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PXP Energy, partners to start Peru drilling - 2020-01-09
MANILA, Philippines -- Listed upstream oil and gas firm PXP Energy Corp. and its partners plan to start drilling a well in its Peru oil prospect this month. In a disclosure to the Philippine Stock Exchange yesterday, PXP Energy said the contracted Stena Forth Drillship arrived at the Port of Callao ahead of drilling the Marina-1 exploration ...

Samsung sets up anti-corruption panel as chief faces trials
BusinessWorld - 2020-01-09
But this is not the case at Korean companies," said Lee Chang-min, a specialist in corporate governance at Seoul-based Hanyang University. The 51-year-old Lee faces charges that he bribed a friend of former president Park to win government favor over ...

The evolution of digital transformation
BusinessWorld - 2020-01-09
Despite this, only a handful have realized business gains from DX initiatives. This is evidenced by what we see and experience as consumers of banking, retailing, utilities, transportation, education, health care, and even government services. There are two reasons why DX in our country is not progressing as fast. One is that business leaders ...

Securing jobs abroad hinders OFWs from repatriating amid tensions in Middle East
CNN Philippines - 2020-01-09
Metro Manila (CNN Philippines, January 9) -- Despite the threat in the Middle East given the tension between the United States and Iran, some Filipinos still choose to stay overseas thinking of ...

Factory output may have improved in December on back of holiday, infrastructure spending
BusinessMirror - 2020-01-09
A reading above 50 suggests output expansion. In spite of the slowdown caused by minimal foreign orders that translated into weak sales, the report bared business sentiments remain positive on the production of new goods. "Lower foreign new orders and weak sales primarily caused the slowdown," the report stated. "Business expectations ...

Stroke survivor recalls near-death experience, seeing Nazarene, getting well
Philippine Daily Inquirer - 2020-01-09
CAGAYAN DE ORO CITY--A near-death experience brought Eduardo Hapson, 62, close to the Black Nazarene--at his hospital bed, following a deadly stroke, Hapson saw bright light, an elderly man with dark skin and long hair on the bed beside his. Only that Hapson was alone in his hospital room. Hapson, of the town of Sumilao, Bukidnon province has ...

MPD probes case of police car damaged during Traslacion
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- The Manila Police District (MPD) has started looking into the incident involving devotees who reportedly damaged a police patrol car used for escorting the carriage bearing the statue of the Black Nazarene on Thursday, Philippine National Police (PNP) spokesman Brig. Gen. Bernard Banac said. In a statement, Banac said ...

Record-breaking? How long did Traslacion 2020 last?
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- The Traslacion of the Black Nazarene is known not only for the huge number of devotees that it attracts but known for the long hours it takes to finish -- from around 18 ...

Black Nazarene back in Quiapo Church in record time
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- After several hours on the road, the Black Nazarene arrived at Quiapo Church at around 8:49 p.m. on Thursday, marking the end of Traslacion 2020. The Traslacion, or the procession of the life-size image of the Black Nazarene from the Quirino Grandstand in Rizal Park to the Quiapo Church, began earlier than expected at a ...

More organized, peaceful Traslacion seen today - 2020-01-09
Debold Sinas, acting director of the National Capital Region Police Office (NCRPO), said cell sites in parts of Pasay, San Juan, Mandaluyong, Makati, Malabon, Caloocan and Quezon City near ... Round Table (Manila City Hall), National Museum, Philippine Normal University, Natividad Lopez Street, P. Casal Street, Nepomuceno Street, San Sebastian ...

14 truckloads of trash collected along Traslacion's trail
CNN Philippines - 2020-01-09
Metro Manila (CNN Philippines, December 9) -- At least 14 truckloads of waste were collected by the Manila City government along the trail of the Traslacion this year. While still massive, this is significantly lower than the 44 truckloads of waste collected by the Metropolitan Manila Development Authority in the last two years duringTraslacion.

Baguio council approves street parking fees on 1 st reading
BusinessWorld - 2020-01-09
Once passed, the ordinance will apply to the following areas: The whole stretch of Lower Session Road (both lanes); Leonard Wood Junction to Casa Vallejo, Kalaw Road; Junction to PFVR Gym Entry (Upper Session Road); Kalaw Street fronting the building of the Court of Appeals; corner of Session Road to the corner of General Luna (left lane of ...

Air pollution may be cause of poorer bone health, says new research
Philippine Daily Inquirer - 2020-01-09
New research has found yet another way that exposure to air pollution could be negatively affecting our health, by weakening our bones and possibly contributing to osteoporosis. Carried out by researchers behind the CHAI (Cardiovascular Health effects of Air pollution in Telangana, India) Project, which is being led by the Barcelona Institute ...

Nazareno devotee proposes to girlfriend amid Traslacion - 2020-01-09
MANILA, Philippines -- A couple of Black Nazarene devotees got engaged on Thursday amid the sacred Traslacion or Black Nazarene procession. Twenty-three-year-old devotee Kim Noel Yamat went down on his knees to propose to girlfriend Mary Joie Flores in front of their fellow devotees along Vergara Street, Quiapo, Manila. Yamat said he had been ...

Keep fighting for same-sex marriage, CHR urges LGBT community
Philippine Daily Inquirer - 2020-01-09
CHR spokesperson Jacqueline de Guia issued this statement on Thursday in response to the decision of the Supreme Court (SC) to dismiss with finality a petition urging it to allow the union between people of any sexual identity. "One with the cause, we encourage the LGBTQI community and its allies to press on in spite of this hurdle and ...

Indonesian president visits Natuna Islands as stand-off with China continues
Philippine Daily Inquirer - 2020-01-09
JAKARTA -- President Joko Widodo flew to the Natuna Islands amid a stand-off between Indonesian warships and Chinese coast guard vessels and fishing boats in the rich fishing grounds between Malaysia and Borneo. His fourth visit to the regency, which has around 81,000 inhabitants and is part of Riau Islands province, came just two days after ...

A billionaire is giving away $9 million to his Twitter followers in an experiment to see if the money makes them happier
CNN Philippines - 2020-01-09
(CNN)-- A Japanese billionaire will give away more than $9 million to 1,000 people on Twitter to see if it improves their happiness. All they had to do to get it was retweet him. Online shopping mogul Yusaku Maezawa will divvy up 1 billion yen (around $9 million) among the Twitter users. Winners will end up with a million yen each (roughly $9,100).

P23M illegal drugs seized in 2019 in Region 12
Philippine Daily Inquirer - 2020-01-09
KORONADAL CITY -- Some P23 million worth of illicit drugs were seized by the Philippine Drug Enforcement Agency (PDEA) in 2019. In a news conference, PDEA 12 director Naravy Duquiatan said the ...

Muslims help secure, provide water during Traslacion
CNN Philippines - 2020-01-09
Metro Manila (CNN Philippines, January 9) -- The Traslacion is the biggest and wildest annual Catholic event in this part of the world; and securing it is a tough challenge. When it comes to security threats, some Filipino Muslims admit -- though hesitantly -- that they have become the usual suspects. "Inamin natin may mga nasasangkot din ...

Faith buoys 3 devotees amid sea of Black Nazarene believers
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- Different strokes for different folks. And for these three individuals, no amount of distance, heat, and pandemonium could stop them from showing their faith and embark on their annual panata to the Black Nazarene. In the last six years, 26-year-old Buloy Husayan has been a regular at Traslacion appealing to high heavens ...

Japan pledges extra ?2-B loan aid for 2 Metro Manila bridges
CNN Philippines - 2020-01-09
Metro Manila (CNN Philippines, January 9) -- Senior diplomats of the Philippines and Japan exchanged notes Thursday for an additional ?2 billion funding to make two Metro Manila bridges more resilient to earthquakes. "The project will reinforce our bridges, bringing them to superior seismic design specifications and making them resilient to ...

A catalyst for sustainability
BusinessMirror - 2020-01-09
Dr. Felipe O. Calderon, CPA, CMA, Executive Director of the Gov. Jose B. Fernandez, Jr. Center for Sustainable Finance, and School Head of the Washington SyCip Graduate School of Business As the Asian Institute of Management reached its 50th year, it continues to prove that the institution could not only live up to the rapidly changing ...

U.S. Senate OKs reso calling for De Lima release, sanctions for jailers
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- The U.S. Senate on Thursday (Manila time) passed a resolution calling for the immediate release of Senator Leila de Lima and the imposition of sanctions against her jailers. According to the official website of the U.S. Congress, the resolution was "agreed to in Senate with an amendment and an amended preamble by Voice ...

2-M devotees join Black Nazarene procession; 140K waiting at Quiapo Church
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines--More than 2 million devotees joined the procession of the image of the Black Nazarene for its long journey back to Quiapo Church where an estimated crowd of 140,000 was waiting, the Manila Public Information Office reported Thursday afternoon. According to the MPIO, around 2,011,000 devotees joined the Black Nazarene ...

Hacking attempts originating in Iran nearly triple following Soleimani strike, researchers say
CNN Philippines - 2020-01-09
(CNN) --Hackers looking to breach US computer networks sharply intensified their efforts following the death of Iranian military leader Qasem Soleimani, but have had limited success, according to internet security researchers and state government officials. Soon after the strike that killed Soleimani, Iran-based attempts to hack federal, state ...

PH economy to miss growth targets until 2022 - World Bank
CNN Philippines - 2020-01-09
Metro Manila (CNN Philippines, January 9) -- The Philippine economy will grow by at least 6 percent yearly until 2022, the World Bank said, but will miss targets set by the Duterte administration. In its Global Economic Prospects report published on Thursday, the multilateral lender said the Philippines will grow by 6.1 percent this year and 6 ...

1,600 Filipinos eyeing to fly home from Iraq amid tensions - Cimatu
CNN Philippines - 2020-01-09
Metro Manila (CNN Philippines, January 9) -- Around 1,600 Filipinos in Iraq said they want to return to the Philippines through the government's repatriation program amid rising tensions between the United States and Iran, Special Envoy to the Middle East Roy Cimatu said. The Cabinet secretary said these Filipinos in Iraq have expressed intent ...

SSS calamity loans, advance pensions offered to members in Bicol areas hit by Tisoy
Philippine Daily Inquirer - 2020-01-09
Members and pensioners in the Bicol region who lost livelihood when Typhoon Tisoy struck last December may also apply for calamity loans from the Social Security System (SSS). In a statement on Thursday (Jan. 9), SSS president and chief executive Aurora C. Ignacio said house repair and improvement loans are also available for members in the ...

US Senate asks Trump to sanction Filipino officials linked to killings, De Lima detention
CNN Philippines - 2020-01-09
Metro Manila (CNN Philippines, January 9) -- The United States' Senate has passed a measure seeking sanctions for Philippine officials involved in alleged extrajudicial killings and the detention ...

PH lifts mandatory repatriation of OFWs in Iran, Lebanon - Bello
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- Overseas Filipino workers (OFWs) in Iran and Lebanon can opt to stay there after the Philippine government lifted the mandatory repatriation order in both countries, Labor Secretary Silvestre Bello III said Thursday. In a statement, Bello said the government downgraded the alert levels in the Middle East. "Initially ...

DOJ: File money laundering charges vs Philrem for $81-M Bangladesh Bank caper
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- The Department of Justice has ordered the filing of charges for four counts of money laundering against the owners of local remittance firm Philrem Service Corp. in connection with the $81-million Bangladesh Bank cyber heist in 2016. In a 23-page resolution dated December 12, 2019, Justice Undersecretary Adrian ...

PH, Japan exchange notes on extra P2B to fortify 2 metro bridges
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- The Philippines and Japan on Thursday exchanged diplomatic notes for the P2 billion additional funding to reinforce two major bridges in Metro Manila in a bid to make them ...

2020 Wellness trends
BusinessMirror - 2020-01-09
This $200 billion industry is cautiously monitored by its stakeholders. Being able to know what is happening in the business and where it is going in the years to come gives the players an advantage to get a bigger slice of the pie. The Health&Fitness gathered the reports of the three reputable online sites, which they think would give a big ...

US Sen. Durbin to Duterte: 'Honorable' thing to do is stop the threats, free De Lima
CNN Philippines - 2020-01-09
Metro Manila (CNN Philippines, January 9) -- American Senator Richard "Dick" Durbin once again urged the Philippine government to release detained Senator Leila de Lima, saying this is the "easy and honorable way forward." "The Duterte regime should stop threatening the travel of Americans and so many others who travel between our nations and ...

How the Philippines felt the impact of US-Iran tension - 2020-01-09
MANILA, Philippines -- Climate of terror reigned supreme in the past days after tensions between the US and its arch-foe Iran quickly escalated following the assassination of a top Iranian general. Iran promised to avenge its influential commander, Qasem Soleimani, stoking war fears. On Wednesday, Iran retaliated and fired missiles at two ...

China believes new virus behind mystery pneumonia outbreak
Philippine Daily Inquirer - 2020-01-09
BEIJING -- China believes a mysterious pneumonia outbreak that has struck 59 people is due to a new strain of virus from the family of pathogens that includes SARS, state media said Thursday. The infection was first confirmed on December 31 in Wuhan, a central Chinese city with a population of over 11 million, and initially sparked fears about ...

PSBank returns to bond market
Philippine Daily Inquirer - 2020-01-09
Thrift bank Philippine Savings Bank has returned to the local bond market with an offering of three-year bonds carrying an interest rate of 4.5 percent per annum. The thrift bank arm of the Metrobank group plans to raise at least P3 billion from the new offering of fixed-rate peso bonds, which runs from Jan. 9 to 21 this year. "We firmly ...

AFP: Dozens of Chinese vessels spotted near Pag-asa Island
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- Chinese fishing vessels continue to stay near Pag-asa (Thitu) Island in the West Philippine Sea (South China Sea). Western Command chief Vice Adm. Rene Medina said Wednesday there were 38 stationary Chinese boats surrounding the sandbars of Pag-asa as of Tuesday night. There are three sandbars between Pag-asa and the ...

Philippines' Catholics parade 'Black Nazarene' in celebration of Christ
Reuters - 2020-01-09
Hundreds of thousands of Roman Catholics in the Philippines walked barefoot on Thursday around a centuries-old black wooden statue of Jesus Christ believed to have healing powers, praying for good health and economic success in the new year.

LOOK: Black Nazarene devotees get engaged during Traslacion
Philippine Daily Inquirer - 2020-01-09
MANILA, Philippines -- A couple got engaged during the Traslacion of the Black Nazarene on Thursday. Kim Noel Yamat said he proposed to his girlfriend Mary Joie Flores during the Traslacion since ...

Who Is The Chief Mermaid? How Is She Saving Philippines Sharks?
Forbes - 2020-01-09
Anna Oposa is co-founder of conservation NGO Save Philipines Seas, but she also has another title there: Chief Mermaid. And although the title might raise a smile, it has also helped to raise funds for serious marine conservation work.

Fugitive ex-Nissan boss Carlos Ghosn blasts Japanese justice. It was escape or 'die in Japan'
CNN Philippines - 2020-01-09
On Sunday, Mori said Ghosn left the country "illegally by unjust methods," and she ordered Japan's immigration department to "further tighten" rules for leaving the country "so that the same situation won't be repeated." Lebanon said last week that he entered the country legally, according to the country's national news agency. Ghosn is a ...

Boeing faces more trouble after crash of a Ukrainian 737 jet in Iran
CNN Philippines - 2020-01-08
(CNN) -- Another tragic airline crash Wednesday could cause more problems for Boeing. A three-year old Boeing 737-800 jet operated by Ukraine International Airlines crashed soon after takeoff from Tehran's international airport early Wednesday, killing all 176 people on board. Iranian aviation authorities have begun an investigation.

Fitness startup ClassPass is now a unicorn
CNN Philippines - 2020-01-08
(CNN) -- ClassPass has muscled its way into the $1 billion startup club. The alternative gym and fitness studio startup said Wednesday that it has raised $285 million in new funding, pushing its ...

Forced evacuation ordered; PH troops to escort Filipinos out of Iraq
Philippine Daily Inquirer - 2020-01-08
He said the Philippine Overseas Employment Administration (POEA) would soon release a resolution imposing a complete ban on labor traffic to Iraq, Iran and Lebanon. The POEA, he said, has already started scaling down deployment to other countries in the Middle East.

Fires, storms and floods cost $150 billion in 2019. More disasters are on the way
CNN Philippines - 2020-01-08
(CNN) -- Hurricanes, wildfires and floods cost the world $150 billion in 2019 and losses for business and the economy are only expected to increase, because of a decade-long rise in natural catastrophes with direct links to climate change. Munich Re, one of the world's largest reinsurance companies, said Wednesday that it expects to see an ...

Arthaland ups the green trend in P60-B portfolio
Philippine Daily Inquirer - 2020-01-08
Boutique property developer Arthaland Corp. is set to implement a portfolio worth P60 billion, in line with its goal of scaling up its footprint by five times over a five-year period. The plan would translate to various developments with gross floor area (GFA) of at least 500,000 square meters by 2024, but with new opportunities coming up, the ...

Filinvest-led consortium secures Cebu property for P6.7B
Philippine Daily Inquirer - 2020-01-08
A consortium led by the Filinvest group has expanded its footprint in Cebu with a P6.7-billion purchase of a 19.2-hectare reclaimed land in South Road Properties (SRP) owned by the Cebu City government. The consortium, composed of Filinvest Land Inc., Filinvest Alabang Inc., and Cyberzone Properties Inc. and Sytengco-owned companies, signed a ...

China's military is hinting at plans for airborne laser attack weapon
Business Insider - 2020-01-08
The Chinese People's Liberation Army's equipment procurement website is inviting bids for a plan for a "airborne laser attack pod."

Kioxia Fire Will Impact NAND Flash Supply
Forbes - 2020-01-08
Koxia reported on January 7 that they had a fire in Fab 6 at the Yokkaichi NAND Flash Plant. They reported that no casualties were reported and one piece of equipment was partially damaged. The fire took place in a cleanroom facility and that facility was shut down for inspection. The latest news from Koixia is that the fire will cause a two ...

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