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Scandal-hit Wirecard says missing 1.9 billion euros likely 'gone'
philstar.com - 2020-06-22
Philippine banks were dragged into the issue when "spurious" bank documents showed the money was being held in local accounts.

Cleanfuel Extends Double Points Promo until June 30
Philippine Daily Inquirer - 2020-06-22
Leading Independent Oil Company Cleanfuel is extending its Double Points promo until June 30, 2020, as part of the VIP Loyalty rewards program designed for loyal customers. The extension of double

S. Korea, Singapore begin talks on digital trade deal
Philippine Daily Inquirer - 2020-06-22
South Korea and Singapore on Monday kicked off negotiations toward a digital trade deal, Seoul's trade ministry said. South Korean Trade Minister Yoo Myung-hee and her

1.3 million beneficiaries receive second tranche of SAP -- DSWD
CNN Philippines - 2020-06-22
The Department of Social Welfare and Development (DSWD) said over a million beneficiaries have already received the second wave of the government's social amelioration program (SAP).

COVID-19 cases among Filipinos abroad now 8,301
Philippine Daily Inquirer - 2020-06-22
The coronavirus cases among overseas Filipinos has reached  8,301 as the Department of Foreign Affairs (DFA) reported 2,160 new cases. According to the DFA, the new

Decades after losing Pasig to NCR, Rizal has new official capital
philstar.com - 2020-06-22
Roberto Puno (Antipolo City), principal author of the bill, previously said Pasig has not been part of Rizal province

Coronavirus outbreak in Beijing takes a bite out of F&B industry
Philippine Daily Inquirer - 2020-06-22
On any given weekend, Beijing's hottest coffee shop, Metal Hands, is usually heaving with coffee snobs and young people posing for the cameras amid its industrial

Para Sa Bagong Bukas: Globe myBusiness strengthens support for local SMEs to adapt to new normal
Philippine Daily Inquirer - 2020-06-22
While the term micro, small, and medium enterprises (MSMEs) may suggest that the industry is little in size, they play an important role in the Philippine economy. In 2019, the Department of Trade

Pandemic crimps inflow of long term investments into PH in Q1
Philippine Daily Inquirer - 2020-06-22
The amount of long term equity investments entering the Philippines from abroad declined in the first quarter, punctuated by a sharp slowdown in March, which the central bank

IATF considering entry of foreign workers despite flight restrictions - Roque
CNN Philippines - 2020-06-22
Metro Manila (CNN Philippines, June 22) - The Inter-Agency Task Force for the Management of Emerging Infectious Diseases is now considering the possibility of allowing the entry of foreign ...

Wearing of PPE suggested as task force studies guidelines for motorcycle backriding
CNN Philippines - 2020-06-22
Metro Manila (CNN Philippines, June 22)-- Some transport officials and road safety advocates are pushing for stricter health protocols for motorcycle riders-- should the government officially ...

FDC to tap capital markets
Philippine Daily Inquirer - 2020-06-22
Gotianun family-led conglomerate Filinvest Development Corp. (FDC) plans to return to the domestic or offshore bond market and is also considering to widen its public ownership to boost stock

Barangay captain, 2 others killed in island off Basilan
philstar.com - 2020-06-22
Umbong was initially rushed to the Rural Health Unit of Tabuan Lasa in Barangay Lanawan but died while undergoing treatment.

LGUs 'panicking' but no lapses found in Hatid Probinsya Program - Roque
CNN Philippines - 2020-06-22
Siguro nagpapanic lang ang ilang LGUs natin kasi dati wala silang COVID case. Pero wala naman pong problema maski magkaroon kayo ng COVID case eh,' President Rodrigo Duterte's spokesman says.

Airlines in Asia spread wings cautiously amid COVID-19
Philippine Daily Inquirer - 2020-06-22
While some countries have allowed more domestic flights to resume, plans on restarting international flights are still up in the air. Vietnam Airlines ready to resume international

T-bill rates inched up across the board ahead of BSP policy rate decision
Philippine Daily Inquirer - 2020-06-22
The government raised P20 billion from treasury bills on Monday even as rates inched up across-the-board while investors awaited the central bank decision on the policy

Remains of 353 OFWs in Saudi Arabia up for disposition
CNN Philippines - 2020-06-22
At least 353 remains of overseas Filipino workers who died of various causes in the Kingdom of Saudi Arabia are up for disposition, Philippine Ambassador Adnan Alonto bared Monday.

107 Filipinos in Saudi Arabia who died of COVID-19 to be buried there
Philippine Daily Inquirer - 2020-06-22
The remains of some 350 three Filipinos in Saudi Arabia are for disposition, but 107 of them who died of COVID-19 will be buried there,

FDA warns about harmful side effects of incorrect use of dexamethasone
CNN Philippines - 2020-06-22
The Food and Drug Administration warns about negative side effects of incorrectly taking the steroid pill dexamethasone, which has recently been touted to help patients recover from COVID-19.

Solon seeks removal of travel pass; says health clearance should suffice
Philippine Daily Inquirer - 2020-06-22
A Quezon City lawmaker on Monday called for the removal of the travel pass issued by the Philippine National Police, claiming that a health clearance issued by the Department

Asian shares mostly higher as US reports surging virus cases
Philippine Daily Inquirer - 2020-06-22
Shares were mostly higher Monday in Asia despite reports that the number of coronavirus cases in the U.S. and worldwide has surged sharply. Tokyo, Sydney and Shanghai

PH arranging cargo flight to bring home remains of 282 OFWs from Saudi -- Locsin
Philippine Daily Inquirer - 2020-06-22
The Philippine government is currently arranging a cargo flight that would bring home from the Kingdom of Saudi Arabia the remains of the nearly 300 Filipinos there, 50 of whom

Wirecard's missing money didn't enter Philippine financial system, central bank says
YAHOO! - 2020-06-22
None of the $2.1 billion missing from scandal-hit German payments firm Wirecard AG appears to have entered the Philippine financial system, the central bank said on Sunday. Bangko Sentral ng Pilipinas Governor Benjamin Diokno said in a statement the Southeast Asian country's biggest lenders,

AMLC ready to assist on Wirecard fund search
philstar.com - 2020-06-22
Currently, the central bank's investigation has centered on the falsified bank documents that made it appear that the money entered local banks.

Kanlaon Volcano emits steam; 136 earthquakes recorded
Philippine Daily Inquirer - 2020-06-22
MANILA, Philippines -- A total of 136 volcano-tectonic earthquakes have been recorded from the western flanks of Kanlaon Volcano in Negros Occidental in the last 24 hours as it

Reawakening cooking skills during lockdown
philstar.com - 2020-06-22
Back then, I had no choice but to cook for myself. Doing so was enjoyable, though, because the weather was pleasant and ingredients were readily available. When I returned to Manila, I always had ...

BPI suspends junior officer over fake document vetting Wirecard's money
CNN Philippines - 2020-06-22
The Bank of the Philippine Islands is investigating one of its assistant managers who may have been involved in the issuance of a fake document that vouched for the trust account of German firm Wirecard AG in the local lender.

China-EU virtual event takes place amid intense communication since start of COVID-19 pandemic
Philippine Daily Inquirer - 2020-06-22
European Union leaders' meeting is set to be held via videoconference on Monday, observers said the two major global players could use the first official meeting

Apple could switch to its own chips for Macs. Here's what that means
CNN Philippines - 2020-06-22
Apple may be gearing up for a big update under the hood of its computers that could result in several changes for its users.

Many Indian citizens believe their government is trying to steal and sell their data. Here's why
CNN Philippines - 2020-06-22
The Indian government maintains that most personal and location data of users is ultimately deleted, but critics say India's lack of data protection laws exposes millions of people to potential privacy breaches.

Sultan Kudarat bombing suspect arrested in Maguindanao
philstar.com - 2020-06-22
The police on Sunday arrested  a senior member of the Dawlah Islamiya implicated in two deadly bombings in Isulan, Sultan Kudarat in 2018.

Modern jeeps ply 15 Metro Manila routes amid GCQ
CNN Philippines - 2020-06-22
This is only the first part of the second phase of reopening public transport in Metro Manila. More routes are set to be opened within the week.

SSS pensioners: Stay home, no need for Acop
BusinessMirror - 2020-06-22
Angkas has asked the government for it to return to the ride-sharing business, but the Land Transportation Franchising and Regulatory Board (LTFRB) maintained that under the current laws ...

Coronavirus latest: Philippines seeks record budget for 2021
NIKKEI - 2020-06-21
The Nikkei Asian Review is tracking the spread ... with totals of 135,796 infections and 6,283 fatalities. 6:31 p.m. Philippines reports 1,150 new infections, a daily record high, bringing its ...

Kanlungan online memorial set up to honor fallen frontliners abroad
Philippine Daily Inquirer - 2020-06-21
When the new coronavirus disease spread to the United States earlier this year, Rosary Castro-Olega did not think twice about coming out of

US warns PH, allies vs Huawei over security issues
Philippine Daily Inquirer - 2020-06-21
As governments around the world reevaluate adoption of 5G networks being rolled out by Chinese tech giants due to security issues, the United States is enjoining its allies,

Wirecard's billions not in Philippines: Central bank
The Straits Times - 2020-06-21
MANILA/FRANKFURT o None of the US$2.1 billion (S$2.9 billion) missing from scandal-hit German payments firm Wirecard appears to have entered the Philippine financial system, the central bank said yesterday.

Bodies of dead OFWs in Saudi Arabia to be brought home except COVID-19 fatalities
Philippine Daily Inquirer - 2020-06-21
Malacañang on Sunday said the bodies of 232 overseas Filipino workers (OFWs) who died of various causes in Saudi Arabia would be flown back to the Philippines. But

BSP seen pausing rate cuts for now
Philippine Daily Inquirer - 2020-06-21
As inflation remains low and stable, the Bangko Sentral ng Pilipinas (BSP) is expected to keep interest rates unchanged when its policy-making Monetary Board meets on Thursday. "The governor of

Grameen Foundation, J.P. Morgan deliver COVID-19 relief in the Philippines
Philippine Daily Inquirer - 2020-06-21
Grameen Foundation has launched COVID-19 Relief (Response to Enhance Livelihoods of Individual Entrepreneurs and Families) in the Philippines. Supported by J.P. Morgan, the program will provide

RCBC seeks to raise P 3B via bond offering
Philippine Daily Inquirer - 2020-06-21
Yuchengco-led Rizal Commercial Banking Corp. plans to return to the local bond market as early as next month to raise at least P3 billion to help grow its loan book and diversify its funding

Market seen posting gains this week
Philippine Daily Inquirer - 2020-06-21
Local stocks may regain some ground this week after taking a breather from a dizzying run-up, but 6,500 is seen remaining as a key barrier, market experts said. Last week, the Philippine Stock

Lufthansa Group Launches Return Flight Guarantees For Passengers Affected By Coronavirus
Forbes - 2020-06-21
As passenger traffic continues to rebound after a collapse in demand due to the coronavirus, airlines around the world are experimenting with different incentives to coax travelers back into the skies.

Millions Of Huawei Users Suddenly Get This New Upgrade Surprise
Forbes - 2020-06-21
Huawei received a limited blacklist reprieve last week, with the news that the Trump administration will allow engagement with U.S. firms on 5G standards. But this is as nothing compared to the tightening of U.

Germany's coronavirus reproduction rate jumps above key containment level
Reuters - 2020-06-21
The coronavirus reproduction rate in Germany jumped to 2.88 on Sunday, up from 1.79 a day earlier, the Robert Koch Institute (RKI) for public health said, taking infections above the level needed to contain it over the longer term.

Florida to increase inspections of businesses as coronavirus cases surge
UPI.com - 2020-06-21
Florida Gov. Ron DeSantis pledged increase inspections of businesses such as bars, restaurants and hair salons as the state reported more than 4,000 new COVID-19 cases on Sunday.

Child advocate group hopes fathers raise sons to be gender-sensitive
Philippine Daily Inquirer - 2020-06-21
Save the Children Philippines, a child advocate group, hopes that Filipino fathers will raise their sons to be gender-sensitive and caring for various kinds of people. In

Unique Warship Is Still The Most Futuristic Looking Of Any Navy
Forbes - 2020-06-21
Its clean sharp lines, minimalist superstructure and absence of almost anything you normally associate with ships makes it arguably the most futuristic warship afloat. But Sweden's Visby class stealth ship is no white elephant.

MILF man hurt in clash with MNLF
philstar.com - 2020-06-21
A Moro Islamic Liberation Front guerrilla was wounded in an alleged encounter with members of the Moro National Liberation Front in Sultan Kudarat town in Maguindanao yesterday.

Philippines coal imports continue to rise
philstar.com - 2020-06-21
The Philippines continues to rely heavily on coal imports as it has consumed more imported coal than it produced last year, according to the Department of Energy.

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