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Philippine real estate companies recognized
Philippine Daily Inquirer - 2020-01-18
One of the most trusted property consultants by industrial occupiers and investors in the Philippines, Santos Knight Frank provides a wide range of real estate solutions such as advisory, transactional support, facilities management and appraisal, among others, over the last 25 years. SM Development Corp. also won Best Township Development for ...

Google owner Alphabet is now worth $1 trillion
CNN Philippines - 2020-01-17
(CNN) - The exclusive $1 trillion club on Wall Street just got a new member. Shares of Google parent company Alphabet hit a new all-time high Thursday, pushing the company's market value to $1 trillion in the process. Alphabet joins Apple and Microsoft as companies worth at least $1 trillion. Apple is the most valuable company in the United ...

Chelsea Logistics beefing up Ro-Ro fleet
Philippine Daily Inquirer - 2020-01-17
Chelsea Logistics and Infrastructure Holdings Corp. announced the expansion of its roll-on, roll-off (Ro-Ro) fleet with the completion of a Japan-made vessel. Chelsea Logistics, controlled by Davao-based businessman Dennis A. Uy, said in a stock exchange filing that its 97.78-meter M/V Starlite Venus, which could carry 740 passengers, 22 buses ...

Jollibee turns to offshore capital market for funds, raises $600M
Philippine Daily Inquirer - 2020-01-17
Fast-food giant Jollibee Foods Corp. (JFC) has debuted in the offshore capital market by raising $600 million from a landmark issuance of perpetual securities, replenishing its war chest after buying American specialty chain Coffee Bean & Tea Leaf (CBTL). This transaction represents the first ever bond or perpetual securities issuance of JFC ...

Tan, Sy, Villar, Sunlife join Taal relief efforts
Philippine Daily Inquirer - 2020-01-17
Heeding the call of the times, corporate Philippines pooled more resources and harnessed volunteers to address the urgent needs of families displaced by the eruption of Taal Volcano. The SM group ...

Phoenix Petroleum cuts diesel, gas prices
Philippine Daily Inquirer - 2020-01-17
Phoenix Petroleum Philippines on Saturday slashed pump prices by P1.70 a liter for diesel and 90 centavos a liter for gasoline, as crude oil traders resume worries about weak demand and oversupply. If other local oil companies followed suit and implemented the same price reductions, pump prices would be lower than their end-2019 levels--not ...

NIA jump-starts P1.9-B worth of dam, irrigation projects
Philippine Daily Inquirer - 2020-01-17
The National Irrigation Administration (NIA) has inked new projects worth P1.9 billion for the construction of dams and irrigation projects in the provinces of Palawan, Ifugao, Ilocos Norte and ...

Real estate experts to weigh in prospects in Inquirer forum
Philippine Daily Inquirer - 2020-01-17
Rockwell Land Corp., Sta. Lucia Land Inc., Suntrust Properties Inc., Anchor Land Holdings Inc., and DataLand Inc. Minor sponsors include COHO by Vista Land, and Federal Land. The Philippine real estate industry has sustained its bullish run over the last decade across different segments, from the residential, office, commercial and retail ...

2020: The year of architecture
Philippine Daily Inquirer - 2020-01-17
In the field of architecture, there are several important milestones that we can look forward to this year. Here are some significant buildings and projects that are expected to be completed in 2020. With an acronym like GEM, the Grand Egyptian Museum of Cairo is truly a valuable jewel that is set to make the world gasp in awe this 2020.

BIR exempts BSP from income taxes
philstar.com - 2020-01-17
MANILA, Philippines -- The Bureau of Internal Revenue (BIR) is now exempting the Bangko Sentral ng Pilipinas (BSP) from paying taxes on income derived from its governmental functions. Finance Secretary Carlos Dominguez and Internal Revenue Commissioner Caesar Dulay signed Revenue Regulation 2-2020, dated Jan. 15, implementing the tax exemption ...

Semirara to expand coal mine area in Antique
philstar.com - 2020-01-17
MANILA, Philippines -- Semirara Mining and Power Corp. (SMPC) is expanding its coal mine to improve seawater control measures and raise coal reserves. In an Environmental Impact Statement (EIS) summary submitted to the Department of Environment and Natural Resources (DENR), SMPC is proposing to increase its total mine area from 1,200 to 1,630 ...

WorkBoard triples again in 2019, raises $30M from a16z to celebrate
TechCrunch - 2020-01-17
WorkBoard, a SaaS startup that provides goal setting and management software to other companies, announced today that it has closed a $30 million Series C. The new capital comes less than a year ...

Bitcoin Volatility Reached Its Highest Since November This Week
Forbes - 2020-01-17
Bitcoin prices have enjoyed notable gains lately, rising more than 25% since the start of the year. The digital currency reached $9,009.53 this morning, its highest since November 11th, CoinDesk figures show. The cryptocurrency attained this 2020 high after rising to nearly $8,900 on January 15th, falling back to less than $8,600 and then ...

Investors are pouring trillions into the alternative plastics industry -- and these companies are racing to deliver
Business Insider - 2020-01-17
More than $30 trillion in global investments are driving companies to innovate new forms of plastic that can be recycled over and over.

A grand experience for travelers
Philippine Daily Inquirer - 2020-01-17
Work and leisure are both reasons to travel for the younger set nowadays. Many yuppies and students today save up for their next big trip nonstop, scrimping on indulgences in exchange for scenic and exciting places. Most customarily block their long weekends for domestic and international sojourns; even make it a point to schedule getaways ...

Going nuts over the coconuts
Philippine Daily Inquirer - 2020-01-17
Cari, the overseer of a 1-hectare unregistered parcel of land in Quezon and co-owned by Andro, saw Eddie, Eras, Apol and Boni, along with seven others, cutting down the coconut trees on the said property. Later, the men turned the felled trees into coco lumber. Fearing for his life, Cari did not attempt to stop the men from cutting down the ...

Three U.S. Airports to Screen Passengers for Chinese Coronavirus
New York Times - 2020-01-17
Airports in New York, San Francisco and Los Angeles will begin screening passengers arriving from Wuhan, China, for infection with a mysterious respiratory virus that has killed two people and sickened at least 45 overseas, the Centers for Disease Control and Prevention announced on Friday. Most people with the disease are believed to have ...

Security experts explain why unlocking the Pensacola shooter's iPhones would unleash a privacy nightmare for iPhone owners
Business Insider - 2020-01-17
Creating a backdoor into the Pensacola shooter's iPhones could put the data of Apple smartphone users at risk, experts say.

Paraguay braces for deadly Dengue fever outbreak
Reuters - 2020-01-17
ASUNCION (Reuters) - Paraguay is bracing for a potential major epidemic of Dengue fever after recording close to 7,000 suspected cases in the first two weeks of 2020, similar to levels in the severe 2013 outbreak that led to 250 deaths. Health authorities in the landlocked South American nation are also investigating 10 deaths potentially ...

'Freed From The Secret': Rep. Ayanna Pressley Opens Up About Living With Alopecia
NPR - 2020-01-17
"I've only been bald in the privacy of my home and in the company of close friends," Rep. Ayanna Pressley of Massachusetts says at the beginning of an emotional video in which she revealed she is living with alopecia. "I do believe going public will help," she says in the video published by The Root. "I'm ready now, because I want to be freed ...

Finding success in the cannabis industry sometimes means not mentioning cannabis
CNN Philippines - 2020-01-17
(CNN) --High Style Brewing had big expansion plans for its cannabis business. But it hit a major snag: Its name wasn't legal in Nevada. Instead of spending the past year expanding, the San Diego crafter of cannabis-infused, non-alcoholic beers underwent a rebrand and a major extension of its product line. The brewery relaunched this month as ...

New ADB president assumes office
philstar.com - 2020-01-17
MANILA, Philippines -- New Asian Development Bank (ADB) president Masatsugu Asakawa assumed office yesterday, becoming the 10th president of the Manila-based multilat­eral bank since its establishment in 1966. Asakawa succeeds Takehiko Nakao who stepped down on Jan. 16. "I am honored to assume the role of ADB president and to begin working ...

Jollibee to raise $600 million from securities issue
philstar.com - 2020-01-17
MANILA, Philippines -- Jollibee Foods Corp. (JFC) is raising $600 million through the issuance of dollar-denominated securities. In a disclosure yesterday, JFC said it already priced the US dollar-denominated guaranteed senior perpetual capital securities offering with an initial distribution rate of 3.9 percent, non-call for five years and ...

Share prices get lift from global trade deals
philstar.com - 2020-01-17
MANILA, Philippines -- The benchmark Philippine Stock Exchange index (PSEi) rallied yesterday as market investors cheered the US-China trade deal and decided to look for some bargains. The PSEi gained 69.40 points, or 0.90 percent, to settle at 7,722.58, while the broader All Shares index rose 20.19 points or 0.44 percent to finish at 4,551.19.

Mark Zuckerberg is terrified of TikTok. Here's why.
Mashable - 2020-01-17
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 ...

High hopes for CALABA region
philstar.com - 2020-01-17
Robust industrial activities in the Cavite-Laguna-Batangas (CALABA) corridor are expected to continue over the next one to two years. With improving infrastructure connectivity and growth of commercial activities, the region is also becoming a hotbed for township developments featuring residential projects. According to a report just released ...

Acoustic communication first emerged nearly 200 million years ago
UPI.com - 2020-01-17
Jan. 17 (UPI) --For the first time, scientists took acoustic communication back to its evolutionary roots. Researchers followed acoustic communication's phylogenic path back some 200 million years through evolutionary history. Scientists began by plotting the relationships among some 1,800 species of tetrapods, including birds, frogs ...

Supplement may help burn fat long after exercise
Medical News Today - 2020-01-17
Gut bacteria produce an appetite suppressant than can strengthen the effect of an exercise-based weight loss program. Share on Pinterest A supplement may boost the fat-burning effects of exercise long after it has finished. The many health benefits of regular exercise are well known. However, its impact on weight loss is less clear, as exercise ...

Prisma Health Layoffs: Why Is The Healthcare Provider Cutting More Jobs?
International Business Times - 2020-01-17
Prisma Health, the largest private employer in South Carolina, has announced it is laying off 327 workers as it undergoes a restructuring of its organization. The healthcare provider, which was formed just over two years ago, said it is looking to "improve operating efficiencies and streamline the organization," which will include the ...

DigitalOcean is laying off staff, sources say 30-50 affected
TechCrunch - 2020-01-17
After appointing a new CEO and CFO last summer, cloud infrastructure provider DigitalOcean is embarking on a wider reorganisation: the startup has announced a round of layoffs, with potentially ...

College students choose pot over booze in states where it's legal
UPI.com - 2020-01-17
Are college students choosing marijuana instead of booze when both are legal? New research suggests they are: In states where pot is legal, college kids use it more, but binge-drink less. In states with legal marijuana, college students were 18 percent more likely to use it in the past month than in states where it's illegal, Oregon State ...

699 obese cops may face dismissal in Zambo
philstar.com - 2020-01-17
ZAMBOANGA, Philippines -- A total of 699 police personnel from Police Regional Office 9 (PRO-9) considered obese may face removal from service if they fail to comply with the intervention program, according to official. Brig. Gen. Froilan Quidilla, PRO-9 regional director, called for the said policemen from their mother units Zamboanga ...

House aims for swift passage of bill regulating shipping fees
CNN Philippines - 2020-01-17
Metro Manila (CNN Philippines, January 17) -- The House of Representatives is working to pass a measure that would regulate high shipping rates to lower the prices of consumer goods. The Department of Trade and Industry (DTI) will also help in crafting the measure. House Speaker Alan Peter Cayetano noted that international shipping lines have ...

NBI, BIR, PNP raid Illegal cigarette factory run by Chinese in Pampanga
Philippine Daily Inquirer - 2020-01-17
MANILA, Philippines -- An illegal cigarette factory allegedly run by Chinese nationals was raided on Thursday by joint operatives from the Bureau of Internal Revenue (BIR), the National Bureau of Investigation and the Philippine National Police. BIR Revenue Officer Remedios Advincula Jr. said operatives found a total of six manufacturing ...

Joma Sison says gov't broke promise to free political prisoners last Christmas
CNN Philippines - 2020-01-17
Metro Manila (CNN Philippines, January 17) -- Communist leader Jose Maria Sison has revealed that the government agreed last year to release "sick and elderly" political prisoners for Christmas and New Year. In a video statement sent to a forum in Quezon City on Friday, Sison, who is on self-exile in the Netherlands, said Labor Secretary ...

Weak explosions, quakes signal Taal Volcano is still dangerous - Phivolcs
CNN Philippines - 2020-01-17
Metro Manila (CNN Philippines, January 17) -- State volcanologists reported weak explosions and more earthquakes generated by Taal Volcano on Friday, signaling that the situation remains just as dangerous despite lesser activity on the volcano's surface. The Philippine Institute of Volcanology and Seismology reported five weak explosions of ...

Phivolcs: Hazardous eruption will 'definitely' kill anyone in Taal danger zone
CNN Philippines - 2020-01-17
Metro Manila (CNN Philippines, January 17) -- Anyone found within Taal Volcano's 14-kilometer danger zone will meet a sure death during the anticipated hazardous eruption due to a number of dangerous scenarios, the Philippine Institute of Volcanology and Seismology said Friday. [Translation: It is hazardous because the movement is fast and hot.

Pagasa: Cloudy skies, isolated light rains expected in Batangas, Cavite, Laguna
Philippine Daily Inquirer - 2020-01-17
MANILA, Philippines -- Batangas ... plumes will also be drifted over the southern and southeastern portions of Batangas and some municipalities of Quezon, Mindoro, and Marinduque, Pagasa added. Since Friday morning, five "discrete weak explosions" were recorded in Taal Volcano, the Philippine Institute of Volcanology and Seismology ...

2 trafficking victims in Iraq return to Philippines
Philippine Daily Inquirer - 2020-01-17
MANILA, Philippines -- Two Filipinas, who were victims of human trafficking to Iraq, arrived in the Philippines on Friday, the Department of Foreign Affairs (DFA) said. "DFA Office of the Undersecretary for Migrant Workers Affairs welcomes home two more Filipinos from Baghdad, Iraq, this afternoon. Both are victims of human trafficking ...

Carpio hits red carpet treatment for China Coast Guard
Philippine Daily Inquirer - 2020-01-17
MANILA, Philippines -- While the Philippines rolled out the red carpet for the Chinese Coast Guard during its week-long goodwill visit, retired Associate Justice Antonio Carpio on Friday slammed the seeming opportunist moves of another Chinese ship loitering near the Ayungin Shoal in the West Philippine Sea. "That just shows that even while ...

Duterte names Archie Gamboa as new PNP Chief
CNN Philippines - 2020-01-17
Metro Manila (CNN Philippines, January 17) -- President Rodrigo Duterte has named a new chief of the Philippine National Police (PNP). Duterte announced Friday he is poised to appoint PNP Officer-In-Charge PLTGEN Archie Gamboa to lead the police force. "We have the PNP Chief, I'm going to appoint you as the regular PNP but you and Secretary ...

Teco ambassador: No Taiwanese national affected by Taal eruption
Philippine Daily Inquirer - 2020-01-17
And we closely monitor the eruption, every day we contact the DOST [Department of Science and Technology] to learn the latest development of the volcano ... Taal Volcano erupted Sunday afternoon, displacing people from towns surrounding the Taal Lake. The Philippine Institute of Volcanology and Seismology (Phivolcs) has raised Alert ...

Duterte supports total deployment ban of OFWs in Kuwait
Philippine Daily Inquirer - 2020-01-17
MANILA, Philippines -- President Rodrigo Duterte is supportive of the total deployment ban in Kuwait imposed by labor officials following the death of an overseas household worker there ...

Jollibee raises $600M from offshore debut
BusinessWorld - 2020-01-17
JOLLIBEE Foods Corp. (JFC) raised $600 million from a landmark sale of perpetual securities in its offshore capital market debut, restocking its chest after buying the company behind US specialty chain Coffee Bean & Tea Leaf (CBTL). It was the first time for the Philippine fast-food giant to issue perpetual bonds and the first time to tap ...

Cotabato town asks DFA aid for return of OFW who died in Bahrain
Philippine Daily Inquirer - 2020-01-17
KIDAPAWAN CITY -- The local government of Matalam, Cotabato has asked the help of the Department of Foreign Affairs (DFA) for the return into the country of the remains of an Overseas Filipino Worker (OFW) from the town who died in Bahrain. Matalam Vice Mayor Cheryl Valdevieso-Catamco said she went to the DFA Consular Affairs Office in ...

Pilipinas Shell says Batangas oil refinery operating safely after Taal eruption
BusinessWorld - 2020-01-17
PILIPINAS Shell Petroleum Corp. (PSPC) said on Friday that its oil refinery in Batangas province continues to operate safely while its retail stations serve as emergency response sites while Taal Volcano is erupting. The listed company told the stock ...

Ninja cops' days are numbered, senators say as Albayalde's court trial looms
CNN Philippines - 2020-01-17
Metro Manila (CNN Philippines, January 17) -- The impending charges against former Philippine National Police chief Oscar Albayalde and his co-accused "ninja cops" should send shivers up the ...

Coffee farms in Batangas, Cavite may take 1.5 years to recover from Taal eruption
CNN Philippines - 2020-01-17
Metro Manila (CNN Philippines, January 17) -- Coffee farmers in Batangas and Cavite -- known for producing the strong barako variety -- could take more than a year to recover from Taal Volcano ...

SM leads first medical mission in areas hit by Taal eruption
Philippine Daily Inquirer - 2020-01-17
Displaced families were given immediate medical assistance through the first medical mission for communities affected by the recent Taal volcano eruption as SM holds its 3-day Oplan Tulong Express ...

Solon urges Solgen to reconsider quo warranto petition vs ABS-CBN
Philippine Daily Inquirer - 2020-01-17
CAGAYAN DE ORO CITY -- Cagayan de Oro Representative Rufus Rodriguez, an ally of President Duterte, on Friday appealed to Solicitor General Jose Calida to reconsider his plan to file a quo warranto petition with the Supreme Court questioning the validity of the franchise of television network ABS-CBN. The ABS-CBN franchise is set to expire ...

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