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PLDT to sell stake in Voyager for P10 billion
BusinessMirror - 2018-08-09
That was how businessman Manuel V. Pangilinan, chairman of telco PLDT Inc., described the foreign investors interested in buying in Voyager Innovations Inc., a wholly owned subsidiary of Smart Communications Inc., for about P10 billion. While he refused to ...

COA to Nayong Pilipino: Show proof of land appraisal for $1.5B casino
CNN Philippines - 2018-08-09
Metro Manila (CNN Philippines, August 9) -- A government audit report shows the Nayong Pilipino Foundation - whose entire board of trustees was fired this week by President Rodrigo Duterte - had been warned as early as last year about flaws in its lease ...

CLI unveils P3.6-billion mixed use development project in Mandaue
BusinessMirror - 2018-08-09
Radisson RED, a first in the country, is a 146-room accommodation facility to be operated by the Radisson Hotel Group and is one of the five hotels under the CLI hospitality business. It has premium select-service offerings targeted toward millennials ...

Beating inflation
BusinessMirror - 2018-08-09
As of today, the Bangko Sentral ng Pilipinas has probably raised interest rates by another 0.5-percent increasing the cost of doing business while the Philippine Statistics Authority has announced a still high second- quarter GDP growth of 6.7 percent.

Back-to-back Toyota milestones
BusinessMirror - 2018-08-09
Recalling how his father, Dr. Shoichiro Toyoda, invited Dr. George SK Ty of the Metrobank Group in 1988 to start anew the operation of Toyota in the Philippines, the baton has now been passed on to his tandem with Mr. Alfred Ty, the vice chairman of TMP ...

World-class automotive center opens in Quezon City
BusinessMirror - 2018-08-09
By value, we do not only refer to the superior brands we can offer through this Business Center but more so, the best services and customer experience we can provide," said Jason. Situated in an expansive 3,000-square-meter property, the service area ...

Matthew Perry underwent surgery to repair a gastrointestinal perforation -- here's what that means
YAHOO! - 2018-08-09
Matthew Perry is recovering after undergoing gastrointestinal surgery. In a statement to People, a representative revealed that the 48-year-old actor was rushed to a hospital in California because of to a stomach issue. "Matthew Perry recently underwent ...

Philippines makes largest rate hike in decade
Nikkei Asian Review - 2018-08-09
MANILA -- The Philippine central bank on Thursday raised interest rates by 50 basis points for the first time in a decade to anchor inflation expectations as consumer prices surge past the target. The Bangko Sentral ng Pilipinas increased the benchmark ...

China revamps national technology leadership group, tech shares rise
Reuters - 2018-08-09
BEIJING (Reuters) - China has revamped a national leadership group charged with planning and studying its key technological development strategies, signaling potential policy shifts are underway as its technological ambitions fueled a backlash abroad.

Asian markets mixed as trade spat in focus, oil stabilizes
Yahoo Finance - 2018-08-09
KEEPING SCORE: Japan's Nikkei 225 fell 0.3 percent to 22,584.18 while South ... Australia's S&P-ASX 200 was up 0.5 percent to 6,301.30. Stocks in Taiwan and the Philippines were lower but they were higher in Indonesia and New Zealand.

Robredo, Marcos pay ?50K fine for violating SC gag order
CNN Philippines - 2018-08-09
Metro Manila (CNN Philippines, August 9) -- Vice President Leni Robredo and former Senator Bongbong Marcos have both paid the ?50,000 fine for violating the gag order issued by the Presidential Electoral Tribunal (PET) on the 2016 poll recount.

COA: NFA's diversion of ?5.1-B food fund linked to rice supply shortage
CNN Philippines - 2018-08-09
Metro Manila (CNN Philippines, August 9) -- The Commission on Audit (COA) flagged the National Food Authority for diverting ?5.1-billion in food security funds to pay off maturing loans, claiming that this move may have affected rice supply in the country.

Elon Musk says he wants to take Tesla private. Unless he's trolling us.
Mashable - 2018-08-09
Tesla CEO Elon Musk, in true Elon Musk fashion, took to Twitter to think out loud about his electric car business. Or possibly troll us all. On the social media platform he noted the possibility of taking Tesla -- a publicly traded company since 2010 ...

Verizon and Apple partner to offer unlimited customers a musical perk
Mashable - 2018-08-09
It seems Verizon is taking a page out of T-Mobile's handbook in terms of adding value to its unlimited plans. Even better, if you've already taken advantage of the free three months of the streaming service that Apple offers, you're still eligible for this ...

HK firm: $1.5-B resort project with Nayong Pilipino to push through
CNN Philippines - 2018-08-09
Metro Manila (CNN Philippines, August 9) -- The construction of an integrated resort on the land leased from Nayong Pilipino Foundation in Parañaque City will continue for now despite the pronouncements of President Rodrigo Duterte. Hong Kong-based firm ...

Blackstone Buys $250 Million Stake in Outsourcing Startup TaskUs
Bloomberg L.P. - 2018-08-09
Blackstone Group LP is buying a large stake in TaskUs, a startup that handles customer service and content moderation for many Silicon Valley companies, in a deal that values the company at more than $500 million, the companies said early Thursday morning.

Elon Musk announces proposal to take Tesla private, but says no final decision has been made
Business Insider - 2018-08-09
Tesla CEO Elon Musk said on Tuesday on Twitter that he was considering taking the company private at $420 per share. Tesla shares were halted from 2 p.m. - 3:45 p.m. ET. "Am considering taking Tesla private at $420. Funding secured," Musk said . Musk later ...

Exercise linked to better mental health - but too much may do harm
Reuters - 2018-08-09
LONDON(Reuters) - A study in the United States has found that people who exercise several times a week report having better mental health than those who take no exercise, with team sports and those involving social groups having the most positive effect.

PSBank to decide on home loans in a day
BusinessWorld - 2018-08-09
In a statement on Tuesday, the savings banking arm of Metropolitan Bank & Trust Co. said it will only take a day for the bank to grant loans for brand new condominium units and properties from accredited developers. PSBank Senior Vice-President Noel Tuazon ...

P73.4-million shabu seized in Negros Occidental
philstar.com - 2018-08-09
BACOLOD CITY - More than six kilos of shabu with an estimated street value of P73.4 million were recovered in Negros Occidental in the past two days. Police said it was the biggest shabu haul not only in the province but also in the entire Western Visayas.

Study zeroes in on two most effective drugs for ADHD
Upi.com - 2018-08-08
WEDNESDAY, Aug. 8, 2018 -- Researchers have identified what they describe as the safest, most effective short-term drug treatments for attention deficit/hyperactivity disorder (ADHD). It's methylphenidate for kids and amphetamines for adults, according to ...

LPA, TS #KardingPH to bring more rains, TS to leave PH Friday
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 9) -- Brace for more rains over the next couple of days due to two weather disturbances, weather officials reported. The Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) said the ...

New treatment for non-Hodgkin lymphoma approved
Upi.com - 2018-08-08
WEDNESDAY, Aug. 8, 2018 -- Poteligeo (mogamulizumab) injection has been approved by the U.S. Food and Drug Administration to treat adults with two types of non-Hodgkin lymphoma. The drug was approved to treat relapsed or refractory mycosis fungoides (MF ...

China to put 25% tariffs on $16 billion worth of U.S. products
CNN Philippines - 2018-08-08
(CNN) -- China has announced plans to put tariffs of 25 percent on U.S. products worth $16 billion, the latest move in an escalating trade war. The Chinese government said in a statement Wednesday that the taxes would be imposed on August 23. The U.S ...

Boxers Or Briefs? Experts Disagree Over Tight Underwear's Effect On Male Fertility
NPR - 2018-08-08
If you've ever seen someone with testicles get kicked in the groin, then you probably know that male genitals -- often portrayed as a symbol of male strength and virility -- aren't actually that tough. But can testicles -- or rather, the sperm they ...

Dizziness on Standing May Be a Risk Factor for Dementia
The New York Times - 2018-08-08
Feeling dizzy or lightheaded when you stand up may be a risk factor for stroke and dementia years down the road, a new study reports. The condition, known as orthostatic hypotension, is caused by a sharp drop in blood pressure when rising from a supine ...

Pregnancy Debate Revisited: To Induce Labor, Or Not?
NPR - 2018-08-08
Healthy women with normal pregnancies can opt to have labor induced without worrying that the decision will make a cesarean section more likely, according to a major study published in this week's New England Journal of Medicine. Obstetricians currently ...

Rain inside train: Water leaks from MRT ceiling
philstar.com - 2018-08-08
MANILA, Philippines -- Commuters of the Metro Rail Transit Line 3 (MRT-3) were forced to use their umbrellas to protect themselves from the rain while in a southbound train along EDSA on Tuesday afternoon. In a video posted by Facebook user Giselle ...

PDEA: More shabu shipments have slipped Customs
philstar.com - 2018-08-08
MANILA, Philippines -- At least five more shabu shipments could have slipped through the Bureau of Customs (BOC) prior to the seizure of around 500 kilograms of shabu at the Manila International Container Port (MICP) on Tuesday, the Philippine Drug ...

UK Government Is Pushing On With Plans To Dominate The Global 5G Market
Forbes - 2018-08-08
£200 million ($257.69 million) has been invested in the 5G Testbeds and Trials Programme to date. A proportion of this has gone to a 5G mapping project that is being developed in conjunction with the national mapping agency Ordnance Survey. This is ...

SWS: 70% of Filipinos support national ID system
philstar.com - 2018-08-08
MANILA, Philippines -- Seven in every 10 Filipinos are supporting the implementation of the Philippine Identification Systems (PhilSys), according to a recent survey conducted by Social Weather Stations (SWS). The second quarter survey, conducted from ...

CVS launches MinuteClinic -- phone app health visits
Upi.com - 2018-08-08
Aug. 8 (UPI) --National pharmacy chain CVS said Wednesday it's expanding its healthcare offerings and will launch 24-hour video consultations with doctors through a mobile phone app. The company said its MinuteClinic application will provide virtual visits ...

Degenerative eye conditions linked to Alzheimer's in study
Upi.com - 2018-08-08
Aug. 8 (UPI) --Researchers have found a significant link between three degenerative eye diseases and Alzheimer's disease risk, offering a potential way for medical providers to detect the memory loss condition. Age-related macular degeneration, diabetic ...

New York Times' digital subscriber growth slows, shares drop
Reuters - 2018-08-08
(Reuters) - The New York Times Co (NYT.N) added fewer paid digital subscribers in the second quarter as it cut back on discounts, overshadowing its better-than-expected quarterly results and sending its shares down nearly 5 percent on Wednesday. The ...

Tesla's Gigafactory 2 in New York is struggling to ramp up solar roof production
Business Insider - 2018-08-08
Tesla's production of solar roof tiles has been delayed by assembly-line problems at its new publicly subsidized factory and difficulties producing a product that satisfies the aesthetic demands of CEO Elon Musk, eight former and current employees of both ...

The global overactive bladder treatment market is expected to grow at a CAGR of 2.4%
Yahoo Finance - 2018-08-08
NEW YORK, August 8, 2018 /PRNewswire/ -- Prescription Drugs, OTC Drugs, Short-term Therapy, Long-term Therapy Report Details Read the full report: https://www.reportlinker.com/p05471645 The global overactive bladder treatment market is expected to grow at ...

Clouds, wildfire smoke may spoil Perseid meteor shower for many this weekend
YAHOO! - 2018-08-08
This weekend will feature one of the best meteor showers of the year, boasting over 50 meteors an hour. However, clouds and wildfire smoke may spoil the show for many across the United States. "This shower is routinely one of the best and most popular ...

Latin America's Biggest Video Game Show Is About To Get Even Wilder
Forbes - 2018-08-08
Now in its eleventh year, Brasil Game Show, Latin America's biggest video game convention, is pulling out all the stops. BGS has welcomed more than 1.5 million people through its doors since its inception in 2009, and, in recent years, has made a ...

China is moving ahead with a huge robot farming pilot that could one day put many of the country's 250 million farmers out of work
Business Insider - 2018-08-08
For the next seven years, China will run a pilot program to replace farmers with robots. The program features unmanned tractors, rice transplanters, and pesticide applicators. A rise in automated farming could produce greater yields and cheaper food ...

Globe Telecom earnings rise in 1 st half
BusinessWorld - 2018-08-08
Revenues of its home broadband and corporate data business also improved by 12% to P8.6 billion and 9% to P5.4 billion, respectively. "This was boosted by the expansion of subscribers and continued high demand for various business solutions catering to ...

DoubleDragon Properties completes first industrial warehouse in Tarlac
BusinessWorld - 2018-08-08
Sia II was quoted in a statement as saying. DoubleDragon is banking on the projected rise in demand for multi-use warehouses in the country driven by consumer-related companies. The company will be developing another CentralHub site in North Luzon after ...

Pharmacy Technician Certification Board (PTCB) Welcomes Liza Chapman and Ryan Burke To Lead Partnership Development and Professional Affairs
Yahoo Finance - 2018-08-08
WASHINGTON, Aug. 8, 2018 /PRNewswire/ -- The Pharmacy Technician Certification Board (PTCB), the nation's leading certifying body for pharmacy technicians, announces the addition of Liza Chapman, PharmD, FAPhA, as Vice President of Partnership Development ...

Campaign on fistula brings renewed hope for rural Nigerian women
Reuters - 2018-08-08
MAIDUGURI, Nigeria (Reuters) - For four years, Nigerian mother Mariam Saraki has been unable to hold back urine after a complicated labor led to a vaginal fistula. Ashamed and isolated, it has cost her a husband and a community. Saraki suffered the fistula ...

Twitter's CEO explained why he didn't banish Alex Jones and, in doing so, took a not-so-subtle swipe at Facebook
Business Insider - 2018-08-08
Twitter CEO Jack Dorsey has tweetstormed his reasons for not banishing the conspiracy theorist Alex Jones from his service, and in doing so he took a not-so-subtle swipe at Facebook and YouTube. In a thread of five tweets , Dorsey on Tuesday said Jones had ...

Tesla's Board Should Explain Its Explanation
Bloomberg L.P. - 2018-08-08
A mere 20 hours after Elon Musk announced over the tweetwaves that he might take Tesla private, six members of the board weighed in: Last week, Elon opened a discussion with the board about taking the company private. This included discussion as to how ...

Why Sequoia And Coatue Just Poured $40 Million More Into This Data Science Startup
Forbes - 2018-08-08
To hear Nick Elprin tell it, technology is going through a third seismic shift in computing. First, the CEO of Domino Data Lab argues, there was hardware design, better microchips that enabled computers to work faster and handle more information.

Duterte: I am a 'lame duck' President
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- President Duterte spoke disparagingly of himself Wednesday, saying he was a "lame duck" President. In a speech during the anniversary of the Philippine National Police (PNP), the President said he was at the end ...

Poe pushes bill protecting journalists, media practitioners
CNN Philippines - 2018-08-08
Metro Manila (CNN Philippines, August 8) -- Senator Grace Poe has proposed some measures to protect journalists and other media practitioners from harassment, physical intimidation and violence. During the Senate hearing on media killings Wednesday, Poe ...

SG, PHL: On a common path toward peace, progress and prosperity
BusinessMirror - 2018-08-08
Approximately 700 guests were in attendance, comprising Filipino friends from government, business, media and the arts, as well as our Singaporean community in Manila. Give us a picture of the state of bilateral relations between the two countries.

Biggest rate hike in a decade on the cards for Philippines
BusinessMirror - 2018-08-08
THE question facing policy-makers in the Philippines is not whether to raise interest rates for a third time in a row, but by how much. A booming economy, surging inflation and pressure on the currency are setting the stage for a 50-basis-point increase in ...

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