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Senators question PDEA plan for drug testing in schools

SENATORS on Friday questioned the plan of the Philippine Drug Enforcement Agency (PDEA) to conduct mandatory drug testing for teachers and for students from Grade 4 and up, saying that ten-year-old Grade 4 students were too young to undergo such testing.

Boracay Water to accelerate development of sewage treatment projects

BORACAY Island Water Co., Inc. (Boracay Water) said it will be fast-tracking its sewer projects as requested by the Department of Environment and Natural Resources, which will mean accelerated spending this year.

AUB to tap more automation, mobile services

ASIA United Bank Corp. (AUB) said it hopes to improve the user experience for its customers with more automation and a push to move services online, especially to mobile.

Sereno to be ‘legal activist,’ mulls political options

FORMER chief justice Maria Lourdes P.A. Sereno in an interview Thursday said she is still considering where politics will fit in her life outside the Supreme Court (SC).

Peso rebounds as trade war fears weaken dollar

THE peso rebounded on Friday as the dollar weakened amid continued concerns over the trade dispute between the United States and China.

Construction at major state projects set to begin

CONSTRUCTION WORK for at least nine of the 75 key large-scale infrastructure projects of the Duterte administration is set to begin next semester.

Second rate hike may not be enough to help markets

WHILE the Bangko Sentral ng Pilipinas increased its benchmark interest rate for a second month on Wednesday, the action may not be enough to help lift Asia’s worst-performing market, according to some analysts.

IRC expands into infrastructure

IRC Properties, Inc. is changing its name and expanding its business to include infrastructure development and mass transport, as the Tiu-led company prepares to build a subway system in Makati City.

FDCP’s Cine Lokal features LGBT films

THE Film Development Council of the Philippines (FDCP) celebrates Pride Month by screening four award-winning films that empower and recognize the plight of the LGBT community, in all Cine Lokal cinemas as part of PelikuLAYA: An LGBT Film Festival from June 22 to 28.

PT&T settles P7-M SEC fine for failure to comply with reportorial...

THE PHILIPPINE Telegraph and Telephone Corp. (PT&T) on Thursday said it has paid the P7-million fine slapped by the Securities and Exchange Commission (SEC) for its failure to submit audited financial statements and annual reports, among others.

With a billion users, Instagram takes on YouTube

SAN FRANCISCO — Instagram said Wednesday it now has more than one billion active users, as it unveiled a new long-form video feature in a bid to attract “creators” like those on YouTube.

Online hiring boosted by positive fundamentals — Monster.com

ONLINE hiring activity in the Philippines increased during the first quarter with the outlook improving due to the country’s strong fundamentals, Monster.com said.

CitySavings’ bid for PR Savings gets green light

THE BANGKO SENTRAL ng Pilipinas has approved the plan of UnionBank of the Philippines’ savings lending arm to acquire Philippine Resources Savings Bank Corp. (PR Savings) of the Ropali Group.

DoLE to offer no objections to telecommuting bill

THE Department of Labor and Employment (DoLE) said it has no objections to the work-from-home bill that recently made it past second reading in Congress.

Singapore pledges to cut cash, go digital

SINGAPORE is accelerating the shift toward digital payments by pledging to eliminate check usage by 2025 and slash cash withdrawals from automated telling machines.

Business groups want policy stability amid shift to federalism

SIX business groups have asked the government’s economic agencies to review the economic and budgetary implications of the change in government system to a federal structure.

Millers could be tasked with packing rice

THE Department of Agriculture (DA) is looking into having rice packaged at the milling stage to comply with Republic Act No. 10611, or the Food Safety Act of 2013.

Anti-reason of Duterte’s anti-tambay order

“I have no reason to suppose that he, who would take away my Liberty, would not when he had me in his Power, take away everything else.” -- John Locke (1632-1704, British philosopher)

A matter of time

The killing of three priests over the last six months -- of Fr. Marcelito Paez last December, 2017, Fr. Mark Ventura in April, and Fr. Richmond Nilo this June -- has provoked both outrage as well as fears that it is part of the Duterte regime’s campaign to silence its critics.

Pressure on Messi against Croatia after rival Ronaldo scores again

VOLGOGRAD, RUSSIA -- Lionel Messi is under increased pressure to redeem himself when Argentina face Croatia in Thursday’s pivotal match after eternal rival Cristiano Ronaldo scored his fourth goal of the World Cup to send Morocco packing.

Neymar fitness cloud lingers as pressure mounts on Brazil

SAINT PETERSBURG -- A battered and bruised Neymar will aim to get Brazil’s World Cup campaign back on track here Friday as the pre-tournament favorites seek to re-assert their title credentials with victory over Costa Rica.

Crime victimization drops 1 point in SWS Q1 survey

ABOUT 1.5 million Filipino families or 6.6% reported being victimized by common crimes within the past six months, which was one point below the estimated 1.7 million or 7.6% recorded in December 2017, according to a March survey by the Social Weather Stations (SWS).

Duterte signs bill on mental health into law

MALACAÑANG on Thursday announced that President Rodrigo R. Duterte has signed into law Republic Act (RA) No. 11036 or the Philippine Mental Health Law that mandates the government to provide basic mental health services to Filipinos.

Experts complete first phase of mining review

THE RESULTS of a technical review of the 26 mining sites ordered closed or suspended by the Department of Environment and Natural Resources (DENR) are set to be presented to the inter-agency Mining Industry Coordinating Council (MICC) today.

Asia business sentiment slips from 7-year high

KUALA LUMPUR -- Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that US President Donald Trump’s protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system.

SEC approves NLEX fund-raising

NLEX Corp. has secured clearance from the Securities and Exchange Commission (SEC) for its shelf registration of up to P25 billion in fixed rate bonds.

IRC gets original proponent status for Makati mass transport system

IRC Properties, Inc. secured original proponent status from the Makati government for its proposed $3.7-billion intra-city rail transport system.

World’s Best Restaurant? It’s Italy’s Osteria Francescana, again

OSTERIA FRANCESCANA is the best restaurant in the world, on a night that had a sense of déjà vu, especially for the Top 10.

Microinsurers collect more premiums in Q1

THE MICROINSURANCE industry saw increases in its total premium production and number of people covered in the first quarter, the Insurance Commission (IC) said.

Here are the 8 Rules for making perfect salads

HISTORICALLY, salads have been the most disrespected of dishes. They’re an afterthought on the table, overshadowed by a grilled steak, a golden roast chicken, a big bowl of pasta. Even a platter of roasted vegetables outshines “rabbit food.”

China-based hackers breached satellite, defense firms — Symantec

SAN FRANCISCO -- A sophisticated hacking campaign launched from computers in China burrowed deeply into satellite operators, defense contractors and telecommunications companies in the United States and Southeast Asia, security researchers at Symantec Corp. said on Tuesday.

Moody’s assigns CRRs to PHL banks

MOODY’S INVESTORS Service has assigned counterparty risk ratings (CRR) to 10 Philippine banks, assessing the lenders’ capability to carry out their contractual obligations.

Facebook expands offerings for video content creators

FACEBOOK, INC. launched a matchmaking system Tuesday to cultivate partnerships between advertisers and video creators as the world’s largest social media company tries to quickly parallel the variety of commercial opportunities offered by its video rival YouTube.

Duterte hopes to reform AFP pensions by 2022

PRESIDENT Rodrigo R. Duterte wants to fast-track the establishment of a new pension scheme for military personnel and have it set up before he steps down from office.

Suggested retail price scheme for rice, other goods in the works

THE Department of Agriculture (DA) said it is expecting to impose a suggested retail price (SRP) scheme for basic agricultural commodities including rice and livestock products.

The taxicab bubble couldn’t last forever

BLOOMBERG NEWS on Monday posted an article about something that has become a pretty big deal in New York City: Taxi drivers are committing suicide.

Trump’s misguided trade war

US PRESIDENT Donald Trump may sincerely think he’s battling to win Americans a better deal on trade with China. In fact, he’s making a better deal harder to achieve -- and threatening to inflict grave economic damage on the US economy in the process.

Philippines losing digital edge — IMD

FRESH from a drop in overall competitiveness position last month, the Philippines suffered a similar fall in the digital field in an annual report of the International Institute for Management Development (IMD).

Agriculture chief says PHL to import rice through 2020 despite rising...

THE PHILIPPINES’ paddy rice output is expected to rise to meet 95-96% of the country’s annual requirement by 2020, from 93% last year, Agriculture Secretary Emmanuel F. Piñol said on Tuesday.

Cebu Landmasters to build 1st hotel in Bacolod

CEBU Landmasters, Inc. (CLI) is planning to start construction of its first hotel in Bacolod City by the fourth quarter of the year, which is expected to bring its total hotel portfolio to 969 rooms.

DoubleDragon starts building 2nd CentralHub

DOUBLEDRAGON Properties Corp. on Tuesday said it has started construction for its second industrial leasing hub in Iloilo City.

Ballet Manila brings Asian and American dancers together on one stage

EAST MEETS WEST and converge onstage as Ballet Manila presents American Stars Gala, a one-night only concert that features some of today’s brightest and...

At world’s biggest art fair, squeezed mid-market raises concerns

BASEL, SWITZERLAND — In a year when many major galleries made record sales, conversations at the world’s biggest art fair last week were not just about the eye-watering sums paid for top works, but also about how to ensure the viability of the market’s lower end.

RCBC to launch blockchain remittance service in Japan

RIZAL COMMERCIAL Banking Corp. (RCBC) is set to launch a remittance service in partnership with two Japanese banks using the blockchain technology for a cheaper and faster way of sending money.

Cyber-insurance pushed as threats emerge

REINSURANCE BROKER Jardin Lloyd Thompson (JLT) Philippines emphasized the need for companies to insure themselves versus cyber attacks amid escalated threats worldwide.