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Korea firm lone bidder for Malaya plant upkeep
philstar.com - 2018-10-03
MANILA, Philippines -- State-run Power Sector Assets and Liabilities Management Corp. has declared a Korean firm as lone bidder for the operation and maintenance of the 650-megawatt Malaya thermal power plant. Soosan ENS Co. Ltd. has offered P208.74 ...

Study: Wraparound services reduce health costs, hospital needs
Upi.com - 2018-10-03
Oct. 3 (UPI) --Providing nonmedical services in conjunction with primary care -- known as wraparound services -- resulted in a reduction in the number of hospitalizations and emergency room visits, according to a study of one system. Researchers studied ...

Customs exceeds collection target anew
philstar.com - 2018-10-03
MANILA, Philippines -- For the eighth straight month, the Bureau of Customs (BOC) once again hit its revenue goal last September, collecting P52.4 billion in tariff and duties amid higher import volume, weaker peso and improved enforcement. Preliminary ...

Term deposits fetch record yields
philstar.com - 2018-10-03
MANILA, Philippines -- Yields of term deposits rose across the board to hit a record high level anew ahead of the last rate-setting meeting of the Bangko Sentral ng Pilipinas (BSP) for the year wherein authorities are expected to take a "hawkish pause."

Bank presidents, CEOs bullish on industry outlook
philstar.com - 2018-10-03
"The results of the survey also show that majority of the banks use technology to address operational performance, internal controls, risk management, business continuity, compliance, customer experience, and client-based expansion," the BSP sai

Taiwanese caught with P20-million shabu
philstar.com - 2018-10-03
MANILA, Philippines -- Agents of the Philippine Drug Enforcement Agency (PDEA) have arrested a Taiwanese man who allegedly yielded P20 million worth of shabu during a sting in Ayala Alabang Village in Muntinlupa City. Jang Wen Jung, 72, was nabbed by PDEA ...

ADB invests $50 million in private equity fund focused on services
philstar.com - 2018-10-03
MANILA, Philippines -- The Asian Development Bank (ADB) is investing $50 million in a private equity fund focused on service-oriented companies in several Asian countries including the Philippines. The multilateral bank approved the investment in Creador ...

OFW killed by fellow Filipino in Jeddah
philstar.com - 2018-10-03
MANILA, Philippines -- A Filipino worker was stabbed dead by another Filipino in Jeddah, Saudi Arabia on Sunday, the Department of Foreign Affairs (DFA) said yesterday. A report from the Philippine Consulate General in Jeddah identified the fatality as ...

UCPB lends $13.3 million loan to ferry boat operator
philstar.com - 2018-10-03
MANILA, Philippines -- United Coconut Planters Bank (UCPB) has extended $13.3 million in loans to Archipelago Philippines Ferries Corp. (APFC) to finance the acquisition of two additional FastCat roll-on/roll-off (RORO) passenger ferries. The amount would ...

Local bargain hunters push up stock prices
philstar.com - 2018-10-03
MANILA, Philippines -- After plunging deeper into bear market territory on Tuesday, the stock market recovered yesterday, indicating that investors are again on a fighting stance and ready for some bargains. The benchmark Philippine Stock Exchange index ...

Emphasis on agriculture is survival call
philstar.com - 2018-10-03
When putting emphasis on the role of agriculture in the survival of the Philippines in the coming years, this often comes across as a challenge against the principles of free trade, or the free flow of food products among countries. Proponents of free ...

Manila Police identifies bomb threat pranksters
philstar.com - 2018-10-03
He said the suspects were behind the bomb threats at the Mapua University, Pamantasan ng Lungsod ng Maynila ... who was arrested last week in connection with the bomb scare at the National Teachers College. All the bomb threats turned out to be hoax.

First-of-its-kind study analyzes effects of video games on brain and body
CBS News - 2018-10-03
Colleges nationwide are spending millions of dollars developing esports programs and teams which students say help them pursue careers in coding and video game design. But as universities embrace this new generation of esport athletes, some worry too many ...

Job adjustments under the technology revolution: What will the tripartite social partners do?
BusinessMirror - 2018-10-03
Apart from the Security of Tenure (SOT) bill pending in Congress, two other major labor reform proposals await the government and its employer and union social partners. The first relates to the ...

House, Senate ratify bicam report on expanded maternity leave
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3) -- Both the Senate and the House of Representatives ratified the bicameral conference report on the expanded maternity leave Wednesday. The Expanded ...

The Teacher
BusinessWorld - 2018-10-03
Philip Ella Juico was Dean of the Graduate School of Business of De La Salle University from 2002 to 2008. He taught at the undergraduate, graduate, and doctoral programs of various colleges and universities in the Philippines and other Asian countries ...

Mandatory and coercive welfarism by private enterprises
BusinessWorld - 2018-10-03
then the state abuses its coercive power and this will result in negative, unintended consequences to society. In the Philippines, there are many new mandatory services, mandatory price discounts -- on top of existing ones -- proposed in Congress ...

Duterte inexplicably skips Pagcor event in Malacañang
Rappler - 2018-10-03
There were also times when Duterte skipped events because of a health concern. Presidential Spokesman Harry Roque is yet to respond to Rappler's request for comment. Medialdea also saw Rappler's message but did not reply. The day before, Duterte made two ...

Hospitals in Isabela, Baguio, La Union, and Bayombong up for expansion
BusinessWorld - 2018-10-03
SIMC will be placed "under the direct technical and administrative supervision of the Department of Health (DoH)," and its funding will be included in the annual General Appropriations Act. RA 11083 is intended to upgrade the services and facilities of ...

SMC invests in clean energy, to replace coal with rice husks
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3) -- San Miguel Corporation is making good on its promise to push for clean energy. In a statement, the diversified conglomerate announced it is looking at ...

CMO Collaborators Fill the Gap in the C-Suite to Drive Business Growth, Accenture Interactive Research Finds
Yahoo Finance - 2018-10-03
Combining unmatched experience and specialized skills across more than 40 industries and all business functions ... concentrated in India and the Philippines, which may expose it to operational ...

SWS: Net personal optimism at a 6-year low
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3) -- More Filipinos are pessimistic about their future, according to the latest survey by the Social Weather Stations (SWS). In its third quarter survey on ...

Bertiz rushed to hospital due to chest pains
CNN Philippines - 2018-10-03
In a security camera video posted on Facebook by a netizen, Bertiz, who was going through Ninoy Aquino International Airport (NAIA) security, appeared to have forcibly taken the ID of an airport ...

Trillanes to Guevarra: Learn to say 'no'
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3) -- Senator Antonio Trillanes IV on Wednesday met face-to-face with the head of the government agency that had asked the court to have him arrested.

Foreign affairs chief hits BBC for so-called 'anti-Duterte propaganda' documentary
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3 ... Johnson's report also shed light on Rappler, whose license to do business has been revoked under Duterte's term. The Securities and Exchange ...

AFP official: CPP recruits in Manila schools through martial law film screenings
CNN Philippines - 2018-10-03
University of the Philippines (Manila and Diliman), and the University of Santo Tomas. He said school boards may not be aware that the CPP is actively recruiting members from these schools.

Drilon dares Palace to file charges on oust-Duterte plot
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3) -- Senate Minority Leader Franklin Drilon on Wednesday challenged Malacañang to prove its claim that members of the opposition Liberal Party (LP) were ...

Resigned PCOO Asec Mocha Uson open to running in 2019 elections
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3) -- Mocha Uson has resigned from the Presidential Communications Operations Office (PCOO), but we may see more of her in the coming months, as she weighs ...

Facebook doesn't think hackers accessed third-party sites
CNN Philippines - 2018-10-03
(CNN Money) -- Facebook says it has not found any evidence "so far" that its attackers accessed third-party sites through Facebook Login. It's a sliver of good news about a massive data breach ...

Probe Lands On Ryugu Asteroid, In Latest Success For International Group
NPR - 2018-10-03
The MASCOT lander floated down to the surface of an asteroid hurtling through space, capturing photographs and other data, according to the German Aerospace Center. The lander sent a photo of its descent - showing its own shadow on the asteroid's surface.

Budget chief: PH to miss 2018 GDP target with high inflation
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3) -- The Philippines would no longer meet its target economic growth for 2018 due to high inflation, the Department of Budget and Management (DBM) said ...

Mocha Uson resigns as Communications Assistant Secretary
CNN Philippines - 2018-10-03
Metro Manila (CNN Philippines, October 3) - Communications Assistant Secretary Mocha Uson resigned from her post today. She made the shocking announcement during deliberations on the budget for ...

A free car for a good doer
philstar.com - 2018-10-03
Honda will continue to make innovations that will bring a new level of riding experience to our customers," said Jomel Jerezo, GM and department manager for Motorcycle Business Planning Department of HPI. With a starting price of P95,900, it is also ...

DOH gains more LGU health team partners
Philippine Information Agency - 2018-10-03
DOH Undersecretary Dr. Myrna Cabotaje calls for continuing partnership in ensuring a Philippine Health Care System that is responsive to the needs of the people in rural communities and underserved areas during the Municipal Leadership and Governance ...

Filipino pride at Mazda Fan Endurance Race
philstar.com - 2018-10-03
The Philippine flag flew proud at the Fuji International Speedway as a Filipino finished first in his class and fifth overall at the Mazda Fan Endurance Race at the Fuji International Speedway. Joey Almeda, a six-time endurance racing champion, represented ...

Not so merry Christmas
philstar.com - 2018-10-03
And President Duterte is listening to them. He may listen even more following that Social Weather Stations survey for the third quarter, which showed his approval rating rebounding slightly. Even if the results clash with the steep drops, attributed to ...

Typhoon #QueeniePH maintains strength, to bring rains to Visayas, Mindanao
CNN Philippines - 2018-10-02
Metro Manila (CNN Philippines, October 3) -- Rains will drench parts of Visayas and Mindanao as typhoon "Queenie" maintains its strength, weather officials said Wednesday. In its 3 a.m. update ...

Areas in Quezon City flooded after torrential rainfall surpassing 'Ondoy' record
philstar.com - 2018-10-02
In a 1:55 p.m. thunderstorm advisory, state weather bureau PAGASA said that heavy to intense rainshowers with lightning and strong winds would be experienced in Metro Manila, especially Caloocan, Malabon, Navotas, Valenzuela, Quezon City and Pasig ...

Tesla Model 3 deliveries top Wall Street expectations
Business Insider - 2018-10-02
Tesla delivered 55,840 Model 3 sedans in the third quarter, it said Tuesday, topping its guidance of 52,425 and Wall Street's expected 55,600.* Total vehicle deliveries came in at 83,500, also beating both the company's forecasts and analysts' expectations.

Foursquare picks up $33 million Series F investment
TechCrunch - 2018-10-02
Foursquare has today announced the partial close of a $33 million Series F financing, with $25 million already closed out and another $8 million inbound, according to the blog post. The round was ...

Coinbase is an $8 billion company, according to a reported new $500 million funding round
Business Insider - 2018-10-02
Coinbase is closing a deal that values the six-year-old cryptocurrency trading platform at $8 billion, Recode reports. According to Recode's sources the company is raising a $500 million funding round that will likely include existing investors and a new ...

CEOs from Mindshow, SVRF and TheWaveVR are talking social VR at TC Sessions: AR/VR
TechCrunch - 2018-10-02
With Facebook holding a dominant role in the VR space, one would think that the social networking implications are all taken care of, but for the time being it actually seems to be one of the best ...

A Small Planet With Big Implications
NPR - 2018-10-02
The discovery images of 2015 TG387 taken by an 8-meter telescope located atop Mauna Kea in Hawaii in October 2015. The images were taken about 3 hours apart. 2015 TG387 can be seen moving between images near the center while the much more distant stars and ...

Man arrested in Caloocan City for blackmailing teacher
philstar.com - 2018-10-02
MANILA, Philippines -- A man was arrested in an entrapment operation in Caloocan City on Monday for extorting money from a public school teacher and threatening to divulge his relationship with a former student. Jeric Gutierrez, 25, was arrested by ...

Rep. Aniceto Bertiz III to surrender NAIA access pass
philstar.com - 2018-10-02
MANILA, Philippines -- A party-list lawmaker caught on video bullying an airport screener said yesterday he is returning the access pass given to him by the Manila International Airport Authority (MIAA). ACTS-OFW party-list Rep. Aniceto Bertiz III was ...

Court orders Jovito Palparan moved to Bilibid Prison
philstar.com - 2018-10-02
MANILA, Philippines -- A Bulacan court has ordered the immediate transfer of convicted former Army major general Jovito Palparan Jr. from the custody of the Armed Forces of the Philippines (AFP) to the New Bilibid Prison (NBP) in Muntinlupa City, Justice ...

Go to public officials: Learn from Bertiz incident
philstar.com - 2018-10-02
MANILA, Philippines -- Special Assistant to the President (SAP) Christopher Lawrence "Bong" Go yesterday stressed that public servants must lead by example and that there is no room for special treatment among public employees under the Duterte ...

Anti-rabies protocol modified due to vaccine shortage
philstar.com - 2018-10-02
MANILA, Philippines -- The Department of Health (DOH) has modified its protocol in vaccinating people bitten by animals, particularly dogs, amid the global shortage of anti-rabies vaccines for humans. Health Undersecretary Eric Domingo said they decided ...

Business groups warn vs passage of bill banning contractualization
philstar.com - 2018-10-02
"A perusal of our existing laws already ensures the appropriate benefits, safeguards and policy environment for project, seasonal and contract workers," the groups said, noting these are provided in the Labor Code of the Philippines. The groups said ...

MMDA tows PNP vehicle
philstar.com - 2018-10-02
MANILA, Philippines -- The Metropolitan Manila Development Authority (MMDA) towed a Philippine National Police (PNP) service vehicle that was illegally parked in Quezon City yesterday. Bong Nebrija, MMDA supervising operations officer, said the PNP ...

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