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Benefits outweigh negative impact of tax reform
Inquirer - 2017-12-20
"The congressional passage of the first package of the Train is a sign of maturity for the Philippine economy that is now ready to meet the challenges of fixing the structural problems and inequities in taxation while generating more revenues to usher in ...

H&M says to close more stores as customers go online
Inquirer - 2017-12-20
Swedish clothing giant Hennes & Mauritz on Friday said sales fell below expectations in the fourth quarter and it would close more stores as customers increasingly prefer to shop online. Swedish clothing giant Hennes & Mauritz on Friday said sales fell ...

PAL taps polar route
Inquirer - 2017-12-20
Flag carrier Philippine Airlines (PAL) flew early this week its nonstop Manila-Toronto flight, the first ever crossing of the polar region by a Filipino air carrier. The Polar route refers to the flight over Canada, Greenland, the Arctic Circle, Russia ...

Bad weather prompts cancellation of domestic flights - Miaa
Philippine Daily Inquirer - 2017-12-20
Two domestic flights were cancelled on Wednesday due to inclement weather, airport authorities said. In an announcement posted on its Facebook page, the Manila International Airport Authority (Miaa) said that as of 9:40 a.m., the following flights were ...

Duterte: 2018 budget, TRAIN govt's biggest Christmas gift to Filipinos
CNN Philippines - 2017-12-20
Metro Manila (CNN Philippines, December 19) -- President Rodrigo Duterte signed the 2018 General Appropriations Act (GAA) and the Tax Reform for Acceleration and Inclusion Act (TRAIN) Tuesday, calling it "the administration's biggest Christmas gift to the ...

The story behind Apple's nasty HomeKit vulnerability
The Verge - 2017-12-20
When Apple announced HomeKit in 2014 it stressed that "HomeKit was designed with privacy and security from the very beginning" so that "only your iPhone can open your garage door or unlock your door." Turns out that last bit wasn't entirely true due to a ...

NSW to launch research centre for defence autonomous systems
ZDNet - 2017-12-20
The New South Wales government has announced that it will be launching a new Cooperative Research Centre (CRC) for Trusted Autonomous Systems to develop defence technologies and solutions in partnership with research institutions, universities, and businesses.

Erectile dysfunction could help reveal cardiovascular disease risk
Inquirer Lifestyle - 2017-12-20
To investigate, a team of researchers from Baptist Health South Florida, Florida International University and Mount Sinai Medical Center, carried out a new review and meta-analysis of 28 studies, including over 3000 participants to examine the link between ...

PDEA seizes P30-M worth of shabu in Pampanga
CNN Philippines - 2017-12-20
(CNN Philippines, December 20) -- The Philippine Drug Enforcement Agency on Tuesday seized suspected shabu worth P30-million in an abandoned residence of an arrested drug supplier in Angeles City, Pampanga. The drug operatives were doing a reenactment of ...

Top court: Uber should be regulated like a taxi company
CNN Money - 2017-12-20
Europe's top court has ruled that Uber should be regulated as a transportation company -- and not a tech firm. The decision by the European Court of Justice is a major setback for Uber, which has long insisted that it should be treated as technology ...

Fuelled by value-for-money phones, Xiaomi draws level with leader Samsung in India
ZDNet - 2017-12-20
In 2014, Chinese smartphone maker Xiaomi made people sit up and take notice in India when its 40,000 Redmi 1S phones were snapped up in a fleeting 4.2 seconds. By the end of that year it had managed to grab on to a respectable 4 percent of the market share ...

LPA over the horizon, cloudy skies, scattered rains - Pagasa
Philippine Daily Inquirer - 2017-12-20
According to the state weather bureau, the weather disturbance was last spotted 975 kilometers east of Mindanao. The LPA would be named Vinta once it intensifies into a tropical depression. Pagasa weather specialist Samuel Duran said the LPA is so far seen ...

NASA is about to announce the finalists of its next $1 billion space mission
Business Insider - 2017-12-20
NASA's New Frontiers program is a competition for scientists to get their space mission funded. The winner, to be selected in 2019, will get funding and a rocket launch that are valued at a combined $1 billion. On Wednesday, the space agency is revealing ...

The year tech took a dark turn
CNN Money - 2017-12-20
While giving a speech in Washington, D.C., last month, the head of the Federal Communications Commission urged his audience to think about a pressing question: "Is social media a net benefit to American society?" "Given the increasingly important role that ...

What to expect in 2018 for the economy
Philstar - 2017-12-19
CROSSROADS (Toward Philippine Economic and Social Progress) By Gerardo P. Sicat (The Philippine Star) | Updated December 20, 2017 - 12:00am At this time of the year, many are wondering what 2018 holds for the Philippine economy. There are events we cannot ...

3 Sayyaf men surrender
Philstar - 2017-12-19
ZAMBOANGA CITY, Philippines -- Three Abu Sayyaf bandits have surrendered in Sulu. Amin Asjad Ismula, alias Amin, and Aldissar Bara Jurrani, alias Boy Aldis, surrendered in Barangay Kanaway, Parang on Sunday. Brig. Gen. Cirilito Sobejana, Joint Task ...

Multi-stage cyber attacks net North Korea millions in virtual currencies: researchers
Reuters - 2017-12-19
SINGAPORE/SEOUL (Reuters) - A series of recent cyber attacks has netted North Korean hackers millions of dollars in virtual currencies like bitcoin, with more attacks expected as international sanctions drive the country to seek new sources of cash ...

Bima raises $97M from Allianz for microinsurance aimed at emerging markets
TechCrunch - 2017-12-19
On the heels of Lemonade raising $120 million from Softbank for its new "peer-to-peer" spin on insurance services, another company aimed at disrupting the insurance market is announcing a major round of its own. Bima, a European startup that builds and ...

Hyundai sees 11% higher sales this year
Philstar - 2017-12-19
MANILA, Philippines -- The local unit of Korean automotive brand Hyundai expects to end the year with 11 percent higher sales than in 2016 due to the robust take-up of its truck and bus models. Hyundai Asia Resources Inc. (HARI) said yesterday it expects ...

Study: No method proven to prevent Alzheimer's disease
United Press International - 2017-12-19
TUESDAY, Dec. 19, 2017 -- Medical science has failed to prove that any treatment, therapy or brain exercise can help prevent dementias such as Alzheimer's disease, an extensive new review has concluded. No medications, over-the-counter remedies or brain ...

U.S., Russian, Japanese crew arrive at space station
Reuters - 2017-12-19
(Reuters) - A trio of U.S., Japanese and Russian astronauts arrived at the International Space Station on Tuesday, a NASA TV broadcast showed. Commander Anton Shkaplerov of Roscosmos and flight engineers Norishige Kanai of the Japan Aerospace Exploration ...

The only app that matters this year is Signal
Mashable - 2017-12-19
Every editorial product is independently selected by Mashable journalists. If you buy something featured, we may earn an affiliate commission which helps support our journalism. Despite all the cool games, video editing tools, and shopping-assistant ...

University of Sydney develops quantum trick to block background sensor 'chatter'
ZDNet - 2017-12-19
An ion trap in professor Michael J Biercuk's laboratory in the Sydney Nanoscience Hub. A team from the University of Sydney (USyd), alongside Dartmouth College and Johns Hopkins Applied Physics Laboratory in the US, has announced solving a common problem ...

FDA issues rules to crack down on homeopathic medicines
United Press International - 2017-12-19
TUESDAY, Dec. 19, 2017 -- The U.S. government plans to crack down on unproven homeopathic remedies, particularly those that pose the greatest risk to patients. The Food and Drug Administration released proposed rules on Monday that would step up its ...

YouTube reportedly signs new music licensing deals with UMG and Sony Music
The Verge - 2017-12-19
YouTube has just signed an agreement with Universal Music Group and Sony Music over royalties and copyrighted material, Bloomberg reports. The deal reportedly solidifies better royalty rates for music rights holders and agrees to "stronger policing" of ...

Someone overdubbed the Trump's new 'Hall of Presidents' robot with some of his horrible speeches
Mashable - 2017-12-19
I gotta say, the idea of Trump being in the Hall of Presidents exhibit made me surprisingly sad when it first occurred to me. But now that I see it-- it is truly hilarious. Good work, President-robot builders. -- Paul F. Tompkins (@PFTompkins) December ...

Uniformed personnel deployed in Marawi get awards
Philstar - 2017-12-19
MANILA, Philippines -- President Duterte conferred on Monday night the Order of Lapu-Lapu to 104 policemen, firemen and jail officers deployed in Marawi during the fighting with Maute militants. Police officers who remained confined in hospitals and the ...

Lanao town vice mayor, treasurer dismissed
Philstar - 2017-12-19
MANILA, Philippines -- The Office of the Ombudsman has ordered the dismissal of the vice mayor and treasurer of Bacolod-Kalawi town in Lanao del Sur. Vice Mayor Diarangan Dipatuan and treasurer Rasad Dumarpa were found guilty of grave misconduct for under ...

PPP projects by LGUs to draw investor interest
Philstar - 2017-12-19
MANILA, Philippines -- Public-private partnership (PPP) projects in local government units (LGUs) would be ensured of sufficiency in scale to make it attractive for investors and would focus on vital services to make sure the projects survive changes in ...

Tax reform, budget implementation set
BusinessWorld Online - 2017-12-19
"Revenues from the TRAIN will fund our priority projects to ensure quality education -- including free tuition in state universities and colleges -- quality health care, social protection and conditional cash transfers, improved infrastructure... and t ...

Duterte: BBL may not hurdle constitutional barriers
Philstar - 2017-12-19
MANILA, Philippines -- The proposed Bangsamoro Basic Law (BBL) may not hurdle constitutional challenges, President Duterte said yesterday even as he stressed the need to continue talking peace with Moro groups to prevent violence in Mindanao. Duterte ...

Duterte declares unilateral holiday ceasefire with communist rebels
CNN Philippines - 2017-12-19
Metro Manila (CNN Philippines, December 20) -- The government will not launch offensives against communist rebels this holiday season following President Rodrigo Duterte's declaration of a unilateral ceasefire. "The President announced last night a ...

Duterte to soldiers: The gov't will take care of you and your family
CNN Philippines - 2017-12-19
Metro Manila (CNN Philippines, December 20) -- On the 82nd anniversary of the Armed Forces of the Philippines (AFP) President Rodrigo Duterte personally assured the troops the government would take care of them and their family. This is in exchange for ...

Military launches attacks vs 'Turaife group' in N. Cotabato
CNN Philippines - 2017-12-19
Metro Manila (CNN Philippines, November 19) -- The military on Tuesday said it launched offensives in North Cotabato against a group associated with Abu Turaife, who is believed to be the next emir of ISIS in Southeast Asia. In a statement, the 6th ...

Gov't gives P41.1-M in aid to families affected by 'Urduja'
CNN Philippines - 2017-12-19
Metro Manila (CNN Philippines, December 19) -- Government agencies shelled out more than P41.1 million (US$818 thousand) aid to families affected by Tropical Storm Urduja, which wracked Eastern Visayas since Saturday. The Department of Social Welfare and ...

Sen. Bam Aquino backs bill to protect military reservists
CNN Philippines - 2017-12-19
Metro Manila (CNN Philippines, December 20) -- Senator Bam Aquino is pushing for a bill to give reservists of the Armed Forces job security while serving the military. Senate Bill 1607, or the Reservist Employment Rights Act, was filed by Aquino on ...

Prepaid load expiry regardless of amount extended to one year from loading
CNN Philippines - 2017-12-19
"DTI is confident that our Micro, Small, and Medium Enterprises (MSMEs) will be able to do business more easily thanks to this circular, whether by making calls or sending an SMS to their customers, or by accessing the internet to conduct e-commerce ...

?9.36-billion Clark airport terminal expansion breaks ground
CNN Philippines - 2017-12-19
The Bases Conversion Development Authority (BCDA) which oversees the Clark International Airport said that they awarded the engineering, procurement, and construction deal for the Clark terminal to a joint venture of Megawide Construction Corporation and ...

Scientists Watch Black Hole Twins Collide, Gravitational Waves Ripple
International Business Times - 2017-12-19
Old stars that die violently can create more than one black hole as they magnificently collapse, and astrophysicists are getting a better idea of how that may happen. A team of scientists looked into the relationship between the birth of these black holes ...

AES Corp to Vend Philippines Business for $1.1 Billion
Yahoo Finance - 2017-12-19
The AES Corporation AES has recently inked a deal with SMC Global Power Holdings Corp., under which the company will divest its Philippines business to the later for $1.05 billion. The divestment is scheduled to be completed by the first half of 2018 ...

Japan debt rater keeps investment-grade score of the Philippines
BusinessWorld Online - 2017-12-19
Observers' initial shock last year from President Rodrigo R. Duterte's sudden distancing from the United States -- towards Beijing and the Kremilin -- has dissipated. A JAPAN-BASED debt watcher has affirmed its credit rating for the Philippines, with the ...

Voyager Innovations looks for partnerships
BusinessWorld Online - 2017-12-19
That means as you push, more cash are needed, to cover expenses," he told reporters. Voyager Innovations President and CEO Orlando B. Vea previously said the company is targeting emerging markets, particularly in Asia, where it sees a strong demand for ...

Business confidence rising in Asia amid integration prospects
BusinessWorld Online - 2017-12-19
BUSINESS OPTIMISM has hit a two-year high in Asia Pacific, reflecting a buoyant mood across the region that is largely driven by positive prospects for increased trade, P&A Grant Thornton said in a report. In the Philippines, the professional services firm ...

Inflation impact of tax reform expected to be muted
BusinessWorld Online - 2017-12-19
The building program seeks to substantially raise public spending on infrastructure, in the process improving connectivity and the ease of doing business in the Philippines while also fueling rapid economic growth. In turn, increased infrastructure ...

Battling climate change
BusinessWorld Online - 2017-12-19
For the Philippines, such a gathering must again highlight the call ... Obviously, the still worsening traffic situation in almost all urban centers uselessly burning away tons of fossil fuel, not to mention the dire public health implications.

Just heard it
BusinessWorld Online - 2017-12-19
In time, the conversation goes nowhere and the balloon loses its helium. The "heard mentality" is particularly fertile in business. While hype is frowned upon, hearsay is not covered by any rules, and can propound undocumented claims of how the pre ...

Building roads in Mindanao for peace and prosperity
BusinessWorld Online - 2017-12-19
"It is important to invest in critical infrastructure in Mindanao, an important gateway for trade and business in the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Greater Sulu Sulawesi Corridor," says Jeffrey ...

Tropical Depression "Vinta" enters Philippine territory; may become tropical storm
CNN Philippines - 2017-12-19
Metro Manila (CNN Philippines, December 20 ... has also urged the public to plan their holidays in line with official weather forecasts. "Let us celebrate the holiday season with precaution," said DILG officer-in-charge Catalino Cuy in a statement ...

No infrastructure funds for 24 opposition congressmen in 2018 budget
CNN Philippines - 2017-12-19
Metro Manila (CNN Philippines, December 20) -- Twenty-four congressmen critical of the administration were denied funds for their districts' infrastructure in the P3.77-billion national budget for 2018, an opposition lawmaker said Wednesday ...

Senator: Ensure budget for Bangsamoro law
CNN Philippines - 2017-12-19
Metro Manila (CNN Philippines, December 20) -- Lawmakers on Wednesday promised the passage of the proposed Bangsamoro Basic Law (BBL) in a plenary session by March 2018. But where will the money to implement it come from? Senator Loren Legarda ...

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