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Taal Volcano eruption risks GDP growth, analysts say
BusinessWorld - 2020-01-13
Ricafort, chief economist at Rizal Commercial Banking Corp., said in a mobile phone message. "Inflation could pick up as a result." Property prices in badly hit areas could also decline, he said, adding that tourism could take a beating as canceled flights lead to higher airfares. Batangas province contributed a third or about 2.079 million ...

Duterte bars PNP from procuring equipment to prevent corruption
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 13) -- President Rodrigo Duterte said on Monday he is barring the Philippine National Police (PNP) from procuring their own equipment and told Interior Secretary Eduardo Año to take over instead, to prevent corruption. Duterte said he was informed that the police reportedly obtained traffic radar guns at ...

Landbank, CHED ink partnership
philstar.com - 2020-01-13
MANILA, Philippines -- State-run Land Bank of the Philippines has partnered with the Commission on Higher Education and the Unified Student Financial Assistance System for Tertiary Education (UniFAST) to provide efficient and convenient financial support to poor but deserving students. Landbank president and chief executive officer Cecilia ...

RCBC takes digital banking to the next level
philstar.com - 2020-01-13
MANILA, Philippines -- Yuchengco-led Rizal Commercial Banking Corp. (RCBC) said more digital-enable products and services are being launched this year as the government and the private sector ramp up financial inclusion efforts. "Filipinos should expect for more digital-enabled banking products and services coming their way as we usher in ...

PNP exec, informant killed in Sulu drug bust
philstar.com - 2020-01-13
MANILA, Philippines -- A police official and his civilian informant were killed in an anti-drug operation in Indanan, Sulu on Sunday. Lt. Sali Aspi Salim of the Sulu police and the civilian informant, who was not identified, were shot by the cohorts of a drug suspect who resisted arrest after selling shabu to undercover agents, Brig.

PSE to release rules on delisting
philstar.com - 2020-01-13
MANILA, Philippines -- The Philippine Stock Exchange (PSE) expects to release its new delisting rules within the first quarter. In a chance interview, PSE chief operating officer Roel Refran said there were some issues raised with respect to the draft rules, but gave assurance that these would be resolved within the quarter. To make its ...

Smart working on network restoration in Calabarzon
philstar.com - 2020-01-13
MANILA, Philippines -- Smart Communications Inc., the wireless arm of the PLDT Group, is working to restore mobile network coverage in areas affected by the eruption of Taal Volcano in Calabarzon. "Some areas in Batangas, Cavite and Laguna may still experience limited mobile signal due to damage to our facilities and or lack of power ...

Truck rams post amid ashfall; 1 dead, 3 hurt
philstar.com - 2020-01-13
LAGUNA, Philippines -- A truck driver died while his three companions were injured when their vehicle rammed a concrete post amid heavy ashfall in Calamba City, Laguna yesterday. Police said Gilbert Briones, who was pinned under the truck, died at the scene. Jovin and Reymar, both surnamed Daen, and Charity Flores, 33, were injured and taken ...

2 Cagayan cops held for betting in cockfight
philstar.com - 2020-01-13
TUGUEGARAO CITY, Cagayan, Philippines -- Two police officers caught betting in a cockpit in Barangay Bagumbayan, Tuao, Cagayan were arrested on Sunday. M/Sgts. Victor Angoluan, 41, and Robert Fernando, 31, of the 2nd Provincial Mobile Force Company and Calayan police, respectively, were accosted by personnel of the Regional Integrity ...

Philippines to shoulder cost of migration of IPs affected by Kaliwa Dam project
philstar.com - 2020-01-13
MANILA, Philippines -- The Philippine government has committed to shoulder the cost of migration of the indigenous people affected by the implementation of the China-funded Kaliwa Dam project, the Chinese Embassy in Manila said yesterday. The embassy defended the project, saying the terms and conditions of the agreement are in accordance with ...

DOJ: Water firms can comment on new contract
philstar.com - 2020-01-13
MANILA, Philippines -- Justice Secretary Menardo Guevarra yesterday denied allegations that the government would compel the two water concessionaires to accept the terms in the new contracts, saying the companies would have the opportunity to give their comments. Guevarra said the government would not immediately compel the water companies to ...

AEV raises $400 million from notes issue
philstar.com - 2020-01-13
MANILA, Philippines -- Aboitiz Equity Ventures Inc. (AEV) has successfully raised $400 million from the issuance of fixed-rate, dollar-denominated senior unsecured notes. AEV issued the notes through its wholly-owned subsidiary AEV International Pte Ltd. The notes will be listed on the Singapore Stock Exchange. AEV president and chief ...

Davao manufacturer ventures into hotel business
BusinessWorld - 2020-01-13
Blue Lotus Hotel is targeting leisure and business travellers. -- BW/LEAN S. DAVAL, JR. DAVAO CITY -- The family behind weighing scale manufacturer First Philippine Scales Inc. (FPSI) has ventured into the hotel business, taking advantage of a 2,000-square meter prime property in Davao City where the new Blue Lotus Hotel now stands.

Duterte calls on private sector to suspend work due to Taal Volcano eruption
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 13) -- President Rodrigo Duterte has appealed to private companies to consider suspending work during times of calamity. Speaking to media Monday, Duterte commented on reports some companies made their employees come to work despite ashfall in several areas in the wake of Taal Volcano's phreatic eruption ...

Duterte calls on private sector to suspend work due to Taal Volcano eruption
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 13) -- President Rodrigo Duterte has appealed to private companies to consider suspending work during times of calamity. Speaking to media Monday, Duterte ...

Palace: Work, classes in Batangas still suspended Tuesday
Philippine Daily Inquirer - 2020-01-13
MANILA, Philippines--Government work and classes in all levels in the province of Batangas will remain suspended on Tuesday due to Taal volcano eruption, Malacañang said. In a statement Monday evening, Executive Secretary Salvador Medialdea said the suspension of classes in all levels and work in government in Batangas would remain in force ...

Opinion Roundup: Michaux for MicKissick; Facebook fact check; median bees; and more
WRAL - 2020-01-13
State IT chief threatens to cancel NC superintendent's 'emergency' Istation contract (WRAL-TV reports) -- N.C. state information technology leaders sent a memo to State Superintendent ... according to the U.S. Department of Health and Human Services data. A proposed rule change would let the state use dental hygienists to help fill the oral ...

DOLE issues work suspension protocols as volcanic ashfall drifts to Metro Manila
BusinessMirror - 2020-01-13
He also called business owners to provide cash assistance and provide affected employees with food packs and drinking water. But as a last resort, organized labor said concerned workers can also exercise their "right to refuse to unsafe" provision of the Republic Act 11058 and the Occupational Safety and Health (OSH) of 2018 if they are ...

Government ramps up relief, rescue operations in Batangas
BusinessMirror - 2020-01-13
According to Mendoza, no less than the national government has requested that businesses allow their employees to stay home from work, but this was not the case for those in the manufacturing and business- process outsourcing industries. "The volcanic activity of Taal Volcano surprised us all...and local government units in nearby areas have ...

Chinese investors eye GenSan for manufacturing plants
BusinessWorld - 2020-01-13
It just so happened they saw the plans of the mayor for GenSan and they found it to be business-friendly." Should the projects push through, Mr. Rivera said they expect "billions in revenue for the local government" and more than 5,000 job opportunities.

Duterte thumbs down Manila Bay reclamation projects
Philippine Daily Inquirer - 2020-01-13
MANILA, Philippines--President Rodrigo Duterte is not inclined to approve "massive" reclamation projects in Manila Bay as he stressed the need to protect the environment and the public. Almost 10,000 hectares of Manila Bay from Navotas City to Cavite are supposed to undergo reclamation under 25 projects, some of which already received ...

18 olive ridleys released to their natural habitat
Philippine Daily Inquirer - 2020-01-13
LEGAZPI CITY--Eighteen olive ridley (Lepidochelys olivacea) hatchlings were released to the ocean Monday at Sibago village in Donsol town, Sorsogon province, according to the World Wide Fund for Nature (WWF) Philippines. The environment and conservation trust, formerly called World Wildlife Fund, released the hatchlings at 5 p.m. with ...

House vows to improve Universal Health Care
philstar.com - 2020-01-13
Under the 2020 national budget, P172.4 billion has been allocated for the implementation of the UHC Law, which includes some P4 billion to the Philippine Health Insurance Corp. that was sourced ...

Gov't, private companies give aid to Taal evacuees
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 13) -- Government agencies and private companies have initiated relief efforts to aid residents affected by ashfall from Taal volcano's eruption, officials said Monday. National Disaster Risk Reduction and Management Council Chairman Delfin Lorenzana said there have been food supplies coming in from the ...

Cloudy skies, rain, mudflow, poor visual likely over Batangas, nearby areas - Pagasa
Philippine Daily Inquirer - 2020-01-13
The state weather bureau said this in its 4 p.m. weather update on Monday, even warning of possible reduced visibility and mudflow during ashfall and light to moderate rains in the affected ...

Ramon Ang says son still in hospital amid false rumors
philstar.com - 2020-01-13
MANILA, Philippines -- Business magnate Ramon Ang, president of San Miguel Corp., appealed against the spread of false reports about the condition of his son, the chief financial officer of car distributor RSA Motors. In a statement Monday, Ang denied unverified blog posts and circulating text messages claiming that 26-year-old Jomar has ...

Globe provides free internet connection, Libreng Tawag and Charging amid Taal Volcano explosion
Philippine Daily Inquirer - 2020-01-13
Globe is providing free and unlimited GoWiFi internet connection in all four terminals of the Ninoy Aquino International Airport (NAIA) and select malls in Laguna, Cavite and Batangas to give ...

Batangas placed under state of calamity as 'explosive' Taal eruption looms
philstar.com - 2020-01-13
Batangas -- The province of Batangas on Monday afternoon was placed under the state of calamity due to Taal Volcano's eruption. In a resolution signed by the members of the Sangguniang Panlalawigan, the declaration aims to implement, complement and sustain quick disaster response and recovery activities in the affected cities and towns of the ...

Severe weather in Afghanistan, Pakistan leaves 43 dead
Philippine Daily Inquirer - 2020-01-13
KABUL, Afghanistan -- Severe winter weather has struck parts of Afghanistan and Pakistan, with heavy snowfall, rains and flash floods that left at least 43 dead, officials said Monday as authorities struggled to clear and reopen highways and evacuate ...

K-pop stocks likely to gain traction on improved Seoul-Beijing ties-analysts
Philippine Daily Inquirer - 2020-01-13
SEOUL -- Stocks in the three biggest entertainment agencies in South Korea -- YG, SM and JYP -have been volatile throughout 2019, weighed on by a sex and bribery scandal involving Seungri, former member of K-pop boy band Big Bang. The scandal broke out early last year and swept across the K-pop industry in a whirlwind. Of the three, YG ...

DTI orders crackdown on businesses raising face mask prices
philstar.com - 2020-01-13
MANILA, Philippines -- The Department of Trade and Industry on Monday warned businesses against raising the prices of face masks and gas masks amid high demand due to ash fall from the erupting Taal Volcano, south of Manila. In a statement, the DTI said it dispatched teams to monitor and observe movement of retail prices in the market.

Philippines' volcano eruption shuts businesses as bigger threat looms
NIKKEI - 2020-01-13
told the Nikkei Asian Review. "Our company will advise us when to come back." The government said that as of 12 p.m. on Monday nearly 25,000 people had taken temporary shelter in 75 evacuation centers amid continuing volatility by Taal, one of the Philippines' most active volcanoes. The Philippine Institute of Volcanology and Seismology kept ...

Volcanic eruption disrupts Philippine flights and businesses
NIKKEI - 2020-01-13
told the Nikkei Asian Review. "Our company will advise us when to come back." The government said that as of 12 p.m. on Monday nearly 25,000 people had taken temporary shelter in 75 evacuation centers amid continuing volatility by Taal, one of the Philippines' most active volcanoes. The Philippine Institute of Volcanology and Seismology kept ...

Can anyone get Boeing through this mess? He's going to try
CNN Philippines - 2020-01-13
(CNN) -- Dave Calhoun might have the toughest job in corporate America: Fixing Boeing. As he steps into the CEO job on Monday, Calhoun is tasked with winning approval for the 737 Max to fly again, a first step in ending a 10-month crisis that has cost the company billions of dollars. He must also work to regain Boeing's reputation for safety ...

Taal Volcano eruption: Things you need to know
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 13)-- Thousands of residents in Batangas have fled their homes as Taal Volcano continued to show signs of marked unrest on Monday. Taal, the country's second-most active volcano, had a magmatic eruption-- spewing out lava for over an hour. The volcano on Sunday began a phreatic or stream-driven eruption ...

China is really worried about unemployment. Here's what it's doing to avoid mass layoffs
CNN Philippines - 2020-01-13
(CNN) --The Chinese government wants to do whatever it can to protect the economy in 2020. It's got an enormous task ahead of it. Beijing has made clear that the world's second largest economy cannot spiral into a slump and risk mass layoffs as it tangles with rising debt, cooling domestic demand and an ongoing trade war with the United States.

Philippines residents have been warned of a possible 'volcanic tsunami' after a major volcano spewed lava and ash into the sky
Business Insider - 2020-01-13
Authorities raised the alert level in the area to a four out of five, meaning that a "hazardous explosive eruption is possible within hours to days."

Tesla is now the most valuable US automaker ever
CNN Philippines - 2020-01-13
(CNN) -- Wall Street's current love for Tesla has lifted its shares to a level never before achieved by a US automaker. Tesla shares, which are up more than 160% since hitting a 52-week low last June, now have a market value of $86.5 billion. That gives the electric car-maker the distinction of being the most valuable US automaker in history.

DOLE issues rules on work suspension in private sector during calamities
Philippine Daily Inquirer - 2020-01-13
MANILA, Philippines -- The Department of Labor and Employment (DOLE) on Monday issued an advisory for work suspension in the private sector during calamities, following the recent phreatic eruption of Taal Volcano. In Labor Advisory No. 01-2020, Labor Secretary Silvestre Bello III said "employers in the private sector, shall, in the exercise ...

Rush to buy face masks reaches Baguio City
philstar.com - 2020-01-13
BAGUIO CITY, Philippines -- The rush to buy face masks reached as far as Baguio by early Sunday evening. Most of the drug stores in the city ran out of surgical masks as well as the the N95 kind masks recommended against hazardous ash from Taal Volcano. Government experts indicated that the wind could blow the the ash northward to Baguio City ...

Fast facts: Taal Volcano
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 13) -- The Taal Volcano may appear small, but it's considered one of the most active in the Philippines with frequent eruptions over the past decades. The Philippines is home to 24 of 400 active volcanoes globally. Including other dormant formations, Taal is part of the 407 volcanoes identified in the ...

Ramon Ang's son rushed to hospital
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 12) -- Ramon S. Ang, president and chief operating officer of conglomerate San Miguel Corp. (SMC) clarified rumors about his son Jomar. In a statement released to the media on Sunday, Ang said: "On behalf of my family, I would like to express my sincerest appreciation for the outpouring of prayers, love ...

SWS: Majority of Filipinos see many abuses, killings in drug war
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 13) -- Three-fourths of Filipinos believe there have been many human rights abuses in the government's crackdown on illegal drugs although there are fewer drug users from three years ago, a recent Social Weather Stations (SWS) survey showed. Some 76 percent of Filipino adults said there were multiple ...

US Embassy warns against travel to Taal, nearby areas
philstar.com - 2020-01-13
MANILA, Philippines -- The United States Embassy in Manila released a natural disaster alert to US citizens in the Philippines after the phreatic eruption of the Taal Volcano on Sunday afternoon. Phreatic eruptions are caused by magma heating underwater or surface water, creating steam. In its alert update issued Sunday evening, the embassy ...

Taal Volcano spews lava in magmatic eruption as hazardous explosion remains imminent
CNN Philippines - 2020-01-13
Metro Manila (CNN Philippines, January 13) -- Taal Volcano had a magmatic eruption early Monday morning after spewing only smoke and ash since Sunday afternoon, state seismologists said. A "weak" lava fountain erupted from the active volcano for an hour and a half, from 02:49am to 04:28am, Philippine Institute of Volcanology and Seismology ...

LIVE updates: Earthquakes associated with Taal Volcano eruption
philstar.com - 2020-01-13
MANILA, Philippines (Updated 10:44 a.m.) -- Almost a hundred minor earthquakes have been recorded by the Philippine Institute of Volcanology and Seismology in the provinces of Cavite and Batangas since the phreatic or steam-driven eruption of the Taal Volcano on Sunday afternoon. Phreatic eruptions happen when magma heats underground or ...

LRT-2 to operate 'aircon-less' amid Taal Volcano ashfall
philstar.com - 2020-01-13
MANILA, Philippines -- The management of the Manila Light Rail Transit System Line 2 (LRT-2) on Monday announced that it would shut off its air-conditioning system amid the ashfall due to phareatic eruption of Taal Volcano. The LRT-2 said the move is to prevent damage to the trains. It added that windows of the trains would be closed to keep ...

Manila vice mayor warns businesses as face mask prices spike to P200 amid Taal eruption
philstar.com - 2020-01-13
MANILA, Philippines -- Prices of face masks in Manila jumped by as high as P200 apiece amid high demand as ash pours over parts of Luzon due to threats of an "explosive eruption" of Taal volcano south of the capital, Vice Mayor Honey Lacuna-Pangan said Monday. Taal volcano, a popular tourist attraction set in the center of a picturesque lake ...

Water supply remains safe to drink amid Taal ashfall -- Manila Water
philstar.com - 2020-01-13
MANILA, Philippines -- Water supply in the east zone of Metro Manila and Rizal is safe to consume even as ash continuously pours from the Taal Volcano, Manila Water said Monday. The ashfall from the restive Taal in Batangas has already reached Metro Manila and areas north of the capital region since it began its period of intense unrest Sunday ...

City Government of Marikina taps Bayad Center to provide convenience for Marikeños
Philippine Daily Inquirer - 2020-01-13
Marikina City residents will soon have the option of paying their business permit, real property tax and more, with payment machines to be located inside the City Hall of Marikina and several ...

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