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PLDT raises record $600 million bonds
philstar.com - 2020-06-17
Telecommunications giant PLDT Inc. has made a triumphant return to the international bond market after nearly two decades of absence as investors swarmed its dollar-denominated 10-year and 30-year dual-tranche offering.

Vivant taps Malaysia solar firm
philstar.com - 2020-06-17
The power unit of Vivant Corp. of the Cebu-based Garcia-Escano family has tapped a Malaysian solar firm to build its two solar projects. Vivant Energy Corp. awarded two engineering, procurement, construction and commissioning (EPC) contracts to Solarvest,

Index ends flat on mixed sentiments
philstar.com - 2020-06-17
The stock market closed virtually unchanged yesterday as investors weighed the optimistic cues from Wall St. against the International Monetary Fund warning of an unprecedented global economic crisis,

SEC red flags bitcoin firm
philstar.com - 2020-06-17
The Securities and Exchange Commission has warned against Bitcoin Revolution, which presents itself as a cryptocurrency trading program supposedly endorsed by government officials, businessmen and celebrities.

50-year cap only applies to single franchise grant, DOJ explains
CNN Philippines - 2020-06-17
The Department of Justice clarifies that Congress can grant a fresh single operating franchise to broadcast networks even though they have been operating for more than 50 years.

Zamora gives food packs to 45,000 families
philstar.com - 2020-06-17
San Juan Mayor Francis Zamora started yesterday the distribution of food packs to 45,000 families to mark its 13th cityhood anniversary.

2 Negros village execs shot dead
philstar.com - 2020-06-17
Two barangay officials on Negros island were shot dead in the past two days. Harrison Gonzales, 52, chairman of Barangay Poblacion in Dumaguete City, was manning a quarantine checkpoint when he was attacked.

Giving hope to MSMEs
philstar.com - 2020-06-17
An empowering Go Negosyo Mentor ME Online session last June 12 with women biz leaders Reese Fernandez-Ruiz (Rags2Riches), Marga Nograles (Kaayo Modern Mindanao), Nanette Medved-Po (Generation Hope Inc.

Isko locks down 3 Manila barangays
philstar.com - 2020-06-17
The Manila city government yesterday placed three barangays under 48-hour enhanced community quarantine or ECQ amid the spike in the number of coronavirus disease 2019 cases.

Quezon City cop tests positive for drugs
philstar.com - 2020-06-17
A Quezon City police officer was sacked from his post after he tested positive for drug use, the Philippine National Police said yesterday.

LTFRB eyes return of jeepneys by June 30
philstar.com - 2020-06-17
The Land Transportation Franchising and Regulatory Board (LTFRB) is eyeing the resumption of operations of public utility jeepneys or PUJs in Metro Manila by the end of the month.

BuCor virus count reaches 223
philstar.com - 2020-06-17
The number of inmates infected with the coronavirus disease 2019 or COVID-19 has climbed to 223, the Bureau of Corrections reported yesterday.

Boracay quarantine breach: Hotel closed, BFP chief axed
philstar.com - 2020-06-17
The accreditation of a hotel in Boracay where a Bureau of Fire Protection employee who tested positive for the coronavirus disease 2019 or COVID-19 stayed has been revoked.

3 areas in Taguig under 2-week ECQ
philstar.com - 2020-06-17
The Taguig City government has placed three areas in Barangay Lower Bicutan under the stricter enhanced community quarantine or ECQ amid the clustering of coronavirus disease 2019 cases.

Makatizens told: Pay taxes through online banking, GCash
philstar.com - 2020-06-17
MANILA, Philippines -- Makati has launched an online payment portal where business owners and residents can pay business and real property taxes for the second quarter of the year, Mayor Abby Binay announced yesterday. "This process ensures that ...

NCMH now free of COVID-19 cases
CNN Philippines - 2020-06-17
As of noon on Wednesday, June 17, all 3,200 patients and 2,435 staff of NCMH are free from COVID-19," Cortez said in a press release. The virus infected 86 employees and 41 patients in the facility located in Mandaluyong City.

PNP confirms 25 new COVID-19 cases among ranks, bringing total to 440
CNN Philippines - 2020-06-17
The Philippine National Police confirms 25 new COVID-19 cases among its ranks, bringing the total to 440. Seventeen more cops recover from the virus and the number of deaths remains at seven.

Norway says its salmon not source of Beijing virus outbreak
Philippine Daily Inquirer - 2020-06-17
Norway said Wednesday that its salmon was not the source of the recently discovered outbreak of the new coronavirus in Beijing, after many Chinese restaurants and retailers stopped selling imports

The retail recovery looks extremely vulnerable. Here's why
CNN Philippines - 2020-06-17
Even as Florida, Texas and Arizona have set daily records for new coronavirus cases this week, investors received a dose of good news: US retail sales surged 17.7% in May, far more than economists had predicted and a record increase.

Adidas employees want company to investigate HR chief for response to racial issues
CNN Philippines - 2020-06-17
A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a broader effort to push the company to take additional actions to address racial inequality within its ranks.

PLDT raises $600M in fully online roadshow
Philippine Daily Inquirer - 2020-06-17
PLDT Inc. roared back into the international bond market after almost two decades, raising $600 million following a fully-online investment roadshow amid the novel coronavirus (COVID-19)

HNP expels Davao del Sur councilor from political party due to illegal drugs arrest
CNN Philippines - 2020-06-17
HNP chair and Davao City mayor Sara Duterte says the municipal councilor arrested during a shabu session has been removed from the political party.

Philippines moves up a notch in global competitiveness index
philstar.com - 2020-06-17
The Philippines moved up a notch to 45th place out of 63 economies in the 2020 International Institute of Management World Competitiveness Yearbook, but still lagged behind most of its peers in Asia Pacific.

11 of 15 worst-hit baragays here: City back to ECQ
philstar.com - 2020-06-17
CEBU, Philippines -- The Inter-Agency Task Force for Emerging Infectious Diseases (IATF-EID) on Monday reverted Cebu City to the stricter enhanced community quarantine (ECQ) status effective June ...

Gov't allays fears of police abuse, red tagging with Anti-Terrorism Bill
CNN Philippines - 2020-06-17
Metro Manila (CNN Philippines, June 17) -- Officials allayed worries that the Anti-Terrorism Bill will give undue power to the same law enforcers who are accused of violating human rights and red ...

50-year cap applies to individual franchise granted, not cumulative - DOJ exec
Philippine Daily Inquirer - 2020-06-17
MANILA, Philippines -- The Department of Justice (DOJ) on Wednesday said the cap on franchises issued by Congress applies to individual franchises and that broadcast networks are allowed to apply for

Eduardo Cojuangco, Philippine Tycoon and Marcos Ally, Dies at 85
New York Times - 2020-06-17
A cousin of one president and a friend to others, the chairman of the San Miguel Corporation built up a billion-dollar fortune with the help of his political ties.

DILG chief relieves fire chief in Western Visayas over breach of quarantine protocols by a staffer
CNN Philippines - 2020-06-17
Interior Secretary Eduardo Año has relieved the regional director of the Bureau of Fire Protection in Region 6, after the reported breach of quarantine protocols by one of its personnel.

More areas in Manila, Muntinlupa, Taguig placed under lockdown
CNN Philippines - 2020-06-17
Metro Manila cities Manila, Muntinlupa, and Taguig place more areas under lockdown amid increasing number of COVID-19 cases.

DOJ compound on COVID-19 lockdown until June 29
philstar.com - 2020-06-17
Justice Secretary Menardo Guevarra said he "ordered a lockdown on the DOJ main building, the new [National Prosecution Service] building, and the annex building near the Court of Appeals."

Cash-rich banks yet to tap liquidity buffers, says BSP
philstar.com - 2020-06-17
Big banks have yet to dip into their capital and liquidity buffers to absorb losses and support financing requirements amid the coronavirus disease 2019 or COVID-19 pandemic, according to the Bangko Sentral ng Pilipinas.

DOJ submits review of proposed anti-terrorism bill to Office of the President
CNN Philippines - 2020-06-17
The DOJ was requested to review and submit comments on the new anti-terrorism bill to the Office of the President, with the deadline set on June 17. "We have scrutinized the enrolled bill line by line and analyzed the substance of each provision in relation to the whole,

Rise in teen pregnancies likely during COVID-19 pandemic, warns Gatchalian
Philippine Daily Inquirer - 2020-06-17
Senator Sherwin Gatchalian on Wednesday warned of a possible increase in teen pregnancies in the Philippines during the coronavirus pandemic and force teenage girls out of

Korean Peninsula returns to era of confrontation
Philippine Daily Inquirer - 2020-06-17
Relations between the two Koreas have abruptly hit their worst point in more than 20 years, as the North blew up a joint liaison office on Tuesday. There have been ups and downs in

Infrastructure outlay buoyed by rush in building quarantine sites
philstar.com - 2020-06-17
Construction of quarantine facilities for coronavirus patients fueled government spending on infrastructure in April, although it was not enough to push the year-to-date outlays up.

Guevarra orders lockdown of DOJ buildings as 5 employees test positive for COVID-19
CNN Philippines - 2020-06-17
Three buildings occupied by the Department of Justice in Manila will be closed for almost two weeks after five employees tested positive for the coronavirus, Secretary Menardo Guevarra says.

COVID-19 cases in the Philippines surpass 27,000
CNN Philippines - 2020-06-17
The number of coronavirus-infected patients in the country surpasses 27,000 as the Department of Health reports 457 new cases.

DFA: 56 new COVID-19 cases, 24 more deaths among Filipinos abroad
Philippine Daily Inquirer - 2020-06-17
MANILA, Philippines -- Fifty-six new coronavirus cases among overseas Filipinos were reported by the Department of Foreign Affairs (DFA), with 10 new recoveries and 24 new deaths. Data released by

Delay in UHC implementation a step in the wrong direction, says Drilon
Philippine Daily Inquirer - 2020-06-17
Senator Franklin has expressed his objection to the plan by the Philippine Health Insurance Corporation (PhilHealth) to postpone the implementation of the Universal Health Care

Virus-induced foreign borrowings breach $7 billion
philstar.com - 2020-06-17
The government has increasingly turned to loans and grants as revenues dwindled and with the current pandemic messing with budget plans crafted and approved before the outbreak struck.

DOF: $450 million to be disbursed for 4Ps by July
Philippine Daily Inquirer - 2020-06-17
The Pantawid Pamilyang Pilipino Program (4Ps) will be infused with a fresh $450 million (about P22.5 billion) in funds to continue providing cash grants to poor families for

North Korea seeks crisis to force concessions -- analysts
Philippine Daily Inquirer - 2020-06-17
North Korea's spectacular destruction of its liaison office with the South is part of a series of staged provocations aimed at forcing concessions from Seoul and Washington, analysts

13,000 locally-stranded individuals in Luzon await transport to Visayas, Mindanao
CNN Philippines - 2020-06-17
Malacañang said there were thousands of people stranded in Luzon waiting for transportation so they could go back to their provinces.

Enrile attends House hearing on ABS-CBN franchise
Philippine Daily Inquirer - 2020-06-17
Heeding congressmen's call, former Senate President Juan Ponce Enrile attended Wednesday's hearing on media giant ABS-CBN's bid for a 25-year

ARC Refreshment Corp. advocates urban gardening program
Philippine Daily Inquirer - 2020-06-17
ARC Refreshments Corporation, Inc (ARC) has been at the forefront of corporate social responsibility endeavors since 2012. Its programs foster leadership among youth and providing community

PLDT back offshore with $600-M debt offer amid pandemic
philstar.com - 2020-06-17
This is the first time in 18 years that the telco giant is borrowing in the foreign debt market. Proceeds will be used to pay existing debts.

BIR insists POGOs should pay franchise tax
CNN Philippines - 2020-06-17
The Bureau of Internal Revenue maintains that Philippine offshore gaming operators must pay franchise tax, rejecting opposition from the gaming firms' lawyers.

Leachon no longer special adviser to COVID-19 national task force
CNN Philippines - 2020-06-17
Dr. Tony Leachon announced on Wednesday he is no longer a Special Adviser to the National Task Force on COVID-19. He served as the special adviser of National Task Force Against COVID-19 Chief Implementer Secretary Carlito Galvez Jr.

29 workers in Marikina public market caught COVID-19, mayor says
CNN Philippines - 2020-06-17
Twenty nine workers in the Marikina public market caught the coronavirus disease, which led to enforcement of stricter health protocols in the area, Mayor Marcy Teodoro said Wednesday.

African countries are still waiting for a surge in COVID-19 cases. Some public health experts question whether it will happen
CNN Philippines - 2020-06-17
CDC Africa and WHO officials say that the warnings were important. Very little was, and still is, known about Covid-19 and nations needed to urgently prepare. But nearly five months on, across Africa,

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