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ADB keeps growth outlook, raises inflation forecast for Philippines
philstar.com - 2018-07-19
MANILA, Philippines -- The Asian Development Bank on Thursday retained its growth outlook on the Philippines, but raised its inflation forecast for the country this year. In a supplement to its Asian Development Outlook 2018 report, the Manila-based ...

Fed says trade war downturn could pose challenges
philstar.com - 2018-07-19
WASHINGTON -- Federal Reserve Chairman Jerome Powell said Wednesday that the central bank has tools it can use to cushion the potential economic fallout from a trade war. But he told Congress the effort could be challenging if higher tariffs push ...

EU fines Google a record $5 billion over mobile practices
philstar.com - 2018-07-19
BRUSSELS -- European regulators came down hard on another U.S. tech giant Wednesday, fining Google a record $5 billion for forcing cellphone makers that use the company's Android operating system to install Google search and browser apps. The European ...

Deped Ozamiz recognizes health personnel's role in quality education
Philippine Information Agency - 2018-07-19
OZAMIZ CITY, Misamis Occidental, July 9 (PIA)--Department of Education (Deped) Ozamiz City Division recognized the vital role of all Deped health personnel in the delivery of quality, accessible, relevant and liberating basic education for all schools in ...

Mark Zuckerberg clarifies his Holocaust comments
CNN Philippines - 2018-07-19
(CNN Money) -- Facebook CEO Mark Zuckerberg tried to clarify his controversial comments about Holocaust deniers Wednesday afternoon, hours after he was quoted saying some deniers who post on Facebook aren't "intentionally getting it wrong." Zuckerberg ...

More troops deployed in West PH Sea to assert claims - Nat'l Security Adviser
CNN Philippines - 2018-07-19
Metro Manila (CNN Philippines, July 18) -- The Philippine military has deployed more troops around the country's borders and outposts in the West Philippine Sea in the past year to assert its claims over the contested region. "To maintain effective ...

2 Manila police arrested for extortion
CNN Philippines - 2018-07-19
Metro Manila (CNN Philippines, July 19) -- Tension broke out at the headquarters of the Manila Police District early Thursday after police arrested two of their men. This after the Philippine National Police - Counter Intelligence Task Force (PNP-CITF ...

'Inday' to enhance monsoon rains over northern Luzon
philstar.com - 2018-07-19
At 3 a.m., the weather disturbance was located 840 kilometers east of Basco, Batanes with maximum winds of 65 kph and gusts of up to 80 kph, according to state weather bureau PAGASA. As Inday stays almost stationary, the southwest monsoon will continue to ...

Lawmakers, transition body members clash over BBL preamble
CNN Philippines - 2018-07-19
These were just correcting, or cleaning up certain provisions that we felt, would better stand the test of constitutionality at the Supreme Court," he said. As the bicameral committee report was done on Wednesday, the panel's sixth day of deliberations ...

Europe fines Google $5 billion for abusing its Android dominance
CNN Philippines - 2018-07-19
(CNN Money) -- Europe has hit Google with a record $5 billion fine. The company was ordered by the European Commission on Wednesday to pay EUR4.34 billion ($5 billion) for unfairly pushing its apps on smartphone users and thwarting competitors. "Google ...

Exclusive: Philippines could breach U.S. sanctions if Russia arms deal proceeds
Business Insider - 2018-07-19
MANILA (Reuters) - The Philippines is at risk of breaching sanctions imposed by the United States if it proceeds with the purchase of grenade launchers from a blacklisted Russian firm, a deal that could test its longtime security alliance with Washington.

Philippines retains investment grade rating from Fitch
philstar.com - 2018-07-19
a net external creditor position and policies geared toward maintaining macro stability against lower income per capita and weaker governance and business environment indicators compared to its rating category peers. "However, the agency believes the ...

Tropical Depression 'Inday' to spawn more rains; 'Henry' leaves 3 dead
philstar.com - 2018-07-19
Classes remained suspended in Metro Manila and nearby provinces yesterday as well as in some national and local government offices due to inclement weather brought by the southwest monsoon. Three people reportedly drowned in separate incidents in Cagayan ...

Malacañang: Federalism will not damage economy
CNN Philippines - 2018-07-18
"Our budget would remain the same, as identified national projects would be devolved and transferred to the internal revenue allotment (IRA) of local government units," Roque explained. In turn, local government units are expected to implement projects ...

Rising chronic disease cases hamper PH economic growth - ADB
CNN Philippines - 2018-07-18
Metro Manila (CNN Philippines, July 18) -- The exponentially growing number of non-communicable diseases over the last decade is posing financial risks to the Philippines and other countries in Asia, the Asian Development Bank (ADB) said. "They are ...

LTFRB orders Hype to explain alleged overcharging
CNN Philippines - 2018-07-18
Metro Manila (CNN Philippines, July 18) -- The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday ordered new transport network company (TNC) Hype to explain a report of alleged overcharging. In a show-cause order dated July 17, LTFRB ...

LTFRB summons new firm over per-minute charge
philstar.com - 2018-07-18
MANILA, Philippines -- The Land Transportation Franchising and Regulatory Board (LTFRB) has summoned new ride-hailing company Hype over its alleged illegal P2-per-minute charge. In a show cause order (SCO) signed July 13 and released yesterday, LTFRB ...

Additional lanes opened for Napindan Bridge II
philstar.com - 2018-07-18
MANILA, Philippines -- The travel time between Bicutan, Taguig City and Taytay, Rizal would be reduced by 30 minutes after the Department of Public Works and Highways (DPWH) opened the 152-lineal-meter Napindan Bridge II, officials said yesterday.

Excise tax collection exceeds target in first half
philstar.com - 2018-07-18
MANILA, Philippines -- The government collected P152.72 billion in excise taxes in the first half, exceeding the P136.82 billion target by 11.61 percent mainly due to higher "sin tax" collections, according to the Department of Finance. Based on DOF ...

New HIV cases almost hit 1,000 per month
philstar.com - 2018-07-18
MANILA, Philippines -- For three succeeding months, the number of new HIV/AIDS cases hit almost 1,000 a month, the latest report of the Department of Health (DOH) showed yesterday. Based on the HIV/AIDS registry prepared by the DOH-Epidemiology Bureau ...

Glass Has Ancient Origins But A High-Tech Future
NPR - 2018-07-18
The future of how you interact with computers depends on a technology that's more than 3,000 years old. It's a technology you already use every day, on your smartphone, your TV, in your home, your car and most likely at work. It's even in the wires that ...

Wall Street doesn't think that the $5 billion EU fine will slow Google down -- but one analyst says there's another, overlooked cause for concern
Business Insider - 2018-07-18
Analysts who cover Google don't expect that the $5 billion fine imposed on the company by the European Union to cause much harm to the business. According to reports published Wednesday by finanacial analysts, Google is largely expected to meet Wall Street ...

China won't allow Philippines to fall into a 'debt trap': envoy
Yahoo Finance - 2018-07-18
MANILA (Reuters) - China will not allow the Philippines to fall into a "debt trap", even as it has committed itself to handing out loans and grants to help finance the Southeast Asian country's massive infrastructure projects, Beijing's ambassador said on ...

Mark Zuckerberg says Facebook won't ban Holocaust deniers because it wants to give people 'a voice'
Business Insider - 2018-07-18
Facebook says it won't ban Holocaust deniers or delete their posts. CEO Mark Zuckerberg says doing so would run against Facebook's principle of "giving people a voice." In an interview published Wednesday, the Facebook chief exec defended the presence of ...

iOS 12 Public Beta 3: Post Prime Day Blues
Forbes - 2018-07-18
In what's becoming a trend, Apple is releasing their latest iOS 12 Public Beta test as we recover from previous day excesses. Public Beta 2 was fireworks and backyard BBQs, Public Beta 3 is as we blearily rise and look at our credit card statements..

Moving The World: How Mobility-As-A-Service Means Mobility For All
Forbes - 2018-07-18
Some say life is about the journey, not the destination. However, sometimes that journey can be a little too long. Just a decade ago, getting from Point A to Point B was no easy task. There was no real-time map to plan the fastest route. No service to make ...

Could just the smell of coffee be enough to give your brain power boost?
YAHOO! - 2018-07-18
Often touted for its many health benefits, new research suggests you might not even need to drink coffee to reap some of its rewards, with a US study finding that just the scent of a cup of joe could help give people a cognitive boost that improves ...

Special Report: Crackdown nets 29 officials
Sun Star - 2018-07-18
Celestina dela Serna, who was fired as Philippine Health Insurance Corporation (PhilHealth ... Rodolfo Salalima, former Department of Information and Communications Technology (ICT) secretary Salalima, a former classmate of Duterte at the San Beda College ...

6 rescued from captors in Sulu
philstar.com - 2018-07-18
ZAMBOANGA CITY, Philippines -- Six persons held captive by suspected members of a criminal gang in Sulu were rescued on Tuesday. Farm caretakers Feliciano Jerry Javier and his wife Elsa, both 28; Junior Javier and his wife Rica, both 22, and their ...

Elon Musk Apologizes To Diver In Cave Rescue For Words 'Spoken In Anger'
NPR - 2018-07-18
Defusing a spat with a British diver involved in the rescue of 12 boys and their soccer coach in Thailand last week, tech entrepreneur Elon Musk has apologized for his part in the exchange. Musk had tweeted a personal attack on Vern Unsworth after the ...

Philippines' Duterte praises China amid South China Sea expansion
Upi.com - 2018-07-18
An exclusive report putting perspective on the week's most important developments. July 18 (UPI) --Philippine President Rodrigo Duterte is avoiding criticism over Chinese expansion in the South China Sea, and has instead described Beijing as a good neighbor.

High Social Media Use May Fuel ADHD in Teens
Medscape - 2018-07-18
Heavy use of texting, video chatting, and social media may contribute to the onset of symptoms of attention-deficit/hyperactivity disorder (ADHD) in youth, new research suggests. Among a large group of adolescents who did not have symptoms of ADHD at ...

Fitch affirms stable PH credit rating, warns against overheating
CNN Philippines - 2018-07-18
Metro Manila (CNN Philippines, July 18) -- International debt watcher Fitch Ratings' outlook on the country remains stable. Fitch announced Tuesday that the Philippines has maintained its "BBB" or stable long-term foreign-currency issuer default rating ...

SPC Power sees little hit from Naga plant decision
BusinessWorld - 2018-07-18
paving the way for Aboitiz Power Corp. to take hold of the complex after years of legal proceedings that ended in its favor. It said the turnover is pursuant to the decision of the Supreme Court in Osmeña versus PSALM et al., declaring as null and void ...

PFA wants to double local brands going overseas in next two years
BusinessWorld - 2018-07-18
"We host them, we do business matching. Because we want to spur. For us to grow, we need more of our brands coming in," he said, explaining that Filipino firms would have to expand outside the country since more international brands are competing with ...

Bioengineering technique created for personalized bone grafts
Upi.com - 2018-07-18
July 18 (UPI) --Combining segments of bone engineered from stem cells, scientists have developed a new technique for personalized bone grafts for patients with disease of injury. The method, which was described Wednesday in the journal Scientific Reports ...

San Miguel to invest $1B to build 10 new breweries
BusinessWorld - 2018-07-18
PHILIPPINES conglomerate San Miguel Corp. is planning to invest at least $1 billion in ... San Miguel is also looking to open its first production facility in the United States and build a second plant in Vietnam, Mr. Ang said. "This is not for the ...

BBL proves there's no need for federalism in PH-- Drilon
CNN Philippines - 2018-07-18
Metro Manila (CNN Philippines, July 18) -- Senate minority leader Franklin Drilon argued Wednesday that there is no need for the Philippines to shift to a federal system of government to achieve regional empowerment. He said that once passed, the ...

'Mental Health Czar' Bullish on Prevention, Mental Health Issues
Medscape - 2018-07-18
America's so-called mental health czar is pushing forward with her commitment to help develop initiatives focused on both substance abuse prevention and severe mental illness, including overseeing a new grant awarded to the American Psychiatric Association ...

BSP: Overseas Filipinos sent more money home in May
CNN Philippines - 2018-07-18
Metro Manila (CNN Philippines, July 18) -- Overseas Filipino Workers (OFW) sent more money home in May than a year ago, data from the Bangko Sentral ng Pilipinas (BSP) showed. In a statement, the central bank said personal remittance grew by 6.1 percent ...

Google, hit with record $5 billion EU antitrust fine, to appeal
Reuters - 2018-07-18
BRUSSELS (Reuters) - EU antitrust regulators hit Google with a record 4.34 billion euro ($5 billion) fine on Wednesday and ordered it to stop using its Android mobile operating system to block rivals, a ruling which the U.S. tech company said it would appeal.

Bicam committee OKs final version of Bangsamoro Organic Law
CNN Philippines - 2018-07-18
Metro Manila (CNN Philippines, July 18) -- The bicameral conference committee tasked to iron out provisions of the proposed Bangsamoro Basic Law has approved the consolidated version of the Bangsamoro Organic Law on Wednesday. The 28-member panel approved ...

Palace: No risk of weaker fiscal position with federalism shift
BusinessWorld - 2018-07-18
He added: "Our budget will remain the same, as identified national projects would be devolved and transferred to the internal revenue allotment (IRA) of local government units. These projects include maintenance of barangay roads and bridges, water ...

Jollibee expands global operations further, opens first store in Macau
BusinessMirror - 2018-07-18
President and Head for International Business of Jollibee, EMEAA (Europe, Middle East, Asia and Australia).

Fashion, Arts and Design Meet Business Enterprise at ICE-FAD
BusinessMirror - 2018-07-18
... FAD is a fashion and art school inside EDSA Shangri-la Plaza Mall, that separates itself against its competitors inevitably because it pioneers in instilling in creative minds that to succeed in the fashion and art business today, one should learn ...

SSI to open first Shake Shack burger joint in PHL in 2019
BusinessMirror - 2018-07-18
The company said it entered a development and license agreement with US firm Shake Shack Inc. to open its burger joints in the Philippines, opening its first store by next year ... to partner with the SSI Group, known for its retail expertise and culture ...

LIST: Rerouting scheme for SONA 2018
philstar.com - 2018-07-18
MANILA, Philippines -- The Quezon City Police District and the Department of Transportation on Wednesday released the rerouting scheme for President Rodrigo Duterte's third State of the Nation Address on Monday, July 23. The QCPD set up a counterflow area ...

Hikma raising injectable opioids output to help ease shortage at U.S. hospitals
Reuters - 2018-07-18
LONDON (Reuters) - London-listed pharmaceutical group Hikma (HIK.L) said on Wednesday it was increasing its supply of hydromorphone to U.S. hospitals to help ease a shortage of injectable opioids used to treat patients. Injectable opioid painkillers, which ...

'Inday' strengthens, may become tropical storm in 24 hours
philstar.com - 2018-07-18
MANILA, Philippines -- Tropical Depression Inday intensified further as the state weather bureau warned on Wednesday that the weather system could become a tropical storm within the next 24 hours. PAGASA said in a televised press briefing that "Inday ...

Walang pasok: Class suspensions for July 19
philstar.com - 2018-07-18
July 19, have been suspended in some areas due to monsoon rains enhanced by Tropical Depression Inday. State weather bureau PAGASA said that "Inday" may intensify into a tropical storm within the next 24 hours.

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