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Garments industry, on the death throes?
BusinessMirror - 2018-09-19
The final report is on appeal. In her April 12 letter to COA Chairman Michael Aguinaldo, Margarita de la Rama, president of the Garments Business Association of the Philippines (GBAP), said the ...

A multi-sided rice crisis requires a holistic policy approach
BusinessMirror - 2018-09-19
The system of private sector rice importation, which means fuller control by the rice traders of the rice business, from buying the palay produce at home to the ...

Esports giant Riot Games lands major deal
BusinessMirror - 2018-09-19
It has formed a team to address diversity and inclusion, and recently brought in Frances Frei, a Harvard Business School professor who has also worked with Uber to improve inclusivity. It plans to ...

DOTr: Public transport should not be seen as means of livelihood
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- View public transport as a service rather than a business, a transport official said. Transportation Assistant Secretary Mark de Leon on Wednesday ...

Remitly seeks to gain 40% share of PHL remittance market by 2022
BusinessMirror - 2018-09-19
Its featured partners are Banco de Oro, Bank of the Philippine Islands, Metrobank, Philippine National Bank, M Lhuillier, Cebuana Lhuillier and LBC. Also part of this roster are SM Department ...

Remitly targets bigger share of local remittance market
BusinessWorld - 2018-09-19
Remitly may tap other countries for expansion, including some in Asia, she said. Remitly is working with BDO Unibank, Inc., Metropolitan Bank & Trust Co., M Lhuillier and Cebuana Lhuillier, but is still on the lookout for more partners, Mr. Nigro said.

CLI fully spent P2.15-billion IPO funds raised for expansion
BusinessMirror - 2018-09-19
The developer will soon launch another mixed-use property and a business district in Davao City. Soberano said CLI is "leading the VisMin market" and is now successfully marketing relevant ...

Government to push for investment in mini-power grids in 3-day forum
BusinessMirror - 2018-09-19
About 200 foreign and local investors and electric cooperatives are expected to participate in the Philippines Mini-grid Business-to-Business forum from September 20 to 22. The participants are ...

Phoenix Petroleum to freeze gas prices in calamity areas
BusinessMirror - 2018-09-19
PHOENIX Petroleum Philippines Inc. is implementing a price freeze on gasoline and diesel products in areas declared under a state of calamity (SOC) following the onslaught of Typhoon Ompong. This ...

Duterte belittles ex-COA commissioner
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- President Rodrigo Duterte hit back against a former Commision on Audit (COA) commissioner who called him out for discrediting the agency.

PH traffic may worsen, to cost ?5.4 billion daily - JICA
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- The economic cost of traffic congestion may rise. According to a study by the Japan International Cooperation Agency (JICA), the country is ...

Mining, Itogon and Lee Kuan Yew
BusinessWorld - 2018-09-19
An informal business tends to have informal physical structures in order to evade being noticed by government regulators as doing well, that way they can evade paying many taxes and business permits. The tragedy of the Itogon landslide in Benguet that ...

Age is definitely just a number
BusinessWorld - 2018-09-19
In other words, employees and workers should be treated equally in terms of compensation and benefits, performance management and promotion, training and ... and Organization Department of the Ramon V. Del Rosario College of Business of De La Salle University.

Cryptocurrency and Philippine retail
BusinessWorld - 2018-09-19
The distinction between early adopters and the early majority is important to define for it is the chasm that cryptocurrency now faces in the Philippines: How can we expand adoption of this technology ... Javelosa is an entrepreneur, financial literacy ...

Dolphins show they can cooperate to solve problems
Upi.com - 2018-09-19
Sept. 19 (UPI) --Dolphins can solve problems that require coordination, new research showed. The marine mammals can synchronize their actions to accomplish tasks and earn rewards. Trainers at the Dolphin Research Center in the Florida Keys coached pairs of ...

Philippines posts dollar inflow surplus in August
philstar.com - 2018-09-19
MANILA, Philippines -- Dollar inflows outnumbered outflows in the Philippines for the first time this year in August, helping boost the country's declining foreign reserves being used to stop the peso from plummeting. According to the Bangko Sentral ng ...

CHR 'already investigating' Mocha Uson, blogger sign language video
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- The Commission on Human Rights (CHR) said it is already investigating the controversial clip of Communications Assistant Secretary Mocha Uson and ...

Duterte: Let EDSA stay as it is
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- The President will no longer seek emergency powers to ease Manila's traffic woes, at least based on his latest speech. "Let EDSA remain as it is ...

Missing Filipino fisherman in West Philippine Sea rescued
philstar.com - 2018-09-19
MANILA, Philippines -- A Filipino fisherman who went missing near Rizal Reef in the West Philippine Sea has been rescued and is now safe, the Department of National Defense said Wednesday. The fisherman identified as Freddy Apat was reported missing 45 ...

Philippines to join World Contraception Day celebrations to raise awareness on reproductive health
BusinessMirror - 2018-09-19
The Philippines will celebrate World Contraception Day for the first time on September 26 with a forum to highlight the progress and challenges surrounding reproductive health in the country.

Common Health Risks Following a Typhoon
philstar.com - 2018-09-19
CEBU, Philippines -- The rest of the country outside of Luzon is lucky enough to have been spared from the recent Typhoon "Ompong." In Cebu and on the other islands in the Visayas, the downpours and gusty winds were not able to cause widespread damage.

Trillanes slapped with another libel rap for linking Duterte, son to drugs
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- Presidential son and former Davao City Vice Mayor Paolo Duterte filed another libel complaint against Senator Antonio Trillanes IV on Wednesday.

Philippine IPOs shelved amid stock market and currency rout
Nikkei Asian Review - 2018-09-19
MANILA -- A unit of Taiwanese contract manufacturer New Kinpo Group on Wednesday postponed an initial public offering in the Philippines, becoming the latest company to delay fundraising plans ...

Westmincom welcomes probe into Patikul, Sulu 'massacre'
philstar.com - 2018-09-19
ZAMBOANGA CITY, Philippines -- The military's Western Mindanao Command is open to any investigation into allegations that seven men killed in Patikul, Sulu last week were fruit-pickers and not Abu Sayyaf members. "Of course, we welcome (the investigation).

UST bomb scare negative -- authorities
philstar.com - 2018-09-19
MANILA, Philippines -- The Manila Police District and the security office of the University of Santo Tomas said the report of a bomb threat inside the campus was found to be negative. A text message from an unknown sender, which circulated on social media ...

4 dead in Quezon City shootouts
philstar.com - 2018-09-19
MANILA, Philippines -- Three suspected criminals and a police informant were killed in separate shootouts in Quezon City yesterday. Chief Superintendent Joselito Esquivel Jr., director of the Quezon City Police District (QCPD), said an alleged drug dealer ...

Senate detains owner of consignee behind ?6.8-billion 'shabu' shipment
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- The owner of the importation company behind the alleged smuggling of ?6.8 billion worth of shabu is now detained in the Senate. The Senate Blue ...

Garin files reckless imprudence rap vs. successor over Dengvaxia mess
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- Former Health Secretary Janette Garin has filed charges of reckless imprudence, resulting to homicide, against her successor Paulyn Ubial over ...

Makati court orders TV network to authenticate Trillanes amnesty report
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- A Makati court ordered TV station GMA Network News TV to authenticate its report on Senator Antonio Trillanes IV having availed of amnesty and ...

2 nabbed for selling DepEd laptop
philstar.com - 2018-09-19
MANILA, Philippines -- Two women have been arrested for selling a stolen laptop owned by the Department of Education (DepEd), the Quezon City Police District (QCPD) said yesterday. QCPD director Chief Superintendent Joselito Esquivel Jr. said Salvacion ...

Senators slam DepEd for 'one-sided' history textbooks glorifying the Marcos regime
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- As the 46th anniversary of the declaration of martial law in the country nears, Senators questioned the use of textbooks that give "one-sided ...

Is air pollution tied to higher dementia risk?
CNN Philippines - 2018-09-19
(CNN) -- Scientists have long known that breathing dirty air can be bad for your health, including your brain health. Now, a study, published in the medical journal BMJ Open on Tuesday ...

'Ompong' point person: We're still hopeful for Itogon landslide survivors
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- Government authorities are still hopeful for survivors in a deadly landslide in Itogon, Benguet in the onslaught of Typhoon Ompong. "We still ...

US consumers may bear brunt of Trump's tariffs
philstar.com - 2018-09-19
WASHINGTON -- A universe of Chinese-made goods found in every American home is now subject to the sprawling tariffs imposed by President Donald Trump, with the brunt of costs to be borne by US consumers, key drivers of the American economy. Shampoo and ...

Inflation seen to ease in fourth quarter of 2018 despite Ompong impact
philstar.com - 2018-09-19
MANILA, Philippines -- Despite the onslaught of Typhoon Ompong so close to the holiday season, inflation is still expected to ease in the fourth quarter, economic managers said yesterday. In a press briefing, economic managers expressed confidence that ...

The trade deficit and the balance of payments: What need be done
philstar.com - 2018-09-19
In the previous column, I referred to the deficits in the balance of trade (earnings from exports over imports) as partly responsible for the understanding of the complex problem of rising prices (inflation), the peso exchange rate, and national economic ...

CHR probes deaths in AFP, Sayyaf Sulu clash
philstar.com - 2018-09-19
MANILA, Philippines -- Human rights probers are investigating the reported encounter between Abu Sayyaf bandits and government troopers in Patikul, Sulu on Friday. Seven bandits were reportedly killed and 23 others, 17 of them soldiers, were wounded in ...

Gov't hunts down Hong Kong national allegedly behind ?3.4-B shabu smuggling
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- The government has asked Hong Kong for help in hunting down a certain KC Chan, who is allegedly behind the smuggling of ?3.4 billion worth of ...

DOJ appeals SC ruling downgrading case vs Delfin Lee
philstar.com - 2018-09-19
MANILA, Philippines -- The Department of Justice (DOJ) sought yesterday a reversal of a Supreme Court (SC) ruling that downgraded the charges filed against property developer Delfin Lee to simple estafa and allowed him to post bail. In a 47-page motion ...

Radio station execs nabbed for extortion in General Santos
philstar.com - 2018-09-19
A Department of the Interior and Local Government memorandum in 2017 listed Kappa as among the entities flagged by the Securities and Exchange Commission for not being authorized to solicit investments. The DILG memorandum lists Apolinario as Kappa's founder.

Apple escapes China tariff hit for now, but threats loom
philstar.com - 2018-09-19
WASHINGTON -- The latest round of tariffs that US President Donald Trump has imposed on China appeared to largely spare Apple and other consumer electronics makers but they face increasing threats from the deepening trade war between the two economic giants.

Philippine peso sinking to P58 vs $1 'unlikely' - Diokno
Rappler - 2018-09-19
MANILA, Philippines - Budget Secretary Benjamin Diokno said it is highly "unlikely" that the Philippine peso will sink further to P58 against the United States dollar. In a media briefing on Wednesday, September 18, Diokno said the forecast of London ...

Typhoon Ompong, inflation worries drag index anew
philstar.com - 2018-09-19
MANILA, Philippines -- Share prices suffered heavily yesterday, plunging by 127.22 points to close before the 7,300-mark. The PSEi settled at 7,286.34, down 1.71 percent, the lowest close since July 11. Traders said persistent inflation concerns ...

Duterte: Communist rebellion over by 2019
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 19) -- President Rodrigo Duterte believes the five-decade long insurgency of communist rebels will end by 2019. [Translation: I think, God forbid, this ...

New tariffs on China spare smartwatches but hit tech networks
CNN Philippines - 2018-09-19
(CNN Money) -- U.S. President Donald Trump's latest tariffs on Chinese goods won't hit the Apple Watch or Air Pods. But the trade penalties will sweep up other tech products, including the ...

Jack Ma: U.S.-China trade war could last 20 years
CNN Philippines - 2018-09-19
(CNN Money) -- Tech tycoon Jack Ma told investors to hunker down for a drawn out trade war between the United States and China. "It's going to last long, it's going to be a mess," Ma, the founder ...

Typhoon Ompong kills 60, affects over half a million Filipinos
CNN Philippines - 2018-09-19
Metro Manila (CNN Philippines, September 17) -- Powerful typhoon Ompong (international name: Mangkhut) left at least 60 people dead as officials fear the casualty count may rise. President ...

PHILGBC pushes green agenda in the workplace
BusinessMirror - 2018-09-19
According to the World Health Organization (WHO) and the Environmental Protection Agency of the United States, indoor air quality is the biggest environmental hazard in the world--with as much as ...

Economic managers downplay inflationary effects of Ompong
CNN Philippines - 2018-09-18
Metro Manila (CNN Philippines, September 18 ... But the economic managers of the Duterte administration are unfazed, and said that its inflationary impact would be temporary and minimal. "

Peso recovers, stays within 54:$1
philstar.com - 2018-09-18
"We expect that for the rest of the year, overseas remittances, as well as BPOs (business process outsourcing) will be coming in a bigger way. This is the holiday season so we would expect that the exchange rate will start shaping up," Guinigundo sai

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