DAMAGE TO agriculture from Typhoon Tisoy (international name: Kammuri, was estimated at P3.67 billion, the Department of Agriculture (DA) said.
JUSTICE Secretary Menardo I. Guevarra said the government is forming a team to draft revised water concession contracts, which will exclude terms the President considers onerous, adding that the new concession agreement will be ready before the year ends.
THE restructuring of the coconut industry should focus on extracting value-added from all parts of the tree, while farmers should be allowed to tap whatever market opportunities present themselves, including selling trees for lumber, an expert said.
PRESIDENT Rodrigo R. Duterte said that he wants to speak to the two water companies serving Metro Manila and the government lawyers who agreed to the allegedly disadvantageous concession agreements.
THE House Committee on Ways and Means recommended suspending the implementation of the Bureau of Customs’ (BoC) National Value Verification System (NVVS) to determine whether it violates World Trade Organization (WTO) rules on customs valuation.
THE Securities and Exchange Commission (SEC) and Philippine Stock Exchange (PSE) said they support bill that will establish a Small and Medium Enterprises (SMEs) Stock Exchange, but noted that there are possible overlaps with existing regulations.
NLEX Corp. submitted a proposal Monday to the Department of Public Works and Highways (DPWH) to extend the North Luzon Expressway (NLEx) Harbor Link Segment 10 to Anda Circle, which is between Intramuros and Manila South Harbor.
TOYOTA MOTORS Philippines Corp. (TMP) said it is “worried” about the possible imposition of safeguard measures on imported cars, noting the possible impact on sales volumes, but added it still plans to proceed with a major investment pending more clarity on the government’s intentions.
CONGRESS is still studying how to regulate the vaping industry by law despite a “de facto” ban on the products due to import restrictions, a key legislator said.
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If we ask taxpayers what they think about what’s next for them, we could certainly get varying responses. One would answer, “Tax deadlines, of course!” Another would say, “Tax assessments and maybe, tax reform?” One might even say, “I would rather not think about it right now; don’t spoil my December!”
WHILE the overall championship and its best finish in the Southeast Asian Games to date are already in the bag, host country the Philippines continued to pile on its total medal haul on the ninth day of competition on Monday.
LOS ANGELES -- Anthony Davis scored a season-high 50 points, sparking the Los Angeles Lakers to a 142-125 victory over the visiting Minnesota Timberwolves on Sunday night.
COCA-COLA Philippines stays true to their mission of refreshing people, inspiring moments of optimism and happiness, and making a difference as they proudly support the 30th South East Asian (SEA) Games. Not only are they refreshing the best Filipino and other SEA region athletes, officials, volunteers, and spectators with millions of bottles of different Coca-Cola products -- from Wilkins Pure to Thunder Supersoda, to Viva! Mineral Water to Coca-Cola -- they are also encouraging and engaging people to advocate for a cleaner and a litter-free sports competition.
WHILE admitting that it felt painful to miss out on a podium finish, still the Philippine football women’s national team is not looking at its 30th Southeast Asian Games campaign anything less.
SUCCESSFULLY dethroned the defending Southeast Asian Games champion in the semifinals, the Philippine men’s volleyball team tries to complete its scintillating run in this year’s edition of the biennial regional sporting meet by winning the gold medal in the finals today at the PhilSports Arena in Pasig City.
The “Frenchman with Two Names” Maxime Vachier-Lagrave (MVL) is on a mission -- he wants to be the next world champion. He thinks he can beat Magnus Carlsen.
The Mavericks didn’t have any zip from the get-go yesterday. Playing on the second night of a back-to-back set against the rested Kings, they started slow and found themselves down by 20 at the break. They didn’t even get a taste of the lead at any point in the first half; the best they could do was forge two ties early on. And when they began the fourth quarter, they were still 14 points behind. Still, they plodded on, tightening the screws on defense and slowly clawing back on the strength of inspired play from veteran J.J Barea, plus the usual dose of late-game production from Most Valuable Player candidate Luka Doncic.
THE PESO moved sideways on Monday following the latest round of cuts to banks’ reserve requirement ratios (RRR) and as markets await the Bangko Sentral ng Pilipinas’ (BSP) monetary policy decision.
PHILIPPINE SHARES failed to sustain their recovery on Monday as investors poured money into the US market on the back of better jobs market data.
Typhoon Tisoy (international name: Kamurri) left 17 people dead, isolated several provinces, and destroyed infrastructure and agriculture worth billions of pesos. Torrential rain submerged hundreds of villages in the Bicol region as well as in Isabela and Cagayan, floodwater rising to as high as the roof of most houses in those provinces.
“Can rights and values be universal if they seem, even after lengthy explanations of the communitarian case, to be rationed by a subset of rules about sovereign boundaries? Perhaps we should agree to think of rights and values as limited resources...” -- Jeremy Harding, “Europe at Bay,” London Review of Books 34(3), 2012
Section 116 of the Revised Corporation Code (RCC) defines a “One Person Corporation” as a corporation with a Single Stockholder, who must either be a: (i) natural person; (ii) trust; or (iii) estate, and which shall be governed by a special set of provisions under its Chapter III, Title XIII. However, as will be demonstrated in the discussions below, it would be easier to view the Single Stockholder in a One Person Corporation (OPC) setting as simply a natural person.
The good news in the country’s labor force survey reported by the Philippine Statistics Authority (PSA) is that unemployment rate has significantly declined, from 6% in October 2014 to only 4.5% in October 2019. The underemployment rate has also declined to only 13%.
JOB DESCRIPTIONS are supposed to define one’s role, accountability, and sometimes the resources to be made available. (You are not entitled to any information or funds.) Anyway, no matter how a subject performs the duties specified in the job description, he still needs to serve in some committee.
A TASK force on constitutional reforms wants to strengthen political parties, ban turncoats and political dynasties as part of changes to the 1987 Philippine Constitution.
A COMMUTERS’ group has asked a Quezon City court to stop five motorcycle taxi companies from operating, accusing them of being fly-by-night operators that expose their customers to undue risks.
THE Supreme Court has started a help desk that will receive complaints from the public against judicial personnel, among other things.
THE judge who heard a decade-old case involving the massacre of more than 50 people in Maguindanao province in the nation’s south has done a good job by giving all parties the chance to argue their case, Chief Justice Diosdado M. Peralta said on Monday.
THE PASIG River Ferry Services is back in operation, providing an alternative mode of transport between the cities of Pasig and Manila.
VISAYAN ELECTRIC Company, Inc. targets to bring electricity to all unserved communities in its franchise area by the end of 2020. Visayan Electric President Jaime Jose Y. Aboitiz, at the recent media appreciation party in Cebu City hosted by Aboitiz Group, said this commitment is aligned with the Department of Energy’s goal of total electrification by 2022.
“WE ARE Davao de Oro” reads the new profile picture on the official social media page of what used to be Compostela Valley province.
VARIOUS SPONSORS have committed to fund an initial 40 temporary shelters under the adopt-a-home program for families displaced by the October earthquakes in Cotabato. These will be built in the town of Tulunan, the epicenter of the strong tremors that shook Mindanao. Vice Governor Emmylou T. Mendoza, who initiated the program that has been made part of the Comprehensive Provincial Rebuilding Plan (CPRP), said the donors are the Integrated Bar of the Philippines-Davao Chapter for 20 units, a group from Siargao for 10, and Provincial Board Member Shirlyn Macasarte-Villanueva for another 10.
An air conditioned modern jeepney, one of the first units that started operating this month, serves the ITGSI-Jaro-City Proper route in Iloilo City alongside old ones.
So you hit your seed round goals. What next? Two startup founders share their insights on how to best manage investor money to make your business soar.
A disaster recovery effort that aims to create resilient and sustainable communities, Pepsi Cola Products Philippines Inc. (PCPPI) continues to assist earthquake-stricken areas in...
35 Innovative Products, Services and Organizations Honoured International Innovation Awards 2019 in Singapore
Enterprise Asia announced the winners of the International Innovation Awards 2019 in Singapore. Thirty five products, services and organizations are named as award winners...
The digital economy is a goldmine for both businesses and consumers in Southeast Asia. What sectors are propelling its massive growth, and how can startups capitalize on their respective opportunities? Google, Temasek, and Bain & Company share e-Conomy SEA 2019 report.
International Innovation Summit 2019 urges Asian governments and corporates to prioritize innovation to combat global uncertainty Governments across Asia are urged to prioritize innovation and...
The Christmas season is widely recognized as a period of celebration and merriment. Here in the Philippines, as early as September, buildings get decorated...
The Christmas season is regarded as the “most wonderful time of the year.” However, it is also the most stressful time for many who...
The spirit of the much-awaited festive is now being felt across the country. As the dusk occurs, every street transforms into a spectacle of...
The Christmas season makes us again wonder what we will give to our loved ones, friends, and workmates. There are many gift ideas to...
It is once again that time when companies or groups of people gather in celebration of Christmas and a productive and fruitful year. Parties...
Noche Buena, which translates to “good evening” in Spanish, refers to the night of Christmas Eve commemorating the birth of Jesus Christ. In the...
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