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Asia stocks sink after Wall Street's Christmas Eve plunge
CNN Philippines - 2018-12-26
(CNN) -- Wall Street's Christmas rout has spilled into Asia. Japan's Nikkei plunged about 5% on Tuesday, dragging it down to its lowest level in more than a year. In China, the Shanghai ...

SM Prime upbeat on mall business
BusinessWorld - 2018-12-26
SM Prime Holdings, Inc. remains upbeat on its shopping mall business, noting that the country is not facing an oversupply of malls yet. SM Supermalls Chief Operating Officer Steven Tan called the retail sector "very vibrant," citing the shopping mall ...

Work on Naia upgrade to start Sept next year
Inquirer - 2018-12-26
The original offer included a provision for a brand-new runway on reclaimed land in Manila Bay to support ... Global Group Inc., Asia Emerging Dragon, Filinvest Development Corp, JG Summit ...

Yearender: Government fails to meet PUV modernization targets -- LTFRB - 2018-12-25
MANILA, Philippines -- The government was unable to meet its targets this year for its ambitious Public Utility Vehicle Modernization Program (PUVMP), the head of the Land Transportation Franchising and Regulatory Board (LTFRB) said. LTFRB Chairman Martin ...

More efficient payment schemes seen with NPSA
Inquirer - 2018-12-25
The Philippines will have a more secure infrastructure for electronic financial transactions with the enactment of the National Payment Systems Act (NPSA), which also designated the central bank ...

DENR sees better year for mining in 2019
Inquirer - 2018-12-25
Environment Undersecretary Analiza Teh told the Inquirer that the passage of the Tax Reform for Attracting Better and High-quality Opportunities (Trabaho) bill, which will craft a new fiscal ...

Aboitiz unit eyes bond issue to fund expansion projects
Inquirer - 2018-12-25
Conglomerate Aboitiz Equity Ventures (AEV) may return to the local bond market this year to fund part of its capital spending budget that may reach around P50 billion, mostly for power, water and ...

Manulife, China Bank unit launches new fund
Inquirer - 2018-12-25
Manulife China Bank Life Assurance Corp. (MCBL), the bancassurance venture between Manulife and China Bank, has rolled out a new variable life insurance fund that allows investors to participate ...

NAIA Consortium proposal to reach NEDA soon - 2018-12-25
MANILA, Philippines ... facility and a regional air transport hub by upgrading its airside, landside and air navigation support -- building on the gains already achieved by the DOTr in terms of improving the traffic of aircraft movements on its ...

Former Pasay Rep. Lorna Verano-Yap dies at 67
Philippine Daily Inquirer - 2018-12-25
Former Pasay Rep. Lorna Verano-Yap -- who occupied her seat at the House of Representatives from 1987 to 1992 -- died on Christmas Day 2018 at the age of 67. Her children -- Issandra V.

Report: ISS Hole Drilled From the Inside, Cosmonaut Says
YAHOO! - 2018-12-25
Russian cosmonaut Sergei Prokopyev said that the mysterious hole in a Soyuz capsule docked to the International Space Station was drilled from the inside, according to the Associated Press. Prokopyev was one of two cosmonauts who inspected the hole during ...

Bitcoin Private Denies Fraud Allegations and Calls for Halt to BTCP Trading
Yahoo Finance - 2018-12-25
Bitcoin Private has confirmed the allegations made by CoinMetrics, reported by CCN yesterday. Calling them "mathemetically accurate," the development team says that no one on their team knows ...

Smoke-free Baguio economic zone campaign launched - 2018-12-25
MANILA, Philippines -- The Department of Health, Philippine Economic Zone Authority (PEZA) and World Health Organization (WHO) have partnered to stop smoking at the Baguio City Economic Zone (BCEZ). The three agencies recently launched a campaign dubbed ...

Best Longforms of 2018
Mashable - 2018-12-25
It's the holidays. You're on the couch. Or in an Uber. Or walking while looking at your phone. And you're scrolling. You're bored and you're looking on Instagram and Twitter for something to click on.

Elections could hinder fiscal reforms -- Nomura
BusinessWorld - 2018-12-25
Package two, which aims to reduce corporate income tax rates and revamp the existing scheme for tax incentives and other fiscal perks, recently hurdled the House of Representatives and is now under Senate deliberation. "This implies that the remaining ...

PHL social protection spending falls below intl standard-PIDS
BusinessMirror - 2018-12-25
The national government (NG ... according to a study released by the Philippine Institute for Development Studies (PIDS). In a study titled "A Public Expenditure Review of Social Protection ...

US holiday shopping roars to a close amid shutdown, stock rout
BusinessMirror - 2018-12-25
Traditionally, luxury outperforms in the weekend before Christmas. "A combination of getting the weekly business wrap-ups on Saturday and then getting the news on government shutdowns" were ...

3 Lopez companies cited at ASR Rating 2018
BusinessMirror - 2018-12-25
Conglomerate First Philippine Holdings (FPH) was awarded the platinum rank, while its subsidiary, leading clean power company First Gen Corp., bagged the silver rank. Geothermal leader Energy ...

AEV to spend up to P60 billion next year, to boost power assets
BusinessMirror - 2018-12-25
for both the holding company, AEV, and Aboitiz Power Corp. The last time AEV tapped the debt market was in 2015, but AboitizPower still has P17 billion remaining in its shelf registration with the ...

PLDT ready to supply surge for home broadband in PHL
BusinessMirror - 2018-12-25
PLDT Inc. is well equipped to accommodate the expected surge in demand for home broadband across the Philippines, after effectively beefing up its fixed line network capacity throughout 2018.

Alorica PHL workers accuse management of union busting
BusinessMirror - 2018-12-25
Prestoza is also an officer of BIEN, an organization promoting labor rights in the information technology-business process outsourcing (IT-BPO) industry in the Philippines. AP made the decision ...

Creation of local nuke regulatory body hurdles second House reading
BusinessMirror - 2018-12-25
The measure aims to provide a legal framework that shall adequately protect the public health and safety, as well as the environment against the adverse effects of ionizing radiation. It shall ...

AEV allots up to P60-billion capex for 2019
BusinessWorld - 2018-12-25
ABOITIZ EQUITY Ventures, Inc. (AEV) is looking to allocate up to P60 billion to fund the expansion of its power, food, banking ... Mr. Lozano noted the company has only spent about three-fourths of this budget, since some projects have spilled over ...

Security Bank sees growth in lending as rates stabilize
BusinessWorld - 2018-12-25
SECURITY BANK Corp. expects its lending business to continue growing as the central bank is seen to take a pause in its interest rate hike cycle amid normalizing inflation. "We expect loan growth to continue while nonperforming loan (NPL) ratios will ...

Robinsons Bank expects 32% rise in assets
BusinessWorld - 2018-12-25
Mr. Sarte added that demand for loans in both the corporate and retail segments will continue to be robust on the back of strong economic growth, with gross domestic product growth expected to be at a 6% level and inflation seen to decelerate.

Online budget hotel marketplace expanding in PHL
BusinessWorld - 2018-12-25
RedDoorz also handles customer feedback, pricing, and sales for the property owners, allowing them to focus on the business. "The kind of technology that we have that we provide our partners have them to save a lot of time on daily chores and gives an ...

PHL chocolate maker sets sights on overseas market
BusinessWorld - 2018-12-25
We also offer them basic business admin training, creation of organic farming inputs as well as improving on their own cacao and chocolate products so that they are able to treat their farms as a business and continuously generate revenue through out the ...

Gunmen storm foreign ministry in Tripoli
CNN Philippines - 2018-12-25
10 others were injured in the morning attack, the Health Ministry said. Gunfire was exchanged with the guards outside the building while one of the gunmen is believed to have gone to the top floor ...

The first 33 apps you should download for your new iPhone
Business Insider - 2018-12-25
Deciding which apps to download from Apple's App Store can be daunting, especially when you have a new phone. After all, there are millions of apps choose from. We've rounded up 33 of the best apps you should download first on your iPhone. There are some ...

Amazon just expanded their fleet to 50 aircraft -- and it shows that FedEx and UPS is starting to lose one of their biggest customers
Business Insider - 2018-12-25
Amazon Air announced Friday it will add 10 more planes to its cargo aircraft fleet over the next two years. Those planes are Boeing 767-300 aircraft leased from Air Transport Services Group, which Amazon says is already leasing 20 planes. That will bring ...

Smart Sensors The Size Of Dust Particles Are Blowing In
Forbes - 2018-12-25
Computers as small and light as particles of dust are moving out of the realm of science fiction, according to a recent Wall Street Journal story. It changes what is possible in computing. It opens up new investment opportunities. It is already possible ...

The Under-$30 Skin-Care Launches You Need To Buy In 2019
YAHOO! - 2018-12-25
In 2017, the consumer and retail research firm NPD Group reported that, after years of being the most slept-on category in beauty, skin care was making a huge comeback. Skin-care sales rose again in 2018, a significant 13% increase from the year prior ...

12 sad Christmas songs for your inner emo kid
Mashable - 2018-12-25
Mashable is a global, multi-platform media and entertainment company. Powered by its own proprietary technology, Mashable is the go-to source for tech, digital culture and entertainment content ...

Bill raising minimum age to buy cigarettes hurdles committee
BusinessWorld - 2018-12-25
THE House Joint Committee on Health and Trade and Industry approved the bill increasing the minimum age to buy tobacco products to 21 years from the current 18. "They wanted to raise to 21 years old because the brain is still developing during the ...

Conditional cash transfer bill reported out of committee makes it to Senate plenary
BusinessWorld - 2018-12-25
They can also avail of livelihood and skills training programs of the DSWD and the ... The NAC is composed of representatives from the DSWD, Department of Health (DoH), Department of Education (DepEd), National Anti-Poverty Commission (NAPC), National ...

Senate working on resolving data transmission bill issues
BusinessWorld - 2018-12-25
It has been identified by the Legislative Executive Development Council (LEDAC) as a priority measure. Foreign business groups have been calling for several proposed measures filed in Congress, including the Open Access in Data Transmission bill ...

Top 10 economic news of 2018
BusinessWorld - 2018-12-25
This list and analysis is more focused on East Asia but a brief discussion of the US and global economy is also made. Here we go. 1. Despite rising world oil prices, US interest rates, and other external factors, the inflation rate in the region is ...

The Marawi Relief Effort: $408-million ADB support for a city in need of rebuilding
BusinessWorld - 2018-12-25
MARAWI, PHILIPPINES -- Somewhere in this war-torn city ... In September last year, she moved into a shelter in Sangonsongan and started sixth grade at a temporary school nearby. She likes to be around other kids, but life in the shelter has been challenging.

The Russian Military's Big 'Guns' Are Getting a Big Upgrade in 2019
YAHOO! - 2018-12-25
As the Russian Ministry of Defense announced last week, "In 2019, the 2S42 Lotos 120mm self-propelled artillery gun and the Zavet-D artillery fire control vehicle will enter final state trials before they are accepted as the armament of the Airborne Force.

PNP: Christmas celebration in 2018 safer than in past
Philippine Daily Inquirer - 2018-12-25
MANILA, Philippines -- The Christmas celebration of 2018 turned out to be more peaceful and safer compared to previous years, according to numbers released by the Philippine National Police (PNP ...

DFA warns Filipinos in Libya after suicide bombing
Global Nation - 2018-12-25
MANILA, Philippines -- The Department of Foreign Affairs (DFA) on Tuesday asked the Filipino community in Tripoli, Libya to be vigilant following a suicide bombing there. DFA said Filipinos must ...

Japan court OKs bail for Nissan exec in Ghosn case
Inquirer - 2018-12-25
TOKYO -- A Japanese court approved a bail request Tuesday for Nissan Motor Co. executive Greg Kelly, who was detained and charged with underreporting the income of his boss, former Nissan ...

Cancer Scare Turns Into Pregnancy News, Expecting Mother Calls It 'Miracle Baby'
International Business Times - 2018-12-25
A woman who was worried about her swollen belly and nausea went to the doctor, suspecting she had cancer. The test, however, revealed that she was 17 weeks pregnant. The shocked father called this a "miracle baby," and started preparing for what will ...

At least 3 dead in attack on Libya foreign ministry
Rappler - 2018-12-25
TRIPOLI, Libya - At least three people were killed and 10 wounded in an attack on Tuesday, December 25, on the Libyan foreign ministry in Tripoli, according to an updated toll from the health ministry. A civil servant who headed a department in the ...

Teen Bedridden After Doctors Misdiagnose Rare Condition With Eating Disorder
International Business Times - 2018-12-25
A 19-year-old girl is in a critical condition and bedridden in a hospital after doctors allegedly misdiagnosed her rare condition for an eating disorder. Caitlin White from Perth, Scotland, is suffering from a rare condition called cyclical vomiting ...

Globe, PAL welcome returning OFWs with special Christmas treats
CNN Philippines - 2018-12-25
Metro Manila (CNN Philippines, December 25) -- Globe Telecom, Inc., together with Philippine Airlines (PAL), gave a special homecoming to returning Overseas Filipino Workers (OFWs) and their fami ...

Tropical Depression Usman enters PH
CNN Philippines - 2018-12-25
Metro Manila (CNN Philippines, December 25) -- A new weather condition being watched by the the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) has entered ...

A Policy Knot Leaves Oklahomans From Marshall Islands Struggling To Get Health Care
NPR - 2018-12-25
The prairie town of Enid, Okla. -- population 50,122 -- is best known as the state's "wheat capital." Enid is also home to a community of around 2,000 people who were born in the Marshall Islands. Most are low-income and struggling to get health care.

PACC chair presses Congress, Duterte to revive death penalty
Philippine Daily Inquirer - 2018-12-25
MANILA, Philippines --Presidential Anti-Corruption Commission (PACC) chair Dante Jimenez has challenged Congress to pass the bill reimposing death penalty for heinous crimes following the murder ...

Cebu Pacific resumes fare sale at Christmas noon - 2018-12-25
MANILA, Philippines -- Budget carrier Cebu Pacific on Tuesday, December 25, said its fare sale resumed at Christmas noon. In an 11:45 a.m. advisory, the airline said seats are still up for grabs for flights across domestic destinations such as Cebu ...

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