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PH dollar reserves hit new all-time high in September
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- Dollar reserves that the country can use for contingencies hit an all-time high of $86.16 billion in September, which increased slightly from $86.03 ...

Government imposes OFW deployment ban in South Sudan
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- Filipino workers can no longer seek employment in South Sudan because of escalating violence in the Central African country, the Department of Labor ...

The founder of SoftBank-backed hotel startup Oyo is buying back shares in his company in a $1.5 billion deal
Business Insider - 2019-10-07
It is unusual for founders to buy shares back from their investors.

US 'insecurity' over improved ties with Russia could benefit Philippines - Panelo
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- Presidential Spokesperson Salvador Panelo said the United States might feel a little "insecure" over the Philippines' closer ties with Russia after ...

Uniqlo makes a move on India
Philippine Daily Inquirer - 2019-10-07
Uniqlo has opened its doors in India for the first time. The Japanese fashion brand has set up shop in New Delhi, marking its official entry into the Indian market. It has also announced the ...

Philippine president's muscle disorder is 'nothing serious': official
Reuters - 2019-10-07
MANILA (Reuters) - Allies of Philippine President Rodrigo Duterte played down concern about his health on Monday after the firebrand leader announced he is suffering from a chronic neuromuscular disorder. Duterte on the weekend told members of the Filipino ...

ASEAN outlook falls further as trade war drags on
NIKKEI - 2019-10-07
The Japan Center for Economic Research and Nikkei conducted a quarterly consensus ... biggest ASEAN members -- Indonesia, Malaysia, the Philippines, Singapore and Thailand. The prospects for ...

Making electric cars affordable: Zero excise, check. Incentives, no check for DOF
Philippine Daily Inquirer - 2019-10-07
MANILA, Philippines--With electric vehicles already enjoying zero excise, the Department of Finance (DOF) expressed hesitance to ride along a proposal to provide more incentives to e-vehicle makers.

Asian stocks subdued ahead of this week's trade talks
CNN Philippines - 2019-10-07
(CNN) -- Asian markets were subdued in early trading Monday, as important parts of the region were closed for public holidays. Japan's Nikkei 225 lost 0.3%, while South Korea's Kospi fell 0.1%.

Panelo: Abduction of British national in Zamboanga del Sur an isolated incident
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- Presidential Spokesperson Salvador Panelo called the recent abduction of a British national in Zamboanga del Sur by armed men an isolated incident.

T-bills sold out, but rates fall amid skimpy inflation
Philippine Daily Inquirer - 2019-10-07
At least P20 billion in T-bills offered by the Bureau of Treasury were sold out on Monday, Oct. 7, as rates fell across the board amid easing inflation. The Treasury awarded P8 billion in ...

Oil price cut this week
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- A number of oil companies are reducing fuel prices beginning Tuesday. By 6 am. of October 8, the following companies will cut fuel prices. This is the ...

ISIS-linked group kills 7 MILF members
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- Seven members of the Moro Islamic Liberation Front (MILF) were killed by members of a local ISIS-linked terror group, Presidential Peace Adviser ...

Duterte performance, trust ratings ease in Q3 2019
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- Most Filipinos still approved and trusted the President but at a declining rate in the third quarter, according to a recent survey. Pulse Asia said ...

Albayalde eyes swift dismissal of 13 'ninja cops'
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- The 13 Pampanga policemen involved in a shady drug raid could be removed from service without notice, Philippine National Police chief Oscar Albayalde ...

Feeding program gets more budget
philstar.com - 2019-10-07
In its second-quarter survey conducted in late June 2019, the Social Weather Stations found that an estimated 2.5 million Filipino families experienced either "moderate" or "severe" involuntary hunger at least once in the past three months.

Feeding program gets more budget
philstar.com - 2019-10-07
In its second-quarter survey conducted in late June 2019, the Social Weather Stations found that an estimated 2.5 million Filipino families experienced either "moderate" or "severe" involuntary hunger at least once in the past three months.

P54 M shabu seized from foreigner at NAIA
Philippine Daily Inquirer - 2019-10-07
MANILA, Philippines - The Bureau of Customs (BOC) seized an estimated P54 million worth of illegal drugs from an Indonesian national at the Ninoy Aquino International Airport (NAIA) Monday morning.

Coconut exporter Axelum marks PSE listing
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- Coconut exporter Axelum Resources Corp. made its stock market debut on Monday, as it looked to raise ?4 billion in fresh funding from local investors.

Isko Moreno bans trade of second-hand mobile phones in Manila
philstar.com - 2019-10-07
MANILA, Philippines -- Manila Mayor Isko Moreno has banned the sale of second-hand mobile phones in the nation's capital, the city's public information office said Monday. The announcement comes less than a month since the mayor warned Tutuban shopping ...

Duterte promises teachers' wage hike will be more than 30K
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 6) -- Amid calls to raise the salaries of teachers in the country, the President assured that the hike order is in the works. President Rodrigo Duterte said ...

Bersamin doubts VP poll protest will be resolved before his retirement
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- Chief Justice Lucas Bersamin doubts that the electoral protest of losing candidate Bongbong Marcos against Vice President Leni Robredo will be ...

WHO to hold Philippines summit after polio outbreak
Al Jazeera English - 2019-10-07
The World Health Organization is meeting in the Philippines after the country announced an outbreak of polio. Environmental samples from sewage in Manila have been confirmed as containing the virus. The discovery follows the outbreak of dengue fever and ...

Third party eyed to review PMA policies
Philippine Daily Inquirer - 2019-10-07
MANILA, Philippines -- The Armed Forces of the Philippines is looking into the possibility of inviting a third party to review the policies of the Philippine Military Academy. The much-needed ...

Duterte wants to visit Japan for emperor's enthronement
CNN Philippines - 2019-10-07
Metro Manila (CNN Philippines, October 7) -- President Rodrigo Duterte is eyeing a visit to Japan for the enthronement ceremony of the new Japanese emperor despite his jam-packed schedule.

President makes light of neuromuscular condition
Philippine Daily Inquirer - 2019-10-07
MANILA, Philippines - President Duterte made light of his neuromuscular condition Mysathenia gravis during his meeting with members of the Filipino community in Moscow, Russia Sunday. Duterte ...

Hong Kong's richest man is giving millions to businesses hurting from the protests
CNN Philippines - 2019-10-07
(CNN) -- Hong Kong's richest man Li Ka-shing is giving one billion Hong Kong dollars ($128 million) to businesses hurt by the city's pro-democracy protests. The 91-year-old billionaire said he ...

Monday weather forecast: Cloudy skies, isolated rainfall nationwide
Philippine Daily Inquirer - 2019-10-07
MANILA, Philippines - Metro Manila and the rest of the country will experience cloudy skies with isolated rain showers due to localized thunderstorms, the state weather bureau said Monday.

AirCUVE Releases Powerful Two-factor Authentication Solution for Strengthening Authentication in Business Environments
YAHOO! - 2019-10-07
He also added, "AirCUVE is working on expanding business in the Southeast Asian ... businesses in Southeast Asia including a bank in the Philippines (Development Bank of the Philippines, DBP ...

SEC to impose 25% public ownership rule in 2020
Philippine Daily Inquirer - 2019-10-06
The Securities and Exchange Commission (SEC) wants to impose a minimum 25-percent public ownership requirement starting 2020 plus a five-year grace period in a bid to boost activity in the local ...

Megaworld to open first hotel in its Mactan development
BusinessMirror - 2019-10-06
The 18-story Savoy Hotel Mactan will offer 547 rooms and suites, targeting mostly business travelers and families because of its accessibility to the beach and resorts around Mactan, as well as ...

Ayala Land bonds get high credit rating
Philippine Daily Inquirer - 2019-10-06
Property giant Ayala Land Inc. (ALI) has obtained a top credit for a planned P10-billion bond offering, which will support its expansion. Philippine Rating Services Corp. (PhilRatings) said the ...

StyleFest elevates Filipino talent to new heights
BusinessMirror - 2019-10-06
"We want to teach participants about creative direction and business know-how in order to succeed, using digital platform opportunities and the help of retail industry experts who can assist and ...

Muted stock trading seen this week
Philippine Daily Inquirer - 2019-10-06
While uncertainty hangs over the equities sector, investors might get some reprieve from global recession fears and the United States-China trade war with a pair of companies set to make their ...

SEC eases rules on REIT
Philippine Daily Inquirer - 2019-10-06
The Securities and Exchange Commission (SEC) on Friday formally moved to remove deal-breaking provisions for Real Estate Investment Trusts (REIT) and unlock billions of pesos in new investments.

Cut in volume of milled rice seen due to bad weather
Philippine Daily Inquirer - 2019-10-06
The forecast worldwide output of milled rice for the current crop year was lowered by 3.8 million metric tons to 513.5 million tons due to unfavorable weather in major rice-growing countries ...

Yes, buy, but slowly
Philippine Daily Inquirer - 2019-10-06
Value investing or buying stocks trading at cheap valuations is a guaranteed way of generating above-average returns. Warren Buffet, one of the most successful investors and third wealthiest ...

Duterte leaves implementation of sidewalk clearing operations to LGUs
philstar.com - 2019-10-06
MANILA, Philippines -- President Rodrigo Duterte is leaving it to the local governments to implement the clearing of illegal structures on roads. Duterte noted that most of the road clearing efforts are covered by local ordinances. "Mine would just be a ...

JinkoSolar: The World's Top Solar Panel Manufacturer Has A Bright Future
Seeking Alpha - 2019-10-06
JinkoSolar, the world's largest solar panel manufacturer, crushed second-quarter earnings projections. A sizzling solar sector is now attracting investors. The company's financial metrics are a ...

No partial LRT 2 trips from Cubao to Recto on Oct. 7
Philippine Daily Inquirer - 2019-10-06
MANILA, Philippines -- The Light Rail Transit Authority (LRTA) said on Sunday it would not be able to start partial commercial operation of the LRT 2 from Cubao to Recto on Monday, Oct. 7.

Astronauts Complete First Spacewalk in Series to Upgrade Station Batteries
Space.com - 2019-10-06
Two NASA astronauts worked to replace batteries outside of the International Space Station, completing the first in a series of five planned spacewalks devoted to upgrading the orbiting laboratory's power system. Expedition 61 flight engineers Christina ...

Police post photo of person of interest in Zambo del Sur abduction
Philippine Daily Inquirer - 2019-10-06
PAGADIAN CITY, Zamboanga del Sur, Philippines -- The Zamboanga del Sur Police Provincial Office released on Sunday an image of a person of interest linked to the abduction of a British national ...

Tens of thousands protest as bid to block Hong Kong mask ban fails
BusinessMirror - 2019-10-06
Protesters carrying umbrellas march past a pedestrian bridge displaying vandalized photos of Chinese President Xi Jinping and communist party flags in Hong Kong on Sunday, October 6, 2019. A group ...

For Salazar Whistle-Blowers, a Long Wait for a Satisfying Outcome
New York Times - 2019-10-06
For the men and women in the Nike Oregon Project who became whistle-blowers in the case against Alberto Salazar, it has been a long 10 years. They have been ridiculed, castigated and dismissed, as those who take on people in positions of power often are.

First judiciary regional center breaks ground in New Clark City
philstar.com - 2019-10-06
MANILA, Philippines -- The Supreme Court (SC) broke ground on its first judiciary regional center in New Clark City. In a statement, the Bases Conversion and Development Authority (BCDA) said the judiciary offices in New Clark City were in line with the ...

DOH: No meningococcemia outbreak in PH
CNN Philippines - 2019-10-06
Metro Manila (CNN Philippines, October 6) -- The Department of Health (DOH) said, despite the increase in the number of recorded meningococcemia cases in the country, there is no outbreak.

Vodafone tests new network tech in UK in challenge to 'big three' suppliers
Reuters - 2019-10-06
LONDON (Reuters) - Vodafone is testing innovative open access radio technology in Britain - a first for Europe - in a move that could break the grip Huawei, Ericsson and Nokia hold on the telco equipment market. OpenRAN, which has been developed by ...

We have a new World Champion
philstar.com - 2019-10-06
But the deed has been done. The second was the Elite Men. Throughout the WC Week, the weather in Yorkshire, England, was not good. But the heavens really saved the best for last. It was literally raining cats and dogs and kitchen sinks the whole time.

Philippine Leader Rodrigo Duterte Says He Has Neuromuscular Disease
New York Times - 2019-10-06
MANILA -- President Rodrigo Duterte of the Philippines has revealed that he has a neuromuscular ... The revelation came amid continued public speculation about his health. There have been periods when the famously bombastic president has been out of ...

Megaworld brings Savoy Hotel brand to Mactan Newtown development
philstar.com - 2019-10-06
MANILA, Philippines -- Megaworld Corp., the Andrew Tan-led property developer, is bringing its Savoy hotel brand inside its 30-hectare township in Lapu-Lapu City in Cebu. Savoy Hotel Mactan, which will have 18 floors and 547 guest rooms and suites, will ...

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