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5 foreign firms, consortium of local banks eye Hanjin rehab
BusinessMirror - 2019-03-19
She said Hanjin claimed that it went bankrupt due to the slowdown of business and due to its heavy debt. She identified Rosario Sheryl Bernal, an expert on receivership who used to be with the ...

BPI Family expects double-digit growth in loan portfolio in 2019
BusinessWorld - 2019-03-19
THE THRIFT BANKING arm of Bank of the Philippine Islands (BPI) is expecting its loan portfolio to post double-digit growth this year on the back of increased consumer confidence amid more favorable economic conditions. BPI Family Savings Bank (BFSB ...

CPG income grows 72% to P1.1 billion in 2018
BusinessMirror - 2019-03-19
From being concentrated in high-rise residential properties, CPG undertook a business expansion program to diversify into allied areas of real estate. This diversification plan started five years ...

PHL franchising sector seen growing 25 percent this year
BusinessMirror - 2019-03-19
Franchise Asia Philippines overall Cochairman Chris Lim said the expo will feature over 700 franchise and other business opportunities. "We are also happy to announce that our expo this year ...

Novel Handheld Device Detects High-Risk HPV in 2 Hours
Medscape - 2019-03-19
HONOLULU -- A novel handheld device that incorporates artificial intelligence detects high-risk human papillomavirus (HPV) strains 16 and 18 within 2 hours and performs as well as biopsy, which can require 2 weeks for results to be returned. Another new ...

Sotto flags mixed signals from House on 2019 budget
philstar.com - 2019-03-19
MANILA, Philippines -- Senate President Vicente Sotto III on Tuesday flagged mixed signals from the House of Representatives on the likelihood that the lower chamber would recall its copy of the 2019 spending plan which senators claimed contained post ...

Authorities seize ?1.13-B worth of shabu in Ayala Alabang village
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- Authorities seized a total of 166 kilograms of high-grade shabu after a raid conducted in an exclusive village. The Philippine Drug Enforcement Agency ...

China Telecom keeps low profile as it enters Philippines
Nikkei Asian Review - 2019-03-19
The Chinese stake in the Philippines business ... involves the parent company in response to a question from the Nikkei Asian Review after the earnings conference. The Philippine Senate cleared ...

Authorities seize ?1.13-B worth of shabu in Muntinlupa village
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- Authorities seized a total of 166 kilograms of high-grade shabu after a raid conducted in an exclusive village. The Philippine Drug Enforcement Agency ...

Millennial mayoral bet to push for Pasig-wide healthcare system, freedom of information
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- Much has been said about political dynasties, but sometimes you just can't cruise through with just your family name. Pasig City Councilor and mayoral ...

Is Floyd Mayweather still in picture?
philstar.com - 2019-03-19
WBA welterweight champion Sen. Manny Pacquiao and undefeated Floyd Mayweather Jr. keep bumping into each other that fans are beginning to wonder if some unseen hand is moving to create those "accidental" encounters. And if that unseen hand belongs to ...

Is the Philippine Industrial Revolution forthcoming?
BusinessWorld - 2019-03-19
The prohibitive provisions relating to foreign investment of the 1987 Constitution, expensive power cost, inferior infrastructure and difficulty in doing business is one set of ugly reasons. All these have caused foreign manufacturers to invest in more ...

Rains to persist over Mindanao as 'Chedeng' weakens into LPA
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- Rains will continue in parts of Mindanao as the tropical depression formerly called "Chedeng" has weakened into a low pressure area (LPA) after hitting ...

You can now buy products directly on Instagram
CNN Philippines - 2019-03-19
(CNN) -- You can now buy the leather jacket you found while browsing Instagram on the app itself. On Tuesday, the photo-sharing platform announced a new checkout option that lets users purchase ...

Palace twits naysayers: Confidence strong in PH despite EJK tag
Philippine Daily Inquirer - 2019-03-19
MANILA, Philippines - Malacañang on Tuesday dismissed criticisms that alleged human rights violations in the Philippines have affected investor confidence in the country. Presidential ...

Government posts higher budget surplus over low spending in reenacted budget
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- The delayed 2019 budget is rearing its ugly head in the form of low spending that has resulted in a budget surplus in January - four times more that ...

Aspiring law students must take PhilSAT in September
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- The legal education system regulator said aspiring law students must take the Philippine Law School Admission Test (PhilSAT) scheduled in September ...

National law school admission test set in April
Philippine Daily Inquirer - 2019-03-19
It clarified that it is not covered by the temporary restraining order recently issued by the high court. "The administration of the Philippine Law School Admission Test on April 7, 2019 has not ...

Carbon prices remain stable despite El Niño
philstar.com - 2019-03-19
According to the state weather bureau, a weak El Niño is already present in the tropical Pacific. The Philippine Atmospheric, Geophysical, and Astronomical Services Adminsitration (PAGASA) noted that this natural event is likely to continue until June.

Poe: MWSS more liable for water shortage in Metro Manila
Philippine Daily Inquirer - 2019-03-19
MANILA, Philippines -- The Metropolitan Waterworks and Sewerage System (MWSS) is even more liable on the ongoing water shortage affecting thousands of people in Metro Manila and nearby areas ...

Firm pioneers wide-scale solar energy use in Clark
Inquirer - 2019-03-19
CLARK FREEPORT -- A 94-year old global company manufacturing casings for meat products has started operating on solar energy, the first in industrial scale here, according to the state-run Clark ...

DOH rolls out JE vaccine in 4 regions
Philippine Daily Inquirer - 2019-03-19
MANILA, Philippines -- The Department of Health (DOH) on Tuesday said it would offer Japanese encephalitis (JE) vaccine to children in four regions through an immunization program. According to ...

Comelec fears budget delay may impact 2020 barangay polls
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- The Commission on Elections (Comelec) said barangay or village polls next year may lack funds because of delays in the passage of the proposed 2019 budget.

MWSS to look into possibly penalty for Manila Water, rebate for affected customers
CNN Philippines - 2019-03-19
Ty apologized for his "failure to articulate" his point. He clarified that his office can slap penalties against Manila Water Company, Inc. for violating its mandate to provide water 24 hours a day.

MWSS clarifies: Manila Water can be penalized, but...
Philippine Daily Inquirer - 2019-03-19
MANILA, Philippines -- The Metropolitan Waterworks and Sewerage System (MWSS) on Tuesday clarified that it can indeed impose penalties on Manila Water Co. for its water service interruptions ...

Davao City offers free bus rides as heavy rains prevail over region
Philippine Daily Inquirer - 2019-03-19
The state weather bureau Pagasa said Chedeng, which had weakened to a low-pressure area, would still bring moderate to heavy rains that would cause flooding in some parts of the city and cause ...

Philippine Transport Regulator Rejects Go-Jek's Appeal for Ride-Hailing Licence
nytimes.com - 2019-03-19
MANILA -- The Philippines' transport regulator said on Tuesday it has ... chairman of the board, told Reuters. Go-Jek applied for a licence to operate in Manila in August through wholly owned subsidiary Velox. It was denied in January, as ride-hailing ...

Arroyo: House won't withdraw budget bill
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- The deadlock between the House and the Senate over the 2019 budget is still on, as Speaker Gloria Macapagal-Arroyo denied that the lower chamber will ...

NLEX to charge lower flat rates starting March 20
CNN Philippines - 2019-03-19
Metro Manila (CNN Philippines, March 19) -- Motorists using the North Luzon Expressway (NLEX) will shell out less cash starting March 20. A statement released by the NLEX Corporation Monday said ...

Apple unveils new iPad Air and iPad mini
CNN Philippines - 2019-03-19
(CNN) -- Apple on Monday quietly announced new versions of the iPad Air and iPad mini, the company's first refresh for those products in years. Typically Apple creates fanfare around the arrival ...

Phoenix Petroleum shareholders okay tie-up with CNOOC on planned LNG hub
BusinessMirror - 2019-03-19
Recently, Phoenix Petroleum and CNOOC signed a memorandum of understanding with state-owned firm Philippine National Oil Co. The MOU will allow the three companies to explore and discuss business ...

Palace: ICC prosecutors who come to probe Duterte to be deported
Global Nation - 2019-03-18
Yet it did, thus recognizing the status of the Philippines as a state party to the Rome Statute since 2011," De Lima said. University of the Philippines (UP) professor Elizabeth Aguiling ...

Supply of condo units tightening
Inquirer - 2019-03-18
The strong resurgence of the business process outsourcing (BPO) industry may soon lead to a shortage in Philippine Economic Zone Authority (Peza)-accredited office hubs in Metro Manila, Leechiu ...

Dovish Fed prompts PSEi jump near 7,900
Inquirer - 2019-03-18
The local stock barometer started the week on an upbeat mood, tracking a global rally on Monday as investors bet on a dovish rhetoric from the US Federal Reserve. The main-share Philippine Stock ...

BPI Invest US Equity Index Feeder Fund
Bloomberg - 2019-03-18
BPI Invest US Equity Index Feeder Fund is an open-end unit trust feeder fund incorporated in Philippines. The Fund's objective is to achieve returns that clo sely track the total return of the S&P ...

Underemployment, unemployment decline in January - PSA
Inquirer - 2019-03-18
MANILA, Philippines -- The number of Filipinos in the labor force who wanted more working hours or better jobs than what they have dropped to 15.6 percent in January, the government reported ...

Asian shares tumble on poor Chinese trade data
Inquirer - 2019-03-18
SINGAPORE - Shares tumbled Friday in Asia, led by sharp declines in Shanghai and Hong Kong, after China reported its exports plunged more than 20 percent in February from a year earlier.

PSEi increases 0.77% as foreign money flows in
Inquirer - 2019-03-18
JG Summit, Jollibee and RRHI all added over 1 percent. Metro Pacific, Ayala Corp., URC, AEV and RLC firmed up. Notable gainers outside the PSEi included San Miguel Food and Beverage, up by 2.04 ...

The Pentagon Wants to Test a Space-Based 'Particle Beam' by 2023
YAHOO! - 2019-03-18
The U.S. Department of Defense wants to test a directed energy weapon in space, one that it hopes will someday destroy ballistic missiles moments after launch. The weapon, a so-called neutral particle beam, would be boosted into space and tested from orbit ...

First Metro Save & Learn Fixed-Income Fund
Bloomberg - 2019-03-18
First Metro Save & Learn Fixed-Income Fund is an open-end mutual fund incorporated in the Philippines. The Fund's objective is to seek to provide as high a level of current income as is consistent ...

Walmart is getting rid of price-matching -- and customers are furious
Business Insider - 2019-03-18
Walmart stores will soon stop matching competitors' prices. The company is ending its app-based price-matching tool, called Savings Catcher, on May 14, Walmart confirmed to Business Insider on Monday. The tool automates the price-matching process by ...

From Bench to Bedside: ENDO 2019 Ties Science to Clinical Care
Medscape - 2019-03-18
ENDO 2019: The Endocrine Society Annual Meeting promises to bring scientific research and technology straight into the realm of clinical endocrinology practice, organizers say. The meeting takes place March 23-26 in New Orleans. "For clinicians, what ...

Apple unveils new iPad Air, iPad mini
Upi.com - 2019-03-18
March 18 (UPI) --Apple unveiled its new iPad Air and iPad mini Monday, adding keyboard and Apple Pencil support to both items for the first time. The 10.5-inch iPad Air and the 7.9-inch iPad mini became available for online ordering Monday and are expected ...

Former Physician At Rikers Island Exposes Health Risks Of Incarceration
NPR - 2019-03-18
As head of New York City's correctional health services, Dr. Homer Venters spent nine years overseeing the care of thousands of inmates in the jails on Rikers Island. Though he left Rikers in 2017, what he witnessed on the job has stayed with him.

Racing Against China, U.S. Reveals Details of $500 Million Supercomputer
nytimes.com - 2019-03-18
SAN FRANCISCO -- The Department of Energy disclosed details on Monday of one of the most expensive computers being built: a $500 million machine based on Intel and Cray technology that may become crucial in a high-stakes technology race between the United ...

ABF Philippines Bond Index Fund
Bloomberg - 2019-03-18
ABF Philippines Bond Index Fund is an open-end unit trust incorporated in the Philippines. The Fund's objective is to achieve investment results that closely match to the total return of the iBoxx ...

CORRECTION: Forget flying carpets, flying taxis are coming your way
YAHOO! - 2019-03-18
According to experts gathered this week at the South by Southwest festival in Austin, Texas, that is likely to happen sooner than later, with flying taxis expected to take to the skies by 2025. "People have been dreaming about it for decades on paper, and ...

Bureau of Immigration steps up drive vs trafficking of minors
philstar.com - 2019-03-18
MANILA, Philippines -- The Bureau of Immigration (BI) has stepped up its drive against the trafficking of Filipino minors to other countries. BI Commissioner Jaime Morente has tapped immigration officers at the Ninoy Aquino International Airport (NAIA ...

EDITORIAL - Dengue epidemic
philstar.com - 2019-03-18
From Jan. 1 to March 3 this year, the Department of Health recorded 40,614 cases of dengue nationwide, up from 24,231 cases during the same period last year. The DOH recorded 140 deaths since the start of the year due to hemorrhagic fever. Near the end of ...

For the CEO of the firm backing robos like Betterment and Stash the future of managing money could be more like ordering dinner from a restaurant
Business Insider - 2019-03-18
The future of managing money could be more like picking what you want for dinner at a restaurant than being locked into a specific service for years. That's the way Bill Capuzzi, CEO of Apex Clearing, sees the industry evolving. Instead of only offering ...

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