Home 2019 June 13

Daily Archives: June 13, 2019 | 9:46 pm

Angat Dam

MWSS water quota from Angat Dam reduced

THE National Water Resources Board (NWRB) said it has reduced its June Angat Dam water allocation for the Metropolitan Waterworks and Sewerage System (MWSS) to 46 cubic meters per second (CMS) from 48 CMS in May due to the continuing effects of El Niño.

Huge funding requirement for teacher pay hikes

PRESIDENT Rodrigo R. Duterte said it may take time to honor a campaign promise to raise teachers’ salaries because there are “millions” of educators in government schools.

BMW exploring parts supply network in PHL

BMW AG is exploring the possibility of ordering more auto parts from the Philippines, according to the Department of Trade and Industry (DTI), which will organize a business matching event to line up potential suppliers for the German automaker.
Department of Energy (DoE)

Inspection of LGU-led power projects due for completion this year

THE Department of Energy (DoE) said it will complete within the year its inspection of power projects implemented by local government units (LGUs) covered by new rules allowing them to benefit financially from such projects.

CoA flags P74M of PDEA travel claims lacking supporting documents

THE Commission on Audit (CoA) said the Philippine Drug Enforcement Agency (PDEA) claimed P74 million worth of domestic travel expenses and transactions in 2018 with no adequate supporting documents, representing the bulk of its travel bill for the year.

PHL, Indonesia driving growth in wheat imports from US

SOUTHEAST ASIA is expected to be the top wheat importing region in 2018/2019 driven by demand from Philippines and Indonesia, the US Department of Agriculture (USDA) said.

Teachers’ plaint

Teaching is not about money but about public service, Education Secretary Leonor Briones told her constituents last week.

MORE passenger safety and the LTFRB

Passengers and commuters want convenient, safe, and faster mobility to reach their destinations. There is great inconvenience for people who take multiple rides (tricycle, jeep or bus, MRT/LRT, jeep again to destination, reverse the process going back home). Taking a taxi is good but there are many complaints like choosy drivers, robbery, or sex molestation inside the cab, etc.

The hubris of liberal progressive ‘education’

In essence, to be simple about it: we know that human nature has worked this way for millennia, we know that human experience showed us the limitations of human intellect and comprehension, that our beings come with certain flaws and restrictions.

A culture of blending in

FOR HOST COUNTRIES, one desirable trait of Filipino expats working there is their ability to adapt to the local culture, with its unwritten rules and taboos. This integration involves the right accent and peculiar turns of phrase. (How you doing? I’m good.) Beyond this verbal skill lies the adoption of the local work ethic (Filipino time is thrown out the window), attire, and observing special holidays like Thanksgiving and getting excited over the Super Bowl.
peso remittance

Peso slips on political concerns

THE PESO weakened slightly on Thursday amid ongoing protests in Hong Kong and bets on the United Kingdom’s next prime minister.

Main index climbs as investors pick up bargains

THE MAIN INDEX firmed up on Thursday, recovering from the previous session’s slump as investors went bargain hunting.

Military says West PHL Sea collision ‘accidental’

THE ARMED Forces of the Philippines (AFP) Western Command said the collision last Sunday between a Filipino boat and a Chinese vessel at Recto Bank in the West Philippine Sea was “accidental.”

Duque assures ‘anti-corruption’ health care rules

HEALTH SECRETARY Francisco H. Duque III gave assurance that “anti-corruption” measures will be included in the guidelines for the implementation of the Universal Health Care (UHC) Act amid the ongoing probe on irregularities involving service providers and the Philippine Health Insurance Corp. (PhilHealth).

VP Robredo asks SC to immediately resolve Marcos electoral protest

VICE-PRESIDENT Maria Leonor G. Robredo on Thursday asked the Supreme Court, acting as the Presidential Electoral Tribunal (PET), to immediately resolve all pending incidents involving the electoral protest of former senator Ferdinand “Bongbong” R. Marcos, Jr. after the termination of the ballots recount.

Police bust Organico offices in Cebu, Davao

LAW ENFORCERS on Tuesday swooped down on the offices of Organico Agribusiness Ventures Corp., a company that the Securities and Exchange Commission (SEC) has declared to be running an illegal investment operation.

‘Air pollution is a problem that is not easy to see’ — expert

ENVIRONMENTAL POLLUTION Studies Laboratory (EPSL) founding head Mylene G. Cayetano has called on the health care sector to take a more active role in addressing the ‘invisible killer’ that is air pollution.

KAPA officials face securities regulation violation, but no estafa complainant yet

THE NATIONAL Bureau of Investigation (NBI) said complaints may be filed against the founder and officers of the Kapa-Community Ministry International, Inc. (KAPA) for violation of the Securities Regulation Code, but no complainants have so far come forward for an estafa charge.
Comelec logo

Comelec extends SOCE deadline

THE COMMISSION on Elections (Comelec) yesterday extended by several hours its deadline for the filing of campaign contributions and expenses by candidates in the May 13 midterm elections.
Rodrigo R. Duterte

President hints on abolishing ‘exploited’ party-list system

PRESIDENT RODRIGO R. Duterte has said that the party-list system is being exploited by wealthy politicians, citing that many of the party-list leaders do not represent the marginalized sectors.

Nation at a Glance — (06/14/19)

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

Raptors take 2nd crack at title in Oracle Arena

OAKLAND, CALIF. -- The Toronto Raptors hope to celebrate the closing of Oracle Arena with a party of international magnitude when they take a second shot at the championship (today) in Game 6 of the NBA Finals against the Golden State Warriors.

Winless San Miguel, Magnolia look to catch a break

STILL WINLESS in the ongoing Philippine Basketball Association Commissioner’s Cup after two games, the San Miguel Beermen and Magnolia Hotshots Pambansang Manok look to barge into the win column when they take on separate opponents in league action today at the Mall of Asia Arena.

Basketball journey continues for Cariaso with values-driven programs

NEARLY a decade removed from playing in the Philippine Basketball Association, the hoops journey continues for Jeffrey Cariaso through two values-driven programs which he takes much pride in to be part of.

Le Tour de Filipinas rolls off in Tagaytay

FROM picturesque Taal to majestic Mayon, the Le Tour de Filipinas celebrates “10 Years of Cycling” with an explosive race starting with Stage 1 today of the now five-stage International Cycling Union (UCI) event.

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Second chance

When the Raptors go for the jugular today, their will be determined to move past the literal and figurative near misses they had in Game Five of the Finals. They were up by six points with three minutes and change to go, prompting behind-the-scenes preparations for their coronation as the finest of the finest of the National Basketball Association. Instead of firming up their date with living legend and Larry O’Brien Trophy presenter Bill Russell, however, they found themselves snatching defeat from the jaws of victory. They called back-to-back timeouts that stunted their momentum. They missed five of their last six shots, including a wide-open three point attempt, and committed a costly turnover that helped the defending champion Warriors complete a comeback for the ages.

RedDoorz boosts occupancy rate of partner accommodation providers

It is a longstanding issue for local boutique hotels, inns, apartels, condoles, and other privately-owned accommodations to increase occupancy rate on weekdays and off...

Reforms eyed to boost FDI inflows

FOREIGN direct investments (FDI) inflows to the Philippines dropped in 2018 even as most Southeast Asian countries saw gains that pushed the region’s overall haul for the year to an all-time high.
PSE BGC bells

Foreign funds to continue fleeing PHL stock market

BPI SECURITIES, Inc. sees up to $600 million worth of foreign funds exiting the local stock market this year as more investors place their funds in China, following its greater weighting on the MSCI index.

SEC targets to release ICO rules later this year

THE Securities and Exchange Commission (SEC) is optimistic it can come out with the guidelines for initial coin offerings (ICO) this year as it hopes to regulate the number of businesses using this method to raise money.

PLDT to redevelop Makati offices, sell Smart Tower

PLDT, Inc. said it is pushing through with its plan to redevelop two offices and sell Smart Tower in Makati City, and to replace them with a new office building.

Empire East to develop condo complex in Pasig-Cainta area

EMPIRE EAST Land Holdings, Inc. (ELI) will unveil over 3,000 residential condominium units this year within a recently launched township in the Pasig-Cainta area.

Facebook’s Stories feature seen to boost growth of businesses

SOCIAL MEDIA giant Facebook urged businesses to use its Stories feature to boost their growth.

Price of hotdogs may jump in July — Frabelle

THE Frabelle Group of Companies said the price of hotdogs may jump by 20% next month if the government fails to retain the 5% import tariff for mechanically deboned meat (MDM) for chicken which meat processors have enjoyed for nearly a decade.

Alibaba’s smart speaker to feature in Audi, Renault, Honda cars

SHANGHAI -- China’s Alibaba Group Holding Ltd/ on Tuesday said its voice-controlled assistant will feature in local vehicles from Audi AG, Renault SA and Honda Motor Co. Ltd., as the tech giant expands in artificial intelligence (AI).

Grab eyes Singapore banking license

HONG KONG/SINGAPORE — Grab, Southeast Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said.

There’s nothing cheap about Ginebra San Miguel

EVERY TIME someone judges me for reaching for a bottle of Ginebra San Miguel (because I’m not handling a more expensive bottle), I point out the gold seal on the label (itself a work by National Artist Fernando Amorsolo). The gold seal is a Monde Selection medal awarded by Brussels-based institution International Institute for Quality Selections. Ronald Molina, Assistant Vice-President and Marketing Manager for Ginebra San Miguel summarizes the sensation: “The only thing cheap about Ginebra San Miguel is the price.”

Microsoft unveils next-gen ‘Project Scarlett’ Xbox console

MICROSOFT Corp. on Sunday unveiled its next-generation Xbox console, known as “Project Scarlett,” which is set to hit store shelves during the 2020 holiday season.

CIC targets to collect two million data subjects for credit registry

STATE-RUN Credit Information Corp. (CIC) eyes to onboard two million data subjects in its credit information system within the year as it is set to collect from large government-owned and -controlled companies (GOCC).

Apex Legends Season 2 to debut on July 2

ELECTRONIC Arts Inc. said on Saturday it would launch the second season of its popular battle royale game Apex Legends on July 2.

Places to celebrate Father’s Day

On Father’s Day, Eastwood Richmonde Hotel’s all-day dining restaurant, Eastwood Café+Bar, is serving up unlimited steaks and crabs for P995 nett.

GCash to help WWF Philippines on reforestation of Ipo watershed

MOBILE money platform GCash has committed to help reforest 300 hectares of the 7,236-hectare Ipo watershed in Norzagaray, Bulacan.

Therapy in the office: Big banks take mental health fight in-house

LONDON — In Billions, a US television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist.

More US millennials subscribe to video games than traditional pay TV

NEW YORK -- More American millennials now subscribe to a video game service than to a traditional paid television service, according to a survey on Monday, as consumers favor new forms of entertainment that are shifting the broader media landscape.

Campari to hold Negroni Week later this month

ITALIAN chic is captured in every glass of Negroni. The drink was first mixed in Florence with gin, vermouth, and Campari liqueur, requested by a count from his bartender (the drink was eventually named after the count, whose last name was Negroni).