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4 nabbed for indiscriminate firing
Philstar - 2017-12-18
SAN FERNANDO, La Union, Philippines -- Four persons were arrested for indiscriminate firing in Barangay Cabaraon in this city on Sunday night. Pablo Ariola, 56; his son Vincent, 32; Glenn Peña, 40, and Jerry Peralta, 54, reportedly barged into an ...

Philippines seen to regain bird flu-free status by March
Philstar - 2017-12-18
MANILA, Philippines -- The Philippines is expected to regain its bird flu-free status by March 2018, an official said yesterday. The Department of Agriculture-Bureau of Animal Industry (DA-BAI) said sentinel birds in Jaen, Nueva Ecija and San Luis ...

Magnitude 5.1 quake shakes Mindanao
Philstar - 2017-12-18
MANILA, Philippines -- Parts of Mindanao were jolted by a magnitude 5.1 earthquake on Sunday night. The Philippine Institute of Volcanology and Seismology (Phivolcs) said no damage or injuries were reported, but warned the public on possible aftershocks.

Cop chief, 2 others die in road mishaps
Philstar - 2017-12-18
MANILA, Philippines -- A town police chief and two others were killed in road accidents in Cotabato, Pangasinan and Cagayan on Sunday. Chief Inspector Raymund Sarmogenes of Antipas, Cotabato was driving his Toyota Avanza when it collided with an Army-type ...

The startup that facilitates deliveries for HelloFresh in SF and LA raises $4.3 million
TechCrunch - 2017-12-18
AxleHire, a last-mile logistics startup that facilitates deliveries for companies like HelloFresh, Freshly, Sunbasket, La Boulangerie and others, has raised $4.3 million from Acorn Pacific, RGA Ventures and others. AxleHire, which started back in 2015, is ...

WeWork is reportedly recruiting startups for a mysterious new invite-only incubator called 'Area 51'
Business Insider - 2017-12-18
Real estate startup WeWork is reportedly recruiting for a new startup incubator called Area 51 Paradise Ranch. The startups incubator will reportedly first be tested out at the company's Tribeca office space in New York City. The invite-only incubator ...

Crypto Watch: The Bitcoin Cash (BCH) Price Just Surged 24% in 90 Minutes
Forbes - 2017-12-18
Bitcoin Cash (BCH) leaps $450 in price in 90 minutes, sporting a new market cap of $39.4B. This morning, Bitcoin Cash--which has been simmering for the past couple weeks--joined the frenzy, exploding 24 percent in just 90 minutes. At 7:24am PST, BCH was ...

Fungi made life on Earth possible, researchers claim
United Press International - 2017-12-18
Dec. 18 (UPI) --Life on Earth wouldn't be possible without fungi, new research suggests. Plants serve as the base of most of the food chains on Earth. Along with animals, they dominate almost every ecosystem on the planet. But new analysis suggests fungi ...

Kaspersky Lab sues Trump administration over software ban
Reuters - 2017-12-18
WASHINGTON (Reuters) - Moscow-based anti-virus company Kaspersky Lab sued the Trump administration in U.S. federal court on Monday, arguing that the American government has deprived it of due process rights by banning its software from U.S. government ...

Tiny stem cell companies close in on major heart disease goals
Reuters - 2017-12-18
NEW YORK (Reuters) - The early hope that stem cell therapy would make the paralyzed walk, the blind see and cure diabetes have given way to a long list of failures, highlighted by early stem cell champion Geron Corp abandoning the field in 2011. But two ...

EU's top court to decide whether Uber is a digital app or a taxi service
Reuters - 2017-12-18
BRUSSELS (Reuters) - A debate in Europe over whether ride-hailing app Uber [UBER.UL] is merely a digital company or one providing transport services will be decided when the top European Union court hands down its verdict on Wednesday in a highly ...

Microsoft's cloud Big Data service cuts prices up to 52 percent
ZDNet - 2017-12-18
Microsoft has decided to get down to business with HDInsight (HDI), its Azure cloud-hosted Big Data offering, based on Apache Hadoop, HBase, Spark, Storm, Kafka, Hive LLAP, and Microsoft R Server. Ostensibly, Microsoft previously considered its competition ...

Study: Sugarless gum, probiotics ineffective against sore throat
United Press International - 2017-12-18
MONDAY, Dec. 18, 2017 -- Down go another two worthless home remedies for strep throat. Neither sugarless gum nor probiotics help to treat the symptoms or speed up recovery from a sore throat caused by bacterial infection, a new clinical trial reports.

Readers on relaunching Phl Inc. and savings
Philstar - 2017-12-18
BIZLINKS By Rey Gamboa (The Philippine Star) | Updated December 19, 2017 - 12:00am We give way to our readers once again. This time, we share two views: one comes from Willy Arcilla commenting on the Philippine economy as a whole and the other is from ...

How Woolly Mammoths Are Related To Humans: 2 Species With A Historic Connection
International Business Times - 2017-12-18
Woolly mammoths and humans have a long, shared history going back to the days of hunting and leading up to today, when we can admire their enormous skeletons thousands of years after they went extinct. Humans would not have been the same without those ...

Health benefits of turmeric
Philstar - 2017-12-18
LIFES ESSENCE By Katherine R. Oyson (The Freeman) | Updated December 19, 2017 - 12:00am In the midst of our recent BCBP (Brotherhood of Christian Businessmen and Professionals) gathering, a member handed a pack of turmeric tea to one of the members.

Index rallies back to 8,400 as investors look for bargains
Philstar - 2017-12-18
MANILA, Philippines -- Stock investors went back looking for bargains yesterday, pushing the benchmark Philippine Stock Exchange index (PSEi) to rally to the 8,400 level anew. The PSEi gained 85.78 points or 1.02 percent to finish at 8,422.82 while the ...

BSP 10-month profit drops to P12.4 B
Philstar - 2017-12-18
MANILA, Philippines -- Lower revenues brought about by dwindling miscellaneous income mainly caused a 19 percent drop in Bangko Sentral ng Pilipinas (BSP) earnings in the first 10 months of the year. Data released by the central bank showed it booked a ...

SEC clears PAL equity restructuring
Philstar - 2017-12-18
MANILA, Philippines -- Flag carrier Philippine Airlines (PAL) has obtained the go-signal of the Securities and Exchange Commission (SEC) to undergo equity restructuring to eliminate its deficit as of last year. In a disclosure to the Philippine Stock ...

US health officials to target high-risk alternative remedies
News Philippines Yahoo - 2017-12-18
WASHINGTON (AP) -- U.S. health officials plan to crack down on a growing number of unproven alternative remedies, focusing on those containing dangerous ingredients that have occasionally been linked to serious injury and death. The Food and Drug ...

PH to withdraw application for U.S. aid to focus on rebuilding Marawi
CNN Philippines - 2017-12-18
Metro Manila (CNN Philippines, December 19 ... primary education expenditures, and ease of doing business. Roque, however, clarified the MCC has not released a final decision on whether or not to give aid to the Philippines. He also did not say ...

41 dead, 45 missing as TD 'Urduja' leaves PH; country girds for 'Vinta'
CNN Philippines - 2017-12-18
Story updated to include PAGASA's 11 a.m. update and the statement of NDRRMC Spokesperson Mina Marasigan. Metro Manila (CNN Philippines, December 19) -- Forty-one people are dead and 45 are missing as Tropical Depression "Urduja" exited the Philippines on ...

Families claim their children died due to Dengvaxia
CNN Philippines - 2017-12-18
Metro Manila (CNN Philippines, December 19) -- Families of children who allegedly died after receiving Dengvaxia vaccine sought accountability on Tuesday. The Public Attorney's Office said more families are willing to come forward to speak up on the ill ...

BoI tops 2017 investment pledge target
- 2017-12-18
PROJECTS approved by the Board of Investments (BoI) — which accounts for the biggest amount of such commitments among the government’s seven investment promotion agencies — have exceeded an official P500-billion target for 2017 by nearly a fourth at P616.7 billion weeks before the year ends, the BoI said in a press release on Monday. …

Iloilo entrepreneurs urged to practice inclusive business
BusinessWorld Online - 2017-12-18
ILOILO CITY -- The level of consciousness on "inclusive business" (IB) practices among local entrepreneurs remains low, according to the Iloilo Business Club (IBC). Lea E. Lara, IBC executive director, backed the earlier statement of Felicitas ...

HSBC upgrades view on PHL GDP, sees risk in infra delays
BusinessWorld Online - 2017-12-18
"A realization of those risks could reduce investor and business confidence and drag down growth." HSBC has noted an easing trend in fixed investment, which posted slower growth for the fifth straight quarter as of end-September. It also flagged ...

Citizen tax planning
BusinessWorld Online - 2017-12-18
It will be a merrier Christmas as well for our small businesses, as the TRAIN offers an optional flat 8% tax based on gross sales or receipts in lieu of business and income taxes. Part of the tax package is an administrative reform to allow annual and ...

Twitter Nazi purge removes far-right British leader that Trump retweeted
Mashable - 2017-12-18
The Twitter purge has just begun and it looks like one of the first high-profile accounts to be wiped from the social media platform is that of Jayda Fransen, the controversial Britain First leader who President Donald Trump retweeted a few weeks ago.

Former Health Secretary: Vaccines should not be introduced during elections
CNN Philippines - 2017-12-18
Metro Manila (CNN Philippines, December 19) -- It was improper for any vaccination program to have taken place during the election season, former Health Secretary Paulyn Ubial said Tuesday. Ubial revealed that as Department of Health (DOH) assistant ...

At least 80 dead or missing in Eastern Visayas due to 'Urduja'
CNN Philippines - 2017-12-18
Metro Manila (CNN Philippines, December 18) -- Eighty persons are dead or missing in the Eastern Visayas, after tropical depression Urduja battered Eastern Visayas, authorities said Monday. Presidential Spokesperson Harry Roque said the death toll climbed ...

Duterte: Third telco provider must be in by March 2018
CNN Philippines - 2017-12-18
The market in the Philippines has been dominated by two players - Globe Telecom Inc. and PLDT Inc. Read: Trade Secretary: Up to a year before new telco enters The President has been vocal against the state of the internet in the Philippines, saying the ...

Amtrak traveled 80 mph before it derailed, NTSB says
CNN Philippines - 2017-12-18
(CNN) -- The Amtrak train that derailed Monday in Washington state was traveling 80 mph in a 30 mph zone, National Transportation Safety Board spokeswoman T. Bella Dinh-Zarr said. It's too early to tell why the train had been traveling at that speed, she ...

Mocha, photog defend Duterte granddaughter's Malacañang pictorial
CNN Philippines - 2017-12-18
Metro Manila (CNN Philippines, December 19) -- The photographer who did a glamorous photo shoot of President Rodrigo Dutertes' granddaughter in Malacanang palace and the President's top supporter came to her defense. Photographer Lito Sy denied that the ...

Philippine Navy chief relieved from post
CNN Philippines - 2017-12-18
Metro Manila (CNN Philippines, December 19) -- The head of the Philippine Navy was relieved from his post as ordered by Armed Forces of the Philippines (AFP) Chief-of-Staff Gen. Rey Leonardo Guerrero, officials said Tuesday. The Navy's Flag Officer-in ...

Globe: Improvement of services hampered by permit, right-of-way issues
Philstar - 2017-12-18
During his first months in office, Duterte warned Globe and rival Smart to improve their services or he would open the local market to international players. Foreign firms, such as China Telecom, however, have to find a local partner as Philippine laws ...

LIST: Domestic flights canceled on December 18 due to 'Urduja'
Philstar - 2017-12-18
MANILA, Philippines (UPDATED 11:23) -- Several domestic flights have been canceled on Monday as tropical depression Urduja maintains its strength and barrels toward northern Palawan. Carriers CebGo, Air Swift and Philippine Airlines Express have ...

Observe smoke-free holiday, Pinoys urged
Philstar - 2017-12-18
MANILA, Philippines -- A group of cancer survivors yesterday urged the public, particularly cigarette smokers, to observe a smoke-free holiday. Smokers should allow their families and friends to enjoy the holidays without exposing themselves to risks ...

Removing quantity restrictions on rice imports could slash price by P7, DOF says
Philstar - 2017-12-18
MANILA, Philippines -- Removing quantitative restrictions on rice imports in favor of tariffs could slash the prices of the country's staple food by as much as P7 and lift hundreds of thousands of Filipinos from poverty, according to the Department of ...

Robust growth in trade expected in 2018
- 2017-12-18
Standard Chartered Bank said the Philippines would see a double-digit growth in both exports and imports but would continue to book a trade deficit next year.Narayanan

Drug Company Under Fire After Revealing Dengue Vaccine May Harm Some
New York Times - 2017-12-18
The first promising vaccine for dengue -- a disease that afflicts hundreds of millions of people around the world -- is in jeopardy after the Philippines suspended it, amid widespread fears about its safety and growing public anger over its use in ...

AboitizPower signs power supply agreement with SURSECO 1
Philstar - 2017-12-18
MANILA, Philippines -- Aboitiz Power Corp. was tapped by the electricity provider of Surigao del Sur to supply two megawatts (MW) of clean energy from its hydropower facilities starting 2018. Surigao del Sur 1 Electric Cooperative Inc. (SURSECO 1 ...

CebuPac renews insurance cover with Pioneer
Philstar - 2017-12-18
MANILA, Philippines -- Local airline Cebu Pacific has renewed its insurance cover with Philippine insurer, Pioneer Insurance. It is the third time the airline has placed its annual cover with the insurer. "This is a vote of confidence in us and we thank ...

Duterte wants erring policemen, including 3 superintendents out of PNP
CNN Philippines - 2017-12-18
This article has been updated with a statement from PNP Chief Bato Dela Rosa. Metro Manila (CNN Philippines, December 18) -- President Rodrigo Duterte wants erring officers out of the police force -- by this week. "(This) Wednesday, mga tatlong ...

Davao eyes IPO or backdoor listing for Cebu casino
Philstar - 2017-12-18
MANILA, Philippines -- Davao-based businessman Dennis Uy may embark on an initial public offering (IPO) or a backdoor listing for his planned casino in Cebu. Nothing is final yet but Udenna Corp. hopes to start construction soon, according to Raymundo ...

Rody asks US anew to return Balangiga bells
Philstar - 2017-12-18
MANILA, Philippines -- President Duterte again demanded that the United States return the three historic Balangiga bells, which the American soldiers took as spoils of the Philippine-American War in 1901. "They must return the bells. It means so much ...

Robinsons opens 2nd Tacloban mall
- 2017-12-18
Robinsons Land Corp. is opening its second mall in Tacloban, three years after Super Typhoon Yolanda battered the city and the rest of the province of Leyte.

SEC expected to bless PSE, PDS union
Inquirer - 2017-12-18
There are four big institutional investors in PSE. PLDT Retirement, Government Service Insurance System and San Miguel president Ramon Ang-chaired Premier Capital Venture Corp. each owns 9.09 percent. San Miguel Corp. Retirement Plan owns 10.29 percent.

Damaged bridge isolates Biliran in Urduja's wake
Philstar - 2017-12-18
MANILA, Philippines -- A state of calamity has been declared in the province of Biliran after tropical storm Urduja damaged five bridges, cutting the island off. At least 26 have been reported dead while 23 are missing after the typhoon triggered ...

Higher FDI, lower hot money outflow in 2018 – BSP
- 2017-12-18
The Bangko Sentral ng Pilipinas (BSP) expects sustained growth in foreign direct investment (FDI) inflows as well as lower net outflow of foreign portfolio investments next year amid the country’s strong macroeconomic fundamentals and the ramp up of infrastructure investments.

All aboard
Philstar - 2017-12-18
Meanwhile, Universal Robina Corp. (URC) and GT Capital Holdings (GTCAP) lagged the market because of concerns that they will be affected by higher taxes on sugar sweetened beverages and automobile purchases. However, both stocks recovered as the proposed ...

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