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Microsoft Stock Has Rallied 37% This Year. Now It Could Reach New Highs.
Forbes - 2019-09-19
Topline: Following up on impressive earnings last quarter, software giant Microsoft recently announced a share buyback plan that helped send its stock soaring to new highs. Further reading: Wall Street thinks the stock could go even higher, with over 90% ...

Chengdu: Up the pinnacle of MICE success
BusinessMirror - 2019-09-19
Economy (a booming and modern business environment). According to one report, Chengdu is already in the top 10 cities for meetings and events in the Asia-Pacific region. From what I saw and ...

FDA Launches Criminal Probe as Vaping-Related Illnesses Top 500
Medscape - 2019-09-19
In an update on the vaping crisis, federal health officials said today that, as of September 17, the number of confirmed and probable cases of lung injury associated with e-cigarettes and vaping products has climbed to 530 in 38 states and one territory ...

Wing Drones To Make FedEx, Walgreens Deliveries In Test
International Business Times - 2019-09-19
The drone unit spun out of a "moonshot" lab at Google parent Alphabet will start making "last-mile" deliveries for FedEx and Walgreens next month under a pilot project announced Thursday. The drone delivery service to launch in October in Christiansburg ...

Tech investors: No broad lessons seen in WeWork valuation drama
Reuters - 2019-09-19
NEW YORK (Reuters) - Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork. Scott Kupor, managing partner of $10 billion venture ...

Thinking beyond a mass transit system to solve traffic
BusinessMirror - 2019-09-19
One truly vital issue is that of land-use. The massive volume of traffic on the roads and trains to the business districts of Makati, BGC and Ortigas highlight the fact that millions who work ...

CEZA suspends operations of cryptocurrency firms
philstar.com - 2019-09-19
MANILA, Philippines -- The Cagayan Economic Zone Authority (CEZA) has ordered the suspension of operations of financial technology and offshore virtual currency exchange (OVCE) licensees amid an ongoing investigation on Golden Millenial QuickPay Inc. Ltd ...

Consumers optimistic, but businesses less upbeat in Q3 -- BSP
philstar.com - 2019-09-19
MANILA, Philippines -- Filipino consumers turned optimistic as the overall confidence index rebounded to positive territory in the third quarter, but more businesses turned less optimistic due to lower demand and a slowdown in business activities.

Japanese lens maker invests additional $15.8 million for Batangas plant
philstar.com - 2019-09-19
TANAUAN, Batangas, Philippines -- Japanese lens maker Hoya Lens Philippines Inc. is investing $15.77 million to increase the capacity of its Batangas factory for prescription lenses and improve production operations for stock lenses. Ellen Vergara ...

Malaya thermal plant bidding fails - PSALM
philstar.com - 2019-09-19
MANILA, Philippines -- State-run Power Sector Assets and Liabilities Management Corp. (PSALM) declared a failed bidding for the sale of the 650-megawatt (MW) Malaya Thermal Power Plant (TPP) after only one bidder submitted an offer. "Unfortunately ...

Haze from Indonesia forest fires blankets Visayas, Mindanao
philstar.com - 2019-09-19
DAVAO CITY, Philippines -- Thick smoke due to forest fires in Indonesia has blanketed parts of the Visayas and Mindanao. The Environment and Management Bureau (EMB) said it is conducting tests to determine if the quality of air has reached dangerous levels.

Cops arrest ex-Camiguin mayor convicted of graft
philstar.com - 2019-09-19
MANILA, Philippines -- The Criminal Investigation and Detection Group (CIDG) arrested on Wednesday a former mayor of Mahinog town in Camiguin, who was convicted of graft by the Sandiganbayan last year. Alex Jajalla, 62, was collared by personnel of the ...

SMC proposes elevated EDSA expressway
philstar.com - 2019-09-19
MANILA, Philippines -- The government and San Miguel Corp. (SMC) are discussing the possibility of having an elevated expressway along EDSA. "For decongesting Metro Manila, we have a proposal like elevated EDSA. Me and Transportation Secretary Arthur ...

Philippine bond market among fastest growing in East Asia
philstar.com - 2019-09-19
MANILA, Philippines -- The Philippine local currency (LCY) bond market was among the fastest-growing in Emerging East Asia in the second quarter of the year, according to the latest Asia Bond Monitor of the Asian Development Bank (ADB). The Manila-based ...

Contrary to earlier claim, Salceda says not all lawmakers will get P100-M
Philippine Daily Inquirer - 2019-09-19
MANILA, Philippines -- Contrary to his earlier statement, House ways and means panel chair and Albay 2nd District Rep. Joey Salceda is now saying that not all congressmen would get P100 million ...

Phinma to invest $50 million into unit of Vietnamese cement firm
BusinessWorld - 2019-09-19
This is in addition to additional regulatory, government, or corporate approvals. The company will pay 10% of the investment in advance, while the remaining 90% will be paid upon closing. The Philippine Stock Exchange, Inc. suspended trading of Phinma ...

87 rounded up in Chinese-run sex den
philstar.com - 2019-09-19
MANILA, Philippines -- At least 87 persons were rounded up during a raid on a spa allegedly used as a prostitution den in Parañaque City on Wednesday night. The operation was jointly conducted by the National Capital Region Police Office (NCRPO ...

Hot money outflow breaches $1-billion mark
philstar.com - 2019-09-19
MANILA, Philippines -- Net outflow of speculative funds or hot money breached the $1 billion level in the first eight months after surging in August amid the US-China trade war, devaluation of the Chinese renminbi as well as heightened protests in Hong ...

Health security
philstar.com - 2019-09-19
Globally, health security is defined as "the activities required to minimize the danger and impact of acute public health events that endanger the collective health of populations living across geographical regions and international boundaries."

Rapper caught in Makati drug sting
philstar.com - 2019-09-19
MANILA, Philippines -- A rapper, his sister-manager and three others were arrested in a drug bust in Makati City on Wednesday night. Loonie, real name Marlon Peroramas, 33; his younger sister and manager, Isyll Liza Peroramas; David Rizon; Ivan Agustin ...

BoP position remains in surplus
BusinessWorld - 2019-09-19
Rizal Commercial Banking Corp. chief economist Michael L. Ricafort attributed the narrower BoP surplus in August from a year ago to volatility in local financial markets due to geopolitical concerns like the escalation of the US-China trade war and the ...

DTI brings local brands to Dubai
BusinessWorld - 2019-09-19
"UAE [has a] reputation of being a fertile ground for company setup because of its commitment to sustainable development and economic diversification, progressive-minded government, and liberal corporate policies," DTI said in its statement. DTI added ...

Ombudsman says De Lima, Roxas 'neither respondents nor resource persons' in GCTA probe
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) -- The Ombudsman says he is not targeting anyone in the probe on the good conduct policy for prisoners, adding he is now focusing on how they ...

Spread of fake news not just a threat to media, but hurts society and business too: Media leaders
The Straits Times - 2019-09-19
business and media. Ms Maria Ressa, chief executive officer and executive editor of Philippine news portal Rappler and a journalist of over 30 years, said: "At no other point in time have we faced a crisis like this. This is an existential moment."

Arrests of heinous crimes convicts to begin midnight
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) -- Authorities will begin to run after heinous crime convicts who have not surrendered within the 15-day grace period by midnight, the Justice ...

Local government fee rules prescribe 10% markup on cost of services
BusinessWorld - 2019-09-19
The circular was authorized by Republic Act 11032, or the Ease of Doing business and Efficient Government Service Delivery Act of 2018. Under RA 7160 or the Local Government Code (LGC) of 1991, LGUs are authorized to "create their own sources of revenue ...

Duterte vows to arm rebel returnees if harassed by communists
Philippine Daily Inquirer - 2019-09-19
MANILA, Philippines--President Rodrigo Duterte on Thursday vowed to protect rebel returnees and arm them if communist rebels would hunt them down. Speaking at the decommissioning of members of a ...

Peso inches up as Fed cuts rates
BusinessWorld - 2019-09-19
"The peso is also stronger after global crude oil prices continued to ease back to familiar ranges...,thereby supporting sentiment on the global financial markets," Rizal Commercial Banking Corp. chief economist Michael L. Ricafort added. The US ...

Ombudsman maintains no court order needed for re-arrest of freed prisoners
Philippine Daily Inquirer - 2019-09-19
MANILA, Philippines - Prisoners freed under the good conduct time allowance (GCTA) can be re-arrested without a court order or an arrest order, Ombudsman Samuel Martires insisted on Thursday.

Use of grading system in school for power deals questioned
Philippine Daily Inquirer - 2019-09-19
A consumer group questioned the use of a system of grading students on the process of choosing power suppliers in Palawan and Marinduque provinces which the group said removed competitive bidding ...

Philippines Declares Polio Outbreak After 19 Years Free of the Disease
New York Times - 2019-09-19
MANILA -- The Philippines on Thursday announced an outbreak of polio, 19 years after the World Health Organization declared the Southeast Asian country free of the infectious disease. Health Secretary Francisco Duque said government scientists have ...

Small satellites soon made in the Philippines
philstar.com - 2019-09-19
MANILA, Philippines -- The Department of Science and Technology, in partnership with the University of the Philippines, recently inaugurated the first research and development laboratory for small satellites in the country. The University ?Laboratory for ?

Locsin says PH 'will lose' if arbitral ruling is raised at UN
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) -- Foreign Affairs Secretary Tedoro "Teddy Boy" Locsin believes the Philippines would lose to China if it brings to the United Nations its arbitral ...

Locsin says PH 'will lose' if arbitral ruling is raised at UN
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) -- Foreign Affairs Secretary Tedoro "Teddy Boy" Locsin believes the Philippines would lose to China if it brings to the United Nations its arbitral ...

Senate releases 3 BuCor execs from detention
Philippine Daily Inquirer - 2019-09-19
MANILA, Philippines (Updated) -- The Senate freed on Thursday the three officials of the Bureau of Corrections (BuCor) detained in the chamber for being evasive in its hearings. As chairman of ...

Philippines Declares New Polio Outbreak After 19 Years
New York Times - 2019-09-19
MANILA, Philippines -- The Philippine health department has declared a polio outbreak in the country nearly two decades after the World Health Organization declared it to be free of the highly contagious and potentially deadly disease. Health Secretary ...

Generika, beyond business and competition
BusinessMirror - 2019-09-19
Generika Drugstore has become not only the champion but also the cornerstone of the retail drugs industry in the country over the last decade, leading the movement in introducing highly affordable ...

PH dollar surplus in August hits $493M, says BSP
Philippine Daily Inquirer - 2019-09-19
The Philippines posted a balance of payment surplus of $493 million in August 2019, largely due to remittances of OFWs and investments by fund managers and businessmen, according to the Bangko ...

Gimme some of that good stuff!: Healthy Meals PH provides Metro diners a healthy and sugar-free buffet alternative.
BusinessMirror - 2019-09-19
AS Christmas tunes hit the airwaves, you know it is the season once again when people would soon dine out more often than usual to meet up with loved ones and their different circles of friends ...

Senate releases three prison officials after a week in detention
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) -- Three officials from the Bureau of Corrections (BuCor) and the New Bilibid Prison (NBP) have been released Thursday after a week of detention in ...

Hoax bomb threat disrupts classes in Mapúa University
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) -- Classes at the Mapúa University's campuses in Intramuros, Manila and Makati City were suspended on Thursday in the wake of a bomb scare, which ...

Nike bares three new Women's Air Force 1 styles
philstar.com - 2019-09-19
A DWR spray also helps repel damp and cold -- a final flourish for a shoe built to provide a versatile look in winter weather. Finally, the AF1 Reflective mixes pebbled weather with 3M to create visibility in low winter light. The AF1 Shadow will be ...

Solon admits requesting P400M projects in 2020 proposed budget
Philippine Daily Inquirer - 2019-09-19
MANILA, Philippines -- Magsasaka Rep. Argel Cabatbat has confirmed availing of the P100-million allocation per congressman under the proposed 2020 national budget, saying his party-list even ...

Schools, airports closed as Indonesia fires spark fears for Singapore F1
philstar.com - 2019-09-19
The Indonesian government has insisted it is doing all it can to fight the blazes. But this year's fires have been worsened by dry weather and experts believe there is little chance of them being extinguished until the onset of the rainy season in October.

Educational institutions an integral part of sustainable estates
Philippine Daily Inquirer - 2019-09-19
Families and young professionals looking to invest in a great home understandably have their considerations. This of course easily includes being part of a community that fosters excellence and ...

Ex-CIDG chief says ranking cops involved in recycling drugs, extorting from Chinese syndicates
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) -- A retired police officer has revealed how rogue cops peddled illegal drugs and extorted from Chinese drug syndicates - a scheme supposedly ...

51 Chinese women rescued in suspected prostitution den in Parañaque
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) - During a police entrapment in Parañaque City, 51 women identified as Chinese nationals were rescued from a suspected prostitution den late Wednesday.

US Navy sails ship close to islands claimed by China
Philippine Daily Inquirer - 2019-09-19
WASHINGTON-The US Navy said that one of its destroyers had sailed close to the Chinese-controlled Paracel Islands in the South China Sea on Friday, asserting international freedom of navigation ...

House agri panel chair wants vets in all municipalities
CNN Philippines - 2019-09-19
Metro Manila (CNN Philippines, September 19) -- The chairman of the House committee on agriculture on Thursday said the Local Government Code needs to be amended to provide all municipalities ...

Amid security concerns over third telco, military says Globe, Smart have towers in bases
philstar.com - 2019-09-19
MANILA, Philippines -- Responding to growing fears on the agreement of the military with a China-linked conglomerate, the Armed Forces of the Philippines said major telco players already have facilities inside military camps in the country. Brig.

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