04 | December | 2019 | BusinessWorld

After $1 billion theft, German museum turns out not to have insurance

AFTER burglars made off with priceless jewels from a German museum on Nov. 23, pressure is growing on police to find the culprits. One big reason: The diamond-encrusted dagger, pearl necklace, and dozens of other glittering artifacts -- estimated to be worth more than $1 billion by the local press -- were uninsured.

Palace could issue EO to break Congress deadlock on land use bill

AN executive order (EO) could precede the passage of the proposed National Land Use Act, which has been declared a government priority by President Rodrigo R. Duterte, his spokesman said Tuesday.

RBA holds rates as it weighs past cuts

SYDNEY -- Australia’s central bank left interest rates at record lows on Tuesday as it waits for the three cuts already delivered to gain traction in a sluggish economy, though markets are wagering more easing will ultimately be needed.

More gold medals for PHL as ‘Tisoy’ forces SEAG to adjust

AMID THE STRONG typhoon that battered parts of Luzon island, gold medals continued to flow for the Philippines on Day Three of the competition in the 30^th Southeast Games on Tuesday.

Nokia in discussions to provide 5G technology to 2-3 firms in Philippines

NOKIA on Tuesday said it is currently in talks with “two to three” firms in the country to provide fifth-generation (5G) technology solutions for their operations.

DTI expects new CITIRA Senate draft by year’s end

THE tax reform bill lowering corporate income tax and rationalizing fiscal incentives will be filed with the Senate by the end of December, Trade Secretary Ramon M. Lopez told reporters Tuesday, incorporating input from its investor constituencies that could provide for longer transition periods away from older incentive schemes.

PHL U-22 team looks to stay alive in SEAG bid

THE Philippine Under-22 men’s football team plays its final game in group play in the 30^th Southeast Asian Games today, taking on winless Timor Leste in a match to be played at the Biñan Football Stadium in Laguna where it hopes to get a favorable result to keep its bid alive.

wp booster error:
td_api_base::mark_used_on_page : a component with the ID: td_180x135 is not set.

Bill eyes credit quota for fishery sector

A CONGRESSMAN has filed a bill seeking to promote financial inclusion for rural communities and agricultural households through the participation of banking institutions, organization of farmer cooperatives and the creation of a special fund to finance these associations.

AC Energy inks deal to acquire solar farm operator

AC Energy Philippines, Inc. has signed a share purchase agreement with Macquarie Infrastructure Holdings (Philippines) Pte. Ltd., Langoer Investments Holding B.V., and the Government Service Insurance System for the acquisition of their ownership interest in Negros Island Solar Power Inc. (Islasol).

Gilas Pilipinas plunges into SEA Games action

THE Philippine men’s basketball team get its 30^th Southeast Asian Games campaign rolling today, taking on Singapore on opening day of the 5-on-5 hoops competition at the Mall of Asia Arena in Pasay City.

The Wolf of Wall Street gets woke and all I got was a sticker

JORDAN BELFORT puts his hand on my shoulder. His eyes are wild. He’s wearing cocaine like cologne.

DPWH sees NEDA board approval for TPLEx extension by first quarter

THE Department of Public Works and Highways (DPWH) said the National Economic Development Authority (NEDA) Board will “most likely” approve by first quarter of 2020 the unsolicited proposal of San Miguel Corp. (SMC) to extend the Tarlac-Pangasinan-La Union Expressway (TPLEx).

Hidilyn Diaz now a SEA Games gold medalist

AN Olympic silver medallist and an Asian Games gold medalist, now Filipino weightlifter Hidilyn Diaz is a Southeast Asian Games gold winner.

Nomura’s incoming CEO to speed up reform with retail business in focus

TOKYO/HONG KONG -- Nomura Holdings, Inc.’s incoming Chief Executive Officer (CEO) Kentaro Okuda said on Tuesday he wanted to speed up the pace of reform at the country’s largest brokerage, which has long struggled to make its mark globally and must deal with a shrinking retail business at home.