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BSP launches newest set of banknotes signed by Governor Diokno
BusinessMirror - 2019-07-03
Banknotes duly signed by the new Bangko Sentral ng Pilipinas governor will start circulating soon, following their launch on Wednesday at the BSP Complex in Manila. Announced at the celebration of ...

Manila Water bags 2 more deals outside metro
Philippine Daily Inquirer - 2019-07-03
As the supply situation in Metro Manila barely improved, Manila Water Co. Inc. yesterday announced it had signed joint venture agreements (JVA) with two more water districts outside the metropolis.

Accountability in family business
Philippine Daily Inquirer - 2019-07-03
Bunso is not pulling his weight," says Kuya, the second-generation president of the manufacturing business started by their parents. "As vice president of sales, he is supposed to train his ...

Panda, euro bond sale pushed PH debt to new high as of May
Philippine Daily Inquirer - 2019-07-03
As the government raised funds from sources overseas through the sale of panda and euro bonds in May, its outstanding debt climbed to a new high of P7.916 trillion at the end of the first five months.

German firms remain bullish with PHL market amid local, global concerns--GPCCI survey
BusinessMirror - 2019-07-03
According to the survey, more than 70 percent of the participating firms evaluated their current business situation in the country as "better" than the year before. It showed a remarkable ...

Climate of guilt: Flying no longer the high road for some
BusinessMirror - 2019-07-03
Even the number of business travelers is up, by 12 percent in the first three months of this year. Pushback against flight-shaming is coming from some unlikely sources. Anders Levermann ...

Pax Labs CEO Bharat Vassan and serial founder Keith McCarty are coming to Disrupt SF
TechCrunch - 2019-07-03
The legalization of cannabis and hemp for medicinal and recreational use in states across the U.S. and in Canada has opened up a huge vein of green, green cash for startups. Bharat Vassan took ...

The 3 Most Important Business Lessons From Jony Ive Leaving Apple
Inc. - 2019-07-03
It's become a cliche: success creates the seeds of its own demise. Once a company goes public and gets big enough to dominate its markets, the only way for it to keep growing rapidly is if its CEO keeps creating and capturing large new growth opportunities.

Not just fair-weather friends
BusinessMirror - 2019-07-03
He gave us opportunities to open business within China. He gave us his personal friendship by taking us on a tour of the major cities of China. He gave peace. Andrei Gromyko, foreign minister for ...

Globe expands network of tower provider partners
philstar.com - 2019-07-03
MANILA, Philippines -- Globe Telecom Inc. is expanding its network of tower provider partners as it entered into an agreement with Aboitiz InfraCapital and Frontier Tower Associates Philippines (FTAP) to improve connectivity in Cebu, Davao and Olongapo.

DTI Pangasinan urges MSMEs to practice green economics
philstar.com - 2019-07-03
DAGUPAN CITY, Philippines -- A Department of Trade and Industry (DTI) official in Pangasinan has urged micro, small and medium enterprises (MSMEs) in the province to promote and practice green economy in their daily activities. Natalia Dalaten, officer-in ...

Agree on class suspension protocol, HEIs, LGUs urged
philstar.com - 2019-07-03
MANILA, Philippines -- The Commission on Higher Education (CHED) has urged local government units (LGUs) and higher education institutions (HEIs) to develop class suspension protocols in cases of inclement weather. CHED chairman J. Prospero de Vera III ...

Divisiveness in the wage fixing system, and missing attention on industrial development
BusinessMirror - 2019-07-03
So when investors want to set up a new business, they usually look at the minimum wage as the general guide on how much to pay their workers. On the other hand, the trade unions usually use the ...

Six killed in Bangladesh textile factory blaze
Philippine Daily Inquirer - 2019-07-03
DHAKA, Bangladesh -- Fire tore through a textile factory in central Bangladesh killing at least six people, officials said Wednesday. The fire brigade took 12 hours to control the blaze at the ...

Few U.S. universities ban cigarettes
Upi.com - 2019-07-03
Although many restaurants, offices and even apartment buildings are smoke-free, American universities appear to be an exception. By 2017, only 1 in 6 had gone completely smoke-free or tobacco-free, a new study reveals. "Continued success in increasing the ...

Food poisoning downs 242 Imelda supporters
philstar.com - 2019-07-03
MANILA, Philippines -- At least 242 supporters of former first lady Imelda Marcos were hospitalized yesterday for alleged food poisoning after attending her 90th birthday celebration in Pasig City. Brig. Gen. Nolasco Bathan, director of the Eastern Police ...

Isko supports war on drugs
philstar.com - 2019-07-03
MANILA, Philippines -- Manila Mayor Isko Moreno said yesterday the rights to life and due process of both criminals and policemen would be respected in the campaign against drugs. Moreno said police officers have the right to protect themselves from armed ...

Lacson bill exempts public servants from Bank Secrecy Law
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines -- Sen. Panfilo Lacson has filed a bill seeking to strip government officials and employees of the bank secrecy protection. Lacson has filed Senate Bill No. 26 which seeks to ...

New LPA spotted off GenSan
philstar.com - 2019-07-03
MANILA, Philippines -- A new low-pressure area was spotted off General Santos City yesterday and is expected to bring rains over Mindanao and parts of the Visayas until today, according to the state weather bureau. Aldczar Aurelio, Philippine Atmospheric ...

BI nabs Chinese, Korean fugitives
philstar.com - 2019-07-03
MANILA, Philippines -- The Bureau of Immigration (BI) recently arrested a Chinese and a South Korean wanted in their home countries for fraud. Operatives of the BI fugitive search unit (FSU) nabbed Chinese Jiang Rongqun, 32, and Kim Dae Yeop in separate ...

Opportunities in digitalization for jeepney drivers
philstar.com - 2019-07-03
Transportation is vital in all countries. In the Philippines, our transportation system is a very close issue to millions of Filipinos. It affects everyone from all walks of life, most especially the lower class. Currently, our government is working on a ...

Metrobank raises P11.25 B from bond sale
philstar.com - 2019-07-03
MANILA, Philippines -- Ty family-led Metropolitan Bank & Trust Co. raised another P11.25 billion as it tapped the onshore debt market anew via the issuance of two-year peso-denominated bonds. Metrobank said it was forced to upside the volume of the bond ...

More security features to be added to Philippines banknotes
philstar.com - 2019-07-03
MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) remains consistent in its effort to upgrade the security features of banknotes to further deter counterfeiting activities ,according to BSP Governor Benjamin Diokno. Diokno said during the ...

Megawide sees flat growth in earnings
philstar.com - 2019-07-03
MANILA, Philippines -- Listed engineering and infrastructure developer Megawide is looking at a flat consolidated net income of P1.89 billion this year. In a press briefing Tuesday, Megawide officials said while the company expects a rebound in the ...

Instagram Is Down--Again--and Users Are Getting Frustrated
Fortune - 2019-07-03
In what's becoming a semi-regular event, Instagram was inaccessible to many users Wednesday morning. Starting at approximately 8:45 a.m. ET, the site was not showing users' pictures, though some ...

Elites' preference for maize led to the collapse of the Maya civilization
Upi.com - 2019-07-03
July 3 (UPI) --The preference for a maize-centric diet by Mayan elites may have left the ancient civilization more vulnerable to climate change, according to new research. To better understand the relationship between diet and the collapse of the Maya ...

Widus International expands deal with AboitizPower
BusinessWorld - 2019-07-03
AboitizPower quoted Neki A. Liwanag, WILI assistant vice-president for corporate planning and compliance, as saying: "As a thriving metropolis, Clark is teeming with exciting activities and places of interest. Since it opened in 2008, Widus has become a ...

Packetworx to complete rollout of IoT wireless connectivity this year
BusinessWorld - 2019-07-03
"Packetworx is in the business of rolling out a nationwide network of wireless connectivity for IoT," Packetworx founder and chief executive officer Arnold Bagabaldo said in a June 19 interview at the IoT Technology Hub in Pasig City, Manila.

Regulator issues cease-and-desist order against mining firm
BusinessWorld - 2019-07-03
In a statement issued yesterday, the corporate regulator said its Enforcement and Investor Protection Department found substantial evidence proving the group has been offering and selling public securities through investment contracts without a secondary ...

Nestlé starts delivery service for its milk, which includes recycling of used cartons
BusinessWorld - 2019-07-03
In the Philippines, there are current recycling facilities that can take in UBCs, making this type of packaging recyclable," said Veronica Cruz, Business Unit Manager of the Nestlé Ready-To-Drink portfolio. According to Ms. Cruz, the collected cartons ...

New Weapons Against Cancer: Millions of Bacteria Programmed to Kill
The New York Times - 2019-07-03
Scientists have used genetically reprogrammed bacteria to destroy tumors in mice. The innovative method one day may lead to cancer therapies that treat the disease more precisely, without the side effects of conventional drugs. The researchers already are ...

COA: PCOO has P10M in unliquidated federalism drive funds
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines -- The Presidential Communications Operations Office (PCOO) has yet to liquidate some P10 million meant for an information campaign on federalism, according to the Commission ...

Group: Philippines loses focus on sustainable development goals
Sun Star - 2019-07-03
THE Philippines committed in 2015 to achieve the 17 sustainable ... These 17 goals are: no poverty, no hunger, good health, quality education, gender equality, clean water and sanitation, clean energy, good jobs and economic growth, innovation and ...

PH winning drug war? But innocents keep dying - De Lima
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines -- The Philippine National Police (PNP) "set aside the fact that innocents continue to die because of this murderous drug war" when it said the Philippines was winning the ...

P47M fund for wounded soldiers in Marawi siege still untouched -- COA
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines - The Philippine Army has yet to utilize the P47.64 million fund intended for soldiers who were wounded-in-action (WIA) during the Marawi siege in 2017, the Commission on ...

Amazon, Microsoft, and Google plot to pull product manufacturing out of China, deepening the cold war engulfing tech
Business Insider - 2019-07-03
The two companies shipped a combined 70 million notebook devices last year, according to Nikkei, most of which were made in China. Dell is already trialing notebook production in Taiwan, Vietnam, and the Philippines, Nikkei said, citing two people familiar ...

Experts warn sharing West PH Sea with China will deplete resources
CNN Philippines - 2019-07-03
Metro Manila (CNN Philippines, July 3) -- Resources in the West Philippine Sea will be depleted fast if the government does not prevent China from exploiting the country's exclusive economic zone ...

Century Pacific Food targets double-digit income growth
philstar.com - 2019-07-03
MANILA, Philippines -- Century Pacific Food Inc. (CNPF) is targeting a 10 percent growth in its net income for 2019 amid the steady demand for its products. "We are targeting double-digit growth in profit and revenue," CNPF executive chairman ...

Pacquiao wants death penalty for drug traffickers, manufacturers
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines -- Senator Manny Pacquiao is seeking the reimposition of the death penalty for illegal drug traffickers and manufacturers. Pacquiao has filed Senate Bill 189 that seeks to ...

BSP chief vows to sustain economic boom with cash
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines -- Philippine economic growth is expected to exceed 6% in the second quarter of this year and over the near to medium term horizon -- a phenomenon that can only be sustained ...

PDP-Laban open to term sharing, if Velasco goes first
CNN Philippines - 2019-07-03
Metro Manila (CNN Philippines, July 3) -- In the jostling for House Speakership, ruling party PDP-Laban has acquiesed to a term-sharing scheme. The party, however, set a condition: its candidate ...

PDP-Laban open to term sharing, if Velasco goes first
CNN Philippines - 2019-07-03
Metro Manila (CNN Philippines, July 3) -- In the jostling for House Speakership, ruling party PDP-Laban has acquiesed to a term-sharing scheme. The party, however, set a condition: its candidate ...

Senator seeks probe on all alleged PhilHealth scams
CNN Philippines - 2019-07-03
Metro Manila (CNN Philippines, July 3) -- After millions were lost to fraudulent claims made to receive benefits from the Philippine Health Insurance Corporation (PhilHealth), a senator sought to ...

Korean Airlines increases network to China and Philippines
E TN Global Travel Industry News - 2019-07-03
Clark, Philippines, is popular with family travellers and offers ... Korean Air will add the Incheon~Delhi operations to seven flights a week from September 1 for both business traveltraveleers and tourists. The current 14 flights a week between Incheon ...

PNP Chief orders probe into death of 3-year-old girl killed in drug operations
CNN Philippines - 2019-07-03
Metro Manila (CNN Philippines, July 3) -- Philippine National Police Chief Oscar Albayalde has ordered the investigation of the buy-bust operation that killed a 3-year-old girl. The child ...

LBC launches Php 80 Pasabog Promo for cash on pick up transactions
Philippine Daily Inquirer - 2019-07-03
LBC has terrific news for online sellers. LBC is launching the Cash on Pick-up (COP) P80 Pasabog Promo. Starting on June 1, 2019 until August 31, 2019, LBC will charge a fixed rate of only 80 ...

Destruction of coral reefs in WPS could cost PH $350K per hectare yearly
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines - If the destruction of the coral reefs in the West Philippine Sea (WPS) will continue, it may cost the Philippines around $350,000 per hectare yearly, an official from the ...

Senate to create new committee on sustainable development - Zubiri
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines -- The Senate will create a new committee that will handle oversight on sustainable development programs of the government, Senate Majority Leader Juan Miguel Zubiri said ...

Partial lunar eclipse visible on July 17
Philippine Daily Inquirer - 2019-07-03
MANILA, Philippines -- A partial lunar eclipse that will be visible in the country will occur on July 17, the Philippine Atmospheric Geophysical and Astronomical Services Administration (Pagasa ...

Philippine Coast Guard unaware of Duterte-Xi verbal fishing deal
Philippine Daily Inquirer - 2019-07-03
DAVAO CITY, Philippines -- Philippine Coast Guard commandant Admiral Elson Hermogino said he is not aware of the supposed verbal agreement between President Rodrigo Duterte and Chinese President ...

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