Jun 252014
 

CONCERNS over the quality of risk management and interest rates topped the list of 28 possible risks to banks in the Philippines, according to the biennial Banking Banana Skins survey conducted by the Centre for the Study of Financial Innovations (CSFI) in association with our firm, PwC.

Jun 252014
 
Web-based app wins top prize at Hack the Climate: Manila

A WEB-based application that promotes awareness, tracks reforestation sites, and helps sustain local communities through eco-tourism bested 41 other entries at the first-ever Hack the Climate: Manila held from June 6 to 8. The 56-hour hackathon, or coding marathon, was the longest hackathon ever mounted globally. It was organized by two Princeton University students, Jacob Scheer and Michael Lachanski, with a grant from Davis Projects for Peace through the Pace Center for Civic Engagement. It was supported by Smart Communications, Inc. (Smart), through the Smart Developer Network, and the De La Salle-College of Saint Benilde. Team Instigators won the grand prize for its app, Tanaw, a web-based application which has geo-locator features and heightens environmental awareness by tracking reforestation sites. At the same time, it hopes to bolster economic activity in local communities via tourism by promoting various destinations in the country.The team is composed of young developers Dominic Tuazon, Mic Gutierrez and Louis Michael Concepcion. Runner-up was Team Superuser with Agila, a Cloud-based cross-platform solution that helps track the user’s energy usage and carbon footprint and how much one is contributing to climate change. The app links up communities that have the same advocacies for the environment. Comprising the team are developers Ivan Dominic Baguio, Joniel Ibasco and Kix Panganiban. “Many of the applications developed during the hackathon showed promise for commercial deployment. The output also showed the relatively high level of awareness of the young developers on climate change, and how they have creatively integrated this into the Read More …

Jun 252014
 
The Grove County Fair this weekend

Exciting fare will tickle every foodie’s taste buds with meals on wheels at The Food Truck Barnyard Carnival at the Grove Country Fair. MANILA, Philippines -The County Fair at The Grove by Rockwell is back. Organic eats and new dining concepts make their way to The Grove by Rockwell from 5 p.m. to 12 midnight. Holly’s Milk, Cupcake Lab, KKK Coffee, Rizal Dairy, Madeleine, and more are sure to satisfy appetites for good food and fashionable finds. Exciting fare will also tickle every foodie’s taste buds with meals on wheels  as The Food Truck Barnyard Carnival stirs up excitement once again with the likes of Chef Broosy, Hungry Rover, Truck Bun, Ser Chef, Mexikombi, Mio Gelati and more.  Visit The County Fair this weeked from 5 p.m. to 12 midnight on Friday to Sunday, at The Grove by Rockwell along C5 cor. Ortigas Ave.

Jun 252014
 
A sweet piece of Italy

Villa del Conte gives customers the freedom to add personal touches to their creations with their exclusive customizable packaging. MANILA, Philippines -The premium chocolate brand known for its delectable flavors carries the name of a small, idyllic town in Italy, Villa del Conte, where it began, and where chocolate is not just a treat but also an edible art form. For 81 years, Villa del Conte has been making exceptional chocolates specially made by their artisans. Using only handpicked cacao beans, shaped by a unique process, one can taste a masterpiece of authentic Italian tradition. Being a place of creativity and intellect, Villa del Conte soon became the home of world-class artisanal chocolates, carrying a tradition that spans three generations. Much like heirlooms, its world-class chocolate recipes are passed on from father to son and so on. Today, people can have a sweet piece of Italy as Villa del Conte presents its exquisite line of chocolates in the Philippines: signature creations such as Praline Balls, Praline Sticks, and Ovicini, followed by decadent Domes, Truffles, and Neapolitans. Made of silky, creamy fillings in milk or dark chocolate shells, Villa del Conte’s Praline Balls come in flavors of cacao, caramel, coffee, macadamia, hazelnut cream and cereals, milk cream coconut chips, and white cream filling and biscuits. Giving you the perfect combination of citrus and cioccolato, their Praline Sticks have a wide array of flavored cream fillings such as banana, orange, strawberry, blueberry, mint, and watermelon, in milk or dark chocolate. Lifestyle Feature Read More …

Jun 252014
 
SM Prime building largest comm’l solar rooftop

LARGEST COMMERCIAL SOLAR ROOFTOP: SM Prime Holdings Inc. president Hans T. Sy (third from left) shakes hands with Solar Philippines president Leandro Leviste to seal the deal for the construction of the largest commercial solar rooftop in the country. Others in photo are (from left) Christopher Bautista, SMPHI chief finance officer; Steven T. Tan,  SMPHI senior vice president; Rhoel Carlo Gonzaga,  Solar Philippines head design engineer and Aldren B. Samson, Solar Philippines business operations manager. MANILA, Philippines – Retail giant SM Prime Holdings Inc. is building the largest  commercial solar rooftop in the Philippines as part of its  commitment to use clean, renewable and sustainable energy in  its operations.  SM Prime president Hans T. Sy said a 1.5-megawatt (1,500  kilowatt) solar rooftop is currently being built at the SM  City North Edsa which will be used to power up a significant  portion of the mall’s energy requirements.  The solar rooftop project, the largest of its kind on a  commercial establishment in the country, will be operational  by October this year and make SM City North Edsa the largest  solar-powered mall in the world.  It will be built by Solar Philippines, led by its president  Leandro L. Leviste, the same company behind the other  largest commercial solar rooftop installations in the  country.   “SM Prime has always been committed to reduce greenhouse  emissions and maximize energy efficiency in our malls. This  is just one of many renewable projects we have been doing in  our developments and we will continue with finding ways Read More …

Jun 252014
 
Shell bats for gov’t policies to encourage LNG investments

MANILA, Philippines – Pilipinas Shell Petroleum Corp. (Shell) is urging the Aquino administration to come up with policies that would encourage investments in the liquefied natural gas (LNG) sector. Shell country chairman Edgar Chua said the government must come up with a clear energy mix that includes the contribution of LNG, along with our sources of power. LNG is natural gas that has been convered into liquid for ease of storage or transport. “To make LNG a reality, there is a need for the government to come up with policies to encourage investments along the LNG value chain. Firstly, a clear energy mix which spells out the contribution of LNG, coal, renewables and oil to the country’s power generation,” Chua said. Last week, Energy Secretary Carlos Jericho Petilla said the Energy department is coming out a fuel mix policy this year because there is none. The mix would serve as guide to future investments in power and provide these potential investors a clear signal on the government’s fuel mix policy. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Chua said a clear fuel mix policy would ensure that as demand grows, each energy source grows proportionately and the balance of cost environment and health considerations is also maintained. He also urged the government to encourage the development of LNG infrastructure in the country. “The government should support and encourage the development of an LNG infrastructure such as import terminal and gas pipelines to allow more customers access to natural Read More …