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DOLE renews crackdown on foreign illegal workers with 400 new inspectors checking companies
BusinessMirror - 2019-11-15
The LEOs were tasked to conduct the following activities: check the legitimacy of the company as shown by the business permit and the Securities and Exchange Commission (SEC) registration; and verify the roster of local employees and the foreign national/s actually working at the time of inspection; assess Alien Employment Permit applicants ...

Duterte abolishes Pasig River Rehabilitation Commission
philstar.com - 2019-11-15
The Department of the Interior and Local Government (DILG) and the Philippine National Police (PNP) are tasked to coordinate with the MMDA and the DPWH in doing their functions. In the process of dissolving the PRRC, the Department of Budget and Management (DBM) will supervise the winding up of its operations and the final disposition or ...

BSP reports positive net inflow of hot money in October
CNN Philippines - 2019-11-15
Metro Manila (CNN Philippines, November 15) -- Inflows of foreign portfolio investments (FPI) exceeded outflows in October, according to the latest central bank data. The Bangko Sentral ng Pilippinas (BSP) reported that October had net FPI inflows of $105 million, a partial recovery from September's $232 million worth of net outflows.

Environment chief sued for allowing 'illegal' operation of coffee plantation
CNN Philippines - 2019-11-15
Metro Manila (CNN Philippines, November 15) -- An indigenous people's group on Friday filed a case against Environment Secretary Roy Cimatu for neglect of duty, saying he did not block the ...

Singtel to persevere in India despite massive loss
NIKKEI - 2019-11-15
SINGAPORE (Nikkei Markets) -- Singapore Telecommunications remained optimistic about prospects ... Outside of India, Singtel owns stakes in Indonesia's Telkomsel, Thailand's AIS and Intouch, and Globe in the Philippines, all of which reported higher earnings for the quarter. While the company's exposure to various markets and operating ...

Tropical Storm Ramon slightly weakens; Signal No. 1 up in 13 Luzon towns
Philippine Daily Inquirer - 2019-11-15
MANILA, Philippines -- Tropical Storm Ramon has slightly weakened and is almost stationary as it travels eastward of Cagayan province, the state weather bureau said Friday. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said that as of 4 p.m. Friday, Ramon was 460 kilometers east of Tuguegarao City ...

Slow-moving Tropical Storm Ramon hovering over Philippine Sea
philstar.com - 2019-11-15
MANILA, Philippines -- Tropical Storm Ramon (Kalmaegi) slightly weakened as it remained almost stationary for the past six hours, weather forecasters said late Friday afternoon. At 4 p.m., "Ramon" was spotted 460 kilometers east of Tuguegarao City in Cagayan province, barely moving from its position late Friday morning. The tropical storm ...

Magnitude 4.0 quake rocks Makilala, Cotabato
Philippine Daily Inquirer - 2019-11-15
MANILA, Philippines -- A 4.0 magnitude earthquake rocked a town in Cotabato province on Friday afternoon, state seismologists said. In its initial earthquake bulletin, the Philippine Institute of ...

?7.4-billion yearend bonus for PNP personnel released
CNN Philippines - 2019-11-15
Metro Manila (CNN Philippines, November 15) -- Policemen have received their yearend bonus, equivalent to their monthly basic salary and more. The Philippine National Police on Friday announced the release of ?7.4 billion for the 205,189 uniformed and non-uniformed personnel nationwide. "The yearend bonus has been credited to the ATM payroll ...

First vaping-associated lung injury case reported in PH
CNN Philippines - 2019-11-15
Under the order, individuals are also banned from using e-cigarettes in public, and local government units may apprehend violators. However, the implementation is put on hold as there is a preliminary injunction issued by the courts of Pasig and Manila, requiring the FDA to stop enforcing the said AO, according to the DOH. Rolando Enrique ...

Chest-deep floods swamp Romblon villages as Ramon passes by
Philippine Daily Inquirer - 2019-11-15
Edgar Solano, of the disaster management office, said heavy rains started around 3 a.m. causing streams and rivers to swell and spill over to main roads. In a phone interview past noon, Solano said the flood had started to subside as weather slightly improved.

DILG exec reminds Robredo on drug war info: 'Walang laglagan'
CNN Philippines - 2019-11-15
Metro Manila (CNN Philippines, November 15) -- A member of the Inter-agency Committee on Anti-illegal Drugs (ICAD) admitted initial reservations about Vice President Leni Robredo -- an opposition leader -- being tasked to co-lead the Duterte administration's war against illegal drugs. Interior Undersecretary Ricojudge Echiverri on Friday ...

Load more and earn more with Chenglong Truck
BusinessMirror - 2019-11-15
The company has successfully established a name in the trucks distribution business since assuming the role as the main distributor of Chenglong Motor in the Philippines in 2016. Since then, it has been creating a strong relationship with the biggest names in the construction industry as their clienteles, such as DMCI, Equiparco, Montescarlos ...

Fitch Solutions upgrades 2019 Philippine growth forecast
philstar.com - 2019-11-15
MANILA, Philippines -- Fitch Solutions Macro Research -- a unit of Fitch Group -- upwardly revised its growth outlook on the Philippine economy on expectations of stronger government spending. Fitch Solutions said the economy will likely grow 6% in 2019, higher than its previous projection of 5.7% on the back of "a strong rebound in ...

Stock prices surge on bullish talk on China-US trade deal
Philippine Daily Inquirer - 2019-11-15
BANGKOK - Shares advanced in Asia on Friday after White House officials said China and the U.S. were getting close to an agreement to cool tensions over trade. Markets have swung from euphoria ...

Poe tells govt, other sectors to work together to end discrimination
Philippine Daily Inquirer - 2019-11-15
MANILA, Philippines -- Senator Grace Poe is urging the government and other concerned sectors to work together to end discrimination against women. Poe made the call as she lamented the challenges women face in asserting their leadership roles in society. "To bring on change, we need inspiring individuals, but we also need a grassroots movement.

4 PNPA cadets charged in alleged hazing of plebe
CNN Philippines - 2019-11-15
Metro Manila (CNN Philippines, November 15) -- Four cadets of the Philippine National Police Academy (PNPA) have been charged with violation of the Anti-Hazing Law for the alleged maltreatment of plebe John Desiderio. According to police report, the case was filed before the provincial prosecutor in Imus City, Cavite on November 14. The ...

36 Japanese nationals arrested in Makati for telecom fraud
CNN Philippines - 2019-11-15
Metro Manila (CNN Philippines, November 15) -- The Bureau of Immigration is set to deport 36 Japanese nationals who were caught engaging in voice phishing operations in Makati City. The BI in a statement on Friday said the foreigners were arrested in a hotel on Wednesday. Authorities conducted the raid targeting fugitives Nobuki Oshita ...

Ford's new Mustang is an electric SUV
CNN Philippines - 2019-11-15
(CNN) -- On Sunday, Ford will announce what is possibly the biggest change ever in the 55-year history of the Mustang. The automaker will unveil a vehicle bearing the Mustang brand that's not a two-door car. Called the Ford Mustang Mach-E, it's a fully electric crossover SUV that will wear the Mustang's chrome pony. Ford has apparently learned ...

EU bank to focus solely on clean energy sources starting in 2022
CNN Philippines - 2019-11-15
(CNN) -- The European Investment Bank (EIB) announced Thursday that it will end financing for fossil fuel energy projects at the end of 2021, adding in a statement that future financing will focus on accelerating innovations in clean energy. "We will stop financing fossil fuels and we will launch the most ambitious climate investment strategy ...

ADB approves $300-million anti-poverty loan to LGUs
BusinessMirror - 2019-11-15
The Asian Development Bank (ADB) has approved a $300- million policy-based loan to support local government units (LGUs) boost economic growth and reduce poverty. The loan will be used for the Local Governance Reform Program (LGRP) subprogram, which aims to equip LGUs with the ability to deliver better government services. Improved government ...

Tencent vs. Alibaba: Why one Chinese titan is slumping while the other soars
CNN Philippines - 2019-11-15
(CNN) -- Chinese giant Tencent is in a slump. The company's stock fell 2.3% in Hong Kong on Thursday, making it the day's worst performer on the Hang Seng Index. It was also Tencent's biggest daily percentage drop in three weeks. Investors were dispirited by a lackluster earnings report. On Wednesday in New York, the WeChat owner said that net ...

PDEA refutes Robredo on China as main source of illegal drugs in PH
CNN Philippines - 2019-11-15
Metro Manila (CNN Philippines, November 15) -- Philippine Drug Enforcement Agency (PDEA) Chief Aaron Aquino debunked the reports received by Vice President Leni Robredo that China is the top source of illegal drugs in the country. Aquino, who also serves as Robredo's co-chair in the Inter-agency Committee on Anti-Illegal Drugs (ICAD), said the ...

De Lima files bill protecting commuters against abusive drivers
Philippine Daily Inquirer - 2019-11-15
MANILA, Philippines -- A bill eyeing to protect commuters from abusive drivers and to establish standards for services of public utility vehicles (PUVs) has been filed at the Senate. Opposition ...

Revilla hits TV comeback critics: Haters gonna hate
CNN Philippines - 2019-11-15
Metro Manila (CNN Philippines, November 15) -- Senator Ramon "Bong" Revilla Jr. took a swipe at his critics Friday, as he defended his much-criticized television comeback. "Haters are going to hate, and bashers are going to bash," Revilla said in a statement. "The truth is out there and it is their choice to side with lies and falsehood.

Magnitude 4.3 quake rattles Occidental Mindoro
Philippine Daily Inquirer - 2019-11-15
MANILA, Philippines -- A magnitude 4.3 earthquake rattled parts of Occidental Mindoro on Friday, the Philippine Institute of Volcanology and Seismology (Phivolcs) said. The quake struck at 9 ...

Generating Leads through Conversations
Philippine Daily Inquirer - 2019-11-15
As technology pervades more and more aspects of our daily lives, we constantly strive to make each connection meaningful. And often, it begins with a simple conversation. Beyond using messaging ...

Tropical Storm Ramon gains strength, nears Luzon
Philippine Daily Inquirer - 2019-11-14
MANILA, Philippines - Tropical Storm Ramon slightly intensified as it nears Luzon on Friday, the state weather bureau said Friday. In its 5 a.m. weather bulletin, the Philippine Atmospheric ...

2 dead in California school attack; gunman shoots self
Philippine Daily Inquirer - 2019-11-14
SANTA CLARITA, Calif. - A student pulled a gun from his backpack and opened fire at a Southern California high school Thursday, killing two students and wounding three others before shooting himself in the head on his 16th birthday, authorities said. The gunfire began around 7:30 a.m. at Saugus High School in suburban Santa Clarita, where ...

S&P 500 ekes out record high after listless day of trading
Philippine Daily Inquirer - 2019-11-14
A day of listless trading on Wall Street ended Thursday with another record high for the S&P 500. The benchmark index notched its third consecutive gain after spending most of the day wavering between small gains and losses. The Dow Jones Industrial Average and Nasdaq composite also budged little, capping the day with miniscule drops.

The new Motorola Razr is $1,500 but OMG I must have it
CNN Philippines - 2019-11-14
(CNN) -- It's a flip phone in an age when no one makes calls anymore. The camera isn't great. The battery life stinks. The screen is plastic. The processor is slow. It's superdupercrazy expensive (think an iPhone 11, then double that). But ... I kinda want the new Motorola Razr. Motorola has brought back the Razr, the legendary flip phone from ...

Instagram is now testing hiding likes worldwide
CNN Philippines - 2019-11-14
(CNN) -- Some Instagram users around the world will have to kiss their likes goodbye. On Thursday, Instagram announced it is now expanding its months-long test to hide like counts to the rest of ...

CamSur bears brunt of Tropical Storm Ramon
Philippine Daily Inquirer - 2019-11-14
NAGA CITY--Landslides and flash floods caused by heavy rain from Tropical Storm "Ramon" drove more than 400 people to flee their homes in Camarines Sur province on Thursday, according to disaster management officials. Ferry services have also remained suspended since Wednesday after most of Bicol was placed under Storm Signal No. 2 ...

Pasig River rehab agency abolished
Philippine Daily Inquirer - 2019-11-14
Describing the historic Pasig River as "uncleanable" President Rodrigo Duterte has abolished the Pasig River Rehabilitation Commission (PRRC) and consolidated all its current efforts to improve existing waterways in Metro Manila. Executive Order No. 93 signed by Executive Secretary Salvador Medialdea transfers the functions of the PRRC to ...

Ayala makes $237.5-M gamble in biggest Filipino investment in Myanmar
Philippine Daily Inquirer - 2019-11-14
"Ayala is one of the foremost conglomerates in the Philippines; a family business that has endured generations of change, while maintaining a stellar track record in many sectors across the econom

Dominguez: Strong PH economy to counter global slack
Philippine Daily Inquirer - 2019-11-14
The Philippine economy is "ready to soar" after a strong performance in the third quarter and will likely grow by 6 percent or above for the rest of the Duterte presidency despite the international trade friction and other global challenges, according to Finance Secretary Carlos Dominguez III. The massive rollout of the "Build, Build ...

Fruitas sets IPO price, seeks to raise P1B
Philippine Daily Inquirer - 2019-11-14
Fruitas grew its business from a single fruit juice stall in SM Manila in 2002. Today, it owns 900 stores across 20 brands. It operates fruit shakes under Fruitas, coconut beverages under Buko ni Fruitas, meat-filled pastries under De Original Jamaican Pattie, and lemonade Johnn Lemon. It is also behind Sabroso Lechon, Juice Avenue, Black Pearl ...

FirstGen sees record performance in 2019
Philippine Daily Inquirer - 2019-11-14
Its hydro power business racked up $8 million, up 160 percent. Consolidated revenue from the sale of electricity rose by 11 percent to $1.6 billion, accounting for 63 percent of total, thanks to higher average natural gas prices as well as improved plant dispatch.

Phoenix bottom line fell 30% in January to September
Philippine Daily Inquirer - 2019-11-14
Phoenix Petroleum Philippines Inc. saw its net income for the first three quarters drop 30 percent year-on-year to P918 million this year from P1.3 billion perviously, which was blamed partly on ...

Facebook, Instagram Challenge Paypal With New Donation Tools
Forbes - 2019-11-14
21 June 2019, Baden-Wuerttemberg, Stuttgart: The Facebook app is displayed on the screen of an ... [+] iPhone. Photo: Fabian Sommer/dpa (Photo by Fabian Sommer/picture alliance via Getty Images) picture alliance via Getty Images Facebook announced three new products on Thursday that will make it easier for people to donate to charities and ...

Employees are jittery about WPP consolidation news and Accenture winning the Kimberly-Clark business
Business Insider - 2019-11-14
Sources told Business Insider they expected some downsizing, which is standard practice for agencies. Forrester called the consolidation necessary.

Officials warn about the dangers of using public USB charging stations
ZDNet - 2019-11-14
Travelers are advised to avoid using public USB power charging stations in airports, hotels, and other locations because they may contain dangerous malware, the Los Angeles District Attorney said in a security alert published last week. USB connections were designed to work as both data and power transfer mediums, with no strict barrier between ...

How 5G Could Help First Responders Save More Lives
Inc - 2019-11-14
Editor's Note: There's been a lot of hype about 5G technology. We spoke to some of the most successful entrepreneurs to see how they're adopting 5G today and preparing for a transition in the future. In the not-too-distant future, first responders will be able to recreate a traffic accident seconds after it occurs. Instead of arriving at the ...

Silicon Valley Institute Of Technology Launched A Global Scholarship For Women To Bring Exceptional Talent To Silicon Valley
Forbes - 2019-11-14
Silicon Valley may be oversaturated, but it still holds a glimmering appeal for those on the outside who want a piece of the tech mecca. Coined as a "startup heaven" for boasting superior networking and financing opportunities, many people are actually leaving the area due to high costs of living and operating. Even though people are ...

AMLC stays on guard vs illegal use of cryptocurrencies
philstar.com - 2019-11-14
MANILA, Philippines -- The Anti-Money Laundering Council (AMLC) is stepping up its campaign against money launderers, as well as terrorist supporters and facilitators who are now exploiting the cyberspace through the use of cryptocurrency in their illicit activities. AMLC Secretariat executive director Mel Georgie Racela said in his welcome ...

DOF sees no need to amend rice tariff law
philstar.com - 2019-11-14
MANILA, Philippines -- The government will not repeal nor suspend the implementation of the Rice Tariffication Law, as measures are already being implemented to address the challenges posed by the law to rice farmers, according to the Department of Finance (DOF). While emphasizing the benefits of Republic Act 11203 or the Rice Liberalization ...

ADB approves $300 million policy loan for LGUs
philstar.com - 2019-11-14
MANILA, Philippines -- Manila-based Asian Development Bank (ADB) has approved a $300 million policy-based loan for the Philippines to support efforts at improving the services provided by local government units (LGUs). The loan is provided under the Local Governance Reform Program (LGRP) subprogram 1 which was designed to capacitate LGUs to ...

Fruitas prices IPO at P1.68 per share
philstar.com - 2019-11-14
MANILA, Philippines -- Fruitas Holdings Inc. (FHI), a food and beverage kiosk operator in the Philippines, has priced its initial public offering (IPO) at P1.68 per share. BDO Capital & Investment Corp. president Eduardo V. Francisco said the company agreed to price the issue at P1.68 per share to ensure a healthy performance of the stock upon ...

FWD Philippine launches digital platform
philstar.com - 2019-11-14
MANILA, Philippines -- Fast-growing insurer FWD Philippines ... The policy also comes with a reward--six months of access to KonsultaMD, a health hotline service that provides 24/7 unlimited telemedicine access to licensed Filipino doctors providing medical advice, anytime, anywhere. KanLive is a life insurance policy that provides a death ...

Ayala makes landmark investment in Myanmar
philstar.com - 2019-11-14
MANILA, Philippines -- Ayala Corp. has forged a new deal with the Yoma Group, led by the Pun family, in a milestone transaction touted as the biggest ever investment by a Philippine conglomerate in Myanmar. The Yoma Group sold 20 percent interest in each of Yoma Strategic Holdings Ltd. (YSH) and Myanmar-listed First Myanmar Investment Public ...

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