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Philippines revises Q1 2018 GDP down to 6.6%
Rappler - 2018-08-08
The figure is used by various agencies and experts to track the country's growth. (READ: The Philippine economy's health under Duterte) The country's gross national income (GNI) and net primary income (NPI) from the rest of the world (ROW) were also ...

Duterte announces ?25M for police hospitalization expense
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- President Rodrigo Duterte said a multimillion-peso monthly fund would be set aside for police personnel who needed medical care. In his speech Wednesday, President Duterte said he would give ?25 million a ...

Weak peso fails to lift Philippine exports in June 2018
Rappler - 2018-08-08
MANILA, Philippines - Despite economic managers' confidence that a weak peso would improve the country's exports, the Philippines posted a wider trade deficit in June. The Philippine Statistics Authority (PSA) said on Wednesday, August 8, that total ...

Globe hikes capex to $950 million following rosy H1 performance
BusinessMirror - 2018-08-08
ENCOURAGED by its financial performance during the first half of 2018, mobile services provider Globe Telecom Inc. has decided to increase its capital-expenditures (capex) program for the year by more than a tenth. As it "moves forward with upgrading its ...

Common chemo drug may cause heart toxicity
Medical News Today - 2018-08-08
New research suggests that the widely used chemotherapy drug doxorubicin may cause heart toxicity, potentially leading to congestive heart failure. The drug stops cancer cells from spreading by blocking an enzyme that cancer cells need in order to divide ...

Speaker GMA: House to pass bill on rice tariffication soon
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- House Speaker Gloria Macapagal-Arroyo said that the House is close to passing the rice tariffication bill. Speaking to reporters Wednesday, Arroyo said that the House passed the bill on its second reading ...

Minority groups contest Suarez leadership, to file petitions in SC
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Two House minority groups plan to file with the Supreme Court (SC) petitions to contest the leadership of Quezon Rep. Danilo Suarez (3rd District). A number of lawmakers slammed the appointment of Suarez as the ...

Phoenix Petroleum H1 net income up 59% to P969.8 million
BusinessMirror - 2018-08-08
PHOENIX Petroleum Philippines Inc. on Wednesday reported P969.8 million in net income for the first half of the year, up 59 percent from the same period a year ago. Revenues also surged by 113 percent to P40.25 billion at end-June from P18.89 billion ...

San Miguel Food and Beverage net income at ?15.4 billion in first half
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- San Miguel Food and Beverages, Inc. (SMFB) reported a net income of ?15.4 billion for the first half of the year. The conglomerate is the result of the consolidation of all of San Miguel Corporation's (SMC ...

Research suggests the catch-up HPV vaccine is effective for women aged up to 20 years
YAHOO! - 2018-08-08
New US research has found that if girls miss the recommended HPV vaccine at age 11 to 12, the catch-up is still effective until they turn 20, if they receive all three doses. Introduced in 2006, the quadrivalent human papillomavirus (HPV) vaccine is ...

BOC, PDEA seize P4.3 B shabu shipment in Manila port
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Following a tip from the Philippine Drug Enforcement Agency (PDEA), the Bureau of Customs (BOC) intercepted a shipment of suspected methamphetamine hydrochloride or shabu in the Manila International Container ...

Megaworld income grows 12% to P7.51 billion in first half
BusinessMirror - 2018-08-08
Earnings for the first two quarters of the year were buoyed by strong results from all its core businesses, with the hotel business posting a record growth, it said. Revenues also grew, but at a slower pace to P25.72 billion, a 10-percent increase from the ...

From CSR codes of conduct to binding rules on corporate behavior
BusinessMirror - 2018-08-08
The business of some American garment retailers was also affected when it was discovered that they were using Saipan as a base for low-cost production, using imported Asian workers housed in dingy dormitories and paid extremely low wages. There were other ...

Amusement tax
BusinessMirror - 2018-08-08
For a business entity to be deemed a cabaret, or night and day club, it must be established that its operations involve dancing as the main business and customers patronize the place in order to dance either with their own partners or with professional ...

Even the Finance Chief is 'confused' with shift to federalism
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Finance Secretary Carlos "Sonny" Dominguez on Wednesday admitted he is also confused about the proposed shift to a federal form of government, as senators pressed for an answer to how much the transition would cost.

Eagle Cement posts ?2.3-B net income in first half
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Cement maker Eagle Cement Corporation (EAGLE) posted a higher net income in the first half. In a disclosure posted at the Philippine Stock Exchange, EAGLE reported a ?2.3-billion net income in January to June ...

PDEA's retired police dogs up for adoption
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Want to adopt an adorable and smart dog? The retired police dogs of Philippine Drug Enforcement Agency (PDEA) are in need of your love, cuddles, and boops. Thirteen retired dogs of PDEA are up for adoption.

Teo, Tulfos may be charged over TV ad deal - Tourism Chief
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Former Tourism Secretary Wanda Tulfo-Teo and her brothers may face charges at the Office of the Ombudsman if they don't return the millions they owe to the government, Tourism Chief Berna Romulo-Puyat said on ...

Philippines President Duterte lined up 100 allegedly corrupt cops in front of the media and threatened to kill them
Business Insider - 2018-08-08
Philippine President Rodrigo Duterte summoned 102 allegedly corrupt cops to his palace driveway and unloaded on them in front of the media. He also said he would deploy a "special unit" to hunt and kill cops involved with drug or crime syndicates. Duterte ...

SWS: Filipinos split in trusting gov't will not use ID data vs. critics
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Filipinos are split on whether they trust the government will use national identification (ID) data against critics, according to a non-commissioned survey. According to a Social Weather Stations (SWS) poll ...

Congressman denies PDP-Laban members plan to jump ship
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Partido Demokratiko Pilipino - Lakas ng Bayan (PDP-Laban) is still the ruling party, one of its members said Wednesday. Davao City Representative Karlo Nograles denied that its members were likely to jump ship ...

Military foils bombing attempt in North Cotabato
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- The military on Wednesday killed two suspected Bangsamoro Islamic Freedom Fighters (BIFF) members allegedly planning to deploy bombs in North Cotabato. Western Mindanao Command (Wesmincom) spokesperson ...

TD #KardingPH to bring rains this weekend
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Residents in some parts of Luzon should brace for a rainy weekend brought by a tropical depression, officials said. In its 11 a.m. update, weather bureau Philippine Atmospheric Geophysical and Astronomical ...

BOC destroys P7.7-million chicken legs, used clothes - 2018-08-08
MANILA, Philippines -- The Bureau of Customs (BOC) yesterday destroyed P7.75 million worth of unclaimed cargo, including 7,200 cases of chicken legs shipped to the country in December 2014. In a statement, the BOC said the chicken legs, placed inside five ...

National ID to roll out in Metro Manila, Region IV-A by year-end
CNN Philippines - 2018-08-08
This story was updated to include information from the Philippine Statistics Authority. Metro Manila (CNN Philippines, August 8) -- The national identification (ID) card will be available for free in Metro Manila and Calabarzon (Region IV-A) by yearend, a ...

P3.4-billion shabu found in Manila port - 2018-08-08
MANILA, Philippines -- Around 500 kilos of suspected methamphetamine hydrochloride or shabu, with a street value of P3.4 billion, were found in an unclaimed shipping container at the Manila International Container Port yesterday. According to initial ...

Manufacturers' confidence falls to record low as US-China trade spat worsens
Nikkei Asian Review - 2018-08-08
On the other hand, Vietnam (12%), Malaysia (11%) and the Philippines (10%) are the most exposed to the ... in the Future Output Index in the PMI surveys later this year. The Nikkei PMI covers 12 countries and regions, providing 15 sets of indexes.

A virtual co-presidency - 2018-08-08
Two heads are better than one. This is particularly true if the two heads complement each other. Mutual respect is also necessary to make it work. Co-CEOs are not uncommon in the business world. Welcome to our new political world. We now have a virtual co ...

MMDA to open EDSA HOV lanes during rush hours
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 7) -- Private vehicles with only one passenger will soon be banned from passing through special lanes along EDSA during rush hour. The Metro Manila Council (MMC) on Tuesday approved a resolution allowing the ...

What Android Pie means for the future of smartphones
CNN Philippines - 2018-08-08
(CNN Money) -- Android Pie, the latest version of Google's mobile operating system, is stuffed with features that address some of the hottest tech controversies head-on, including smartphone addiction and privacy. It also has some changes that could ...

PTV apologizes for edited photo replacing Chinese national flag with PH flag
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- A state-owned television network has issued a public apology over publishing a photo that has been manipulated to show the Philippine flag instead of the Chinese national flag in support of a story. People ...

Elon Musk says going private is 'best path forward' for Tesla
CNN Philippines - 2018-08-08
(CNN Money) -- Elon Musk's latest big idea is daring even by ... Scottish money manager Baillie Gifford, which recently urged Musk to focus less on tweeting and more on running the business, is the fourth-largest shareholder, with a nearly 8% stake.

Dennis Uy to expand presence in agriculture - 2018-08-08
MANILA, Philippines -- Davao-based businessman Dennis Uy is aggressively looking at expanding his presence in the agriculture sector with plans to develop more farm areas in Mindanao. Agriculture Secretary Emmanuel Piñol said Uy is considering exporting ...

DFA Chief: Chinese President Xi Jinping to visit Manila by yearend
CNN Philippines - 2018-08-07
Metro Manila (CNN Philippines, August 8) -- Chinese President Xi Jinping is slated to go to the Philippines by the end of the year, Foreign Affairs Secretary Alan Peter Cayetano said Tuesday. In a press conference Tuesday, Cayetano said both parties have ...

Meralco rates still 3rd highest in Asia - IEC - 2018-08-07
MANILA, Philippines -- Average rates of Manila Electric Co. (Meralco) remained the third highest in Asia, but rates have already gone down in the past six years due to continued decline in power generation cost, according to a survey commissioned by the ...

Tokyo 2020 Will Be the First Olympics to Use Facial Recognition to Improve Security
Fortune - 2018-08-07
Two years ahead of the next Olympics, Tokyo 2020 is already miles ahead of its predecessors when it comes to tech and security. NEC Corporation, a Japanese IT giant, announced on Tuesday that it would be providing a new and extensive facial recognition ...

Top Food Execs are Turning to Mushroom Fermentation for Solutions
Yahoo Finance - 2018-08-07
DENVER, Aug. 7, 2018 /PRNewswire/ -- Mushroom fermentation is quickly becoming a popular buzzword in the food industry. In the past five years, mushroom fermentation has exploded onto the scene, helping to solve some of the biggest challenges in the food ...

Your Plastic Bags Are Releasing Greenhouse Gases
Live Science - 2018-08-07
Plastics collected at Kailua Beach. New research suggests that plastics can emit greenhouse gases when exposed to ultraviolet radiation, and that smaller pieces emit more of this gas than do smaller pieces. Credit: Sarah-Jeanne Royer There may be a hidden ...

Huge consulting firms are coming after the ad agency business -- here's how agencies are fighting back
Business Insider - 2018-08-07
Ad companies are increasingly responding to the threat from consulting firms by acquiring consultancies, creating new divisions or reorganizing internally. Omnicom acquired Dallas-based consulting firm Credera recently, while Grey launched a new global ...

Rohingya rape survivors battle with stigma, unwanted pregnancies
Al Jazeera English - 2018-08-07
Aid agencies say the number of Rohingya women subjected to sexual violence is greatly understated [Sorin Furcoi/Al Jazeera] Cox's Bazar, Bangladesh-Last year's Eid al-Adha holiday is a memory Fatima Hasan, not her real name, wishes she could block forever.

There Is A Real Risk That Earth's Climate Could Run Out Of Control
Forbes - 2018-08-07
Our greenhouse gas emissions may have pushed the Earth towards a dangerous threshold, beyond which the climate will keep heating up of its own accord even if we stop pumping out carbon dioxide. So say 16 earth system scientists, writing in the journal PNAS.

1 in 7 Zika babies born with defects in US territories
YAHOO! - 2018-08-07
Tampa (AFP) - About one in seven babies who were exposed to the Zika virus in the womb have at least one developmental defect a year later, said a US study Tuesday. The rate of defects -- about 14 percent -- represents more than 30 times the level expected ...

Should Investors Be Concerned About First Solar's New Bookings Decline?
Forbes - 2018-08-07
First Solar recently posted a relatively tough set of Q2 2018 results, missing expectations on earnings and revenues, on account of costs associated with the ramp of its new generation modules and the postponement of some module and systems sales to the ...

Tokyo 2020 will be the first Olympic Games to use facial recognition
Mashable - 2018-08-07
The 2018 Winter Olympics had quite the tech spectacle with 1,200 Intel drones producing a memorable light show. However, it's likely the 2020 Tokyo Olympics won't make as big a deal for a new technological feat: widespread facial recognition for increased ...

Zika exposure before birth could cause health issues in babies: CDC
Reuters - 2018-08-07
(Reuters) - Some babies exposed to the Zika virus before birth may face health problems related to the mosquito-borne illness, U.S. officials said on Tuesday, providing guidance for couples planning pregnancies. About 14 percent, or one in seven babies ...

Babies Who Seem Fine At Birth May Have Zika-Related Problems Later, Study Finds
NPR - 2018-08-07
Since Zika emerged as a threat to babies, it's been a mystery exactly how much of a danger the mosquito-borne virus poses to children. But now, the largest study to follow kids who were exposed to the virus in the womb is providing more answers. The study ...

What Is the Risk for Mortality in an Infant After a Brief, Resolved, Unexplained Event (BRUE)?
Medscape - 2018-08-07
There were a total of 12 deaths (0.4%) during the follow-up period, four of which occurred in infants older than 4 months, leaving a mortality rate of 8/3005 (0.26%) during the window of interest. Those eight deaths produced a mortality rate of 3.1 deaths ...

Duterte to erring cops: You are useless to me
CNN Philippines - 2018-08-07
Metro Manila (CNN Philippines, August 7) -- President Rodrigo Duterte gave 102 policemen a tongue lashing in Malacañang Tuesday. They are cops facing different administrative and criminal cases. "Wala kayong silbi para sa akin. Salot kayo sa lipunan ...

PIA chief tells Mocha Uson to go on leave
CNN Philippines - 2018-08-07
Metro Manila (CNN Philippines, August 7) -- The head of the government's information network urged Communications Assistant Secretary Margaux "Mocha" Uson to take a leave, following the controversy stemming from a viral video on federalism. In a statement ...

Robredo camp eyes filing charges vs. blogger in viral federalism video
CNN Philippines - 2018-08-07
Metro Manila (CNN Philippines, August 7) -- The blogger dancing in the controversial federalism video with Communications Assistant Secretary Mocha Uson faces more backlash -- a possible legal case. The camp of Vice President Leni Robredo said they are ...

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