Shares slump further on fears over virus outbreak
STOCKS dropped further on Monday on last-minute profit taking among investors as fears on the outbreak of the coronavirus disease 2019 (COVID-19) continue to weigh on the market.
Manila eyes travel ban for Italy, Iran amid outbreak
THE Philippines will consider a travel ban for Italy and Iran and may expand restrictions for South Korea as a novel coronavirus outbreak spreads to these countries, authorities said on Monday.
Jurisprudence on treaty termination sought by Senate
THE SENATE on Monday adopted a resolution asking the Supreme Court to come up with jurisprudence on whether President Rodrigo R. Duterte can end a treaty without Senate concurrence.
State monitoring potential laundering
TWO GROUPS of foreigners brought in about $368 million or P18.74 billion into the country last year, prompting authorities to closely monitor potential money-laundering activities with more travelers carrying large sums of foreign currencies.
The Urban-Rural Disparity
By Rolando T. Dy
The poverty incidence among families declined to 12.1% in 2018 from 17.9% in 2015. This is unprecedented. In 2009, the incidence was 20.5% according to the Philippine Statistics Authority (PSA).
The commemoration of the EDSA Event of 1986 will not inspire revolution
By Oscar P. Lagman, Jr.
To Messrs. Juan Ponce Enrile and Gregorio Honasan, Feb. 22 is the day that should be commemorated as the start of the EDSA Revolution because that was when they broke away from the tyrant Marcos.
Drug price control and the nanny state
By Bienvenido S. Oplas, Jr.
Upon the prodding of the Department of Health (DoH) since last year, President Rodrigo R. Duterte issued Executive Order (EO) 104 last month imposing another round of drug price control, on top of drug price control policy imposed in July 2009.
Drug links of offshore gaming being probed
THE Philippine Drug Enforcement Agency (PDEA) is keeping tabs on offshore gaming operators in the country for possible involvement in the illegal drug trade, the agency said.
House panel sets hearing on Honda/Wells Fargo closures, PAL Layoffs
THE House committee on labor and employment has scheduled a hearing for Tuesday on the recent closures of multinational firms’ Philippine operations and layoffs at Philippine Airlines (PAL).
Money laundering eyed as travelers bring in forex
THE Bureau of Customs (BoC) said it has seen more air travelers importing foreign currency beginning in the third quarter of 2019, with most of the cases involving Chinese nationals.
Internet-enabled shoppers account for 75% of FMCG sales — Kantar
SHOPPERS with Internet access are the leading buyers of fast-moving consumer goods (FMCG) by a wide margin, data analytics firm Kantar said.
Poll: Inflation likely picked up in Feb.
INFLATION may have quickened slightly in February due to higher food prices, which was likely offset by lower utility and oil prices amid the coronavirus disease 2019 (COVID-19) outbreak and subsiding risks from the Taal Volcano eruption.