Home 2019 January 8

Daily Archives: January 8, 2019 | 9:44 pm

Senate sets end-Jan. deadline for budget approval

THE Senate will seek to ratify the P3.757 trillion national budget for 2019 within two weeks after resuming session next week after Malacañang called on Congress to pass the measure “at the soonest possible time.”
cigarette tobacco

Palace approves urgent certification for P60 tobacco tax

MALACAÑANG on Tuesday said President Rodrigo R. Duterte approved a proposal of the Department of Health (DoH) and the Department of Finance (DoF) to impose a P60 tax per pack of tobacco and P40 per liter of alcohol.

SEIPI confident of hitting 2018 export growth target

THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said it is confident it will hit its 2018 growth target for electronics shipments.

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15 new barangays entitled to share of IRA

FIFTEEN NEW BARANGAYS are now eligible to receive a share of national government revenue, the Department of Budget and Management (DBM) said.
chicken wet market

DA tells chicken growers to raise farmgate prices to avoid losses

AGRICULTURE Secretary Emmanuel F. Piñol said poultry growers should increase farmgate prices of chicken by P10 weekly from the current P38 per kilo to prevent them from exiting the industry.

Customs on the lookout for Africa Swine Fever in pork

THE BUREAU of Customs (BoC) will be on the lookout for pork products potentially contaminated with African swine fever (ASF).

Usman crop damage exceeds P1 billion mark

AGRICULTURAL damage caused by tropical depression Usman exceeded a billion pesos, the Department of Agriculture (DA) said Tuesday.

Palace calls Andaya bluff on 2019 gov’t salary hike

MALACAÑANG on Tuesday dismissed House Majority Leader Rolando G. Andaya, Jr.’s threat to seek Supreme Court intervention if the Department of Budget and Management (DBM) fails to implement a scheduled salary increase for government employees by Jan. 15.
tobacco cigarette

Will Senator Angara play Big Tobacco’s game?

In 1994, the CEOs of seven major tobacco manufacturers testified before the United States Congress regarding the health impact of tobacco consumption.

Mainstreaming the creative economy

A study for the British Council reveals that the creative industries, including commercial and not-for-profit (i.e. culture and art for art’s sake) activities are one of the global economic success stories of the last 20 years. Great Britain has benefited from its creative industries, such as film and the phenomenal Beatles. From 2000 to 2010, according to an UNCTAD study, the creative industries grew annually more than twice that of the service industries overall, and more than quadruple that of manufacturing in many OECD and developing countries. The UNCTAD report cited reveals exports were recorded at $171 billion in 2001. Creative industries are estimated to contribute from 3% to 12% of global GDP, depending on how creative industries are defined.
Mike de Leon

Citizen Mike de Leon

Mike de Leon is a multi-awarded cinematographer, screenplay writer and director in Philippine cinema. Among his first works as a cinematographer was Maynila, Sa Kuko ng Liwanag, directed by Lino Brocka. It was a harsh portrayal of life in the metropolis and the struggle for survival by its masses. Mike’s latest film, as director, was Citizen Jake, an indictment of Philippine politics and the octopus-like tentacles that have strangled the country and the citizenry.

Telecommuting as an alternative work arrangement

In the Philippines, employees are subject to normal working hours of not exceeding 8 hours a day, for 6 days per week. It seems that our laws made it this way to provide employees ample time for rest and recreation after a hard day’s work.

Peso slips ahead of data

THE PESO slipped against the dollar on Tuesday as market participants await local trade data to be released today and amid risk-off sentiment in the stock market.

PSE index corrects as investors pocket profits

THE MAIN INDEX corrected on Tuesday as investors chose to take profit while others stayed on the sidelines, waiting for the results of the trade talks between the United States and China.
Supreme Court

SC sets oral arguments for martial law extension

THE SUPREME COURT (SC) has set oral arguments on Jan. 22 and 23 for the petition by seven opposition congressmen asking the high court to void a third extension of martial law in Mindanao.
Panfilo M. Lacson

Profile discharged cops, Lacson advises PNP

SENATOR Panfilo M. Lacson on Tuesday said the Philippine National Police (PNP) should redirect its efforts in profiling teachers’ groups to discharged police and military personnel who have become guns for hire.
Salvador S. Panelo

Palace: Give officials under investigation chance to respond

PRESIDENTIAL Spokesperson Salvador S. Panelo on Tuesday said the Presidential Anti-Corruption Commission (PACC) should give officials under investigation for alleged corruption a chance to respond.

Customs to install 50 more X-ray machines nationwide

THE BUREAU of Customs will install 50 x-ray units worth P1.2 billion in major ports across the country to tighten its watch on smuggling.

Palace assures Duterte’s support for HIV law awaiting signature

MALACAÑANG on Tuesday assured the public that President Rodrigo R. Duterte supports the proposed HIV and AIDS Policy Act of 2018.

Suspects in Batocabe murder under BI lookout

THE Department of Justice (DOJ) has placed under its Immigration Lookout Bulletin Order (ILBO) Daraga, Albay, Mayor Carlwyn Baldo and eight others allegedly involved in the Dec. 22, 2018 killing of Ako Bicol Rep. Rodel M. Batocabe.

OFW vote predominant in Middle East

FILIPINOS in the Middle East and African Region lead the number of overseas voters registered for the midterm elections on May 13 this year, according to figures released Tuesday by the Office for Overseas Voting of the Commission on Elections.

Lorenzana: Ending NPA insurgency not doable this year, but within Duterte term

DEFENSE SECRETARY Delfin N. Lorenzana has admitted that the target of ending the 50-year old communist insurgency this year is not possible, but said the government is aiming to achieve this before President Rodrigo R. Duterte steps down in mid-2022.

Part of road funds eyed for Manila Bay rehabilitation

MALACAÑANG on Tuesday said President Rodrigo R. Duterte wants a portion of the special road funds to be used for the rehabilitation of the Manila Bay.

MMDA reprimands construction firm EEI over lane closure

THE METROPOLITAN Manila Development Authority (MMDA) issued on Tuesday a notice of violation to EEI Corp. for occupying several lanes along the Elliptical Road corner North Avenue in Quezon City without prior notice.

QC forms committee to better manage local government-owned real estate, tax delinquent properties

THE QUEZON City government has set up a multi-department committee to oversee the management of its real estate properties, lead activities relating to the acquisition of sites for public projects, and the forfeiture of real properties that are tax delinquent.

Renovated Tubigon Port in Bohol opens

THE RENOVATED Tubigon Port in Bohol, the main stop for sea transport to and from Cebu, started operations last Jan. 5 and is seen to further boost tourism in the island province.

1 suspect in Cotabato City blast surrenders to police

ONE OF the two suspects in the Dec. 31 bombing at a mall in Cotabato City is now under police custody after turning himself in.

Bangsamoro campaign trail

Mohagher Q. Iqbal (left photo), Moro Islamic Liberation Front implementing peace panel chair, speaks at forum in Isabela City on Jan. 7 to explain and push for the Bangsamoro Organic Law’s (BOL) ratification.

Nation at a Glance — (01/09/19)

News stories from across the nation. Visit www.bworldonline.com (section: The Nation) to read more national and regional news from the Philippines.
Philippine Azkals

Azkals show they belong in Asian Cup

THE Philippine men’s national football team made history on Monday night as it played in its first-ever AFC Asian Cup game. And it gallantly performed well, hanging on to just a 1-0 defeat against tournament favorite Korea Republic when many thought they would be beaten black and blue.
JP Calvo

Columbian rookie Calvo raring to prove self with the big boys

WHILE much attention is being channelled to his rookie teammate and top pick CJ Perez in the run-up to Season 44 of the Philippine Basketball Association, incoming freshman JP Calvo is going about his business as he tries to find his place under the PBA sun and prove he belongs to play with the big boys.

NBA China Games will see Los Angeles Lakers, Brooklyn Nets in two preseason games

THE Los Angeles Lakers and Brooklyn Nets are booked for two preseason games in China later this year, the National Basketball Association had announced.

Australia’s Socceroos must find way to break down defenses at Asian Cup

AL AIN -- Australia must adapt to the defensive style of their Asian Cup opponents as they prepare for a Palestine side who could prove as troubling as Jordan were in their opener, Socceroos assistant coach Rene Meulensteen has said.
Brandon Ingram

Lakers mash Mavs in 3rd quarter for comeback win

LOS ANGELES -- The Los Angeles Lakers put together a dominant third quarter to rally from a 15-point deficit and defeat the host Dallas Mavericks 107-97 Monday night.

Cybersecurity: The year in review, the year ahead

Kaspersky Lab shares its cybersecurity predictions for 2019.

Popovich ties for 3rd on wins list

LOS ANGELES -- DeMar DeRozan had 26 points, nine assists and seven rebounds and Gregg Popovich continued his climb up the NBA’s career wins list as the visiting San Antonio Spurs defeated the Detroit Pistons 119-107 on Monday.

All-Filipino champion

The 44th season of the Philippine Basketball Association rolls off on Jan. 13, beginning with the year-opening Philippine Cup, where the San Miguel Beermen have been dominant being winners of the last four editions of the tournament.

Harden lifts Rockets

For a while there, it looked as if James Harden’s bid for a second straight Most Valuable Player award would be dead in the water. It wasn’t just that he appeared, well, mortal to start his 2018-19 campaign. More importantly, it was that his exertions, however much, amounted to squat in the grand scheme of things. The Rockets, whom he led to within two quarters of a Finals berth last May, were sputtering off the gate; they seemed to alternate wins with losses, racked as much by offseason changes in the roster as by injuries to key players in the updated rotation.
traffic ho chi minh

Philippines lags behind SE Asia neighbors in auto sales, production

OF the eight members of the Association of Southeast Asian Nations (ASEAN) that submit data to the region’s vehicle industry group, three have recorded less deliveries in the first nine months of 2018 when compared to the same period of the previous year.

Of EVs and evolving energy

“THE prospect is extremely bright for EVs [electric vehicles] in the Philippines in 2019,” confidently declared Rommel T Juan, president of the Electric Vehicle Association of the Philippines (EVAP), in an interview with BusinessWorld.
Toyota TRI-P4 1

Toyota tests autonomous driving technology at CES

THE Toyota Research Institute (TRI) on Jan. 7 at the 2019 International Consumer Electronics Show (CES) in Las Vegas unveiled the TRI-P4 automated-driving test vehicle. The P4 is a fifth-generation Lexus LS sedan fitted with autonomous driving systems TRI is developing under its Chauffeur and Guardian programs.
Michael 50 1

Schumacher tribute at Ferrari Museum opens

AN exhibition honoring Michael Schumacher on Jan. 3 -- the 50th birthday of the seven-time Formula One world champion -- was opened at the Ferrari Museum in Maranello, Italy.
Aston Martin DBX 1

The Aston Martin DBS proves profitability often trumps brand heritage

It’s an interesting question that deserves to be debated in marketing classes. Which one is more important: to improve a company’s profitability or to stay true to its brand heritage? It’s a corporate quandary that I’m sure countless companies have argued over -- something that is quite common in the automotive industry.
FX reserves currencies

December FX reserves top BSP forecast

FOREIGN EXCHANGE reserves recovered in December on the back of higher gold valuations and bigger foreign investment gains, to settle above the central bank’s yearend projection.
Rosalia V. de Leon

Philippines launches 10-year US dollar bonds

THE PHILIPPINES launched a 10-year US dollar bond issue on Monday, making it the first country in Asia to tap the global debt market this year, according to capital markets publication Refinitiv IFR.