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Monthly Archives: October 2019

UN agency submits evaluation of PHL’s readiness for nuclear

THE International Atomic Energy Agency (IAEA) on Wednesday transmitted to the Department of Energy (DoE) its 19-point Integrated Nuclear Infrastructure Review (INIR) on the Philippines’ preparedness for nuclear energy.

Price-controlled drug list headed to Palace for approval

THE Department of Health (DoH) said it will submit its price-controlled list for 122 drugs this week for the approval of President Rodrigo R. Duterte.

Meat industry seeks DA help in lifting LGU bans

MEAT processors said the Department of Agriculture (DA) should discuss more comprehensively the causes of African Swine Fever (ASF) to increase the public’s understanding of how the disease spreads, as a counter to local government units seeking to ban the entry of their products.

Cagayan province urges cancellation of sugar import lib

THE Cagayan provincial government called on the national government to cancel its plan to liberalize sugar imports, warning that such a measure could destroy the sugar industry.

No country immune to risk of spreading African swine fever, animal health agency says

PARIS -- African swine fever will spread further across Asia where it has devastated herds, and no country is immune from being hit by the deadly animal virus, the head of the World Organization for Animal Health (OIE) said on Wednesday.

Trial period for MRT-3’s Chinese trains extended to end-November

THE Department of Transportation (DoTr) said Thursday that it will expand the trial period for the Metro Rail Transit Line 3 (MRT-3) trains supplied by CRRC Dalian Ltd., to Nov. 30.

BoC revives Balikbayan Box tracking agreement

THE Bureau of Customs (BoC) launched Wednesday a tracking system for balikbayan boxes going through stages of clearance at the agency as a measure to streamline operations and reduce “scams” in their processing.

NCR retail price rise muted in Aug. — PSA

THE retail goods prices in the National Capital Region (NCR) rose 0.8% year-on-year in August, following a 3.1% increase a year earlier, the Philippine Statistics Authority (PSA) reported Thursday.


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US-China tensions spur progress on giant Asia trade agreement

BANGKOK -- Tensions between the United States and China have given new impetus to a China-backed trade pact and there is a chance of major progress, if not final agreement, when Southeast Asian leaders meet in Bangkok later this week, analysts say.

Let’s do more for financial literacy in the Philippines

THE PHILIPPINES has recently been plagued with fraudulent and unethical online lending behavior. This has prompted fintechs in the country to take much needed measures to combat issues related to financial literacy -- like introducing industry standards for responsible lending following a circular by the Securities and Exchange Commission (SEC).

Power play

The Marcoses have been asking for closure on the public debate over their late patriarch’s martial law regime and its impact on Philippine politics, culture, and economy -- and most of all, on the Filipino people’s lives and fortunes. Many are buying into the idea of relegating that period to just another meaningless episode in history that deserves forgetting either because they can’t remember how things were during that period, or just don’t know enough about it.

Ghosts

Perhaps ghosts do exist. Perhaps the question we should really be asking is: what exists?

VP Leni only needs a day

It is the blame game at its finest, or rather, at its worst. The administration admits to the colossal failure of the war on drugs after three years of non-stop killings. To distract the public and prove its incompetence, the Office of the Vice-President is challenged to solve the drug problem.
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Peso strengthens to one-year high

THE PESO closed at its best level in more than a year on Thursday as the US Federal Reserve cut rates and following weak US economic data.
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PSEi slips below 8,000 as Fed cuts policy rates

THE MAIN INDEX quickly abandoned the 8,000 level at the end of this week’s trading as investors shy away from making bets ahead of the holidays and following the rate cut by the US Federal Reserve.

Second major quake in a week hits Mindanao

A MAGNITUDE 6.5 earthquake struck central Mindanao yesterday morning, just two days after a 6.6 tremor killed at least 8 people, the national disaster agency said.

Realizations for UP after 2nd huge loss to Ateneo

FOR the second time in University Athletic Association of the Philippines (UAAP) Season 82 the University of the Philippines (UP) was dealt a lopsided defeat by Katipunan rivals and defending champion Ateneo de Manila University, sending the Fighting Maroons to much realization.

Nats win first World Series title

HOUSTON -- Howie Kendrick hit an opposite-field, two-run home run in the seventh inning, and the Washington Nationals completed an upset of the Houston Astros, claiming the decisive Game 7 with a 6-2 victory on Wednesday to secure the franchise’s first championship.

30th Southeast Asian Games torch arrives in Davao City

DAVAO CITY -- The torch of the 30th Southeast Asian (SEA) Games was set aflame marking its first stop in Davao City. SEA Games-bound athletes Nesthy Petecio, Mikee Selga and Sydney Sy Tancontian led the ceremonial lighting and relay of torch. Around 3,000 participants joined the event, which took place in SM Lanang, Davao.

Blackwater agrees to trade Ray Parks to TNT

WHILE it has yet to get the nod of the Philippine Basketball Association (PBA) trade committee, super rookie Ray Parks, Jr. could well be on the move after his mother team Blackwater Elite agreed to send him to the TNT KaTropa in a five-player deal.

Rodriguez fight chance for Ancajas to prove anew staying power in division

FOR the eighth straight time, Filipino IBF world super flyweight champion Jerwin “Pretty Boy” Ancajas will defend his title, an opportunity once again for the reigning champion to underscore he is a cut above the rest in the 115-pound division, one local fight analyst said.

Bukidnon FC tops first Mindanao Cup tournament

BUKIDNON FC emerged as the champion of the first Mindanao Cup that was held recently at the Tionko Football Grounds in Davao City. The football tournament was a joint endeavor of the Negros Occidental Football Association (NOFA) headed by its president, Mr. Ricky Yanson, and the Davao South Regional Football Association, headed by its president, Mr. Henry Sabate.

Almost 5,000 cops fired since 2016

THE Philippine National Police (PNP) has penalized 9,172 erring police personnel in the past three years as part of its internal cleansing, the Department of Interior and Local Government said yesterday.

Golden State Warriors’ guard Curry breaks left hand in fall

LOS ANGELES -- Golden State Warriors guard Stephen Curry suffered a broken left hand on Wednesday, the NBA team announced, marking the latest setback for the franchise.
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Families victimized by common crimes down to 5.6% — SWS

ABOUT 1.4 million Filipino families (5.6%) reported being victimized by common crimes in the past six months, according to a Social Weather Stations (SWS) poll.

Their time is now

Max Scherzer was done. He tried his best, but he simply didn’t have it on a night he was needed most. The Astros tagged him early and often yesterday, and, all things considered, he did incredibly well to post a pitch count of 103 through five innings before manager Dave Martinez decided he was done. It certainly helped that he had luck and incredible defense on his side; his relative lack of control notwithstanding, he gave up only two runs, and, if nothing else, put the Nationals in prime position to craft yet another comeback in the very last set-to of the season.

International event to bring P700M in tourism receipts

MORE than 5,000 foreigners from 67 countries are in Manila to attend an international convention, and are expected to generate about P700 million ($14 million) in tourism receipts for the Philippines, organizers said.

Rehabilitated Marcos Bridge fully open

THE MARCOS Bridge in Marikina was fully reopened Thursday after five months of rehabilitation work, the Department of Public Works and Highways (DPWH) announced.

Social media stirs ‘emotional connections’ between candidate and voter — Publicus Asia

SOCIAL MEDIA presence is not enough to ensure a candidate victory in an election, but it is an effective tool to boost campaign and allow closer connection to the voting public, Publicus Asia reported.

Tacloban ‘AAA’ slaughterhouse awaits permit to operate

TACLOBAN CITY’S new slaughterhouse, classified as a triple-A facility, is now on a test run and is awaiting the permit to operate, the local government said.

POPCOM-Davao pushes for more teen centers as region records highest teen pregnancies

THE COMMISSION on Population’s (POPCOM) Davao office has called for more teen centers in public and private schools as well as in communities for out-of-school youth as the region recorded the highest percentage of teen pregnancies nationwide.

Prosecutors to lead investigation of broadcaster’s shooting

PROSECUTORS WILL take the lead in the investigation on the shooting of a broadcaster in the province of Sultan Kudarat, an official from the Department of Justice (DoJ) said.

Nationwide round-up

A TOTAL of 8,245 law graduates are taking the Bar examination to be held on the four Sundays of November at the University of Santo Tomas, the Supreme Court announced.

Nation at a Glance — (11/01/19)

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

3,500 gather at Smart Araneta Coliseum for world’s largest hackathon attempt

After months of anticipation, Impact Hub’s Impact Hackathon finally kicked off on October 30. Serving as an official attempt at the Guinness World Records...

Gov’t eyes checks on imported plywood

THE DEPARTMENT of Trade and Industry (DTI) is studying the possibility of putting plywood back on the list of products under mandatory certification in a bid to curb importation of substandard products.

Philippines to present nuclear plan to IAEA

THE GOVERNMENT will present a plan to revive the country’s nuclear energy development program in a meeting next month with the United Nations’ International Atomic Energy Agency (IAEA), Energy Secretary Alfonso G. Cusi said at the handover event of the phase one report of the Integrated Nuclear Infrastructure Review (INIR) mission at the F1 Hotel Manila in Taguig City.

Farm output could have recovered in Q3 — economists

AGRICULTURE PRODUCTION could have recovered slightly in the third quarter from contractions in the preceding three months and a year ago, economists said when asked for expectations on farm data which the Philippine Statistics Authority (PSA) will report on Nov. 6.

IMI slumps to loss in 3rd quarter

INTEGRATED Micro-Electronics, Inc. (IMI) slumped to a net loss in the third quarter as it continued facing a global slowdown in its main market segments.

A $500 Rye Whiskey?

WHEN Samurai Scientist, the latest release from WhistlePig Whiskey’s Boss Hog series, arrives on shelves later this month, it won’t stay for long. It’s the world’s first rye finished in Japanese Umeshu barrels, and the name — and its pewter samurai topper — is a nod to Jokichi Takamine, the “samurai chemist” who’s credited with sharing traditional Japanese fermentation techniques with western whiskey makers in the early 20th century.

ALI to invest P8B in QC estate

AYALA LAND, Inc. (ALI) is investing P8 billion in a new mixed-use district in Novaliches, Quezon City.

Today’s wedding venue was originally an anniversary gift

IT WOULD HAVE been easier for the Liamzon family to sell Villa Milagros, the one-hectare property their grandparents built up at the foothills of the Sierra Madre by Rizal province.

Part of Cavite-Laguna expressway now open

MOTORISTS can now use the first 10 kilometers of the Laguna segment of the Cavite-Laguna Expressway (CALAX) from the Mamplasan Toll Barrier to the Santa Rosa-Tagaytay Interchange, the Department of Public Works and Highways (DPWH) said on Wednesday.
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Term deposits fall after reserve requirement cut

YIELDS on the central bank’s term deposits mostly fell on Wednesday after another reserve requirement ratio (RRR) cut last week.

New World vs. Old World wine, style vs. substance

THERE ARE two important Judgments of Paris, both of which changed the world, depending on what you’re reading. First, there’s the Judgment of Paris of Greek mythology, where the lost prince of Troy, Paris, had to choose who the fairest was between goddesses Hera, Aphrodite, and Athena, and the consequences of that launched the Trojan War. Secondly, there’s the Paris Tasting of 1976, a competition by a British wine merchant, where California wines flushed out their French counterparts in a blind tasting by French judges. This competition paved the way for New World wines to be taken more seriously.