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China bans live hog transport from 10 new regions to stem swine fever spread
Reuters - 2018-09-12
BEIJING (Reuters) - China has banned the transport of live hogs and pig products from 10 regions bordering the six provinces that have reported African swine fever outbreaks in recent weeks, a move set to further tighten supplies and roil prices in the ...

Tax perks bill to cause bigger trade gap: JFC
BusinessMirror - 2018-09-12
You have tax reforms. You have higher taxes for several ... My biggest worry is that someone will tinker with the BPO [business-process outsourcing] industry and, as a result, you have a decline ...

Welcome to my man cave
BusinessWorld - 2018-09-12
"Business is booming, especially in the Philippines," said Mr. Naguiat. "Networking is so important." BusinessWorld got a quick trim on Aug. 30 and marched off to the bar for an Old-fashioned. The whiskey cocktail, flavored with bitters, was placed ...

GHI envoy champions public health in Micronesia, Guam
BusinessMirror - 2018-09-12
In Photo: Guam Gov. Eddie B. Calvo shares a light moment with Dr. Susan P. Mercado. AGANA--Special envoy of the President for Global Health Initiatives (GHI) and former Health Undersecretary Dr ...

Cryptocurrency exchanges resort to irregular practices for demand
BusinessWorld - 2018-09-12
WITH digital-currency trading volume having plunged, some of the biggest crypto exchanges are turning to unorthodox practices to boost activity and win market share. Bitfinex, FCoin and OKex are encouraging startups to drive depositors to their online ...

IFC invests in Fullerton Health
BusinessWorld - 2018-09-12
THE PRIVATE SECTOR investment arm of the World Bank has extended a $40-million long-term loan facility to Fullerton Healthcare Corporation Limited, which is expanding its health care business in the Philippines. In a statement, the company said its local ...

On the move to nation-building
BusinessMirror - 2018-09-12
One answer: Logistics Logistics, as a business concept, evolved in the 1950s with the increasing complexity of supplying businesses with materials and products in globalized supply chain.

Online, interbank fund transfers mandatory by end-Nov.
BusinessWorld - 2018-09-12
ALL BANKS and other financial firms should be offering online fund transfer services by end-November, as the Bangko Sentral ng Pilipinas (BSP) flexes its muscle for more players to broaden their digital presence. The central bank through Memorandum No. M ...

5 foreign firms bid to build Zamboanga coal-fired plant
BusinessMirror - 2018-09-12
ALSONS Power Group, the energy business of the Alcantara family, has received bid proposals for the engineering, procurement and construction (EPC) of its 105-megawatt (MW) San Ramon Power Inc ...

SMC prexy: We have capability, resources to build international airport in Bulacan
BusinessMirror - 2018-09-12
Expressway and the Tarlac-Pangansinan-La Union Expressway. "We believe our years of experience in building and operating major infrastructure projects are a key advantage when it comes to ...

Jollibee to put up stores in UK, NY and Macau
BusinessMirror - 2018-09-12
LOCAL fast-food giant Jollibee Foods Corp. (JFC) on Wednesday said it is set to open its first flagship Jollibee stores in three different milestone locations--the United Kingdom, Manhattan in ...

Taking life experiences to the next level
BusinessMirror - 2018-09-12
In Photo: From left: Jojo Ocampo, SVP for BPI Unsecured Lending and Cards Group; Dan Wolbert, Visa head of Business Development for the Philippines and Guam; Jenny Lacerna, head of BPI Credit ...

China puts off licenses for U.S. companies amid tariff battle
BusinessMirror - 2018-09-12
The license delay applies to industries Beijing has promised to open to foreign competitors, according to Jacob Parker, vice president for China operations of the US-China Business Council.

New iPhones debut as Chinese smartphones gain popularity
Nikkei Asian Review - 2018-09-12
In the five major emerging markets in Southeast Asia, namely Thailand, Malaysia, Philippines, Indonesia and Vietnam, Apple's market share fell from 6.5% to 4.5% between 2013 and 2017. Its Chinese ...

Millions at Risk as Philippines, China Brace for Super Typhoon Mangkhut
Epoch Times - 2018-09-12
Governor Manuel Mamba of the Philippines island of Cagayan said officials would ... China Economy Edited by The Epoch Times business editor Valentin Schmid, delivered weekly. Health News, insights, and tips for a healthy life, delivered weekly.

LIVE List: Flooded areas on September 12
philstar.com - 2018-09-12
The state weather bureau warned the public of possible flooding after Typhoon Ompong (international name: Mangkhut) entered the Philippine area of responsibility this afternoon.

SMC eyes rice importation under proposed tariffication scheme
CNN Philippines - 2018-09-12
SMC President and Chief Operating Officer Ramon Ang on Wednesday said the company's grain terminals and feed mills across the country can store imported rice. (Translation: We usually handle three ...

Remitting money through the Blockchain
BusinessWorld - 2018-09-12
Abra is pioneering remittance FinTech with this all-inclusive approach. This non-reliance on the traditional banking system is important in developing nations because they often lack the means to implement the expensive infrastructure required to institute ...

Key senator open to retaining 5% GIE in TRABAHO bill
BusinessWorld - 2018-09-12
House Bill No. 8083 gradually reduces the corporate income tax (CIT) rate to 20% from the current 30% by two percentage points every other year starting 2021.

BPOs to launch portal for workers in provinces
BusinessWorld - 2018-09-12
THE Information Technology and Business Process Association of the Philippines (IBPAP) said it will launch a "career portal" offering placement opportunities for candidates in the provinces. In an e-mail to BusinessWorld, the organization said ...

DepEd and URC Flour help aspiring pastry chefs to reach their goals
BusinessMirror - 2018-09-12
Universal Robina Corporation (URC) Flour and Pasta Division and Department of Education (DepEd) turn over baking multimedia toolkits to Benigno "Ninoy" S. Aquino High School. Receiving the kit ...

Bato running for senator in 2019, says he'll push for death penalty
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- The country's former top cop now wants to be a senator. Bureau of Corrections (BuCor) Director Ronald "Bato" Dela Rosa on Wednesday confirmed he ...

Precise determination of 'body time' could improve medical treatment
Upi.com - 2018-09-12
WEDNESDAY, Sept. 12, 2018 -- No matter what your watch says, your body may be on a whole other schedule. Now, scientists say they've created a blood test that pinpoints the timing of your own internal clock. The TimeSignature test evaluates dozens of genes ...

Philippines: 10 million people lie in path of "destructive" Typhoon Mangkhut
ReliefWeb - 2018-09-12
Richard Gordon, the Chairman of the Philippines Red Cross said ... water, sanitation and health units, and community-volunteers in Northern Luzon, Central Luzon, and Manila are on standby.

Ateneo stops UP, 87-79
BusinessWorld - 2018-09-12
Earlier in the day, the University of Santo Tomas Growling Tigers booked their first win in the Aldin Ayo era by beating the Far Eastern University Tamaraws, 76-74. Ateneo-UP got to a competitive start, with the protagonists looking to establish the pace ...

Disaster response officials: We are preparing for the worst
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- Government agencies are preparing for the worst case scenario as they await the onslaught of powerful Typhoon Ompong, disaster response officials ...

Philippine peso breaches P54:$1 level
philstar.com - 2018-09-12
MANILA, Philippines (Update 2, 4:13 p.m.) -- The Philippine peso on Wednesday breached the P54-per-dollar level as investors turn against emerging markets. The local currency closed at P54.13 versus the greenback on Wednesday, 19 centavos weaker than its ...

Walang Pasok: Class suspensions for September 13
philstar.com - 2018-09-12
September 13, in anticipation of the onslaught of Typhoon Ompong (international name: Mangkhut). The state weather bureau earlier said "Ompong" could potentially intensify into a super typhoon.

Foreign exchange dips to ?54.13 to $1, stocks trade below 7,500
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- The peso continues to depreciate against the dollar. Trading of the currency closed at ?54.13 versus the greenback on Wednesday, finally ...

Roque: Duterte's temper flared when China warned PH aircraft in South China Sea
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- President Rodrigo Duterte lost his temper when the Chinese military threatened a Philippine aircraft flying over the South China Sea, Malacañang ...

Philippines: China Makes As Offer
StrategyPage - 2018-09-12
That includes a willingness to do business with China when it appeared the Philippines had no way to resisting military threats. Then there was the "war on drugs" which was generally popular but offended many foreigners and eventually some Filipinos as ...

Typhoon Ompong enters PAR
philstar.com - 2018-09-12
MANILA, Philippines (Updated 4:30 p.m.) -- Typhoon Ompong (international name: Mangkhut)--dubbed by weather officials as the "strongest to hit the country this year"--entered the Philippine area of responsibility Wednesday afternoon. Ompong entered ...

Nationwide UPCAT postponed due to Super Typhoon Mangkhut
philstar.com - 2018-09-12
MANILA, Philippines -- The University of the Philippines Office of Admissions ... the latest forecast on Typhoon Ompong and its expected impact on Northern Luzon and Eastern Seaboard including Western Visayas, and in consideration of the nationwide ...

Roque: Duterte confident military won't oust him
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- President Rodrigo Duterte is sure no one from the Armed Forces would stand up to the challenge of overthrowing his administration. This was the ...

Roque: 'Nothing wrong' with foreign intel on admin critics
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- Presidential Spokesperson Harry Roque on Wednesday said the Palace finds nothing wrong with receiving foreign intelligence information on the ...

Spreading the voice, shining the light
BusinessMirror - 2018-09-12
By chance, a friend of mine, who is also my business partner in Italy, came from Hong Kong and showed me the lantern. He demonstrated that it could be useful for people who spend a lot of time in ...

UPCAT 2019 nationwide postponed
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines ... of the Philippines' Office of Admissions on Wednesday announced that the UP College Admission Test (UPCAT) for academic year 2019 will not push through on ...

US$40 Million investment to Improve Affordable and Quality Health Care in the Philippines
The Financial - 2018-09-12
The FINANCIAL -- Singapore and Manila, 12 September 2018 - Fullerton Healthcare Corporation Limited ("Fullerton Health") announced that its wholly owned subsidiaries, Fullerton Health ...

Bicol minimum wage earners to get pay hike
philstar.com - 2018-09-12
MANILA, Philippines -- Minimum wage earners in Bicol will get a salary increase starting Sept. 21, according to the Department of Labor and Employment (DOLE). Alvin Villamor, DOLE-Bicol director, said the Regional Tripartite Wages and Productivity Board ...

PSA fixing 'tech issues' after delayed release of inflation data
philstar.com - 2018-09-12
MANILA, Philippines -- The Philippine Statistics Authority on Wednesday said it is "addressing technical and hardware issues" after the official release of much-awaited August inflation data last week was delayed by more than an hour. In a statement ...

Inflation likely peaked in August 2018, says Deutsche Bank
philstar.com - 2018-09-12
MANILA, Philippines -- Deutsche Bank said inflation likely peaked in August, but the Bangko Sentral ng Pilipinas (BSP) is still expected to deliver more rate hikes until next year. In its latest Asia Macro Insight titled "Rough road ahead," Deutsche ...

Is the Philippines ready to address mental health?
Rappler - 2018-09-12
In 2004, over 4.5 million cases of depression were reported in the Philippines, according to the Department of Health (DOH ... in school systems and the teaching of mental health in all education levels. Another salient feature of the law shifts focus ...

Duterte Seeks Help As The Philippines' Economic Troubles Mount
Forbes - 2018-09-12
The Rodrigo Duterte administration is beginning to come to grips with the Philippines' new economic woes. For a starter, consumer rices are soaring. Inflation accelerated to 6.4% in the third quarter, prompting the Philippine central bank (Bangko Sentral ...

Live updates: Super Typhoon Ompong
philstar.com - 2018-09-12
The Joint Typhoon Warning Center has upgraded "Mangkhut" to a super typhoon category as of 5:45 p.m. on Tuesday, ahead of its entrance to PAR, as the Hawaii-based weather bureau of the US Navy estimated maximum sustained winds of 135 knots or 250 ...

House OKs bill allowing users to keep mobile numbers despite switching networks
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- The House of Representatives approved on third and final reading a bill on Monday which allows cellphone users to keep their mobile numbers even if ...

Cagayan Governor: Relief goods, security deployment set for approaching typhoon
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- One of the regions expected to be the most affected area by the incoming typhoon has made the necessary preparations for its onslaught, its ...

Typhoon 'Mangkhut' to enter PH Wednesday noon
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 12) -- The strong typhoon expected to bring heavy rainfall to parts of Luzon will arrive in the country in a few hours, weather officials reported.

Trade deficit worsens as exports fall flat
CNN Philippines - 2018-09-12
Metro Manila (CNN Philippines, September 11) -- The balance of trade remains in the negative in July, and an analyst said this is due in part to a weaker peso against the dollar. According to the ...

Bam Aquino: Senators won't pass TRAIN 2 as it is
CNN Philippines - 2018-09-12
You have the Japanese Chamber of Commerce, you have the [business process outsourcing] industry, the semiconductors industry," said Aquino. "All told this is about a million plus, maybe aabot din ...

Inflation, the peso, and overall spending
philstar.com - 2018-09-11
Domestic prices have been on the front burner of Philippine concerns in recent times. Inflationary times. Though Philippine inflation had been relatively modest prior to 2018, the inflation rate has steadily risen since the beginning of the year.

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