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Smart, sustainable areas soon to rise
philstar.com - 2020-01-24
The city government of Bacoor is pursuing two reclamation projects which not only aims to transform the city into a new center of growth, but also to decongest Metro Manila and to help in the long-term clean-up of Manila Bay. The two projects are the Bacoor Reclamation and Development Project (BRDP) covering 320 hectares and the Diamond ...

Government to raise P30 billion from retail T-bonds
philstar.com - 2020-01-24
MANILA, Philippines -- The government will issue P30 billion worth of three-year retail treasury bonds (RTBs) to raise new funds and refinance maturing debt, according to the Bureau of the Treasury (BTr). In an advisory posted on its website, the Treasury said it would offer peso-denominated fixed-rate RTBs due 2023, with a minimum aggregate ...

Total loses arbitration vs Jadestone Energy
philstar.com - 2020-01-24
MANILA, Philippines -- Singapore-based oil and gas company Jadestone Energy Inc. won an arbitration case against Total E&P Philippines BV over a dispute in an offshore block in the Philippines. Jadestone said its wholly owned subsidiary Mitra Energy had been awarded monetary damages, plus a portion of the legal costs and expenses. This was a ...

Second U.S. case of Wuhan coronavirus confirmed in Chicago
UPI.com - 2020-01-24
Jan. 24 (UPI) --A second confirmed case of 2019 novel coronavirus has been identified in Chicago, public health officials in the city and the Centers for Disease Control and Prevention said Friday. According to Allison Arwady, commissioner of the Chicago ...

Nearly 500 Chinese tourists in PH to be flown back to Wuhan
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) - Close to 500 Chinese tourists who arrived in Kalibo, Aklan from the Chinese city where the novel coronavirus (2019-nCoV) outbreak began, will be transported back to their point of origin this week, an aviation official confirmed Friday. Civil Aviation Board Executive Director Carmelo Arcilla said ...

Five-year-old Chinese boy in Cebu tests negative for Wuhan coronavirus
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- The five-year-old Chinese boy from Wuhan, China under close watch of health authorities has tested negative for the novel coronavirus, the Department of Health confirmed Friday. The agency said it received sample tests results from the Victorian Infectious Disease Reference Laboratory in Melbourne ...

2.1 million Filipino families felt hunger in Q4 2019 - SWS
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- Over two million Filipino families experienced involuntary hunger in the last three months of 2019, according to a non-commissioned survey. A Social Weather Station (SWS) survey in December which was published on Friday, said 8.8 percent of Filipino families or about 2.1 million felt hunger due to ...

2.1 million Filipino families felt hunger in Q4 2019 - SWS
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- Over two million Filipino families experienced involuntary hunger in the last three months of 2019, according to a non-commissioned survey. A Social Weather Station (SWS) survey in December which was published on Friday, said 8.8 percent of Filipino families or about 2.1 million felt hunger due to ...

Philippines orders 12 helicopters from Russia--Duterte
Philippine Daily Inquirer - 2020-01-24
MANILA, Philippines -- The Philippines has ordered 12 helicopters from Russia for its military and assured the government will be prompt in paying for it, President Rodrigo Duterte said.

Philippines has ordered 12 helicopters from Russia
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- President Rodrigo Duterte said 12 helicopters from Russia will soon be added to the Philippines' military arsenal. In an interview with a Russian television network that aired Friday, Duterte explained that the plan to purchase military equipment from Russia has been delayed due to budget constraints.

Staying online for more than 10 hours may lead to health risks
Philippine Daily Inquirer - 2020-01-24
MANILA, Philippines -- In the age of social media, many find themselves in front of their computer or cellphone screens--checking their social media accounts or browsing the internet for ...

Duterte: China, Russia - unlike US - respect PH sovereignty
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- President Rodrigo Duterte said the United States' lack of respect for Philippine sovereignty is the reason he has pivoted away from America and towards China and Russia. In an interview with a Russian government-funded television network that aired on Friday, Duterte explained why he has sought ...

PCC backs passage of Senate bills legalizing ops of motorcycle taxis
BusinessMirror - 2020-01-24
It said the rise of motorcycle taxis is an opportunity for the government to come together to craft rules on this new business. "The study is a preview of a new market on the rise and this is an opportunity for government agencies, with our respective mandates, to come together to craft policies in parallel or ahead of these developments ...

Golden Bay Land Holdings disrupts as a boutique developer that can deliver
Philippine Daily Inquirer - 2020-01-24
Boutique developer Golden Bay Land Holdings is making waves in the real estate industry today. The company recently announced that its maiden project, the 11-storey Aspire Corporate Plaza in Pasay City, is on track to be turned over to clients by June 2020-one year ahead of its original target completion. If this signifies anything, it is the ...

Oil, higher 'sin' taxes may push up inflaton in 2020 - BSP
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- Inflation would likely remain within target this year, but volatile oil prices, possible transport fare hikes, and higher sin taxes may push the prices of basic goods up, the central bank said Friday. In its fourth-quarter inflation report, the Bangko Sentral ng Pilipinas said latest estimates ...

Apple Is Quietly Expanding Its Artificial Intelligence Ecosystem
International Business Times - 2020-01-24
Apple (NASDAQ:AAPL) recently acquired Xnor.ai, a Seattle-based start-up that develops low-power, edge-based artificial intelligence tools. Apple didn't disclose the terms of the deal, but GeekWire claimed that the deal was worth about $200 million. Apple reportedly paid a similar amount for Turi, another Seattle-based company that specializes ...

Fitch Solutions raises 2020 growth forecast to 6.3%
BusinessWorld - 2020-01-24
Meanwhile, the Corporate Income Tax Incentives Rationalization Act is still pending in the Senate since October. The bill, which was already approved in the House of Representatives on September, mandates the decrease of corporate income tax from the ...

6 NCR roads to undergo repairs this weekend -- MMDA
Philippine Daily Inquirer - 2020-01-24
MANILA, Philippines -- Six roads in Metro Manila will be closed this weekend to make way for road reblocking and repairs, the Metropolitan Manila Development Authority (MMDA) said Friday. In a statement, MMDA said heavy traffic is expected as the Department of Public Works and Highways will conduct the repairs from 11 p.m. on Jan. 24 (Friday ...

No confirmed Wuhan coronavirus case in PH - DOH
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- The Department of Health said Friday there is still no confirmed case of the novel coronavirus in the Philippines. "Until now, we have no verified case," Health Undersecretary Rolando Domingo said in a briefing, referring to the new coronavirus called 2019-nCov. Philippine authorities are still ...

Bato says US also voided visa of active police general
Philippine Daily Inquirer - 2020-01-24
MANILA, Philippines --Senator Ronald "Bato" dela Rosa whose U.S. visa was canceled, has claimed that an active police general also suffered the same fate. The former top cop himself made this disclosure two days after he confirmed that his 10-year, multiple-entry tourist visa was canceled. "(May) isang general din na in-advisan na ...

Troops seize 500 drums of smuggled fuel from boat off Tawi-Tawi
philstar.com - 2020-01-24
ZAMBOANGA CITY, Philippines -- Marines and Air Force personnel intercepted a motorlaunch loaded with 500 drums of smuggled fuel in a coastal village of Bongao town, Tawi-Tawi this week. Rear Admiral Erick Kagaoan, Naval Forces Western Mindanao commander, said the troopes were conducting maritime interdiction operations when they spotted M/L ...

Another police general's US visa canceled, Dela Rosa says
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- Senator Ronald "Bato" dela Rosa on Friday confirmed he's not the only Filipino official with an invalidated United States visa. Dela Rosa told reporters an active police general, whom he refused to name, is facing the same fate. "Kansela talaga visa niya, inadvise na siya (His visa was really ...

Baguio to collect tourist fees
philstar.com - 2020-01-24
BAGUIO CITY, Philippines -- The country's so-called Summer Capital would soon collect fees from tourists for the use of the city's environment and natural resources. Baguio City councilors Maria Mylen Yaranon and Joel Alangsab proposed an Environmental User's Fee (EUF) system that could impact environmental management, development, and ...

Palace OKs total deployment ban on Kuwait OFWs
Philippine Daily Inquirer - 2020-01-24
President Rodrigo Duterte has approved the imposition of a total deployment ban on Kuwait-bound Filipino workers amid findings that a slain Filipina domestic worker was also sexually abused.

Wuhan tourists on Boracay to be flown back to China
Philippine Daily Inquirer - 2020-01-24
ILOILO CITY -- Hundreds of remaining tourists from Wuhan City in China, who are vacationing on Boracay Island, will be transported back following a lockdown imposed on the Chinese City, the ...

Elusive Philippine Eagle seen in Mt. Apo forests
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) - In a rare sighting, a young Philippine eagle was spotted in the forests of Mt. Apo in southern Philippines. Davao City-based Philippine Eagle Foundation shared the news in a post on Wednesday that it recently discovered a juvenile bird of prey about a year old at the Mount Apo Natural Park, thanks ...

Trump zeroes in on his next trade target: Europe
CNN Philippines - 2020-01-24
(CNN) -- Having negotiated agreements of sorts on trade with China, Mexico, Canada, South Korea and Japan, President Donald Trump is now turning to his next target: the European Union. Trump made clear at the World Economic Forum in Davos, Switzerland, this week that his administration will move aggressively to negotiate a trade deal with ...

WHO: 2019-nCoV not yet 'Public Health Emergency of International Concern'
philstar.com - 2020-01-24
MANILA, Philippines -- The World Health Organization on early Friday morning locally said that it is still too early to announce a "Public Health Emergency of International Concern" amid the 2019 Novel (new) Coronavirus (2019-nCoV) outbreak in China and its discovery in other countries. WHO Director-General Doctor Tedros Adhanom ...

Asian markets gain as China closes down for Lunar New Year
Philippine Daily Inquirer - 2020-01-24
BANGKOK -- Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has ...

Lacson presses SC to rule on international agreements like VFA
Philippine Daily Inquirer - 2020-01-24
MANILA, Philippines-- Senator Panfilo Lacson pressed the Supreme Court on Friday to rule soonest on the issue whether or not the President can unilaterally terminate a treaty or a ...

China expands lockdowns to 25M people to halt viral outbreak
Philippine Daily Inquirer - 2020-01-24
BEIJING -- China broadened its unprecedented, open-ended lockdowns to encompass around 25 million people Friday to try to contain a deadly new virus that has sickened hundreds, though the ...

Duterte orders start of VFA termination process--Palace
Philippine Daily Inquirer - 2020-01-24
MANILA, Philippines -- President Rodrigo Duterte has already ordered the start of process of terminating the Visiting Forces Agreement (VFA) with the United States, Malacañang said Friday.

Digital Marketing Seminar for Beginners set for February 2020
Philippine Daily Inquirer - 2020-01-24
At last! A seminar that caters to beginners and marketing teams who wish to switch to digital. Digital Marketing success starts at The 6th DIGITAL MARKETING 101 Seminar For Beginners 2020, a two-day seminar designed to make beginners and marketing teams learn and get ahead with Digital Marketing. It gathers the key players and most respected ...

Thai woman yields P20M shabu in Makati City
Philippine Daily Inquirer - 2020-01-24
MANILA, Philippines -- Agents of the Philippine Drug Enforcement Agency (PDEA) seized P20.4 million worth of suspected crystal meth or shabu from a Thai woman in a buy-bust operation inside a hotel in Barangay Palanan, Makati City. An initial report from PDEA said the three kilograms of suspected illegal drugs were seized from Kanokrat ...

Taal spews steam, triggers more volcanic quakes
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- Taal Volcano's main crater emitted thick white steam-laden plumes with ash on Friday. Philippine Institute of Volcanology and Seismology (Phivolcs) said the steaming started past 5 am and reached 600 meters. "We're recording tremors beneath the island. This would signify the boiling of groundwater ...

2020 funds now under full cash-based budgeting system
Philippine Daily Inquirer - 2020-01-24
With cash-based budgeting in place, government agencies must spend 2020 funds within a one-year period or else lose them, according to the Department of Budget and Management (DBM). "With the adoption of the cash budgeting system, all appropriations authorized under the fiscal year 2020 GAA [general appropriations act], including budgetary ...

Seven communities in MM receive ecobricks
Philippine Daily Inquirer - 2020-01-24
After participating in the Globe Plastic Xchange Program last year, seven communities in Metro Manila were rewarded with ecobricks which they can now use for various construction projects. These communities are Barangay Magallanes in Makati, Andres Bonifacio Integrated School in Mandaluyong, Barangay 455 in Manila, Barangays Palatiw and San ...

Restive Taal emitting 'increased' amounts of steam - Phivolcs
CNN Philippines - 2020-01-24
Metro Manila (CNN Philippines, January 24) -- Taal Volcano's main crater is releasing white steam-laden plumes on Friday morning. Philippine Institute of Volcanology and Seismology (Phivolcs) Director Renato Solidum said the steaming started past 5 am and still ongoing as of 7:40am. He noted there is an increase in the amount of smoke the Taal ...

7% GDP growth attainable this year -- Diokno
philstar.com - 2020-01-24
MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) expects the economy to grow by seven percent this year due to the timely passage of the national budget as well as the expected growth in government revenues, domestic consumption and farm production. BSP Governor Benjamin Diokno said in a text message the timely passage of the 2020 ...

Philippine stocks lead regional rally on Q4 growth data
philstar.com - 2020-01-24
MANILA, Philippines -- The Philippine Stock Exchange index rallied yesterday, emerging as the biggest gainer in the region after investors scrambled back to the market following a faster fourth quarter economic growth. The stock market barometer gained by 147.62 points, or 1.97 percent, to close at 7,616.35, a marked improvement from a sour ...

BIFF ambush in North Cotabato leaves soldier dead, another wounded
philstar.com - 2020-01-24
COTABATO CITY, Philippines -- Security officials believe members of the Dawlah Islamiyah, also called the Bangsamoro Islamic Freedom Fighters, are behind the murder of an off-duty and the wounding of another in Midsayap town in North Cotabato on Thursday. PFC Meljay Bernal and his companion, Cpl. Earl Tabaranza, both of the 34th Infantry ...

These brands spend nearly $100 billion on ads. They want Facebook and Google to raise their game
CNN Philippines - 2020-01-24
(CNN) - Some of the world's biggest advertisers have joined forces with Facebook, YouTube and Twitter in an attempt to prevent harmful online content messing with their campaigns. Companies such as Procter & Gamble, Kellogg, Adidas, Unilever, and PepsiCola, are worried that their ads can pop up next to content they don't want associated with ...

Overseas Filipinos get tax breaks on REITs investments
Philippine Daily Inquirer - 2020-01-23
Overseas Filipinos investing in local real estate investment trusts (REITs) will be exempted from income tax or withholding tax on dividends from this new asset class for the next seven years, giving small investors an opportunity to take part in the local capital market. The Bureau of Internal Revenue (BIR) is set to issue a new regulation ...

Q4 growth story brings hope as PSEi rallies by 1.98%
Philippine Daily Inquirer - 2020-01-23
The local stock barometer outperformed regional markets on Thursday as the Philippine economy grew at a faster pace of 6.4 percent year-on-year in the fourth quarter, meeting consensus forecasts. The main-share Philippine Stock Exchange index (PSEi) racked up 147.62 points, or 1.98 percent, to close at 7,616.35, bucking the downturn across the ...

Economic growth falls below 6%, slowest in 8 years
philstar.com - 2020-01-23
MANILA, Philippines -- Economic growth settled at 5.9 percent in 2019, slightly below the lower end of the government target of six percent for the year, dragged down by the budget impasse that led to delays in the implementation of government programs and projects in the first half, the National Economic and Development Authority (NEDA) said ...

Sharing our bounty and caring for the less fortunate are deeply rooted in our moral fabric
BusinessMirror - 2020-01-23
He has a gift to spot a great investment and has converted business acquisition both as a science and an art. Buffett, endearingly dubbed as the Oracle of Omaha for his sound business sense and ability to read financial opportunities, was outbid by LVMH owner Bernard Arnault in taking over Tiffany, the world renowned jewelry shop. The place was ...

National Weather Service accurately predicted falling iguanas in Florida
Mashable - 2020-01-23
Mashable is a global, multi-platform media and entertainment company. Powered by its own proprietary technology, Mashable is the go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe. ©2020 Mashable, Inc. All Rights Reserved. Mashable, MashBash and Mashable House are among ...

GMR-Megawide is the key to stop any virus
philstar.com - 2020-01-23
The bad news we are getting from abroad is that the supposed mystery coronavirus that has hit Wuhan City in China has now killed 17 people. However, on the plus side, the Department of Health (DOH) has reported that the five-year-old Chinese boy who was admitted to the hospital here in Cebu City is not infected with the novel coronavirus (2019 ...

Philippine stocks lead regionalrally on Q4 growth data
philstar.com - 2020-01-23
MANILA, Philippines -- The Philippine Stock Exchange index rallied yesterday, emerging as the biggest gainer in the region after investors scrambled back to the market following a faster fourth quarter economic growth. The stock market barometer gained by 147.62 points, or 1.97 percent, to close at 7,616.35, a marked improvement from a sour ...

Jeff Bezos' DMs indicate Saudi Arabian prince reportedly knew private info from phone hack
Mashable - 2020-01-23
Mashable is a global, multi-platform media and entertainment company. Powered by its own proprietary technology, Mashable is the go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe. ©2020 Mashable, Inc. All Rights Reserved. Mashable, MashBash and Mashable House are among ...

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