Home 2019 June 25

Daily Archives: June 25, 2019 | 10:12 pm

Economic zone proclamations hit snag for IT industry — PEZA

THE Philippine Economic Zone Authority (PEZA) and the business process outsourcing (BPO) industry said they will seek more time to meet the requirements of the Office of the President (OP) to obtain an official proclamation for economic zones.

Palace studying return of water services to government control

MALACAÑANG said it is considering the possibility of taking water services for Metro Manila back under government control.

DICT hopes to complete ‘dark fiber’ linkup by early next year

THE Department of Information and Communications Technology (DICT) is expecting to finish by early 2020 the first phase of the backbone facility for the National Broadband Plan, and around the same time see the completion of a feasibility study that will determine the next phases of the project.

Regulator considering tapping water supply of provinces near NCR

THE Local Water Utilities Administration (LWUA) said it may tap the water supply of nearby provinces to augment Metro Manila’s dwindling allocation.

CA upholds P1.12-B settlement between NHA, R-II Builders

THE Court of Appeals (CA) said it affirmed the P1.12-billion settlement between the National Housing Authority (NHA) and a private property developer over the Smokey Mountain project in Manila.

DA sets more entry requirements for feed from ASF affected countries

THE Department of Agriculture (DA) said it issued new requirements for the import of plant-based feed products from African Swine Fever (ASF)-affected countries.

Sugar output rises 1.93% in late May; SRA claims supply sufficient

SUGAR PRODUCTION as of the fourth week of May rose 1.93% year-on-year, the Sugar Regulatory Administration (SRA) said.

September target set to wrap up South Korea free trade talks

A SEPTEMBER TARGET has been set to conclude free trade talks between the Philippines and South Korea, Trade Secretary Ramon M. Lopez said.
computer laptop typing online

May online hiring grows across all industries — Monster

ONLINE job recruiting site Monster.com said job posting activity grew across all industries in May, led by the Consumer Goods segment.

DoF asks CoA to waive rule on sale of gov’t assets

THE Department of Finance (DoF) said it will pursue talks to get the Commission on Audit (CoA) to relax its rules to facilitate speedier disposal of nonperforming government assets.

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SEA Games seen as opportunity for developing halal services

THE Philippine Trade Training Center Global MSME Academy (PTTC-GMEA) said it hopes to step up its halal training activities for the hospitality industry next month, starting with the venue for the Southeast Asian Games.

Hitting the infrastructure halfway mark

Time is of the essence for the rollout of infrastructure projects as President Rodrigo R. Duterte hits the halfway mark into his six-year term that ends in 2022. As soon as he assumed office in 2016, the government introduced the “Build, Build, Build” program, which aims to reduce the infrastructure gap in the country.

The fox investigates the raid on the chicken coop

We’ve probably all heard the tale of the fox who raided the chicken coop and had to be hunted down by the farmer. But have you heard about the farmer agreeing to let the fox investigate the incident in order to determine whose fault it was that the chicken coop was raided and why neither the fox nor the chicks might be at fault after all?

Historically courageous people toadying up to China

If he hasn’t acquired one yet, perhaps someone should give Rodrigo Roa Duterte a Jetski so he can fulfill his campaign promise to ride one to the Spratleys where he would plant a Filipino flag. So far, our president has, contrary to our 1987 Constitution’s mandate that “The State shall protect the nation’s marine wealth in its archipelagic waters, territorial sea, and exclusive economic zone, and reserve its use and enjoyment exclusively to Filipino citizens,” been shamefully second guessing China’s positions on the issues raised and already set aside in the UN Arbitral court.

The MOU between PHL and China and a timely revisit of the La Bugal...

On Nov. 20, 2018, the Philippines and China entered into a Memorandum of Understanding (MOU) on Cooperation on Oil and Gas Development. Premised on the Charter of the United Nations, the United Nations Convention on the Law of the Sea (UNCLOS), and the 2002 Declaration of Conduct of Parties in the South China Sea, the two governments agreed to negotiate on an accelerated basis (i.e., within 12 months of its signing) arrangements to facilitate oil and gas exploitation in “relevant maritime areas.”

Northport shoots for solo PBA tourney leadership

LEAGUE-LEADING Northport Batang Pier go for their fifth win in a row in the Philippine Basketball Association Commissioner’s Cup, and solo leadership in the standings, when they return to action today against the Phoenix Pulse Fuel Masters at the Smart Araneta Coliseum.

NBA Awards: Antetokounmpo wins MVP; Doncic top rookie

LOS ANGELES -- Milwaukee Bucks forward Giannis Antetokounmpo became the second European player to be selected the NBA’s Most Valuable Player, winning the honor on Monday night at the league’s awards show in Santa Monica, Calif.

Kiefer Ravena thankful to be back in harness, looks to take flight anew

AFTER more than a year on the sidelines following his suspension of FIBA over his failure to pass a random drug test, Kiefer Ravena was back practicing with Gilas Pilipinas on Monday night. It was something he said he was very thankful for and looks to build on as he restarts his basketball journey.

Lazada activates Olympic Games partnership in Southeast Asia

AS PART of its parent Alibaba Group’s long-term partnership with the International Olympic Committee (IOC), Southeast Asian e-commerce firm Lazada Group has recently activated its Olympic Games push in the region.

Philippine Olympic Committee set for a special election

TO RID the organization of any question in leadership as well as settle conflicts within the group, the Philippine Olympic Committee (POC) has decided to set the holding of a special election.

‘Man to beat’ Roger Federer looks to turn number nine Wimbledon dream into reality

LONDON -- Historically, emotionally and statistically, Roger Federer remains the man to beat at Wimbledon even at the 21st time of asking.

A fair trade

Last week saw a trade in the Philippine Basketball Association which created much buzz over the fairness of it.

Best of the best

Giannis Antetokounmpo’s acceptance speech lasted all of five minutes, and it could have been over in much less time had he not kept on choking up. He was clearly overwhelmed by the occasion, never mind that he had long been tipped to claim the Maurice Podoloff Trophy in leading the Bucks to a regular-season-best 60 wins. Even as he failed to cap his 2018-19 campaign with a championship, he proved to be the best of the best of the National Basketball Association by far. Like all and sundry, he knew how well he did -- enough, at least, to prepare for his time in the podium yesterday.
peso remittance

Peso rises further versus dollar as US imposes new sanctions on Iran

THE PESO rose further to hit a fresh one-year high on Tuesday as the dollar remained weak due to tensions between the United States and Iran.

Stocks end five-day rally on lack of fresh leads

LOCAL SHARES slumped on Tuesday on a continued lack of catalysts that could boost investor sentiment.

Duterte tells reps on speaker post: ‘Sort it out among yourselves’

PRESIDENT RODRIGO R. Duterte on Tuesday said he will no longer endorse a candidate for the House speakership race.

Death penalty top of neophyte senators’ agenda

THE REINSTITUTION of capital punishment for crimes involving illegal drugs and measures on local government concerns are among the priorities of four neophyte Senators for the incoming 18th Congress.

SC orders MMDA to comment on prov’l bus ban petitions

THE SUPREME Court (SC) has ordered the Metropolitan Manila Development Authority (MMDA) to comment on the petitions seeking to stop the implementation of the provincial bus ban along Epifanio Delos Santos Avenue (EDSA).

Duterte still ‘happy’ with agri chief; no Cabinet revamp hint

MALACAÑANG ON Monday said President Rodrigo R. Duterte is still “happy” with the performance of Agriculture Secretary Emmanuel F. Piñol amid reports that he may be one of the Cabinet officials who may be replaced or transferred to another department.

27 New RTC judges appointed

PRESIDENT RODRIGO R. Duterte has appointed 27 new regional trial court judges.

HRW tells UN it is ‘not too late’ to investigate PHL drug war killings

NEW YORK-BASED Human Rights Watch (HRW) has called on the United Nations (UN) to conduct an investigation on the Duterte administration’s war on drugs, saying the members states of the international organization have “stoody by” despite the killings and other violations in the Philippines.

13 PHL cities join WWF’s One Planet City Challenge 2019-2020

THIRTEEN CITIES around the country made the list of qualifiers for the World Wide Fund for Nature’s (WWF) One Planet City Challenge (OPCC) 2019-2020. Pasig, which won the country-level OPCC award for 2017-2018, is again in the running.

‘Innovate Iloilo’ roadmap aims to tap technology, science for better local governance

THE DEPARTMENT of Science and Technology (DoST) and stakeholders in Iloilo City are working on the “Innovative Iloilo” plan, a roadmap towards better governance using science, technology and innovations (STI).

Other projects of contractor of collapsed covered court in Zamboanga City put on hold

THE ZAMBOANGA City government has put on hold all other projects awarded to the contractor of the covered court in Sinubong National High School, which collapsed Monday causing minor injuries to at least eight students.

Indonesia, PHL to strengthen border security patrols in Davao Oriental

INDONESIA and the Philippines are enhancing their border security cooperation, particularly in areas off the province of Davao Oriental.

Nation at a Glance — (06/26/19)

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

Calling all applicants for world’s largest women-focused startup competition

The Philippines has long been lauded for having one of the narrowest gender-gaps in the world. But, unfortunately, the same can’t be said for...

Moving on: How to leave your company the right way

Have you ever had days where you dragged yourself to work? Or have you looked at your pay slip and felt like you’re just...

Asia is not ‘Silicon Valley Lite’

If you attend a startup event anywhere in Asia, you’ll most likely hear mentors, advisors, and other judges using the ecosystem’s universal jargon. They’ll...

Inflation as experienced by low-income households (bottom 30%)

INFLATION for low-income families accelerated in May after six straight months of slowing down, the Philippine Statistics Authority (PSA) reported on Monday.

Price impact on the poor worsens

INFLATION for low-income families accelerated in May after six straight months of slowing down, the Philippine Statistics Authority (PSA) reported on Monday.
Calungbuyan Bridge

SE Asia sub-regional group pushes for bigger local gov’t role in dev’t

DAVAO CITY -- Leaders of the Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) want more active local government participation in identifying opportunities for investments and closer linkages within the sub-region.

Diokno to co-chair global financial stability body’s Asia consultative group

BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno will co-chair the Financial Stability Board’s Regional Consultative Group for Asia (FSB-RCGA), together with Reserve Bank of India Deputy Governor N.S. Vishwanathan, for two years term starting July 1, the BSP said in a statement on Monday.

DoubleDragon eyes to raise nearly P60B from REIT offering

DOUBLEDRAGON Properties Corp. expects to raise up to P59.4 billion when it places its entire leasable space portfolio under a real estate investment trust (REIT), the company told the stock exchange on Monday.

HOOQ now offers free content

AFTER a successful initial run in Indonesia last year, Asian video-on-demand service HOOQ has extended its “freemium” tier to the Philippines, promising over 1,000 pieces of content that can be viewed for free.