Home 2019 June 10

Daily Archives: June 10, 2019 | 10:18 pm

Grab drivers seek amnesty for uncertified operators

DRIVERS and operators of Grab Philippines (MyTaxi.PH, Inc.) are seeking an amnesty from the government for failure to obtain a certificate to operate as transport network vehicle service (TNVS), which led to the deactivation of 8,000 vehicles from the ride-hailing platform yesterday.
business permit renewal desk

PCCI urges agencies to commit to corruption-free dealings

THE Philippine Chamber of Commerce and Industry (PCCI) said government agencies, including local government units (LGUs), need to make public declarations renouncing corrupt practices to help improve the investment environment.
power lines

ERC sets hearing on Mindoro wind project connection to Napocor line

THE ENERGY Regulatory Commission (ERC) said it will hold this month a hearing to evaluate the Philippine Hybrid Energy Systems, Inc.’s (PHESI) application to develop, own and operate a transmission line that will connect its 16-megawatt wind farm in Oriental Mindoro to one of National Power Corp.’s transmission lines.
Climate Change Commission logo

CCC tells investors to seize opportunities in renewable energy

THE Climate Change Commission (CCC) said the renewable energy sector is among the “biggest” opportunities for investment amid the global shift by companies seeking ways to pursue a greener energy strategy.

NCR mango sales seen absorbing half of surplus

THE Department of Agriculture (DA) said it expects to sell at least one million kilos of mangoes in Metro Manila through the Metro Mango Marketing Program, helping farmers dispose of this season’s bumper crop which was not anticipated because of a failure of coordination and monitoring.

CoA blames jail overcrowding on drug cases, slow courts

THE COMMISSION on Audit (CoA) has found that the total jail population was 111,046 in 2018, far exceeding the “ideal” capacity of Philippine prisons of only 25,268.
Malacañang Palace

Palace EO expands Clark industrial estate’s authorized activities

PRESIDENT Rodrigo R. Duterte has issued an executive order reclassifying the Clark Industrial Estate 5 (IE5) as an international center of commerce, industry, leisure and recreation.
Bernadette Romulo-Puyat

Philippines to bid for hosting rights to world tourism conference in 2021

THE Philippines will be bidding to host the next United Nations World Tourism Organization (UNWTO) General Assembly in 2021, with other Asian countries expressing support for the bid.
Supreme Court

Filipino curriculum backers cite absence of SC oral arguments

ALYANSA ng mga Tagapagtanggol ng Wikang Filipino (Tanggol Wika) on Monday filed a protest against the Supreme Court’s (SC) March 5 resolution denying its motion to halt the exclusion of Filipino as a core university subject.

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Ease of doing business at the BIR

A few weeks ago, I attended the first anniversary celebration of the Ease of Doing Business Law (Republic Act No. 11032) at the Philippine International Convention Center. RA No. 11032 was signed on May 28, 2018 and became effective on June 17, 2018. Many stakeholders and government officials were present to witness this milestone, all curious how the law has improved government services since its effectivity. Anniversaries are always nostalgic, as they force us to look back and see what has been accomplished in the past year.

Facing up to the managerial challenges of the Fourth Industrial Revolution

The theme of the World Economic Forum (WEF) which was held in Davos, Switzerland over the four-day period of January 22–25, 2019, was “Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution.”

MORE employment and labor productivity

The Philippine Statistics Authority (PSA) released the Labor Force Survey (LFS) April 2019 last week and the result was generally good compared to April 2018: both unemployment and underemployment rates in 2019 have significantly declined, and labor force participation rate (LFPR) has increased. Thus, the labor force Q1 data seem to contradict the GDP Q1 data where growth has decelerated further.

Lightweights for Speaker

“I am the Speaker, I can always impeach the President,” Speaker Pantaleon Alvarez was supposed to have boasted, according to the President’s daughter Sara Duterte-Carpio. If he did, he must have considered himself in a position of power. However, Mr. Alvarez denied he made such a statement.

Why the opposition lost in the 2019 Midterm (Senatorial) Elections

The opposition lost. Not one of the Liberal Party (LP)-dominated “Otso Diretso” senatorial contenders made it to the 12 Senate seats up for grabs. Not even its frontrunner candidate Bam Aquino who was a reelectionist or Mar Roxas who topped the 2004 senatorial race (15 years ago!), both with outstanding legislative track records to their credit, made it against the other reelectionist senators and political newcomers who ran under the President’s ruling party The Partido Demokratiko Pilipino–Lakas ng Bayan (PDP–Laban) or under Davao City Mayor Sara Duterte-Carpio’s regional party, Hugpong ng Pagbabago (HNP). To date, questions about the integrity of the 2019 midterm elections remain in public discourse.

Excitement over tall PHL team for World Cup U19

THE Philippine national youth team will see action at the 2019 FIBA U19 World Cup in Greece beginning later this month boasting one of the taller lineups in the squad’s rich history that has many excited.

Nadal racks up 12th French crown

PARIS -- Defying the years and one of the most fierce onslaughts he has ever faced at Roland Garros, Rafa Nadal won his 12th French Open crown on Sunday, leaving Dominic Thiem crushed and a packed Parisian stadium shaking their heads in wonder.

Aces look to sustain fine form after third win in a row

SEEMINGLY having found their collective groove and form in the ongoing Philippine Basketball Association (PBA) Commissioner’s Cup, the Alaska Aces look sustain it as they go deeper in the tournament.

Cabuyao bet wins Meralco Chess tourney

JEREMY MARTICIO, a grade 8 student of Pulo National High School in Cabuyao City, Laguna dominated the Meralco Youth Rapid Chess tourney last Sunday at the Multi-Purpose hall, Meralco compound, Ortigas Avenue, Pasig City.

Moscow Grand Prix

With the change of administration of the World Chess Federation (FIDE) there have been some rule changes in the qualification process for the world chess championship.

Durant-less Warriors

Kevin Durant finally trekked to the court with his teammates the other day. In the intervening month since he was sidelined late in Game Five of the Golden State Warriors’ semifinal-round series due to a right calf strain, he had seen them crest with defining performances to earn a fifth straight attempt at claiming the Larry O’Brien Trophy. In dispatching the Rockets and Blazers en route, they appeared to show they would do just fine without him. Against the Toronto Raptors, though, their supposed progress in his absence proved to be fool’s gold. And, with a lone win to their name after four matches in the Finals, they found themselves needing his services simply to survive. Needless to say, his presence in their short practice on the eve of Game Five was a decidedly welcome one.

Shares climb as Trump suspends Mexico tariffs

SHARES firmed up on Monday following the positive performance of international markets last week.

PhilHealth execs asked to resign as probe starts

PRESIDENT Rodrigo R. Duterte has asked the board members of the Philippine Health Insurance Corporation (PhilHealth), including Chief Executive Officer (CEO) Roy B. Ferrer, to turn in their resignation, according to Senator-elect Christopher Lawrence T. Go.
peso bills

Peso declines further vs dollar

THE PESO weakened against the dollar on Monday, tracking regional currencies as the rally in emerging markets (EM) eased following weak China trade data.

Duterte vows solutions to Manila airport woes

AMID REPORTS of flight delays and cancellations, President Rodrigo R. Duterte on Monday made a surprise visit at the Ninoy Aquino International Airport (NAIA)-Terminal 2, according to Presidential Spokesperson Salvador S. Panelo.

Provincial prosecutor survives shooting in Oriental Mindoro

A PROVINCIAL prosecutor from Oriental Mindoro was shot Monday morning, sustaining five gunshot wounds and was to undergo surgery, an official from the Department of Justice (DoJ) said.
Silvestre H. Bello III

International group calls on Bello to investigate killings of local labor leaders

AN INTERNATIONAL labor coalition is calling on Department of Labor and Employment (DoLE) Secretary Silvestre H. Bello III to investigate the death of a local labor leader, the 43rd such case since President Rodrigo R. Duterte assumed office in June 2016.

Duterte concedes shift to federalism unlikely during his term

PRESIDENT RODRIGO R. Duterte, who is midway into his six-year term, has said that the proposed shift to federalism, one of his campaign battle cries, may not be doable before he steps down.

Former police intelligence head is new PDEA chief

PRESIDENT RODRIGO R. Duterte has appointed Gregorio R. Pimentel as new Deputy Director-General of the Philippine Drug Enforcement Agency (PDEA).

Independence Day marks

Philippine flags are on display at the Araneta Center In Cubao as the country prepares for the 121st Philippine Independence Day celebration on June 12, a national holiday. In Caloocan, a worker cleans around the Bonifacio Monument, one of the main venues of the commemoration activities.

Cebu tourism sector eye sea transport development to avoid congested roads

THE DEPARTMENT of Tourism-Central Visayas (DOT-7) is now in talks with the Cebu Ports Authority (CPA) for the development of an intra-province sea transportation access to serve as an alternative to land travel.

Police chief admits failure of intelligence in journalist’s arrest but makes no apologies

PHILIPPINE NATIONAL Police (PNP) chief General Oscar D. Albayalde admitted there was a failure of intelligence after cops arrested a journalist whom they mistaken for a wanted person.

DENR-12 takes steps to protect areas where Philippine eagles have been spotted in SOCCSKSARGEN

THE DEPARTMENT of Environment and Natural Resources (DENR)-Region 12 is stepping up its campaign to help protect the Philippine Eagle by securing areas where they have been spotted.

Nation at a Glance — (06/11/19)

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

The Future of Business: Next-Wave Disruptions & Opportunities

Keynote Speech of Jaime Augusto Zobel de Ayala, Chairman and CEO of Ayala Corp., at the BusinessWorld Economic Forum Former Prime Minister Cesar Virata; Hon....

On redefining the future of business

By Bjorn Biel M. Beltran, Special Features Writer In fast-changing times, it is the responsibility of leaders and visionaries to redefine what it means to contribute...

Assessing the technological shifts driving the future workplace

By Adrian Paul B. Conoza, Special Features Writer Changes in the workplace have been more imminent than before with the arrival of new technologies and a...

Grappling with tech-fueled disruptions in the retail industry

Technological innovations have turned the world of retail upside down. More and more consumers are using their mobile devices to shop instead of going...

Dealing with the most constructive yet destructive force in the financial sector

By Mark Louis F. Ferrolino, Special Features Writer For several decades, traditional banks have held a dominant market share with little modification to their business models....

The exciting possibilities of next-generation technologies

The global economy is undergoing disruptive changes prompted by the emergence and adoption of technologies such as mobile and cloud computing, cryptocurrency, the Internet...

More economic measures pushed

THE 17TH CONGRESS, which closed its third and last regular session on Tuesday, passed an “acceptable” number of laws, key officials of business chambers said, but noted the lack of measures on economic liberalization.

SSS hires fund managers for P7B in investments

THE Social Security System (SSS) has hired local fund managers to manage P7 billion of its Investment Reserve Fund (IRF) over two years to boost its financial standing, it said in a statement over the weekend.

DICT hopes to give Mislatel permit to operate this month

THE Department of Information and Communications Technology (DICT) said it is targeting to award the Mislatel consortium with its frequencies and permit to operate by the end of this month, as the incoming third telecommunications player expects to begin operations by 2020.

G20 finance chiefs to say trade row ‘intensified’

FUKUOKA, JAPAN -- Group of 20 finance leaders said on Sunday that trade and geopolitical tensions have “intensified” but failed to express a pressing need to resolve them, in a final draft communique that said global growth is likely to pick up.

Megaworld wants townships to switch to RE sources by 2025

MEGAWORLD Corp. wants all of its townships to be fully reliant on renewable energy sources by 2025, in a bid to make its developments sustainable for the future.