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Investments in coal plants down
Philippine Daily Inquirer - 2019-05-16
Worldwide investments in coal-based power generation fell to their lowest level in 14 years, but the number of such generators continued to increase in Southeast Asia, according to the ...

BSP orders 3-stage bank reserve cut
Philippine Daily Inquirer - 2019-05-16
The central bank on Thursday moved to release more liquidity into the Philippine financial system amid an environment of declining inflation and lower economic growth in the first quarter of 2019.

2019 Toyota Road Trek goes back to Palawan
BusinessMirror - 2019-05-16
According to TMP, it was a celebration of friendship between the company and the media that goes beyond business. So once again, select members of the motoring media flew in to the scenic province ...

Excellent InLife movers awarded for going above and beyond for 2018
BusinessMirror - 2019-05-16
For Pedro Arela of Cebu City, and husband and wife Antonio and Lina Abrantes of Davao City ... but retains the eagle as the icon. "The Philippine Eagle continues to be our icon because it ...

Locsin orders PH consuls in Canada to go home until garbage is shipped back
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines ... A total of 103 container vans containing trash were shipped to Subic and Manila in several batches from 2013 to 2014. Canadian-based firm Chronic Plastics, Inc., which exported the vans, misdeclared their contents as ...

Ticagrelor: A New Antibiotic?
Medscape - 2019-05-16
The antiplatelet agent ticagrelor (Brilinta/Brilique, AstraZeneca) demonstrated bactericidal activity against antibiotic-resistant gram-positive bacteria that pose a threat to human health, including methicillin-resistant Staphylococcus aureus (MRSA), and ...

Magic, Bird Honored
BusinessMirror - 2019-05-16
His larger achievements since his playing days have come in the business world as CEO of Magic Johnson Enterprises. Bill Russell was the first Lifetime Achievement winner in 2017 and Oscar ...

DMCI Q1 earnings decline 26%
BusinessWorld - 2019-05-16
DMCI Homes is planning to launch more projects this year. DMCI Holdings, Inc. saw its attributable profit decline by a fourth in the first three months of 2019, weighed down by lower earnings from Semirara Mining and Power Corp. (SMPC). In a regulatory ...

Remembrances of ska past
BusinessWorld - 2019-05-16
According to her, back then former Skalawags and The Jerks bassist Edwin/Eisman Aguilar had a T-shirt printing and signage business in Pateros -- and helped former Put3Ska keyboardist Bing Austria start a tie-dye business, hand-painting their works on kurtas.

Aboitiz Construction sees new projects generating 4,000 jobs
BusinessWorld - 2019-05-16
In a statement Thursday, the construction firm said it needs more workers to meet job orders and contracted projects for both its local and international clients ... and supply chain operations given the number of government infrastructure projects.

Square Spends $20 To Acquire Each New Cash App User
International Business Times - 2019-05-16
Square's (NYSE:SQ) Cash App has grown to become a meaningful contributor to the company's top-line growth. The peer-to-peer payments app turned financial multitool is the No. 1 driver of its subscription and services segment, management said at the J.P ...

Five U.S. states sue Purdue Pharma over marketing, selling of opioids
Reuters - 2019-05-16
(Reuters) - Five U.S. states on Thursday filed lawsuits accusing Purdue Pharma LP of illegally marketing and selling opioids, including OxyContin, contributing to a nationwide epidemic. Iowa, Kansas, Maryland, West Virginia and Wisconsin joined 39 other ...

89 drivers test positive in surprise drug screening nationwide
Philippine Daily Inquirer - 2019-05-16
MANILA, Philippines -- Eighty-nine drivers across the country tested positive for illegal drug use on Thursday after simultaneous surprise drug tests on truck drivers were conducted in major ...

New York Mayor Bill de Blasio announces presidential bid
Philippine Daily Inquirer - 2019-05-16
NEW YORK, United States -- New York Mayor Bill de Blasio said Thursday he will seek the 2020 Democratic presidential nomination, despite a panning by US media and polls which suggest he faces a ...

It's Not Just Salt, Sugar, Fat: Study Finds Ultra-Processed Foods Drive Weight Gain
NPR - 2019-05-16
Over the past 70 years, ultra-processed foods have come to dominate the U.S. diet. These are foods made from cheap industrial ingredients and engineered to be super tasty and generally high in fat, sugar and salt. The rise of ultra-processed foods has ...

Manila City Mayor-elect Isko Moreno has nothing against Erap Estrada
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- Manila City Mayor-elect Francisco "Isko Moreno" Domagoso cleared the air with political rival, outgoing mayor Joseph "Erap" Estrada. "I think I have ...

DTI sees 10 business-to-business deals signed during Japan visit
BusinessWorld - 2019-05-16
President Rodrigo Duterte with DTI Sec. Ramon Lopez and Former President and Pampanga Congresswoman Gloria Macapagal-Arroyo view the exhibit during the "MSMEs 2018 Summit at Clarkfield, Pampanga Province on July 10, 2018. -- PHILIPPINE STAR/KJ ROSALES ...

Received election returns now around 20% -- PPCRV
Philippine Daily Inquirer - 2019-05-16
MANILA, Philippines -- The Parish Pastoral Council for Responsible Voting (PPCRV) on Thursday said they have so far received around 20 percent of the physical copies of election returns nationwide.

Grenade blast, classroom burned in Zambo Sur
philstar.com - 2019-05-16
ZAMBOANGA CITY , Philippines -- A grenade exploded while a classroom used as a storage for defective vote counting machines was burned in San Pablo, Zamboanga del Sur before midnight yesterday. Brig. Gen. Emmnuel Luis Licup, Zamboanga peninsula police ...

Nancy Binay confident of 12th spot in Senate poll race
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- Senator Nancy Binay, who is seeking a second term, on Thursday expressed confidence that she has locked in the 12th and final seat in the senatorial race.

Philippines withdraws top diplomats from Canada over trash row
Business Insider - 2019-05-16
MANILA (Reuters) - The Philippines is withdrawing top diplomats from Canada after Ottawa missed a deadline to take back 69 shipping containers full of trash, the latest move in a long-running row stoked by threats from Manila's outspoken president.

PPCRV granted access to audit logs amid delay of poll results' release
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- The Commission on Elections (COMELEC) has granted its citizen arm access to transparency server audit logs in the wake of a delay in the release of ...

PPCRV granted access to audit logs amid delay of poll results' release
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- The Commission on Elections (COMELEC) has granted its citizen arm access to transparency server audit logs in the wake of a delay in the release of ...

PH growth boost seen as BSP orders 3-stage bank reserve cut
Inquirer - 2019-05-16
MANILA, Philippines -- The central bank on Thursday moved to release more liquidity into the Philippine financial system amid an environment of declining inflation and lower economic growth in ...

Asian stocks mixed on trade jitters, reported tariff delay
Inquirer - 2019-05-16
TOKYO - Asian shares were mixed Thursday amid worries over trade tensions, leavened by media reports that President Donald Trump may delay a decision on auto tariffs. On Wall Street, a promising ...

Dela Rosa dominates Senate race in overseas voting in Taiwan
Philippine Daily Inquirer - 2019-05-16
MANILA, Philippines -- Ronald "Bato" dela Rosa led the Senate race in overseas absentee voting (OAV) in Taiwan, as shown in the certificate of canvass (COC) released by the Commission on ...

Duterte headed to Japan end of May
Rappler - 2019-05-16
MANILA, Philippines - Philippine President Rodrigo Duterte will ... The Future of Asia forum will take place May 30 to 31 in Tokyo. The forum is organized by Nikkei. Malaysian Prime Minister Mahathir Mohamad, Laos Prime Minister Thongloun Sisoulith ...

Do not underestimate Bato, Palace tells critics
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- Malacañang on Thursday said senatorial bets should not be underestimated for their lack of formal legal background. Presidential spokesperson Salvador ...

6 PH companies among Forbes list of the world's largest public companies
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- Six Filipino businesses made it to an international business magazine's list of the largest companies in the world. Forbes Magazine's Global 2000https ...

Chico River irrigation project lacks NCIP nod, commissioner says
philstar.com - 2019-05-16
BAGUIO CITY, Philippines -- The National Commission on Indigenous Peoples has called for a temporary stop to the Chinese-funded $4.3B Chico River Pump Irrigation Project along the boundary of Pinukpuk, Kalinga and Tuao, Cagayan, a commissioner said.

East West nets P1.29B in Q1 2019
Philippine Daily Inquirer - 2019-05-16
MANILA, Philippines -- Gotianun-led East West Bank grew its first quarter net profit by 36 percent year-on-year to P1.29 billion on higher fee-based income, foreign exchange and trading gains.

Sotto sees opening for death penalty revival in next Senate
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- With more candidates backing the restoration of the death penalty seen entering the next Senate, Senate President Vicente "Tito" Sotto III sees a ...

Sotto sees opening for death penalty revival in next Senate
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- With more candidates backing the restoration of the death penalty seen entering the next Senate, Senate President Vicente "Tito" Sotto III sees a ...

PH borrows ?19B from Chinese investors via bond float
CNN Philippines - 2019-05-16
Metro Manila (CNN Philippines, May 16) -- The Philippine government borrowed more money from the Chinese, this time by issuing new debt papers to investors. The Bureau of the Treasury said its ...

US bans Huawei from selling telecom gear and threatens its supply chain
CNN Philippines - 2019-05-16
(CNN) -- President Donald Trump signed an executive order on Wednesday barring U.S. firms from using telecom gear from sources the administration deems national security threats. The decision ...

Cruise ship with 2,500 Chinese tourists docks at Subic Bay
Philippine Daily Inquirer - 2019-05-16
SUBIC BAY FREEPORT -- An Italian-flag cruise ship carrying mostly Chinese tourists arrived in this free port on Thursday. MV Costa Atlantica docked at the Alava Wharf here at 6:15 a.m. This is ...

PPCRV gets hold of 12% of paper election returns
Philippine Daily Inquirer - 2019-05-16
MANILA, Philippines -- The Parish Pastoral Council for Responsible Voting (PPCRV) has received 12 percent of nationwide physical election returns (ERs) set for validation, an official of the ...

Poll cleanup: 7 truckloads of trash hauled
philstar.com - 2019-05-16
MANILA, Philippines -- The Metropolitan Manila Development Authority (MMDA) has collected at least seven truckloads of discarded campaign materials in the metropolis. Francis Martinez, chief of the MMDA Parkway Clearing Group, said a total of 23.42 tons ...

Key Executives for IBM Daksh Business Process Services Philippines, Inc.
Bloomberg L.P. - 2019-05-16
The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence ...

Megawide 1st quarter profit drops 49% to P239M
Philippine Daily Inquirer - 2019-05-16
MANILA, Philippines -- Construction firm Megawide Construction Corp. posted an attributable net profit of P239.25 million in the first three months, down by 49.6 percent year-on-year due to a ...

Duterte allies in Senate seen approving more economic reforms
Philippine Daily Inquirer - 2019-05-16
As the Duterte administration pursues a total of seven packages under its comprehensive tax reform program, Capital Economics said the pending second package on corporate income taxation dubbed as ...

Our islands are our treasures
philstar.com - 2019-05-16
Right after our Tourism Summit, I took some of my friends who are entrepreneurs, and their families, to explore the Philippine islands so that they could see first-hand the unique potential of our tourism industry. Every summer, for the past 20 years, I ...

Opportunities for deals in an escalating trade war
philstar.com - 2019-05-16
In the US, unemployment is at one of its lowest levels, and while farmers are not happy about the possibility of losing their Chinese market, they are optimistic that this is a short-term bitter pill to get China to reform its unfair business practices.

Wilcon grows Q1 profit to P484M
Philippine Daily Inquirer - 2019-05-16
Leading home improvement and construction supply retailer Wilcon Depot grew its first quarter net profit by 18.2 percent year-on-year to P484 million as sales volume and margins expanded despite ...

Local stocks continue to weaken
Philippine Daily Inquirer - 2019-05-16
On the other hand, Bloomberry gained 5.58 percent while sister firm ICTSI added 3.89 percent. BDO Unibank gained 1 percent while San Miguel Corp., which recently won the bid to take over market ...

Jollibee Q1 net profit drops 14.7% to P1.53B
Philippine Daily Inquirer - 2019-05-15
Homegrown fast-food giant Jollibee Foods Corp. (JFC) saw a 14.7-percent drop in attributable first quarter net profit to P1.53 billion, weighed down by losses incurred by American subsidiary ...

ACT-CIS party-list group keeps lead in Comelec count
Philippine Daily Inquirer - 2019-05-15
MANILA, Philippines -- The Anti-Crime and Terrorism Community Involvement and Support (ACT-CIS) party-list group, which is supported by radio personality Erwin Tulfo, continued to dominate the ...

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