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Corporate Governance Paradigm under the Corporation Code of the Philippines
BusinessWorld - 2019-02-11
Boards of Directors have no power by mere exercise of their Business Judgment, to provide for their own ... In Grace Christian High School v. Court of Appeals, our Supreme Court held that a by-law provision or company practice of giving a stockholder ...

Duterte wishes to see Abe anew
Global Nation - 2019-02-11
President Rodrigo Duterte on Saturday conveyed to visiting Japanese Foreign Minister Taro Kono his wish to see Prime Minister Shinzo Abe again to discuss "shared concerns" and ways to improve ...

PH posts 4th straight month of weaker long-term investment inflows
Inquirer - 2019-02-11
Long-term equity capital entering the Philippines from overseas slowed for the fourth straight month in November 2018--a trend that reversed the record-high investment levels reported earlier ...

BDO widens SME reach with Bulacan rural bank purchase
Inquirer - 2019-02-11
Ltd. Osmanthus has been helping ONB in developing a framework for its micro/small and medium enterprise (MSME) lending business, leading to the establishment of the initial pilot test sites before ...

SM Prime profit hits record P32.2B
Inquirer - 2019-02-11
The commercial properties and the hotels and convention centers business segments contributed a combined revenue growth of 18 percent in 2018, mostly attributed to the opening of ThreeE-Com Center ...

AC Energy, Phinma Group finalize P6-billion power deal
philstar.com - 2019-02-11
In separate disclosures yesterday, Ayala Corp. and Phinma Corp. said they signed the investment agreement last Friday for the acquisition of the 51.48 percent stake in Phinma Energy Corp. by AC Energy. AC Energy will also subscribe to approximately 2.632 ...

Lilt is building a machine translation business with humans at the core
TechCrunch - 2019-02-11
The ability to quickly and automatically translate anything you see using a web service is a powerful one, yet few expect much from it other than a tolerable version of a foreign article, menu, or ...

A Chinese Groupon On Steroids Seeks To Raise $1.1 Billion-Plus Just 6 Months After NY IPO
Forbes - 2019-02-11
Chinese social commerce upstart Pinduoduo is seeking to net $1 billion-plus, just six months after the Tencent-invested shopping app raised $1.6 billion on Nasdaq and just three years after its start in 2015 with initial funding from venture firm ...

Department of Transportation finalizing rules for Angkas pilot run
philstar.com - 2019-02-11
MANILA, Philippines -- The Department of Transportation (DOTr) is in the process of finalizing details for a pilot run of motorcycle ride-hailing app Angkas, in compliance with a proposal made by a House of Representatives panel, an official said yesterday.

Measles deaths hit 70, but vaccine trust returning
philstar.com - 2019-02-11
MANILA, Philippines -- With 70 deaths, the Department of Health (DOH) yesterday said the measles outbreak in the country is not yet under control. But the public seems to be regaining trust in vaccination, Health Secretary Francisco Duque III said.

Reddit gets a $150 million investment from Tencent and users are posting memes to mock the deal
The Verge - 2019-02-11
Reddit has received a $150 million investment from Tencent, the Chinese tech giant behind WeChat and League of Legends, sparking fears of censorship from Reddit users. The investment was first rumored last week, and led to Reddit users posting photos and ...

Epix launches a $6 per month streaming service offering 4K video and offline access
TechCrunch - 2019-02-11
MGM-owned Epix is joining other premium networks like HBO, Showtime, and Starz with the launch of its own, over-the-top streaming service aimed at cord cutters. The service, called Epix Now ...

Pennsylvania might slap a 10% tax on violent video games, but the industry says the proposed law is fundamentally flawed
Business Insider - 2019-02-11
Pennsylvania lawmakers are considering a bill that would slap a 10% tax on video games that are rated Mature or Adults Only by the Entertainment Software Rating Board (ESRB). Rep. Christopher Quinn submitted House Bill 109 to the state's General Assembly ...

Psilocybin--A.K.A. Shrooms--Could Become the Next Legalized Drug
YAHOO! - 2019-02-11
Twenty-nineteen could be the Year of the Magic Mushroom. In Colorado and Oregon, efforts are currently underway to get voters acquainted with and in support of psilocybin, the compound that makes magic shrooms, well, magical. Research has begun, and the ...

Google is poaching Qualcomm and Intel engineers for its new chip design team
The Verge - 2019-02-11
Google is expanding its efforts to design its own smartphone and data center chips by building a new team of engineers dedicated to the project in Bengaluru, an up-and-coming semiconductor site in the capital of the south Indian state of Karnataka ...

A power shift is happening in the streaming TV market, and it could have brutal consequences for AT&T and Dish
Business Insider - 2019-02-11
There is a power shift underway in the live TV streaming world, with bundles launched by Hulu and YouTube continuing to gain steam, even as the subscriber growth of similar packages launched by traditional pay-TV providers stall. In a report distributed ...

Reddit valued at $3 billion after raising $300 million in latest funding round
Reuters - 2019-02-11
(Reuters) - Social media network Reddit Inc said on Monday it raised $300 million in its latest funding round, led by Tencent Holdings Ltd, giving it a market valuation of $3 billion. The series D funding round saw a $150 million investment from Tencent ...

Explain absence from Manila Bay meet, mayors told
philstar.com - 2019-02-11
Año cited the writ of continuing mandamus issued by the Supreme Court (SC) on Dec. 18, 2008 ordering the DILG, DENR and 11 other agencies to rehabilitate Manila Bay. To ensure compliance with the SC order, the DILG directed LGUs to do their parts in ...

Apple Will Partner With Veterans Affairs to Make Medical Information More Accessible to U.S. Veterans
Fortune - 2019-02-11
Apple is expanding its move into the health care industry, thanks to a new partnership. The tech company announced Monday that it will partner with the U.S. Department of Veterans Affairs to make ...

Apple is so secretive that its contractors reportedly work at 'black sites,' named for confidential CIA bases
Business Insider - 2019-02-11
There's growing concern over Silicon Valley's two-tiered workforce: While some tech employees get to enjoy whimsical campuses, free or cheap gourmet lunches, and daily shuttles to work, others -- contractors who work not for a tech company but for a ...

NBI to re-autopsy slain Manila Police detainee
philstar.com - 2019-02-11
MANILA, Philippines -- The relatives of the detainee who was allegedly murdered in the Manila Police District (MPD) Station 7 met with officials of the National Bureau of Investigation (NBI) yesterday to request a parallel invesigation. Angela Bernardo ...

D.O.T. retains foreign visitors goal but likely to adjust local tourism figures amid upswing
BusinessMirror - 2019-02-11
On Sunday, the Philippines hosted a reception for Israeli tourism stakeholders, which included a B2B (business-to-business meeting) with their counterparts from the Philippines. The DOT has been ...

DOH reports 70 deaths due to measles
BusinessMirror - 2019-02-11
File photo of Health Secretary Francisco T. Duque III from CNN Philippines Health Secretary Francisco T. Duque III on Monday appealed to the public to "rebuild your trust and confidence in ...

Taho-throwing woman to stay in jail longer
CNN Philippines - 2019-02-11
Metro Manila (CNN Philippines, February 11) -- The Chinese woman who threw taho, or soy custard, at a policeman in a Metro Rail Transit station over the weekend may have to stay at the detention ...

Analyst expects more candidates to engage in digital campaigning
CNN Philippines - 2019-02-11
Metro Manila (CNN Philippines, February 11) -- A political analyst expects many candidates will engage more in digital campaigning this year. While many politicians have resorted to using ...

Duterte: I can choose whether to campaign
CNN Philippines - 2019-02-11
Metro Manila (CNN Philippines, February 11) -- President Rodrigo Duterte said he has the option to campaign for candidates in the upcoming elections. The President said this in his speech during ...

Palace defends Duterte's endorsement of Jinggoy Estrada, Imee Marcos in Senate race
CNN Philippines - 2019-02-11
Metro Manila (CNN Philippines, February 11) -- Government critics have questioned President Rodrigo Duterte's endorsement of senatorial candidates former Senator Jinggoy Estrada and Ilocos Norte ...

Nov. FDI net inflow down for 4 th month
BusinessWorld - 2019-02-11
Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines, Inc., attributed tempered foreign investment appetite to global jitters amid continuing Sino-US trade tensions. "Overall, it may have been the lingering negative sentiment about ...

In praise of P2Ps
BusinessMirror - 2019-02-11
We know of a top company executive who regularly takes a point-to-point (P2P) bus to get to his office, one from a terminal based in Eastwood in Libis, Quezon City, and another from Nuvali in ...

Bloomberry units ink P40-B loan deal for Quezon City casino-resort
BusinessWorld - 2019-02-11
The lenders include Philippine National Bank, BDO Unibank, Inc., Metropolitan Bank & Trust Company, Union Bank of the Philippines, Bank of Commerce, China Banking Corp., and Robinsons Bank Corp. BDO Trust and Investments Group acted as the security trustee ...

KPO sector to drive office demand this year -- Colliers
BusinessWorld - 2019-02-11
Parkway Corporate Center offers office space in Filinvest City, Alabang. TRADITIONAL offices and knowledge process outsourcing (KPO) providers are seen to sustain the demand for office spaces in 2019, although the delay of accreditations by the Philippine ...

Rediscount loans hit P14.5B in January
BusinessWorld - 2019-02-11
BANKS TAPPED the rediscount window of the Bangko Sentral ng Pilipinas (BSP) as the year opened, with the extra cash meant to support import payments and capital spending. Peso rediscount loans totalled P14.462 billion in January, coming from the P14.706 ...

BDO raises P35 billion from fixed-rate peso bonds
BusinessWorld - 2019-02-11
BDO UNIBANK, Inc. raised P35 billion from the issuance of fixed-rate peso bonds, which will be used to expand its business. The Sy-led bank listed the bonds, which will mature in a year and a half, at the Philippine Dealing System (PDS) in Makati City on ...

Half a Million Breast Cancer Deaths Avoided in Last 30 Years As a Result of Improved Treatment and Screening
Medscape - 2019-02-11
Progress in both detection and management of breast cancer may have saved the lives of hundreds of thousands of women over the past three decades, according to a new report. The cumulative number of breast cancer deaths that have been averted since 1989 ...

Apple iPhone sales in China fell by a fifth in fourth quarter: IDC
Reuters - 2019-02-11
(Reuters) - Apple Inc iPhone sales in China fell 20 percent year-on-year in the fourth quarter of 2018, while sales for smartphones made by home-grown rival Huawei soared by 23 percent, data from industry research firm IDC showed on Monday. The report is ...

8T health workers mobilized for measles prevention
Sun Star - 2019-02-11
FOLLOWING the declaration of a measles outbreak in Central Visayas, the Cebu Provincial Government directed at least 8,000 barangay health workers (BHWs) to intensify their house-to-house education campaign on vaccination. In an interview Monday, Feb. 11 ...

Sugar production estimate raised amid rising yields
BusinessWorld - 2019-02-11
THE Sugar Regulatory Administration (SRA) raised its estimate for sugar production for the crop year 2018-2019 to 2.79 million metric tons (MMT) from 2.225 MMT previously, with favorable weather producing higher yields. "As of week ending Jan. 27, we are ...

Duterte reiterates plan to reach out to Misuari
Philippine Daily Inquirer - 2019-02-11
BULUAN, Maguindanao -- President Rodrigo Duterte reiterated his desire to reach out to Moro leaders who campaigned against the new law that would give their former colleagues full expanded ...

How should HR gain business acumen?
BusinessWorld - 2019-02-11
The topic first, in my memory, came up with Professor Zayda Marquez at De La Salle-College of Saint Benilde. The question was why should human resource personnel have business acumen? Twenty years later, the same question is still raised. And, I am ...

Hoppler celebrates a year of progress
BusinessMirror - 2019-02-11
Self-titled realty-business owner Robert G. Sarmiento was conferred with the most prestigious Industry Leader Award. Traders may now earn Continuing Professional Development credits through ...

Ultrafine dust increases number of mental patients
Philippine Daily Inquirer - 2019-02-11
The tendency is especially predominant in warm rather than cold weather, when the level of air pollutants such as carbon monoxide are high, along with ultrafine dust. If air pollutants enter the ...

Sara slams Hontiveros: Stop criticizing, think of solutions to measles outbreak
Philippine Daily Inquirer - 2019-02-11
DIGOS CITY - Davao City Mayor Sara Duterte - Carpio turned the tables on Sen. Risa Hontiveros, who instead of offering solutions to the measles outbreak and the vaccination scare, is mrerely ...

Korea court allows import of sex dolls
Philippine Daily Inquirer - 2019-02-11
SEOUL -- The Seoul High Court ruled that the import of sex dolls should not be prohibited on grounds that that it corrupts public morals. In 2017, a company made an import declaration of a 159 ...

Philippines in fourth straight month of weaker long-term investment inflows
Inquirer - 2019-02-11
MANILA, Philippines - Long term equity capital ... steam and air conditioning supply; manufacturing; and real estate activities. Reinvestment of earnings rose by 9.5 percent to $61 million ...

T-bill rates rise on possible RTB sale
Inquirer - 2019-02-11
MANILA, Philippines - The Bureau of Treasury sold all P20 billion in T-bills it offered Monday amid robust demand even as rates rose across-the-board ahead of a possible retail treasury bond ...

70 die due to measles -- Department of Health
Journal - 2019-02-11
Regions with high reported cases are NCR (1,296 cases and 18 deaths) CALABARZON (1,086 cases and 25 deaths), Central Luzon (481 cases with 3 deaths), Western Visayas (212 cases and 4 deaths) and Northern Mindanao ... 2018 by London School of Hygiene ...

New retail technology aims to bring customers back to the store
Upi.com - 2019-02-11
Feb. 11 (UPI) --Imagine the grocery store of the future -- drones buzzing about, eyeballing shelves for out-of-stock or misplaced items. Customers using voice-activated assistants to shop and cash in personalized coupons. It's nearer than you might think.

San Miguel to advance payment to landowners affected by TPLEX
Inquirer - 2019-02-11
MANILA, Philippines - San Miguel Corp. (SMC) said Monday it will advance the payment to landowners for properties seized by the state between 2015 and 2017 for the Tarlac-Pangasinan-La Union ...

Palace stresses Duterte will not allow use of any gov't fund in poll campaign
CNN Philippines - 2019-02-11
Metro Manila (CNN Philippines, February 11) -- Malacañang on Monday reiterated President Rodrigo Duterte's stand that no government fund shall be used in support of or against any candidate ...

Poll bets reminded to take down prohibited campaign materials ASAP
CNN Philippines - 2019-02-11
Metro Manila (CNN Philippines, February 11) -- The Commission on Elections (Comelec) on Monday reminded candidates to immediately remove all prohibited campaign material before campaign period ...

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