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Construction of LRT-1 Cavite extension kicks off
CNN Philippines - 2019-05-07
Metro Manila (CNN Philippines, May 7) -- After a two-year delay, the construction of the Light Rail Transit (LRT-1) Cavite extension finally began Tuesday. The LRT-1 currently has 20 stations ...

Shut down Chinese-only businesses, Lacson urges
Philippine Daily Inquirer - 2019-05-07
MANILA, Philippines -- The government should shut down restaurants and other businesses exclusively catering to Chinese nationals staying in the country, Sen. Panfilo Lacson said on Sunday.

Brewer AB InBev eyes minority listing of Asian business
Nasdaq - 2019-05-07
UNRIVALLED ASIAN BUSINESS The company's Asian business would be unrivalled ... Potential partners might include ThaiBev or San Miguel , of the Philippines. For its first quarter, AB InBev said EBITDA came in at $4.99 billion, an organic increase of 8.2 ...

Meralco power rates down in May
CNN Philippines - 2019-05-07
Metro Manila (CNN Philippines, May 7) -- The public can save on their electricity bills this month as power rates have dropped, the Manila Electric Company (Meralco) announced on Tuesday.

Metrobank nets P6.8B in first three months of 2019
Philippine Daily Inquirer - 2019-05-07
MANILA, Philippines -- Ty family-led Metropolitan Bank & Trust Co. (Metrobank) chalked up P6.8 billion in net income for the first quarter, up by 15 percent year-on-year on the back of higher ...

Globe Telecom surprises with 40% income increase in 1st three months
Philippine Daily Inquirer - 2019-05-07
Industry giant Globe Telecom saw a profit surge in the first quarter of the year with earnings powered by strong demand for data services and tight controls over costs. The results, which beat ...

Senate panel open to probe Bikoy's claims vs. Duterte family, allies
CNN Philippines - 2019-05-07
Metro Manila (CNN Philippines, May 7) -- A Senate panel is open to conduct a hearing this week to investigate the drug allegations of Peter Joemel Advincula, also known as Bikoy, against the ...

Inflation drops to 16-month low of 3% in April
Philippine Daily Inquirer - 2019-05-07
MANILA, Philippines -- Inflation eased to 3 percent year-on-year in April mainly as increases in prices of food and beverages slowed that month, the government reported Tuesday. The latest ...

De Lima allowed to vote on May 13, but can't grant interviews
CNN Philippines - 2019-05-07
Metro Manila (CNN Philippines, May 7) -- A local court on Tuesday allowed detained Senator Leila de Lima to exercise her right to vote during the May 13 midterm elections. The Muntinlupa Regional ...

PH: Canada to shoulder cost of shipping back trash
CNN Philippines - 2019-05-07
Metro Manila (CNN Philippines, May 7) -- Canada has offered to pay for the cost of shipping back the 69 containers full of waste that a Canada-based private company dumped in the Philippines ...

Inflation remains benign in April
philstar.com - 2019-05-07
MANILA, Philippines -- Consumer price growth in the Philippines continued to soften in April on the back of slower price increments recorded in food items, the Philippine Statistics Authority reported Tuesday. Inflation in April stood at 3%, lower than 3 ...

Python found in Bluetooth speaker
philstar.com - 2019-05-07
MANILA, Philippines -- Customs officers at the Ninoy Aquino Internatioanl Airport (NAIA) intercepted last Sunday a live reticulated python concealed in a Bluetooth speaker that was bound for Malaysia. The 20-inch python was seen when the package went ...

Carta, the startup building a stock exchange for startups, says its own valuation increased nearly $1 billion in five months
Business Insider - 2019-05-06
Carta, a service for buying and selling shares in private companies, has built its business around the surging valuations of startups. On Monday, Carta provided a first-hand example of the trend when it announced that its own valuation has jumped by nearly ...

Activists call on Facebook shareholders to dump Mark Zuckerberg as chairman
Upi.com - 2019-05-06
May 6 (UPI) --Civil rights and corporate accountability activist groups on Monday encouraged Facebook shareholders to vote against keeping CEO Mark Zuckerberg as chairman of the board, citing his majority voting rights and the company's user privacy problems.

High levels of sunscreen ingredients end up in the bloodstream: study
Reuters - 2019-05-06
(Reuters) - The active ingredients of commonly-used sunscreens end up in the bloodstream at much higher levels than current U.S. guidelines from health regulators and warrant further safety studies, according to a small study conducted by U.S. Food and ...

Parents vape around kids, even kids with asthma
Reuters - 2019-05-06
(Reuters Health) - American adults are more likely to use e-cigarettes when they have children at home, especially when kids have asthma, a U.S. study suggests. Nationwide, 4.4 percent of adults reported current e-cigarette use in 2016 and 2017, the study ...

PSEi, markets cower as Trump threatens dramatic rise in tariffs vs China
Philippine Daily Inquirer - 2019-05-06
The local stock barometer fell sharply on Monday as fresh US-China trade war jitters spooked global markets. The main-share Philippine Stock Exchange index (PSEi) tumbled by 105.68 points or 1.33 ...

Local retailers tell Chinese, foreigners to keep hands off SME industry
Philippine Daily Inquirer - 2019-05-06
The Philippine Retailers Association (PRA) urged the government to stop China from engaging in small and medium businesses here. Roberto Claudio, PRA vice chair, said in a statement on Monday that ...

1 Million Animal And Plant Species Are At Risk Of Extinction, U.N. Report Says
NPR - 2019-05-06
Up to 1 million of the estimated 8 million plant and animal species on Earth are at risk of extinction -- many of them within decades -- according to scientists and researchers who produced a sweeping U.N. report on how humanity's burgeoning growth is ...

If Drones Had 'Claws,' They Might Be Able To Fly For Longer
NPR - 2019-05-06
Small drones can do big jobs: Firefighters can use them to find hot spots in blazes, environmental monitors can find the source of hazardous chemical leaks. One just delivered a human kidney for transplant surgery. But it takes lots of power to spin four ...

Apple has bought more than 20 companies since November, but we only know about 6 of them
Business Insider - 2019-05-06
Apple has bought 20 to 25 companies in the past 6 months, according to CEO Tim Cook-- but you probably haven't heard about most of them. Cook's disclosure came during an interview with CNBC on Monday, in which he said the company mostly acquires for ...

Keep foreigners out of SME retail business-PRA
BusinessMirror - 2019-05-06
LOCAL retailers on Monday asked the government to keep their foreign counterparts out of the small and medium enterprise (SME) competition by retaining the minimum paid-up capital for offshore ...

Data drives Globe profit higher in 1 st qtr
BusinessWorld - 2019-05-06
"We continue to see that data continues to be the main driver of growth. Mobile business grew 11% year on year, bolstered by the 44% increase in mobile data revenues," Globe Chief Commercial Officer Alberto M. de Larrazabal said in a media briefing at ...

Privacy and data-security mistakes to be avoided
BusinessMirror - 2019-05-06
Most companies lack the experience and resources needed to manage the plethora of security, privacy and compliance issues inherent in a growing technology-based business. Nevertheless, the legal ...

Imee Marcos seeks full SRA aid for sugarcane farmers
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- Ilocos Norte Gov. Imee Marcos on Monday called on the Sugar Regulatory Administration (SRA) to give direct support to sugarcane farmers and not just build farm-to-mill roads.

Chinese-only establishments should be shut down - Pimentel
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- Establishments limiting themselves to serving Chinese customers is committing discrimination and should be shut down for violating the Constitution, reelectionist Sen.

OWWA denies giving money to OFWs at airports
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- The Overseas Workers Welfare Administration (OWWA) denied on Monday claims that they are giving returning overseas Filipino workers (OFWs) cash upon their arrival at ...

JPMorgan cuts its Tesla expectations after the company announced a $2.4 billion funding round -- but says there's one big plus to the offering
Business Insider - 2019-05-06
Tesla is raising more than $2 billion in new funding, the company disclosed last week, and even the most bearish of Wall Street analysts are enthused with the long-awaited move. "We applaud Tesla's decision to raise capital but believe at the same time it ...

DoH reminds on health risks as Iloilo City hits highest heat index in 9 years
BusinessWorld - 2019-05-06
Heat index, as defined by the Philippine Atmospheric, Geophysical and Astronomical ... 2:26 p.m. Meanwhile, the Department of Health-Western Visayas (DOH-6) cautioned the public of the health risks arising from the high temperature. DOH-6 Infectious ...

Comelec junks disqualification bid vs. Cayetano couple
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- The Commission on Elections (Comelec) has dismissed the disqualification case filed against former Foreign Affairs Secretary Alan Peter Cayetano and his ...

Comelec junks disqualification bid vs. Cayetano couple
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- The Commission on Elections (Comelec) has dismissed the disqualification case filed against former Foreign Affairs Secretary Alan Peter Cayetano and his ...

Dow plummets 450 points on return of trade war fears
CNN Philippines - 2019-05-06
(CNN) -- Trade war fears have returned to Wall Street, wiping out a chunk of the stock market's recent surge. The Dow plunged 450 points on Monday morning after President Donald Trump surprised ...

Global stocks drop after Trump risks 'full-on' trade war with China
CNN Philippines - 2019-05-06
(CNN) -- President Donald Trump sent shivers through global markets on Monday, with stocks plunging after he threatened new tariffs that would escalate the U.S.-China trade war. The Shanghai ...

DOJ indicts Rodel Jayme over inciting to sedition case
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines -- Prosecutors from the Department of Justice (DOJ) has indicted website administrator Rodel Jayme on inciting to sedition charge in relation to Republic Act 10175 or the ...

Local absentee voting: 2,816 ballots collected, so far
Philippine Daily Inquirer - 2019-05-06
MANILA, Philippines - A total of 2,816 accomplished ballots from the local absentee voting have been received by the Commission on Elections (Comelec). Most of the ballots (1,364) came from the ...

Horizon Homes fast-charging EV facility is future-ready
philstar.com - 2019-05-06
Electric vehicles are wonders of automotive technology. They are generally cleaner and cheaper to drive, saving in fuel cost and greatly reducing the amount of carbon emissions that hasten global warming. Here in the Philippines, stakeholders of the ...

Man claiming to be Bikoy surfaces, eyes suit vs drug syndicate
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- A man claiming to be the anonymous man named "Bikoy" in the five-part video series accusing President Rodrigo Duterte, his family and his close allies ...

Negros Occidental town under COMELEC control amid violence
CNN Philippines - 2019-05-06
Metro Manila (CNN Philippines, May 6) -- Another town has been placed under the Commission on Elections (COMELEC) control as violence mars the campaign ahead of the May 13 midterm elections.

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 ...

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