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IKEA partners with mall operator SM Prime for first Philippines store
Business Insider - 2018-04-06
SM Prime, the Philippines' biggest property firm, will build premises at the SM Mall of Asia to rent to IKEA under an agreement signed earlier this year, said Alexander Pomento, SM Prime vice president for investor relations. The firm is also considering ...

AC Energy eyes power portfolio topping 5 GW
BusinessMirror - 2018-04-06
AC Energy, the power arm of conglomerate Ayala Corp., aims to build a diversified power portfolio of more than 5 gigawatts (GW) by 2025. "Our goal is to exceed 5-GW of capacity by 2025. We will do this by growing both in the Philippines and around the ...

Filinvest secures gaming license for Clarkfield devt
BusinessMirror - 2018-04-06
The Filinvest Mimosa + Leisure City is a joint development of FDC and property development unit Filinvest Land Inc. (FLI). FLI launched its business park and recently completed and fully leased out its first office building with a second building to be ...

Financial secrecy Philippine style
BusinessMirror - 2018-04-06
Granted, most of the money was simply being hidden from current or ex wives, boyfriends, business partners and taxing authorities, in a few cases the funds were exceedingly dirty. However, at the end of the day, a few--very few--of the individuals went down.

The uphill battle to save Baguio from becoming next Boracay
InterAksyon - 2018-04-06
It poses a continuing threat to the shrinking green spaces in Baguio city and will cause adverse consequences to the heritage, culture, health and well-being of the people," the petition read. Many Twitter users, both tourists and residents alike ...

Holiday Inn Express opens in Newport City
thestandard.com.ph - 2018-04-06
Rooms at Holiday Inn Express Manila are equipped with comfortable beds and other amenities . "The Holiday Inn Express brand is providing savvy business and leisure travelers with relaxed, affordable, and hassle-free stays every time," enthuses HT Cheah ...

Duterte to hold bilateral talks with China's Xi this April
CNN Philippines - 2018-04-06
Metro Manila (CNN Philippines, April 6) -- President Rodrigo Duterte is set to hold a bilateral meeting with Chinese President Xi Jinping in the Hainan province of China on April 10, Department of Foreign Affairs Undersecretary Manuel Teehankee announced ...

Manila port operators seek hike in cargo-handling tariff
BusinessMirror - 2018-04-06
PORT operators Asian Terminals Inc. (ATI) and International Container Terminal Services Inc. (ICTSI) have filed petitions with the Philippine Ports Authority (PPA) for cargo-handling rate increases at Manila South Harbor and Manila International Container ...

Tropical Storm Caloy exits PAR
philstar.com - 2018-04-06
MANILA, Philippines -- Tropical Storm Caloy (international name: Jelawat), which did not make any landfall, left the Philippine area of responsibility Tuesday night. In a public weather forecast issued at 4 a.m., state weather bureau PAGASA said that ...

World shares sink as US and China trade threats on tariffs
YAHOO! - 2018-04-06
ASIAN SCORECARD: Japan's benchmark Nikkei 225 index dipped 0.4 percent to close at ... Singapore's share index rose, while those in Indonesia, the Philippines and India fell. Mainland Chinese markets remained closed for a holiday. TRADE TIFF: U.S.-China ...

DENR ready to face possible legal backlash from erring Boracay business owners
CNN Philippines - 2018-04-06
Metro Manila (CNN Philippines, April 6) -- The Department of Environment and Natural Resources (DENR) is ready to face any legal dispute that could be filed by Boracay business owners who refuse to back down despite violations of the law. Environment ...

Philippine tourist island in chaos as shutdown looms
Yahoo Finance - 2018-04-06
Manila (AFP) - The Philippine tourism industry scrambled Friday to manage ... Hundreds of Boracay hotels, as well as restaurants, tour operators and business establishments were on Friday unwinding bookings for rooms, flights, weddings and other events ...

Philippine tourist island in chaos as shutdown looms
YAHOO! - 2018-04-06
The government plans police, or even military, checkpoints at ports to keep tourists away from the tiny central Philippine island that draws two million visitors each year. Residents will get passes while Boracay is rehabilitated. Domestic airlines ...

Duterte 'willing to accept' Rohingya refugees
CNN Philippines - 2018-04-06
Metro Manila (CNN Philippines, April 6) -- President Rodrigo Duterte has called the Rohingya crisis a "genocide" and offered the refugees a home in the country. "I'm willing to accept refugees. Rohingyas, yes," Duterte said in a speech on Thursday.

San Miguel formalizes consolidation of food and beverage business
BusinessWorld - 2018-04-06
San Miguel Corp has formalized its consolidation of its food businesses under San Miguel Food and Beverage Inc. The conglomerate announced the signing of the Deed of Exchange of Shares, wherein SMC transferred to SMFB 7.859 billion common shares of liquor ...

1,482 poor Calambeños benefit from SM medical mission
BusinessMirror - 2018-04-06
Karen Christine H. Tiqui, SM City public relations officer, told the Philippine News Agency the free medical and health-service activities successfully served the urban poor and the marginalized rural folks with mostly mothers and their children and senior ...

Three week notice of Boracay closure unfair - stakeholders
CNN Philippines - 2018-04-06
Metro Manila (CNN Philippines, April 6) -- A private body that advises government on tourism policies said the three-week notice to shut Boracay island down is unfair to the tourism industry. "They held out on the date of closure for so long, we were not ...

Asian shares waver as US and China trade threats on tariffs
New York Daily News - 2018-04-06
KEEPING SCORE: Japan's benchmark Nikkei 225 index dipped 0.4 percent to 21,567.52 while ... Singapore's share index rose while those in Indonesia, the Philippines and India fell. Mainland Chinese markets remained closed for a holiday.

Dela Rosa recommended Albayalde for PNP Chief
CNN Philippines - 2018-04-06
Metro Manila (CNN Philippines, April 6) -- Philippine National Police (PNP) Chief Ronald dela Rosa personally recommended to President Rodrigo Duterte his successor -- Metro Manila police chief Oscar Albayalde. Dela Rosa on Friday said he recommended ...

DOH-7: Suspected cases of measles reported in Cebu
philstar.com - 2018-04-06
CEBU, Philippines -- Personnel from the Department of Health in Central Visayas are investigating suspected cases of measles in Cebu. DOH-7 medical officer Dr. Shelbay Blanco said that the surveillance team is looking into reported cases of measles ...

DOH-7: Suspected cases of measles reported in Cebu
philstar.com - 2018-04-06
CEBU, Philippines -- Personnel from the Department of Health in Central Visayas are investigating suspected cases of measles in Cebu. DOH-7 medical officer Dr. Shelbay Blanco said that the surveillance team is looking into reported cases of measles ...

Mark Zuckerberg: Security on Facebook is 'never-ending battle'
CNN Philippines - 2018-04-06
(CNN Money) -- Facebook co-founder and chief executive Mark Zuckerberg says that his company will never be able to fully protect its platform from abuse by bad actors no matter what it does and that efforts to improve security will be "never-ending.

Airlines cut back flights as Philippine holiday hotspot braces for closure
Reuters - 2018-04-06
Boracay, one of 7,300 islands in the archipelago nation, hosts 1,800 businesses, including global hotel chains like Shangri-La and Movenpick, and locally listed companies Megaworld Corp and Manila Water. Karl Chusuey, vice president for marketing at Henann ...

At the center of our galaxy, there's a black hole party
YAHOO! - 2018-04-06
WASHINGTON (Reuters) - Black holes are hanging out at the center of our galaxy by the thousands, according to scientists who have detected a bunch of them in the neighborhood of a supermassive black hole already known to reside at the heart of the Milky Way.

Feb. factory output growth fastest in nearly 8 years
BusinessWorld - 2018-04-06
Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines (UnionBank) was of the same opinion, saying: "This very significant increase, on a first quarter, signifies that the economy is humming and is doing well." "Although it is ...

'13 Reasons Why' warning is a start, experts say, but they want more
CNN Philippines - 2018-04-06
It sparked a national debate about mental health and suicide and prompted some mental health professionals to warn that "13 Reasons Why" could pose risks for viewers, especially for those already struggling with mental health issues. "Ideally, we hope that ...

Labor Chief: Duterte 'willing' to visit to Kuwait
CNN Philippines - 2018-04-06
Metro Manila (CNN Philippines, April 5) -- Labor Secretary Silvestre Bello on Thursday said President Rodrigo Duterte is willing to visit Kuwait even as the country would push for conditions to protect Filipino workers in a labor deal with the Gulf state.

Jinggoy Estrada open to Senate bid under PDP-Laban
CNN Philippines - 2018-04-06
Metro Manila (CNN Philippines, April 5) -- Former Senator Jinggoy Estrada is mulling over a Senate comeback in the 2019 elections -- and joining the ruling party is one of his options. Speaking to CNN Philippines' The Source on Thursday, Estrada was ...

Menardo Guevarra is new Justice Secretary
CNN Philippines - 2018-04-05
Metro Manila (CNN Philippines, April 5) -- Menardo Guevarra is the new Secretary of the Department of Justice. Presidental Spokesperson Harry Roque revealed the news Thursday, after President Rodrigo Duterte said Thursday that Vitaliano Aguirre resigned ...

The chairman of Google's parent company says that if internet companies don't get their act together, 'bad things will occur'
Business Insider - 2018-04-05
In the wake of Facebook's privacy scandal, John Hennessy, the new chairman of Google parent company Alphabet, spoke to Business Insider. He pulled no punches, telling us that if any big internet company uses personal information in ways that people have ...

Here's the email Amazon sent to furious customers whose accounts were suddenly shut down
Business Insider - 2018-04-05
Amazon is trying to calm angry customers who lost access to their accounts. Hundreds of Amazon customers say that the company closed their accounts with little or no explanation over the last week. Customers have taken to social media to complain about the ...

Aruba Networks Aims To Digitize The Workplace And Make It Smarter
Forbes - 2018-04-05
I recently had the opportunity to spend time with Aruba Networks at its annual user event, Atmosphere 2018, which took place last week in Las Vegas. Best known for its wireless networking capabilities, the company has always been focused on delivering an ...

Report: Ineffective Treatment Often Prescribed For Lower Back Pain
NPR - 2018-04-05
Chances are, you -- or someone you know -- has suffered from lower back pain. It can be debilitating. Actually, it's a leading cause of disability globally. And the number of people with the often chronic condition is likely to increase. This warning ...

Demoralization Distinct From Depression in Parkinson's Disease
Medscape - 2018-04-05
Not all mental illness in Parkinson's disease (PD) is depression, new research suggests. Results of a new study show that 18% of people with PD experience demoralization characterized by symptoms such as helplessness, hopelessness, and/or a sense of ...

Rare disease makes bones in woman's arm 'disappear'
New York Daily News - 2018-04-05
A Scottish woman endured persistent pain in her arm and shoulder for more than a year -- until the bones in her arm "disappeared." It's called Gorham-Stout disease, also known as "vanishing bone disease," and it's an extremely rare condition that has only ...

Australian Authorities Open Investigation Into Facebook's Improper Sharing Of Data
NPR - 2018-04-05
Australia is investigating whether Facebook violated national privacy laws by exposing users' information to the data analysis firm Cambridge Analytica. Facebook has acknowledged that data from more than 300,000 Australians may have been improperly shared ...

Do you Lose Brain Cells When You Age? Adults Make Neurons into Their 70s
YAHOO! - 2018-04-05
Whether or not adults make new brain cells has been a constant topic of debate. A new study published today offers hope for our aging brains with the discovery that adults continue to make neurons even in old age. Neurons help us perform daily functions by ...

A Perplexing Marijuana Side Effect Relieved by Hot Showers
The New York Times - 2018-04-05
The only way to get relief for the nausea and pain was to take a hot shower. He often stayed in the shower for hours at a time and could be in and out of the shower for days. When the hot water ran out, "the pain was unbearable, like somebody was ...

Virgin Galactic's space plane makes 1st powered test flight since 2014 accident
Mashable - 2018-04-05
Virgin Galactic, which aims to eventually bring paying customers to the edge of space, is flying high again. The Richard Branson-founded company just performed the first rocket-powered test flight of its SpaceShipTwo space plane since the first vehicle ...

Boards and effective risk management
BusinessMirror - 2018-04-05
RISK is an inevitable part of doing business, and boards must consider risk in the preparation of their strategic plans. Board directors are expected to take prudential risk to build up their companies and, thus, increase shareholder wealth. Boards must ...

Remastered 'Spyro The Dragon' Trilogy Confirmed Coming To PS4, Xbox One
International Business Times - 2018-04-05
In keeping with an increasingly common trend in video games, what is old is new again. Spyro the purple, fire-breathing dragon, is back. The "Spyro Reignited Trilogy" will bring three classic original PlayStation games back with fully remastered, high ...

Serious monkey business at Malaysia school for macaques
thestandard.com.ph - 2018-04-05
A pig-tailed macaque yanked at a coconut on a piece of string until it fell to the floor, a small victory for the simian student at a Malaysian school that trains monkeys to harvest fruit for farmers. Thousands of monkeys have been taught the trade over ...

Saving Boracay: Timeline, what to expect
CNN Philippines - 2018-04-05
Metro Manila (CNN Philippines, April 5) -- Tourists will have to bid a temporary goodbye to Boracay as the government ordered its closure starting April 26, for a maximum period of six months. The world-famous tourist destination has recently hogged ...

Sereno: If they can do this me, who is safe in this country?
CNN Philippines - 2018-04-05
Cebu City (CNN Philipbpines, April 5) -- Chief Justice Maria Lourdes Sereno is now on the offensive. She poured her heart out and gave her strongest statement yet not just on her impeachment case but also on her quo warranto case. Speaking at an event in ...

Philippine island of Boracay closing 6 months due to sewage leak
Upi.com - 2018-04-05
April 5 (UPI) --Philippine officials will shut down the popular tourist ... both of whom were poisoned in an incident that's had global repercussions, said Thursday her health is improving. Australia investigating Facebook over data scandal 21 minutes ...

Asean seeks to mobilize private capital for infrastructure
BusinessMirror - 2018-04-05
Dominguez will also join fellow finance ministers and Asean central bank governors at the regular meeting of the US-Asean Business Council to discuss innovations in digital finance, capital markets development and insurance. The World Bank estimates that ...

Saving lives
BusinessWorld - 2018-04-05
Organized by the International Red Cross and Red Crescent Movement (IFRC), the course offered lectures delivered by road safety advocates and professors at the Johns Hopkins Bloomberg School of Public Health in Baltimore, Maryland and funded by Bloomberg ...

Grab, Uber reject PCC order for status quo
BusinessMirror - 2018-04-05
"The parties have to maintain the independence of their business operations and other conditions prevailing prior to March 25, which include, among others, ride-hailing and delivery platforms; pricing and payment policies, including incentives and ...

Task force crafts action plans to rebuild Boracay
BusinessMirror - 2018-04-05
recycle and reduce waste--will be practiced both by business establishments and at the household level, while looking at the possibility of putting up a WTE facility on the island. "Imagine, Boracay is producing 100 tons of garbage a day. So ...

Experts push for open data law to reduce disaster risk
BusinessMirror - 2018-04-05
We must have open knowledge, open science and open government," he said. Layer Lysander Castillo, secretary- general of the Philippine Business for Environmental Stewardship, stressed the importance of institutionalizing a law on open data to push ...

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