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Daily Archives: June 4, 2019 | 11:56 pm

SSS sets expanded maternity leave eligibility date at March 11

THE Social Security System (SSS) issued guidelines on the payment of the expanded maternity benefits following the singing of a law in February, setting the eligibility date at March 11 for those making claims for child deliveries, miscarriages, and emergency terminations.
grocery inflation

FDA identifies 5 brands violating product standards for vinegar

THE Food and Drug Administration (FDA) on Tuesday identified five brands of vinegar found to have used synthetic acetic acid, in possible violation of food labeling rules which require vinegar producers to use fermented sugarcane and other such crops as their raw material.
assembly line factory

ASEAN Nikkei PMI tuns more positive in May as orders pick up

MANUFACTURING activity expanded in May in the Association of Southeast Asian Nations (ASEAN), driven by expansions in output and new orders, according to the Nikkei ASEAN Manufacturing Purchasing Managers’ Index (PMI) prepared by IHS Markit.

Readiness for workforce change in region requires education reform, collaboration, experts say

THE Asia Society said it backed improving education systems and providing upskilling programs in collaboration with all stakeholders as a means of preparing the region for the changing nature of the workplace.

PHL now seen least likely in Asia to benefit from US-China trade war

THE Philippines was the least likely to benefit from the United States-China trade war out of 13 Asia-Pacific economies, Japanese banking group Nomura said in a report, which assessed their first quarter trade performance.

Online hiring activity rises 11% year on year in April

JOB RECRUITMENT site Monster.com said April online hiring activity rose 11% year on year led by strong growth in the fast-moving consumer goods segment.

DA to discuss greater Japan access for PHL produce

THE Department of Agriculture (DA) said it is set to meet with a Japanese government delegation to tackle greater access for some Philippine agricultural products to Japan.
Bataan Freeport

Bataan freeport bills ratified in House, Senate

THE House of Representatives and the Senate ratified on Monday the bills that seeks to expand the powers and functions of Authority of the Freeport Area of Bataan (AFAB).

Congress ratifies Solar Para sa Bayan bill

THE House of Representatives and the Senate ratified on Monday the proposed measure granting a renewable energy distribution franchise to Solar Para Sa Bayan Corp. (SPSBC).
Department of Finance (DoF)

Finance dep’t sets 2022 target date for rolling out e-invoicing system

THE Department of Finance (DoF) hopes to fully implement the electronic invoicing system by December 2022, resulting in administrative savings for the government and streamlining of tax processes, the Department of Finance said.
power lines

Luzon grid goes on six-hour yellow alert Tuesday

THE Luzon grid went on yellow alert for six hours Tuesday as power reserves thinned.

Palace: Comelec has legal basis to drop Smartmatic

MALACAÑANG on Tuesday said there is enough legal basis to drop the partnership of the Commission on Elections (Comelec) with Smartmatic, saying the company “has not been efficient” in the previous elections.

Duterte reshuffles MWSS board

PRESIDENT Rodrigo R. Duterte has appointed retired Army General Ricardo C. Morales as a member of the Board of Trustees of the Metropolitan Waterworks and Sewerage System (MWSS), replacing the Board’s Vice Chairperson Reynaldo V. Velasco.


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ACCRALAW co-founder Teodoro D. Regala, 85

LAWYER Teodoro D. Regala, one of the leading figures in the country’s legal profession and a co-founder of the Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALAW), passed away on June 1. He was 85.

Malacañang tells DoJ to get back P60M from Tulfo’s Bitag Media

MALACANAÑG ON Tuesday reiterated that the Department of Justice (DoJ) should move to have the P60 million paid by the Department of Tourism (DoT) to Bitag Media Unlimited Inc. for ad placements at government network PTV-4 returned to the government.

DoJ submits estafa case vs Advincula for resolution

THE DEPARTMENT of Justice (DoJ) has submitted for resolution the estafa complaint against Peter Joemel Advincula in connection with the beauty pageant he organized in 2018, after he did not show up again in the preliminary investigation.

New flood control structure completed along Marikina River

A NEW flood control structure along the right bank of the Marikina River in Barangay Batasan Hills, Quezon City has been completed, the Department of Public Works and Highways (DPWH) announced.

UPLB gets PPP Center support for agro-industrial, IT parks

THE PUBLIC-Private Partnership (PPP) Center has approved the provision of project preparation and transaction advisory support for the 70-hectare Agro-Industrial and Information Technology Parks Project of the University of the Philippines Los Baños (UPLB) in Laguna.

Incoming Cebu governor sends letter anew to stop Capitol Resource Center project

CEBU GOVERNOR-elect Gwendolyn F. Garcia has again asked the outgoing provincial administration to stop the construction of the 20-storey Capitol Resource Center, a brainchild of Governor and now vice governor-elect Hilario P. Davide III.

CA affirms Ombudsman decision vs Junjun Binay

THE COURT of Appeals (CA) affirmed the 2017 Ombudsman decision perpetually denying former Makati City mayor Jejomar Erwin “Junjun” S. Binay from holding public office.

BARMM chief minister calls for support in building a ‘better Bangsamoro’ in Eid’l Fitr...

BANGSAMORO AUTONOMOUS Region in Muslim Mindanao (BARMM) Chief Minister Alhadj Murad Ebrahim called for support towards a “better Bangsamoro” as the Islam community, along with the rest of the nation, observes the Eid’l Fitr holiday.

Comelec approves withdrawal of Duterte Youth nominees

THE Commission on Elections (Comelec) on Tuesday has withdrawn the five original Duterte Youth nominees but has yet to decide if National Youth Commission (NYC) Chair Ronald Gian Carlo L. Cardema will be the first nominee of the youth party-list group.

Senators doubt ROTC bill to pass in 17th Congress

THE proposed bill reinstating the Reserve Officers’ Training Course (ROTC) program in senior high school will not hurdle the 17th Congress, even as President Rodrigo R. Duterte certified it as urgent.

Palace lifts ban on official trips to Canada

MALACAÑANG on Tuesday said it has lifted its ban on “official trips” to Canada.

PBA: Magnolia Hotshots return to action today

FOLLOWING a successful run in the previous Philippine Basketball Association tournament where they finished runner-up, the Magnolia Hotshots Pambansang Manok make their Commissioner’s Cup debut, taking on the Alaska Aces in the scheduled double-header today at the Smart Araneta Coliseum.

Halep and Djokovic storm into French quarterfinals

PARIS -- Defending champion Simona Halep continued to tighten her grip on the French Open as she demolished Polish teenager Iga Swiatek to reach the quarterfinals on Monday.

Jollibee and PRFU renew partnership for PHL Volcanoes’ campaign

JOLLIBEE continues its partnership with the Philippine Rugby Football Union (PRFU) to support not only the Philippine Volcanoes, but also the PRFU leagues and PRFU Get Into Rugby youth development program.

Thompson questionable for Game 3; Looney out

LOS ANGELES -- Golden State Warriors guard Klay Thompson is questionable for Game 3 of the NBA Finals after an MRI exam on his injured left hamstring revealed only a strain, the team announced Monday evening.

Cleanfuel-Motul Racing Team fires opening salvo at Formula V1

THE Cleanfuel-Motul Racing Team dominated the first round of 2019 Formula V1 Challenge in Batangas Racing Circuit.

MLB: Scherzer strikes out 15 in Nationals win

LOS ANGELES -- Nationals ace Max Scherzer allowed just one run and three hits with a season-high 15 strikeouts over eight masterful innings as Washington defeated the host Cincinnati Reds 4-1 on Sunday in the rubber match of their three-game series.

Philam 7s Football League returns with Vitality KAMPEON 7s Cup on July 27-28

WEEKS AFTER the conclusion of the Philam Life 7s Football League Season 3 Manila, the sport will return with the first-ever Philam Vitality KAMPEON 7s Cup slated this coming July 27 and 28 at the McKinley Hill Stadium in Taguig City.

Meralco Youth Rapid chessfest set on June 9

THE FIDE-Rated Meralco Youth Rapid Chess tourney will unfurl on Sunday, June 9 at the Multi-Purpose hall, Meralco compound, Ortigas Avenue, Pasig City.

Fines and more fines

The first two weeks of the Philippine Basketball Association Commissioner’s Cup have been eventful in more ways than one.

Walking wounded

As if the Warriors needed more obstacles to come between them and a third consecutive National Basketball Association championship, their return home was greeted by news that slotman Kevon Looney looks to be out for the remainder of the Finals with a fractured collarbone. With Kevin Durant still decommissioned by a right calf strain, DeMarcus Cousins nowhere near to peak form just six weeks removed from a left quadriceps muscle tear, and Andre Iguodala playing through a left leg injury, the last thing they needed was yet another development that portrayed them as walking wounded.
PSE

PHL shares tumble as Nasdaq corrects on tech

LOCAL STOCKS failed to sustain their climb on Tuesday, reflecting the performance of the Nasdaq index which fell as US technology shares tumbled on antitrust concerns.

Peso climbs to six-week high as Fed official hints at cut in rates

THE PESO strengthened further against the dollar on Wednesday to hit a six-week high as market participants priced in dovish pronouncements from the US central bank.

Social entreprise forum celebrates innovation, inclusion, and impact

In today’s increasingly interconnected world, the most prevalent issues we face are not limited by borders. The consequences of climate change, rampant poverty, and...

Factory output declines for the fifth straight month in April, worst in almost a...

Industrial production posted its fifth straight month of decline in April as well as suffering its biggest drop in almost a decade, the Philippine...

Factory activity growth recovers in May

MANUFACTURING in the country picked up in May after business for factories improved at the slowest pace in nine months in April, with the increase in new orders “the most marked in four months” on the back of a “moderate” improvement in demand that was nevertheless “the greatest since February,” according to the latest monthly survey IHS Markit conducted for Nikkei, Inc.
Vietnamese factory worker

Recession fears grow as manufacturing shrinks in Asia

HONG KONG -- Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policy makers in the region and beyond to roll out more stimulus.

Senate approves proposed tobacco tax hike

SENATORS on Monday approved on third and final reading a proposal to increase excise taxes on tobacco products to P60 by 2023, a day before the 17th Congress ends.

Outdated real property valuation seen depriving LGUs some P30.5 billion

THE FINANCE department (DoF) estimates that local government units (LGUs) have been foregoing about P30.5 billion in collections a year under the current system for updating schedules of market values (SMV) for real property tax, which has proven impractical for political reasons.

Romero ups stake in AirAsia PHL operator ahead of planned IPO

THE Romero-led F&S Holdings, Inc. increased its stake in the operator of Philippines AirAsia, Inc. to become the single largest shareholder in the low-cost carrier ahead of its planned initial public offering (IPO) later this year.

Petron’s preferred share offer gets SEC go signal

THE Securities and Exchange Commission (SEC) has given the green light for Petron Corp. to offer perpetual preferred shares worth up to P20 billion.

Palmary invests in PhilWeb

PHILWEB Corp. has signed a P292-million share purchase agreement (SPA) with Palmary Corp., as the firms embark on the joint development of their electronic bingo (e-bingo) businesses starting this month.