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Happiness is a Filipino

With all of the bad news coming out of Manila, like typhoons, runaway inflation and Duterte lawyer Salvador Panelo, I felt a need to inject some happy thoughts into the prevailing atmosphere. So I went through my Happiness File (I have all kinds of files) and found the following gem: Happiness is a Filipino.

Mapua spoils CSB rally to win, 86-83

THE Mapua Cardinals won back-to-back games for the first time in Season 94 of the National Collegiate Athletic Association after beating the College of Saint Benilde Blazers, 86-83, on Tuesday at the FilOil Flying V Centre in San Juan City.

MPBL Datu Cup: Pampanga in talks with Fil-Am Joshua Munzon

PROMISING player Joshua Munzon, a Fil-American, whose grand mother hails from Pampanga, may end up playing for the Pampanga Lanterns in the ongoing MPBL Datu Cup.

Lexus makes yachts, too

TOYOTA’S luxury brand Lexus has followed the lead of its parent company by venturing into watercraft manufacturing. After teasing its one-off, 42-foot Sport Yacht Concept in 2017, Lexus has now committed to launching the LY 650 in 2019. Photos of the LY 650 released by Lexus shows the yacht adheres to the brand’s “L-finesse” design language, which the company confirmed is “applied beyond the world of automobiles.”

Driving high, driving low: The new Honda HR-V shows off firm...

WHAT do you do with a compact SUV with a big engine? Make it play harder, of course.

DILG mulls show-cause orders vs mayors missing during Ompong

MORE THAN 10 municipal mayors in the Cagayan Valley Region and Cordillera Administrative Region may face show-cause orders for being physically absent during the onslaught of Typhoon Ompong, the Department of the Interior and Local Government (DILG) said on Tuesday, Sept. 18.

Police to monitor hoarding, profiteering in typhoon Ompong areas; death toll...

THE POLICE will monitor and take action against those who will be caught violating fair trade rules in the aftermath of typhoon Ompong (international name: Mangkhut) as part of its post-disaster functions.

Cash sent home by OFWs recovers

CASH remittances recovered in July, the central bank reported on Monday, as overseas Filipino workers (OFWs) likely took advantage of a weakening peso.

BSP signals ‘strong monetary action’ on Sept. 27

THE CENTRAL BANK on Monday reiterated signals of “strong” monetary response to surging inflation when its Monetary Board meets next week, even as its chief said it was too early to tell how much damage from super typhoon Mangkhut, locally known as Ompong, would affect prices of goods.

First Gen says power users to save P10B with PNOC gas...

LOPEZ-LED First Gen Corp. said its offer to buy the government’s banked gas at $3.48 per gigajoules could result in savings for electricity users of close to P0.60 per kilowatt-hour (kWh)or a total of around P10 billion for the period starting next month and early 2024, the year when the Malampaya gas-to-power contract ends.

Tigerair Taiwan aims to start flying to Cebu in Dec.

BUDGET carrier Tigerair Taiwan Co., Ltd. is set to launch its first route connecting Taipei to the Philippines on Dec. 1, the Taiwan-based airline said.

Upgrade for Spotify’s free users

LISTENING to music is a personal experience. A workout playlist, shower song on repeat, go-to track list while in transit, and a mellow playlist for relaxation in the evening are selected depending on one’s music taste.

Shang Properties launches new condo in Mandaluyong

HIGH-END developer Shang Properties, Inc. launched an exclusive resort-inspired condominium in Mandaluyong City -- the Shang Residences at Wack Wack.

A lady vanishes: In China, a movie star disappears amid a...

BEIJING/SHANGHAI — Fan Bingbing, an A-list Chinese movie star who has appeared in the X-Men and Iron Man film franchises, has more than 62 million followers online in China and fronted campaigns for Montblanc watches and De Beers diamonds, has disappeared.

Flexible office spaces seen to continue growing

THE growth of flexible office spaces in Southeast Asia shows no signs of slowing down, with JLL expecting this property segment to account for as much as 30% of corporate portfolios by 2030.

BSP studying new tool to curb speculative FX trades

THE BANGKO SENTRAL ng Pilipinas (BSP) is readying a new measure that would ward off speculative players in the foreign exchange (FX) market, as the regulator searches for new ways to quell sharp swings in the daily peso-dollar trading.

Metrobank offers LTNCDs

METROPOLITAN BANK & Trust Co. (Metrobank) started offering long-term negotiable certificates of time deposit (LTNCD) on Monday to diversify its funding sources.

PCC outlines notification requirements for JV deals

THE Philippine Competition Commission (PCC) has approved final guidelines for notification requirements covering future joint ventures (JVs).

Typhoon to raise inflation expectations, draw monetary policy response

THE AGRICULTURE sector’s lackluster performance in the second quarter will continue this quarter and may further weigh on overall economic growth, with the destruction from typhoon Ompong (international name: Mangkhut) exacerbating inflation, analysts said.

Try to remember the Septembers of 1972 and 2009

It rained every day from September 1 to 19, 1972, placing Metro Manila and Central Luzon under water. Hundreds of lives were lost and crops worth millions were destroyed. The impact of the devastation on the economy wrought havoc on the already beleaguered Ferdinand Marcos presidency.

Brew and grind an enterprise

MANY years ago, I failed at two attempts at starting and running my own business. The first time, I failed at putting up a trading business with a partner from the Middle East. The second time I failed at making success of a small retail business with my spouse as a partner. Sometime in the late 1980, I started and began to nurture a third enterprise. For this third time, before I ventured into it, I spent years understanding and experiencing the trade. I spent years in knowing the supply side and the demand side in the industry. I spent years saving up money and building up other resources and connections in the industry. I’d also spent years in learning the rights skills and competencies to help me become a self-dependent, and a complete entrepreneur.

Budget debates stalled amid friction in House

PLENARY DEBATES on the proposed 2019 budget were stalled at the House of Representatives on Monday amid a brewing conflict among the House leaders.

Fox files motion on denied visa extension

LAWYERS OF Australian missionary Patricia Fox on Monday filed a motion for reconsideration before the Bureau of Immigration (BI) after it denied the extension of her missionary visa.

Altas gun for skid-halting win over Chiefs in San Juan

CURRENTLY right smack in a campaign-hampering losing skid, the Perpetual Help Altas try to wiggle out of it when they take on the Arellano Chiefs in National Collegiate Athletic Association Season 94 action today at the FilOil Flying V Centre in San Juan City.

Danny Kingad seeks to keep groove going

NOW in the upswing anew after being dealt his first loss nearly a year ago, Filipino mixed martial arts fighter Danny “The King” Kingad is seeking to keep the winning momentum going and throw himself back in the mix as one of the top fighters in his class in ONE Championship.

July OFW remittances expected to have edged up

REMITTANCES likely grew modestly in July from a year ago as overseas Filipino workers (OFWs) reaped benefits of a weaker peso, a global bank said, giving their families more cash even with the same level of dollars they used to send home.

Emerging market currency crisis could lead to broader economic trouble, recession

LONDON -- Emerging market investors are trying to gauge whether a currency crisis and the steep interest rate hikes being used to fight it could turn into a broader slowdown and even recession.

E-commerce growth prompts foodpanda expansion till 2019

THE foodpanda Group plans to expand into six more cities until 2019 as it tries to catch up with the fast-growing e-commerce market in the country.

City of Dreams operator sets bourse exit in November

THE operator of City of Dreams Manila plans to exit the Philippine Stock Exchange (PSE) by November, after it conducts next month a tender offer to buy out all minority shareholders.

Domestic chocolate processors propping up cacao industry

DAVAO CITY -- Domestic processors of cacao, some of which are operated by farmers themselves, have propped up bean prices, offering a safety net for growers at a time of fluctuating global prices for the commodity.

Top 10 takeaways from New York Fashion Week

NEW YORK — New York Fashion Week wrapped up with Rihanna’s outre Brooklyn party unveiling her new Savage X Fenty lingerie line, snatching an honor traditionally the preserve of creme-de-la-creme designer Marc Jacobs.

Davao Oriental asks PCA to help arrest decline in coconut, copra

DAVAO CITY -- An official of Davao Oriental province, one of the leading coconut producers, has called on the Philippine Coconut Authority (PCA) to address the plummeting prices of coconut and copra.

Philam Life plans microinsurance venture

THE PHILIPPINE American Life and General Insurance Co. (Philam Life) is looking at venturing into the microinsurance business as it works towards narrowing the protection gap among Filipinos.

Bench and CCP join forces to create the terno for the...

IF THE spirit of the Filipina could be contained in one item, perhaps it’s in the terno. The popular adage goes that the Filipina spent 300 years in a convent, and 40 years in Hollywood, and it’s evident in the manner by which the terno falls on the body. The length and the sleeves suggest a certain demureness, but the flamboyant butterfly sleeves achieve a certain sense of pride and action, while the flattering, form-fitting cut and silhouette suggests a confident woman with an ability to stand tall.

Peso to drop on trade clash

THE PESO will likely weaken against the dollar this week amid safe-haven buying due to continuing trade tensions between the United States and China.

Poverty database bill hurdles House committees

A SUBSTITUTE bill establishing a data collection system for welfare beneficiaries, has been approved by two committees at the House of Representatives.

PCCI backs Davao City as gateway for Mindanao

TAGUM CITY, DAVAO DEL NORTE -- The Philippine Chamber of Commerce and Industry, Inc. (PCCI) has endorsed Davao City as the main international gateway for Mindanao and called for the development of a bigger airport.

Dissecting the Tourism Master Plan

From a modest base in 2010, tourism has blossomed into a $38.5-billion industry comprising 12.2% of GDP in 2017. Foreign visitors topped the 6.62 million mark while domestic travelers reached 96.7 million. Curious to note that the number of domestic tourists have already surpassed the 2022 target of 86.2 million four years ahead of schedule. The industry has so far created 5.3 million jobs, most of which are in the countryside.

Cure the big trade deficit, bring in the miners

The Philippines is suffering from a deteriorating merchandise trade gap. From January to July 2018, total exports was only $38.74 billion (vs. $39.87 billion same months in 2017) while total imports was $61.23 billion (vs $52.92 billion same months in 2017). So the trade deficit was $22.49 billion or an average of $3.2 billion a month. This is the worst trade performance of the country all these years.

Filipino champion Dasmariñas to face Plange in Singapore

ADDED his name to the roster of Filipino world boxing champions early this year, International Boxing Organization World Bantamweight champion Michael “Gloves on Fire” Dasmariñas said he cannot wait to plunge back into action now as a champion and make a first successful title defense.

Long-running Aboitiz Football Cup goes national with Batangas event

AFTER two decades of complementing and enhancing the football scene in the Visayas, particularly Cebu, AboitizLand has decided to bring its long-running football league to the national level, holding its inaugural Luzon edition beginning next month.

Palace confirms bombing in General Santos City

A BOMB exploded in General Santos City on Sunday morning, Sept. 16, wounding seven, according to a radio report.

DFA offers P5,000 to OFWs disrupted by Ompong

THE DEPARTMENT of Foreign Affairs (DFA) has provided P5,000 worth of cash assistance to Overseas Filipino Workers (OFWs) whose flights were affected by Typhoon Ompong (International name: Mangkhut).

Poultry output seen growing as incomes rise in emerging Asia

RABOBANK said that it expects poultry production in Vietnam, Indonesia, India and the Philippines (VIIP) to grow in the next five years, driven by higher incomes and increased dining out.

DTI seeking authorization to buy rice from foreign gov’ts

THE Department of Trade and Industry (DTI) is seeking to import an additional 150,000 metric tons of rice under a government-to-government scheme, saying that the process will take less time than an open tender.