Home 2019 March 10

Daily Archives: March 10, 2019 | 11:52 pm

Rolando G. Andaya

Andaya dares Senate to allow Palace to veto ‘flawed’ budget

HOUSE APPROPRIATIONS committee chair Rolando G. Andaya, Jr. of the 1st district of Camarines Sur on Sunday told Senators to let President Rodrigo R. Duterte decide on whether to veto provisions of the 2019 General Appropriations Bill (GAB) amid alleged “manipulation” of the budget after it was approved by both chambers.

DoLE seeking tripartite deal for ECoP’s regularization scheme

LABOR Secretary Silvestre H. Bello III said his department is still in negotiations to get unions to sign off on the delayed voluntary regularization plan proposed by the Employers Confederation of the Philippines (ECoP), in the hope that the plan will become a tripartite deal.
gender gap

Gaps in gender pay, employment proving difficult to close — ILO

WAGE and employment inequality between men and women remains an issue globally, according to a report from the International Labor Organization (ILO).
Court of Tax Appeals

CTA denies P81.6-M Maibarara tax refund claim

THE Court of Tax Appeals (CTA) denied for lack of merit the P81.6-million tax refund claim of a geothermal power generator, citing its failure to comply with the requirements for tax refund claims under the Tax Code.
HEAD

HEAD building tennis ball plant near Cagayan de Oro

TAGOLOAN, MISAMIS ORIENTAL -- PHIVIDEC Industrial Authority said it expects HEAD, which makes racquet sports equipment and skis, to start building a plant for tennis balls in Misamis Oriental next year.

Gov’t borrowing rises 3.2% in 2018

GOVERNMENT borrowing grew 3.2% in 2018 to its highest level in six years, the Bureau of the Treasury said.
power lines

Power-line obstruction bill could still pass before Congress closes

A BILL penalizing the construction of structures that interfere with power transmission still has a chance to pass before the 17th Congress before it adjourns on June 7, the bill’s sponsor said.


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How non-financial reports can tell your value creation story

Of late, a number of companies in the Philippines have been releasing non-financial reports, either called “Environmental, Social and Governance (ESG) Reports,” or “Integrated Reports,” or “Sustainability Reports.” However, these are not yet mandatory. In fact, it was just recently that the Securities and Exchange Commission (SEC) released Memorandum Circular No. 4, which provides the sustainability reporting guidelines for publicly-listed companies on a “comply or explain” approach for the first three years of implementation, starting with the 2019 reporting period. In the absence of a reporting requirement, a key driver that has influenced companies to disclose non-financial information has been the demand from their investors for such reports.

Duterte’s Unfinished Revolution

President Rodrigo Roa Duterte has unfinished business.
business

How to professionalize SMEs

I am a frequent visitor to trade fairs organized by the Department of Trade & Industry, particularly the GoLokal fairs and the Manila Fame, a trade fair targeted towards foreign buyers. Each visit, I am amazed at the creativity and craftsmanship of Filipino-made products. While they are hard-pressed to compete with their equivalents from China on a price perspective, locally made goods are undoubtedly superior in terms of design and innovation. This is what keeps foreign buyers coming back year after year.

Why everyone should vote for Chel Diokno

I make a case for the candidacy of Jose Manuel I. Diokno, known as Chel to his friends. Chel is running for senator, but because he is unknown in Philippine politics, his awareness rating is low.

Changes at the Bangko Sentral

Department of Budget and Management (DBM) Secretary Benjamin Diokno is the new Governor of the Bangko Sentral ng Pilipinas (BSP) effective March 4, 2019.

Filipino doctors unite to help restore public trust in vaccination

The need to protect children amidst the measles outbreak in several regions of the country has galvanized the commitment of Filipino physicians to restore public trust and confidence in vaccination and increase the country’s immunization coverage.

DoJ to wrap up 2009 Ampatuan massacre case

A PANEL of prosecutors is set to “rest its case” on the 2009 Ampatuan massacre “by the middle of the year,” according to Justice Secretary Menardo I. Guevarra.
Michelle Bachelet

Diplomat seeks to correct Bachelet’s figures on drug war

PHILIPPINE Permanent Representative to the United Nations (UN) Evan P. Garcia has sought to have “corrected” the number of drug-related killings in the Philippines cited by UN High Commissioner for Human Rights Michelle Bachelet in her speech on the Philippines’ drug war at the 40th UN Human Rights Council session.

Big Hotel workers to lose jobs as management decides to close amid lease contract...

AT LEAST 300 workers stand to lose their jobs as Big Hotel, owned by Cenore Corp., is stopping operations following the closure order issued earlier by the Mandaue City government over the sublease contract on the property.

QC establishments must now have courtesy seats for PWDs, seniors

ALL ESTABLISHMENTS in Quezon City are now required to have courtesy seats for persons with disability, pregnant women, and senior citizens based on an ordinance recently approved by QC Mayor Herbert M. Bautista.

Dengue cases in Iloilo up at 669 in Jan-Feb

THE NUMBER of dengue cases in Iloilo province stood at 669 as of March 2, according to the Iloilo Provincial Health Office, much higher than the 171 reported for the full year 2018.
WesMinCom logo

Abu Sayyaf member killed, brother of sub-leader wounded in continued military operations in Sulu

A MEMBER of the kidnap-for-ransom group Abu Sayyaf was killed while a brother of a sub-leader was wounded in two encounters Saturday morning in remote parts of Sulu, the military reported.
Aragon Dam

Davao Oriental bans quarrying at main irrigation water source

DAVAO ORIENTAL’S provincial government has banned quarrying within the river that serves as the main water source of the Aragon Dam in Cateel town, considered as the biggest irrigation system in Mindanao.
Go Lokal 1

Go Lokal opens 1st shop in Mindanao

THE 103rd Go Lokal store was opened last Friday at the Abreeza Ayala Mall in Davao City, the first in Mindanao, featuring products from the different southern regions.

Duterte to distribute land ownership certificates in Davao City

PRESIDENT RODRIGO R. Duterte will lead the distribution of Certificates of Land Ownership Award (CLOAs) and turnover of common service facilities to agrarian reform beneficiaries in Davao City, his hometown, on March 15, Malacañang announced on Sunday.
San Miguel Beermen

Fajardo, Beermen sink Northport Batang Pier

THE defending PBA Philippine Cup champions San Miguel Beermen extended their winning streak to four games after defeating the Northport Batang Pier, 113-107, on Sunday in league action at the Smart Araneta Coliseum.
FEU Lady Tamaraws

FEU takes down Adamson in 5 sets

THE Far Eastern University Lady Tamaraws chalked up their third victory in a row in women’s volleyball of the University Athletic Association of the Philippines Season 81, taking down the gutsy Adamson Lady Falcons in five sets, 25-18, 17-25, 25-14, 22-25 and 15-8, on Sunday at the FilOil Flying V Arena in San Juan City.

Ateneo seizes solo UAAP lead with win over UP

THE Ateneo Lady Eagles took solo leadership in the University Athletic Association of the Philippines with a dominant straight-sets win over the University of the Philippines Lady Maroons, 25-21, 25-15 and 28-26, in their battle of top teams on Sunday.
Kai Sotto

Top-ranked juniors players captain NBTC All-Star Game

ATENEO Blue Eaglets’ Kai Sotto and La Salle Greenies’ Joel Cagulangan lead the cast of players seeing action at the 2019 National Basketball Training Center All-Star Game happening later this month.
Rene Catalan

Catalan ascent continues with first-round TKO win

FORTY-YEAR-OLD Filipino mixed martial arts fighter Rene “D’ Challenger” Catalan continued with his impressive ascent in ONE Championship, winning his sixth straight fight by way of an impressive first-round technical knockout victory over former world strawweight champion Yoshistaka “Nobita” Naito on Friday in Myanmar.
Giannis Antetokounmpo

Bucks beat the Hornets, first to notch 50 wins

LOS ANGELES -- Giannis Antetokounmpo had 26 points and 13 rebounds, Brook Lopez scored 25 points, and the host Milwaukee Bucks beat the Charlotte Hornets 131-114 on Saturday night.

US women’s soccer players sue federation for gender discrimination

LOS ANGELES -- The US women’s national soccer team sued the US Soccer Federation on Friday with allegations of gender discrimination just three months before they open their World Cup title defense in France.

MPBL Playoffs

The MPBL Playoffs will start Tuesday and just as expected, the Bataan Risers, Davao Occidental Tigers secured the top seed in the north and south divisions, respectively.

Feather in the cap

There’s no question that LeBron James’ climb to fourth on the National Basketball Association’s career scoring list was a singular deed that deserved significant recognition. If nothing else, it spoke of the four-time Most Valuable Player’s longevity and dependability, not to mention standing among the league’s all-time greats. Yet, his attainment of the milestone during the Lakers’ homestand against the Nuggets last Friday received a muted response at best, and not just because they had a losing record that effectively served to discount it.