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Even as driving ban takes effect, Germany still clings to diesel - 2018-05-31
But the long-term effect of government and business prevarications could actually be to undermine the German car industry, argued Ferdinand Dudenhoeffer of the Centre for Automotive Research.

Absolute power disrupts absolutely in Silicon Valley
BusinessWorld - 2018-05-31
Lax oversight and overpowered founders from the earliest days of a company can enable corporate rot that takes years to root out. Tesla CEO Elon Musk sure looks like he could use more oversight from his own board. Turmoil at Viacom and CBS is a cautionary ...

Key operating ratios for associations
BusinessMirror - 2018-05-31
Many associations fall in the wayside because their board and/or management do not know or are not familiar with the financial operations of an association that has distinct characteristics as compared to a business enterprise. This is where operating ...

Former DoH chief hits back at critics in PhilHealth controversy
BusinessWorld - 2018-05-31
FORMER Health secretary Janette P. Loreto-Garin insisted the P10.6-billion fund transferred to the Department of Health (DoH) in 2015 is "non-existent." "There is no PhilHealth (Philippine Health Insurance, Corp.) money (that is) P10.6 (billion ...

Labor group pushes for ?320 minimum wage hike
CNN Philippines - 2018-05-31
Metro Manila (CNN Philippines, May 31) -- With the prices of basic goods on the rise, the Trade Union Congress of the Philippines (TUCP) said it is time to increase the minimum wage nationwide by ?320. TUCP party-list Representative Raymond Mendoza ...

Shopee customers can enjoy cashback rewards with ShopBack app
CNN Philippines - 2018-05-31
Metro Manila (CNN Philippines, May 31) -- Customers of e-commerce platform Shopee can now earn "cashback" or cold cash rewards from their purchases using the ShopBack mobile app. This is the result of the partnership between the two tech companies aiming ...

Want to avoid a broken heart? Quit smoking, says DOH
Rappler - 2018-05-31
MANILA, Philippines - Looking to avoid a broken heart? The Department of Health (DOH) on Thursday, May 31, offered one solution: Quit smoking. Health Secretary Francisco Duque III gave the advice on World No Tobacco Day observed globally every May 31.

Congress adjourns, fails to pass P1.16-B budget for Dengvaxia recipients
Rappler - 2018-05-31
MANILA, Philippines - The 17th Congress adjourned its 2nd regular ... "The rule is, we should have a quorum to discuss, take up any business. We're here but unfortunately there are not enough of our colleagues in the hall to constitute a quorum and ...

Holistic Integrative Care Center Promises new and better approach to optimum wellness
BusinessMirror - 2018-05-31
As information technology continues to advance, more people get to know and understand the alternative treatments available for them to address health concerns that seem untreatable which conventional medicine. To simply define integrative medicine ...

Leaving work to live a life
BusinessWorld - 2018-05-31
For Ginger Arboleda, the 33-year-old chief operating officer and co-founder of Taxumo, that moment came in 2012 when she was due to a promotion that would catapult her into an executive position at a banking giant she had been working at for more than six ...

SolGen: We should listen to Napoles
CNN Philippines - 2018-05-31
Metro Manila (CNN Philippines, May 31) -- The government should listen to what alleged pork barrel scam mastermind Janet Lim Napoles has to say, Solicitor General Jose Calida said on Thursday. "If Janet Napoles has evidence to link other recipients of the ...

BSP projects even higher prices in May
CNN Philippines - 2018-05-31
Metro Manila (CNN Philippines, May 31) -- Prices of basic goods and services may have risen even higher in May, the Bangko Sentral ng Pilipinas (BSP) said Thursday, ahead of actual inflation figures coming out next week. The BSP projects inflation ...

SolGen Calida to file cases vs. those 'maligning, slandering' him
CNN Philippines - 2018-05-31
Metro Manila (CNN Philippines, May 31) -- Solicitor General Jose Calida is ready to face his detractors and will even file charges against them in court. In an exclusive interview with CNN Philippines' The Source, he said he has plans against those ...

China factory activity rises to 8-month high in upbeat sign - 2018-05-31
HONG KONG -- A monthly survey shows Chinese factory activity has risen to an eight-month high, in a positive sign for the world's No. 2 economy. The official purchasing managers' index released Thursday rose to 51.9 in May from 51.4 the previous month.

ECCP to keep urging government to retain fiscal incentives under TRAIN 2
BusinessWorld - 2018-05-31
As noted by several investment rating agencies, Philippine corporate income tax is still one of the highest in ASEAN despite the proposed reduction. This further highlights the importance of fiscal incentives to help the country keep up with attractive ...

Trump planning tariffs against EU on steel, aluminum - 2018-05-31
WASHINGTON -- The Trump administration is planning to impose tariffs on European steel and aluminum imports after failing to win concessions from the European Union. That's according to two people familiar with the plans who spoke on condition of ...

Calida won't resign as SolGen or divest from security firm
CNN Philippines - 2018-05-31
This story was updated to include a statement from Malacañang Palace. Metro Manila (CNN Philippines, May 31) -- Solicitor General Jose Calida said he will neither resign nor divest his stocks in his family's security firm, which obtained ?261.39 ...

Sereno camp: 12 out of 16 SALNs found
CNN Philippines - 2018-05-31
Sereno was a law professor at the University of the Philippines from 1986 to 2006, prior to her appointment to the Chief Justice post in 2012. "Sana po ay maconsider na ito po ay isang indikasyon na hindi naman po sinuway ni Chief Justice Sereno itong ...

MMDA dismantles stalls obstructing traffic in Manila - 2018-05-31
MANILA, Philippines -- The Metropolitan Manila Development Authority (MMDA) destroyed yesterday more than 50 stalls obstructing traffic along M. dela Fuente Street in Manila. Bong Nebrija, supervising operations officer of the MMDA, said the stalls of ...

Drug war: 11 slain in Bulacan, Laguna - 2018-05-31
MANILA, Philippines -- Eight suspected drug pushers were killed in Bulacan and three others in Laguna as the police launched simultaneous anti-drug operations yesterday. The police in Pandi, Sta. Maria and Balagtas towns reported two fatalities each and ...

E-cigarettes not a way to quit smoking, says pulmonologist - 2018-05-31
Every year, during the 31st of May, the World Health Organization (WHO) and its partners mark World No Tobacco Day to highlight the health and other risks associated with tobacco use, and to advocate for effective policies to reduce tobacco consumption.

11 things to do in the Philippines
Business Insider - 2018-05-31
Jeff Bezos reveals what it's like to build an empire and become the richest man in the world -- and why he's willing to spend $1 billion a year to fund the most important mission of his life

BusinessWorld Economic Forum 2018 tackles realities of disruption
BusinessWorld - 2018-05-31
Change, he pointed out, is usually a positive thing for what he called "business insurgents," or those that rebel against the incumbents and think that there are better ways to do business, especially with technology ... at the Asian Institute of ...

House OKs proposed BBL on third and final reading
CNN Philippines - 2018-05-31
Metro Manila (CNN Philippines, May 30) -- Voting 227-11-2 on Wednesday, the House of Representatives has approved the Bangsamoro Basic Law on third and final reading. Duterte certified the bill as urgent on Tuesday, waiving the three-day rule before ...

An 11-car pile-up on the Fernan Bridge - 2018-05-30
First of all, let me point out that vehicles that pile up the roadways are commonplace in areas like the United States, Canada or in Europe because of extreme weather conditions caused by merciless snowfalls that often block the sight of drivers who only ...

Term deposit rates up across the board - 2018-05-30
MANILA, Philippines -- Term deposit rates rose across the board yesterday ahead of the scheduled reduction in the reserve requirement ratio of banks on June 1. The yield of the seven-day term deposits rose to 3.693 percent from 3.5866 percent last year ...

Cavite bettor wins P19.8-million lotto jackpot - 2018-05-30
MANILA, Philippines -- A bettor from Cavite hit the jackpot of the 6/42 Regular Lotto drawn on Tuesday, the Philippine Charity Sweepstakes Office (PCSO) announced yesterday. Alexander Balutan, PCSO general manager, said the bettor hit the six-digit ...

San Miguel revives plan to put up $100-million US brewery - 2018-05-30
MANILA, Philippines -- San Miguel Brewery Inc. (SMB) has revived its plan to put up its first brewery in the US, allotting an investment of $100 million within the year, its top official said. SMB chairman Ramon Ang said the company is in the final stage ...

Trump says drug companies to announce 'massive' price cuts soon
Reuters - 2018-05-30
WASHINGTON (Reuters) - President Donald Trump on Wednesday said he expects major drug companies to slash prices on their products in two weeks, but did not provide details on which companies would do so or the means by which they would provide such reductions.

Quezon City anti-crime drive: 7 killed in 4 hours - 2018-05-30
Marjun Clemente was shot dead in another sting along Sebastian street, Sitio San Roque in Barangay Bagong Pagasa at around 3:15 a.m. Clemente allegedly opened fire at authorities, hitting Police Officer 2 Edison Guillermo. Probers said they confiscated two ...

Tesla spikes after Model 3 gets Consumer Reports' recommendation on its 2nd try
Business Insider - 2018-05-30
Tesla surged more than 3% Wednesday after a second test by Consumer Reports found the company fixed issues the magazine previously found with the Model 3. Last week, the Model 3 failed to receive the Consumer Reports' recommendation because of "big flaws ...

Tesla's Model 3 has earned Consumer Reports' recommendation after software update promised by Elon Musk improves braking performance
Business Insider - 2018-05-30
A wireless update of antilock braking software improved the stopping distance of Tesla's electric Model 3, prompting Consumer Reports to reverse course and give the car its "Recommended Buy" rating. The magazine said Wednesday that the update cut 19 feet ...

DoubleDragon follow-on offer to raise up to P6 billion - 2018-05-30
MANILA, Philippines -- DoubleDragon Properties Corp., the property company of Mang Inasal founder Edgar "Injap" Sia and Jollibee chairman Tony Tan Caktiong, will proceed with its follow-on offering after getting the green light from the Philippine ...

This is the Pride Apple Watch face arriving Monday
The Verge - 2018-05-30
A beta version of iOS 11.3 hinted that Apple would have a special pride face for the Apple Watch, and the release of iOS 11.4 and watchOS 4.3.1 has confirmed it, as reported by 9to5Mac. According to code found in iOS by 9to5Mac, the watch face was inspired ...

Body of Filipino student killed in Ireland flown home - 2018-05-30
CLARK FREEPORT, Philippines -- The remains of Jastine Valdez, a Filipina college student reportedly kidnapped and killed in Ireland, was set to arrive at the Clark International Airport yesterday. Jojo Due of the Clark International Airport Corp. said the ...

High blood pressure can increase medical costs by thousands - 2018-05-30
WEDNESDAY, May 30, 2018 -- If your blood pressure goes up, so do your medical bills, new research suggests. Yearly medical costs for U.S. adults with high blood pressure can run $1,920 more than for those without the condition, a new study finds.

American Cancer Society advises colorectal screens at 45, not 50 - 2018-05-30
May 30 (UPI) --The American Cancer Society changed its recommendation Wednesday for colorectal cancer screenings, saying adults should begin them at age 45 -- not 50, as previously advised. Colorectal cancer is the fourth-most commonly diagnosed cancer ...

Remains of slain Filipina in Ireland brought home
CNN Philippines - 2018-05-30
Metro Manila (CNN Philippines, May 30) -- The remains of a Filipina student slain in Ireland was flown home today. The body of Jastine Valdez, arrived at Clark Airport today, 6:30 p.m. Valdez, 24 years old, was reportedly abducted near her home in Ireland ...

Minnesota sues opioid manufacturer Insys over drug marketing
Reuters - 2018-05-30
(Reuters) - Minnesota on Wednesday became the latest state to sue Insys Therapeutics Inc (INSY.O), accusing the drugmaker of illegally marketing a powerful fentanyl-based pain medicine intended for cancer patients for other uses and improperly paying ...

Transport sector pushes to raise fares due to hike in oil prices
CNN Philippines - 2018-05-30
Metro Manila (CNN Philippines, May 30) -- Jeepney drivers are feeling the crunch from the steady rise of fuel prices. The money they earn daily often gets split three ways: the boundary, fuel, and their take-home pay. The cost of fuel is making it hard ...

Ever wonder where your recyclables go? Get an inside look at where the magic happens
Mashable - 2018-05-30
Mashable is a global, multi-platform media and entertainment company. Powered by its own proprietary technology, Mashable is the go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe.

Duterte to declare Boracay land reform area soon
CNN Philippines - 2018-05-30
Metro Manila (CNN Philippines, May 30) -- President Rodrigo Duterte is keen on distributing farm lands to affected residents of Boracay, currently off-limits to tourists due to rehabilitation. "I'm declaring land reform sa entire island of Boracay.

Duterte not firing Calida
CNN Philippines - 2018-05-30
Metro Manila (CNN Philippines, May 30) -- President Rodrigo Duterte said he saw no reason to fire the Solicitor General. [Translation: This Calida. His security (agency) has been there for a long time. Why should I fire him? He's good, he's also from Davao.

URC to build P1-B Vita Soy facility
BusinessWorld - 2018-05-30
UNIVERSAL ROBINA Corp. (URC) is investing around P1 billion to build a new facility that will locally produce its Vita Soy drinks, its chairman said. URC Chairman Lance Y. Gokongwei said on Wednesday the company is currently developing a production ...

Meralco to build microgrids outside franchise area
BusinessWorld - 2018-05-30
Mr. Reyes identified microgrids as a prospective new business for Meralco, which has a 25-year franchise valid through June 28, 2028 to construct, operate and maintain an electric distribution system. Meralco serves the cities and municipalities of Bulacan ...

PhilCare rolls out OFW plan
BusinessWorld - 2018-05-30
OFWs and their relatives may avail of the plan up to 65 years old, although the premium payments are higher at P8,900 for those in advanced age, according to PhilCare business development head Raymond Peter B. Tiangco. This will provide access to over ...

House ratifies national ID system bill
BusinessMirror - 2018-05-30
The ID card is a machine-readable government card that will store multiple data about the cardholder. This data can range from tax information, health or social security card details, just to name a few. The Congress reconciled version of the bill provides ...

Government to 'make haste slowly' in deals with China
CNN Philippines - 2018-05-30
Metro Manila (CNN Philippines, May 30) -- The gung-ho approach of the government when it comes infrastructure spending takes a backseat when deals with China are involved, one of the administration's economic managers said. Socioeconomic Secretary ...

Senators seek probe into militarization in South China Sea
CNN Philippines - 2018-05-30
Metro Manila (CNN Philippines, May 30) -- Eight senators are calling for a probe into the increasing militarization of China in the West Philippine Sea and South China Sea. Minority Floor Leader Franklin Drilon and fellow Senators Francis "Kiko ...

DENR prepares charges against owners of hidden pipes in Boracay
BusinessMirror - 2018-05-30
The Department of Environment and Natural Resources (DENR) has identified the business establishments that are illegally discharging untreated wastewater in Boracay through hidden pipes. The DENR is now preparing charges against the owners of the illegal ...

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