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PCC flags competition concerns on Grab-Uber deal
philstar.com - 2018-05-28
The commission said it took note that the business model of TNCs relies on being able to match successfully the supply of drivers with the demand of riders. "With no constraint from a potential entrant, the ability and incentive of Grab to exercise its ...

Duterte unlikely to scrap 4Ps -- Palace
philstar.com - 2018-05-28
He claimed that the 4Ps, which gives cash allowances to poor households that send their children to school and avail themselves of public health services, makes families wait for assistance instead of making them productive. Presidential spokesman Harry ...

2 brothers killed, kids hurt in Isabela ambush
philstar.com - 2018-05-28
TUGUEGARAO, Cagayan, Philippines -- Two brothers were killed while their two children were wounded in an ambush in Ilagan, Isabela yesterday. Danny Rapisora, 40, and his brother Joel, 45, were riding a motorcycle when they were shot in Barangay Mangcuram.

Quality Indicators Highlight Sex Differences in Stroke Care
Medscape - 2018-05-28
GOTHENBURG, Sweden -- Door-to-needle time less than 60 minutes, arrival at a stroke unit before 4 hours, and use of thrombectomy were among quality measures that men were more likely to experience than women in a study of more than 83,000 hospital ...

India steps up hunt for origin of mysterious brain-damaging virus
Reuters - 2018-05-28
MUMBAI/KOCHI (Reuters) - India began a fresh round of tests to trace the origin of a rare brain-damaging virus that has killed 13 people, a health official said on Monday, as initial tests on animals suspected of carrying the Nipah virus showed no sign of ...

Denis Uy acquisition spree continues, buys majority in digital payment platform
philstar.com - 2018-05-28
... holding firm Udenna Group consists of a dynamic group of companies engaged in diverse businesses including petroleum and oil (Phoenix Petroleum), shipping and logistics (CLC and 2Go), real estate and property development (Udevco), education (Enderun ...

Marcos asks PET: Stand by 50% shade limit
philstar.com - 2018-05-28
MANILA, Philippines -- Former senator Ferdinand "Bongbong" Marcos Jr. yesterday asked the Supreme Court, sitting as the Presidential Electoral Tribunal (PET), to stand firm in its 50-percent threshold for the ongoing recount in his electoral protest ...

4 buildings gutted in Binondo fire; 3 hurt
philstar.com - 2018-05-28
MANILA, Philippines -- Three firefighters were hurt in a fire that razed four buildings in Binondo, Manila yesterday. The fire started at the Land Management Bureau (LMB) building at around 12:36 a.m. and spread to the Juan Luna building, which houses the ...

Palace: Gov't departments to submit reports to lessen price hikes in goods
CNN Philippines - 2018-05-28
Metro Manila (CNN Philippines, May 28) -- The Malacañang said government departments have been tasked to submit reports on how to help curb the rising higher prices of goods. "Inaasahan natin na sa Cabinet meeting sa darating na a-onse (June 11), lahat ...

PCC says Grab-Uber merger led to higher fares
thestandard.com.ph - 2018-05-28
It said the business model of TNCs relied on being able to match successfully the supply of drivers with the demand of riders. The commission said with no constraint from a potential entrant, the ability and incentive of Grab to exercise its market power ...

Muntinlupa court denies De Lima's request to attend son's graduation
CNN Philippines - 2018-05-28
Metro Manila (CNN Philippines, May 28) -- Senator Leila de Lima's request to attend her son's graduation had been denied by the Court. De Lima filed the furlough request on May 15, asking she be allowed to attend her son's graduation from San Beda College ...

Duterte fires Government Corporate Counsel
CNN Philippines - 2018-05-28
Metro Manila (CNN Philippines, May 28) -- President Rodrigo Duterte has fired another official, this time the Government Corporate Counsel, Rudolf Philip Jurado. At a speech Monday, Duterte said, "May I call the Government Corporate Counsel now.

Malacañang leaves TRAIN suspension to Congress
CNN Philippines - 2018-05-28
Metro Manila (CNN Philippines, May 28) -- Malacañang Palace is leaving the decision to suspend the tax reform law up to Congress. President Rodrigo Duterte will only comply with whatever measures pass through the legislative arm, Presidential ...

Too much screen time may double cancer, mortality risk of already unhealthy people
New York Daily News - 2018-05-28
Large amounts of time spent watching television or staring at a computer screen nearly doubled the risk of mortality, cancer and cardiovascular disease in people with low fitness and strength levels, a new study from Glasgow University found. But the ...

Phoenix acquires digital payment platform
BusinessWorld - 2018-05-28
PHOENIX Petroleum Philippines, Inc. has acquired 75% of two companies that own a digital payment platform, which eases the financial transactions between merchants and customers, the oil firm told the stock exchange on Monday. "The acquisition of Pos!

The company that invented the Vespa scooter is now testing this amazing luggage-hauling robot
Business Insider - 2018-05-28
Developed by the company behind the Vespa scooter, Gita is a mobile carrier designed to make mobility and transportation easier and more efficient for pedestrians. A compartment within Gita can hold 44 pounds of cargo such as backpack, a briefcase, or any ...

RRHI to spend up to P3.5 billion for store expansion
BusinessWorld - 2018-05-28
ROBINSONS Retail Holdings, Inc. (RRHI) will be spending up to P3.5 billion in capital expenditures this year to support its development of 100 to 120 new stores. "We project to spend a total of P3 billion to P3.5 billion in capex for our planned organic ...

Breathe Deep: How the Antarctic Sea Spider Gets Oxygen
The New York Times - 2018-05-28
There is nothing like a sea spider. Really. Ask Amy L. Moran, who dives under the Antarctic ice to collect and study the giant species that live in those cold waters. "Everything that they do is weird," she said. The males carry the young, for example.

Philippines Industrial Water and Waste Treatment Market is Expected to Grow to USD 650 Million by 2022: Ken Research
Yahoo Finance - 2018-05-28
Key Takeaway according new publication, "Philippines Industrial Water and Waste Water Treatment ... open creates a lot of problem in the surrounding areas which has long term health impact prompting local to protest against setting up industries.

The most common mistakes people make when choosing passwords, according to research
Business Insider - 2018-05-28
We're really bad at choosing passwords. According to a new study by a researcher at Virginia Tech and Dashlane, a popular password manager service, most users make the same mistakes when making passwords, such as making their password the name of a popular ...

Filipinos still prefer global brands over local -- study
Rappler - 2018-05-28
8 of the top 10 are food and drink products. Meanwhile, Palmolive, Creamsilk and Safeguard are the three most chosen brands in the health and beauty sector. Surf, Downy, and Champion were the leading brands in homecare. The study noted that most of the ...

Experts nix shifting P70-billion CCT funds to farms
BusinessMirror - 2018-05-28
"It provides cash for them, so it is a big help, plus it incentivizes schooling and health-service consumption," Briones said. In a recent public Facebook post, PIDS senior research fellow Jose Ramon G. Albert said the CCT is not a dole-out, as it ...

Do Not Sell My Personal Information: California Eyes Data Privacy Measure
NPR - 2018-05-28
As Europe's sweeping new privacy law went into effect on Friday, California voters may get to decide on strict privacy laws for their state. An initiative likely headed for November's ballot in California would be one of the broadest online privacy ...

GDPR/DPA: Tools to become compliant
BusinessMirror - 2018-05-28
The European Union General Data Protection Regulation is a comprehensive set of rules designed to keep the personal data of all EU citizens collected by any organization, enterprise or business safe from unauthorized access or use. The GDPR went into ...

President signs ease of doing business measure into law
BusinessWorld - 2018-05-28
President Rodrigo R. Duterte signed into law the Ease of Doing Business and Efficient Government Service Delivery Act of 2018. PRESIDENT Rodrigo R. Duterte signed into law late Monday the Ease of Doing Business and Efficient Government Service Delivery Act ...

SPC Power Q1 earnings down 7.3% to P495.1 million
BusinessMirror - 2018-05-28
In its report filed with the regulators, the slowdown was attributed mainly to the scheduled maintenance of its 100-megawatt (MW) power plant; lower margins in the electricity-supply business brought about by the combined effects of lower market price and ...

Duterte welcomes new Indonesian ambassador
CNN Philippines - 2018-05-28
Metro Manila (CNN Philippines, May 28) -- President Rodrigo Duterte welcomed Indonesia's new ambassador to the country. Dr. Sinyo Harry Sarundajang arrived in Malacañang Monday afternoon where he was welcomed by Department of Foreign Affairs (DFA) Chief ...

Federalism, Money, and Taxes
BusinessWorld - 2018-05-28
Income tax can be restructured such that it will be paid direct to the state where a business entity is operating or where a person is working or doing business. A state may also impose an income tax rate different from other states if it believes that ...

Fuel firm buys into digital payments space
BusinessMirror - 2018-05-28
Phoenix Petroleum Philippines Inc., a company led by businessman Dennis Uy, is expanding its portfolio beyond its fuel business. It said on Monday it is acquiring shares from owners of Pos!ble.net, a digital payments platform. "The board of directors of ...

Ceza fintech firms commit $1 million for physical infrastructure
BusinessMirror - 2018-05-28
This was after 21 offshore fintech firms in the business of cryptocurrency signed memorandums of understanding (MOUs) with the Ceza. The fintech firms could bring up to P2 billion worth of investments in the economic zone over the next two years ...

Ceza to be haven for blockchain, crypto exchange, fintech ventures
thestandard.com.ph - 2018-05-28
LR Data of the First Cagayan Leisure and Resorts Corp., IP Ventures and I-Wave will provide the technical requirements of the Fintech companies while Arthaland, a smart and green building in BGC, will serve as the Fintech laboratory. Lambino said he ...

New VA Rule to Ease Restriction on Telehealth Across State Lines
Medscape - 2018-05-28
WASHINGTON -- Physicians, nurses, and other healthcare professionals who work for the US Department of Veterans Affairs' (VA's) health system will be able to more easily provide telehealth across state lines, owing to a new federal rule set to kick in ...

Duterte signs Ease of Doing Business law
BusinessMirror - 2018-05-28
President Rodrigo Duterte signed into law the Ease of Doing Business and Efficient Government Service Delivery Act (Republic Act No. 11032) on Monday, 28 May, a law that is expected to reduce the processing time for permits, transactions and applications.

This Maker Of Tiny Satellites Is Disrupting The Space-Industrial Complex
Forbes - 2018-05-28
We are living in the digital age where data is the primary currency. It only makes sense, then, that innovative young companies are taking collection to the final frontier. Planet Labs is a remarkable business. This tiny San Francisco company plans to ...

Stay away from the stock market
BusinessMirror - 2018-05-28
But then again, of second-liners, there are also winners. Now Corp. has gained 26 percent, and Vitarich Corp, Transpacific Broadband, Lt Group and SM Prime Holdings are all 12 percent to 15 percent higher. However, the lesson that might be learned is that ...

Growth momentum
BusinessMirror - 2018-05-28
You can read almost everyday about their investment plans in the business pages of newspapers. Many companies have committed to spend tens of billions of pesos in capital expenditures this year alone. That means more construction, more jobs and more ...

Knowledge process outsourcing
philstar.com - 2018-05-28
SAN FRANCISCO - Last week, I wrote about my conversation with Rey Untal, President of the industry association of our BPO industry. The threat of Artificial Intelligence was a key topic of our conversation. Mr. Untal reassured me that they are doing a ...

DoLE flags 20 firms in labor-only contracting
BusinessWorld - 2018-05-28
People are seen walking to work in this file photo taken in Makati's central business district. -- BW FILE PHOTO THE DEPARTMENT of Labor and Employment (DoLE), in a press briefing on Monday, disclosed a list of "companies engaged and suspected to be ...

Globe to hike capex, to divulge figure by Q3
BusinessMirror - 2018-05-28
The company is currently on track to fulfilling its commitment to deploy LTE services nationwide by the end of 2018, using the 700 megahertz and 2600 MHz frequencies, soft assets that it earned from co-acquiring the telco business of San Miguel Corp. two ...

Asia energy firms dive with oil, Trump-Kim hopes provide optimism
BusinessWorld - 2018-05-28
On Friday, Brent sank three percent and WTI fell four percent, and in early Asia business they were both down a further two percent. The losses come after crude earlier this month hit levels not seen since November 2014, and led to sharp selling in Asian ...

Duterte signs Ease of Doing Business Act
Rappler - 2018-05-28
MANILA, Philippines - President Rodrigo Duterte, in the presence of Congress leaders, signed into law Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act on Monday, May 28. The new law, an amendment of the ...

HMD expands distribution network for Nokia handsets
BusinessWorld - 2018-05-28
HMD Global, the company handling the Nokia mobile phone business, launched a concept store in SM Iloilo, which opened on May 28, as part of growing its channels outside Metro Manila. Nokia will also make available its new line of phones at two new Nokia ...

Philippine antitrust watchdog flags Grab's local merger with Uber
Nikkei Asian Review - 2018-05-28
MANILA -- The Philippines' antitrust regulator on Monday flagged what it called Grab's "virtual monopoly" in the local ride-hailing market following its merger with Uber's Southeast Asian business and warned that its review of the deal could result in it ...

Traces Of Ancient Martian Life Could Be Hidden In Iron-Rich Rocks
International Business Times - 2018-05-28
For years, astronomers have been working to determine if Mars, the planet companies like SpaceX hope to colonize, ever had any primitive form of life. We already know the red planet had water in its early days, but was there a time when it had all ...

DoLE names companies that may have been engaged in labor-only contracting
BusinessWorld - 2018-05-28
People are seen walking to work in this file photo taken in Makati's central business district. -- BW FILE PHOTO The Department of Labor and Employment (DoLE) has named the companies that may have been guilty of labor-only contracting. In a list the agency ...

Zamboanga City on guard as 96 charged over siege freed
philstar.com - 2018-05-28
ZAMBOANGA CITY, Philippines -- Security personnel on Monday escorted 62 of 96 Moro National Liberation Front members accused of participation in the 2013 Zamboanga Siege back to the city after a court ordered them released. The 96 MNLF members were among ...

Cameras On Preemies Let In Families, Keep Germs Out
NPR - 2018-05-28
Hospitals around the country have been upgrading their neonatal intensive care units to include personal webcams for each tiny patient. It's a convenience for parents--and reduces worries about people bringing in germs. The neonatal intensive care unit at ...

How #NoToDoctorShaming posts highlight gaps in PH healthcare system
Rappler - 2018-05-28
Many of the doctors who have taken part in the #NoToDoctorShaming movement, are not from private healthcare facilities. The health care system in the Philippines, has been described as "fragmented" as the divide in access to medical resources between the ...

Regional wage boards ordered to fasttrack review to increase minimum salary
CNN Philippines - 2018-05-28
Metro Manila (CNN Philippines, May 28) -- The Labor Department has ordered its wage boards to speed up the review to increase the salary of minimum wage workers in several regions amid rising prices of goods. Labor Undersecretary Ciriaco Lagunzad III on ...

Lawyer: Napoles still willing to 'tell all' outside witness protection
CNN Philippines - 2018-05-28
Napoles is accused of funneling ?10 billion in lawmakers' funds to bogus non-government organizations. During President Benigno Aquino III's administration, three senators were detained for allegedly conspiring with Napoles: Juan Ponce Enrile ...

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