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New Year food for thought
Philstar - 2018-01-03
CROSSROADS (Toward Philippine Economic and Social Progress) By Gerardo P. Sicat (The Philippine Star) | Updated January 3, 2018 - 12:00am Some food for thought for the new year greet me. In the past year I had hoped to comment on some of the topics but had ...

Philippines stays in SE Asian manufacturers’ lead
- 2018-01-03
By Elijah Joseph C. Tubayan Reporter THE PHILIPPINES’ manufacturing performance bested those of Association of Southeast Asian Nations (ASEAN) counterparts for the third straight month in December, according to a monthly survey conducted by IHS Markit for Nikkei, Inc. The country’s seasonally adjusted Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI) topped the regional average of …

ICT Davao urges BPOs to improve safety systems
BusinessWorld Online - 2018-01-03
DAVAO CITY -- Business process outsourcing (BPO) companies should adopt better safety systems at their facilities to prevent a repeat of the deadly fire at New City Commercial Center (NCCC) mall, where an American firm was holding office, according to the ...

Americans to eat record amount in 2018
BusinessWorld Online - 2018-01-03
Many Americans are actively shunning carbohydrates in favor of protein, though any health benefits may be outweighed by the sheer volume of meat, eggs and dairy being consumed. While the government recommends that adults eat 5 to 6.5 ounces of protein ...

PHL stocks soar past 8,700 on positive sentiment
BusinessWorld Online - 2018-01-03
The benchmark Philippine Stock Exchange index (PSEi) rallied to a new all-time high ... del Castillo, managing director at First Grade Finance, Inc., said in a phone interview. Coming off a two-day break, local stocks rode on the extended gains in Asian ...

No fuel price hike under tax reform law until mid-January
CNN Philippines - 2018-01-03
Metro Manila (CNN Philippines, January 3) -- The Energy Department on Wednesday reminded the oil industry and the public that higher fuel taxes should only take effect after January 15. Energy Assistant Secretary Bodie Pulido said they expect stable fuel ...

Marcventures gets SEC go-signal to hike capital
Philstar - 2018-01-03
Marcventures is raising its capitalization to facilitate the issuance of shares to Asia Pilot Mining Philippines Corp. (APMPC) and BrightGreen Resources Holdings Inc. (BHI). Both APMPC and BrightGreen will be be folded into Marcventures. Marcventures ...

PLDT, Smart forge P1.4-B partnership with Huawei
Philstar - 2018-01-03
MANILA, Philippines -- To improve wireless service delivery platforms, PLDT and its wireless unit Smart Communications Inc. have forged a $28.5-million (P1.4-billion) partnership with China-based global information and communications technology leader Huawei.

Microsoft acquires Avere Systems, file-storage vendor for Windows and Linux
ZDNet - 2018-01-03
Microsoft's first acquisition of calendar 2018 is file-storage vendor Avere Systems. Microsoft announced intentions to buy the Pittsburgh, Penn.-based vendor on January 3 for an undisclosed amount. Avere has developed file system and caching technoloogies ...

New ransomware headache as crooks dump bitcoin for rival cryptocurrencies
ZDNet - 2018-01-03
While bitcoin was the preferred way of paying to free PCs from ransomware or buying illegal services on the dark web, that might not be the case for much longer -- and tracking down and online criminals could become harder as a result. Bitcoin remains a ...

Challenges and opportunities
Philstar - 2018-01-03
reyes (The Philippine Star) | Updated January 3 ... and consequently the need for logistics services and warehousing. Sixth, industrial park developers are expected to head north of Luzon. The report anticipates industrial lease rates in Cavite, Laguna ...

LIST: Black Nazarene procession route, prayer stations for January 9
Philstar - 2018-01-03
Cruz Church Arlegui corner Quezon Boulevard Pedestrian overpass in Arlegui St. corner P. Casal St. Canopy of Manuel L. Quezon University San Sebastian Church Barangay hall in Guzman Street Globo de Oro

Bitcoin is too hot for criminals. They're using monero instead
CNN Money - 2018-01-03
Bitcoin is becoming too hot for criminals so they're switching to more obscure cryptocurrencies such as monero, according to European law enforcement officials. Just as bitcoin has skyrocketed in value and popularity, so has the attention given to the ...

Why Twitter won't block Trump despite his nuclear threats
CNN Money - 2018-01-03
Twitter is facing renewed calls to take action against President Trump's account after he used it to threaten nuclear war. On Tuesday night, Trump used Twitter (TWTR) to taunt North Korea about the nuclear capabilities of the U.S. in response to recent ...

Inside the MIT lab developing soft, wearable robots
CBS News - 2018-01-03
As researchers continue to develop new and improved robots, many are concerned about the future capabilities of these machines. Even tech innovators like Elon Musk and Bill Gates fear that if we don't control artificial intelligence, we might create ...

'Agaton' intensifies into tropical storm as it leaves PH territory
CNN Philippines - 2018-01-03
Story updated to include PAGASA's 11 a.m. advisory. Metro Manila (CNN Philippines, January 3) -- "Agaton" (international name: "Bolaven"), which left two dead and hundreds displaced in the Visayas, has intensified into a Tropical Storm. According to the ...

Flood warning
Philstar - 2018-01-03
DEMAND AND SUPPLY By Boo Chanco (The Philippine Star) | Updated January 3, 2018 - 12:00am SAN FRANCISCO - Monitoring events back home, it is with sadness that I noted the death of over 200 people in Mindanao because of a Christmas typhoon named Vinta.

PSEi breaches 8,700
Inquirer - 2018-01-03
BPI, URC and PLDT firmed up by over 1 percent while Meralco, GT Capital, Jollibee and Security Bank also contributed gains. Outside of the PSEi, notable gainers included gaming firms Bloomberry and Melco Resorts, which both rallied by over 5 percent.

PLDT embarks on $28.5-M wireless service platforms upgrade with Huawei
Inquirer - 2018-01-03
Espinosa, PLDT group chief corporate services officer. "This involves consolidating similar applications for different brands under one system and streamlining business processes through a unified platform and simplified processes," he said.

2017 PSE net foreign buying at P56B
Inquirer - 2018-01-03
two offerings by Del Monte Pacific Ltd. and one by Cirtek Holdings Philippines Corp. After attempting to decisively conquer the 8,000 barrier for the last three years, PSEi was finally successful in 2017. The main index closed at new highs 14 times during ...

3rd storm in 2 weeks wreaks havoc in Visayas, Mindanao
Philippine Daily Inquirer - 2018-01-03
A number of flights were canceled at Ninoy Aquino International Airport due to bad weather. In Cebu province, an elderly woman was killed in a landslide while a man died after he fell and hit his head on the pavement as Agaton knocked out the electricity.

Q&A: More than an Auditing Firm
BusinessWorld Online - 2018-01-03
From quality client service to the personal and professional development ... to the business community, or through social corporate responsibility projects. For example, we act as knowledge partner for different organizations and come up with unique ...

GenSan streamlines business permits processing to 2 hours
Mindanews - 2018-01-03
She said business owners are required to complete within 90 days the necessary clearances such as those issued by the Bureau of Fire Protection, Office of the Building Official, Pagibig Fund, Social Security System and the Philippine Health Insurance Corp ...

5 injured Maguindanao cops receive citation medals
Philstar - 2018-01-03
MAGUINDANAO, Philippines -- Five police officers injured in a roadside bombing Sunday night have received awards for commitment to service. Chief Superintendent Graciano Mijares of the Police Regional Office-Autonomous Region in Muslim Mindanao ...

ALI gains 50.19% control of Malaysian property firm MCT
Inquirer - 2018-01-03
Property giant Ayala Land Inc. has boosted its interest in Malaysian property and construction firm MCT Bhd to 50.19 percent from 32.95 percent, in line with its vision to grow this offshore unit to be a major real estate player in Malaysia. Through its ...

Pimentel urges DOH to suspend 'no license, no massage' order
CNN Philippines - 2018-01-03
Metro Manila (CNN Philippines, January 3) -- Senate President Koko Pimentel urged the Health Department (DOH) to suspend its "no license, no massage" order to open employment to more Filipinos. He said on Wednesday the DOH should work with the Technical ...

Pasay police considering 'inside job' in Pasay hotel robbery
Philstar - 2018-01-03
MANILA, Philippines -- Police are looking into the possibility that the robbery at Mabuhay Manor Hotel in Pasay City early Tuesday morning was an inside job. The Southern Police District said that the Pasay City Police Station will conduct an "in-depth ...

BIR eases documentary requirements for MSMEs
Philstar - 2018-01-03
MANILA, Philippines -- The Bureau of Internal Revenue (BIR) will simplify the renewal of business permits of micro, small and medium-scale enterprises (MSMEs) following the implementation of the first package of the tax reform law. BIR commissioner Caesar ...

P72 B ecozone investments on hold, await Palace OK
- 2018-01-03
About P72.4 billion worth of economic zone development projects are still on hold as of end-2017 as proponents await the presidential proclamations of these sites before starting construction and operation.

SEC approves PAL Holdings share swap
Philstar - 2018-01-03
MANILA, Philippines -- The Securities and Exchange Commission (SEC) has approved the share swap transaction of the parent firm of flag carrier Philippine Airlines (PAL) with another Lucio Tan controlled firm, Zuma Holdings and Management Corp. In a ...

BPI ties up with Lulu Exchange
Philstar - 2018-01-03
MANILA, Philippines -- Bank of the Philippine Islands (BPI) has tied up with one of the leading foreign exchange and remittance service providers in the Gulf ... to $23.06 billion from $22.12 billion. Business ( Article MRec ), pagematch: 1 ...

Atencio exits 8990 board
Philstar - 2018-01-03
His resignation from the board took effect Jan. 1, 2018. He said the success of 8990 is not just because of his efforts but also because of the leadership and guidance of his business partners Luis Yu, the founder of 8990 and Martinez, as well as the ...

Investments in logistics to drive 'Build Build Build'
- 2018-01-03
The Department of Finance has urged corporate giants in the logistics industry to help micro, small and medium enterprises take advantage of the benefits of state-of-the-art distribution network.

BSP mulls new tenor for term deposits
Philstar - 2018-01-03
MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) is studying the possibility of introducing a third tenor for the weekly term deposit auction facility (TDF) used to mop up excess liquidity in the financial system. BSP Deputy Governor Diwa ...

PEZA suspends Davao City mall, SSI after fire
Philstar - 2018-01-03
MANILA, Philippines -- The Philippine Economic Zone Authority (PEZA) has suspended the operations of the NCCC mall and American business process outsourcing (BPO) company SSI Philippines Inc. in Davao City in the aftermath of a fire that killed 37 call ...

Fil-Am staffers and students join UC Medical Center strike frontline
Global Nation - 2018-01-02
LOS ANGELES, California-Filipino-American workers and students joined a two-day strike in front of the University of California Ronald Reagan ... diagnostic sonographers, pathology lab technicians, pharmacy technicians, or technicians and others staff ...

PH 5th worldwide, top in Asia in solar power
- 2018-01-02
The Philippines ranked No. 1 among developing countries in Asia in terms of the use of solar photovoltaic systems for electricity generation, according to a Dutch consultancy firm.

Obesity Is the Main Contributor to Diabetes in Blacks and Whites
New York Times - 2018-01-02
Type 2 diabetes is almost twice as common in African-Americans as it is in whites. Obesity, rather than racial factors, is to blame, a new study in JAMA reports. Researchers began with 4,251 black and white men and women ages 18 to 30 who were not diabetic.

What happened in 2017
Business Insider - 2018-01-02
A retrospective on the past year in tech reveals important developments in tech culture -- 2017 spelled out the end of white male dominance in the work place and technologies like social media experienced unprecedented backlash with the US election.

New drug approvals hit 21-year high in 2017
Reuters - 2018-01-02
LONDON (Reuters) - U.S. drug approvals hit a 21-year high in 2017, with 46 novel medicines winning a green light -- more than double the previous year -- while the figure also rose in the European Union. The EU recommended 92 new drugs including generics ...

Amazon says over 5 billion items shipped in 2017 via Prime
Reuters - 2018-01-02
(Reuters) - Online retailer Amazon.com Inc (AMZN.O) said on Tuesday it shipped over 5 billion items worldwide via its subscription based Prime service in 2017 while adding more new members than ever before. The e-commerce giant, which revealed its Prime ...

Is Apple Buying Netflix? Here's Why You Can Ignore Some Analyst Predictions
Forbes - 2018-01-02
Disclosure: The author and American Dream Investing own shares in AAPL and DIS. Citi analysts recently sent a note to clients saying there is a 40% chance that Apple will buy Netflix, according to Business Insider. This will no doubt garner headlines and ...

Germany's strict new law about social media hate speech has already claimed its first victim
Business Insider - 2018-01-02
Facebook, Twitter, and Google will have to delete racist and other hateful posts a lot faster in Germany after a new law came into force on January 1. The companies will have as little as 24 hours to judge whether a post is hateful, and then delete it.

DA allots P182 M for Mindanao crop insurance
Philstar - 2018-01-02
MANILA, Philippines -- The Department of Agriculture (DA) has launched a P182 million insurance program for farmers affected by Typhoon Vinta to ensure quick recovery from losses in the farm sector. Agriculture Secretary Emmanuel Piñol said the ...

Ripple and Ethereum keep breaking records while Bitcoin takes a back seat
Mashable - 2018-01-02
Every product here is independently selected by Mashable journalists. If you buy something featured, we may earn an affiliate commission which helps support our work. It's another green day in the world of cryptocurrencies, with all of the ten largest ...

Jeepney, taxi, TNVS drivers seek fare hike due to coming oil price increase
CNN Philippines - 2018-01-02
Metro Manila (CNN Philippines, January 3) -- Jeepney, taxi, and TNVS drivers want to raise fares in the wake of the impending fuel price hike as a result of the tax reform law. Under the recently approved law, a ?2.50 centavo excise tax is imposed on ...

PNP Chief backs police response to Mandaluyong shooting
CNN Philippines - 2018-01-02
Metro Manila (CNN Philippines, January 2) -- The head of the Philippine National Police (PNP) said while he condemns the botched operation in the Mandaluyong shooting, the police response to a supposed crime was expected. PNP Chief Director General Ronald ...

What's new for Traslacion 2018
CNN Philippines - 2018-01-02
Metro Manila (CNN Philippines, January 3) -- Traffic authorities and church officials said there will be changes to this year's commemoration of the Feast of the Black Nazarene. The Metro Manila Development Authority has announced a new route for ...

Palace releases guidelines for foreign travel of gov't employees, officials
CNN Philippines - 2018-01-02
Metro Manila (CNN Philippines, January 3) -- Malacañang is advising all officials and personnel in the Executive Department to secure the necessary permission and documents before going on foreign trips. The Palace released on Wednesday a memorandum of ...

JV Ejercito 'disappointed' with lower tobacco tax
CNN Philippines - 2018-01-02
Metro Manila (CNN Philippines, January 3) -- Senator JV Ejercito is not pleased with what he considers a low hike in tobacco taxes -- and he has somebody to blame. "I'm sorry but I would not be surprised if the tobacco companies, Philip Morris, probably ...

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