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Mandatory SSS coverage for OFWs pushed
philstar.com - 2018-08-06
MANILA, Philippines -- The Senate is pushing for the provision of mandatory social security coverage for overseas Filipino workers (OFWs) to protect them in case of contingencies, the Social Security System (SSS) said over the weekend. SSS president and ...

2 housemaids held for P2.3 million theft
philstar.com - 2018-08-05
MANILA, Philippines -- Two housemaids were arrested for allegedly stealing P2.3 million worth of jewelry and wristwatches from their employer in Quezon City on Friday. Baby Rea Villegas, 27, and Genelyn Dagangan, 22, tried to hide their act by pretending ...

MPIC unit to submit proposal for P22.5 billion Cavitex extension project
philstar.com - 2018-08-05
MANILA, Philippines -- Metro Pacific Investments Corp. unit Cavitex Infrastructure Corp. (CIC) plans to pursue the P22.5 billion extension of the Manila-Cavite Toll Expressway (CAVITEX) from Kawit to Rosario in Cavite as it seeks to finalize and submit ...

BSP rate hikes likely to continue until 2019
philstar.com - 2018-08-05
MANILA, Philippines -- The series of interest rate hikes by the Bangko Sentral ng Pilipinas (BSP) to curb rising inflationary pressures is expected to continue until next year, global banks said over the weekend. The research arm of Fitch Ratings said ...

3 slain in drug stings; 36 others arrested
philstar.com - 2018-08-05
MANILA, Philippines -- Three suspected drug pushers were killed and at least 36 others were arrested in separate operations in Metro Manila over the weekend. Police identified the fatalities as Arvie Garcia, of Tondo; Darwin Nazardo, of Paco, and Bernie ...

Google Maps dumps its flat view of the Earth for a fully 3D globe
YAHOO! - 2018-08-05
Google has been on a roll with new features for its Maps service this week, from matching users to restaurants that they might like to adding battery percentage to location sharing. Rather than settle for two though, Google decided to end the week with one ...

Benzinga's Bulls & Bears Of The Week: AT&T, Caterpillar, Nike, Tesla And More
Yahoo Finance - 2018-08-05
While much of the attention this past week was on the surprisingly strong results from Apple Inc. (NASDAQ: AAPL) and it reaching the $1 trillion market cap milestone, the broader markets ended the week relatively flat. The Nasdaq is still near the all-time ...

Woman, 2 kids drown in Maguindanao river
philstar.com - 2018-08-05
MAGUINDANAO, Philippines -- A woman and her two children drowned after they fell off a bridge in South Upi town on Saturday. Linda Modunggel, 39, and her children Melanie, 11, and one-year-old Richel, were crossing a bamboo bridge in Barangay Bantek when ...

P3.5 billion more allotted for Marawi rehab
philstar.com - 2018-08-05
MANILA, Philippines -- Marawi City will get an additional P3.5 billion in funds for its rehabilitation efforts, a lawmaker from Mindanao said yesterday. "On top of the P3.5 billion, the government is also spending another P1.3 billion to activate the ...

Apparent attack in Venezuela highlights risk of drone strikes
Reuters - 2018-08-05
(Reuters) - Venezuelan President Nicolas Maduro accused political foes of trying to kill him during an open-air speech on Saturday using explosive-laden drones, prompting a host of questions about the alleged attack and who might have been behind it.

MPIC eyes own hospital
philstar.com - 2018-08-05
MANILA, Philippines -- Metro Pacific Investments Corp. (MPIC), the infrastructure conglomerate chaired by tycoon Manuel V. Pangilinan, is studying the viability of putting up its own hospital on top of acquiring existing ones. Metro Pacific Hospital ...

BSP imposes stricter rules on reporting impairment, credit losses
philstar.com - 2018-08-05
MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) is requiring banks to incorporate forward-looking information in measuring impairment loss on financial instruments as well as credit losses under the new reporting standards. The regulator said ...

Learn how to import goods to the Philippines
philstar.com - 2018-08-05
The program will feature Maria Lydia Ledonio, who is the author of the book, The Basic Guidelines on Importing into the Philippines: A Handbook for Commercial Importers. With over 25 years of experience in the importing business, she has helped hundreds of ...

ROW problems to delay start of NLEX connector project
philstar.com - 2018-08-05
MANILA, Philippines -- Metro Pacific Investments Corp. (MPIC) unit NLEX Corp. said it may be able to start with the construction of the North Luzon Expressway - South Luzon Expressway (NLEX-SLEX) connector road project only in the first quarter of next ...

Will Nutanix's Rule Of 40 Propel Its Stock to $100?
Forbes - 2018-08-05
Plenty of tech companies these days are able to go public without being profitable. That's because investors keep driving up their shares due to their ability to grow faster than expected. What's more, CEOs of such companies have introduced a new way to ...

Economists expect fresh rate hike
BusinessWorld - 2018-08-05
An equivalent of strong response would be, to me, a 50 basis points hike," said Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines. BSP Governor Nestor A. Espenilla, Jr. has hinted of a "strong follow-through" policy action ...

Poll sees Q2 GDP growth still robust
BusinessWorld - 2018-08-05
Ruben Carlo O. Asuncion, chief economist at the Union Bank of the Philippines (UnionBank) gave an estimate of seven percent with the growth projection coming mainly from "increasing government consumption and investment." "The medium-term economic ...

DoF-backed mining tax reform filed in House of Representatives
BusinessWorld - 2018-08-05
The bill also proposes to limit interest expense deductions of mining contractors "in order for the businesses not to depend on excessive debt funding which would result in high interest expense deduction, and thereby reducing corporate tax liability."

Only 969 tourism enterprises accredited with DOT
BusinessMirror - 2018-08-05
"We really hope so. We now have a chance to directly guide our industry on the necessary measures, not only for the improvement of the quality of the services but also [for establishments] to protect their own business." The DOT has said no hotel or ...

LGUs must take lead in cutting red tape-NZ envoy
BusinessMirror - 2018-08-05
More than a law on ease of doing business (EODB), local governments have to overhaul their mind-set on administering transactions if they are truly committed to cutting red tape, according to a top envoy. New Zealand Ambassador to the Philippines David ...

New reporting standards for banks in effect
BusinessWorld - 2018-08-05
The Philippine banking system is seen to remain strong and stable given healthy profits and improving asset quality, the debt watcher said. -- Melissa Luz T. Lopez

Best and worst airlines, airports
BusinessMirror - 2018-08-05
Its sixth annual survey used data from the first quarter of the year to rank the 72 international airlines for which the company had statistically significant data. Before we get all excited--or disappointed as the case may be--there were no Philippine ...

Meeting the middle man
BusinessMirror - 2018-08-05
When we say business, we only perceive two parties: the buyer, and the seller. It is always these two who get to tell the story in different transactions we encounter every day. The buyer buys the goods and pays the seller; the seller sells the goods and ...

Slow rollout, more fine print with Trump health care options
YAHOO! - 2018-08-05
WASHINGTON (AP) -- President Donald Trump says insurers are "going wild" about his new health care options and "millions and millions" of people will be signing up. But insurance companies say it will take time to design new plans and get approval from ...

DOF rushing merger of PhilExim, other state-run guarantee firms
BusinessMirror - 2018-08-05
Under EO 58, the DOF is tasked to carry out the merger of PhilExim and the Home Guaranty Corp. (HGC); the transfer to the PhilExim of the guarantee functions, programs and funds of the Small Business Corp. (SBC); and the transfer to PhilExim of the ...

Food sector brings lots of money to 4 regions
BusinessMirror - 2018-08-05
The data was based on the preliminary results of the 2016 Annual Survey of Philippine Business and Industry for the formal sector of the economy. It showed that a total of 5,971 establishments with total employment of 20 and over were engaged in ...

Alsons to issue P2.5-billion commercial papers
BusinessMirror - 2018-08-05
ALSONS Consolidated Resources Inc., the holding firm of the Alcantara group, has filed for a P2.5-billion shelf registration of commercial papers with the Securities and Exchange Commission, more than half of which will be sold immediately to the market.

Why color can make or break your hairstyle
BusinessMirror - 2018-08-05
Prior to opening The Color Bar, Jof and his business partner Darwin Cerrado had been operating a by-appointment hair color studio for two years. "Jof studied hair color in the US. He really is good with color and we wanted to share his knowledge and ...

Why does radiation-induced breast cancer occur?
Medical News Today - 2018-08-05
A molecular discovery could explain why some cases of breast cancer do not respond to radiation therapy. It could also lead to additional treatments that improve the response in those cases. The results of the new study, which the Medical University of ...

How a Backpacking Trip Could Make You a More Successful Person
YAHOO! - 2018-08-05
Taking a backpacking trip can sometimes mean roughing it, but a new study shows the benefits this can have to your overall mental health and problem-solving abilities. The study published this May in the Journal of Travel Research titled "Backpacker ...

iPhone Chipmaker Works to Recover After Getting Hit by Computer Virus
Fortune - 2018-08-05
Taiwan Semiconductor Manufacturing Co., which makes chips for the iPhone and other devices, detailed its progress in recovering from a debilitating computer virus and warned of delayed shipments and reduced revenue because of the impact on its factories.

Advice On Hiring Marketers: Don't Hook The Wrong Fish
Forbes - 2018-08-05
The feature in a recent Harvard Business Review centers on why CMOs never last and what to do about it. To gain insight on CMO churn from a CEO perspective, I talked with Kevin Akeroyd, CEO of Cision, the leading platform provider for PR and earned media.

Filipinos rate administration's performance 'Very Good' in second quarter of 2018 --SWS
CNN Philippines - 2018-08-05
Metro Manila (CNN Philippines, August 5) -- Filipinos were satisfied with how the administration performed in the second quarter of 2018, according to a survey released Sunday. The Social Weather Stations (SWS) said 72 percent of Filipinos were satisfied ...

The evolution of Robotics Process Automation
BusinessWorld - 2018-08-05
RPA is likely to be included as an integrated part of larger and long-term initiatives such as ERP, Shared Service Centers, or other large transformation ... Connection of RPA with data analytics systems (big data) to analyze actual data and predict ...

Legislation that Matters
BusinessWorld - 2018-08-05
Much drama accompanied the State of the Nation Address the other week ... The election of the new Speaker, Gloria Macapagal-Arroyo, a Phd from the highly respected UP School of Economics, has been widely welcomed. People who have paid close attention ...

The legislative agenda for business
BusinessWorld - 2018-08-05
President Rodrigo Duterte at his third State of the Nation Address (SONA ... Ylagan is a Doctor of Business Administration from the University of the Philippines.

Reform in the time of Duterte
BusinessWorld - 2018-08-05
The second package of tax reform will make our business environment more competitive by lowering the corporate income tax. This will benefit the vast majority of enterprises, which are medium and small. Furthermore, rationalizing fiscal incentives will ...

Better sleep during pregnancy may cut odds of preemie birth
Upi.com - 2018-08-05
FRIDAY, Aug. 3, 2018 -- People often urge moms-to-be to get plenty of sleep before the baby comes. Now, researchers report that good sleep during pregnancy might also lower the risk of premature delivery. The review of published studies provides important ...

Crackdown on 'bots' sweeps up people who tweet often
YAHOO! - 2018-08-05
CHICAGO (AP) -- Nina Tomasieski logs on to Twitter before the sun rises. Seated at her dining room table with a nearby TV constantly tuned to Fox News, the 70-year-old grandmother spends up to 14 hours a day tweeting the praises of President Trump and his ...

Ceremonial signing of Bangsamoro law set tomorrow
CNN Philippines - 2018-08-05
Metro Manila (CNN Philippines, August 5) -- A ceremony for the signing of the Bangsamoro Organic Law (BOL) will be held tomorrow, August 6, at the Malacañang Palace. President Rodrigo Duterte, the first Philippine President who hails from the South, is ...

Australia announces extra $140 million aid package for drought-hit farmers
Reuters - 2018-08-05
MELBOURNE (Reuters) - Australia on Sunday announced a A$190 million ($140.56 million) aid package for drought-afflicted farmers as much of east coast suffers the worst dry spell in living memory. Prime Minister Malcolm Turnbull announced the funding from a ...

Displaced PLDT workers cry foul over CA ruling on regularization order
CNN Philippines - 2018-08-05
Metro Manila (CNN Philippines, August 5) -- Employees of a telecommunications company are disappointed after the Court of Appeals (CA) blocked the Labor Department's regularization order. [Translation: We are angry at this decision. We are very angry, why ...

Hundreds of Philippine mums in show of support for breast-feeding
Yahoo Finance - 2018-08-05
The World Health Organization and the United Nations Children's Fund ... Twenty-seven children out of every thousand died before the age of five in the Philippines in 2016, according to WHO data. WHO and UNICEF estimate about half of Filipino babies ...

Hundreds of Philippine mums in show of support for breast-feeding
YAHOO! - 2018-08-05
The World Health Organization and the United Nations Children's Fund ... Twenty-seven children out of every thousand died before the age of five in the Philippines in 2016, according to WHO data. WHO and UNICEF estimate about half of Filipino babies ...

El Niño to develop late this year -- Pagasa
philstar.com - 2018-08-05
MANILA, Philippines -- The probability of El Niño developing later this year is increasing, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). El Niño is above-average sea surface temperatures in the ...

3 Things You Need to Know About Start-Up Exits
BusinessMirror - 2018-08-05
There is an adage that says failing to plan is planning to fail. This applies well to start-up entrepreneurs who must think ahead in scaling a business, making sure that every step leads to growth and profitability. Even in the early stages of laying the ...

PAGASA: Habagat to prevail, bring rains
philstar.com - 2018-08-05
MANILA, Philippines -- The state weather bureau on Sunday said the southwest monsoon or "habagat" continues to be the most dominant weather system in the country. PAGASA weather specialist Meno Mendoza said the southwest monsoon is currently affecting ...

PHL student teams win medals in Math Olympiads in Romania, Singapore
BusinessMirror - 2018-08-05
The team participated through the efforts of the Mathematical Society of the Philippines (MSP), with support from major sponsors Hyundai Asia Resources Inc. Foundation and Manulife Business Processing Services, and in partnership with the Department of ...

Health group warns against fake lipsticks containing toxic metals
CNN Philippines - 2018-08-05
Metro Manila (CNN Philippines, August 5 ) -- Cheap beauty comes with ... above the limit of 22 parts per million (ppm). The U.S. National Institute for Occupational Safety and Health (NIOSH) warned high levels of lead could cause detrimental effects ...

Cheers to health, happiness, a good life
BusinessMirror - 2018-08-04
He cited a Department of Helath (DOH ... swelling of cases in tertiary hospitals that could be handled in polyclinics or health centers. A Health Technology Assessment (HTA) mechanism will improve policy making by constantly reviewing programs, regulations ...

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