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TRAIN law boosts BIR take
- 2018-02-26
A combination of higher rates and new levies allowed the Bureau of Internal Revenue (BIR) to collect P22.1 billion in excise taxes in January or 7.7 percent above target.

Rural credit bottleneck
Inquirer - 2018-02-26
This is extremely high, compared to the rates our neighboring governments charge their constituencies: Vietnam and Indonesia at 12 percent; Thailand at six percent; China at five percent ... of the Home Guaranty Corporation, believes that agriculture ...

Gov’t seeks bidders for Clark
- 2018-02-26
The Duterte administration is readying an invitation to bidders for the operation and maintenance of the Clark International Airport in Pampanga province.

FDA: Sanofi already knew of Dengvaxia risks as early as 2015
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 26) -- The Food and Drug Administration (FDA) chief on Monday revealed drug maker Sanofi Pasteur was aware of the health hazards of the controversial Dengvaxia months before the launch of the nationwide immunization ...

Chinese nationals, companies now ALI’s biggest foreign condo buyers
- 2018-02-26
A growing number of investors from mainland China are buying residential condominium units in the Philippines, now a more attractive investment destination for them following the rekindling of diplomatic ties between the two countries.

Local stocks track regional rally
Inquirer - 2018-02-26
The local stock barometer firmed up to nearly 8,500 on Monday, tracking upbeat US and regional markets as the US Federal Reserve signaled a "gradual" pace of interest rate increases. Reversing early losses, the Philippine Stock Exchange index (PSEi ...

Google unveils updates to Assistant to bolster voice platform
Business Insider - 2018-02-26
This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers hours before appearing on Business Insider. To be the first to know, please click here. Google is aiming to make its Google Assistant voice platform more useful by enabling ...

Former President Ramos spits at group of photographers during Edsa celebration
Philippine Daily Inquirer - 2018-02-26
It is uncertain whether former Philippine President Fidel V. Ramos was being playful or not when he spat at a group of photographers yesterday, Feb. 25, during the celebration of the 32nd EDSA People Power Revolution. The photo was captured by photographer ...

2 House bills seek synchronized village polls and plebiscite on new Constitution
Philippine Daily Inquirer - 2018-02-26
BACOLOD CITY -- Congress has until March 21 to pass bill postponing the barangay and Sangguniang Kabataan elections, said Negros Occidental Rep. Alfredo Abelardo Benitez. He said there were two bills filed in the House of Representatives seeking the ...

New leaked images claim to show the screen of a massive 'iPhone X Plus'
Business Insider - 2018-02-26
New leaked images claim to show parts from a 2018 iPhone. The photos show a large notched display that would reportedly be for an "iPhone X Plus," a massive 6.5-inch phone said to be coming later this year. The parts may not be for an Apple phone however ...

Get ready for the 'largest iPhone ever'
Mashable - 2018-02-26
Bigger really is better, at least as far as Apple is concerned. So suggests a new report from Bloomberg, which claims that the tech behemoth intends to release the "largest iPhone ever" later this year along with two other new models. Apple is allegedly ...

Ground zero ceremony set to commemorate 1993 terror bombing
Philippine Daily Inquirer - 2018-02-26
NEW YORK -- Survivors and others are set to gather at ground zero for a solemn tribute to victims of the first terror attack on the World Trade Center, the deadly bombing 25 years ago. Monday is the anniversary of the blast, which killed six people, one ...

No, Medical-Marijuana Legalization Doesn't Make Teens Smoke More Pot
YAHOO! - 2018-02-26
For years, people have debated whether legalizing marijuana could lead to an increase in the use of the drug among teens. But a new study finds that's not the case, at least for laws that legalize medical marijuana. The study found that teen use of ...

Senate orders arrest of ex-poll chief Bautista
Philippine Daily Inquirer - 2018-02-26
The Senate has ordered the arrest of former Commission on Elections (Comelec) chair Andres "Andy" Bautista after he repeatedly failed to attend the Senate probe into his alleged unexplained wealth. Senator Francis Escudero, chair of the committee on ...

TRAIN law not the cause of recent inflation, says Gatchalian
Philippine Daily Inquirer - 2018-02-26
The recently-implemented Tax Reform for Acceleration and Inclusion (TRAIN) Law was not the reason behind the price hikes, Senator Sherwin Gatchalian said Monday. Gatchalian, who chairs the Senate economic affairs panel, said the two main causes of higher ...

Duterte to let Congress decide on divorce bill
Philippine Daily Inquirer - 2018-02-26
President Rodrigo Duterte is leaving the fate of the divorce bill to Congress although he previously registered his opposition to it, Malacañang said on Monday. "No comment," Presidential Spokesperson Harry Roque quoted Duterte as saying when asked ...

Work of 1986 Edsa Revolt still unfinished, say protesters
Philippine Daily Inquirer - 2018-02-26
The work of the 1986 Edsa People Power Revolution is still unfinished. This was the battle cry of workers, farmers, indigenous peoples, students, and members of environmental, human rights and church groups on the 32nd anniversary of the overthrow of ...

2GO narrows net loss in 2017
BusinessWorld - 2018-02-26
2GO GROUP, Inc. narrowed its net loss to P310 million in 2017 from the P344 million posted in 2016, as revenues jumped 13% due to the growth of its logistics and distribution business. In a disclosure to the stock exchange on Monday, 2GO Group said its ...

BDO income up on expansion of core businesses
BusinessWorld - 2018-02-26
BDO Unibank, Inc. booked higher earnings in 2017 on the back of strong expansion across its business segments. In a disclosure to the local bourse on Monday, the Sy-led BDO said it recorded a record-high net income of P28.1 billion in 2017, up 7% from the ...

Boracay crackdown costing DENR P9.5 million
Philippine Daily Inquirer - 2018-02-26
BORACAY ISLAND, AKLAN -- Running after violators of environmental laws and regulations in Boracay is costing an initial P9.5 million in public funds from the Department of Environment Natural Resources (DENR) alone. DENR Undersecretary Jonas Leones, the ...

Study: 1 in 10 children with cancer improve in Phase 1 drug trials - 2018-02-26
Feb. 26 (UPI) --One in 10 children with cancer saw their condition improve in Phase 1 clinical trials, and about 1 in 50 died from complications related to the drug, according to data research. Researchers examined 170 studies with 4,604 patients meeting ...

Nokia 8110 Matrix phone points the way back to the future for smartphones
ZDNet - 2018-02-26
It says a lot about the state of the smartphone industry that one of the devices making the biggest splash at this year's Mobile World Congress is a banana-yellow feature phone paying homage to a 1999 handset. The Nokia 8110 4G is an updated version of the ...

Aquino denies rush in Dengvaxia vaccination program
Rappler - 2018-02-26
(WATCH: House hearing on Dengvaxia) The Aquino administration has been accused of rushing the procurement and the program, despite qualms from health experts - including those from the health department - over the use of a relatively new vaccine in a ...

Ayala unit takes control of US-based Merlin Solar
BusinessWorld - 2018-02-26
A SUBSIDIARY of Ayala Corp. acquired a majority stake in a manufacturer of innovative solar solutions that will enable the conglomerate to bolster its global manufacturing presence and put the company in a position to disrupt the solar energy industry.

Cebu Landmasters expands in Negros Occidental with 2 projects
BusinessWorld - 2018-02-26
CEBU LANDMASTERS, INC. CEBU LANDMASTERS, Inc. (CLI) unveiled two projects in Negros island with a combined sales value of P3.54 billion, as it looks to provide housing for employees of the booming information technology-business process management (IT-BPM ...

Ransomware: Get ready for the next wave of destructive cyberattacks
ZDNet - 2018-02-26
It might look to be out of the limelight compared to 2017, but it would be foolish to write ransomware off yet, as more attacks using the file-encrypting malware are ahead. High profile incidents like WannaCry, NotPetya and Bad Rabbit made ransomeware ...

Maynilad inks P18.5-B notes facility
BusinessWorld - 2018-02-26
Inc. disclosed their subsidiary Maynilad will use the proceeds of the notes facility to refinance existing peso-denominated loans and other general corporate requirements. The loan will have a tenor of seven, 10 and 15 years. It tapped BDO Capital ...

With IT parks and competitive rents, Quezon City reels in more office builders
BusinessWorld - 2018-02-26
With a total floor area of 34,517.70 square meters (sq.m.), the 20-storey edifice will primarily have information technology and business process management (IT-BPM) firms for its tenants. Zeta, which also has a Leadership in Energy and Environmental ...

PSBank books higher earnings
BusinessWorld - 2018-02-26
"We are pleased to see that the results of our efforts in digitization and customer service are becoming evident with the year in and year out strong performance of our core business, making our growth stable and sustainable" PSBank President Vicente

DBP profit climbs in 2017
BusinessWorld - 2018-02-26
The bank also supported small and medium enterprises by providing P57 billion under its Small Business Puhunan Loan and Broiler Contract Growing programs. Aside from these, the lender also allocated a P21.87-billion assistance to help build environment ...

Immigration deports 73 Chinese 'telecom fraudsters'
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 27) -- The Bureau of Immigration (BI) deported 73 Chinese nationals on Monday night who were staying in the Philippines as aliens, and are wanted in China for economic crimes. Their passports were canceled by the ...

Duterte eyes arming ROTC troops, reservists to counter terrorism
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 27) -- President Rodrigo Duterte is looking into the possibility of arming graduates of the Reserve Officers' Training Course (ROTC) program and military reservists to defeat terrorism. "If things get worse, I will ...

DFA seeks transfer of OFW murder suspects to Kuwait
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 26) -- The Department of Foreign Affairs (DFA) on Monday said it wants the custody of the employers of slain domestic helper Joanna Demafelis transferred to Kuwait. DFA Office of Migrant Workers Affairs Executive ...

House panel to decide on Sereno impeachment complaint next week
CNN Philippines - 2018-02-26
Story updated to include statement of BIR Deputy Commissioner Arnel Guballa. Metro Manila (CNN Philippines, February 27) -- The House Justice committee will vote next week on whether or not there is probable cause to impeach Chief Justice Maria Lourdes ...

DICT removes P10-B capital requirement for telco bidders
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 27) -- The government has removed a previous P10-billion capital requirement for companies interested in becoming the country's third major telecommunications (telco) player. Speaking at the second stakeholders ...

Employers, job seekers see positive hiring scenario this year -- Jobstreet
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 27) -- Online recruitment portal says both employers and job seekers are more optimistic about employment scenarios this year. In its Job Outlook Report for 2018, Jobstreet said 88% of candidates will ...

Protesters stage rally near residence of ex-Pres. Aquino
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 27) -- A handful of protesters claiming to be Yolanda survivors staged a lightning rally near the house of former President Noynoy Aquino on Tuesday. Members of Eastern Visayas disaster-survivor group People Surge ...

Roque to recommend UN expert to probe drug war: 'Definitely not Callamard'
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 27) -- The Palace is open to having a United Nations (UN) expert investigate the country's drug war as long as Special Rapporteur Agnes Callamard is out of the picture. Presidential Spokesperson Harry Roque, who ...

Study: Heart-healthy diet may help reduce depression risk - 2018-02-26
Feb. 26 (UPI) --People who adhere to a diet to avoid hypertension also were less likely to develop depression, according to a preliminary study released Monday. The Dietary Approaches to Stop Hypertension, known as DASH, has been shown to lower high blood ...

Pediatrician arrested for giving partial vaccine doses to children
New York Daily News - 2018-02-26
ORLANDO, Fla. -- A Florida pediatrician has been arrested for giving partial doses of vaccines to children. The Florida Department of Health says in a statement that about 500 patients of Dr. Ishrat Sohail may have been affected. T he agency is working to ...

Ex-President Aquino recalls events leading to People Power with poignant video
Philippine Daily Inquirer - 2018-02-26
Former President Benigno Aquino III on Sunday posted a poignant video of the crucial events that led to the ouster of the dictator Ferdinand Marcos as his way of joining the nation in commemorating the 32nd anniversary of the Edsa People Power Revolt.

Duterte eyeing criminal raps vs. Boracay officials
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 26) -- Boracay officials may be in for a hard time, as President Rodrigo Duterte is considering filing cases against them. In a press briefing Monday, Presidential Spokesperson Harry Roque said, "The President was ...

Rare snowfall blankets Rome, closing schools
Philippine Daily Inquirer - 2018-02-26
Roman Vilfand, chief of the Russian Meteorological Office, told the Interfax news agency that Muscovites should brace themselves for frosty weather in early March and could only "count on the warmth of the soul," not higher temperatures outside.

PHL, Turkey sign deals on agriculture, investments
BusinessWorld - 2018-02-26
(From standing left clockwise) DTI Undersecretary Ceferino Rodolfo, Philippine-Turkey Business Council President Ernesto Chua, Turkey-Philippines Business Council Chairman Ilkem Sahin, Turkish Ministry of Economy Deputy Undersecretary Husnu Dilemre ...

BMW plans electric Mini production in China
Inquirer - 2018-02-26
German auto giant BMW said Friday it plans to build an electric version of its compact Mini in China, in a possible joint venture with local partner Great Wall. The Munich-based group is in "advanced discussions" aimed at "a new joint venture in ...

Cebu Landmasters beefs up Visayan residential business
Inquirer - 2018-02-26
Property developer Cebu Landmasters is bringing P3.54 billion worth of fresh residential inventory to the Visayan property market with the launch of two new projects targeting the middle-income and economic housing markets. The two residential projects ...

JBC should answer why Sereno qualified as chief justice, says Aquino
Philippine Daily Inquirer - 2018-02-26
A confused former President Benigno Aquino III said this as he stressed that it should not be him but the Judicial and Bar Council (JBC) who should explain why Chief Justice Maria Lourdes qualified for the post despite her failure to submit complete ...

Breach of marine scientific research permit can be grounds for denial of future applications - DFA
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 26) -- Filipino scientists were only on board the Chinese research vessel for half the time it was in the Philippine exclusive economic zone (EEZ), the University of the Philippines Marine Science Institute (UP MSI ...

House panel to look into Sereno's tax records, psychiatric report
CNN Philippines - 2018-02-26
Metro Manila (CNN Philippines, February 26) -- The House Justice Committee will look into the Chief Justice's tax and psychiatric records as it resumes on Tuesday its hearing on her impeachment complaint. Chief Justice Maria Lourdes Sereno faces removal ...

Philippines' Ayala takes over California solar tech company
Nikkei Asian Review - 2018-02-26
MANILA -- Philippine conglomerate Ayala Corp. has acquired a majority stake in a California-based solar-technology company, its latest push into "disruptive" assets. AC Industrials, Ayala's manufacturing unit, lifted its stake to 78.2% in Merlin Solar ...

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