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Monthly Archives: April 2019

endo protest

Unions push for passage of bill banning ‘endo’ before Congress adjourns

LABOR LEADERS renewed their call to legislators and lawmakers to finally pass the Security of Tenure (SoT) Bill before the Congress adjourns late next month.
electric meter ERC

Makabayan bloc asks SC to rule on legality of Meralco deposits

THE Makabayan bloc filed a petition before the Supreme Court (SC), questioning the legality of the bill deposits collected by Manila Electric Co. (Meralco) from its consumers.
Carlos G. Dominguez III

PHL to join Southeast Asian disaster insurance program next month

THE PHILIPPINES will sign a Memorandum of Understanding (MoU) in May to participate in the Southeast Asia Disaster Risk Insurance Facility (SEADRIF), joining five other fellow ASEAN members and Japan.
Asian Development Bank (ADB)

ADB future programs for PHL to focus on social assistance, flood control

THE ASIAN Development Bank (ADB) said it operations in the Philippines between 2020 and 2022 will focus on social assistance, education and flood control among others.
National Economic and Development Authority (NEDA)

NEDA, UNICEF launch tracker for Sustainable Development Goals

THE NATIONAL Economic and Development Authority (NEDA) said it launched a a website tracking the Philippines’ progress in meeting the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs).
Cagayan North Intl Airport

CEZA signs property deals with Chinese firms

THE Cagayan Economic Zone Authority (CEZA) said it signed deals with Chinese businesses planning to invest $3.9 billion in projects first unveiled at the Belt and Road Initiative Forum in Beijing.
A layman’s take on labor contractualization

A layman’s take on labor contractualization

Still of particular interest in the Labor Day discussions is the issue on the contractualization of labor. More popularly known as “endo” or the 5-5-5 arrangement, this practice started in the mid-70s as a response to alarming unemployment. For the uninitiated, the term “endo” was coined from “end of contract.” On the other hand, 5-5-5 stands for three cycles of five-month contracts, a cunning ploy that makes workers in every contract a month shy from being regularized into the company, given the mandate of the law to make workers who have stayed for six months permanent. Right off the bat, you can understand why this is such a controversial issue.
IPO

IPR and MORE investments

A report in BusinessWorld reiterated the value of IPR protection: “PHL remains out of US IPR watch list for 6th year’ (April 27, 2019)
Eenie meenie mini mor, who should I vote for senator?

Eenie meenie mini mor, who should I vote for senator?

I have just filled out my ballot as an overseas Filipino qualified to vote in the May 13, 2019 midterm elections. While we are outside the Philippines, dual citizens like me are entitled to vote for party-list contenders and for national officials -- in this case, senatorial candidates.
No storage needed

No storage needed

QUANTITIES of most consumer items now come in single-serve sachets. This recognizes the consumption patterns for the solo customer living alone, sometimes not even with an occasional drop-in maid service.
1000 peso bills

Peso ends flat vs dollar ahead of FOMC review

THE PESO closed flat against the dollar on Tuesday after treading a wide range as the market stayed on the sidelines ahead of the US central bank’s policy meeting.
PSE bell

PSEi climbs to 7,900 level on GDP, inflation bets

THE MAIN INDEX ran past the 7,900 level on the last trading day of April, as investors were upbeat on the release of gross domestic product (GDP) and inflation data next week.
Rodrigo R. Duterte

Duterte to stick to bilateral talks with China

PRESIDENT Rodrigo R. Duterte prefers a bilateral over a multilateral approach to the unresolved maritime dispute concerning the West Philippine Sea, Malacañang said on Tuesday.
Grace S. Poe-Llamanzares

Villar, Poe tie in poll

REELECTIONIST Senator Grace S. Poe-Llamanzares has tied with fellow reelectionist Cynthia A. Villar on the top spot in Pulse Asia’s Pre-Electoral Nationwide Survey, about two weeks ahead of the midterm polls on May 13.

Record-high increase among top gov’t agencies in SWS poll

THE top government agencies as well as President Rodrigo R. Duterte’s Cabinet posted “record-high” increases in a first quarter poll by the Social Weather Stations.


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Rappler joined by journalists in SC petition on presidential ban

FORTY-ONE (41) journalists from various media organizations joined Rappler in its bid to the Supreme Court (SC) to nullify President Rodrigo R. Duterte’s banning the online news site’s reporters from covering events he attends.
Comelec logo

Comelec to announce majority, minority parties this week

THE COMMISSION on Elections (Comelec) will announce the names of the dominant majority and minority parties for the May 13 elections this week, according to Comelec Spokesperson James B. Jimenez.

Marcos Bridge eastbound side to be closed starting May 4

THE EASTBOUND side of Marcos Bridge in Marikina City will be closed starting Saturday, May 4, at 11 p.m. for rehabilitation work that is expected to last for eight-months, the Metropolitan Manila Development Authority (MMDA) announced on Tuesday.

Western Visayas economy seen to bounce back after 2018 slowdown due to Boracay closure

ILOILO CITY — The six-month temporary closure of Boracay Island last year contributed significantly to the slowdown of Western Visayas Region’s economic growth, but a recovery is expected despite the regulated entry for tourists and stricter rules now being implemented on the island resort.

Sister provinces Cebu and Fujian eye mushroom production project

CEBU AND its sister province Fujian in China are looking at the introduction of a mushroom-farming technology to local producers as a new area of cooperation.

Davao City agri office to seek fund for El Niño-affected areas; state of calamity...

THE DAVAO City administration is unlikely to recommend a state of calamity declaration with less than 20% of the population affected by the prevailing El Niño phenomenon based on the impact assessment submitted by 13 of its 182 barangays.

Duterte signs EO setting up inter-agency cluster, guidelines for normalization process in Bangsamoro region

THE EXECUTIVE Order (EO) setting up an inter-cabinet cluster mechanism for the “timely” implementation of the normalization program in the new Bangsamoro region has been signed by President Rodrigo R. Duterte.

Caught on camera

Three of the Philippines’ endemic animals have been caught on camera at the buffer zone of Mt. Hamiguitan Range Wildlife Sanctuary in Davao Oriental with the ongoing 160-day trapping activity being undertaken by the Department of Environment and Natural Resources-Davao (DENR-11).

Nation at a Glance — (05/01/19)

News stories from across the nation. Visit www.bworldonline.com (section: The Nation) to read more national and regional news from the Philippines.
San Miguel Beermen v Magnolia Hotshots Pambansang Manok

Beermen, Hotshots begin best-of-7 PHL Cup Finals

THE season-opening PBA Philippine Cup hits the championship phase beginning today with familiar foes San Miguel Beermen and Magnolia Hotshots Pambansang Manok getting their best-of-seven series going with Game One at the Smart Araneta Coliseum.
UST Golden Tigresses

Playoff for UAAP second seed up today

THE ELIMINATION round of the women’s volleyball tournament of Season 81 of the University Athletic Association of the Philippines goes into overdrive today with the defending champions De La Salle Lady Spikers and University of Santo Tomas Golden Tigresses disputing the second seed in a one-game playoff at the FilOil Flying V Arena in San Juan City.
Ceres-Negros FC

AFC Cup: Ceres-Negros seeks to secure top spot in Group G in Myanmar

UNDEFEATED in four matches to date in Group G of the 2019 AFC Cup, Ceres-Negros FC seeks to win its fifth straight and in the process to secure the top spot in the grouping when it plays Shan United FC in Myanmar today.
Stephen Curry and Courtney Kirkland

Three late non-calls were wrong in Rockets-Warriors series opener

LOS ANGELES -- The NBA’s Last Two Minute report displays there were three incorrect non-calls in the final 71 seconds of Sunday’s game between the Houston Rockets and the Warriors -- all of which went in favor of Golden State.

Philadelphia ends Canadian curse

LOS ANGELES -- Jimmy Butler scored 30 points and added 11 rebounds as the visiting Philadelphia 76ers defeated the Toronto Raptors 94-89 Monday night to even their Eastern Conference semifinal series at one win each.

MPBL: Basilan Steel and Zamboanga retool lineup ahead of coming season

BASILAN and Zamboanga, two teams from the Mindanao region, had started to build up ahead of the coming season of the Maharlika Pilipinas Basketball League (MPBL).
Punta Fuego Busuanga Race

Capt. Napoleon rules Punta Fuego-Busuanga Race

IN A REGATTA dominated by unpredictable wind conditions, Captain Napoleon, sailing two-handed, mastered the conditions to win the Cruising Class in the recent Punta Fuego to Busuanga Race.

UAAP volleyball Final Four

The elimination round of the women’s volleyball tournament in Season 81 of the University Athletic Association of the Philippines is technical not yet over as two teams are still to dispute the second seed in a one-game playoff today. But the semifinal protagonists are already known and, boy, the Final Four of women’s play should be a good one.

Sixers even series

Game One of the semifinal-round affair between the Raptors and the Sixers proved quite a shocker to not a few pundits. It wasn’t simply that the hosts finally stopped a disturbing streak of losses in series openers. It was how they did so, banking on seminal performances from prospective franchise cornerstone Kawhi Leonard and breakout performer Pascal Siakam to hold supposedly solid rivals in abeyance. Essentially, they got the shots they wanted at the times they desired; they just couldn’t be stopped.

How Mineski’s growth mirrors the growth of the local esports industry

Reporting Mark Louis F. Ferrolino Video Paolo L. Lopez Illustration Fortunato V. Dañas Editor Sam L. MarceloRonald Robins, founder and chief executive officer of the largest electronic sports (esports) organization in...
assembly line factory

S&P sees little factory boost for GDP

THE PHILIPPINES and many other major Asia-Pacific economies will not be able to rely on manufacturing to fuel growth just yet, S&P Global Ratings said in an April 29 report, noting that “despite improvement in PMI (purchasing managers’ index) data, the region’s industrial production data continue to be weak.”
construction workers

TUCP set to file wage hike pleas outside NCR

THE Trade Union Congress of the Philippines (TUCP) on Monday filed a fresh petition for an across-the-board wage increase for Metro Manila’s private sector workers amounting to P710, and said it was preparing a similar application for Central Visayas.
euro banknotes

Euro bond road shows completed this week

THE GOVERNMENT plans to determine next week when to price its planned benchmark-sized euro-denominated notes, after getting feedback from institutional investors in Europe at road shows that end this week, the Bureau of the Treasury (BTr) said.
Benjamin E. Diokno

BSP rate cut a matter of timing as oil rises — Diokno

BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno said it is only a matter of timing as to when monetary policy is eased after last year’s series of interest-rate increases, even as authorities monitor oil prices.
Meralco-facade

Meralco core net income rises 14% in Q1

LISTED distribution utility Manila Electric Co. (Meralco) said its core net income rose 14% to P5.6 billion in the first quarter, despite a “modest” 2% growth in energy sales volume.

Indian firm takes over Splash

SPLASH CORP., maker of Maxi-Peel soap and SkinWhite lotion, has been acquired by Bangalore-based Wipro Consumer Care (WCC) for about P9 to 11 billion.

Asia’s longest-serving directors can be found in the Philippines

FAMILY-LED enterprises are common across Asia yet the Philippines takes such control to the extreme.
The Legend Palawan Hotel

Hotel aims to take advantage of booming tourism in Palawan

CELEBRATING its 20th anniversary, Legend Hotel International Corp.’s (LHIC) Puerto Princesa hotel is targeting to take advantage of the booming tourism industry in Palawan.

AC Energy to start Vietnam wind projects in 2020

AC Energy, Inc. expects to break ground early next year on several wind projects in Vietnam with its three existing partners in the regional neighbor in time for the feed-in tariff deadline in November 2021, its top official said.

KMC secures investment to drive expansion

FLEXIBLE working space provider KMC Solutions said it has recently secured an investment from ASEAN Industrial Growth Fund (AIGF) which will help fuel its expansion activities in the Philippines.

ICC ruling on Malampaya tax case seen to boost exploration activities

THE Department of Energy (DoE) welcomed the decision of the International Chamber of Commerce (ICC) in Singapore on its arbitration of the $1.1-billion tax case between the Malampaya consortium and the Commission on Audit (CoA).