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Casimero has a lot going for him against Micah — analyst

WORLD BOXING ORGANIZATION (WBO) bantamweight champion John Riel Casimero of the Philippines is set to defend his title this weekend against Duke Micah of Ghana in a fight that the Filipino should like his chances in, according to a local fight analyst.

Teams preparing to enter PBA bubble in Clark

WHILE they are still awaiting government approval of the Philippine Basketball Association’s  (PBA) request to resume its currently suspended season, the 12 competing teams of the league are already girding for entry into the tournament “bubble” which could happen next week.

Coronavirus cases near 300,000; death toll rises to 5,127

THE DEPARTMENT of Health (DoH) reported 2,180 coronavirus infections on Thursday, bringing the total to 296,755.

Anti-graft court failed to fast-track cases vs officials — World Bank

THE COUNTRY’S anti-graft court has failed to fast-track trials against high-ranking state officials in the past four decades partly due to limitations of the Philippine Ombudsman, according to the World Bank.

Abetting the information crisis

Despite the people’s Constitutionally protected right to information, the Office of the Ombudsman has issued a memorandum restricting access to the Statements of Assets, Liabilities and Net Worth (SALNs) of the officials that are in its custody, among them that of the President.

Nomination sensations

US Supreme Court Justice Ruth Bader Ginsburg died last week. The only member of the Court not coming from either Yale or Harvard law schools, her death prompted numerous tributes, particularly as to her status as a “feminist icon.”

Singapore starts to ease office restraints

SINGAPORE will allow more people to return to offices and trial a new business travel pass for senior executives as the city moves to re-open more of its economy amid ebbing virus cases.

J&J’s single-shot COVID-19 vaccine to be tested on 60,000 volunteers

CHICAGO — Johnson & Johnson (J&J) on Wednesday began a 60,000-person trial of an experimental single-shot COVID-19 vaccine that, if proven effective, could simplify distribution of millions of doses compared with leading rivals requiring two doses.

PSE eyes changes to listing rules

THE Philippine Stock Exchange, Inc. (PSE) is proposing to require companies that will list shares on its main board to have a minimum P75-million three-year cumulative net income, replacing the minimum capitalization requirement.

Exiting POGOs to face BIR audit — Dominguez

THE Bureau of Internal Revenue (BIR) will still conduct an audit of Philippine Offshore Gaming Operators (POGOs) that are leaving the country to check their tax compliance and collect any back taxes, Finance Secretary Carlos G. Dominguez III said.

MerryMart, FoodPanda tie up for online-only groceries

A SUBSIDIARY of grocery operator MerryMart Consumer Corp. is teaming up with FoodPanda Philippines to launch a purely online grocery service in the country.

Bulacan airport’s 50-year franchise clears Senate panel

THE BILL granting a 50-year franchise to the San Miguel Aerocity, Inc.  on Wednesday hurdled the Senate Committee on Public Services, the panel chairperson said.

Add some schmaltz to your chicken salad

CHICKEN SALAD is one of the harder-working dishes out there, but it doesn’t receive much fanfare. Adjacent meals such as roast chicken and chicken noodle soup have passionate advocates who claim the best versions of their dishes. You rarely hear people shout out the “ultimate” chicken salad.

Flour facts

IT SEEMS like ever since the lockdowns since March, everyone has decided to start baking. Photos of loaves of sourdough, banana bread, and focaccia flood social media feeds, while people are swapping cookies with friends or donating treats. And most of these are made with flour.

More efforts needed to fight cyber crimes as countries move to...

HUAWEI TECHNOLOGIES Co., Ltd. said the global community needs to step up efforts to stop cyber crimes as countries starting to adopt the fifth generation (5G) of cellular technology may become more vulnerable to attacks.

Facebook removes fake accounts spreading propaganda

FACEBOOK INC. said it detected and removed a small scale network of fake accounts aimed at distributing Chinese propaganda and disinformation across Southeast Asia and the US.

BSP allows UITF distribution via third parties

TRUST CORPORATIONS will now be allowed to sell unit investment trust funds (UITFs) through individual and institutional agents to level their playing field with banks that have broad distribution networks, the central bank said.

Peso inches down vs dollar

THE PESO inched lower versus the dollar on Wednesday after the government posted a wider budget deficit in August amid lower revenues.

COVID-19 infections top 294,000; death toll rises to 5,091

THE DEPARTMENT of Health (DoH) reported 2,833 coronavirus disease 2019 (COVID-19) infections on Wednesday, bringing the total to 294,591.

Duterte defends drug war at United Nations

PRESIDENT Rodrigo R. Duterte on Wednesday defended his deadly war on drugs before the United Nations (UN), accusing some groups of trying to “weaponize” human rights to discredit him.

Trade dep’t confident of retaining GSP+, EU concerns being addressed

TRADE SECRETARY Ramon M. Lopez is confident that the Philippines will retain its tariff perks with the European Union (EU), after the European Parliament voted in support of their removal.

Foreign loans, grants for pandemic response hit $9.9B

THE GOVERNMENT has obtained $9.9 billion worth of loans and grants from external sources as of Sept. 15 to fund its coronavirus disease 2019 (COVID-19) containment effort and to support recovery measures.

Flatten the fear and hysteria, not the economy

As more comparative economic data come in, the more they confirm that the Philippines’ hard, strict, and draconian lockdown policies did more harm than good. We can summarize them as follows:

Price is no longer an obstacle to clean power

AS THE HARM from climate change becomes increasingly manifest, there is some good news: The estimated cost of reducing carbon emissions is falling rapidly. One dramatic example is an analysis by Geoffrey Heal of Columbia University showing that it would cost only $6 billion a year for the US to move to carbon-free electricity generation by 2050.

Pfizer’s COVID-19 vaccine trial may beat rivals

THE CORONAVIRUS disease 2010 (COVID-19) vaccine trial designed by Pfizer, Inc. and its German partner BioNTech SE may allow them to find whether their shot works before their fastest-moving rivals.

Rich families view markets with ‘extreme’ caution, Citi says

THE CORONAVIRUS disease (COVID-19) pandemic and the response by governments and central banks have family offices and ultra-wealthy individuals around the world on the defensive, according to a survey from Citigroup, Inc.’s private bank.

PBA restart viewed as opening up possibilities amid pandemic

APART from restarting their currently suspended season, the Philippine Basketball Association (PBA) view the league’s targeted restart next month as opening up possibilities both for local sports and the economy amid the coronavirus pandemic.

Azkals throw support to Cooper in extending his tenure

SATISFIED with how he has been steering the Philipppine national men’s football team, the tenure of English coach Scott Cooper has been extended.

BoC finds some undervalued rice shipments

SEVERAL TRADERS have undervalued rice shipments with provisional goods declaration, resulting in P1.4 billion in lost revenues, the Bureau of Customs (BoC) said.

Jewels keep their luster amid coronavirus pandemic

BOREALIS CRYSTALS continues to make money from jewelry sales amid a coronavirus pandemic, though it had been difficult to sustain operations due to supply and manpower constraints during the lockdown.

Aboitiz holding firm eyes up to P10-B bonds 

ABOITIZ EQUITY VENTURES, Inc. (AEV) is looking to issue up to P10-billion fixed-rate retail bonds in the fourth quarter of the year.

SC tells GMA to reinstate workers

THE Supreme Court ordered GMA Network, Inc. to reinstate 30 cameramen and assistant cameramen who were illegally dismissed in 2013.

The pros and cons of a virtual art fair

ART IN THE PARK, held annually on a summer Sunday at the Jaime Velasquez Park in Salcedo Village, Makati, had to take a new route by going virtual this year because of the coronavirus disease 2019  (COVID-19) pandemic. The fair — known for its relatively affordable pieces with a P50,000 ceiling — was first postponed then held over a whole week in August online via the website www.artinthepark.ph. Despite the limitations of the virtual sphere, 2,600 works from over 50 galleries went up for sale and display. The fair also boasted special online exhibits by Richard Quebral, Dex Fernandez, and with a collaboration with Globe and BPI, exhibits by Robert Alejandro, Reena Gabriel, Jackie Lozano, and dance group Fifth Wall Fest.

Deutsche Bank leaders were warned of lapses

DEUTSCHE BANK AG’s top leaders were warned multiple times about serious compliance failures that exposed the bank to money launderers, a news investigation shows.

Manansala and Legaspi paintings the highlight of Salcedo’s Sept. auctions

THE TWO centerpieces to Salcedo Auctions’ seventh edition of its grand September auction, The Well-Appointed Life, are National Artist Vicente Manansala’s Quiapo, and National Artist Cesar Legaspi’s Descent.

Peso weakens as sentiment sours on virus fears

THE PESO weakened on Tuesday amid worsening sentiment as coronavirus disease 2019 (COVID-19) cases continue to rise.

Local units have final say on travel limits, Tourism agency says

LOCAL governments in Metro Manila will have the final say on local restrictions even after lockdown measures eased by the National Government, according to the Tourism department.

House supermajority wants speakership term-sharing junked

THE HOUSE of Representatives supermajority wants Speaker Alan Peter S. Cayetano to keep his post instead of letting Marinduque Rep. Lord Allan Q. Velasco take over under an original term-sharing deal.

PHL GDP contraction seen at 6.5% in 2020

GROSS DOMESTIC PRODUCT (GDP) is expected to contract 6.5% this year, with the Philippines struggling to contain the coronavirus, raising the risk of further lockdowns that will pose a drag on business activity, according to Maybank Kim Eng.

PHL detects 72 new ASF outbreaks; more than 33,000 hogs culled

THE PHILIPPINES reported 72 new outbreaks of the African Swine Fever (ASF), according to the Bureau of Animal Industry (BAI).

The telco predicament

The global pandemic has exposed the vulnerabilities of social, political, and economic institutions to the point that there is no other way but to evolve routine and traditional practice. During the time of COVID-19, our nation’s weaknesses were exposed, from our healthcare shortcomings, missing policy contingencies, the fragility of our domestic economy, and our lagging telco infrastructure capacity. From all challenges, internet speed and telecommunications quality are most felt by many of our people as their lives are now intertwined with the internet and technology.

Copyright and remote learning in the time of COVID-19

On Aug. 15, President Rodrigo Duterte approved the recommendation of Department of Education Secretary Leonor Briones to defer the opening of classes from Aug. 24 to Oct. 5 in view of the COVID-19 pandemic. This postponement reflects the challenges faced by the government, educators, parents, and students in providing and accessing quality education during the current health emergency. Such challenges include the lack of access to technology and reliable internet connections, and the difficulties parents face in facilitating at-home learning through no fault of their own. Educational institutions that decided to open classes earlier have resorted to on-line learning, the provision of modular printed materials, or television and radio-based instruction.

UN marks 75 years amid pandemic

UNITED NATIONS — World leaders came together, virtually, on Monday to mark the 75th anniversary of the United Nations (UN), as the deadly coronavirus pandemic and tensions between the United States and China challenge the effectiveness and solidarity of the 193-member body.

China’s threats of war push Taiwan to boost US economic links

IT’S HARD TO FIND a world leader who’s had a better 2020 than Taiwan President Tsai Ing-wen.

Michael Jordan forms NASCAR team with B. Wallace as driver

BASKETBALL great Michael Jordan and three-time Daytona 500 winner Denny Hamlin have partnered to form a new single-car NASCAR Cup Series team that will feature Bubba Wallace as its driver, the trio said on Monday.