Fetch.ai and LiquidChefs Partner to Enable Sustainable AI-Powered Supply Chain Services

This partnership paves the way for increased transparency within supply chains using autonomous economic agents and will be showcased at WEF Davos 2022 Fetch.ai x LiquidChefs CAMBRIDGE, England, Dec. 14, 2021 (GLOBE NEWSWIRE) — Fetch.ai (https://fetch.ai/), a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, has announced a partnership […]

Read More

Intuitive reaches 10 million procedures performed using da Vinci Surgical Systems

Milestone serves as foundation for continued innovative improvement in minimally invasive surgery SUNNYVALE, Calif., Dec. 14, 2021 (GLOBE NEWSWIRE) — Intuitive (Nasdaq: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, today announced that the number of robotic-assisted surgical procedures performed worldwide by surgeons using da Vinci surgical systems […]

Read More

WillScot Mobile Mini Acquires Regional Modular And Storage Services Provider In Midwest United States

PHOENIX, Dec. 14, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced that it closed the acquisition of McDonald Modular Solutions. The transaction was funded with cash on hand and borrowings under the Company’s […]

Read More

Adagio Therapeutics Reports Reduction in In Vitro Neutralizing Activity of ADG20 Against Omicron SARS-CoV-2 Variant

Previously Reported In Vitro Data Demonstrating that Individual Omicron Mutations Were Not Associated with ADG20 Escape Do Not Translate to Omicron Authentic and Pseudovirus Assays WALTHAM, Mass., Dec. 14, 2021 (GLOBE NEWSWIRE) — Adagio Therapeutics, Inc., (Nasdaq: ADGI) a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases […]

Read More

Meiogenix Announces $13 Million Series A Financing Round Led by Sofinnova Partners

Co-investors include Genoa Ventures, Bpifrance, Casdin Capital and Alexandria Venture Investments Paris, France, Dec. 14, 2021 (GLOBE NEWSWIRE) — Meiogenix, an agriculture biotech company using the process of Chromosome Editing to expand genetic diversity in food and agriculture, announced today the closing of a $13 million (€11 million) Series A financing round, led by Sofinnova […]

Read More

Philips to further expand its image-guided therapy devices portfolio through acquisition of Vesper Medical

December 14, 2021 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has signed an agreement to acquire Vesper Medical Inc., a US-based medical technology company that develops minimally-invasive peripheral vascular devices. Vesper Medical will further expand Philips’ portfolio of diagnostic and therapeutic devices […]

Read More

LeddarTech to Showcase Critical Sensing and Perception Solutions Enabling ADAS and Autonomous Driving at CES Las Vegas 2022

LeddarTech invites LiDAR manufacturers, Tier 1-2 suppliers, system integrators and automotive OEMs to discover the latest in ADAS and AD sensing and perception technologies at booth 7061 January 5-8 at CES QUEBEC, Dec. 14, 2021 (GLOBE NEWSWIRE) — LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, […]

Read More

LeddarTech จะจัดแสดงโซลูชันการตรวจจับและการรับรู้ที่จำเป็น (Critical Sensing and Perception Solutions) ซึ่งจะช่วยระบบ ADAS และการขับขี่อัตโนมัติที่ CES Las Vegas 2022

LeddarTech เชิญผู้ผลิต LiDAR ซึ่งเป็นซัพพลายเออร์ระดับ 1-2 ผู้วางระบบ และ OEM ยานยนต์ มาค้นพบเทคโนโลยีการตรวจจับและการรับรู้ ADAS และ AD ล่าสุดที่บูธ 7061 วันที่ 5-8 มกราคมที่ CES ควิเบก, Dec. 14, 2021 (GLOBE NEWSWIRE) — LeddarTech® ซึ่งเป็นผู้นำระดับโลกในการจัดหาเทคโนโลยี ADAS และการตรวจจับ AD ที่ยืดหยุ่น เปี่ยมประสิทธิภาพ และแม่นยำที่สุด ยินดีที่จะประกาศการเข้าร่วมที่ CES Las Vegas 5 แห่ง ในวันที่ 5-8 มกราคม 22 ในสถานที่จัดแสดง LeddarTech จะสาธิตโซลูชันชั้นนำสี่รายการที่ช่วยให้ OEM ซัพพลายเออร์ระดับ 1-2 ผู้รวมระบบ และผู้ผลิต LiDAR สามารถแก้ปัญหาความท้าทายในเรื่องของการตรวจจับและการรับรู้ที่จำเป็นของ ADAS […]

Read More

I-MAB Biopharma and AGC Biologics Partner on Late-Phase Project

Global CDMO utilizes Seattle facility’s mammalian biologics expertise to support late-stage clinical trials for leading international biopharma organization Seattle, Dec. 13, 2021 (GLOBE NEWSWIRE) — AGC Biologics, a leading global Biopharmaceutical Contract Development and Manufacturing Organization (CDMO), today announced a new partnership with I-MAB Biopharma (Nasdaq: IMAB). The I-MAB treatment being developed is approaching late-phase […]

Read More

BTr fully rejects bids for 7-year T-bond

The Bureau of the Treasury (BTr) fully rejected all bids for the seven-year Treasury bond (T-bond) on Tuesday as the auction committee considered the rates, which were lower than the previous auction, to remain high. It offered the T-bond for PHP20 billion and tenders reached PHP52.267 billion. Had the committee awarded the paper, the rate of the securities would have declined to 4.395 percent from 4.468 percent previously. “We find that there is more room for rates to decline following (the) deceleration in inflation and assurance from (Bangko Sentral ng…

Read More

PH nod on Pfizer’s EUA for kids aged 5 to 11 seen before 2022

The Pfizer BioNTech company has applied for emergency use authorization (EUA) allowing the administration of its coronavirus jabs for children 5 to 11 years old in the Philippines, National Task Force (NTF) against Covid-19 chief implementer, Secretary Carlito Galvez Jr., announced Monday night. Galvez, also the vaccine czar, said Pfizer has officially requested an amendment to its EUA by allowing the use of its vaccine for Filipinos under 5 to 11 age bracket. “We will be expecting more or less na (that) before the end of the year ay mayroon…

Read More

House OKs bill promoting financial literacy on 2nd reading

The House of Representatives on Tuesday approved a measure promoting financial inclusivity and literacy especially to those living in rural and underdeveloped areas to ensure equitable access to financial technology. The chamber passed on second reading House Bill 10582 or the “Rural Financial Inclusion and Literacy Act”. The measure seeks to uplift the lives of the marginalized sectors such as the small farmers, fisherfolk, as well as informal workers by addressing the huge gap in reaching financial inclusivity. It also aims to establish a financial system that benefits all Filipinos,…

Read More

ADB raises 2021, 2022 growth forecasts for PH

The Philippine economy is forecast to remain on a steady growth path in 2021 and 2022, supported by an acceleration in the government’s coronavirus disease 2019 (Covid-19) vaccination program and a sharp drop in Covid-19 cases, according to a report released Tuesday by the Asian Development Bank (ADB). The supplement to the Asian Development Outlook (ADO) 2021 said the Philippine economy will grow 5.1 percent in 2021 and 6.0 percent in 2022, up from the bank’s September forecast of 4.5 percent in 2021 and 5.5 percent in 2022. “The Philippine…

Read More

PEZA woos Dubai businesses to invest in PH

The Philippine Economic Zone Authority (PEZA) has invited businesses in Dubai to consider locating their next investments in the Philippines. PEZA deputy director general Tereso Panga said in his social media post Monday night that PEZA director general Charito Plaza met with businesses from sectors of Islamic banking, transport, logistics, and energy in Dubai last week to present investment opportunities in the Philippines. Panga said multinational logistics firm, DP World, plans to develop a 50 to 100-hectare economic zone with integrated seaport for their latest logistics facilities and solutions. He…

Read More

1M Caraganons now registered in Step 2 of PhilSys

A total of 1,033,656 residents in Caraga have successfully registered for the second step of the Philippine Identification System (PhilSys) as of November 30, the regional office of the Philippine Statistics Authority (PSA) said Tuesday. In a statement, the PSA 13 (Caraga) said the number is 36.85 percent of the total population in the region. “The total number of registrants was attained five months after the launching of the Philippine Identification System Step 2 in Caraga Region,” it said. Caraga has a population of 2,804,788. It covers the cities of…

Read More

QC opens database to track VAWC cases

Cases of violence against women and children (VAWC) in Quezon City will be easier to track and resolve as the local government now has a unified database. The QC Gender and Development Integrated Management Information System or the QC VAW Centralized Databank System is the first in the country, according to the city government on Tuesday. The database will be used by VAWC desk officers in the city’s 142 villages barangays, police stations, and Gender and Development (GAD) Council. “Justice for thousands of victims is now within our reach while…

Read More

DOT lures balikbayans to rediscover PH with new travel deals

The Philippines is inviting balikbayans (returning Filipinos) to travel back home and rediscover the country as it launched on Tuesday a website dedicated solely for overseas Filipinos and overseas Filipino workers (OFWs). The balikan.ph website, a one-stop site for Balikbayan-exclusive promos with as much as 50 percent discount on hotel and resort rates and worry-free, value-for-money vacation packages is under the Department of Tourism’s (DOT) “Balikan ang Pilipinas” campaign. “Through the balikan.ph website, we can offer great travel deals from airlines and DOT-accredited hotels, resorts, and tour operators to our…

Read More

Peso nearly unchanged; stocks up ahead of Fed key decisions

Anticipation for the policy decisions of several central banks this week resulted in bargain hunting in the local bourse on Tuesday while the peso ended little changed against the greenback. The Philippine Stock Exchange index (PSEi) gained 0.62 percent, or 44.38 points, to 7,241.99 points. All Shares followed with a jump of 0.23 percent, or 8.90 points, to 3,841.69 points. On the other hand, most of the sectoral indexes finished the day in the negative territory with the Services declining by 0.51 percent; Mining and Oil, 0.40 percent; Industrial, 0.38…

Read More

Department of OFW to fulfill one of PRRD’s promises

Senator Christopher “Bong” Go on Tuesday lauded his colleagues’ approval of the legislation creating a Department of Migrant Workers, a move which he said inches closer toward fulfilling one of the campaign promises of the Duterte administration to improve the condition of the overseas labor force. The bill, certified urgent by Malacañang in May, seeks to consolidate into a single coherent office the agencies which attend to the needs of overseas Filipino workers (OFWs). “This bill is not just part of the legacy of the Duterte administration but also of…

Read More

Power firm advises NegOr clients to brace for ‘Odette’

The Negros Oriental Electric Cooperative II (NORECO II) on Tuesday advised its customers to prepare for Severe Tropical Storm Rai that will be named “Odette” once inside the Philippine area of responsibility (PAR), as the weather forecast shows Negros Oriental is right in its path. In a media release, Sharon Araula, NORECO II information officer, said “because the distribution lines are overhead and exposed to the elements of nature, strong wind and torrential rain can cause power outages in our coverage area”. She urged the people to have backup power…

Read More

Bicol placed on red alert for ‘Odette’

The Regional Disaster Risk Reduction and Management Council (RDRRMC) in Bicol has placed all disaster response offices on red alert effective immediately to prepare for the possible onslaught of Tropical Storm (TS) Odette. In a memorandum issued on Tuesday, Claudio Yucot, Office of Civil Defense (OCD)-Bicol regional director and Bicol DRRMC chairperson, said the raising of alert status from blue to red is necessary due to the uncertainty of the movement, track, and intensification of the weather disturbance, and to heighten appropriate precautionary actions for possible flooding, flash floods, or…

Read More

E. Visayas suspends Luzon, Mindanao-bound land trips

The Eastern Visayas Regional Disaster and Risk Reduction Management Council (RDRRMC) has canceled land travel of all vehicles bound for Luzon and Mindanao ahead of a tropical storm’s looming entry into the Philippine Area of Responsibility (PAR) to avoid stranding in ports. RDRRMC chairperson Lord Byron Torrecarion said the body issued the memorandum that took effect 8 a.m. on Tuesday, following the post-disaster risk assessment core group meeting night of Dec. 13. “This covers buses, trucks, and private cars unless they are already in transit during the effectivity of cancellation.…

Read More

G7 discusses global economic outlook, vaccination, supply chains

G7 economic officials on Monday discussed the outlook of the global economy, boosting vaccination rates around the world to combat the coronavirus disease 2019 (Covid-19) pandemic and the importance of resilient supply chains. G7 finance ministers and governors also discussed the macroeconomic implications of climate change and technical work the G7 will pursue to better understand climate mitigation measures, the US Treasury Department said in a statement. In a virtual meeting of the G7 finance ministers and central bank governors, US Treasury Secretary Janet Yellen endorsed the G7 finance ministers’…

Read More

21 CamSur families get settlement grants under BP2 program

The Department of Social Welfare and Development (DSWD) in Bicol has provided livelihood settlement grants to 21 families in Camarines Sur under the “Balik Probinsya, Bagong Pag-asa” (BP2) program. Ranelle Anne Sertan, BP2 information officer, said in an interview on Tuesday the beneficiaries are all from the National Capital Region (NCR) who want to permanently reside in the province and are given the grant as start-up capital for the continuity of their livelihood and economic activities. “Based on our record, the latest payout was given on Monday (Dec. 13) and…

Read More

DBCC hikes 2021 growth target to 5%-5.5%

Economic managers on Tuesday revised upwards the government’s 2021 growth target to between 5 percent to 5.5 percent as economic recovery continues to strengthen. In a statement, the inter-agency Development Budget Coordination Committee (DBCC) said it kept the 7 percent to 9-percent growth target, as measured by gross domestic product (GDP), for 2022 and the 6 percent to 7-percent target for 2023-2024. “With our strong economic performance in 2021, the DBCC is optimistic that the country’s GDP will return to its pre-pandemic level by 2022,” it said. The domestic economy…

Read More

PH, Australia partnership shifts to strategic level

The Philippines and Australian governments have agreed to elevate their partnership from comprehensive to strategic, the Department of Foreign Affairs (DFA) said Tuesday. The commitment was made during a bilateral meeting between Foreign Affairs Secretary Teodoro Locsin Jr. and Australian Foreign Minister Marise Payne on the sidelines of the Asean-G7 Foreign and Development Ministerial Meetings in Liverpool, United Kingdom last December 11. “As our 75th anniversary year draws to a close, I take satisfaction in the breadth and scope of our engagement this year from our political, trade, defense, and…

Read More

BDO reimbursing funds of latest cybercrime-affected accounts

Nearly 700 clients of Sy-led BDO Unibank Inc. affected by the recent fraudulent online transactions will be refunded for their affected funds. In a statement on Tuesday, BDO said the bank “has been processing the reimbursement” for its clients. “We have requested our clients to go to their branch of account and submit documentation to get the refund. The bank will shoulder the losses perpetuated by this cybercrime incident,” it said. The bank added it “has been working closely with the appropriate authorities and the Bangko Sentral ng Pilipinas (BSP)…

Read More

Housing loan takers to benefit from all-in financing program

Noting the impact of the pandemic on borrowers’ capacity to pay amid the desire to have their own house, a local bank introduced an all-in financing loan payment program aimed to help manage their cash flows. In a briefing on Tuesday, Bank of the Philippine Islands (BPI) head of retail loans Dennis Fronda said fees and charges, which account for about 3 percent of total loan amount, will be included in the monthly amortization and will be spread throughout the loan term. “For the many Filipinos, this will go a…

Read More

DSWD-13 readies over 11K food packs as ‘Odette’ nears

The Department of Social Welfare and Development – Caraga (DSWD-13) has prepositioned a total of 11,272 family food packs (FFPs) in different strategic areas in the region in preparation for the possible impact of Tropical Storm Odette as of Monday afternoon. Marko Davey Reyes, DSWD-13 information officer, told the Philippine News Agency here Tuesday that the agency has enough FFPs to augment the needs of the local government units (LGUs). “The prepositioning of the FFPs is in preparation for augmentation to the LGUs. We have enough supplies in case the…

Read More

House pushes for more discounts in water, power bills for seniors

A measure increasing the discount granted to senior citizens on their monthly electric and water consumption and exempt such bills from value-added tax hurdled second reading approval at the House of Representatives. During Tuesday’s plenary session, the chamber passed through voice voting House Bill 10568, which would amend Republic Act No. 7432 or the Expanded Senior Citizens Act of 2010. The bill proposes to raise the rate of discount granted to senior citizens on their monthly electric and water consumption from the present 5 percent to 10 percent. Albay Rep.…

Read More

PhilMech gives P315-M machinery to Pangasinan farmers

The Philippine Center for Postharvest Development and Mechanization (PhilMech) has distributed machinery worth PHP315 million under the mechanization program of the Rice Competitiveness Enhancement Fund (RCEF) that will benefit 142 qualified farmers cooperatives and association (FCAs) in the province. In a statement Tuesday, the Department of Agriculture (DA) said some 238 units of machinery included four-wheel drive tractors, rice combine harvesters, hand tractors, power take-off driven disc plows/harrows, riding-type transplanters, walk-behind transplanters, among others. The beneficiaries were from the towns of Agno, Anda, Bani, Bolinao, Burgos, Dasol, Infanta, Mabini, Sual,…

Read More

PNP starts prepping for dawn masses

All police station heads have started mapping out security and safety measures for the traditional dawn masses (Simbang Gabi) that will begin December 15 with the anticipated mass. Philippine National Police (PNP) chief Gen. Dionardo Carlos said more cops must be deployed for novena masses leading to the Christmas Eve mass to make sure health and safety protocols will be enforced. Cops are also deployed in the vicinity of malls which have longer hours of operation during the Holiday season, night markets, food parks, and public utility vehicle terminals and…

Read More

Cases dismissed due to sloppy handling of evidence

A man convicted in 2017 by a Cotabato court of illegal drugs and illegal explosives possession has been acquitted by the Supreme Court (SC) for lapses in handling evidence. The SC Second Division ordered the release of Parok Guman, who was found guilty by the Kabacan, Cotabato Regional Trial Court Branch 22 of selling illegal drugs and possession of explosives during a buy-bust in 2010. In 2019, the Court of Appeals (CA) overturned Guman’s conviction in view of law enforcers’ non-compliance with the chain of custody but affirmed the illegal…

Read More

Zambo Peninsula cops nab 3 fugitives

Government operatives arrested in separate law enforcement operations three of the most wanted persons in the province of Zamboanga del Sur, a police official said Tuesday. Maj. Shellamie Chang, Police Regional Office – Zamboanga Peninsula (PRO-9) information officer, identified the fugitives as Marjun Cruz Ramayrat, 33; Graciano Nobesteras Dela Cruz, 54; and Lorie Epilan Dela Cruz, 54. Chang said Ramayrat was arrested in an operation around 2:50 p.m. Monday in Barangay Makuguihon, Molave, Zamboanga del Sur. Ramayrat has standing arrest warrants for murder with no recommended bail, and two counts…

Read More

Convicted magnate not a flight risk, allowed to travel

The Supreme Court (SC) has allowed a construction magnate convicted by the Sandiganbayan for graft to travel to Europe, saying “he does not appear to be a flight risk”. Jesusito Legaspi and 12 former executives of the Public Estates Authority were sentenced to up to eight years in prison in 2015 for padding the cost of a 2.3-kilometer (km) section of the 5.1-km asphalt road project, the President Diosdado Macapagal Highway that traverses Pasay and Parañaque cities. The case is on appeal. In a recent resolution, the SC First Division…

Read More

Bacolod drug suspect yields PHP272-K shabu

A drug personality was arrested by joint operatives of Bacolod City Police Office (BCPO) during a buy-bust at his residence in First Road, Barangay Taculing on Tuesday morning. The suspect was identified as Crisvie Jimena, 32, considered a street-level individual. At 12:55 a.m., Jimena sold suspected shabu worth PHP500 to a poseur-buyer during the operation conducted by the drug enforcement team of Police Station 5, together with the City Drug Enforcement Unit (CDEU). Jimena yielded 16 plastic sachets containing the same prohibited substance, weighing about 40 grams, with an estimated…

Read More

166 licensed professionals join PNP

A total of 166 licensed professionals formally took their oaths as commissioned officers of the Philippine National Police (PNP) at Camp Crame on Monday under the 2021 Lateral Entry Program aimed at recruiting more technical service officers. PNP chief Gen. Dionardo Carlos administered the oath-taking, donning, and pinning of rank insignias to the newly appointed police commissioned officers (NAPCOs). One doctor was appointed to the initial rank of Captain with a basic monthly salary of PHP56,582.00. The rest, composed of a nurse, nutritionist, and technical service and line officers were…

Read More

SC affirms dismissal of P5.9-B smuggling case vs. Uy

The Supreme Court (SC) upheld rulings by the Court of Appeals and the Davao Regional Trial Court (RTC) dismissing criminal cases against businessman Dennis Uy and a customs broker. Uy, then the president and chief executive officer of Phoenix Petroleum, and Jorlan Cabanes, were charged with the alleged smuggling of PHP5.9 billion worth of petroleum products in 2010 and 2011, initiated by Senator Leila de Lima who was Department of Justice (DOJ) secretary at the time. “In sum, the lower courts’ finding of no probable cause are supported by relevant…

Read More

Cop, suspect die in S. Kudarat hostage-taking

A police officer in Esperanza, Sultan Kudarat was killed hours after he was attacked by a man while he was taking his dinner inside the police station Monday night. In a report, Maj. Alexander de Pedro, Esperanza town police chief, said the attack on Staff Sgt. Victor Araño occurred at 7 p.m. inside the kitchen of the town police station. Araño, a police investigator, was stabbed several times in the chest by laborer Jessy Ferrer, and of Barangay Saliao. The suspect was drunk when he allegedly committed the crime. “The…

Read More

House ratifies bill raising statutory rape age to 16

The House of Representatives on Tuesday ratified the bicameral conference committee report on a measure raising the age of statutory rape from the current 12 years old to 16 years old to protect young people from sexual exploitation and abuse. During the plenary session, the chamber approved the final version that reconciles the disagreeing provisions of Senate Bill No. 2332 and House Bill No. 7836. Zambales Rep. Cheryl Deloso-Montalla, chair of the House Committee on Revision of Laws, highlighted a provision called the “close-in relationship” or “sweetheart clause” to recognize…

Read More

94% of Covid-19 deaths in Zambo City unvaxxed individuals

At least 1,019 individuals or 94 percent of the 1,084 people who died here due to the coronavirus disease 2019 (Covid-19) were unvaccinated. This was according to Dr. Dulce Amor Miravite, city health officer, as she renewed on Tuesday calls for residents to get vaccinated against the sickness. The remaining 65 in the death count received their vaccines. Among the active cases, Miravite said 86 patients representing 61 percent of the 140 active cases were unvaccinated, while the remaining 54 were inoculated. “Let us take the opportunity in the conduct…

Read More

Gov’t sticks to 7M target for ‘Bayanihan, Bakunahan’ phase 2

The national government is sticking to its target of administering seven million doses of vaccine during the second phase of its simultaneous vaccination drive against Covid-19 despite the decision to suspend the event in areas to be hit by Tropical Storm Rai, Malacañang said on Tuesday. Acting Presidential Spokesperson, Cabinet Secretary Karlo Nograles made this statement after the National Vaccination Operations Center (NVOC) announced its plan to move phase 2 of the “Bayanihan, Bakunahan” vaccination days in storm-affected areas to Dec. 20 to 22 instead of Dec. 15 to 17.…

Read More

Land dispute tagged as motive in journalist’s killing

Land dispute has been identified by the Philippine National Police (PNP) as the possible motive in the fatal shooting of journalist Jesus Malabanan on Dec. 8 in Calbayog City, Samar. In a statement on Tuesday, the PNP regional office said the Special Investigation Task Group (SITG) “Malabanan” have taken affidavits from several witnesses and footages of closed-circuit television in the area during a conference on December 13. “The group has discounted the case to be work-related and drug-related. Accordingly, the statements of witnesses having been interviewed by investigators can be…

Read More