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Daily Archives: January 14, 2020 | 9:46 pm

Barangay Ginebra goes for dominant 3-1 lead vs Meralco

THE BARANGAY Ginebra San Miguel Kings enter today’s Game Four of their best-of-seven Philippine Basketball Association Governors’ Cup final series with the Meralco Bolts looking to notch a commanding 3-1 lead.

Astros fire Hinch, Luhnow following MLB suspensions

LOS ANGELES -- Houston Astros owner Jim Crane fired manager A.J. Hinch and general manager Jeff Luhnow on Monday after both received one-year suspensions from Major League Baseball in the sign-stealing scandal.

Ceres advances to next round of AFC Champions League prelims

CERES-NEGROS FC advanced to the next round of the preliminaries of the AFC Champions League 2020 after holding on and defeating visiting Shan United FC of Myanmar, 3-2, in a round 1 match on Tuesday night at the Rizal Memorial Stadium.
poor poverty

Gov’t adopts more ambitious poverty reduction target rate

THE government has officially adopted a new target poverty rate of 11% by the time it steps down in 2022, from 14% previously, the National Economic and Development Authority (NEDA) said, after the more ambitious target was cleared by economic managers.

Infrastructure financing seen complicated by water dispute

GLOBALSOURCE Partners said rising regulatory risk in government contracting may soon affect public-private partnership (PPP) deals for infrastructure projects, as the President continues to insist on modifying water contracts for Metro Manila while declaring his intent not to support a major broadcaster’s franchise renewal.

Port expected to make Palawan a major cruise destination — DPWH

THE Department of Public Works and Highways (DPWH) expects Palawan to become a major cruise destination with the construction of a P1.5-billion cruise port, whose third and fourth phases are targeted for completion this year.

Consumption-led boom seen continuing into 2020 — FMIC

CONSUMPTION will remain the economy’s main prop amid global headwinds and calamities, with investment remaining clouded due to uncertainty surrounding corporate tax reform and regulated industries like water, participants at a First Metro Investment Corp. (FMIC) briefing said.

PEZA exploring new sources of revenue

THE Philippine Economic Zone Authority (PEZA) is creating a technical working group to explore new income streams, the agency said in a statement Wednesday.

Bacoor pitches reclamation as a flood control measure

THE PROPOSED 420-hectare reclamation project along CAVITEX in Bacoor City is expected to address flooding and facilitate the relocation of informal settler families, the Bacoor City government said in a statement on Monday.

PSEi picks up on bargain hunting as trade resumes

LOCAL SHARES opened the trading week slightly higher as bargain hunters emerged upon the resumption of business operations in the country on Tuesday.

Peso climbs on improved sentiment on US-China

THE PESO climbed on Tuesday amid positive market sentiment on the back of seemingly improving US-China ties ahead of the signing of the phase one trade deal.

Duterte bars PNP from ordering supplies, property

PRESIDENT Rodrigo R. Duterte said he would take away the police’s procurement powers after the agency was said to have bought overpriced speed guns.
Bureau of Immigration (BI)

3 Chinese, one Korean wanted for fraud to be deported — BI

THE Bureau of Immigration will deport three Chinese nationals and a South Korean who are wanted for fraud in their countries, it said in a statement on Tuesday.

Lawmaker seeks probe on Taal Volcano info campaign, emergency response

A LEGISLATOR has filed a resolution seeking to conduct an investigation into the alleged “lack of dissemination of information” on the hazards of the Taal Volcano’s eruption.

Virginia Farms interested in Iloilo slaughterhouse operation

CEBU-BASED Virginia Farms Inc. is interested in investing for the upgrade and operation of the Iloilo City slaughterhouse into a Double AA classification under the National Meat Inspection Service (NMIS).

Lawyer withdraws ICC filing vs Duterte

LAWYER JUDE Josue L. Sabio will withdraw the communication he filed in April 2017 before the International Criminal Court against President Rodrigo R. Duterte.

Zamboanga City mayor says initial P300M fund ready for new airport lot

AN INITIAL P300 million fund from the national government for the purchase of the land where the new Zamboanga City airport will be built is ready for release, Mayor Maria Isabelle Climaco-Salazar announced Tuesday.

Duterte scraps request for Congress special session on Middle East crisis

PRESIDENT RODRIGO R. Duterte has taken back his request for Congress to call for a special session to discuss the Middle East crisis in view of the de-escalating tension between the United States and Iran, according to Presidential Spokesperson Salvador S. Panelo.

Battling locusts

Members of the Office of the Municipal Agriculturist (OMAg) in Alabel, capital of Sarangani, conduct chemical spraying and biological control measures on Jan. 13 in parts of the upland farms of Sitio Salimama, Datal Anggas to prevent locust infestation from spreading to other areas.

Nation at a Glance — (01/15/20)

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

Big Brother is watching

George Orwell’s novel, 1984, told of a society whose citizens were under constant surveillance by the government, their daily activities monitored and their actuations and attitudes controlled, with sanctions imposed on those found guilty of independent thought. Thought Police made sure that the entire citizenry abided by government mandates and behaved accordingly.


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The Internet should hide your data, not share it

BACK IN my days as a web developer, we did our development and testing in porn mode. Those outside the industry might refer to this as an “incognito window,” but the phrase “porn mode” is universally understood because usually no one opens an incognito window unless they’re about to load something unseemly.

Don’t underestimate VP Leni Robredo

Although I have met Vice-President Leni Robredo a few times, I have never had a lengthy conversation with her. Nevertheless, she has always struck me as having a strong backbone. Her uncanny ability to make bold but well-considered decisions and to stick to them was demonstrated when, after giving it a few days of thought and reflection, she accepted the Liberal Party’s left-field offer to run for vice-president. She then worked herself to the bone all over the country, and amazingly won the post and got confirmed by the Comelec. I guess her daughter had solid basis for saying that we should not underestimate their mother’s influence on their late father, Jesse Robredo, who had been my choice for next president after PNoy.

Judges-at-Large Act: An aid to justice

To quote Former Chief Justice Artemio Panganiban: “Trial courts are the dispensers of justice closest to the poor.” But when the demand for justice is clearly disproportionate to that of the number of our judges in the lower courts, how can justice even be dispensed?

New Thinking: 2020 agricultural outlook and beyond

The third quarter performance of the agricultural sector provides a glimmer of hope for the irregular growth pattern of the industry.

No one gets rich by shunning new cars and lattes

MANAGING your financial life requires following three rules.

Pacio looks to continue ascent in brand-new year

FINISHED the Year 2019 strong, ONE Championship world strawweight champion Joshua “The Passion” Pacio of the Philippines looks to sustain his ascent in the brand-new year.

Federer ready and in good shape for Aussie Open

MELBOURNE -- Roger Federer declared himself ready on Monday to kick off the new season at next week’s Australian Open despite having played no competitive matches since November.

Tatum, Brown lead Boston Celtics past slumping Chicago Bulls

BOSTON -- Jayson Tatum scored 21 points and Jaylen Brown chipped in 19 to lead the host Boston Celtics past the Chicago Bulls 113-101 on Monday night.

What a decade it was (conclusion)

As the Year 2019 dropped the curtain a fortnight ago, so did the decade of the 2010s, a stretch that proved to be a solid one for Philippine sports with a number of feats and achievements notched as well as landmark events that enhanced the local sporting scene for the now and the future.

MLB scandal

Any way fans look at it, the punishment handed the Astros for cheating was both unprecedented and shocking. Sign-stealing has been going on for as long as they can remember, as much a reflection of the state of competitiveness in Major League Baseball as of the compelling calling for protagonists to get ahead by any and all means necessary. And yet, the fact that commissioner Rob Manfred threw just about everything, including the proverbial kitchen sink, at quarters he deemed complicit in the conspiracy underscores his belief that it: 1) egregiously overstepped limits through the use of technology; and 2) went on even after he issued a memorandum threatening harsh penalties for its particular type of transgression.

SM Supermalls extends assistance to Taal volcano victims

SM Supermalls, SM Cares, SM Foundation Inc., and Philippine National Red Cross extend urgent relief support and assistance to affected communities via the OplanTulong...
peso

BIR, Customs miss 2019 collection goal

THE GOVERNMENT’S two major revenue-generating agencies collected a total of P2.8 trillion in 2019 but still fell short of their respective targets for the year, the Department of Finance (DoF) reported on Monday.

Taal Volcano eruption risks GDP growth, analysts say

THE CONTINUED ERUPTION of Taal Volcano in Batangas province risks the country’s utilities, agriculture, transport and tourism sectors, not to mention overall economic growth, analysts said on Monday.

Holiday horror: Tagaytay under a cloud of ash

THE weather that Sunday was beautiful, said Jose Ricardo “Pepi” Casas who was in Tagaytay for a family reunion. The skies were clear and there was no sign that just a few hours later, the nearby Taal Volcano would explode, spewing ash, steam, and rocks into a cloud that reached a kilometer into the air.

Oil comes back to haunt Asian currencies as volatility increases

ASIAN CURRENCIES have had a turbulent start to the year as geopolitical tensions have helped revive fears about an old foe that has undermined many of them in the past: crude oil.

Cebu oil exploration firm taps contractor for production wells

CHINA International Mining Petroleum Co. Ltd. (CIMP), a unit of a Hong Kong-listed company, has tapped a contractor to start drilling six production wells in an oilfield up in the mountains of Alegria town in Cebu.

Martin del Rosario, Mystified top Pinoy winners at Asian TV Awards

FILIPINO actor Martin del Rosario and iflix original movie Mystified won Best Leading Male Performance (Digital Category) and Best Single Drama or Telemovie, respectively at the 24th Asian Television Awards held over Jan. 10 to 12 at the Newport Performing Arts Theater in Resorts World Manila, Pasay City.

Firms eye customized banking services

LOCAL COMPANIES are looking to avail of customized banking services to improve the efficiency of their transactions, according to UnionBank of the Philippines, Inc.

PSE sets new trading price threshold to guard investors

THE Philippine Stock Exchange, Inc. (PSE) will be implementing a new dynamic threshold for securities next month after conducting its semi-annual review in July to December 2019.

Speedy zombies inhabit Red’s latest horror outing

TOUTED AS the “first full-scale zombie film by a Filipino studio,” Mikhail Red’s Block Z promises action and gore and thrills as it hits cinemas on January 29.

As firms hold back, US consumers seen boosting big banks’ profits

NEW YORK — Consumer lending is expected to propel profits for big US banks when they unveil fourth-quarter results this week, though stress in corporate lending and uneven capital markets may cast a shadow over results.
PAGCOR

China backs drive vs gambling, says Pagcor

THE Philippines and China are working together to combat Chinese nationals involved in illegal offshore gaming operations in the country, the head of the Philippine Amusement and Gaming Corp. (Pagcor) said, after President Rodrigo R. Duterte gave his assurance that Beijing is not meddling in local law enforcement.

Why one Friends fan in the US now has 236 episodes recorded on her...

WHEN Friends vanished from Netflix in the US on Jan. 1, Amy Smeltzer was ready. She watches the old sitcom almost every day and just couldn’t wait until May for it to resurface on a new streaming service, HBO Max.

Law firm applying for a special audit of Wirecard

FRANKFURT — Law firm Schirp said on Monday it was applying for a special audit of German payments company Wirecard, which is facing allegations of fraud and false accounting, on behalf of its shareholders.