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Cecil Morella (Agence France-Presse) (The Jakarta Post) PREMIUM Manila   ● Tue, June 28 2022 Ferdinand Marcos Jr, whose dictator father and namesake plundered and brutalized the Philippines, has reached the end of a decades-long campaign to rehabilitate the family brand: the presidency. Marcos Jr, known by his nickname "Bongbong", will succeed Rodrigo Duterte in the top job on Thursday after his landslide victory in last month's elections. His win followed relentless whitewashing of the family's past and leveraging of alliances with rival families that control large swathes of the country. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles for free Already subscribed? login … [Read more...] about From pariah to president: Marcos Jr takes over Philippines’ top job

Share to Twitter Share to Linkedin Your brain is always on the hunt for something interesting. That’s a good thing in most cases. When you go to the grocery store, you can tell the hunt is underway. You’re looking for good sales or trying to decide between Thai food or chicken curry. At a bookstore, you might glance at a few covers and in a flash see a striking title or a colorful design. Next thing you know you are carrying a pile of books home. This constant search uses a part of our brain called the temporal lobe. As the name suggests, this region is what allows us to “catch and release” anything that controls attention on a temporary basis. We love this kind of temporal activity because most of us get bored easily; we’re happy when there is a constant stimulus of attention. The allure of material “things” means our brains can switch focus and keep looking for something worthy of our attention. I mention shopping because, when we go to a store, … [Read more...] about How Social Media Tricks Us Into Thinking We Are Paying Attention

- A + A KUALA LUMPUR (June 27): Costlier crude oil along with a stronger US dollar will erode Spritzer's Bhd profit margin, the bottled water producer admitted. "Costlier oil will translate into costlier PET resin, which is the main raw material used in making the [plastic] bottles. "PET resin is normally quoted in US dollar so a stronger US dollar would mean we will have to pay more for our PET resin," a company representative said in a brief email reply to theedgemarkets.com recently, when asked about the impact of surging oil prices on its manufacturing costs. According to the US-based PET Resin Association, PET — which is short for polyethylene terephthalate, the chemical name for polyester — is a clear, strong, and lightweight plastic made from crude oil and ethane extracted from natural gas that is widely used for packaging food and beverages, especially convenience-sized soft drinks, juices and water. Following Russia's incursion into Ukraine, oil prices … [Read more...] about Spritzer admits costlier crude oil, stronger US dollar will erode its profit margin

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A THE momentum to adopt environmental, social and governance (ESG) criteria and sustainability practices in the capital market has picked up significantly in the past few years. By the third quarter of 2021, assets in global sustainable funds hit a record high, according to investment research firm Morningstar. At the same time, more than 70 countries — including the biggest polluters — have set a net-zero target and over 1,200 companies have put in place science-based targets to reach net-zero emissions, according to the United Nations. In Malaysia, at least 44 out of the 54 Sustainable and Responsible Investment (SRI) funds approved by Securities Commission Malaysia were launched in the last two years. As at December 2021, 94% of the top 50 listed companies in Malaysia had ESG strategies and 68% had emissions reduction policies, according to PwC’s research. … [Read more...] about HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards

Datuk Seri Ahmad Zahid Hamidi seen at the High Court on Monday, June 27, 2022 for his money-laundering trial. (Photo by Shahrin Yahya/The Edge) - A + A KUALA LUMPUR (June 27): UMNO president Datuk Seri Ahmad Zahid Hamidi denied instructing law firm Messrs Lewis & Co, the trustee for funds belonging to Yayasan Akalbudi, to transfer more than RM59 million into a fixed deposit (FD) account. Zahid also told the High Court that the firm’s partner, B Muralidharan, told him that the fixed deposit account needed to be opened “by law” to manage the funds. However, the subsequent fund transfers happened without his knowledge, he said. “I categorically deny that I gave instructions to Messrs Lewis & Co or any lawyer or staff, including V Sothilechmy, to deposit the funds in the fixed deposit account,” Zahid said when reading his witness statement. Sothilechmy, the accountant for Lewis & Co, is the 85th prosecution witness in Zahid’s money-laundering trial, … [Read more...] about Zahid denies instructing trustee law firm to transfer RM59 mil of charity funds into FD

What makes A24 a cultural powerhouse is not that it released a film last spring in which an inter-dimensional assassin impales himself on an Auditor of the Month trophy, inexplicably shaped like a certain sex toy, although it most certainly did. It’s not that most cinephiles would immediately guess A24 as the company who put out that film, Everything Everywhere All at Once , even if its logo didn’t appear before the credits, although they probably would. No, what makes A24 a steady, sturdy phenomenon is that it started selling $60 designer candle replicas of that unlikely trophy just after the movie’s early-June digital release. advertisement advertisement Whether enough fans purchase the item—a collaboration with Brooklyn-based design studio, Joya —to justify its overhead cost is incidental. Everything Everywhere is now A24’s biggest hit ever , its $89 million box-office haul rendering the digital release a victory lap. The very existence … [Read more...] about I spent six weeks living in A24-world. Here’s what happened

Why pay $250 for a Nest Wi-Fi-connected thermostat when you can build your own? It sounds complicated–the kind of thing that might require at least a little bit of engineering experience–but it’s not. With the littleBits Cloud Module, a building block for Internet-connected gadgets announced at this week’s TED conference, that Nest-like thermostat just became a lot easier to build. advertisement advertisement “The Internet of Things” is one of those trendy, nebulous terms that many people kind of understand, but few people entirely grasp. Ayah Bdeir, founder and CEO of littleBits — a modern-day Lego set that lets anyone build electronic devices–had her first experience with the Internet of Things (physical devices that connect to the Internet and each other, like the aforementioned Nest thermostat) about a decade ago, when she encountered Internet 0 , a protocol that allows users to control physical objects remotely. “I went from being … [Read more...] about Now You Can Make Your Own Internet-Connected Gadgets, No Engineering Skills Required

FILE PHOTO: Juan Ponce Enrile. INQUIRER FILES MANILA, Philippines — Former Senate president Juan Ponce Enrile, 98, is confined in a hospital due to COVID-19. In a post on his personal Facebook account, the incoming legal adviser of President-elect Ferdinand “Bongbong” Marcos made an appeal “(t)o all my FB friends, critics, and enemies” to “(p)lease bear with me. I am in the hospital.” But it appears that the nonagenarian is asymptomatic, as he noted not feeling any discomfort and that his body temperature has been normal, except for a dry cough. “To my critics and enemies: Do not clap with glee. I am not going to die yet. Far from it,” Enrile also wrote on Facebook. “Since three (3) days ago after I entered Makati Med. when I was diagnosed ‘positive’ for COVID virus. I never had any discomfort. No chills. No fever. No headache. No malaise. My body temperature ranges from 36* to 36.8*. My body oxygen ranges from 96 to 99. All my physical vital signs and blood chemistry … [Read more...] about Enrile contracts COVID-19: ‘To my critics and enemies, I am not going to die yet’

Beatles founder member, British singer-songwriter Paul McCartney plays the Pyramid Stage at the Glastonbury festival near the village of Pilton in Somerset, Southwest England, on June 25, 2022. Image: AFP/Andy Buchanan United States rapper Kendrick Lamar will bring the curtain down on Britain’s Glastonbury Festival on Sunday (Monday in Philippine time), after Paul McCartney ran through a set of Beatles classics, helped out by Bruce Springsteen and Dave Grohl. McCartney, who turned 80 last week, on Saturday became the oldest main stage headliner of all time, and was joined by Springsteen for “I Wanna Be Your Man,” while former Nirvana man Grohl came on for “I Saw Her Standing There.” The 100,000 strong crowd at the dairy farm in south west England serenaded McCartney onto the stage with “Happy Birthday,” and were treated to timeless classics including “Can’t Buy Me Love,” “Love Me Do,” “Blackbird,” “Helter Skelter,” “Let It Be” and “Hey Jude.” The Sunday Telegraph called it … [Read more...] about Paul McCartney rolls back years as Glastonbury enters final day

Barangay Ginebra forward Japeth Aguilar dunks against San Miguel Beer in the 2022 PBA PhilippineCup at Mall of Asia Arena. PBA IMAGES MANILA, Philippines—Slowly but surely, Japeth Aguilar is rediscovering his old, fiery form and Barangay Ginebra is quick to reap the fruits as it shares the top spot in the PBA Philippine Cup. With the 6-foot-9 veteran finally recovered from a left calf injury, the Gin Kings notched two big wins last week for a similar 4-1 record as San Miguel Beer. Aguilar imposed his will in Ginebra’s comeback win against NLEX (83-75), and then played a key role in helping the Kings pull off a gritty 75-72 triumph over the Beermen. Aguilar averaged a double-double of 17.5 points and 10.5 rebounds in those games. He also shot 54 percent from the field and normed 2.5 blocks per outing to clinch the Cignal Play-PBA Press Corps Player of the Week for the period June 22-26. Aguilar hit 20 points on a stellar 9-of-13 shooting, grabbed seven rebounds, and had … [Read more...] about PBA Player of the Week Japeth Aguilar regaining old form for Ginebra