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Australian firms awaiting resolution of CITIRA uncertainty
BusinessWorld - 2019-12-12
AUSTRALIAN companies are seeking "clarity" on legislation proposing to reduce the corporate income tax (CIT) and streamline fiscal incentives, now pending before the 18 th Congress. "Australian businesses are interested in the CITIRA (Corporate ...

The world has its first $2 trillion company. But for how long?
CNN Philippines - 2019-12-12
(CNN) --Saudi Aramco shares zoomed higher on Thursday, turning the massive state oil producer into the world's first $2 trillion company and achieving the valuation long sought by Crown Prince Mohammed bin Salman. The stock gained 10% for a second consecutive day, reaching 38.70 riyals ($10.32) per share before giving up some of its gains.

Poe says search for new water sources must continue
Philippine Daily Inquirer - 2019-12-12
MANILA, Philippines -- To ensure a steady supply of water, Senator Grace Poe on Thursday urged for the continued search and development of new water sources as she underscored the need for the creation of a single water agency. "While we work towards the creation of a water agency, we look forward to these projects to meet immediate needs ...

Fair weather expected over the weekend as no LPAs seen outside PAR
Philippine Daily Inquirer - 2019-12-12
MANILA, Philippines - Generally fair weather is expected over the weekend as no low pressure area (LPA) and no weather disturbances are expected to enter the Philippine area of responsibility (PAR), the state weather bureau said on Thursday. However, the Philippine Atmospheric, Geophysical, Astronomical Services Administration (Pagasa) said ...

Facebook firm on message encryption despite pressure
Philippine Daily Inquirer - 2019-12-12
WASHINGTON, United States -- Facebook said Tuesday it plans to move ahead with strong encryption for all its messaging applications, claiming that allowing law enforcement special access would end up being "a gift to criminals, hackers and repressive regimes." The comments from the leading social network come weeks after officials from the ...

Netflix Is Serious About Reaching 100 Million Indian Subscribers
International Business Times - 2019-12-12
Last year, Netflix (NASDAQ:NFLX) CEO Reed Hastings said the video-streaming pioneer's next 100 million subscribers will come from India -- a bold claim considering it had attracted just a few hundred thousand subscribers during each of its first two years in the country, according to estimates. But Netflix is getting aggressive in the country ...

House leaders insist: No pork, no parked funds in 2020 budget
Philippine Daily Inquirer - 2019-12-12
MANILA, Philippines - Leaders of the House of Representatives have assured the public that the proposed 2020 budget -- which was recently ratified -- has no pork insertions and parked funds. Both Speaker Alan Peter Cayetano, and House Majority leader and Leyte Rep. Martin Romualdez admitted on Thursday that the budget they passed is not ...

US Senate resolution calling for De Lima's freedom hurdles committee
CNN Philippines - 2019-12-12
Metro Manila (CNN Philippines, December 12) -- The US Senate Committee on Foreign Relations passed on December 11 the 'Free Leila Resolution.' US Senate Resolution 142 calls for the immediate ...

PDEA: About 186 local drug groups operate in Philippines
Philippine Daily Inquirer - 2019-12-12
MANILA, Philippines--The Philippine Drug Enforcement Agency (PDEA) is on the lookout for about 186 local drug groups currently operating in the Philippines. "Based on our report, I think we ...

PNP awards contract for body cams for P288M
Philippine Daily Inquirer - 2019-12-12
MANILA, Philippines -- The Philippine National Police (PNP) has finally awarded the contract for the body camera system, to be used mostly for anti-drug operations, for P288 million, over a year after the budget was allocated by Congress. PNP officer-in-charge Lt. Gen Archie Gamboa said Friday that the contract was awarded to the EVI ...

Police anti-kidnapping unit rescues illegally detained Taiwanese POGO employee
CNN Philippines - 2019-12-12
Metro Manila (CNN Philippines, December 12) -- The Philippine National Police Anti-Kidnapping Group rescued a Taiwanese man working for a Philippine offshore gaming operator or POGO, after he was illegally detained by his employer, authorities said Thursday. The Taiwanese, 34-year-old Tu Chi-Ping, was rescued at his temporary residence in San ...

Robredo: 'Nothing to be afraid of' in ICAD findings
CNN Philippines - 2019-12-12
Metro Manila (CNN Philippines, December 12) -- Vice President and former anti-drug czar Leni Robredo assured there is "nothing to be afraid of" in her findings from her brief stint at the helm of ...

Police anti-kidnapping unit rescues illegally detained Taiwanese POGO employee
CNN Philippines - 2019-12-12
Metro Manila (CNN Philippines, December 12) -- The Philippine National Police Anti-Kidnapping Group rescued a Taiwanese man working for a Philippine offshore gaming operator or POGO, after he was illegally detained by his employer, authorities said Thursday. The Taiwanese, 34-year-old Tu Chi-Ping, was rescued at his temporary residence in San ...

The House Just Passed Its Prescription Drug Plan -- Here's What's In It
NPR - 2019-12-12
Practically everyone is frustrated by high prescription drug prices. Voters have made clear they want Congress to do something about them. On Thursday, the House of Representatives passed a bill that tries to deliver on that. It was a mostly party line ...

No service interruption during Christmas parties - CSC
BusinessMirror - 2019-12-12
Section 1 of the Implementing Rules and Regulations of Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery (EODB EGSD) Act of 2018 even while holding their year-end activities.

Cleanfuel officially opens in Bagumbong
BusinessMirror - 2019-12-12
Located along the north section of Bagumbong Road in Caloocan City, the newly-opened station will cater to the growing number of residential subdivisions as well as commercial business. The station has a total area of 1,500-square meters with four rentable commercial spaces, and clean and spacious air-conditioned restrooms. Services offered ...

PH deadliest country for farmers, IPs, land activists - report
CNN Philippines - 2019-12-12
Metro Manila (CNN Philippines, December 12) - The Philippines is the deadliest country for farmers and indigenous peoples and land activists, according to a report from an international non ...

S. Korea, US finalize return of 4 military sites, kick off return of Yongsan base
Philippine Daily Inquirer - 2019-12-12
SEOUL -- South Korea and the US have finalized the return of four US military sites here and will start the return process for Yongsan Garrison in central Seoul, the government said Wednesday. In a joint ministry briefing, the government announced that the US handed over control of the four sites previously used by US Forces Korea: Camps ...

House probe on Chinese sex dens in PH sought
Philippine Daily Inquirer - 2019-12-12
MANILA, Philippines -- Lawmakers from the House Makabayan bloc are calling for an investigation into the proliferation of prostitution rings catering to Chinese Philippine Offshore Gaming Operator (POGO) workers here. Gabriela Rep. Arlene Brosas, Bayan Muna Reps. Carlos Zarate, Eufemia Cullamat, and Ferdinand Gaite, ACT Teachers Rep.

LIST: Road closures, stop-and-go areas for December 22 MMFF Parade of Stars - 2019-12-12
MANILA, Philippines -- The Metro Manila Development Authority on Wednesday announced that it will implement road closures and stop-and-go schemes in Taguig City on Sunday, December 22, for the annual Metro Manila Film Festival Parade of Stars. Taguig is hosting the parade, which will feature floats carrying celebrities appearing in official ...

US Senate panel OKs resolution: Free De Lima, drop charges vs Maria Ressa
Philippine Daily Inquirer - 2019-12-12
MANILA, Philippines -- A US Senate panel has approved a resolution urging the Philippine government to free detained Senator Leila de Lima and drop all charges against Rappler CEO Maria Ressa.

PHL, Austria hold round 1 of political consultations
BusinessMirror - 2019-12-12
The Malaysia External Trade Development Corp. held a business forum in Davao City, on November 20. The Philippines and Austria successfully held their inaugural political consultations in Manila on November 28. The meeting, cochaired by Foreign Affairs Undersecretary for Policy Enrique A. Manalo and Austrian Federal Ministry for Europe ...

Pearl Harbor commemoration to go on after fresh tragedy
Philippine Daily Inquirer - 2019-12-12
HONOLULU -- Officials will beef up security as usual for the ceremony to remember those lost in the attack on Pearl Harbor 78 years ago, with service members and dignitaries confronting a fresh ...

Palace hails SEA Games competitors: You are all winners
Philippine Daily Inquirer - 2019-12-12
MANILA, Philippines -- Despite a few snafus that marred the start of the 30th Southeast Asian (SEA) Games in the country, Malacañang hailed the camaraderie and sportsmanship of participating ...

Whistleblower testifies that Boeing ignored pleas to shut down 737 MAX production
CNN Philippines - 2019-12-12
(CNN) -- A government analysis after the first Boeing 737 MAX crash last fall found the jets were at a significant risk for future crashes, but the agency did not ground the planes until after a second one fell from the sky. Those two crashes -- a Lion Air jet into the Java Sea in October 2018 and an Ethiopian Airlines plane near Addis Ababa ...

Ethereum Builder ConsenSys Shutters India and Philippines Operations
YAHOO! - 2019-12-12
While the India and Philippines operations employed fewer than a dozen people combined, they worked on high-profile initiatives. ConsenSys India was working on a number of decentralization projects including health care and land titling, not to mention an ambitious education program to foster ethereum coding in the region. Related: Devcon Shows ...

China sees US delaying Dec. 15 tariff increase as trade talks drag
BusinessMirror - 2019-12-12
US Commerce Secretary Wilbur Ross told the Fox Business Network on Tuesday that getting the right deal was more important than whether it came before or after December 15. "Every day that goes by, we are in a better negotiating position," he said, adding that most of the tougher issues would be addressed in later phases of negotiations.

Lotte eyes full ?control of Pepsi PH
Philippine Daily Inquirer - 2019-12-12
Nine years after buying into beverage-maker Pepsi Cola Products Philippines Inc. (PCPPI), Korean conglomerate Lotte is making an offer to buy out other shareholders of the company in what is widely seen as a prelude to possible delisting from the local stock exchange. In a tender offer report, PCPPI said Lotte Chilsung Beverage Co. Ltd. was ...

Pernia: Family planning helped reduce number of poor by 5.9M
Philippine Daily Inquirer - 2019-12-11
MANILA, Philippines --Intensifying family planning services for women and couples has helped reduce the number of poor Filipinos by 5.9 million in 2018, Socioeconomic Planning Secretary Ernesto Pernia said on Wednesday. This has put the administration firmly on track of achieving or even overshooting its goal of reducing poverty incidence by ...

Why the Trump economy could keep the Dow rising in 2020
CNN Philippines - 2019-12-11
(CNN) - Trade jitters have taken financial markets on a wild ride this year, putting some cracks in the global economy. But stocks still kept hitting record highs. For 2020, much of that market turbulence is expected to remain -- yet stocks could climb even higher. Here's what investors are thinking about going into 2020: Less than a month ...

The British pound has been riding high. An election surprise could send it crashing
CNN Philippines - 2019-12-11
(CNN) - Investors are betting that Prime Minister Boris Johnson will sweep to victory in Thursday's election. If he doesn't, the pound and UK stocks are poised to plunge. The pound has strengthened about 2% since the general election was called in late October, and on Wednesday was trading near a seven-month high around $1.31, and way above a ...

From Billy Porter to Baby Yoda, here's what you Googled this year
CNN Philippines - 2019-12-11
(CNN) - In 2019, people across the country turned to Google for all the answers. Now, Google has unveiled its 2019 Year In Search, a look at the top trending searches of the year. From the viral ...

US stocks notch modest gains as Fed leaves rates unchanged
Philippine Daily Inquirer - 2019-12-11
Wall Street capped a wobbly day Wednesday with modest gains for stocks, snapping a two-day losing streak for the S&P 500. The market shook off a mixed start after the Federal Reserve announced it ...

Saudi Aramco shares spike after historic market debut
CNN Philippines - 2019-12-11
(CNN) -- Saudi Aramco shares increased 10% when they began trading on Wednesday, capping a stock market debut that shattered records but failed to achieve the $2 trillion valuation sought by Crown Prince Mohammed bin Salman. Saudi Arabia's giant state-owned oil monopoly last week pulled off the biggest IPO in history, raising $25.6 billion by ...

Bangko Sentral seen keeping rates unchanged
Philippine Daily Inquirer - 2019-12-11
London-based Capital Economics expects the Bangko Sentral ng Pilipinas (BSP) to hold off any interest rate cut during its last meeting on monetary policy on Thursday before going full steam ahead ...

Selloff hits firms linked to water row
Philippine Daily Inquirer - 2019-12-11
Investors yesterday dumped shares in companies with interest in beleaguered water concessionaires Manila Water Co. and Maynilad Water Services Inc., which both agreed to waive P10.8 billion in arbitral award and tariff adjustments and the possibility of losing their franchise after 2022. Metro Pacific and DMCI, key investors in Maynilad, slid ...

Vehicle sales jumped 10.3% in November
Philippine Daily Inquirer - 2019-12-11
The automotive industry in the Philippines might finally be on its way to recover its lost momentum after truck and car manufacturers reported a more than 10-percent increase in volume sales in November from the same month last year. This was according to a joint report released on Wednesday by the Chamber of Automotive Manufacturers of the ...

Rules on revival of dormant corporations issued
Philippine Daily Inquirer - 2019-12-11
Dormant corporations with mere lapses in reportorial requirements can now revive their registration and resume business under the new guidelines issued by the Securities and Exchange Commission ...

Follicular lymphoma may be curable, study suggests - 2019-12-11
Some patients in remission from the blood cancer called follicular lymphoma can be considered cured, a new small study suggests. Using DNA sequencing, researchers were able to test the patients' blood to see if mutations that caused the cancer were still ...

Merriam-Webster named 'they' word of the year because of the rise in people openly identifying as non-binary
Business Insider - 2019-12-11
Celebrities like Sam Smith and Indya Moore have come out as non-binary genders in recent years, adding to non-binary visibility.

Microsoft details the most clever phishing techniques it saw in 2019
ZDNet - 2019-12-11
Earlier this month, Microsoft released a report on this year's malware and cyber-security trends. Among the few trends highlighted in the report was that phishing was one of the few attack vectors that saw a rise in activity over the past two years. Microsoft said that phishing attempts grew from under 0.2% in January 2018 to around 0.6% in ...

The Biggest Thing Netflix Does To Lose Subscribers
International Business Times - 2019-12-11
There was a time for quite a while when Netflix was the go-to streaming service for watching movies and shows. Things look a little bit different in 2019 now that there are several major streaming services to choose from with some subscribers moving away from Netflix. As reported by ScreenRant, the latest prediction is that Netflix could face ...

PSE 2020: Get creative
BusinessMirror - 2019-12-11
The next IPO needs to have a more persuasive business model rather than "the offering is three times oversubscribed." I want to put my money on new consumer products since it has been a long time since "C2" drink and "Magnum Ice Cream Bars" were introduced. I want to find a company breaking new ground and not just plowing the same ...

NIH announces new plan to tackle chronic hepatitis B - 2019-12-11
Dec. 11 (UPI) --Chronic hepatitis B, continues to sicken hundreds of thousands of Americans -- and millions globally -- despite the availability of a highly effective vaccine. Now the U.S. National Institutes of Health has made research into its biology ...

Twitter is trying to build a new decentralized social media service that could transform its business -- or present new kinds of headaches
Business Insider - 2019-12-11
Twitter is taking inspiration from email with an ambitious plan to rebuild itself and create a new kind of social media.

Audi experiments with a rideshare service in Southern Germany using an EV and gasoline fleet
TechCrunch - 2019-12-11
Audi Business Innovation is testing out a ridesharing service in Southern Germany called BITS that uses both gasoline and electric vehicles in its fleet. To manage the service, Audi has turned to Fleetonomy, a fleet management service that offers white-labeled ride hailing app services and fleet management technology. The company develops ...

Disney+ Sees Record Downloads As Wall Street Analysts Downgrade Netflix
Forbes - 2019-12-11
Baby Yoda, in Disney+'s hit new show, "The Mandalorian." Topline: New data shows Disney+ gaining subscribers and market share in the intensifying streaming wars --and that looks increasingly grim for Netflix, top Wall Street analysts say. Crucial statistics: Disney stock is up over 6% since it launched the streaming service, while Netflix ...

Waze: GPS App Launches New Winter-Friendly Tracking Feature
International Business Times - 2019-12-11
Google-owned Waze has launched a new feature in its popular GPS and traffic-tracking app targeted at holiday travelers and those who live in areas heavily affected by winter weather. With this new feature, Waze will track the real-time snow conditions of roads. This will include whether a not a road has been plowed or not. Just as the app ...

Blue Origin launches, marks sixth reuse of a New Shepard booster - 2019-12-11
Dec. 11 (UPI) --Jeff Bezos' space company, Blue Origin, launched one of its New Shepard boosters for a sixth time Wednesday from West Texas on a research mission. The launch, just before noon, was the first time a Blue Origin booster has been reused so ...

Roughed-up by Duterte, Philippine companies shed $1bn in value
NIKKEI - 2019-12-11
Shares of Manila Water continued to sink on Thursday morning while those of Metro Pacific steadied. Duterte's strong-arm gambit will likely spook markets at a time when foreign investors appear to be losing confidence in the Philippines amid the prolonged US-China trade war. Foreign direct investment plunged to $5.1 billion from January to ...

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