bank may not be enough to curb surging inflation, while other Asian currencies rose against a weaker US dollar. The Bangko Sentral ng Pilipinas (BSP) stuck to a 25-basis-point increase in its benchmark rate on Thursday for a second month in a row, fearing that more aggressive tightening could compromise growth. "Concerns over the gradual pace of BSP hikes, weaker budget balance, as well as policy uncertainty under the new president could be adding to PHP drags in the interim," Maybank analysts said in a note. The peso was on track for its worst week since June 2013. It was down 2% during the week, and hovered at a more than 16-and-a-half-year intraday low notched earlier in the week. The Thai baht was 0.1% weaker intraday, touching a more than five-year low, likely pressured by portfolio outflows, … [Read more...] about Philippine peso on track for worst week in nine years; Asian stocks gain
OSK Property’s MIRA at Shorea Park 85% taken up
This article first appeared in City & Country, The Edge Malaysia Weekly, on June 13, 2022 - June 19, 2022. Due to be completed in August 2025, MIRA at Shorea Park has a GDV of RM363 million (Photo by OSK Property) - A + A OSK Property’s MIRA at Shorea Park has achieved a take-up rate of 85% since its launch on Sept 25 last year. Sitting on a 4.98-acre freehold parcel and part of the larger 27.7-acre Shorea Park development in Puchong, the serviced apartment project comprises two 31-storey towers with a total of 908 units. Due to be completed in August 2025, MIRA at Shorea Park has a gross development value (GDV) of RM363 million. OSK Property CEO Ong Ghee Bin says in an email, “We have garnered very positive response and feedback from the market with our first presence in Puchong. This also shows that with the right pricing, amenities and strategic location, we have succeeded in catering for the essential needs of our customers in their home … [Read more...] about OSK Property’s MIRA at Shorea Park 85% taken up
UK PM Boris Johnson under pressure after losing two parliamentary seats
FILE PHOTO: British Prime Minister Boris Johnson gives a speech at the Business Forum during the Commonwealth Heads of Government Meeting (CHOGM) in Kigali, Rwanda June 23, 2022. Dan Kitwood/Pool via REUTERS LONDON— Boris Johnson’s Conservatives lost two parliamentary seats on Friday, a crushing blow to the governing party that prompted the resignation of the party’s chairman and intensified doubts about the future of Britain’s prime minister. In Rwanda for a meeting of Commonwealth nations, Johnson was defiant, pledging to listen to voters’ concerns and do more to tackle a cost-of-living crisis after what he described as “tough” results in the two so-called by-elections. The losses – one in the Conservatives’ traditional southern heartlands and in a northern England seat won from Labor in the last election – suggest the electoral coalition Johnson brought together at the 2019 national election may be fracturing. The transformation of Johnson from vote winner to electoral … [Read more...] about UK PM Boris Johnson under pressure after losing two parliamentary seats
Cagayan de Oro archbishop warns vs defrocked priest
Archbishop Jose Cabantan of Cagayan de Oro. PHOTO BY BRENDA P. MILAN / CBCPNews MANILA, Philippines — Cagayan de Oro Archbishop Jose Cabantan on Wednesday warned the faithful against a former Roman Catholic priest who had been suspended after signifying his intention to marry, a violation of the Vatican’s Canon Law. In a memorandum, Cabantan urged the faithful to refrain from inviting Fr. Melvin Clapano in celebrating masses in homes, and officiating house and office blessings within the archdiocese’s jurisdiction. Clapano, according to the archbishop, was still celebrating mass despite that he has already been defrocked for “attempting to contract a civil marriage.” It was not immediately known if Clapano’s civil marriage had indeed come through. “Catholics should not knowingly join masses celebrated by Fr. Melvin Clapano or receive sacrements from him or invite him to officiate blessings,” Cabantan said. A copy of the memorandum issued by Cagayan de Oro Archbishop Jose … [Read more...] about Cagayan de Oro archbishop warns vs defrocked priest
Japan to assist MMDA craft 5-year traffic management action plan
A huge volume of vehicle traffic forms at Edsa-Guadalupe. ARNOLD ALMACEN To ease road congestion in the National Capital Region, the Japan International Cooperation Agency (JICA) will assist the Metropolitan Manila Development Authority (MMDA) in crafting a five-year traffic management action plan. In a statement Wednesday , Japan’s aid agency said it signed this week with the MMDA the records of discussion for the comprehensive traffic management plan for Metro Manila project. This technical cooperation project, which will start next year and end in 2022, was aimed at mitigating road traffic congestion along Metro Manila’s major corridors, Jica said. Specifically, Jica will dispatch Japanese experts to assist the MMDA on intelligent transport systems, road traffic management, as well as traffic policy. Also, the road sectors of all 17 local government units in Metro Manila will be included in the Jica-MMDA partnership. “Aside from investments in infrastructure building, … [Read more...] about Japan to assist MMDA craft 5-year traffic management action plan
How This Founder Is Bringing Automation to Sales Teams
Welcome to Inc.'s Founders Project podcast with Alexa Von Tobel, where we bring you tales of guts, inspiration , and drive that define the entrepreneurs building the future. Each week, we dig into a founder's professional playbook and uncover what makes them tick. On this week's episode: How A.I. Can Drive Customer Insights with Amit Bendov of Gong In 2015, Amit Bendov was not looking to start a company. But he was looking for a way for his sales team to more automatically capture CRM data. So he and his co-founder ended up launching Gong to help sales teams have better conversations with customers and win more deals. Gong quickly found product-market fit, which only accelerated when Covid pushed most sales calls to a digital format. Gong has since grown to over 2,000 customers with a valuation north of $7 billion. Bendov shares why he charged early customers a high price to stay in beta, why he believes autonomous applications are the way of the future, and why you … [Read more...] about How This Founder Is Bringing Automation to Sales Teams