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Villar keeps Magic 12 lead; Binay, Ejercito vie for 12th spot
Philippine Daily Inquirer - 2019-05-15
MANILA, Philippines -- Re-electionist Sen. Cynthia Villar remained in the top spot of the senatorial race with 24,764,666 votes, according to the latest partial, unofficial tally of the Parish ...

Malacañang accepts 'reasonable delay' in return of trash to Canada
CNN Philippines - 2019-05-15
Metro Manila (CNN Philippines, May 15) -- The Canadian government on Wednesday failed to take back tons of garbage it shipped to the Philippines in 2013, but Malacañang said it can accept a ...

Registering your business and starting your startup right
BusinessWorld - 2019-05-15
Startup and business founders are often so forward-thinking or even visionary that they often overlook key details. One example is with business registration, especially in the Philippines. After founders get their big idea, they may be in such a rush to ...

Incumbents rule polls in southern Metro Manila - 2019-05-15
MANILA, Philippines -- Incumbent officials dominated the midterm polls in southern Metro Manila. Reelectionist Makati City Mayor Abby Binay was proclaimed winner with 179,522 votes, which is 80,869 higher than the 98,653 votes for her brother former mayor ...

Chavit Singson-led slate sweeps Ilocos Sur town polls - 2019-05-15
NARVACAN, Philippines -- The charisma of former Ilocos Sur Gov. Luis "Chavit" Singson--the province's political kingpin--still works as he was elected mayor of Narvacan in a race against archrival Edgar Zaragoza, a former mayor. Singson, who previously ...

Locsin: Duterte drug war won in 2019 senatorial race
Philippine Daily Inquirer - 2019-05-15
MANILA, Philippines -- President Rodrigo Duterte and his drug war "just won" as administration-backed senatorial candidates are poised to claim victory in the 2019 polls, Foreign Secretary ...

DoubleDragon nets P1.07B
Philippine Daily Inquirer - 2019-05-15
MANILA, Philippines -- Property developer DoubleDragon Properties Corp. chalked up P1.07 billion in first quarter net profit, rising by 43.3 percent from the same period last year, as rental ...

Comelec to wrap up canvassing of votes within the week
Philippine Daily Inquirer - 2019-05-15
MANILA, Philippines -- The canvassing of votes for the midterm polls may be finished within the week, the Commission on Elections (Comelec) said Wednesday. However, the proclamation of the new ...

Vista Land nets P2.9B
Philippine Daily Inquirer - 2019-05-15
We have registered growth in our core residential business as well as sustained increase in our leasing business." "Demand for our housing products has been stable as our sales from overseas ...

Duterte to children: Get out of politics - 2019-05-15
DAVAO CITY, Philippines -- Despite the decisive victory of his children in the elections, President Duterte said it is better for them to get out of politics. "The earlier... the better," Duterte told reporters after voting at the Daniel Aguinaldo ...

OFW personal remittance up at $2.8 billion in March
CNN Philippines - 2019-05-15
Metro Manila (CNN Philippines, May 15) -- Overseas Filipino workers (OFWs) are sending more money home. Latest data from the Bangko Sentral ng Pilipinas (BSP) reported that personal remittances ...

Lopez Holdings nets P2.29B
Philippine Daily Inquirer - 2019-05-15
Power generation holding firm First Philippine Holdings saw an 87 percent year ... amounting to P3.76 billion while media arm ABS-CBN Corp. registered a 120-percent increase in net income to ...

Manual count may record mismatch due to shading threshold -- Comelec
Philippine Daily Inquirer - 2019-05-15
MANILA, Philippines -- The shading threshold may be another reason for possible discrepancies between the manual counting of ballots and the vote counting machines (VCMs) transmittal of results ...

Pope Francis installs Villarojo as new Malolos Bishop
Philippine Daily Inquirer - 2019-05-15
CITY OF MALOLOS -- Bulacan has a new ... He later completed a Theology course in the University of Santo Tomas at Manila, where he acquired a Licentiate in Philosophy. Villarojo pursued a ...

Pag-IBIG Fund net income rises to ?8.96B in Q1
CNN Philippines - 2019-05-15
Metro Manila (CNN Philippines) -- The government home lending agency has reported a higher net income for the first quarter amid higher loan demands and improved collections. In a statement ...

Duterte drug war won in 2019 elections, DFA chief says
CNN Philippines - 2019-05-15
Metro Manila (CNN Philippines, May 15) -- President Rodrigo Duterte and his controversial war on drugs "just won" in the 2019 midterm elections, the country's top diplomat said Wednesday.

Asian stocks follow Wall Street higher
Philippine Daily Inquirer - 2019-05-15
BEIJING - Asian stocks followed Wall Street higher on Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible. Benchmarks in ...

DBM: Higher pay ready for military, uniformed men
Philippine Daily Inquirer - 2019-05-15
The higher base pay covers all military personnel belonging to the Armed Forces of the Philippines (AFP) under the Department of National Defense ... Public Safety College (PPSC), the Bureau ...

Memory card supplier in vote counting machine in hot water -- COMELEC
CNN Philippines - 2019-05-15
Metro Manila (CNN Philippines, May 15) -- An official of the government's poll body will hold accountable the suppliers of vote counting machines (VCM) and secure digital (SD) cards in the wake ...

Power up your business in the digital age with Globe and Puregold at the Negosyo Convention 2019
Philippine Daily Inquirer - 2019-05-15
Globe Telecom and Puregold Price Club, Inc. will again join hands to reach out to aspiring entrepreneurs at the 14th Puregold Negosyo Convention 2019, which will be held on May 16-19, 2019 at the ...

Bailiwicks fail to deliver votes for Bong Revilla, Jinggoy Estrada
CNN Philippines - 2019-05-15
Metro Manila (CNN Philippines, May 15) -- Bong Revilla and Jinggoy Estrada, the two senatorial aspirants facing charges for the mutli-million peso pork barrel scam, were not the top choices in ...

COMELEC: Tulfo-endorsed group still leading party-list race
CNN Philippines - 2019-05-15
Metro Manila (CNN Philippines, May 15) -- The party-list group supported by broadcaster-brothers Erwin and Raffy Tulfo remains the frontrunner in the party-list race. As of 9 p.m. Tuesday, the ...

German FDI In ASEAN Part IV: The Philippines And Singapore
Mondaq - 2019-05-15
Corruption and corporate fraud poses the most significant risks for businesses in the Philippines. In addition, petty crime and express kidnappings pose other risks for foreign business personnel in the country. However, the country's increasing investment ...

GT Capital Q1 profit dips
Philippine Daily Inquirer - 2019-05-14
Ty family-led GT Capital Holdings Inc. saw an 8.1-percent year-on-year decline in first quarter net profit to P3.4 billion, weighed down by a slowdown in the automotive business. Excluding ...

PH shares dive below 7,700 on breakdown of US-China trade talks
Philippine Daily Inquirer - 2019-05-14
The local stock barometer slid below the 7,700 mark on Tuesday as the breakdown of US-China trade talks spooked global markets. The main-share Philippine Stock Exchange index (PSEi) shed 95.54 ...

Wyndham Group to open hotel in QC
BusinessMirror - 2019-05-14
"Wyndham Garden is a three-to four-star hotel upper midscale brand targeting business and leisure travelers. This is only franchised for this development project in Quezon City," said Pow ...

Trade groups laud polls
Philippine Daily Inquirer - 2019-05-14
One much-awaited phase of the tax reform program is the reduction in corporate income tax rates, one of the highest in the region.

Emperador, GERI revenues grow
Philippine Daily Inquirer - 2019-05-14
Tycoon Andrew Tan-led beverage-maker Emperador Inc. and leisure estate developer Global-Estates Resorts Inc. (Geri) both reported a double-digit year-on-year growth in net profit attributable to ...

Duterte goes on 3rd visit to Japan on May 30 and 31
Philippine Daily Inquirer - 2019-05-14
MANILA, Philippines -- President Rodrigo Duterte will be visiting Japan to speak at the Nikkei-hosted Future of Asia conference in Tokyo on May 30 to 31. Malacañang said the visit, the President ...

The next three years - 2019-05-14
The mid-term election results appear to be what many of us feared. The country can do a lot better than re-elect characters tainted with plunder and/or have done nothing in previous terms. Google Analytics may have noticed a significant surge from the ...

China retaliates on tariffs, global stock markets fall
BusinessMirror - 2019-05-14
Chinese regulators have instead targeted American companies in China by slowing down the clearing of shipments through customs and the processing of business licenses. Oxford Economics calculated ...

Pagcor remits record P16.17 B dividends - 2019-05-14
MANILA, Philippines -- The Philippine Amusement and Gaming Corp. (PAGCOR) said yesterday it has remitted P16.17 billion in dividends to the national government for the year 2018, the highest ever given by the state-run firm since 2011. In a statement ...

2019 World Street Food Congress canceled, but DOT chief says no project deal was made
CNN Philippines - 2019-05-14
Metro Manila (CNN Philippines, May 14) -- Organizers of the World Street Food Congress said Tuesday the gastronomic event has been canceled again this year, but Tourism Secretary Romulo Puyat ...

PSALM urged to collect P59B in unpaid dues
Philippine Daily Inquirer - 2019-05-14
The government is going after electric cooperatives and independent power producer administrators (IPPAs) that owe the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) a ...

A new security flaw in Intel chips called 'Zombieload' impacts PCs and servers
Business Insider - 2019-05-14
The same researchers that found the Intel Spectre and Meltdown flaws which sent Intel and the whole tech industry reeling has found another problem with Intel chips. And they say this vulnerability, named ZombieLoad, impacts PCs and servers of all flavors ...

BPI trust arm to manage P3 B worth of SSS funds - 2019-05-14
MANILA, Philippines -- A unit of Ayala-led Bank of the Philippine Islands (BPI) continues to expand its asset under management after bagging a deal with state-run Social Security System (SSS) to manage P3 billion worth of funds for the next two years.

Meet the shadowy security firm from Israel whose technology is believed to be at the heart of the massive WhatsApp hack
Business Insider - 2019-05-14
Two angles facing left, which often indicate, "return to the beginning." Two angles facing right, which often indicate, "advance to the end." A security flaw in the massively popular WhatsApp messaging platform exposes its 1.5 billion-plus users to one of ...

40% of Americans support antitrust action against Facebook after a cofounder called for it to be broken up
Business Insider - 2019-05-14
Facebook cofounder Chris Hughes wants to see the tech giant broken up. A large segment Americans do too. In a recent SurveyMonkey survey of US adults conducted on behalf of Business Insider and INSIDER, 40% of respondents said they supported antitrust ...

Experts say these retailers could be worst hit by the trade war with China
Business Insider - 2019-05-14
Two angles facing left, which often indicate, "return to the beginning." Two angles facing right, which often indicate, "advance to the end." The US-China trade war reached new levels this week, but the worst is not over yet. Retailers are now bracing ...

Microsoft warns of major WannaCry-like Windows security exploit, releases XP patches
The Verge - 2019-05-14
Microsoft is warning users of older versions of Windows to urgently apply a Windows Update today to protect against a potential widespread attack. The software giant has patched a critical remote code execution vulnerability in Remote Desktop Services that ...

IC lists top nonlife insurers in 2018, with Malayan ranking 1st
BusinessMirror - 2019-05-14
The IC pointed out that gross premiums written is the sum of the premiums from direct business and assumed premiums before the effect of ceded reinsurance. In terms of assets, Malayan Insurance ...

Microsoft patches Windows XP, Server 2003 to try to head off 'wormable' flaw
ZDNet - 2019-05-14
As part of its May 14 Patch Tuesday, Microsoft is releasing a security fix for several older versions of Windows, including Windows XP and Windows Server 2003-- neither of which is supported by Microsoft any longer. Officials said a potentially "wormable ...

New VAT refund rules
BusinessMirror - 2019-05-14
g. For export sale of services, the following documents are valid proofs to establish that the nonresident foreign corporation (NRFC) buyer is not engaged in business in the Philippines ...

FCC to take 'fresh look' at opening key 5.9 GHz spectrum band
Reuters - 2019-05-14
WASHINGTON (Reuters) - The U.S. Federal Communications Commission plans to vote in June on launching a new review of a key band of spectrum that has been reserved for automakers that could boost Wi-Fi use, a person briefed on the matter said on Tuesday.

Kalye Negosyo innovator shares success with upstarts
BusinessMirror - 2019-05-14
From left, Nordie Joy Bilbao-Olaguera shares a light moment with her sister-business partner Kate B. Unson and nephew Lucas at the Kitchen Studio of Love2bake school. In 2013, former advertising ...

Villar, Poe top Senate race in partial, official results
Philippine Daily Inquirer - 2019-05-14
MANILA, Philippines -- Re-electionist Senators Cynthia Villar and Grace Poe remained the top contenders in the senatorial race, according to the the first batch of partial and official results ...

Fresh reform impetus seen in poll results
BusinessWorld - 2019-05-14
"Specifically, we believe the next package on fiscal incentive rationalization combined with corporate income tax cuts may now have a more realistic chance of enactment than not within this year." Asked on remaining tax reforms, starting with the plan ...

Semirara Mining income falls 49% in 1 st quarter
BusinessWorld - 2019-05-14
In a disclosure to the stock exchange, the Consunji-led company said the coal segment of the business, net of eliminations, and energy subsidiary Southwest Luzon Power Generation Corp. (SLPGC) contributed P2.13 billion and P226.10 million, respectively.

San Francisco Considers Ban On Government's Use Of Facial Recognition Technology
NPR - 2019-05-14
San Francisco may become the first U.S. city to ban the use of facial recognition technology by police and city agencies. The city's Board of Supervisors will vote on a measure today, and if it votes in favor, several other cities and states could follow.

Could Doctors Be Replaced By Artificial Intelligence? What A Google Executive Said About AI
International Business Times - 2019-05-14
Researchers and data scientists last week unveiled new uses for Artificial Intelligence (AI) at New York University's Langone Health Tech Conference but said that it would be a long time before AI robots and technologies could replace a skilled physician.

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