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Eagle Cement Corp. reports P1.59B net profit in Q1 2019
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- Ang family-led Eagle Cement Corp. grew net profit in the first three months by 49 percent year-on-year to P1.59 billion, driven by a double-digit growth in sales volume and ...

Caloocan cops get praise for saving newborn
philstar.com - 2019-05-06
MANILA, Philippines -- The Caloocan police has been receiving praises from netizens after two of its policemen saved the life of a newborn boy who was abandoned before dawn Thursday. Capt. Jeraldson Rivera, Police Community Precinct 7 commander, said ...

10-yr agriculture master plan for BARMM readied
Philippine Daily Inquirer - 2019-05-06
The Department of Agriculture (DA) will help the newly established Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) in crafting a 10-year agriculture master plan which will be aimed at ...

Security Bank Q1 2019 profit grows to P2.38B
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- Key local lender Security Bank posted a 1.5-percent year-on-year growth in first quarter net profit to P2.38 billion, driven by higher interest earnings and treasury gains.

Palace wants probe on exclusive Chinese restaurants
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- Malacañang on Monday said authorities will investigate reports that some Chinese-run restaurants allegedly refuse Filipino customers. Presidential ...

Daraga mayor ordered arrested over Batocabe killing
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- Daraga, Albay Mayor Carlwyn Baldo was ordered arrested Monday over the killing of AKO Bicol Representative Rodel Batocabe in December last year, a police ...

Cubao bus terminal to stay - MMDA
philstar.com - 2019-05-06
MANILA, Philippines -- The terminal for provincial buses in Cubao, Quezon City will not be shut down even as the Metropolitan Manila Development Authority (MMDA) is set to close all provincial bus terminals on EDSA by next month, an official said yesterday.

Ex-DAR Region 12 officer convicted for demanding cash, tuna
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- A former official of the Department of Agrarian Reform (DAR) in Region XII has been found guilty of graft for extorting P120,000 and a whole tuna from petitioners seeking a ...

SM Prime Holdings nets P8.8B in Q1 2019
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- Southeast Asian property giant SM Prime Holdings grew net profit in the first three months by 16 percent year-on-year to P8.8 billion on higher earnings from rental ...

PT&T pairs up with Chinese firm for national wifi network
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- The Philippine Telegraph & Telephone Corp. (PT&T) will put up a national wi-fi service with a Chinese partner. In a disclosure on Monday, the listed ...

PT&T pairs up with Chinese firm for national wifi network
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- The Philippine Telegraph & Telephone Corp. (PT&T) will put up a national wi-fi service with a Chinese partner. In a disclosure on Monday, the listed ...

CHR to PNP: Cooperate in probe of Cebu cops
philstar.com - 2019-05-06
MANILA, Philippines -- The Commission on Human Rights (CHR) has sought the cooperation of the Philippine National Police (PNP) in its investigation of a viral video showing police officers beating up a drug suspect in Cebu City. "Denying us access to a ...

SC requires public bidding for all power supply contracts
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- The Supreme Court (SC) has ruled that all power supply contracts secured by electricity distribution firms should go through competitive bidding.

MMDA suspends dry run of provincial bus ban
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- The Metropolitan Manila Development Authority (MMDA) suspended on Monday the dry run of the provincial bus ban along Edsa. MMDA General Manager Jojo Garcia explained that ...

Globe sees profit surge in Q1 2019
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- Globe Telecom reported stellar results in the first quarter of 2019 as profitability surged on sustained demand for its data services while expenses were contained ...

Boeing knew of 737 MAX safety system glitch year before deadly crash
Philippine Daily Inquirer - 2019-05-06
WASHINGTON, United States - Boeing engineers identified a fault with a pilot warning system on its 737 MAX aircraft in 2017, a year before the deadly Lion Air crash, the company said Sunday.

China to prioritize Filipino workers in projects - DOTr exec
Philippine Daily Inquirer - 2019-05-06
an official of the Department of Transportation (DOTr) said Monday. On top of these, China also gave the assurance that its nationals would "pay taxes accordingly," said DOTr Undersecretary ...

Paris police station closed after attack... by fleas
Philippine Daily Inquirer - 2019-05-06
PARIS, France - A police station in northeastern Paris had to be evacuated on Sunday after it was invaded by fleas, a police union said. "Police station closed until further notice!"

Investment pledges climbed 46.5% at end-April
Philippine Daily Inquirer - 2019-05-06
The Board of Investments (BOI) said investment pledges reached P286.7 billion in the first four months of the year, nearly double the amount from the same period in 2018. In a statement, the BOI ...

Economists see April inflation at 2.8 to 3.2%
Philippine Daily Inquirer - 2019-05-06
Inflation likely further eased in April, with a possibility of falling below the 3-percent level for the first time since December 2017. Of the nine economists polled by the Inquirer, Rizal ...

Comelec: Ballot boxes in Pasig not tampered
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- The Commission on Elections (Comelec) on Monday denied reports of tampered ballots in Pasig City. Comelec spokesperson James Jimenez responded to the ...

LOOK: Duterte visits wake of ex-Speaker Nograles
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- President Rodrigo Duterte visited the wake of his former political rival, ex-House Speaker Prospero Nograles, on Sunday at the Heritage Park in Taguig City.

Senatorial candidates: Where is the poverty-reduction agenda?
Philippine Daily Inquirer - 2019-05-06
In 2012, Dr. Mahathir visited the Philippines to receive an honorary professor title at the University of Sto ... Candidate D prides in free college tuition in public universities.

Increase in maternity disbursements seen this year
philstar.com - 2019-05-06
MANILA, Philippines -- State-run Social Security System (SSS) expects a sharp increase in maternity disbursements this year following the implementation of the 105-day expanded maternity leave law (EMLL). SSS president and chief executive officer Aurora ...

WMPC, Zamcelco agree to end rotating brownouts in Zamboanga City
BusinessMirror - 2019-05-06
Nocos, vice president for business development of WMPC and the Alsons Power Group. This compromise, proposed by Zamboanga City Mayor Maria Isabelle Climaco-Salazar, is a temporary measure to ...

PGA Cars opens Porsche, Audi, Lamborghini, Bentley showrooms in BGC
BusinessWorld - 2019-05-06
PGA CARS, the exclusive importer and distributor of Porsche, Audi, Lamborghini, and Bentley, recently opened a four-brand showroom located at the heart of the bustling upscale metropolis of Bonifacio Global City (BGC) in Taguig. This gallery of luxury and ...

PH, China firms to launch nationwide wi-fi, digital TV services
Philippine Daily Inquirer - 2019-05-05
The group of businessman Salvador B. Zamora II is partnering with a Chinese group to launch Wi-Fi, digital television and satellite services across the country. Zamora, who chairs Philippine ...

Make deal with China for offshore gas, urges Malampaya pioneer
Philippine Daily Inquirer - 2019-05-05
BAGUIO CITY, Benguet, Philippines -- Make a deal with China to develop untapped natural gas in Philippine waters to forestall a projected power crisis, according to one of the scientists who ...

Uber IPO: Be Ready to Be Underwhelmed
YAHOO! - 2019-05-05
Lyft's (NASDAQ: LYFT) much-awaited IPO has turned out to be a disappointment for investors, as shares of the ridesharing specialist are down significantly since its stock market debut. Short-sellers have piled into Lyft stock, believing it to be overvalued.

Exclusive: OnePlus Talks About Community Power, Learning New Skills, And Connections To Oppo
Forbes - 2019-05-05
Ahead of the highly anticipated launch of the OnePlus 7 and OnePlus 7 Pro, I caught up with OnePlus co-founder Carl Pei to find out how the OnePlus of 2019 compares to the Shenzhen start-up from 2013. Those with a long memory will know that one of the ...

Could Facebook's Edge AI Message Scanning Save Encryption?
Forbes - 2019-05-05
Governments across the world have taken an increasingly adversarial stance towards encryption, demanding backdoors and other mechanisms of bypassing its protections in the name of national security. As terrorists and criminals have increasingly turned to ...

No Planet B: How This Woman Leader Is Tackling The World's Biggest Challenges
Inc. - 2019-05-05
Solve at MIT 2019 (May 7-9) is nearly upon us. The annual flagship event will bring together more than 500 leaders and 33 entrepreneurs to tackle some the world's big challenges through open innovation. In an exclusive interview for Inc., I caught up with ...

This modded Roomba screams in mortal pain when it runs into things
Mashable - 2019-05-05
A robot is here to remind you that life is pain. Michael Reeves is a YouTuber with a foul mouth who builds silly and irreverent robots. His latest invention is a modded Roomba that screams ...

RRR could be cut should inflation slow
BusinessWorld - 2019-05-05
Michael L. Ricafort, economist at Rizal Commercial Banking Corp. (RCBC), noted that rice prices have dropped to as low as P34-35 per kilogram, down by more than P10 from prices in September-October 2018 or when inflation hit a 6.7% nine-month peak.

BSP to take measured policy steps -- S&P
BusinessWorld - 2019-05-05
THE PHILIPPINE ECONOMY is not overheating, but this does not mean the central bank will dial back the cumulative 175-basis-point interest rate hike it fired off last year to ease inflation pressures. "There was no overheating seen within the economy of ...

Banks and fintech: the next step
BusinessWorld - 2019-05-05
A 2015 case study by the Better Than Cash Alliance (BTCA) titled Leaving money on the table: The corporate and SME experiences of digitizing business payments in the Philippines found that digital payments could save Philippine banks about $1.52 per ...

MORE smart cities... with sufficient water
BusinessWorld - 2019-05-05
They can use the raw water for their community and corporate needs, and sell water to private water utilities and hydro-electric power plants. This should be among the market-oriented reforms for efficiency (MORE) that can help "smart cities" and ...

This human settlements thing
BusinessWorld - 2019-05-05
"Endo" makes for less rights and opportunities for labor by lack of total participation of workers in a business entity (because the "Endos" have no leverage) in strikes and protests against issues like work conditions, pay, perks and retiremen

On credit ratings upgrade and power shortage risk
BusinessWorld - 2019-05-05
Answer : 90-180 days; 14 technical personnel. Clearly, we will be in trouble if Energy Regulatory Commission stays on a business as usual course. Thankfully, Chair Devanadera is not a business as usual person. FEF Pres. Toti Chikiamco described her as ...

2 village chiefs gunned down in Zamboanga
Philippine Daily Inquirer - 2019-05-05
PAGADIAN CITY, Zamboanga del Sur, Philippines -- Two village chiefs were shot to death in two separate incidents in the Zamboanga Peninsula on Saturday, according to police. First to be killed ...

Peso likely to strengthen
BusinessWorld - 2019-05-05
However, the peso declined week-on-week from the P51.85-per-dollar finish last May 3. Michael L. Ricafort, Rizal Commercial Banking Corp. economist, said the peso will likely strengthen versus the US unit this week on the downward correction of the dollar ...

'No image will surpass this': Hubble telescope astronomers created a stunning picture of the deep universe with 16 years' worth of photos
Business Insider - 2019-05-05
Astronomers on Thursday published a remarkable new picture of the deep universe. The image, shown in full at the end of this post, contains perhaps 265,000 visible galaxies crammed into a region smaller than the moon's apparent size in the sky. The picture ...

Harden, Rockets avoid deep hole
BusinessMirror - 2019-05-05
James Harden scores 41 points as the Houston Rockets outlast the Golden State Warriors, 126-121, in overtime to cut their deficit to 2-1. HOUSTON--James Harden made a 3-pointer to finish off the ...

SEC to start accepting one-person corporation
BusinessMirror - 2019-05-05
"The concept of a one-person corporation [OPC], along with the other provisions of the Revised Corporation Code of the Philippines, makes doing business in the country easier," SEC Chairman Emilio

AEV bonds secure top rating
BusinessWorld - 2019-05-05
"Over the projected period, AEV expects growth to continue to be supported mainly by the continued increase in its power and food business segments. Margins are expected to stabilize and recover in the coming years," according to PhilRatings. The ...

Robinsons allots P5B for capex
BusinessWorld - 2019-05-05
On a stand-alone basis, the supermarket business recorded the highest SSSG at 7.6%, thanks to a 1.5% uptick in transaction count and a 6.1% increase in basket size. It further expects a gross profit margin expansion of 10 to 20 basis points in 2019.

Davao marine park yields 238 new hatchlings
BusinessMirror - 2019-05-05
Thus, advancing business and communities," said Rodger S. Velasco, Davao Light director, president and COO. He said the April 18 release of pawikan hatchlings were witnessed by 200 visitors ...

Land conservation: A risky business
BusinessMirror - 2019-05-05
UNITED NATIONS--In light of land degradation and climate change, the protection of the environment is crucial--but the protection of the very people working tirelessly and with much risk to ...

Agility in a VUCA world
BusinessMirror - 2019-05-05
The 10 characteristics of an agile PR business and professional include adaptability, thorough learning, absorbing as much as you can, seeing the forest, not just the trees, building and nurturing ...

Uber and Lyft drivers are planning a massive strike for this week over work conditions and pay rates
Business Insider - 2019-05-05
Drivers for ride-share companies Uber and Lyft are planning strikes in cities across the country over working conditions and payment as the company gears up for its IPO. On Wednesday, May 8, drivers in Chicago, Los Angeles, San Francisco, and New York, are ...

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