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THE Philippines signed a $202.04 million loan agreement with Japan to fund the Road Network Development Project in Conflict-Affected Areas in Mindanao late Tuesday.
Earlier this year, I had the privilege of visiting Israel. Through our pastor’s teachings and our tour, I learned how President Manuel L. Quezon accepted about 1,300 Jews facing persecution in Germany and Austria. The lesson became more real to me when we visited the Yad Vashem Holocaust History Museum, Israel’s official memorial to the Holocaust victims.
WHILE the sudden resignation of Ricky Vargas as Philippine Olympic Committee (POC) president on Tuesday left questions over the country’s preparations as host of the 30th Southeast Asian Games later this year, the man who was tasked to replace him expressed determination to work to have little disruption in the buildup as possible.
THE HOME Development Mutual Fund (Pag-IBIG) in a statement on Wednesday defended the pay raise for its officers and employees as “merely salary step increments to address years of inflation,” not salary increases which require approval from Malacañang.
THE Philippine property market is well-prepared for the introduction of real estate investment trusts (REITs), as demand for more office spaces, residential projects, and commercial centers complements regulatory authorities’ willingness to amend rules that initially hampered its implementation.
IS IT possible for anyone to truly have it all? Gloria Laura Vanderbilt; socialite, artist, writer, and designer, died in her Manhattan home in June 17, 2019 aged 95. The life she led sought to answer the question.
FOR THE 9th installment of its ongoing Of Art and Wine series, the Conrad Manila features the works of Filipino-Chinese artist Elizabeth Anne “Lizanne” Uychaco, who is known for combining modern art and the art of feng shui. It is ongoing until Aug. 11 at the hotel’s Gallery C.
TOKYO — Bank of Japan (BoJ) Governor Haruhiko Kuroda said the central bank will “certainly” debate heightening overseas risks at a rate review this week, underscoring concerns among policy makers about the economic fallout of a US-China trade war.
THE Maritime Industry Authority (MARINA) said it signed an agreement with a Japanese industry association to help build the capacity of Philippine shipbuilders.
DAVAO CITY -- The construction of the P12-billion bulk water project in the city is set to peak in late 2019 with the joint venture implementing it starting to look for more workers.
Just last year, much controversy arose upon the emergence of Senate Bill No. 1826 (SB 1826), or the bill on the Security of Tenure and End of Endo Act, which proposed several changes in the Labor Code provisions on contracting arrangements and employment relationships. Due to public clamor, President Rodrigo Roa Duterte even certified the necessity of the immediate passing of SB 1826. This, however, did not deter employer groups from continuing to lobby against the passage of SB 1826.
The last two months have been replete with small victories related to the Philippines’ waste problem. After languishing in our ports for years, shipping containers of garbage -- plastics, household kitchen waste, shredded electronic wastes, and contaminated trash -- were recently shipped back to their places of origin. Whether it was low business costs, ineffective checks, or regulatory oversight that led these piles of garbage to our shores, using another country as a dumping ground is an utterly deplorable practice.
TORONTO -- Canadian Prime Minister Justin Trudeau and some two million other fans cheered the NBA champion Toronto Raptors on Monday in a victory celebration that united the nation, but the party was marred by a shooting that seriously wounded two people.
WHAT was supposed to be a dialogue to straighten the affairs in the Philippine Olympic Committee and preparations for the Southeast Asian Games which the country is hosting later this year created more problems after POC president Ricky Vargas resigned from his post yesterday.
ROTATIONAL interruptions in water service are expected in Metro Manila after the Angat Technical Working Group (TWG) proposed to reduce the water allocation to the Metropolitan Waterworks and Sewerage System (MWSS), with Angat Dam’s level seen to breach 160 meters in the next few days.
THE SECURITIES and Exchange Commission (SEC) filed a criminal complaint against Kapa-Community Ministry International, Inc. along with its president Joel A. Apolinario and seven others before the Department of Justice for alleged involvement in an investment scam.
ANGAT DAM is seen to hit the critical water level of 160 meters by this weekend, with east zone concessionaire Manila Water Company, Inc. (MWC) warning its customers of more service interruptions.
ROME — Franco Zeffirelli, who directed the world’s greatest opera singers and brought Shakespeare to the cinema-going masses, has died. He was 96.
TOKYO — The Bank of Japan (BoJ) is expected to maintain its massive stimulus program on Thursday and signal its readiness to ramp up monetary support if growing risks such as the escalating US-China trade war threaten the economy’s modest expansion.
THE UNIT investment trust fund (UITF) of BPI Asset and Management Trust Corp. (AMTC) remained the largest of its kind in the industry as of end-March, tallying larger returns compared with globally renowned index.
DAVAO CITY -- The city will focus on forming special economic zones during the two-day Davao Investment Conference here starting Thursday.
Among the records of the outgoing Congress is the legislation of a cronyist bill, the Solar Para sa Bayan Corp. (SPSBC) franchise. It is so unpopular that perhaps all other power developers and generation companies (gencos), both conventional and renewable energy (RE), perhaps all private distribution utilities (DUs) and electric cooperatives (ECs) in the country have opposed it.
FILIPINO Aston “Mighty” Palicte returns to the ring as he takes on Japanese Kazuto Ioka on Wednesday for the vacant World Boxing Organization super flyweight title at the latter’s home turf of Japan. It is a fight that one analyst said requires for the Philippine fighter to be at his utmost best.
IN THE PHILIPPINES, one would have to get used to brownouts, or the drop in voltage in an electrical power supply system. Whether or not it is intentional, these outages have wide-ranging effects on the economy: households would experience no electricity for a few minutes or even for hours, causing great inconvenience; businesses would incur higher costs by way of lost revenue and reduced productivity; and investors would be hesitant to do business, leading to reduced investments.
COVENTRY, UK -- The man responsible for developing some of the most iconic Jaguars ever, Norman Dewis OBE, has passed away at age 98. Over a 33-year career with Jaguar, Dewis’ fearlessness, extraordinary talent and friendly, humble demeanor helped establish him not only as Britain’s greatest ever test driver, but a veritable legend and a dedicated friend to the Jaguar brand.