THE Social Weather Stations (SWS) polling organization reported that 38% of Filipinos rated themselves as poor in a March survey, the lowest in the history of the survey and down from 50% in December 2018.
BUSINESS groups said the government should implement any pay hike for public school teachers in phases in order to keep inflation contained and not hinder the government’s other spending priorities.
THE Philippines signed a $202.04 million loan agreement with Japan to fund the Road Network Development Project in Conflict-Affected Areas in Mindanao late Tuesday.
THE Bangko Sentral ng Pilipinas (BSP) is committed to ensuring a favorable environment for foreign investors by achieving “price stability, a sound external payments position, financial stability, and an efficient payment system,” Governor Benjamin E. Diokno said.
THE next Congress will look into warnings of a power shortage caused by the Supreme Court ruling requiring distribution utilities to implement a competitive selection process for their power supply agreements (PSA), a senator overseeing the chamber’s energy committee said.
PRESIDENT Rodrigo R. Duterte has signed a measure requiring transport terminals to provide free internet services and clean restrooms, officials said.
LABOR Secretary Silvestre H. Bello III said Filipino workers must upgrade their skills in the face of technological disruption, warning that mismanaging the technology transition will widen inequality.
THE Philippine Statistics Authority (PSA) said it estimates a 6.5% year-on-year decline in output of palay, or unmilled rice, in the second quarter, to 3.83 million metric tons (MMT), due to the continuing impact of El Niño.
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Data is very much in the spotlight in today’s business environment. We se it in how organizations are moving towards automating their data-related processes in order to minimize their output error rate, reduce the cost of data remediation, and maximize insights. There has also been a surge in the demand for data professionals such as data scientists and engineers to better analyze unstructured pieces of data and turn them into valuable information (e.g., reliable trends, forecasts and projections).
A report, citing records from the Land Transportation Office (LTO), noted that in 2017, the top traffic violations nationwide were the following: Not wearing seatbelt; Failure to wear helmet; No OR/CR on hand; Driving without license; Unregistered/invalid motor vehicle registration; Reckless driving; Obstruction; No spare tire; Axle overloading; Student driver operation motor vehicle without accompanying licensed driver.
Four reports in BusinessWorld last week seem to show a confusing investment environment of the Philippines:
Earlier this year, I had the privilege of visiting Israel. Through our pastor’s teachings and our tour, I learned how President Manuel L. Quezon accepted about 1,300 Jews facing persecution in Germany and Austria. The lesson became more real to me when we visited the Yad Vashem Holocaust History Museum, Israel’s official memorial to the Holocaust victims.
GADGETS, with their “planned obsolescence,” promote the impulse to have the latest model with ever more features, including features for clearer selfies. This promotes an almost Freudian “phone envy,” arising from a feeling of missing out on the latest phone. (How big is yours?) Gadget series numbers become status symbols. However, declining sales of new versions coming less than a year apart show a waning appetite for upgrades, or a longer embrace of the status quo.
THE UPSWING of the Northport Batang Pier in the Philippine Basketball Association Commissioner’s Cup continued on Wednesday after defeating the Rain or Shine Elasto Painters, 107-105, in overtime at the Mall of Asia Arena to extend their win streak to three games.
WHILE the sudden resignation of Ricky Vargas as Philippine Olympic Committee (POC) president on Tuesday left questions over the country’s preparations as host of the 30th Southeast Asian Games later this year, the man who was tasked to replace him expressed determination to work to have little disruption in the buildup as possible.
FAILED to come up with the victory in the first leg of its 2019 AFC Cup ASEAN Zonal semifinals on Tuesday night in Bacolod City, Ceres-Negros FC now looks to regroup and finish the job in the next game.
FILIPINO racecar driver Daniel Miranda continues to impress at the TCR Asia Series, making another strong performance at the Shanghai International Circuit. The June 1-2 race weekend saw the Cebuano bring the fight to the fastest drivers on the grid and come out as the top Asian driver.
LOS ANGELES -- The Los Angeles Lakers, with LeBron James in place and Anthony Davis on the way, reportedly are attempting to clear enough salary-cap space to make a run at a third star player this summer.
THE FOURTH edition of the Negros Occidental Football Association Cup (NOFA Cup) held recently in Bacolod City received commendation from sports advocates who cited the tournament’s organization and mission to develop grassroots football.
GM Daniil Dubov was born April 18, 1996 in Moscow, making him 23 years old now. He has already racked up the following chess accomplishments.
Not a few quarters have deemed the blockbuster Anthony Davis trade as a win-win development, and with ample reason. The Pelicans, thought to have a future ransomed by their erstwhile top dog, received an embarrassment of riches slated to propel them to respect and respectability through the medium term. Meanwhile, the Lakers, in the limelight for one dramatic on- or off-court misstep after another, found themselves hogging headlines in a manner befitting their storied past. The outlook became much brighter for both, their distance from their desired destination and their continued movement of pieces on the board notwithstanding.
THE PESO strengthened further against the dollar on Wednesday as market players waited for the results of the US central bank’s policy meeting.
THE MAIN INDEX clawed its way back to the 8,000 level on Wednesday, rising along with the rest of the world on hopes of a trade deal between the United States and China.
AGRICULTURE Secretary Emmanuel F. Piñol on Wednesday said the 22 fishermen of the sunken boat F/B Gem-Vir 1 are now “uncertain” whether their boat was intentionally sunk by the Chinese vessel it encountered off Recto Bank in the West Philippine Sea on June 9.
PRESIDENT Rodrigo R. Duterte is set to decide by June 28 on the candidate he will endorse for the House speakership, according to Senator-elect Christopher Lawrence T. Go.
THE HOME Development Mutual Fund (Pag-IBIG) in a statement on Wednesday defended the pay raise for its officers and employees as “merely salary step increments to address years of inflation,” not salary increases which require approval from Malacañang.
PRESIDENT Rodrigo R. Duterte has appointed Charge d’es Affaires Elmer G. Cato as the new ambassador to Libya, Foreign Affairs Secretary Teodoro L. Locsin, Jr. said, Wednesday.
THE Department of Foreign Affairs (DFA) on Wednesday reported the train-car crash in New Zealand left two Filipinos dead and three others wounded.
PRESIDENT Rodrigo R. Duterte has appointed three new officials, including former Department of Social Welfare and Development (DSWD) acting chief Virginia N. Orogo as new undersecretary at the Department of Agrarian Reform (DAR).
SENATOR Panfilo M. Lacson flagged a possible “conflict of interest” on the part of Health Secretary Francisco H. Duque III after the senator learned that a PhilHeath office in Region 1 is established in a building owned by the Secretary.
AGRARIAN Reform Secretary John R. Castriciones led Wednesday’s distribution of certificates of land ownership award (CLOAs) to 307 farmers in Lagawe, Ifugao.
RESIDENTS affected by the rotational service interruption of Manila Water queue with their containers at Barangay South Triangle in Quezon City on Wednesday midnight.
BUREAU of Customs Commissioner Rey Leonardo B. Guerrero signed on Tuesday Customs Memorandum Order (CMO) No. 30-2019 which provides for a list of customs fees and charges that may be imposed and collected by the Bureau.
JUSTICE Secretary Menardo I. Guevarra approved the creation of two Special Investigating Teams that will probe the killing of three activists in the Bicol Region.
A NEW PLAYER in the BIMP-EAGA sub-regional cooperation shipping service started its trial sail of the Davao-General Santos-Bitung (DGB) sea route early this week, the Mindanao Development Authority (MinDA) said in a statement on Wednesday.
A PAKISTANI national alleged to be a member of the Dawlah Islamiya terrorist group was arrested by the Bureau of Immigration (BI) on Tuesday and will undergo deportation proceedings.
THE PHILIPPINE Competition Commission (PCC) is allowing faster review of certain merger and acquisition (M&A) deals that are “less likely to substantially prevent, lessen, or restrict competition” in the market.
THE Asian Development Bank (ADB) will work closely with the World Bank (WB) in developing projects for the Philippines and other countries in the Asia and Pacific region, responding to a call made by the Department of Finance (DoF) earlier.
THE Philippine property market is well-prepared for the introduction of real estate investment trusts (REITs), as demand for more office spaces, residential projects, and commercial centers complements regulatory authorities’ willingness to amend rules that initially hampered its implementation.
THE PILLARS of Asia’s stock markets are shaking: Sentiment is fragile, valuations are not all that cheap and earnings forecasts continue to decline.
ABOITIZ Equity Ventures, Inc. (AEV) plans to issue more bonds once it locks in acquisition prospects in the next two years, following the completion of its P5-billion fixed rate bond offering yesterday.
IN RECENT weeks, a photo of the bloodied faces of Melania Gaymonat and her girlfriend Chris went viral online. While on a bus ride in the early hours of May 30 in London, the women were attacked by a group of young men for refusing their demand to kiss each other. “They started beating me, I was bleeding all over — I was really bleeding,” Ms. Gaymonat told BBCWorldatOne. According to a report by The Guardian on June 8, a fifth arrest has been made in connection with the attack.
SOFTWARE development and IT solutions provider Multisys Technologies Corp. is preparing to expand to three countries before the end of the year.
IS IT possible for anyone to truly have it all? Gloria Laura Vanderbilt; socialite, artist, writer, and designer, died in her Manhattan home in June 17, 2019 aged 95. The life she led sought to answer the question.
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