Related News

SMC plans to build 5-6 new breweries
BusinessWorld - 2018-06-14
DIVERSIFIED conglomerate San Miguel Corp. (SMC) is planning to put up five to six new breweries worth around $250 million each in the country, in a bid to bring down logistics costs and boost profitability for the beer business. "We think the brewery ...

CPG targets double-digit profit growth this year
BusinessWorld - 2018-06-14
CENTURY Properties Group, Inc. (CPG) expects to see double-digit growth in net income this year, banking on its diversification into the affordable and leisure segments. CPG Chairman, President, and Chief Executive Officer Jose E.B. Antonio said the ...

Wall St. wants more female traders, but old perceptions die hard
BusinessWorld - 2018-06-14
Shareholder pressure aside, managers and some studies say hiring more women simply makes business sense. David Hesketh, chief executive of a London-based startup TradingHub said trading simulations the company ran in 2014 and 2015 for hundreds of interns ...

Rolls-Royce to cut 4,600 jobs in cash-raising move
BusinessWorld - 2018-06-14
The company said the job cuts would predominantly be in the UK where most of its corporate and support functions are based. It employs 15,700 at its headquarters in Derby, central England. Jefferies analyst Sandy Morris said while the market would not be ...

BPI looks to ramp up digitalization efforts
BusinessWorld - 2018-06-14
BANK OF THE Philippine Islands (BPI) is ramping up efforts to digitize its processes and services to support rapid growth and promote financial inclusion. In a statement, BPI President and Chief Executive Officer Cezar P. Consing said the lender wants to ...

PHL BOP deficit seen worse than earlier thought for 2018
BusinessMirror - 2018-06-14
On other fronts, projections bear positive news as the financial account is now expected to record a net inflow due to the anticipated higher net inflow of foreign direct investments (FDI) and lower net outflow in the other investments account. Latest data ...

Signal no. 1 up over Batanes due to tropical depression
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- Tropical cyclone signal number 1 is up over Batanes province, north of Luzon, as the low pressure area outside the country intensified into a tropical depression. The tropical depression was spotted 335 ...

Sign mental health bill into law, Duterte urged
philstar.com - 2018-06-14
The Global School-Bases Student Health Survey of 2015 reported that 17 percent of high school students in the Philippines ... of only two mental health workers per 100,000 people. The National Center for Mental Health, she added, only has a current bed ...

Electronics industry expects to hit $50-B export level by 2030
BusinessWorld - 2018-06-14
SEIPI also noted that the medical sector is investing more in clinical care and remote health monitoring systems and cancer-detecting lasers. In the consumer electronics segment, SEIPI will be banking on expected massive demand for wearable devices ...

Cayetano 'praying for a miracle' to resolve South China Sea dispute
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- The country's top diplomat is banking on two things to resolve the South China Sea dispute: prayer and diplomacy. "I'm praying every day and I'm praying hard na may miracle na mangyari diyan na maresolve ang ...

CPG: Revenues to hit P1 billion by 2020
BusinessMirror - 2018-06-14
DEVELOPER Century Properties Group Inc. (CPG) said it expects its revenues to hit P1 billion by 2020 or three times more than the current one when all of its buildings and commercial projects are fully leased out. The company said it had to branch out to ...

PhilHealth to hike premium allotment, resume full benefits for senior citizens
BusinessMirror - 2018-06-14
THE Philippine Health Insurance Corp. (PhilHealth) is eyeing to increase premium allotment and resume full benefit coverage for all senior citizens next year, a lawmaker said on Wednesday. Party-list Rep. Milagros Aquino-Magsaysay of Senior Citizen said ...

Data protection: A global movement for respecting personal data and seizing business opportunities
BusinessMirror - 2018-06-14
The recent Facebook Cambridge Analytica scandal made us realize how much strong data-protection rules are important for the society as a whole, including for the very functioning of the democratic process. These and other developments have shown that the ...

Is inflation turning the corner?
BusinessMirror - 2018-06-14
This is critical because it lessens the pressure for people to purchase more and for business to take advantage by increasing prices unnecessarily. What is important at this point is to ensure that people are assured that products and services are ...

Trump claim raises eyebrows: North Korea no longer a nuke threat?
BusinessMirror - 2018-06-14
In Photo: United States Secretary of State Mike Pompeo (right) speaks as South Korean Foreign Minister Kang Kyung-wha (center) and Japanese Foreign Minister Taro Kono listen during a joint news conference following their meeting at Foreign Ministry in ...

The journalist as a father
BusinessMirror - 2018-06-14
Paredes, died in San Francisco, while on an assignment for the National Media Production Center (NMPC), a job he took after being displaced as a newspaperman for the Manila Chronicle ... on his law studies at the University of Santos Tomas, passed the ...

Sarah Paulson is coming along swimmingly
BusinessMirror - 2018-06-14
WITH more than a decade of putting in notable work in roles big and small, onscreen, big and small screen, and onstage, Sarah Paulson has become one of the most recognizable faces and esteemed names in Hollywood. Born December 17, 1974, she has shown the ...

Trump may upset China on trade as US tariffs loom
BusinessMirror - 2018-06-14
In Photo: Chinese workers on a suspended platform clean windows of an office building against the scenic Central Business District in Beijing on June 8. Stocks have traded erratically since late-February as investors size up the impact of trade tensions ...

Acting CJ Carpio: 80 percent of PH exclusive economic zone at risk
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- About 80 percent of the Philippines' exclusive economic zone (EEZ) is at risk given China's occupation of nearby Woody Island, Acting Chief Justice Antonio Carpio warned Thursday. "We are not claiming Woody ...

NIA ventures into floating solar power
philstar.com - 2018-06-14
SN Aboitiz Power Group has already proposed a water-based solar power project in Magat Dam in Isabela which features solar panels fixed to float on the water surface. The company will conduct a 2,500-square meter pilot project over the Magat reservoir ...

Peso extends decline in morning trade after Fed raises key rate
philstar.com - 2018-06-14
MANILA, Philippines -- The Philippine peso extended its drop on Thursday after the US Federal Reserve lifted its benchmark interest rate and signals possible acceleration in hikes. The local unit opened at P53.3 against the greenback in morning trade ...

Why PH should fight for its territorial rights over Sandy Cay
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- The Philippines has much to lose if it opts to keep quiet on China's ongoing reclamation of islands in contested areas of the South China Sea. "If we lose Sandy Cay, we lose one third of the territorial sea of ...

Peace talks with Reds not resuming as announced
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- Formal peace talks between the government and communist rebels will not resume on June 28 as earlier announced by National Democractic Front (NDF) Chairman Jose Maria Sison. In a press briefing on Thursday ...

DFA opens 100,000 passport appointment slots today, June 14
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- Need a passport? The Department of Foreign Affairs (DFA) is opening 100,000 slots for passport appointment at 12 nn and 9 p.m. Thursday, according to Foreign Affairs Secretary Alan Peter Cayetano. He said in a ...

Australian gets life in Philippine child sex abuse case
YAHOO! - 2018-06-14
He had come to the Philippines to escape fraud charges in his home country. He then set up a cybersex business, filming teenage girls from impoverished families as he had sex with them or used sex toys, investigators said. The videos were allegedly sold to ...

Peso weakness drags down stocks anew
philstar.com - 2018-06-14
MANILA, Philippines -- The stock market retreated anew yesterday as the peso tumbled against the dollar ahead of a US Federal meeting. The benchmark Philippine Stock Exchange index plunged 168.32 points, or 2.16 percent, to settle at 7,602.98, while the ...

Want to construct a building? Plant a tree first
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- Lawmakers are looking into passing a bill which will require those who wish to construct buildings to plant a tree first. The House of Representatives signed House Bill 7373, or the "Green Building Act" on second ...

Acting CJ Carpio urges fishing agreement with China, Vietnam
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- Acting Chief Justice Antonio Carpio on Thursday urged the Philippines, China and Vietnam to negotiate an agreement covering their common traditional fishing grounds on Scarborough Shoal, where Chinese Coast ...

Antonio Carpio: West PH Sea claim more important than Chief Justice post
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- Acting Chief Justice Antonio Carpio says that fighting for the Philippines' claim in South China is far more important than officially becoming the country's top judge. Carpio, who is a likely candidate to take ...

Finance chief orders investigation of fake cigarettes
CNN Philippines - 2018-06-14
Finance Secretary Carlos Dominguez issued the order to the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) after they reportedly retrieved 531 cases of fake and smuggled cigarettes in several raids in Malabon and Manila. "I want to hit ...

SolGen: Sereno ouster plea heard by an 'impartial' SC
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 14) -- The government's top lawyer wants the Supreme Court (SC) to reject Maria Lourdes Sereno's appeal on her ouster as chief justice, insisting that her case was heard "with impartiality." In a 77-page comment on ...

Comcast bids $65 billion for most of 21st Century Fox
CNN Philippines - 2018-06-14
Fox's Rupert Murdoch is keeping a few properties, including Fox News ... "We have long admired what the Murdoch family has built at Twenty-First Century Fox," Comcast CEO Brian Roberts wrote Wednesday in a letter to Fox detailing the proposal.

Bitcoin prices have been manipulated, study says
CNN Philippines - 2018-06-14
(CNN Money) -- Bitcoin's remarkable run last year may have been smoke and mirrors. Tether, another digital currency tied to the U.S. dollar, was used to artificially inflate bitcoin prices, according a study released Wednesday by the University of Texas.

Brexit could make UK car industry 'extinct'
CNN Philippines - 2018-06-14
(CNN Money) -- The head of Britain's top business lobby group says the country's car industry could be wiped out by Brexit. "There is a risk that the auto industry in the UK faces extinction if there's no customs union after Brexit," warned Paul Drechsler ...

Med Talk / Health Talk: Back to School
CNN Philippines - 2018-06-14
Going back to school from the summer break means time for another adjustment. Not just on the new tasks waiting for them at school, but also on the weather that changes unpredictably. Join Dr. Freddie Gomez and his guests as they discuss some of the common ...

Microsoft Office is getting a new, simpler look
CNN Philippines - 2018-06-14
(CNN Money) -- Microsoft is rolling out subtle changes to Office 365 to make work a little easier for its millions of customers. The cluttered control bar (Microsoft calls it a ribbon) on the top of web-version of Word has been slimmed down to just one line.

24 town police chiefs relieved for 'low performance' in anti-illegal drugs operations
CNN Philippines - 2018-06-14
Metro Manila (CNN Philippines, June 13) -- Twenty-four town police chiefs from the Mimaropa region have been sacked for poor performance in the anti-illegal drugs campaign, the Philippine National Police (PNP) said Wednesday. PNP Chief Oscar Albayalde ...

Duterte hits priests anew but denies persecuting them
CNN Philippines - 2018-06-13
Metro Manila (CNN Philippines, June 14) -- President Rodrigo Duterte on Wednesday denied persecuting priests, amid the killings of three clergy members in six months. "Sabi nung nabasa ko sa ano [What I read was], "Stop persecuting priests." Wala naman ...

The Philippines plans to give its community leaders free handguns to fight drugs and crime
Business Insider - 2018-06-13
The Philippines' interior ministry said on Wednesday it plans to acquire pistols for community leaders, or barangays, willing to fight crime and drugs. The interior department said handguns would be provided for free, or private purchases subsidized ...

Ronnie Dayan to testify vs De Lima in disobedience case
philstar.com - 2018-06-13
MANILA, Philippines -- The former driver and lover of detained Sen. Leila de Lima is set to testify in the disobedience case filed against her by House leaders before a Quezon City court. State prosecutors have asked Judge Ludmilla de Pio Lim of the ...

No letup for bitcoin as biggest cryptocurrency extends collapse
BusinessWorld - 2018-06-13
Questions about Tether and Bitfinex have dogged the cryptocurrency world since last year when Bitfinex lost banking relationships yet continued to operate. The U.S. Commodity Futures Trading Commission subpoenaed both firms in December, seeking proof that ...

Antarctica Has Lost More Than 3 Trillion Tons Of Ice In 25 Years
NPR - 2018-06-13
Scientists have completed the most exhaustive assessment of changes in Antarctica's ice sheet to date. And they found that it's melting faster than they thought. Ice losses totaling 3 trillion tonnes (or more than 3.3 trillion tons) since 1992 have caused ...

How do you count deaths from a hurricane?
YAHOO! - 2018-06-13
NEW YORK (AP) -- How many people died in Puerto Rico from Hurricane Maria? It's a question that has been debated since the powerful storm slammed into the island and devastated the U.S. territory last year. It's also raised questions about how officials ...

Massachusetts Sues OxyContin Maker Purdue Pharma, Saying It 'Peddled Falsehoods'
NPR - 2018-06-13
The state of Massachusetts is taking a new step in the fight against the opioid epidemic, filing a lawsuit against Purdue Pharma that also names the OxyContin maker's executives. The suit alleges the company and 16 of its current and former directors ...

A case of the plague has emerged in Idaho -- here's why the disturbing disease continues to re-appear
Business Insider - 2018-06-13
A child in Idaho came down with the plague recently, according to a statement by Idaho's Central District Health. People still catch the plague every year, usually after coming into contact with fleas that carry plague bacteria. There are a few cases every ...

Enormous Dust Storm On Mars Threatens The Opportunity Rover
NPR - 2018-06-13
A massive dust storm on Mars is threatening NASA's Opportunity rover, which has been conducting research on the Red Planet for well over a decade. Where the rover sits, the dust storm has completely blotted out the sun, depriving Opportunity of solar power ...

The US has added more solar power than any other type of electricity in 2018 so far -- more evidence of an energy revolution
Business Insider - 2018-06-13
The US added more solar power than any other type of electricity in the first quarter of 2018. According to a new report from the Solar Energy Industries Association (SEIA), a nonprofit group, the US solar market added 2.5 gigawatts of new capacity in the ...

raceAhead: Black Women Company Founders Need Investment
Fortune - 2018-06-13
Here are two facts to consider. The first: Black women are starting businesses in record numbers. The second: The median funding raised by all black women founders is $0. These are some of the findings from a new study from ProjectDiane, the data ...

Cisco Live 2018: 5G focus on making new revenue for carriers
ZDNet - 2018-06-13
One of the biggest concerns about 5G for service providers (SPs) is about how to make new revenue streams, Cisco Engineering SVP Service Provider Sumeet Arora has told ZDNet, with the networking giant focused on helping them do so. Given the amount of ...

Helping Cancer Patients to Understand New 'Right-to-Try' Law
Medscape - 2018-06-13
Cancer specialists are preparing to help patients understand what a new federal law will mean in terms of allowing access to experimental medicines outside of currently established paths. The debate around the so-called "right-to-try" law may have created ...

Pioneer Data Privacy | Website Terms and Conditions | Copyright 2014. Pioneer Insurance. All Rights Reserved.