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Daily Archives: March 9, 2020 | 10:36 pm

airplane aircraft

Deferred airport fees ordered for airline coronavirus relief

AIR TRAVEL regulators said they will defer collection of take-off, landing and parking fees from Philippine carriers as a form of relief from the coronavirus outbreak.

Palace certifies CITIRA as urgent

THE measure lowering the corporate income tax (CIT) and streamlining fiscal incentives was certified as urgent Monday by President Rodrigo R. Duterte.
SEIPI

SEIPI bats for perpetual 7% GIE tax rate

THE electronics industry said it is lobbying for lower tax rates on gross income earned (GIE) as well as perpetual entitlement to this incentive for exporters, both of which would represent a more generous tax treatment than the GIE incentives proposed in a pending tax reform bill.
PECO

PECO seeks ERC to reconsider revocation of authority to operate

PANAY Electric Co., Inc. (PECO) has asked the Energy Regulatory Commission (ERC) to permit the distribution utility’s continued operation in Iloilo City while the area transitions to a new franchise holder, after the regulator revoked PECO’s authority to do so.

Moody’s retains PHL growth view at 6.1% after downgrades elsewhere

MOODY’S Investors Service said it maintained its growth outlook for the Philippines after trimming its forecasts for other economies to factor in the impact of the coronavirus (Covid-19) outbreak.
pig farm

LGUs need to take the lead on ASF, DA says

LOCAL Government Units (LGUs) need to take the lead as “first responders” in containing African Swine Fever (ASF) after the spread of the disease nationwide, Agriculture Secretary William D. Dar said.

Agricultural trade falls in fourth quarter on import decline; exports rise

INTERNATIONAL trade in agricultural goods fell 4.8% year-on-year to $5.06 billion in the fourth quarter of 2019, with exports growing and imports declining, the Philippine Statistics Authority said (PSA) said Monday.
cellphone tower third player NTC

Fitch sees telco capex needs delaying deleveraging

FITCH RATINGS said the increased capital expenditure (capex) by PLDT, Inc. and Globe Telecom, Inc. in 2020 will delay their deleveraging despite higher revenue from data and the more stable competition observed in the last quarter of 2019.

House bill filed penalizing bulk cash smuggling

A MEASURE penalizing bulk cash smuggling and adding to the Anti-Money Laundering Council’s (AMLC) powers against money-laundering was filed in the House of Representatives Monday.


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Empowering taxpayers during tax assessments

March is International Women’s Month; we are celebrating the contributions of women to society, upholding women’s rights, and advocating women empowerment.

Dignity of labor versus the capitalist ethos: equality or hierarchy?

In recent weeks, the internet has been bursting with viral stories on disgruntled labor: a Virra Mall security guard taking hostages and demanding that “his voice be heard,” a young girl enslaved as a POGO worker, Honda workers demanding a “dignified ending” and fair severance pay, and, workers of ABS-CBN protesting the non-renewal of the TV network’s franchise. In this piece, I argue that these recent events reveal that there is a clear conflict between the value for equality (i.e which informs the belief that there is dignity in labor) and hierarchy (or management prerogative as the foundation of the capitalist ethos).

State of the national health emergency

Last Saturday, March 8, President Rodrigo Duterte declared a nationwide state of public health emergency pursuant to a Department of Health (DoH) letter of recommendation from Health Secretary Francisco Duque dated Feb. 21 should local transmissions occur. The day before, we learned that the number of confirmed cases of COVID-19 in the country had risen to six, two of which were deemed locally transmitted. Yesterday, four more cases were confirmed. We’re now on alert level Code Red sub-level one. It means we’re one step away from the “possible sustained community transmission” of the virus, or Code Red.

CITIRA vs. EODB

The Philippines made remarkable progress in the ranking of the World Bank’s Doing Business (DB) 2020 Report, from ranking 124th rising by 29 notches and landing at 95.

Thank you, Metro Manila water concessionaires

In a speech before new appointees in Malacañang on Feb. 6, President Rodrigo Duterte blasted again the two Metro Manila water concessionaires. He said, “Where is the money of the average Filipino who are poor who pays his water bill and he has to pay because if (not) it will be cut off? Where is the money of that son of a b****? Give us back the money. Give it back to the people and maybe we can talk about solving your problem.”

Stories into the future

“THERE IS A LOT of heart and scientific focus that went into bringing this probiotic into the world,” claims Singh. “We made hundreds of attempts, and failed as many times.” With a background in naturopathy and a bias for a vegan diet, Singh and his wife had made up their mind to create something good and something worthwhile. Today, they claim that their yoghurt is getting accolades the world over. “We are kind of persistent when it comes to health and well-being,” he adds smilingly.

Peso climbs as oil prices decline

THE PESO strengthened against the greenback on Monday on the back of lower oil prices, which could mean slower inflation expectations.

PHL shares plunge on worries over coronavirus

LOCAL STOCKS dropped to enter bear territory on Monday, battered by sustained worries on the coronavirus disease 2019 (COVID-19) and the collapse of oil prices globally.

Gov’t confirms 14 more coronavirus cases

THE DEPARTMENT of Health (DoH) on Monday reported 10 new cases of the novel coronavirus in the Philippines — all Filipinos aged 24 to 72 — bringing the total infections to 20.

Patented drug imports an option during national emergency

THE Health department can import patented medicines through a compulsory license during a national emergency, the Intellectual Property Office of the Philippines said, amid rising cases of a deadly coronavirus strain.

SC asked to issue jurisprudence on treaty termination

PHILIPPINE senators on Monday asked the Supreme Court to issue jurisprudence on whether the Executive branch can unilaterally end a treaty that the chamber had concurred in.

PHL boxer Marcial earns Summer Olympic spot

COUNT boxer Eumir Felix Marcial as one of the athletes from the Philippines seeing action later this year at the Summer Olympic Games in Tokyo, Japan.

Agri-tourism and innovation center to rise in Abra

THE DEPARTMENT of Agriculture, together with the Abra provincial government, broke ground for an agri-tourism and innovation center in Tayum town last Saturday.

COVID-19 regional updates: Lingayen disinfects schools, assisting in contact tracing for Covid-19+ visitor from...

WITH CLASSES suspended on Monday in Lingayen, the capital town of Pangasinan, schools were sanitized as authorities continue tracing those who came into contact with a homecoming Filipino who tested positive for the coronavirus 2019 (COVID-19) upon returning to Australia.

Iloilo City mayor to meet barangay leaders after 46 villages fail road clearing assessment

ILOILO CITY Mayor Jerry P. Treñas is meeting village leaders this week after 46 areas failed in the assessment for compliance to the national government’s road clearing policy.

Davis, LeBron lead Lakers in showdown over Clippers

LOS ANGELES -- Anthony Davis had 30 points and eight rebounds, and the Los Angeles Lakers snapped the host Los Angeles Clippers’ six-game winning streak with a 112-103 victory on Sunday.

Cycling team Bicycology Shop-Philippine Army riding and winning as one

INDIVIDUAL honors is good, but to win, even lose, as a team is better for the Bicycology Shop-Philippine Army in the just-concluded LBC Ronda Pilipinas.

Kaya plays PSM Makassar in Jakarta; match to be held behind closed doors

JAKARTA, INDONESIA -- A year after two fiery matches in the AFC Cup, the Philippines’ Kaya FC–Iloilo and Indonesia’s PSM Makassar are set to meet again in back-to-back games in the Asian club competition. The teams will face off today, at the Gelora Bung Karno Madya Stadium in Jakarta, before meeting again in Manila on April 15. With only a point separating the two sides in Group H, and the memory of last year’s contests still fresh, both contests are expected to bring plenty of exciting action.

DepEd revives, expands suspension on events, field trips

THE DEPARTMENT of Education (DepEd) has reactivated the ban on national and regional activities following the confirmation of new coronavirus disease 2019 (COVID-19) cases in the country.

Taraka taps P100M DBP loan for irrigation, water supply projects

THE MUNICIPALITY of Taraka will be the first to avail of a loan from the Development Bank of the Philippines (DBP) under the Mindanao Water Program, Mindanao Development Authority (MinDA) Chair Emmanuel F. Piñol announced Monday.

Lady Spikers go for second win in a row

HAD it solid in their University Athletic Association of the Philippines Season 82 women’s volleyball debut at the weekend, the De La Salle Lady Spikers look to sustain their form as they go for their second win in a row in league action today.

Road to T’boli town weavers, other tourism sites completed

SEVERAL ROAD projects have been completed in the town of T’boli, including the Lang Dulay Road that leads to the site of its T’nalak weavers.

Sports events hit by the coronavirus epidemic

HERE is a partial list of international sports events hit by the coronavirus outbreak.

Nationwide round-up

THE ANTI-GRAFT court denied for lack of merit the bid of former first gentleman Jose Miguel T. Arroyo and his co-accused for a demurrer to evidence in connection with a helicopter purchase deal with the police in 2009.

Games from Aeroflot

The Aeroflot Open was a huge gathering of very strong players and naturally a lot of beautiful chess was played. Here is my favorite game from the event.

Nation at a Glance — (03/10/20)

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

Lakers vs best of rest

The Lakers knew they had their work cut out for them heading into the extended weekend. On their plates were a pair of matches deemed to define their last-quarter blitz through the 2019–20 season. Considering their status as tops in Western Conference standings, and with a relatively healthy lead over the best of the rest, the outcomes of the set-tos didn’t appear nominally critical. On the other hand, more than simple bragging rights were at stake for them. The Bucks and Clippers just so happened to be the biggest stumbling blocks to their championship hopes, and not for nothing had they been a combined zero and three against the powerhouses.

Colorful Holi Festival canceled due to virus fears

THE Asia Society announced that Holi Festival 2020 has been canceled due to the government’s declaration of a public health emergency over COVID-19.

Art in the Park postponed on virus fears

ART IN THE PARK, the “affordable art fair” which attracts throngs of art lovers and artists of all stripes, has been postponed because of the coronavirus.

Live-streaming platform KUMU joins fight against human trafficking

KUMU, the country’s fastest-growing social media app, partners with NGO Voice of the Free in the fight against human trafficking through social media.

EDC bags top honors at 55th Anvil Awards

Towards growth and progress for all By Bjorn Biel M. Beltran One of the most biting criticisms of capitalism is the resulting inequality of urbanization and...

Asia to take major FDI hit from global coronavirus outbreak

THE OUTBREAK of coronavirus, formally known as Covid-19 is expected to dampen foreign direct investment (FDI) activity, with significant effects largely concentrated in China, East Asia and Southeast Asia.

Banks may face risks from virus

BANKS with large exposure to industries such as tourism may face risks amid the prolonged spread of the coronavirus disease 2019 (COVID-19), according to an official of the Bangko Sentral ng Pilipinas (BSP).

Supply chain disruption likely to cause price spikes — DoF

THE PRICES of goods may spike, amid the disruption of global supply chains due to the continued spread of the coronavirus disease 2019 (COVID-19), the Finance department (DoF) said on Sunday.

Credit cards face adversity in country where cash is king

MA. VICTORIA M. DIOQUINO, 33, switched to using electronic wallets a year ago to pay her electricity and phone bills.

Where the world’s wealthy live

THE PRICES of goods may spike, amid the disruption of global supply chains due to the continued spread of the coronavirus disease 2019 (COVID-19),...