Home 2020 March 10

Daily Archives: March 10, 2020 | 9:45 pm

Funding package of P1.65B for Covid-19 approved in committee

THE HOUSE committee on appropriations approved Tuesday P1.65 billion in supplemental funding to support the government’s response to the coronavirus disease 2019 (Covid-19) outbreak.

Metro Manila food supply deemed adequate in event of lockdown

AGRICULTURE Secretary William D. Dar said Metro Manila’s food supply will be sufficient in the event of a lockdown and movement restrictions due to the increasing number of coronavirus (COVID-19) cases in the National Capital Region (NCR).

Amendment allowing full foreign ownership in telecoms hurdles House

A MEASURE allowing foreign ownership of telecommunications and transportation businesses was approved on third and final reading in the House of Representatives Tuesday.
Bureau of Internal Revenue (BIR)

Bill granting amnesty on back taxes approved

THE House committee on ways and means said Tuesday it approved an amnesty measure for taxpayers owing back taxes to the government if they pay the equivalent of 3% of their net worth.

Senate’s POGO money laundering probe to go ahead on Thursday

THE SENATE Blue Ribbon Committee will go ahead with its investigation into alleged money laundering linked to the Philippine Offshore Gaming Operators (POGOs) even as President Rodrigo R. Duterte defended the industry.

POEA suspends new-hire deployments to Lebanon

THE Philippine Overseas Employment Administration (POEA) said it suspended deployments of newly-hired workers to Lebanon on account of the political and financial crises there.

NPC urges gov’t to protect COVID-19 patients’ privacy

THE National Privacy Commission (NPC) said the government needs to honor patient confidentiality for victims of the coronavirus (COVID-19), after the Palace declared the outbreak a public health emergency.

NAIA passes Australian gov’t security assessment

AIR travel regulators said Tuesday that the Philippines’ main gateway, the Ninoy Aquino International Airport (NAIA), passed a security assessment by the Australian government.

Dairy agency ordered to double milk production

AGRICULTURE Secretary William D. Dar said the National Dairy Authority (NDA) has been set a 100% production growth target for liquid milk within five to eight years.
power line Transco NGCP

PSALM 2019 collections over P98-billion debt reduction effort ahead of target

STATE-OWNED Power Sector Assets and Liabilities Management Corp. (PSALM) collected P98.37 billion in revenue and receivables last year, allowing it to slash its debt by P27.18 billion, exceeding targets.

Magallanes at 500

MADRID, SPAIN. The city brings to mind the buzz in Philippine culture, academic, tourism, and diplomatic circles about the forthcoming quincentenario of the arrival of navigator Fernando Magallanes in Samar. Five hundred years seems something: perhaps like a comet returning, lighting up the past in the sky.

A climate of doublespeak

When the President says one thing and his apologists say another, quickly adding that we should not take Duterte’s word literally, you’ve probably heard that many times before.

A virus in the White House?

There’s a new epidemic being posted in social media. Moronavirus. The root word is “moron” as in idiot, stupid or nincompoop. A more charitable synonym is “incompetent.”

Refusing to turn a blind eye: Implementing the Philippine Marrakesh Regulations to benefit the...

The 1987 Constitution requires the State to protect and promote the right of all citizens to quality education at all levels, and to take appropriate steps to make such education accessible to all. It reflects the State’s policy to adopt a more inclusive educational institution that does not discriminate against the underprivileged and persons with special needs.

Taking a bow

THEATER has a ritual calling back performers on stage after the end of the play to take a bow. The audience showers the cast with standing ovations, hoots, catcalls, and prolonged applause. The curtain call allows performers to be called back again and again to bask in the audience’s appreciation. They sometimes accommodate the audience (“more, more”) with an encore number greeted with even more enthusiasm. Those heading for the exits turn back and stay to the end.

UAAP scraps volleyball activities until March 17

FOR the second time this season the coronavirus disease 2019 (COVID-19) forced the University Athletic Association of the Philippines to make an adjustment in its volleyball calendar.

What the oil price crash means for the climate

FOR THOSE AWAITING more aggressive action on climate change, it may look like a breaking point has finally arrived.

Team success, continued improvement goals for Dyip’s CJ Perez in second year

HAD ONE of the more stellar rookie seasons in recent Philippine Basketball Association history last year, Columbian Dyip star CJ Perez looks to have more team success and to continue his improvement as he embarks on his second year in the league.

Philippine Azkals FIFA World Cup 2022 qualifying matches postponed

LOCAL fans looking forward to seeing the Philippine men’s national football team back in action have to wait a little longer after scheduled matches of the “Azkals” in the FIFA World Cup Qatar 2022 Asian Qualifiers were postponed to a later date over concerns on the coronavirus disease 2019 (COVID-19).

Ceres faces Bali United behind closed doors at Rizal Memorial

AMID concerns over the spread of the coronavirus disease 2019 (COVID-19), the AFC Cup Group G match between local club Ceres-Negros FC and visiting Bali United FC of Indonesia will be played behind closed doors today at the Rizal Memorial Football Stadium in Manila.

Peso climbs vs dollar on positive PHL trade data

THE PESO continued to strengthen against the dollar on Tuesday despite more confirmed cases of the coronavirus disease 2019 (COVID-19) in the country on the back of positive market sentiment due to positive trade data.

PSE index inches higher as investors buy bargains

LOCAL SHARES saw a slightly better close on Tuesday, ending flat amid improved performances of some index members.

Local COVID-19 test kits OK’d to speed up diagnosis

THE Food and Drug Administration (FDA) has approved coronavirus disease 2019 (COVID-19) test kits developed by local scientists to help speed up diagnosis amid rising cases in the Philippines.
workers employees

Government seeks 4-day workweek to contain virus

THE PRESIDENTIAL palace has called on both the public and private sectors to adopt alternative work schedules to help contain a novel coronavirus outbreak.

Jail visits stopped as coronavirus infections rise

THE BUREAU of Corrections has suspended jail visits at all prison facilities nationwide to prevent more novel coronavirus infections. The suspension starts today.

SWS: 7 in 10 street children in Iloilo City, Cagayan de Oro involved in...

SEVEN in 10 street children, aged four to nine, in two first-class urbanized cities were found working, mostly in eateries or shops, a Social Weather Stations (SWS) survey revealed.

COVID-19 Regional updates: Luzon

THE STA. ELENA High School in Marikina gets sanitized as part of the massive disinfection activity launched by the local government following one confirmed coronavirus case, or COVID-19, case in the city.

COVID-19 Regional updates: Visayas

DILG overturns Bacolod ban on ships from China THE DEPARTMENT of Interior and Local Government (DILG) has overturned Bacolod City’s ban against all cargo ships...

COVID-19 Regional updates: Mindanao

Virus-handling orientation A MEMBER of Zamboanga City’s COVID-19 Core Team, led by the City Health Office under Dulce D. Miravite, conducts an orientation on handling...

Nationwide round-up

THE SENATE Energy Committee deferred probe on the alleged anomalies in the National Grid Corporation of the Philippines (NGCP) after its President, who was feeling “unwell,” skipped Tuesday’s hearing.

Nation at a Glance — (03/11/20)

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

NBA: Nuggets send Bucks to 3rd straight loss, 109-95

LOS ANGELES -- Jamal Murray scored 21 points, including Denver’s first nine to start the fourth quarter, Paul Millsap had 20 points and 10 rebounds, and the host Nuggets beat the short-handed Milwaukee Bucks 109-95 on Monday night.

A positive ‘high’ with Muay Thai: Malabonian Ninjas conquer life challenges through sports

IT’S NEVER TOO LATE to kick bad old habits especially when you’re young and you have the passion to improve your life and those of your loved ones.

Brillantes tops Predator-Volturi 9-Ball Cup 2020 tournament

WILLIAM BRILLANTES outclassed Matt Ablaza, 8-2, to rule the Predator-Volturi 9-Ball Cup 2020 tournament held at the AMF-Puyat Makati Cinema Square, Makati City over the weekend.

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The rookies are here

After some delay the volleyball tournament in Season 82 of the University Athletic Association of the Philippines finally got under way last week. It was a start that was much anticipated because, among other things, of the group of talented rookies, particularly in women’s play, that was set to embark on their collegiate journeys.

Sore loser

Longtime hoops fans know better than to give weight to the bitter pronouncements of the Clippers’ Patrick Beverley over the weekend. Even as he gave props to the Lakers for besting them in a matchup the Staples Center marquee boldly proclaimed as a “Battle for L.A.,” he belittled the contributions of Most Valuable Player candidate LeBron James. “We gotta give them a lot of credit,” he said in the aftermath. “Living in L.A., it’s hard to deal with this loss, but we have to wash this down the shower, keep getting better, and we will.” Which was all well and good. However, he also couldn’t resist throwing a ridiculously off-target jab at the leader of the purpose and gold, arguing in response to queries from Inside the Green Room’s Harrison Sanford that defending the latter was “no challenge and “not hard at all.”

Exports outpace imports in January

The country's trade-in-goods deficit narrowed in January after merchandise export growth outpaced the increase in imports, the government reported this morning. Preliminary data released...

Gov’t postpones panda bond sale

THE GOVERNMENT will likely tap the offshore market to raise around $1 billion to $1.5 billion in dollar-denominated papers and $1 billion via yen bonds this year, but is unlikely to return to the yuan bond space in the first half as the coronavirus disease 2019 (COVID-19) outbreak continues to affect China’s economy.

NEDA sees job losses up to 60,000 due to virus

THE National Economic and Development Authority (NEDA) estimated up to 60,000 jobs in the tourism and manufacturing sectors may be lost if the coronavirus disease 2019 (COVID-19) outbreak persists until June.
PSE BGC bells

Philippine stocks slide into bear market territory

PHILIPPINE STOCKS plunged by nearly seven percent on Monday, its biggest decline in more than a decade and setting the stage for a return to bear market territory.

Risks stack up for central bank chief in his second year

PHILIPPINE central bank Governor Benjamin E. Diokno’s plate is full as he starts his second year in office.

More companies studying REIT as funding option

THE new rules on real estate investment trust (REIT) is starting to attract businesses outside traditional property developers, as operators of toll roads and airports have begun studying the potential of such fund-raising tool.

Cebu Pacific senior officials decide to take pay cut

SENIOR management officials of Cebu Pacific have decided to take a pay cut as the coronavirus outbreak continues to affect the budget carrier’s operations.

Chelsea Logistics was not profitable last year, says Dennis Uy

DESPITE a 35% increase in its revenues for 2019, Chelsea Logistics and Infrastructure Holdings Corp. said it failed to achieve profitability in that year, citing the full costing of ships it deployed, expenses it incurred for new vessels and the construction of its new warehouse complex.

REITs, outsourcing firms seen to drive property market growth

THE Philippine real estate industry is seen to keep growing this year, driven by the kickoff of real estate investment trusts (REITs), expanding business process outsourcing (BPO) industry and strong consumer demand.