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Daily Archives: February 4, 2020 | 11:53 pm

Imports of vaping products awaiting Customs order — DoF

IMPORTS of vaping products could continue once the Bureau of Customs (BoC) issues a memorandum outlining the proper procedures, the Deparment of Finance (DoF) said.

House, DBM plan measures to speed up budget approval

THE House of Representatives and the Department of Budget and Management (DBM) are working out procedures that will speed up the approval of the national budget and ensure no provisions are vetoed, Speaker Alan Peter S. Cayetano said.

Miners face funding squeeze as green investing surges

CAPE TOWN -- As global investors shift away from heavy industry in favor of cleaner sectors, mining companies are losing billions in financing, raising the cost of capital and jeopardizing projects.

Senate pushes for renewed oversight over intelligence funds

A RESOLUTION seeking to reactivate the oversight panel on the use and disbursement of intelligence and confidential funds has been filed in the Senate.


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PHL, Kuwait agree on standard contract for domestic workers

THE Philippines and Kuwait have signed an agreement to implement a Standard Employment Contract for Filipino household workers, the Department of Labor and Employment (DoLE) said Tuesday.
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House TWG to consolidate corn institute bills

THE House Committee on Agriculture and Food created a technical working group (TWG) Tuesday to consolidate seven bills seeking to establish the Philippine Corn Research Institute (PhilCorn).

TechnoFarm planning P1-billion cold storage for farm imports

AGRI-LOGISTICS company TechnoFarm plans to open an estimated P1-billion cold storage facility for its agricultural imports.

Bureau of Corrections cleans house after unwanted year in spotlight

IT’S BEEN an uncomfortable year in the headlines for the Bureau of Corrections (BuCor) after a prisoner early-release scandal, revelations of widespread drug-dealing and unauthorized creature comforts inside the prison system dented confidence in the government’s handling of some of its worst convicts. So it’s no surprise that the first order of business for its leadership is a thorough purge.

Transport safety agency seen improving confidence in travel, boosting tourism

AN ADVOCACY GROUP is lobbying for the passage of a pending measure creating a National Transportation Safety Board (NTSB) to improve confidence in the transportation industry and encourage more tourism.

PBA looks to spread wings for Season 45

WHEN the Philippine Basketball Association’s Season 45 unfurls beginning March 1 it will see the league spreading its wings, adding new offerings to complement its steady fare.

Butler scores 38 as Heat beat 76ers

MIAMI -- Five-time All-Star Jimmy Butler -- playing against the team that traded him last year -- scored a season-high 38 points in just 29 minutes to lead the host Miami Heat past the Philadelphia 76ers 137-106 on Monday night.

Carlo Singson steps down as NBA Philippines head

AFTER two decades at the helm of the National Basketball Association’s push in the country, Carlo Singson is stepping down as managing director of NBA Philippines, the league announced on Tuesday.

Ajinomoto’s aminoVital brand unveils sports series thrust

PICKING UP from its move to support the 30th Southeast Asian Games here in December, Ajinomoto recently unveiled its thrust to continue its commitment to champion various sports in the country.

Lenovo reaches out to Cebuano gamers with exclusive Legion Store

IT’S shaping up to be an exciting year for gamers in the Queen City of the South as Lenovo opens its Legion concept store in SM City Cebu.

OJ Reyes wins the Fide/NCFP Standard rating grand finals age group chess championships

OSHRIE Jhames “OJ” Constantino Reyes, grade 3 pupil of GNC Montessori, Pampanga, defeated Yuan Carl Ditao in the ninth and final round to top the FIDE/NCFP Standard rating grand finals age group chess championships held at in Olongapo City on Jan. 31 to Feb. 2.

DLSAA-P to hold TCS Clark Animo International Marathon

FOLLOWING the exhilarating 2019 race that saw 10,000 runners participating, the De La Salle Alumni Association Pampanga (DLSAA-P) Chapter will hold the TCS Clark Animo International Marathon 2020 on March 8. This year’s event will have exciting new features that will complement the internationally certified courses and special activities.

All-time list

If you happened to be active on Facebook like this writer, you might have come across a thread on your feeds asking to name your favorite players of all-time from each of the 30 National Basketball Association teams and after which copy and repost them for others to give theirs.

Superior still

Considering Novak Djokovic‘s experience in defense of his Australian Open crown, “rally” doesn’t quite describe the work he did in order to win. While he claimed the opening set with aplomb, getting 80 percent of his first serves in and winning 80% of his second, it was clear that fellow finalist Dominic Thiem would not be an easy out despite early jitters. In fact, he played nowhere near as well as his opponent in the second and third sets. For the first time in a long, long while, and for the first time ever at Melbourne Park, he looked rattled, shaken, and all too ready to fold.

Agents to help find suspected coronavirus carriers

THE National Bureau of Investigation (NBI) will help find people suspected to be infected with a coronavirus strain that has killed hundreds in China and sickened thousands more.

Lawmaker seeks P2.4B versus virus

A CONGRESSMAN filed a bill on Tuesday seeking P2.4 billion in supplemental budget to prevent a coronavirus outbreak in the Philippines.

UK seeks inmate transfer agreement with Philippines

THE United Kingdom wants an agreement with the Philippines that will allow sentenced British convicts to go home and vice versa, a Justice official said on Tuesday.

1st business park to rise in Tuguegarao City

THE NORTH Gateway Business Park, the first of its kind in Tuguegarao City, was launched Monday by developer Data Land Inc. with local officials.

P575M assistance distributed to Central Luzon rice farmers

RICE FARMERS in four provinces in Central Luzon will receive a total of P575 million under the Rice Farmers Financial Assistance (RFFA) program, the Department of Agriculture (DA) reported on Tuesday.

Davao taps good old-fashioned radio as another disaster management tool

IN THIS internet age when social media platforms have become a leading information source and communication tool, good old-fashioned radio remains a formidable device in remote areas -- and anywhere during calamity situations.

RDC to endorse Iloilo-Capiz-Aklan expressway for feasibility study

AN ELEVATED expressway that will connect the provinces of Iloilo, Capiz, and Aklan will be endorsed by the Western Visayas Regional Development Council (RDC) to pave the way for a feasibility study.

GenSan eyes more trade, tourism ties in the north with direct flights to Clark

GENERAL SANTOS City’s public and private sectors are aiming to boost trade and tourism ties in the country’s northern island following Monday’s launch of direct flights to and from Clark International in Pampanga.

Peso climbs on efforts to contain Wuhan virus

THE PESO continued to climb on Tuesday as markets heeded positive signals from China’s central bank, which said it will lend support to the economy amid worries on the coronavirus outbreak.
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PHL stocks snap losing streak on bargain hunting

LOCAL SHARES were able to recover on Tuesday after six straight days of decline due to bargain hunters taking center stage.

Building a legacy for health

The Malasakit Center Act (Republic Act No. 11463) is probably one of the fastest legislative measures that has been passed and signed under the 18th Congress. It took only five months since the bill was filed in both Houses of Congress, and thereafter was signed by President Rodrigo Duterte on Dec. 3, 2019. As of this writing, a total of 61 Malasakit Centers have already been launched and are operational nationwide even as the first public consultation on its draft implementing rules and regulations (IRR) just started on Jan. 30, a few days ago.

Revival of expired corporations

Much has been said about the feature of the Revised Corporation Code (RCC) allowing corporations to have perpetual existence under Section 11 of the RCC. Yet, there is also a nifty feature tucked in under the same section allowing the revival of those corporations whose corporate terms have expired. Pursuant to this provision, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular No. 23, Series of 2019 or the Guidelines on the Revival of Expired Corporations. The Guidelines became effective on Dec. 6 last year and the SEC has started accepting applications for the revival of expired corporations until then.

On banning US trips and junkets

President Rodrigo Duterte’s directive banning travel to the US by members of his cabinet is just one more move of the president to curb junkets of officials in his administration. While the ban is his way of “getting even” with the US for cancelling the 10-year tourist visa of one of his favorite officials, former PNP chief and now Senator Ronald “Bato” de la Rosa (plus the likely cancellation of the visas of other officials involved in the incarceration of Senator Leila de Lima), Duterte’s move is in line with earlier directives banning “wasteful” foreign travel.

Playing the pity card

Part of the effort to push back on the rhetorical excesses of leaders when they inveigh against certain personalities as well as economic projects cast in regulatory limbo is to invoke the dire consequences of the actions being contemplated.

Wuhan isn’t China’s Chernobyl

BOTH DISASTERS affected millions of people, well beyond their borders. Both occurred in tightly controlled, socialist, single-party states. Both were initially hushed up by zealous officials.

The FAA doesn’t care if you feel like a sardine in that plane

ONE OF THE things we learned in the wake of the two 737 Max crashes that killed 346 people within five months is that the Federal Aviation Administration (FAA) and the Boeing Co. were “too cozy for either’s own good,” as my colleague Brooke Sutherland wrote in March. The FAA, it turned out, had outsourced much of the certification process for the plane to Boeing itself. As a result, a flawed aircraft was allowed to fly, with tragic results.

Suntrust bags most innovative residential developer 2019

Suntrust Properties, Inc. (SPI) starts the year on a high note with its recent citation as the Most Innovative Real Estate Developer 2019 in...

Affordable cancer protection with AXA’s Health Start

Cancer, aside from being among the top diseases that cause death in the Philippines, is also found to be one of the most expensive...

Uncooperative folks in anti-virus drive warned by DILG

CITIZENS and foreigners showing symptoms of the novel coronavirus and who refuse to be examined by a doctor will be taken from their homes and brought to a public hospital by police, the Interior and Local Government department said on Monday.

Manufacturing purchasing managers’ index of select ASEAN economies, January (2020)

THE Philippines’ manufacturing sector is off to a good start this year as factory activity in January improved at its strongest rate in a...

Factory activity picks up in January

THE Philippines’ manufacturing sector is off to a good start this year as factory activity in January improved at its strongest rate in a year, in contrast to the generally subdued performance across the Association of Southeast Asian Nations (ASEAN).

Billionaire Razon buys 25% stake in Manila Water

PHILIPPINE billionaire Enrique K. Razon, Jr. will buy a 25% stake in Ayala Corp. unit Manila Water Co., Inc. amid a government review of allegedly onerous water contracts.

Tourism industry starts counting cost of China virus outbreak

THE TOURISM INDUSTRY expects P20 billion in revenue losses as tourist arrivals from China plunge after the new coronavirus outbreak, Tourism Congress of the Philippines President Jose C. Clemente III said on Monday.

2% agri output growth achievable despite ASF

THE Department of Agriculture (DA) hopes to achieve a two percent growth in agricultural production this year despite failing to meet the target in 2019 as the African Swine Fever (ASF) outbreak is seen to continue weighing on the livestock sector.

8990 Holdings forecasts year’s revenues to hit P20 billion

8990 Holdings, Inc. is expecting to record revenues of about P20 billion for 2020, driven by the partial opening of its Urban Deca Homes Ortigas project by year’s end.

Yolanda short documentary wins Slamdance film fest prize

CEBUANA filmmaker Joanna Vasquez Arong’s short documentary film on the harrowing effects of the 2013 Supertyphoon Haiyan/Yolanda on the residents of Tacloban City in Leyte and Guian, Samar won the Grand Jury Prize for documentary short at the recently concluded Slamdance Film Festival in Park City, Utah.

Fruitas buys soybean products store and rice-meal operator

FRUITAS Holdings, Inc. is acquiring a soybean product company and the store assets of a Filipino food stall firm as part of expanding its business, it told the stock exchange on Monday.