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Ayala launches $150 M venture capital fund
philstar.com - 2019-04-27
The fund will enable Ayala to "ride disruption and engage with new technology-enabled challengers." Ayala Corp., Ayala Land Inc., BPI, Globe, AC Energy and other selected invited investors have committed to raise the amount, Limcaoco said. Kickstart is ...

Alejano: PH under 'economic colonization' by China amid loan agreements controversy
CNN Philippines - 2019-04-27
so they can control us)," Alejano said during the debate held at the University of Santo Tomas. [Translation: The safety here is we go with those countries who are neutral, those who can give us ...

1 dead, 6 hurt in Las Piñas crash
philstar.com - 2019-04-27
MANILA, Philippines -- A fish vendor was killed while six others were injured when a car hit her and a tricycle she was about to board, two bicycles and two motorcycles in Las Piñas City before dawn Thursday. Leizel Zanarias Quilicol, 49, was pronounced ...

Senate bets criticize water sector, offer supply solutions
CNN Philippines - 2019-04-27
Metro Manila (CNN Philippines, April 27) -- Some senatorial candidates on Saturday took potshots at the water sectors over a supply lack that hit over one million Filipinos in Metro Manila and ...

Alejano: PH under 'economic colonization' by China amid loan agreements controversy
CNN Philippines - 2019-04-27
so they can control us)," Alejano said during the debate held at the University of Santo Tomas. [Translation: The safety here is we go with those countries who are neutral, those who can give us ...

2 South Koreans nabbed for illegal online gaming
philstar.com - 2019-04-27
MANILA, Philippines -- The Bureau of Immigration (BI) arrested two South Koreans in Pampanga on Thursday for allegedly running an illegal online gaming operation that victimized their compatriots. BI Commissioner Jaime Morente said Lee Jongjin, 28, and ...

Why pet antibiotics could make their owners sick
Medical News Today - 2019-04-27
At a small animal hospital in the United Kingdom, researchers have found a gene that enables bacteria to be highly resistant to linezolid -- an antibiotic that doctors use to treat serious infections in humans. Doctors will often use linezolid for skin ...

MPD official charged for attacking ex-girlfriend, lover
philstar.com - 2019-04-27
MANILA, Philippines -- A Manila Police District (MPD) official and four of his colleagues were charged for reportedly assaulting his former girlfriend and her new boyfriend in Sta. Cruz, Manila Thursday afternoon. M/Sgt. Ramil Carel, 37; Staff Sgt.

Suspected drug pusher dies in Rizal shootout
Philippine Daily Inquirer - 2019-04-27
SAN PEDRO CITY-A suspected drug pusher was killed in a buy-bust operation in Taytay town in Rizal province on Friday evening, police said Saturday. According to a report from the Rizal police ...

Wellness at the center of it all
Inquirer - 2019-04-27
At the corner of Edsa and Quezon Avenue ... Lifestyle Center on the corner of Paseo de Roxas and Gil Puyat Avenue in Makati, MediCard McKinley, MediCard Ortigas, MediCard Cebu City, MediCard ...

FAST FACTS
Inquirer - 2019-04-27
Experts have warned that a segment of the Valley Fault System (VFS) was ripe for a strong earthquake which may hit Metro Manila and nearby provinces. Here are some quick facts about the VFS.

First OFW hospital to rise in Pampanga
philstar.com - 2019-04-27
The Department of Labor and Employment (DOLE) yesterday said the groundbreaking of the hospital in San Fernando, Pampanga would be held on May 1. "The hospital will be exclusively for OFWs and their dependents... to provide them with free services when ...

Philippines gets JCR upgrade, nears top credit rating
philstar.com - 2019-04-26
A single A credit rating will place the Philippines on the radar screen of even more portfolio investors, given that some institutional investors have a policy of investing only in bonds issued by A-rated sovereigns or corporate entities. This is the ...

New water source seen ready by 2021
Inquirer - 2019-04-26
The most secure new source of raw water for Manila Water Co. Inc. may not be ready until 2021 and, until then, the company may have to depend on temporary solutions such as deep wells and shared ...

PH, Asian markets down amid global slowdown fears
Inquirer - 2019-04-26
It was followed by Bank of the Philippine Islands, up 2.39 percent to P83.45; BDO Unibank Inc., unchanged at P134; Ayala Corp., up 1.13 percent to P895; and Metropolitan Bank and Trust Co., down 1 ...

Friday temblors rock Surigao del Norte, Ilocos Norte, Leyte
Philippine Daily Inquirer - 2019-04-26
The latest was a 5.5-magnitude quake off the coast of Surigao del Norte at 1:26 p.m. on Friday, the Philippine Institute ... to at least 90 classrooms in 11 schools in Porac and Floridablanca ...

BIR collections up 11% in 1st quarter
Inquirer - 2019-04-26
The Bureau of Internal Revenue (BIR) grew its collections by over a tenth to P468.2 billion in the first quarter on the back of better tax administration and the second round of excise hikes under ...

Intel Increases 10nm Ice Lake Chip Output With Systems In Stores For 2019 Holiday Shoppers
Forbes - 2019-04-26
Intel's consternation with its 10nm manufacturing process is well documented but on its Q1 earnings call yesterday, the Santa Clara chip giant painted a more positive picture on the ramp-up of its forthcoming Ice Lake processor for mobile client systems ...

CNN Philippines Senatorial Debate: What you need to know
CNN Philippines - 2019-04-26
Metro Manila (CNN Philippines, April 26) -- CNN Philippines is hosting its one and only Senatorial Debate in this election season. It's the culmination of a series of seven forums that began in ...

Boracay Redux
BusinessMirror - 2019-04-26
The actual losses from personal and business incomes have yet to be fully quantified, although a recent study by the Philippine Institute for Development Studies (PIDS) estimated economic loss ...

19 business deals signed during Duterte's trip to China
CNN Philippines - 2019-04-26
Metro Manila (CNN Philippines, April 26) -- President Rodrigo Duterte witnessed the signing of several business agreements with China during his latest trip to China. Duterte and several ...

DTI organizes bigger PHL participation to CIIE
BusinessMirror - 2019-04-26
It has three main components--Country Pavilion, Enterprise and Business Zone and the Hongqiao International Trade Forum. It is a promising trading platform to promote Filipino products and ...

Economical pivot to China to benefit Philippines -- expert
CNN Philippines - 2019-04-26
Metro Manila (CNN Philippines, April 26) -- President Rodrigo Duterte is on his fourth trip to China, a country which has a territorial dispute with the Philippines. But the trip and closer ties ...

NLEX, SCTEX Holy Week vehicle volume reach 400,000 daily
Philippine Daily Inquirer - 2019-04-26
MANILA, Philippines - Vehicular volume at the North Luzon Expressway (NLEX) and Subic-Clark-Tarlac Expressway (SCTEx) during the Holy Week reached a daily average of 400,000, the tollway ...

In China, Duterte invites businessmen to invest in PH
CNN Philippines - 2019-04-26
Metro Manila (CNN Philippines, April 26) -- President Rodrigo Duterte on Friday invited businessmen in China to invest in the country, assuring them of a corruption-free Philippines. "I want ...

B-2 pilot recounts what it's like 'flying a stealth bomber'
Fox News - 2019-04-26
"It is a dream to fly. It is so smooth," Maj. Kent Mickelson, a former B-2 pilot, told Warrior Maven. In a special interview designed to offer a rare look into the technologies and elements of the B-2, Mickelson - who flew B-2 bombing missions over ...

Boracay bounces back, focus on sustainable tourism on
Philippine Daily Inquirer - 2019-04-26
BORACAY ISLAND, AKLAN--A year after the start of the six-month shutdown of Boracay Island for rehabilitation, an increasing number of local and foreign tourists are again flocking to the world ...

Drug drop-offs more widely available, but experts say more options needed
Upi.com - 2019-04-26
April 26 (UPI) --Communities around the United States offer drug drop-off days that help to temporarily reduce the temptation to use opioids. Some experts say providing year-round methods for people to get rid of medications would be more helpful in ...

CAAP to review radio communication in Bulacan chopper crash
Philippine Daily Inquirer - 2019-04-26
CAAP air crash investigator, Harry Paradero, said they had ruled out the weather condition or overloading as the cause of the crash. He said the chopper had a maximum carrying capacity of seven ...

Comelec assures funding for overseas voting ballots
Global Nation - 2019-04-26
MANILA, Philippines - The Commission on Elections (Comelec) will release funds for the postage fees of official ballots pending delivery to Filipinos abroad for the overseas absentee voting, a ...

Workers kept inside buildings during quake? Dole urged to probe incident
Philippine Daily Inquirer - 2019-04-26
MALOLOS CITY, Bulacan -- President Rodrigo Duterte should order the Department of Labor and Employment (Dole) to probe reports that some call center and mall employees were not allowed to leave ...

Comelec: May 13 polls to push through in war-torn Marawi
Philippine Daily Inquirer - 2019-04-26
MANILA, Philippines -- The Commission on Elections (Comelec) on Friday said the May 13 polls will push through in war-torn Marawi City, even as it is still reeling from the effects of the five ...

Philippines' Ayala conglomerate sets up $150m tech fund
Nikkei Asian Review - 2019-04-26
MANILA -- Ayala Corp., a major conglomerate in the Philippines, is setting up a $150 million venture fund to invest in disruptive technologies, Chairman and CEO Jaime Augusto Zobel de Ayala said ...

PHL, Chinese firms sign $12-B in business deals
BusinessWorld - 2019-04-26
THE Philippine business delegation and Chinese companies on Friday signed 19 deals worth $12.165 billion, according to Trade Secretary Ramon M. Lopez. "President Rodrigo Roa Duterte witnessed the exchange of 19 signed business agreements with Chinese ...

Gatchalian: Malampaya tax case resolution to revitalize oil industry
Philippine Daily Inquirer - 2019-04-26
MANILA, Philippines--The ruling of the International Chamber of Commerce (ICC) in Singapore on the arbitration case filed by Shell Philippines Exploration B.V (SPEX) against the government on the ...

Peso weakens on strong US economic data
BusinessWorld - 2019-04-26
The US Commerce Department said orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, surged 1.3% to an all-time high of $70.0 billion, powered by a jump in demand for computers and electronic products.

Bank economists see within-target inflation until 2021
BusinessWorld - 2019-04-26
Sought for comment, Rizal Commercial Banking Corp (RCBC) Economist Michael L. Ricafort told reporters: "There may be some upside risks which are practically supply side driven like higher oil prices... We have to note that for food prices, the monetary ...

Farm tourism gaining ground in PHL
BusinessWorld - 2019-04-26
"Online availability is important in this social media era. People will find you first online. Online websites establish your credibility as a business," she noted. Several local government units have started promoting local tourism, which has greatly ...

Ayala to form $150M venture capital fund
BusinessWorld - 2019-04-26
"We formulated a plan to establish a group-wide corporate venture capital entity where we are trying to raise $150 million of new money from within Ayala Corp. and its business units supported by the CEOs and by the board of the different units," AC ...

Honestbee temporarily halts PHL operations
BusinessWorld - 2019-04-26
HONESTBEE Philippines said it is temporarily suspending operations in the country following the same business decision for its Hong Kong and Thailand units. The food and grocery delivery service said in a statement: "Our operations in the Philippines ...

Red Cross provides counseling to quake survivors in Pampanga
Philippine Daily Inquirer - 2019-04-26
MANILA, Philippines -- The Philippine Red Cross (PRC) has conducted psychosocial counseling and other psychological support to the 12 survivors and 20 employees rescued under the rubble of the ...

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