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Driven by Mobile Platforms, Philippines B2C e-Commerce Market registered over 23% growth in Q4 of 2017, reveals Frost and Sullivan
Yahoo Finance - 2018-04-18
MANILA, Philippines, April 18, 2018 /PRNewswire/ -- The optimistic e-Commerce market--Business to Consumer (B2C)--in the Philippines registered remarkable incremental growth in the fourth quarter (ending Dec) of 2017. The online retail market of the ...

Robust Government spending seen in 2017
Philippine Information Agency - 2018-04-18
He added that maintenance spending also expanded to 10.8 percent or Php265.4 billion due to the implementation of the K to 12 program, scholarships of the Commission on Higher Education, purchase of medicines and vaccines by Department of Health ...

Poor villagers benefit from free dental, surgical services
Philippine Information Agency - 2018-04-18
BAMBANG, Nueva Vizcaya, April 18 (PIA) -- Close to 100 indigent villagers here benefited from the free dental and circumcision services sponsored recently by the Alpha Phi Omega International ... now the Nueva Vizcaya State University, which serves as ...

Ideas are not enough to build a sustainable business
BusinessWorld - 2018-04-18
"Not enough to build a sustainable business and not ... incubation programs in the Philippines have their own ecosystem of startups. A lot of these startups have excellent ideas and products who are just waiting to scale up." Snipe also found support ...

P37 million in allegedly withheld SAF funds returned to PNP
CNN Philippines - 2018-04-18
Metro Manila (CNN Philippines, April 18) -- A portion of the alleged missing funds for the Philippine National Police-Special Action Forces (PNP-SAF) has been returned, PNP Chief Ronald "Bato" Dela Rosa said Wednesday. "Naibalik na yung around ?37 ...

Awards body sees growth of property sector in 2018
BusinessMirror - 2018-04-18
The efforts of ArthaLand, one of the leading green developers in the country, were recognized not only domestically, receiving the Special Recognition in Sustainable Design at the 2016 PropertyGuru Asia Property Awards regional grand final in Singapore ...

PNP wants extension of deadline in submitting drug war records to Supreme Court
CNN Philippines - 2018-04-18
This story was updated to include Dela Rosa's statement on being ready to face charges. Metro Manila (CNN Philippines, April 18) -- The Philippine National Police needs more time to gather documents on the controversial war on drugs for submission to the ...

Over 100 anti-riot police ready to keep Boracay safe
CNN Philippines - 2018-04-18
Metro Manila (CNN Philippines, April 18) -- Over 100 anti-riot police officers will maintain peace and order during Boracay's six-month closure. Chief Superintendent Cesar Hawthorne Binag, Western Visayas regional director, on Tuesday said while the ...

DOLE executive resigns due to delay in ending labor contractualization
CNN Philippines - 2018-04-18
Metro Manila (CNN Philippines) - The Labor Undersecretary for policy, employment and regional operations has submitted his resignation saying he was not doing well enough to resolve the country's contractualization dilemma. "As the dept. official in charge ...

Duterte trusts Putin to 'do the right thing' amid Syrian crisis
CNN Philippines - 2018-04-18
Metro Manila (CNN Philippines, April 18) -- President Rodrigo Duterte is counting on Russia to take the right action amid the ongoing crisis in Syria, his spokesman said Tuesday. Presidential Spokesperson Harry Roque confirmed Duterte met with Russian ...

SC nullifies DOJ hold departure circular used by de Lima vs. Arroyos
CNN Philippines - 2018-04-18
Metro Manila (CNN Philippines, April 17) -- The Supreme Court unanimously voted to nullify the Department of Justice's power to bar a person from travelling. The Supreme Court En Banc on Tuesday said DOJ's Department Circular No. 41 is unconstitutional ...

DOJ summons Rappler president, treasurer over tax evasion complaint
CNN Philippines - 2018-04-18
Two dates were specified: April 24 and May 7. On March 8, BIR filed a tax evasion case against Rappler Holdings Corporation (RHC) before DOJ. RHC is the parent company of online news site Rappler Incorporated whose primary purpose is to buy and sell real ...

Robredo gets 'good' marks, Sereno dips to personal low in new SWS survey
CNN Philippines - 2018-04-18
Metro Manila (CNN Philippines, April 17) -- A new survey from an independent pollster shows new satisfaction ratings for four of the country's top officials. Vice President Leni Robredo received "Good" marks from the the Social Weather Stations (SWS ...

Labor groups lose hope on 'endo' EO
CNN Philippines - 2018-04-18
Metro Manila (CNN Philippines, April 17) -- For some labor groups, hope is lost for an Executive Order (EO) to stop all forms of contractualization or short-term, unprotected temporary work, commonly called Endo. With the postponement of the supposed ...

New DOJ secretary to Napoles: You cannot demand custody transfer
CNN Philippines - 2018-04-18
Metro Manila (CNN Philippines, April 17) - After being granted provisional entry to the Witness Protection Program (WPP), should accused pork scam mastermind Janet Lim Napoles push for the approval of her request to be transferred to the safehouse of the ...

Japan is heading for a trade showdown with America
CNN Philippines - 2018-04-18
(CNN Money) -- The United States and Japan trade $200 billion in goods and services each year. It's a vital relationship President Donald Trump wants to overhaul, but Japanese Prime Minister Shinzo Abe isn't so keen. The two leaders are expected to talk ...

Global Business Power investing P5b in renewable plants
thestandard.com.ph - 2018-04-17
Iloilo City-Global Business Power Corp. said it plans to invest P4 billion to P5 billion in its foray into renewable energy projects with a capacity of 300 megawatts over the next two years. "We have a new five-year vision and it will talk about ...

U.S. drug agency proposes rules to rein in opioid manufacturing
Reuters - 2018-04-17
WASHINGTON (Reuters) - The U.S. Drug Enforcement Administration on Tuesday unveiled plans to rein in the amount of opioids that can be manufactured by drugmakers in a given year in an effort to combat the deadly opioid epidemic in the United States.

New York's attorney general launches an investigation into crypto
Business Insider - 2018-04-17
The attorney general of New York has launched a fact-finding mission into cryptocurrency exchanges. He is requesting information from 13 exchanges about the use of bots, outages, consumer protections, and other issues. New York Attorney General Eric ...

Cambridge Analytica planned to issue digital currency: sources
Reuters - 2018-04-17
NEW YORK (Reuters) - Cambridge Analytica was planning to raise money by issuing a new type of digital currency before it became embroiled in a scandal surrounding the misuse of Facebook Inc (FB.O) personal data, sources familiar with the matter told ...

Staunch net neutrality advocate Mignon Clyburn steps down from FCC
The Verge - 2018-04-17
Mignon Clyburn, one of five commissioners for the Federal Communications Commission and a staunch supporter of net neutrality, announced her decision to step down from her role today after more than eight years at the agency. Clyburn, a Democrat, may be ...

Facebook, Microsoft, and 30+ other tech firms are pledging not to build cyberweapons for governments
Business Insider - 2018-04-17
More than 30 major tech companies are pledging not to help build cyberweapons for governments. Microsft and Facebook are among the firms who have signed on to the agreement, which was announced on Tuesday. Amazon, Apple, Google parent company Alphabet, and ...

Can Callisto transform how Silicon Valley deals with sexual harassment?
The Verge - 2018-04-17
In December 2016 -- in the wake of sexual assault allegations against prominent men like Bill Cosby, Roger Ailes, and then-President-elect Donald Trump -- tech writer April Glaser posited a simple solution for combating sexual assault: create a tool that ...

Kids bombarded with junk-food advertising, research finds
Upi.com - 2018-04-17
April 17 (UPI) --Children are exposed to twice as much unhealthy-food advertising as healthy-food ads on TV, according to a study conducted in Australia. The researchers also found ads for junk foods were more prevalent when children were watching ...

JFC completes deal to gain control of Smashburger
- 2018-04-17
JOLLIBEE Foods Corp. (JFC) has completed its acquisition of an additional stake in American burger chain Smashburger, effectively expanding the homegrown fastfood giant’s global footprint. In a disclosure to the stock exchange on Tuesday, the listed company said it has completed all closing conditions and regulatory approvals for the acquisition of an additional 45% stake …

DENR orders 14 establishments to vacate Puerto Galera beaches
CNN Philippines - 2018-04-17
Metro Manila (CNN Philippines ... Mermaid Resort Charletan, Inc., Modem Development Company Inc., Captn Gregg, Eddie's Place Bar & Restaurant, Marginor Diner & Snack, and I Dive at Casa Mia. They were situated at the three-meter easement zones along ...

Grain retailers group president: NFA rice to arrive third week of May
CNN Philippines - 2018-04-17
Metro Manila (CNN Philippines, April 17) -- Consumers may breathe a sigh of relief soon, as the head of a grains retailers group says NFA rice supply could come by the third week of May. Speaking to CNN Philippines Tuesday, Grains Retailers Confederation ...

Lopez Holdings income declines 36% in 2017
BusinessWorld - 2018-04-17
Weighing on profitability was the lack of extraordinary items booked by First Philippine Holdings Corp. (FPH) in 2016 from the arbitration settlement received by First Philec, Inc. and the liquidated damages collected by First Gen Corp. for its San Gabriel ...

Condo sales lift Rockwell Land profits
BusinessWorld - 2018-04-17
ROCKWELL Land Corp. posted double-digit profit growth last year, following improved condominium sales and more project completions. In a regulatory filing, the Lopez-led company said its net income attributable to the parent stood at P2.11 billion in 2017 ...

Nickel Asia says value of nickel ore shipments drops in Q1
BusinessWorld - 2018-04-17
"We are fortunate that this component of our business, as well as the two processing plants where we are invested in, are benefiting from rising LME nickel prices driven by the bullish outlook on nickel used for the EV market," he added. -- Janina

GBP unveils Institute for Energy in Iloilo
BusinessWorld - 2018-04-17
ILOILO CITY -- Global Business Power Corp. (GBP) on Tuesday launched a learning institute in Iloilo City where its employees can enhance their skills in responding to power plant operational and maintenance contingencies as the company prepares for expansion.

Smart prepaid subscribers to get 1-hour free YouTube access
BusinessWorld - 2018-04-17
This service is something every Filipino should have access to," Oscar A. Reyes, Jr., senior vice-president of consumer business market development for PLDT and Smart, said in a statement. Aside from YouTube, Smart will also offer another video service ...

Immigration bureau releases Australian nun
CNN Philippines - 2018-04-17
Metro Manila (CNN Philippines, April 17) -- Australian nun Patricia Fox walked free Tuesday after a day in detention. The 71-year-old nun was released from the Bureau of Immigration (BI) headquarters in Intramuros, Manila at around 3:30 p.m., with a ...

Chinese company no longer building casino on Boracay
CNN Philippines - 2018-04-17
In late March, PAGCOR issued a provisional license to Galaxy and its local partner Leisure & Resorts World Corporation to build a $500-million (P26 billion) "integrated resort" on Boracay. It allowed the companies to process construction permits.

House panels OK Duterte-backed BBL
CNN Philippines - 2018-04-17
Metro Manila (CNN Philippines, April 17) -- Two House panels approved the proposed Bangsamoro Basic Law (BBL), which seeks to create a political entity that would replace the Autonomous Region of Muslim Mindanao (ARMM). House Deputy Speaker Bai Sandra ...

Confusion, blame game fuels Philippines vaccine scandal
Yahoo Finance - 2018-04-17
As of last week 65 deaths have been reported to authorities and are under investigation, the health department says. Different branches of the Philippine government have disagreed openly about potential risks of the vaccine, leading to confusion for the ...

Confusion, blame game fuels Philippines vaccine scandal
YAHOO! - 2018-04-17
As of last week 65 deaths have been reported to authorities and are under investigation, the health department says. Different branches of the Philippine government have disagreed openly about potential risks of the vaccine, leading to confusion for the ...

Mass transport expert: LTFRB not tech-savvy to handle ride-sharing apps
CNN Philippines - 2018-04-17
Metro Manila (CNN Philippines, April 17) - The government may need to step up its capacity to anticipate changes in technology, especially in the transport sector, to properly carry out its regulatory mandate over app-based ride-hailing systems, a ...

Cebu Pacific invests $25 million for training of future pilots
BusinessMirror - 2018-04-17
In Photo: This October 24 photo shows (from left) Cebu Air Inc. (CEB) Vice President for Flight Operations Sam Avila II , CEB President and CEO Lance Y. Gokongwei, Flight Training Adelaide (FTA) Pty. Ltd. Director Steven Young and FTA CEO Johan Pienaar ...

Widus Clark breaks ground for Tower Four project
BusinessMirror - 2018-04-17
We strategically planned this development to serve the community even better by opening more opportunities to the locals while, at the same time, catering to both the business and tourism market." Liwanag also said the billion-dollar undertaking aims to ...

Abac PHL adds digital innovation, infrastructure to its priority areas
BusinessMirror - 2018-04-17
THE Apec Business Advisory Council (Abac) Philippines has added digital innovation and infrastructure to its priority areas. Along with its thrusts on micro, small and medium enterprises, nontariff barriers and services, Abac Philippines seeks to tackle ...

Russia sanctions throw global aluminum supply chain into chaos
BusinessWorld - 2018-04-17
"We will update as and when appropriate. In the meantime it is business as usual." While Rusal makes most of its aluminum in Russia, its alumina plants are more internationally spread, making them more vulnerable to the sanctions. The company refines ...

Quezon City improves disaster-risk reduction plan
BusinessMirror - 2018-04-17
The plan also promotes "cooperation" among the hospitals in the city, barangay health centers, Philippine Blood Center and other blood banks in order to provide ample supply of blood for the possible victims and other health-related concerns during ...

Boracay stakeholders still in the dark as closure nears
BusinessWorld - 2018-04-17
she said. Ms. Bruegger, who has for years been involved in the luxe house rental business in Boracay, said, "resorts and hotels have received many cancelled reservations and bookings; we have yet to have a clearer picture as to how much income will be ...

China economic growth shored up by consumption as industry eases
BusinessWorld - 2018-04-17
"This shows us that China can attain the growth target easily in 2018 even with slightly slower expansion in the second half," said Raymond Yeung, chief greater China economist for Australia & New Zealand Banking Group Ltd. in Hong Kong. "It provides ...

Bus, light rail can co-exist in Cebu City -- mayor
BusinessWorld - 2018-04-17
The proponent, a consortium composed of local and foreign companies plan "to build an elevated LRT with a subway section at the central business district of Cebu City." -- The Freeman

Philippine consumers shifting to higher-volume FMCG purchases -- Kantar Worldpanel
BusinessWorld - 2018-04-17
Kantar Worldpanel Philippines said the volume of goods purchased per shopping ... for convenience or to minimize the need for shopping trips," Kantar Worldpanel New Business Development Director Lourdes Deocareza said in a statement.

The TRAIN in the eyes of the DoF and BIR
BusinessWorld - 2018-04-17
He assists clients in different fields of law, including Taxation, Trusts & Estates, Mergers & Acquisitions, Investment Law, Government Contracts, Public Private Partnership Arrangements and Privatization Projects, Antitrust & Trade Regulation.

How Duterte compares with Trump on dictatorial tendencies
BusinessWorld - 2018-04-17
5. USING STATE POWER TO REWARD CORPORATE BACKERS AND PUNISH OPPONENTS. Walt thinks the tendency of Trump for favoritism and nepotism is "Worrisome, but not a big problem so far." But Walt did point out that the recent tax reforms instituted by Trump ...

PCC merger review as tool for competitive markets, consumer welfare
BusinessMirror - 2018-04-17
These countries, like the Philippines, put a premium on legal predictability and certainty as indispensable elements to doing business, and are averse to the risk of subjecting a transaction to review and possible prohibition and unwinding months or even ...

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