Home 2019 August 1

Daily Archives: August 1, 2019 | 10:11 pm

TRABAHO measures to require only one hearing — Salceda

REPRESENTATIVE JOSE Ma. C. Salceda, who chairs the Ways and Means Committee, said that some of the 28 laws proposed by business groups can be expedited because they were passed on third reading by the previous Congress.

Further easing expected from central bank as inflation drops

THE Bangko Sentral ng Pilipinas (BSP) is expected to further reduce its interest rates and the bank reserve requirement ratio (RRR) on the back of easing inflation, First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) said.

PhilMech says farm mechanization aid focused on 1,200 towns

THE Philippine Center for Postharvest Development and Mechanization (PhilMech) said that 1,200 municipalities from major rice-producing provinces will benefit from the P5-billion mechanization component of the Rice Competitiveness Enhancement Fund (RCEF).
rice warehouse

Farmers press for anti-dumping duties on undervalued rice imports

A FARMERS’ organization said persistent undervaluation of rice imports is depriving the agriculture sector of tariffs to fund upgrades to their farming technology, and urged the government to counter the undervaluation by resorting to anti-dumping duties.
power lines

MinDa added to energy investment council

THE Mindanao Development Authority (MinDA) was added to the Energy Investment Coordinating Council (EICC), the national inter-agency body tasked to coordinate investments in the energy sector.

CoA finds most MMDA flood control projects uncompleted in 2018

THE Commission on Audit (CoA) said the Metropolitan Manila Development Authority (MMDA) left uncompleted last year 117 out 170 flood control projects with a total cost of P878.6 million.

Solar Para sa Bayan franchise signed

SOLAR Para Sa Bayan Corp. (SPSB) said Thursday that has been notified that its franchise has been signed by the President, adding that it is willing to work with parties that had opposed its plan to build power microgrids in unserved and underserved areas through.

Senate seeking probe of Health department overstocking of medicine

SENATORS said they intend to investigate the Department of Health after the Commission on Audit (CoA) found the department to have overstocked P18.4 billion worth of medicine, much of which is approaching their expiration dates.

San Miguel Beermen take another shot at finals spot

THE best-of-five Philippine Basketball Association Commissioner’s Cup semifinal series between the San Miguel Beermen and Rain or Shine Elasto Painters hits Game Four today with both teams highly determined to see their respective causes through.

NCAA: Lions, Blazers in battle of unbeaten teams

UNBEATEN teams in National Collegiate Athletic Association Season 95 battle it out today as the defending champions San Beda Red Lions meet up with the College of Saint Benilde Blazers in league action today at the FilOil Flying V Arena in San Juan City.
Manila Water logo

Marikina grants Manila Water original proponent status

MANILA WATER Co., Inc. said Marikina had granted the Ayala-controlled water concessionaire the certificate of acceptance and grant of original proponent status to build and operate the city’s integrated waste management facility.

ONE Championship all set to rock Manila anew

THE BIGGEST CARD in the Philippines of ONE Championship happens today at the Mall of Asia Arena, promising another exciting and slam-bang night of combat sports action.

TNT eliminates Ginebra, barges into Commissioner’s Cup finals

THE TNT KaTropa are back in the finals of the Philippine Basketball Association after closing out the Barangay Ginebra San Miguel Kings in their best-of-five Commissioner’s Cup semifinals series with a 103-92 victory in Game Four on Thursday at the Smart Araneta Coliseum.
peso bills DBM

Peso plunges against the dollar as Fed makes ‘insurance’ rate cut

THE PESO declined against the dollar on Thursday after the US Federal Reserve cut benchmark rates.

Shares rise on PHL manufacturing activity report

LOCAL SHARES firmed up on Thursday, reversing losses seen at the start of the session as investors cheered the growth in the country’s manufacturing sector seen last month.


The Philippine National Police’s complaint of sedition/inciting to sedition, cyber libel, libel, obstruction of justice, and harboring a criminal against lawyers, priests, Vice-President Leni Robredo, and several opposition candidates for senator in last May’s elections is likely to make it to the courts. If it does, it will be one more instance that critics of the Duterte regime can cite to validate their view that only an international body can check human rights abuses in the Philippines because the justice system is not working as it should.

‘First thing we do,’ let’s have better lawyers

Probably the invitation got lost in the mail. Or likely the dog ate it. Anyway, not having received an invitation to the Legal Education Summit held last Wednesday and Thursday, I’ve sadly no concrete idea regarding its outcome. Nevertheless, were I there, the following would have been -- just some -- of my suggestions.

Time to dream?

Traditional people think of time as a linear subject in a limited or given space. Using the chronological calendar, we aware of day one, day two, day three and so forth. We count the days, the hours and minutes. The clock follows a fixed pattern in minutes of 12 morning hours and 12 (afternoon and) night hours. Military time uses the 24-hour system. It is precise to the last second.

Suicide of Indian Coffee King V.G. Siddhartha should be a lesson

ON MONDAY, Indian entrepreneur V.G. Siddhartha asked his driver to bring him to a bridge close to the southern city of Mangaluru. Then, according to the driver, Siddhartha got out to take a walk. He was not seen again; his body was recovered on Wednesday morning.

Duterte threatens Negros martial law amid deaths

PRESIDENT Rodrigo R. Duterte has threatened to put Negros Oriental province under martial rule to “quell lawless violence” there after four policemen were killed by suspected communist rebels last month, his spokesman said yesterday.

Henchman of Bin Laden family to be deported — BI

THE BUREAU of Immigration (BI) will deport a Jordanian alleged to be a former aide of Osama Bin Laden’s brother-in-law, it said in a statement yesterday.

Carpio’s anti-China stance won’t affect his nomination

ASSOCIATE JUSTICE Antonio T. Carpio’s anti-China stance in its sea dispute with the Philippines will not affect his nomination for chief justice, presidential spokesman Salvador S. Panelo told a briefing yesterday.

PFL: Ceres vs Kaya this weekend

ROUND-TWO collision between top-flight teams Ceres-Negros FC and Kaya FC-Iloilo in the ongoing season of the Philippines Football League headlines this weekend’s league fixtures.

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Duterte open to terminating visa-on-entry for Chinese tourists

PRESIDENT RODRIGO R. Duterte is open to the suggestion of Foreign Affairs Secretary Teodoro L. Locsin, Jr. to put an end to the “visa upon arrival” policy for Chinese tourists.

NBA 3X Philippines at SM Mall of Asia Music Hall and PICC Forum Tent

THREE-ON-THREE basketball, National Basketball Association-style, takes place this weekend with the staging of this year’s edition of NBA 3X Philippines.

No takers

Believe it or not, Carmelo Anthony is still looking to get signed, and, to his credit, remains in shape for his targeted last payday. Under the supervision of trainer Chris Brickley, he is in the midst of his annual offseason pilgrimage at the Life Time Athletic at Sky, a members-only gymnasium in Manhattan. So far in his second home, he has worked out with the likes of Chris Paul, Julius Randle, Donovan Mitchell, and Trae Young. And, judging from the feedback given by those who have taken to the court with him or seen him in action, he’s ready, willing, and able to justify taking any one of the roster spots still available in the league.

Free domestic airport charge

A Manila-bound grade 8 student traveling from the Laguindingan Airport in Misamis Oriental fills up a form and becomes the first to avail of the free Domestic Passenger Service Charge (DPSC) for students, a new policy that took effect Aug. 1.
DENR logo

‘No swimming’ policy in parts of El Nido as rehabilitation continues

THE DEPARTMENT of Environment and Natural Resources (DENR) said El Nido in Palawan will not be closed to tourists but a “no-swimming” policy will be implemented in some areas where water quality remains poor.

Baguio starts pedestrian-friendly Session Road trial on Aug. 4

THE UPHILL side of Session Road in Baguio City will be closed to vehicular traffic from 6 a.m. to 9 p.m. on Aug. 4, starting off the trial period for making the street pedestrian-friendly every Sunday.

Bangsamoro parliament passes resolution on ad-hoc joint body for Sulu Sea, Moro Gulf

THE BANGSAMORO Parliament has passed a resolution calling for the creation of an ad-hoc body to identify zones of cooperation and ensure the equitable sharing of resources from the Sulu Sea and Moro Gulf between the region and the national government.

Home of endangered Visayan species struggles with limited funding

A P30,000 monthly food budget would cover the standard nourishment needed by 54 animals — mostly endangered and vulnerable species endemic to the Visayas — housed at the Mari-it Conservation Park in Lambunao, Iloilo.

Nation at a Glance — (08/02/19)

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

Founders, funders, and bayanihan in the fourth industrial revolution

When Keller Rinaudo founded his drone-based delivery start-up Zipline, it was with the lofty dream of building “an instant, automated logistics system for the...

How to choose a brand name that’ll last

Naming a business may be a daunting task, but entrepreneurs, make no mistake—your brand name can be as important as the quality of the...

A top-class patient care experience

Filipina patient shares heart operation experience at Singapore’s Mount Elizabeth Novena Hospital It was a common scenario for Vanessa Ocampo, a Filipina training consultant by...
rice grocery

BSP: July inflation could be as low as 2%

THE OVERALL RISE in prices of widely used goods could have eased to its slowest pace in more than two-and-a-half years last month, the central bank announced on Wednesday, citing lower rice and liquefied petroleum gas (LPG) prices, cheaper electricity rates and a stronger peso that made imports cheaper.

San Miguel to bag Bulacan airport project with no bid contenders

SAN MIGUEL Holdings Corp. (SMHC) is all but certain to bag the contract for the P735-billion Bulacan airport project after its unsolicited proposal went unchallenged by the deadline to do so on Wednesday.

Health dep’t eyes maximum retail prices for select drugs

THE GOVERNMENT could issue an order this year that will cap retail prices of select medicines, even as a group of drug manufacturers argued that such a move was unnecessary.

Aboitiz Q2 net income up 3% on one-time gain

ABOITIZ Equity Ventures, Inc. (AEV) reported a 3% rise in its second-quarter consolidated net income to P5.4 billion, in part after the holding firm and its biggest contributing unit both recognized non-recurring gains.

Holcim Q2 profit down 17% on lower cement sales

HOLCIM Philippines, Inc. reported a 17% drop in its attributable profit for the second quarter of 2019, weighed down by lower cement sales amid flat infrastructure spending for the period.

Sony cuts sales outlook on slower games, TVs and phones

SONY CORP. cut its full-year revenue outlook, citing slower-than-anticipated sales of its PlayStation 4 games console, televisions and Xperia smartphones.

Not your usual ramen shop

PEOPLE seeking to satisfy their craving for Japanese ramen but not in the usual way may want to check out the newly opened Mitsuyado Ramen Shokudo at the Japan Town of Top of the Glo in Glorietta 2, Makati.

CNPF earnings jump 9% on strong sales

EARNINGS of Century Pacific Food, Inc. (CNPF) rose 9.34% in the second quarter of 2019, thanks to consistent demand for its branded food products such as Century Tuna, 555 and Birch Tree.

Companies using Facebook ‘Like’ button liable for data — EU court

BRUSSELS -- Companies that embed Facebook’s “Like” button on their websites must seek users’ consent to transfer their personal data to the US social network, in line with the bloc’s data privacy laws, Europe’s top court said on Monday.

Jollibee sets sights on Indonesia with CBTL beachhead

MANILA — Philippines’ Jollibee Foods Corp. is training its sights on Indonesia, with newly acquired US chain Coffee Bean & Tea Leaf (CBTL) its entry point in the economically expanding and densely populated Southeast Asian neighbor, its top officials said.