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Additional AIIB funding sought for infrastructure projects
philstar.com - 2018-06-27
MANILA, Philippines -- The government is seeking additional funding assistance from the Asian Infrastructure Investment Bank (AIIB) for three other big-ticket infrastructure projects, the Department of Finance (DOF) said yesterday. Finance Secretary ...

Instagram's $100 billion valuation pushes Facebook's dominance of social media to new heights
Business Insider - 2018-06-27
Facebook-owned Instagram would now reportedly be worth $100 billion as a standalone company, according to an analysis from Bloomberg Intelligence-- more than double its valuation by Citigroup back in 2014, and far more than many expected it to be worth ...

Read My Lips: How AI Enables Safe Driving
Forbes - 2018-06-27
Self-driving cars may not be in production yet, but driver assist technology in vehicles today continues to get more advanced, improving road safety. These technologies can alert a driver if a car is in their blind spot, keep vehicles centered in the lane ...

Market gains anew as investors pick up bargains
philstar.com - 2018-06-27
Among the specific issues, top gainers included DMCI Robinsons Land, and SM Prime as they gained 6.9 percent, six percent, and 5.3 percent, respectively. First Metro Investment Corp., for its part, sees the PSEi continuing with its consolidation.

Google Home and Chromecast have been down for hours due to mysterious 'glitch'
Mashable - 2018-06-27
It's turning out to be a great day for service outages. Google Home speakers and Chromecasts have been down across the world for several hours as the result of an unspecified "glitch." SEE ALSO: I talked to Google's human-sounding AI on the phone: Here's ...

Term deposit yields reach record levels
philstar.com - 2018-06-27
MANILA, Philippines -- Term deposits yesterday fetched record yields after the Bangko Sentral ng Pilipinas (BSP) delivered back-to-back rate hikes as inflation expectations remained elevated due to possible second-round effects from ongoing price pressures.

Maynilad, Manila Water push for rate increases
thestandard.com.ph - 2018-06-27
On the water rate hike, Lopez-owned Manila Water and Maynilad Water Services Inc. both called for a rate rebasing scheme ... Manila Water, in a statement, said it considered its company income tax and other expenses like sports activities in requesting ...

A founder who said he would never sell his startup reveals why he changed his mind for Canada's 'quiet, sleepy $18 billion company'
Business Insider - 2018-06-27
Serial entrepreneur Michael Perry had no intention of selling his company. That is, until Shopify, a multibillion-dollar e-commerce giant, made an acquisition offer in 2016. Perry sold his startup Kit for an undisclosed amount. Perry said his reasons for ...

Domino's Must Lead In Autonomous Delivery Just As It Now Does in Pizza Sales, Departing CEO Says
Forbes - 2018-06-27
Dale Buss, Contributor I am grounded in autos but range broadly. Opinions expressed by Forbes Contributors are their own. If Patrick Doyle were becoming CEO of Domino's today instead of leaving the job as of Friday, cars -- not the taste of pizza -- might ...

Public Citizen Calls on FDA to Pull Gout Drug Due to CV Risk
Medscape - 2018-06-27
The nonprofit advocacy group Public Citizen has asked the US Food and Drug Administration (FDA) to immediately pull the gout drug febuxostat (Uloric, Takeda Pharmaceuticals) from the market following results of a large postmarketing study that showed ...

Trump Restrictions On Chinese Tech Investment Looser Than Expected
International Business Times - 2018-06-27
After several days of worried speculation by the markets, it sounds like the White House is easing up on China a bit. Reports earlier this week that President Donald Trump would introduce measures to stop Chinese investments in U.S. tech companies were ...

Lithium in Pregnancy Tied to Infant Morbidity, Malformation Risk
Medscape - 2018-06-27
Lithium use during pregnancy is associated with increased risk for neonatal hospital readmission and increased risk for major malformations during the first trimester, new research suggests. A collaborative meta-analysis encompassing more than 22,000 ...

Study: Older insulin forms as effective as newer type 2 diabetes drugs
Upi.com - 2018-06-27
June 27 (UPI) --Older versions of insulin for type 2 diabetics were just as effective as the newer, costlier generation of therapy in a recent study. Researchers at the Yale School of Medicine and Kaiser Permanente studied the effects of human insulin and ...

Canon Marketing Philippines Inc. and Chinese General Hospital and Medical Center...
BusinessMirror - 2018-06-27
CMPI Business Development Manager for Office Imaging Products (OIP) . As a global leader in total digital imaging solutions, Canon Marketing Philippines Inc. (CMPI) announced last April 5, 2018 a new partnership with Chinese General Hospital and Medical ...

'Heat zapping' kidney tumors may help some patients avoid surgery
Upi.com - 2018-06-27
WEDNESDAY, June 27, 2018 -- When kidney cancer strikes, surgical removal of the organ is often the standard course of action. But new research supports a nonsurgical approach for some patients: using a needle to "zap" kidney tumors away with either heat or ...

NEDA bullish on project completion
BusinessWorld - 2018-06-27
The administration had initially caused confusion after it took office at end-June 2016 after Mr. Duterte announced his "separation" from the United States and realignment with China and Russia in a speech in a Beijing business dinner in October that year.

May sees infra, other capital outlays rise
BusinessWorld - 2018-06-27
INFRASTRUCTURE and other capital outlays continued to surge in May, the Department of Budget and Management (DBM) said on Wednesday, backing projections that gross domestic product (GDP) growth caught up with the official target this quarter. May saw P58.1 ...

NutriAsia welcomes DOLE ruling on striking workers
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 27) -- Food condiment giant NutriAsia welcomed the ruling of the Department of Labor and Employment (DOLE) on the status of workers on strike in its Bulacan plant. It said DOLE Region 3 has confirmed the workers are ...

DOT, BIWC in quandary over DENR ruling on shutting off sewer pipe
BusinessMirror - 2018-06-27
For her part, BIWC Business Operations Head Acs SC Aldaba said, the firm has started surveying this week "to assess the available public alleys that can be utilized as additional lateral lines for the conveyance of sewage coming from affected ...

SANUWAVE Signs MOU for Exclusive Joint Venture with FKS in Southeast Asia
Yahoo Finance - 2018-06-27
SUWANEE, GA, June 26, 2018 (GLOBE NEWSWIRE) -- SANUWAVE Health, Inc. (SNWV) is pleased to announce a ... Myanmar, Laos, Thailand, Philippines, Indonesia and Vietnam. The JV is expected to place at least 40 devices during 2018 and over 200 in the first ...

Delayed ODA projects may shift to private funds
BusinessMirror - 2018-06-27
THE government is open to shifting financing sources for big-ticket projects to the private sector if its official development assistance (ODA) partners fail to meet the timeline for projects, the National Economic and Development Authority (Neda) said. In ...

BMI: 'Modest' weakness ahead for peso
philstar.com - 2018-06-27
MANILA, Philippines -- The Philippine peso, which has been dubbed the worst performing currency in the region, will likely see "modest" weakness ahead, BMI Research said Wednesday. In a report, the Fitch unit said it expects the local unit to average ...

Philippine property unicorn expands to Cyprus
Nikkei Asian Review - 2018-06-27
BANGKOK -- Revolution Precrafted, the first startup in the Philippines to be valued at over $1 billion ... and Chief Executive Robbie Antonio said in a recent interview with the Nikkei Asian Review. "We didn't want to be just a regional player.

8990 finally breaks ground on largest condo project in Metro Manila
BusinessMirror - 2018-06-27
MASS-HOUSING developer 8990 Holdings Inc. on Wednesday finally broke ground on its largest condominium project in Metro Manila to be located in Pasig, more than four years after it purchased the land as it faced a series of delays. 8990 President and CEO ...

Worsening trade row deepens chill felt by Chinese dealmakers seeking to do U.S. takeovers
Reuters - 2018-06-27
HONG KONG (Reuters) - The rapidly deteriorating trade and investment relationship between Washington and Beijing is sending a further chill through Chinese dealmakers who have already seen the number of Chinese acquisitions of American assets take a big hit.

PHL seen recovering from drop in digital-competitive ranking
BusinessMirror - 2018-06-27
Known in the tech industry as DX, digital transformation enables enterprises to seamlessly blend digital and physical business and customer experiences while improving operational efficiencies and organizational performance. Industry spending for ...

Does air-conditioning make the world warmer?
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 27) -- People used to associate refrigeration and air-conditioning to a hole in the ozone layer. But these appliances pose another threat to the environment: global warming. According to the International Energy Agency ...

Stocks rallies, recovers from Monday's losses
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 27) -- The stock market continues its recovery after it traded below the 7,000 mark earlier this week. The Philippine Stock Exchange closed on Wednesday at 7,176.43 as the market rallies to recoup losses. All sub ...

PH, China to sign MOU to ease poverty
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 27) - The Philippines and China will sign a memorandum of understanding (MOU) this year to implement poverty-reduction projects in the country. National Anti-Poverty Commission lead convenor Liza Maza said in a media ...

5 Ways To Create a Millennial-Friendly Workplace
BusinessMirror - 2018-06-27
Management systems being used today were developed in the 1980s. It was in that circa that human resources (HR) was first considered as an integral function of business organizations. This factor is another reason why your current workplace culture does ...

Mental Health Law encourages R&D on mental health
Philippine Information Agency - 2018-06-27
TAGUIG CITY, June 27 -- The country celebrates the approval of the Philippine Mental Health Law or Republic Act 11036 after it was signed by President Rodrigo Duterte on 21 June 2018. Before the law, the Philippines belonged to the one quarter of countries ...

Concern over Maradona after health scare in Argentina thriller
Rappler - 2018-06-27
SAINT PETERSBURG, Russia - Diego Maradona roared and gesticulated through every anguished second of Argentina's rollercoaster World Cup victory over Nigeria on Tuesday, June 26, before triggering alarm with a health scare after the final whistle.

AFP-PNP joint probe looks into coordination lapses in bloody misencounter
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 27) -- Policemen running after communist rebels in Samar province coordinated their operations with government security forces but the information may not have reached soldiers on the ground, leading to their mistaken ...

JV Ejercito wants finance expert to head PhilHealth
CNN Philippines - 2018-06-27
"I've been recommending to the President to already appoint a permanent head... someone with financial expertise and actuarial capability," Ejercito told CNN Philippines' The Source. "In the state of PhilHealth right now, we need a financial expert to ...

Bidders swarm open auction for rice imports
philstar.com - 2018-06-27
MANILA, Philippines -- The government has opened the bidding for the importation of 805,200 metric tons (MT) of rice under the minimum access volume (MAV) scheme. The open auction was oversubscribed, attracting nearly 450 companies and cooperatives.

Diokno disputes Duterte: Economy is doing well
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 27) -- Budget Secretary Benjamin Diokno on Wednesday disputed President Rodrigo Duterte's statement that the country's economy is "in the doldrums." He said economic data shows the Philippine economy is doing well ...

DICT, NTC release new selection rules for third telco player
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 28) -- The latest draft for the process of choosing the next telecommunications player in the country has been released three months after the initial target date of the player's entry. The Department of information and ...

Tesla testing 'Mad Max' autopilot mode
CNN Philippines - 2018-06-27
The incident sparked an investigation by the National Transportation Safety Board and complaints ... according to The Brookings Institute. California passed a law allowing remote monitoring of self-driving vehicles in April.

Duterte feels 'useless' over PH crime survey results
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 27) -- President Rodrigo Duterte on Tuesday said he felt useless after learning that a private pollster found that 6.6 percent or an estimated 1.5 million Filipinos fell victim to common crimes, challenging local ...

How some women assess safety at a new workplace
CNN Philippines - 2018-06-27
(CNN Money) -- There's a lot of research to be done before you accept a position -- especially if you're a woman job hunting in the #MeToo era. Stories about high-profile harassers in media, entertainment, technology and beyond, have made some women ...

Cocaine and heroin supplies hit 'record highs' globally
CNN Philippines - 2018-06-27
(CNN) -- Cocaine supplies and heroin seizures have hit a record high, a new report finds. Supplies of cocaine in 2016 and opium from 2016 to 2017 hit their highest ever recorded levels, according to the 2018 World Drug report released by the United ...

Albayalde appeals to police: Exercise 'sound judgment' in tambay operations
CNN Philippines - 2018-06-27
Metro Manila (CNN Philippines, June 26) -- Philippine National Police (PNP) Chief Oscar Albayalde is appealing to the police, especially station commanders, to exercise sound judgment in arresting local ordinance violators. "Sometimes you can't teach ...

LTFRB officials face graft case over PUV modernization program
CNN Philippines - 2018-06-27
CNN Philippines (Metro Manila, June 26) -- A transport group filed a graft case against regulators on Tuesday for allegedly favoring certain groups or entities in the issuance of franchise for new routes. In an eight-page complaint filed with the ...

Philippine soldiers accidentally kill six police in jungle clash
Business Insider - 2018-06-27
MANILA (Reuters) - Philippine soldiers mistakenly killed six police officers and wounded nine on Monday during an operation against Maoist guerrillas in thick jungle, an army general said. A platoon of soldiers was operating in a remote village on Samar ...

Philippine president slammed for calling God 'stupid'
Business Insider - 2018-06-27
MANILA, Philippines (AP) -- The Philippine president, notorious for having cursed the pope and world leaders like former U.S. President Barack Obama, has sparked new outrage by calling God "stupid" in Asia's largest Catholic country. Opposition Sen.

Tech Moves: SEEVA taps Intellectual Ventures vet as CTO; Expedia appoints new vice chair; and more
GeekWire - 2018-06-27
Tech Moves covers notable hires, promotions and personnel changes in the Pacific NW tech community. Submissions: tips@geekwire.com Geoff Deane. (SEEVA Photo) SEEVA, a Seattle startup creating new technologies for autonomous vehicles, tapped Intellectual ...

LTFRB chief denies favoring certain PUV groups
philstar.com - 2018-06-26
MANILA, Philippines -- Land Transportation Franchising and Regulatory Board (LTFRB) Chairman Martin Delgra III yesterday insisted he never favored certain groups in granting franchises to public utility vehicles (PUVs). Delgra belied the allegations of ...

8 killed in Calabarzon shootings
philstar.com - 2018-06-26
CAMP VICENTE LIM, Laguna, Philippines -- Eight persons including two alleged carjackers and five drug suspects were killed in separate shootings in Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon) in the past two days. The alleged carjackers, whose ...

Smart road technology could turn highways into crash-sensing 'touchpads'
NBC News - 2018-06-26
They're called smart roads: highways studded with sensors that monitor wear and tear and "feel" vehicles like fingers on a touchpad, and that are connected to the internet to alert motorists to traffic jams and automatically summon help when accidents occur.

The 'retroreflector' reflects sound in the direction it came from
Upi.com - 2018-06-26
June 26 (UPI) --Scientists have developed a superior sound-reflecting material. The "retroreflector" technology can bounce back sound waves in the direction they came from. Previous retroreflectors relied on a combination of angled reflections to return ...

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