Home 2019 December 4

Daily Archives: December 4, 2019 | 10:01 pm

Lacson proposes more UHC, National ID funding

SENATOR Panfilo M. Lacson said he proposed budget amendments providing for additional funding for the Philippine Identification System (PhilSys) program, Universal Health Care (UHC), and free university tuition.
Carlos G. Dominguez III

Dominguez, Pernia due in Tokyo to discuss progress of key Japan-backed infrastructure projects

THE government’s economic team will meet Japanese officials this week in Hakone, southwest of Tokyo, to discuss the progress of big-ticket infrastructure projects supported by Japan.

DTI sets Feb. deadline for Thailand to comply with WTO tobacco ruling

THE Department of Trade and Industry (DTI) said it is giving Thailand until February to comply with the World Trade Organization (WTO) ruling on its customs measures on Philippine cigarette exports before seeking recourse.

PHL among top 5 ‘greenfield’ FDI destinations in Asia

THE Philippines received the fifth-most “greenfield” foreign direct investment (FDI) in the Asia-Pacific, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in a report.

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At the moment: Know more about ATM fees

For those who dare to do their Christmas shopping at the eleventh hour, the ordeal of treading through Manila’s urban jungle is not for the faint-hearted. Lest one is not forewarned, it is wise to start Christmas shopping early, steering clear of the horrendous rush that can risk spoiling the holiday spirit.

PHL breaches 100-medal mark in SEA Games 2019

THE PHILIPPINES continued to roll in the 30th Southeast Asian Games, breaching the 100-medal mark just four days into the competition.

Team Sibol bullish of chances as SEAG esports events begin

ESPORTS events in the 30th Southeast Asian Games formally open today with the Philippine team -- Team Sibol -- expressing its readiness to plunge into action and bullish of its chances of doing well.

PHL Malditas shoot for spot in SEA Games gold medal match

THE Philippine women’s national football team tries to go even deeper in the competition in the 30th Southeast Asian Games as it shoots for a spot in the finals against defending champion Vietnam today at the Binan Football Stadium in Laguna.

LaLiga working to expand its reach in Asian region

WHILE already have a steady presence in Asia for the past couple of years, Spanish top football division league LaLiga still sees the need to further grow its footing in this part of the world, seeing it as playing a significant part for the organization moving forward.

Tata Steel Rapid and Blitz

The 2019 Grand Chess Tour is a series of tournaments (two classical and five rapid/blitz events) where each participant is given GCT (Grand Chess Tour) points depending on how they finish in the individual events. The top 4 players will then go to the London Finals with its very big prizes.

Right direction

In retrospect, Ron Rivera’s tenure stood on shaky ground as soon as hedge fund billionaire David Tepper became the new owner of the Panthers last year. For all his accomplishments, he proved inconsistent at best in nine years with the franchise. The strides he made as two-time National Football League Coach of the Year and Super Bowl 50 finalist ultimately served as fillers for a sideline run marked by mediocrity that the record $2.275-billion purchase did not support and could not continue to countenance.

Stocks decline further on Duterte, Trump remarks

SHARES continued their sluggish performance on Wednesday amid developments here and abroad.
peso dollar bills

Peso down on trade deal issues

THE PESO weakened to the P51-per-dollar level anew on Wednesday following US President Donald J. Trump’s statement on Tuesday that he has “no deadline” for a phase one deal with China amid their ongoing trade war.

PNR extends line by adding five more train stations

THE Philippine National Railways (PNR) has extended its line from Manila to Laguna province by adding five more stations after Calamba City, the Department of Transportation (DoTr) said in a statement on Wednesday.
Senate building

Senate wants to review water utility contracts

THE Senate may review water concession agreements with utilities deemed onerous in the exercise of its oversight function, a senator said on Wednesday.
Bureau of Internal Revenue (BIR) logo

BIR orders shops to post new receipt notices

THE Bureau of Internal Revenue (BIR) has ordered commercial establishments to adopt a new format of notice informing their customers about the shops’ duty to issue receipts.

Broadcast of Maguindanao massacre ruling sought

SEVERAL media have asked the Supreme Court to allow the Dec.19 promulgation of the ruling in a decade-old massacre case to be broadcast live.
House-Congress plenary hall

House body approves bill on cooperatives

A HOUSE committee yesterday approved a consolidated bill that seeks to make the position of a cooperative officer mandatory in municipal, city and provincial levels.

Cebu is the most typical place in the world

I’VE LONG wondered what might be the most typical place in the world, and I believe I now have an answer. It is Cebu, the second largest city in the Philippines, from which I have just returned.

Retired and rehired

Kudos to McDonald’s Philippines for giving senior citizens, presumably retirees, a “second” chance. Golden Arches Development Corp. (which operates McDonald’s Philippines) has said it has signed agreements with the Manila and Pasay City governments for the employment of senior citizens and persons with disabilities (PWDs) in McDonald’s branches in these cities.

Business bureaucracies and regulations

“There is no art which one government sooner learns of another than that of draining money from the pockets of the people.” -- Adam Smith, The Wealth of Nations (1776), Book V, Chapter II, Part II

Crab mentality

The performance evaluation has been the traditional way a superior gives feedback to staff. But as I have observed, this evaluation sheet is not the true representation of one’s work. It is either very subjective or objective depending on the situation or on the superior’s opinion. Yes, it is not only a tool to evaluate one’s performance but also a measure of one’s motivation and productivity. However, I find it odd that rank and file employees, even if they worked hard and persevered, may not get the credit for their work. We want to believe that our work speaks for itself. But then, in reality, someone else gets the credit.

This brewing habit

Rising coffee consumption and the proliferation of coffee shops have little to do with nutrition or the alleviation of hunger. Coffee is seldom the main course, even when accompanied by chocolate chip cookies.

Ayala Malls and MRM//McCann awakens amazing in small moments

The “Small Moments” campaign of Ayala Malls produced by MRM//McCann is a brave material. The whole set is taped on miniature-scale models of the...

The Nutella All Day Breakfast Truck: spreading joyful mornings to Filipinos

Nutella®, The Original Hazelnut Spread®, is going to new lengths to inspire as many Filipinos as possible to enjoy Nutella in new creative ways...

PH Startup Week concludes with signing of the Innovative Startup Act’s IRR

With the signing of the act’s IRR, key stakeholders hope to boost both the economy and entrepreneurial culture through its various programs.

Six tips to landing corporate clients for your startup

Landing a major corporate client can be a huge step forward for any startup, bringing in not only revenues, but access to a wider market. Three startup founders share their tips on streamlining these partnerships.

Toward a data-driven Philippines

Data-Driven Philippines: 2019 PH Data Leaders Summit. held By Mark Louis F. Ferrolino, Special Features Writer The pivotal role of digital transformation in realizing the country’s...

Tisoy leaves trail of destruction

TYPHOON Kammuri, locally named Tisoy, left a trail of destruction as strong winds and heavy rain battered the Bicol region in central Philippines on Tuesday, leaving at least two people dead.

BSP watches inflation for policy cue

THE BANGKO SENTRAL ng Pilipinas (BSP) will watch inflation data set to be reported on Dec. 5 to see whether the economy is ripe for another interest rate cut next week, BSP Governor Benjamin E. Diokno told reporters last Monday.

Gov’t hints of changes to water service deals

CHANGES could be in the offing for contracts between Metro Manila’s water service concessionaires and the Metropolitan Waterworks and Sewerage System (MWSS), Justice Secretary Menardo I. Guevarra signaled on Tuesday.

Congress targets ratification of 2020 budget next week

THE HOUSE of Representatives and the Senate expect ratification of the proposed P4.1-trillion national budget for 2020 by next week to enable enactment before the year ends, key legislators said separately on Tuesday, while the Budget department has begun the process of crafting the 2021 spending plan.

Bourse expects more maiden listings in 2020

THE PHILIPPINE STOCK EXCHANGE, Inc. (PSE) hopes to increase the number of initial public offerings (IPOs) to six next year amid improved market conditions,...

Court issues TRO vs auction of AboitizPower unit’s properties

ABOITIZ Power Corp. said on Tuesday that the court had issued a temporary restraining order (TRO) in favor of its subsidiary Luzon Hydro Corp. (LHC), stopping the municipality of Alilem in Ilocos Sur from auctioning off the unit’s real properties.

Central Visayas wage orders now under review by NWPC

THE Department of Labor and Employment (DoLE) in the Central Visayas, or Region 7, said two minimum wage hikes for separate categories of workers have been decided by the region’s wage board, with the decision awaiting review at national level.
construction workers

Property valuation bill passage seen aiding 2020 infrastructure projects

FINANCE SECRETARY Carlos G. Dominguez III urged the Senate to pass a real property valuation reform measure in time to address right-of-way-issues that could delay infrastructure projects in the pipeline for 2020.

Ayala purchases 15% stake in YSH for $108.6 million

AYALA Corp. (AC) said yesterday it has already paid the first tranche of its $237-million investment in Myanmar’s Yoma Group.

DTI could offer perks for domestic manufacture of new 9-seater PUVs

THE Department of Trade and Industry (DTI) said it is considering an additional program to support the domestic manufacture of small and affordable eco-friendly public utility vehicles (PUVs).

PETA’s season final is anthology that tackles stories of HIV/AIDS

THE ARTS can influence our thoughts and actions in the face of a disease.

Hans Sy, Angel Locsin named ‘heroes of philanthropy’

TWO Filipinos have been included by Forbes Asia in its list of 30 outstanding altruists in the region -- Hans T. Sy of SM Prime Holdings, Inc. and award-winning actress Angel Locsin, joining the likes of China’s Jack Ma, India’s Azim Premji and South Korea’s Suh Kyung-bae.

Monthly flag ceremony honors modern-day heroes

AS NOTED singer Bayan Barrios sang the National Anthem in the cool morning air on Monday, a giant Philippine flag was raised up the 105-foot tall Independence Flagpole -- the highest in the country -- in Manila’s Luneta park.

Palay prices firm in third week of November

THE average farmgate price of palay, or unmilled rice, rose 0.5% week-on-week in the third week of November to P15.52 per kilogram (kg), reversing an unbroken months-long streak of declines since rice imports were liberalized.

Rural banks looking to digitize operations to boost efficiency

RURAL BANKS are joining their larger peers as they go into digitizing their operations to improve efficiency and to ramp up their push for financial inclusion.

PHL firms seen to hike salaries by 6% in 2020

PHILIPPINE companies are forecast to increase salaries by 6% next year, as they focus more on retaining current employees, according to a survey conducted by Mercer.