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Instagram just reached 1 billion users
Business Insider - 2018-06-20
Instagram announced on Wednesday it had reached 1 billion active users for the first time ever. In comparison, Facebook has around 2.19 billion monthly active users and Snapchat has about 100 million monthly active users. Instagram also announced it was ...

Bears take over as index plunges to 15-month low - 2018-06-20
In a similar commentary, Gio Perez of Papa Securities said most investors stayed on the sidelines yesterday prior to BSP meeting. In terms of specific issues JG Summit lost 4.4 percent, while another conglomerate Aboitiz Equity Ventures shed 3.9 percent.

After Opioid Overdose, Only 30% Get Medicine to Treat Addiction
Medscape - 2018-06-20
More than 115 Americans die every day of opioid overdose. Many more who overdose survive due to the antidote medication naloxone. But a study out Monday finds that just 3 in 10 patients revived by an EMT or in an emergency room received the follow-up ...

P40 million Ormoc water clarifying plant inaugurated - 2018-06-20
ORMOC CITY, Philippines -- The first phase of a P40-million water clarifying plant at the Ahag Filtration Gallery, a major source of water for residents in this city, was inaugurated on Monday. Mayor Richard Gomez; Councilor Benjamin Pongos Jr.; Fulton ...

After Volcano Eruption in Guatemala, Re-creating a Truck Covered in Ash
The New York Times - 2018-06-20
Times Insider delivers behind-the-scenes insights into how news, features and opinion come together at The New York Times. On June 3, Volcán de Fuego in Guatemala erupted, sending burning lava, rocks and gas surging down the slopes toward the communities ...

Manila city jail raid: Weapons, contraband seized - 2018-06-20
MANILA, Philippines -- Authorities confiscated weapons and drug paraphernalia during a raid on the Manila city jail at dawn yesterday. The raid dubbed, Oplan Greyhound, was conducted by members of the Bureau of Jail Management and Penology, Philippine ...

A Pediatrician Reports Back From A Visit To A Children's Shelter Near The Border
NPR - 2018-06-20
Nearly 2,000 immigrant children were separated from their parents after crossing the U.S.-Mexico border unlawfully this spring, according to the Department of Homeland Security. Many pediatricians have expressed concerns about the effects this traumatic ...

Law makes building cellsites quicker
Sun Star - 2018-06-20
At least 25 permits, including approval from homeowners, and the go signal from the Department of Health (DOH), should be completed before an actual cellsite is built. This usually takes months to a year before the documentary hurdles are complete.

Australia telecom giant Telstra to axe 8,000 jobs - 2018-06-20
SYDNEY, Australia -- Australia's dominant telecommunications company Telstra Wednesday announced plans to axe 8,000 jobs -- a quarter of its workforce -- as part of a drastic new strategy to cope with an increasingly competitive industry. The decision by ...

Atul Gawande Named CEO Of Health Venture By Amazon, Berkshire Hathaway And JPMorgan
NPR - 2018-06-20
Surgeon, author and checklist-evangelist Atul Gawande has been picked to lead the health care venture formed by online giant Amazon, conglomerate Berkshire Hathaway and banking juggernaut JPMorgan. It's an interesting choice. But he was also the founding ...

Florida teen first human case of mosquito-borne Keystone virus - 2018-06-20
WEDNESDAY, June 20, 2018 -- The first confirmed human case of Keystone virus has been diagnosed in a Florida teen, but it's likely that infection with the mosquito-borne disease is common among state residents, researchers report. The virus can cause a ...

Asia business sentiment slips from 7-year high
BusinessWorld - 2018-06-20
US President Donald Trump has riled key allies with his protectionist policies, including the imposition of steel and aluminum tariffs on the European Union, Canada and Mexico. -- AFP KUALA LUMPUR -- Business confidence among Asian companies slipped for ...

Duterte to Immigration officials: Hands off on Chinese, Korean tourists
CNN Philippines - 2018-06-20
This comes amid reports of new incidents of alleged "tanim bala" schemes at the Ninoy Aquino International Airport. Officials, however, have denied such scheme still exists.

ALI unit expands Davao luxury residential project
BusinessWorld - 2018-06-20
AYALA LAND Premier (ALP) is launching the second tower of its luxury residential project in Davao City within the year, after seeing strong demand for the first tower where it generated P2.6 billion in sales. The luxury unit of Ayala Land, Inc. (ALI ...

Del Monte Philippines books P2.6-B profit
BusinessWorld - 2018-06-20
DMPI expects to see higher earnings for the fiscal year ending April 2019, banking on the growth of the local market. For the export market, the company aims to improve its performance with higher fresh pineapple sales under S&W, alongside increased export ...

AFP: Maute-ISIS leader not among fatalities in Lanao del Sur firefight
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- The military confirmed Wednesday the targeted Maute-ISIS leader was not among the casualties in the terror group's firefight against government troops in Lanao del Sur. Joint Task Force Ranao Deputy Commander Col.

Duterte: Findings on priest killings 'may not be good for Church'
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) - President Rodrigo Duterte revealed on Wednesday he is ready to release the "preliminary findings" on the recent killings of priests if asked. Speaking at a convention of the Philippine Councilor's League, Duterte ...

Singapore budget hotel start-up RedDoorz enters the Philippines, its 3rd South-east Asian market
The Straits Times - 2018-06-20
We realised that the Philippines held a strong demand for hotel rooms not only for tourists but also for business travellers. We felt that it was timely for us to make the conclusive move to start expanding here." With its entry into the Philippines ...

JBC panel interviews Ombudsman candidates
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- Nine candidates faced the Judicial and Bar Council (JBC) on Wednesday to bid for the Ombudsman post after the retirement of Conchita Carpio Morales. Labor Secretary Silvestre Bello III, Sandiganbayan Justice ...

AFP to procure P2.6 billion ammo after campaign vs Maute group - 2018-06-20
MANILA, Philippines -- Having used loads of ammunition in the campaign against Maute militants in Marawi for five months last year, the Philippine Army is putting up a P2.6-billion fund to procure mortar and artillery rounds. Lt. Col. Louie Villanueva ...

Water: Too big a problem to solve?
BusinessMirror - 2018-06-20
This is estimated based on the current water requirement of the two private water service providers operating in Metro Manila: Maynilad Water Services Inc. and Manila Water ... documents provided by Maynilad. The company said it has put in place a ...

Chinese tourists power visitor arrivals
BusinessMirror - 2018-06-20
The official said the DOT is pushing its marketing efforts in Japan, and will be heading to Tokyo, Nagoya and Osaka next week for the annual Philippine Business Mission. "The secretary [Bernadette Fatima Romulo Puyat] will be heading the delegation.

Thousands flee homes in Philippines as troops fight militants - 2018-06-20
June 20 (UPI) --More than 11,000 people in the Philippines were forced from their homes because ... as well as entertainment, trends, science, health and stunning photography. UPI also provides insightful reports on key topics of geopolitical importance ...

Consul general offers a toast for robust ties between the Philippines and Georgia
BusinessMirror - 2018-06-20
Same goes with its cheese, which he described as "very good," originating mainly from an agricultural ... their graduation, many college students and scholars at the Rizal Memorial State University in Zamboanga del Norte. As a "Rizalist," he ...

Cryptocurrencies fall as Korean exchange says $32 million stolen
BusinessWorld - 2018-06-20
The hacks in South Korea show "how ill-prepared a lot of the exchanges still are across large markets," said Vijay Ayyar, the Singapore-based head of business development at Luno, a cryptocurrency exchange. "The overall market is seeing a lot of ...

Philippines may lead Asia in protecting LGBT rights if same-sex marriage legalized -- HRW
BusinessWorld - 2018-06-20
Alvarez in 2017, it "would protect LGBT people from discrimination in employment, education, health care, housing, public services, and other areas." The bill seeks to legally recognize licensed unions between LGBT couples in the Philippines.

Grass gets greener for Roger Federer
BusinessMirror - 2018-06-20
HALLE, Germany--Roger Federer opened his Gerry Weber Open title defense by seeing off Aljaz Bedene of Slovenia, 6-3, 6-4, on Tuesday. The world No. 1 broke the No. 72nd-ranked Bedene at the first attempt and again for 5-4 in the second set to wrap up the ...

Revisiting the local tax on holding companies
BusinessMirror - 2018-06-20
Holding companies are plainly not subject to local business tax due to the parameters specified in our local tax code. As early as 2015, our Court of Tax Appeals (Court) en banc seem settled already as to the nontaxability of dividends and interests income ...

The hotel of choice for the richest Iloilo experience
BusinessMirror - 2018-06-20
The bright outlook explains why Megaworld, the developer of the 72-hectare Iloilo Business Park where Richmonde Hotel Iloilo is situated, continues to focus on the region. "Iloilo has been growing during the past three to five years," said Jennifer ...

I-Parent: The philosophies of a traveling soul
BusinessMirror - 2018-06-20
It can be a simple staycation, a weekend at the beach, or a new place to explore. For those who travel for business, you can free up a dinner alone at your favorite restaurant the night before you leave. Allotting time for our "I" as parents is not a ...

PAL shifts to bigger Airbus for Manila-Auckland flights - 2018-06-20
The refurbished A330 has 18 seats in the business class, 24 in premium economy and 267 in regular economy. "The shift to the A330 on the Manila-Auckland route increases overall capacity by 22 percent, helping stimulate leisure and business travel," the ...

Duterte wants DTI to put health warning labels on sugary drinks
BusinessWorld - 2018-06-20
President Rodrigo R. Duterte has ordered the Department of Trade and Industry (DTI) to place health warning labels on sugar-sweetened beverages, Trade Secretary Ramon M. Lopez said on Wednesday, June 20. In his economic press briefing at the Palace on ...

Philippine agency recommends graft charges against ex-president Aquino
YAHOO! - 2018-06-20
MANILA (Reuters) - The Philippine anti-graft agency on Wednesday recommended charges of corruption against former president Benigno Aquino, for disbursing more than a billion dollars of state funds without the required approval of Congress. Aquino ...

Trade chief warns against regional wage hikes
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- Trade Secretary Ramon Lopez warned against the possible negative effects of a regional wage increase. This comes at the heels of the Department of Labor and Employment (DOLE) announcing that minimum wages in the ...

BSP raises interest rates anew to tame inflation
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- The Bangko Sentral ng Pilipinas (BSP) raised interest rates by another 0.25 basis points to 3.5 percent from 3.25 percent over inflation concerns. This is the second meeting in a row where the Monetary Board, the ...

NFA admin: Buffer rice to be released by June
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- The National Food Authority (NFA) has begun unloading shipments of imported rice and is set to release them in the market by the end of the month, its administrator said. NFA Administrator Jason Aquino led the ...

Abu Sayyaf suspected in abduction of former Talipao mayor's kin - 2018-06-20
ZAMBOANGA CITY, Philippines -- Gunmen believed to be members of the Abu Sayyaf abducted before dawn on Wednesday the daughter of a former town mayor and his ex-wife in a village of Patikul town, Sulu. Lt. Col. Gerry Besana, spokesman of the Western ...

LTO to release pending license plates in July
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- The Land Transportation Office is set to release at least 387,000 motor vehicle plates in July. "The LTO will release the available vehicle plates simultaneously nationwide by first week of July," LTO chief Edgar ...

NGCP implements grid enhancement program - 2018-06-20
MANILA, Philippines -- The National Grid Corp. of the Philippines (NGCP) has implemented a comprehensive grid enhancement program, which it said prevented major transmission-related issues for the duration of the hot summer months. NGCP said the Luzon ...

Thai business outlook weakest in ASEAN due to political instability
Nikkei Asian Review - 2018-06-20
But despite that, Grant Thornton's quarterly "International Business Report" showed that only 16% of local and global corporations were optimistic about Thailand's business outlook, compared with 98% for Indonesia, 74% for the Philippines, 34% for ...

Lawyers: Supreme Court cases with tiebreaking Sereno vote can be questioned
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, July 20) -- Supreme Court cases with a close result -- particularly those where ousted Chief Justice Maria Lourdes Sereno gave a deciding vote -- can now be questioned, two lawyers said on Wednesday. This comes after the ...

Ombudsman indicts ex-President Aquino over multi-billion DAP case
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- The Office of the Ombudsman on Wednesday found probable cause to file criminal charges against former President Benigno Aquino III over the P72-billion Disbursement Acceleration Program (DAP) controversy.

DOLE investigating Pepsi, Jollibee for retrenchment of workers
BusinessMirror - 2018-06-20
THE Department of Labor and Employment (DOLE) said it is investigating beverage giant Pepsi-Cola Products Philippines for its alleged violation ... Toplis Solution Inc. (TIS), after getting word of their plan to form a labor union.

Philippines raises rates again following US hike
Nikkei Asian Review - 2018-06-20
MANILA -- The Philippine central bank on Wednesday raised interest rates for a second consecutive month in a bid to fight capital outflow and keep inflation in check. At its fourth policy meeting of 2018, the Bangko Sentral ng Pilipinas lifted its bench ...

BSP likely to tame inflation forecasts - 2018-06-20
MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) may lower its forecasts amid signs inflation is nearing its peak after rising to a fresh five-year high of 4.6 percent in May. BSP Governor Nestor Espenilla Jr. said in a speech during the ...

Sison won't return to PH in August as earlier agreed
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- Self-exiled Communist Party of the Philippines (CPP) founding chairman Jose Maria Sison will not return to the Philippines as originally scheduled in August because of President Rodrigo Duterte's cancellation of ...

Senator eyes creation of Boracay authority
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines ... Zone Authority and the National Water Resources Board are still at odds over jurisdiction on the island among the two water concessionaires -- Boracay Island Water Company (BIWC) and Boracay Tubi System Inc. (BTSI).

Duterte wants health warnings on sugary drinks
Rappler - 2018-06-20
MANILA, Philippines - President Rodrigo Duterte wants drinks that count sugar as a main ingredient to carry health warnings for consumers, said Trade Secretary Ramon Lopez. "Sabi niya kailangan may warning ang mga produkto na 'yan para guided naman 'yung ...

Top Japanese banks express support of Philippine "samurai bonds" following DoF meeting
BusinessWorld - 2018-06-20
Dominguez III met with officials of Daiwa Securities Group Inc., Mitsubishi UFJ Financial Group (MUFG), Nomura Holdings Inc., Mizuho Financial Group, and Sumitomo Mitsui Banking Corp. (SMBC), where all have expressed interest of the upcoming bond issuance.

De Lima chosen by co-petitioners to argue case vs. PH withdrawal from ICC
CNN Philippines - 2018-06-20
Metro Manila (CNN Philippines, June 20) -- Detained Senator Leila De Lima may represent fellow opposition lawmakers in their petition against President Rodrigo Duterte's decision to pull out of the International Criminal Court (ICC). That is, if the ...

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