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Federalism a risk to economy, BSP chief warns
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 25) -- Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has flagged fresh buzz about federalism and charter change in the newly-opened Congress ...

Facebook will pay an unprecedented $5 billion penalty over privacy breaches
CNN Philippines - 2019-07-24
(CNN) -- The Federal Trade Commission announced a $5 billion settlement with Facebook on Wednesday, resolving a sweeping investigation by regulators into how the company lost control over massive ...

CIDG consulted OSG on sedition case vs Robredo, 35 others - Albayalde
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- The legal department of the Criminal Investigation and Detection Group (CIDG) only had consultation with the Office of the Solicitor General (OSG) over the sedition case ...

Jollibee stocks fall after Coffee Bean buyout plan
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 25) -- Jollibee Foods Corp. (JFC) has revealed it plans to acquire American coffee chain The Coffee Bean & Tea Leaf (CBTL), but investors do not seem to find ...

PNP-CIDG given 24 hours to complete info on sedition raps vs Robredo, 35 others
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines - The Philippine National Police-Criminal Investigation and Detection Group (PNP-CIDG) has 24 hours to supply missing information, particularly the addresses of all named in ...

SE Asia Stocks-Most gain on revival of trade hopes; Philippines dips on profit-taking
Nasdaq - 2019-07-24
Meanwhile, Philippine stocks shed 0.4% ... especially the operations of Smashburger - the business they invested on and acquired is expected to be a drag," Ong added.

Pacquiao: Majority of senators back death penalty but only for drugs
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines-- More than 13 or the majority of 24 senators would vote if the proposed reimposition of the death penalty would be limited to drugs only, Senator Manny Pacquiao said on ...

Skyway extension to QC, Manila 70% complete - Villar
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Motorists wrangling with the daily traffic in Metro Manila may soon find relief, with an elevated expressway that will link Buendia to Balintawak ...

Producing the best teachers
BusinessWorld - 2019-07-24
Business groups came together early this month to discuss what they perceived to be the immediate needs of the economy to sustain long-term growth. And among these, they said through the Philippine Chamber of Commerce and Industry, was the need to refine ...

South Korea braces for protracted heat waves
Philippine Daily Inquirer - 2019-07-24
SEOUL -- South Korea is bracing for sweltering heat waves in the coming weeks, with its southern provinces and many other regions suffering from an extended tropical night phenomenon, weather ...

Chinese property firms seek to expand in Indonesia
Philippine Daily Inquirer - 2019-07-24
JAKARTA -- Several Chinese developers, including China Fortune Land Developer (CFLD), are looking to expand their property businesses in Indonesia. Senior executives of the Chinese companies met ...

SM Hotels and Conventions Corp. (SMHCC) to open Lanson Place Hotel and Serviced Suites in Mall of Asia
Philippine Daily Inquirer - 2019-07-24
SM Hotels and Conventions Corp (SMHCC) and Lanson Place Hospitality Management Limited (LPHM) signed a management agreement heralding the introduction of the Lanson Place brand in the Philippines.

DFA to accept postal ID for passport applications starting August 1
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines - The Department of Foreign Affairs (DFA) announced that starting August 1, 2019, it would be recognizing the postal ID issued by the Philippine Postal Corporation (PhlPost ...

PAL eyes possible expansion of new routes in US network
Philippine Daily Inquirer - 2019-07-24
MANILA -- Philippine Airlines (PAL) continues to review and consider possible expansion of new routes in its US network and also continues its services to London, contrary to a local media report.

List: Brands operated by Jollibee Foods Corp.
philstar.com - 2019-07-24
MANILA, Philippines -- Homegrown fast-food operator Jollibee Foods Corp. announced Wednesday it will spend $100 million to acquire Los Angeles-based specialty coffee and tea brand The Coffee Bean & Tea Leaf. In a disclosure to the stock exchange, JFC ...

Philippines' Jollibee buys Coffee Bean for $100 million in overseas push
YAHOO! News - 2019-07-24
MANILA (Reuters) - Philippines' Jollibee Foods Corp (JFC ... will be Jollibee's largest and most multinational so far with business presence in 27 countries," Jollibee Chairman Tony Tan Caktiong ...

Bill renewing ABS-CBN franchise refiled in House
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- A bill granting TV network ABS-CBN a fresh 25-year franchise has been refiled in the House of Representatives, seven months before its existing ...

Indonesian couple carried out Jolo cathedral suicide bombing - authorities
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Authorities on Wednesday confirmed that an Indonesian couple was the culprit in the Jolo Cathedral twin bombing that killed 23 people in January.

Duterte seen to OK higher cigarette taxes this week
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- President Rodrigo Duterte is expected to sign this week a legislative measure increasing cigarette taxes. "I was told it will be signed this week ...

Ombudsman orders probe into alleged corruption in Customs
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- The Office of the Ombudsman has ordered an "in-depth" investigation into the purported corruption in the Bureau of Customs. In a statement, the ...

Gear Up for the Biggest Transportation and Logistics Convention This July 24 - 26
Philippine Daily Inquirer - 2019-07-24
Head on to SMX Convention Center this July 24 - 26 for the biggest gathering of the movers and shakers in transportation industry. The Four co - located shows, PhilAuto - An international ...

US sales coach Jack Daly to meet local startups in Manila
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- More and more Filipinos are starting their own businesses, but how can they level up their reach and be a cut above the rest? Entrepreneurs ...

Abu Sayyaf bomber caught in Zamboanga Sibugay
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- A rebel bomber from the Abu Sayyaf Group (ASG) was caught in Zamboanga Sibugay Wednesday morning, the military said. Isnaji Hasim allegedly worked under ...

Metro Manila, nearby provinces to have thunderstorms on Wednesday afternoon - Pagasa
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines - Moderate to heavy rain is expected in Metro Manila and in the nearby provinces of Laguna, Batangas and Quezon on Wednesday afternoon, the state weather agency said.

Duterte EO extends duty-free importation of capital equipment
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- President Rodrigo Duterte has issued an Executive Order (EO) extending to three years the duty-free importation of capital equipment, spare parts and accessories by Board ...

PNP to verify reports on foreign terrorists working with ASG in Mindanao
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- The Philippine National Police (PNP) said it has yet to verify reports of seven foreign terrorists suspected to be in southern Philippines working with local terrorist ...

Duterte to sign measure to further hike tobacco excise tax this week
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- President Rodrigo Duterte will sign this week a proposed law that will increase further the excise taxes on tobacco products, a measure that the Chief Executive has ...

'End endo' bill needs tweaking - NEDA
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- The National Economic and Development Authority (NEDA) has recommended some adjustments to the bill prohibiting labor contracting, which lapses into law ...

Philippines' Jollibee buys Coffee Bean for $100 mln in overseas push
Nasdaq - 2019-07-24
MANILA, July 24 (Reuters) - Philippines' Jollibee Foods Corp (JFC ... of Coffee Bean & Tea Leaf will be Jollibee's largest and most multinational so far with business presence in 27 countries," Jollibee Chairman Tony Tan Caktiong said in a statement ...

Catholic church vs. reimposition of death penalty: Solons should work for the people, not Duterte
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- The Catholic church warned solons against passing the law to restore death penalty just to grant every whim of President Rodrigo Duterte. The Catholic ...

Asian stocks rise on report of revived US-China trade talks
Philippine Daily Inquirer - 2019-07-24
BEIJING - Asian stock markets rose Wednesday following a report U.S. and Chinese trade envoys will meet for talks next week. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all advanced.

Chinese media hails Duterte's South China Sea policy
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Drawing criticisms from his home country, President Rodrigo Duterte has earned the praises of the Chinese media for his policy of restraint on the South ...

House minority leader affirms stance vs anti-discrimination bill
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- A Manila lawmaker returning to the House of Representatives after a nine-year hiatus is standing pat on his opposition to a bill which seeks to shield ...

Jollibee to acquire entire Coffee Bean & Tea Leaf chain
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Philippine fast food giant Jollibee Foods Corp. (JFC) will be acquiring The Coffee Bean & Tea Leaf (CBTL) through a $100-million investment. The listed ...

How China is slowly expanding its power in Africa, one TV set at a time
CNN Philippines - 2019-07-24
(CNN) -- In the outskirts of Nairobi, Kenya, Michael Nganga is watching a Chinese Kung Fu movie. His small home in Limuru village doesn't have running water and its walls are made from corrugated ...

How China is slowly expanding its power in Africa, one TV set at a time
CNN Philippines - 2019-07-24
Angela Lewis, a PhD candidate in the international communications department of Nottingham University in Ningbo ... from the Ministry of Commerce to operate in foreign countries' radio and TV industries. Furthermore, China's state-owned EXIM bank has ...

Philippines' Jollibee Buying U.S. Firm Coffee Bean for $100 Million
New York Times - 2019-07-24
MANILA -- Philippines' Jollibee Foods Corp said on Wednesday it is buying U.S. brand Coffee Bean & Tea Leaf for $100 million. Jollibee said in a stock exchange disclosure it would acquire 100 percent of the Los Angeles-based specialty coffee and tea brand ...

SE Asia Stocks-Most gain on revival of trade hopes; Philippines dips on profit-taking
Reuters - 2019-07-24
Vietnam index extend gains to its highest in over three months * Financials, Jollibee Foods drag Philippine stocks lower By Anushka Trivedi July 24 (Reuters ... the operations of Smashburger - the business they invested on and acquired is expected ...

Death by firing squad, hanging unconstitutional - Sotto
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines - Senate President Vicente "Tito" Sotto III rejected on Wednesday the proposal to impose death penalty either by firing squad or hanging for being unconstitutional.

House minority leader backs longer terms for lawmakers, local execs
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Newly-minted House Minority Leader Bienvenido "Benny" Abante is in favor of extending the terms of office of lawmakers and local government ...

Pacquiao hits back after Mayweather post, poses rematch challenge
philstar.com - 2019-07-24
MANILA, Philippines -- Manny Pacquiao was quick to retaliate following Floyd Mayweather's lengthy Instagram post on Wednesday. Tweeting on his official account, Pacquiao called out the American boxer. .@FloydMayweather You come to my fight and then use my ...

Facebook to fix kids app flaw allowing chats with strangers
philstar.com - 2019-07-24
SAN FRANCISCO, United States -- Facebook acknowledged Tuesday that a flaw in its Messenger Kids service allowed children get into group chats with people who were not approved by their parents. The leading social network said it has been shutting down the ...

China not in possession of sea but in position, says Esperon
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- National Security Adviser Hermogenes Esperon Jr. on Tuesday denied that China is "in possession" of the West Philippine Sea, as President Rodrigo Duterte claimed in his ...

Police: Indonesian couple carried out Jolo cathedral bombing
Philippine Daily Inquirer - 2019-07-24
JAKARTA, Indonesia -- Police said Tuesday they believe an Indonesian husband and wife carried out the suicide bombing of a cathedral in Jolo, Sulu in Mindanao in January that killed more than 20 ...

Mayweather: Pacquiao's 'legacy and career has been built off its association with my name'
philstar.com - 2019-07-24
"Y'all are just upset that I broke Rocky Marciano's record and hate that a Black, high school dropout outsmarted you all by beating all odds and retiring undefeated," Mayweather said. "Ultimately, I will have the last laugh," he added. Mayweather had been ...

Report: Huawei built North Korea's cell phone networks
CNN Philippines - 2019-07-23
(CNN) -- Huawei secretly helped build North Korea's cell phone network, potentially in violation of sanctions aimed at pressuring the regime to stop developing nuclear weapons, according to a ...

Amro cuts 2019, 2020 growth forecasts for PH
Philippine Daily Inquirer - 2019-07-23
The regional macroeconomic surveillance organization Asean+3 Macroeconomic and Research Office (Amro) has slashed its 2019 and 2020 growth projections for the Philippines to 6.3 percent and 6.5 ...

Manufacturers decry additional P4.1-B monthly cost of SOT bill
Philippine Daily Inquirer - 2019-07-23
The manufacturing industry might shoulder an additional P4.1 billion in monthly labor costs if the security of tenure (SOT) bill gets passed, data sent to Malacañang showed. Malacañang had asked ...

Fuel marking system seen in place by Q4
Philippine Daily Inquirer - 2019-07-23
After almost two years of delay, the implementation of the fuel marking program will be in full swing by the fourth quarter as the service provider is now preparing the necessary testing facilities.

SEC to streamline accreditation of external auditors
Philippine Daily Inquirer - 2019-07-23
The Securities and Exchange Commission (SEC) is poised to roll out by next month a one-stop shop for the accreditation of external auditors for the financial sector, covering entities regulated ...

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