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  • 3 months OFW remittance up 7.2% to $2.9B in July Manilatimes |Biz
    MONEY sent home by overseas Filipino workers (OFWs) surged in July, data from the Bangko Sentral ng Pilipinas (BSP) showed on Monday. In a statement, the BSP said personal remittances — comprised of OFWs’ net compensation; personal transfers (cash or in-kind); and capital transfers between households — reached $2.9 billion in the month, 7.2 percent higher than the $2.7 billion a year ago.
     A woman shows dollar bills inside a money changer in Manila. PHOTO BY J. GERARD SEGUIAFrom January to July, personal remittances touched $19.1 billion, up by 3.6 percent from $18.5 billion in 2018.
    “The ... more
  • 3 months PH, Chinese firms sign $1.1-B deals Manilatimes |Biz
    Filipino and Chinese companies on Monday signed business agreements worth $1.1 billion. The agreements were signed during the Philippines-China (Chongqing) Trade and Investment Forum at the Conrad Hotel in Pasay City. Signed during the event were the $21.7-million trading contract between PT Sokonindo Automobile and QSJ Motors Phils. Inc.; $21.1-million trading contract between Chongqing Loncin Import & Export Co. Ltd., and Yingang Motorcycle (Philippines) Ltd. Inc.; $30-million trading contract between Qingling Motors Co. Ltd. and Kingling Motors Philippines Inc.; and the $30-million trading contract between Chongqing Lifan Industry (Group) Import and Export Co. Ltd. and Mitsukoshi Motors Phils. Inc.
    ... more
  • 3 months POGOs dominate office demand Manilatimes |Biz
    The Philippine offshore gaming operators (POGOs) industry has dominated the country’s office demand in the first nine months of the year despite political headwinds facing the sector, Leechiu Property Consultants (LPC) said on Monday. At a press briefing, LPC President David Leechiu said POGOs took up 386,000 square meters (sqm) in the period. It was the first time the information technology and business process management (IT-BPM) was overtaken as it only recorded 355,000 sqm.
    In the last few weeks, the official noted, the sector has gone “ballistic” on Cambodia’s move to shut down its online gaming industry, following ... more
  • 3 months PSEi flat on Saudi drone attack Manilatimes |Biz
    The local bourse ended flat on Monday as market sentiment was dragged by news about a drone attack on oil processing facilities in Saudi Arabia over the weekend. The benchmark Philippine Stock Exchange index (PSEi) inched up by 0.06 percent or merely 4.58 points to finish at 7,996.90 while the wider All Shares were slightly up 0.002 percent or 0.08 point to end at 4,823.05. “Local shares closed flat following the news of drone attack on Saudi oil assets over the weekend,” Regina Capital Development Corp. head of sales Luis Limlingan said.
    The oil facilities in Abqaiq and ... more
  • 3 months Power supply deficit seen Manilatimes |Biz
    ONCE the Malampaya gas field goes offline in October, the Manila Electric Co. (Meralco) is seeing a power supply deficit of almost a thousand megawatts (MW) within its franchise area, its official said. In an interview on Monday, Meralco President and Chief Executive Officer Ray Espinosa said the power distributor is expecting a supply shortfall of 600 MW to 900 MW within the first week. He also mentioned that several power plants will have their scheduled maintenance.
    “We have alerted the [Department of Energy] DoE already that there are scheduled outages already in October, as early as the ... more
  • 3 months More areas eyed for small-scale mining Manilatimes |Biz
    THE Department of Environment and Natural Resources (DENR) said it was seeks to declare six additional “Minahang Bayan” for use by small-scale miners in order to have them legalized and regulated. “We have moved forward and progressed. There are already 29 Minahang Bayan and we’re doing fast. We have endorsed six more to the Office of the Secretary for clearance,” said DENR Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano at the sidelines of the recently-held Mining Philippines 2019 International Conference and Exhibition in Pasay City. The Minahang Bayan Law was one of the provisions of Executive Order (EO) 79 ... more
  • 3 months Enough with the ‘emergency powers’ already Manilatimes |Biz
    BEN KRITZBACK on September 5, Transportation Secretary Arthur Tugade made what can be assumed to be the administration’s request to Congress for “emergency powers” to be granted to President Rodrigo Duterte in order that he can “solve” the traffic gridlock that has crippled Metro Manila. This is at least the third or fourth time the idea of “emergency powers” has been floated, and though it hardly seems possible, it makes even less sense now than it did before. It has not been lost on some observers that for the Transportation Secretary to openly admit, during budget hearings for his ... more
  • 3 months Govt vows to boost Mindanao potential Manilatimes |Biz
    AGRICULTURE Secretary William Dar has vowed to further develop the agriculture industry in Mindanao as it continues to be a stable source of export quality commodities. His commitment was made during his speech at the Hijo Central Development Launch in Tagum City, Davao del Norte, over the weekend. Under his leadership, Dar said the Department of Agriculture (DA) will be implementing projects and programs to fully develop the potentials of Mindanao as the country’s food basket.
    “We will work with the legislative body towards industrialization and mechanization of agriculture, and see that the vision is realized. It is ... more
  • 3 months Dito-AFP deal defended Manilatimes |Biz
    Third telco player Dito Telecommunity defended its deal with the Armed Forces of the Philippines (AFP) after the Palace questioned the agreement allowing the former to build facilities in military camps. Adel Tamano, Dito Telecommunity chief administrative officer, said the new carrier would comply with the government’s requirement to stop suspicions on potential security risks. He said the firm, backed by Davao-based businessman Dennis Uy and China Telecommunications, was aware that the deal still needs to secure the approval of Defense Secretary Delfin Lorenzana.
    “It is important for the public to know that this agreement is similar to ... more
  • 3 months Ask dumb questions, get dumb answers Manilatimes |Biz
    REY ELBOMANY of us fall into the ignorance trap. In our desire not to be tagged as incompetent, we give answers that intend to solve a perceived problem. Is it normal? Is it normal when we give answers based on experience, education and, sometimes, mistakes of other people or organizations? It may be normal, but is it rational? Albert Einstein said he “never made his discoveries out of rational thinking.” That’s to say, we’ve to go beyond what’s normal and rational to come up with the best answers to our problems. The trouble is we are often drowned with ... more
  • 3 months Spain had biggest heart – Rubio Manilatimes |Sports
    BEIJING: Basketball World Cup MVP Ricky Rubio paid emotional tribute to his late mother and his “family” of teammates after a ruthless Spain saw off Argentina to win the title on Sunday night. The 28-year-old Phoenix Suns point guard was once more instrumental for the Spaniards who brushed aside Argentina 95-75 in the final in Beijing. He had a team-best 20 points and was named Most Valuable Player of the competition.
    It is Spain’s second World Cup title. “We made history and we are really proud of that. We had a great tournament,” said Rubio, who averaged 16.4 ... more
  • 3 months Stags seek share of No. 2 vs Altas Manilatimes |Sports
    Streaking San Sebastian College-Recoletos eyes a share of the second spot as it takes on University of Perpetual Help System DALTA today in Season 95 National Collegiate Athletic Association (NCAA) seniors basketball tournament at the FilOil Flying V Centre in San Juan City. The Golden Stags (7-3) lock horns with Altas (3-7) at 12 p.m., before Mapua University (4-6) and Jose Rizal University (4-7) go for back-to-back victories against skidding squads College of St. Benilde (6-4) at 2 p.m. and Arellano University (2-9) at 4p.m., respectively. San Sebastian seized a fifth straight win after smothering St. Benilde, 83-67, behind Allyn ... more
  • 3 months ‘Dupe farmers, lose license’ Manilatimes
    Region 2 millers warned vs underpricing palay CABATUAN, Isabela: A rice millers’ group in Cagayan Valley (Region 2) has warned its members of license cancellation once they are found taking advantage of “issues” surrounding the Rice Tariffication Law (RTL) and buying palay (unmilled rice) at a very low price to the detriment of local farmers. Ernesto Subia, Rice Millers Association (RMA-Region 2) president, said they have coordinated with mayors in the different municipalities in the region to cancel licenses of those who are “duping local farmers instead of paying the correct price of their [farmers’] palay harvests.”
    Subia ... more
  • 3 months Popularity of NBA in China seems to create endless options Manilatimes |Sports
    BEIJING: Kobe Bryant went to China for the first time in 1998, making the trip to Beijing to help operate an instructional basketball clinic for about a dozen kids. The local coaches working with him didn’t know a lot about the game. Barely anyone noticed that an NBA player was in town. Basketball wasn’t a big deal in China. And then everything changed very quickly.
    Former NBA player Kobe Bryant AFP FILE PHOTOThe footprint of the NBA has grown at an extremely rapid pace over the last two decades in China, where more than 500 million people ... more
  • 3 months Lessons from China Manilatimes |Sports
    CONRAD M. CARIÑOIt is unfair to totally blame the Gilas Pilipinas team sent to China to represent the country in the 2019 FIBA World Cup for its horrible showing, getting massacred in its first two games against Serbia and Italy, and coming home winless. For one, the cage team only had less than a month to train and, as some quarters contend, there were better players who deserved to be in the team. But there was something wrong in the way the Filipinos played, of which one of the most obvious is the lack of outside shooting especially from ... more
  • 3 months US ‘locked and loaded’ after Saudi attacks Manilatimes |World
    WASHINGTON, D.C.: President Donald Trump said on Sunday (Monday in Manila) the US is “locked and loaded” to respond to attacks on Saudi oil infrastructure that Washington blamed on Iran, which have sent oil prices soaring. It is the first time the president has hinted at a potential American military response to the drone attacks, which slashed Saudi oil production by half and led both the kingdom and the United States to announce they may tap their strategic reserves. “Saudi Arabia oil supply was attacked. There is reason to believe that we know the culprit, are locked and loaded depending ... more
  • 3 months Mojdeh banners MOS in BEST swim challenge Manilatimes |Sports
    Susan Papa Swim Academy standout Behrouz Mohammad Mojdeh copped five gold medals to lead the Most Outstanding Swimmer (MOS) awardees in Class C of the 2nd BEST Swimming Challenge held at the Ouan’s The Farm Resort in Lucena City, Quezon. Mojdeh, fresh from campaign in the 2019 SSC Midget Meet in Singapore, collected 50 points to win the MOS award in the boys’ 8-year division of the tournament organized by the Behrouz Elite Swimming Team (BEST) and Swimming Pinas, and supported by The Manila Times and Behrouz Persian Cuisine.
    The Most Outstanding Swimmer awardees headed by Behrouz Mohammad Mojdeh ... more
  • 3 months Smuggled Vietnam rice intercepted in Negros Manilatimes
    BACOLOD CITY: Two trucks carrying Vietnam rice from Cebu declared as animal feed were intercepted by the Philippine Coast Guard (PCG) sub-station in Barcelona Port, Barangay Old Poblacion, Escalante City in Negros Occidental on Sunday afternoon. Lt. Commander Rockcliff Buling, Philippine Coast Guard-Negros Occidental station chief, said the vehicles carrying a total of 600 sacks of imported rice were stopped by PCG personnel during a routine inspection of roll-on/roll-off ships plying the Cebu-Escalante City route. It was discovered that the shipment was declared as animal feed in the manifesto and it has no required Customs declaration, Buling said.
    ... more
  • 3 months Saudi to restore a third of lost oil output Manilatimes |World
    RIYADH: Saudi Arabia, the world’s top oil exporter, is expected to restore on Monday at least a third of the production lost to weekend attacks on two major oil facilities, according to experts and reports. The Saturday strikes on national energy giant Aramco’s Abqaiq processing plant and Khurais oil field knocked 5.7 million barrels per day (bpd) off production, over half of the OPEC kingpin’s output, sending shockwaves through markets. Saudi Energy Minister Prince Abdulaziz bin Salman said on Sunday the kingdom would use its vast inventories to partially compensate for the lost production, and the US also authorised the ... more
  • 3 months Lobby group: No-deal Brexit a ‘disaster’ Manilatimes |World
    BRUSSELS: A shock exit by Britain from the European Union (EU) without an agreement would be “a disaster,” the European employers’ organisation, Business Europe, warned on Monday. One of the EU’s most powerful lobbies, Business Europe issued the warning just hours before British Prime Minister Boris Johnson is scheduled to meet European Commission President Jean-Claude Juncker in Luxembourg. Both sides are under intense pressure to mend fences just a month and a half before the Britain’s scheduled departure on October 31.
    But Johnson, unlike his predecessor Theresa May, has said he is determined that the United Kingdom will ... more
  • 3 months Valenzuela shines in London cycling tilt Manilatimes |Sports
    Filipino cyclist Irish Valenzuela made a successful debut in endurance professional racing by powering Sarto Endurance team to a record victory at the Brands Hatch Circuit powered by Revolve 24 in London, England. The Sarto team of Valenzuela, Sven Verbrugghe of Belgium, and and Dutchmen Coen Van Kleef and Bas Bosma ruled the Male-4 rider Category and the overall category in the Cycling Relays 24-hour racing with a new track record of 232 laps over the 3.5 kilometer circuit.
    Irish Valenzuela CONTRIBUTED PHOTOIn the four-rider event, Sarto finished much ahead of Team Debden Badgers of England,0 which posted 224 ... more
  • 3 months US steps up efforts vs China’s rise Manilatimes |World
    WASHINGTON, D.C.: Maritime operations, missile tests, landing exercises: The Pentagon has been sharply stepping up its efforts to counter China’s growing military power, seen increasingly as a threat. On Friday (Saturday in Manila), an American warship approached the Paracel Islands, an island chain claimed by Beijing in the South China Sea (West Philippine Sea), to affirm international “freedom of navigation” in the region. The USS Wayne E. Meyer, a guided-missile destroyer, passed near the islands to contest Beijing’s sweeping claims to the seas around the archipelago, which is also claimed by Taiwan and Vietnam.
    The Chinese claim would ... more
  • 3 months Swine carcass found floating in Malolos river Manilatimes
    Another swine carcass was found floating in the Malolos River system in Barangay Bulihan in the City of Malolos on Sunday afternoon. The animal was chopped with and its foul smell catching the attention of residents in the area. Barangay Chairman Crisanto de Jesus ordered the turnover of the carcass to the city veterinary personnel for proper disposal.
    On Friday, at least 10 dead piglets were found floating in a creek in Barangay Tikay also in the city and neither the cause of their death nor the identities of their owners are known. Malolos Mayor Gilbert Gatchalian has ... more
  • 3 months Davao Tigers strike back, blast GenSan Manilatimes |Sports
    After absorbing a rare close game defeat, Davao Occidental Cocolife Tigers vented their ire on GenSan Warriors, 84-75, in the Maharlika Pilipinas Basketball League (MPBL) Lakan Cup south division elimination at the Olivarez College Gym in Parañaque City. The Tigers unleashed a scorching run-gun defense in the early going behind starters Mark Yee, Chester Saldua and Billy Robles to post a double digit lead, 31-19, minutes before halftime. Tigers’ second units Ivan Ludovice and Marco Balagtas’ perimeter shooting coupled by Joseph Terso and Emman Calo’s rainbow sniping posted their biggest lead at 52-31, halfway in the third canto.
    ... more
  • 3 months Niemann wins first PGA Tour by six shots Manilatimes |Sports
    LOS ANGELES: Joaquin Niemann fired a closing round of 64 on Sunday (Monday in Manila) to capture The Greenbrier by six strokes and become the first Chilean to win on the US PGA Tour. The 20-year-old Niemann roared home with three straight birdies on his final three holes, capping it off with a 25-foot bomb on 18 at the Old White TPC course in Sulphur Springs, West Virginia. He is the youngest non-American winner on the Tour since 1923 and the first third round leader to hold on and claim this event.
    Niemann was overcome with emotion while ... more
  • 3 months Subic workers swell to 135K Manilatimes
    SUBIC BAY FREEPORT: Citing a steady growth in investments in the first six months of this year, the Subic Bay Metropolitan Authority (SBMA) said the number of workers here has increased to 135,000. Figures released by the SBMA showed a slight increase in employment from 133,940 from January to June 2018 to 135,000 over the same period last year. The figure achieved in the first six months of the year was a shade lower than the 135,690 total employment figure for 2018.
    “By the end of this year, we are confident that we would again break this 2018 ... more
  • 3 months Japan reels from powerful typhoon Manilatimes |World
    TOKYO: Almost 80,000 homes are still without power a week after a powerful typhoon battered eastern Japan, authorities said Monday, with sustained heavy rain prompting evacuation orders and hampering recovery efforts. Typhoon Faxai powered into the Tokyo region in the early hours of Monday last week, packing record winds that brought down power lines, disrupted Rugby World Cup preparations and prompted the government to order tens of thousands of people to leave their homes. The storm killed two people, with at least three elderly later confirmed dead due to heatstroke as temperatures soared to above 35 degrees Celsius (95 degrees ... more
  • 3 months Israel faces potential deadlock in a closely contested vote Manilatimes |World
    JERUSALEM: Israel is headed toward an unprecedented repeat election on Tuesday with no guarantee that the do-over vote will produce a more decisive result than the inconclusive one last April. The Israeli electorate is deeply divided along religious, ethnic and ideological lines and the fragmented parliamentary system makes coalition building a tricky business. In April, Prime Minister Benjamin Netanyahu seemed to have a clear path to power with his right-wing Likud and its traditional Jewish ultra-Orthodox and nationalist allies securing a majority in the 120-seat parliament. But when Avigdor Lieberman’s hard-line Yisrael Beitenu party objected to the religious parties’ excessive ... more
  • 3 months Garcia claims first win at Dutch Open Manilatimes |Sports
    AMSTERDAM: Sergio Garcia sealed his first victory of the season on Sunday (Monday in Manila) by beating Danish teenager Nicolai Hojgaard by one shot to win the Dutch Open in Amsterdam. The 18-year-old Hojgaard put the pressure on Garcia by carding a four-under-par final round of 68 to set a clubhouse lead of 17-under. But the experienced Spaniard recovered from a 17th-hole bogey by safely parring the last to sign for a 69 and an 18-under total.
    “I played well all week under pressure,” said world number 43 Garcia. “It wasn’t easy, there were a couple of tough ... more
  • 3 months BARMM creates own regional flag Manilatimes
    COTABATO CITY: The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) produced recently its own regional flag to distinctly show its own identity outside the red-white-blue Philippine national flag, a top Muslim Mindanao government official said. BARMM Chief Minister Ahod “Murad” Ebrahim announced that the first copy of the flag was initially flown at the BARMM executive building in this city even as its other versions will eventually be distributed and flown later in its several areas of coverage, namely Lanao del Sur, Maguindanao, Basilan, Tawi-Tawi, Marawi City (Lanao del Sur), Lamitan City (Basilan) and some municipalities of North Cotabato. Lanao ... more
  • 3 months Forecasters warn of US coast rip currents caused by Humberto Manilatimes |World
    MIAMI: Beachgoers on the southeastern U.S. coast should be wary of potentially dangerous rip currents caused by Hurricane Humberto, the National Hurricane Center said on Sunday (Monday in Manila). On late Sunday, Humberto strengthened to a Category 1 hurricane. By early Monday, the storm had maximum sustained winds of 85 mph (137 kph). The storm was about 760 miles (1,223 kilometers) west of Bermuda and moving northeast at 5 mph (8 kph). The US National Hurricane Center said Humberto will bring large swells to the northwestern Bahamas and southeastern US coast for several days. The National Weather Service issued advisories ... more
  • 3 months Wildcard Pettersen seals Solheim Cup for Europe Manilatimes |Sports
    GLENEAGLES, US: Europe regained the Solheim Cup with a thrilling 14.5-13.5 victory over the United States on Sunday (Monday in Manila) at Gleneagles with Norwegian wildcard Suzann Pettersen sinking the winning putt. A controversial pick, Pettersen made a birdie on the 18th in the last match on the course to defeat Marina Alex one-up in a dramatic finale in the event’s closest-ever finish.
    Europe’s team captain Catriona Matthew celebrates with the trophy after the singles on the third day of The Solheim Cup golf tournament at Gleneagles in Scotland. AFP PHOTOIt was a first defeat for US Captain Juli ... more
  • 3 months Ouster of Bangued mayor stays Manilatimes
    The ouster from office of the mayor of Bangued, Abra, and the suspension of the town’s vice mayor stay as a result of the failure of the 5th Division of the Court of Appeals (CA) to issue a temporary restraining order (TRO) against the two officials from continuing to occupy their posts. The Office of the Ombudsman had ordered the dismissal from the service of Bangued Mayor Dominic Valera and the suspension of Vice Mayor Mila Acosta-Valera. Valera and several others were ordered removed for allegedly allowing and approving the award of the contract of printing service to a company ... more
  • 3 months Lawyers seek testimony for US woman charged with aiding IS Manilatimes |World
    HAMMOND, Indiana: Attorneys for an Indiana woman accused of providing support to the Islamic State (IS) group received a judge’s approval to seek depositions from three Yazidis who were taken as slaves by her husband, who she says died while fighting for IS. A federal judge in Hammond gave Samantha Elhassani’s lawyers permission Tuesday to seek depositions from the two Yazidi women and a young Yazidi boy in hopes of bolstering her defense, the Post-Tribune reported. One of the women and the boy are in the Kurdish-controlled city of Erbil, Iraq, and the other woman lives nearby. Elhassani has argued ... more
  • 3 months Man nabbed for selling fake TESDA certification Manilatimes
    IPIL, Zamboanga Sibugay: Joint operatives of the Ipil Municipal Police Station (MPS) and the Army’s 12th military intelligence company arrested a 45-year-old man for the crime of falsification of public documents during an entrapment at the outskirts of Barangay Tirso Babiera in this capital town. A flash report received by Police Provincial Office chief Col. Gerry Protacio identified the suspect as Ricky Calunsag Esteves, subject of complaints from a provincial officer of the Technical Skills and Development Authority (Tesda) regarding the sale of fake Tesda accreditation by unscrupulous persons. Protacio said Cpl. Alvin Planas, acting as police undercover, was able ... more
  • 3 months Solomons mulls China diplomatic switch Manilatimes |World
    HONIARA: China looks poised to gain an ally in the strategic Pacific region this month as a new Solomon Islands leadership sours on decades of “useless” diplomatic ties to Taiwan. While no final decision has been announced on whether to switch allegiance, Solomons Prime Minister Manasseh Sogavare gave a brutal assessment of 36 years of ties to Taipei in what he beleived were confidential remarks to an Australian academic. “To be honest, when it comes to economics and politics, Taiwan is completely useless to us,” Sogavare told the Australian National University’s Graeme Smith in an interview aired in a podcast ... more
  • 3 months Malacañang oks creation of more Tabuk villages  Manilatimes
    TABUK CITY, Kalinga: President Rodrigo Duterte recently signed into law two bills authored by Rep. Alen Jesse Mangaoang that created two additional barangay (villages) in the component city. Republic Act (RA) 11343 created Barangay Ipil while RA 11344 created Barangay Bulanao Norte. Under both bills, Barangay Ipil and Barngay Bulanao Norte shall be entitled to Internal Revenue Allotment (IRA) pursuant to Section 285 of RA 7160 or the “Local Government Code” as amended. The two laws stated that the plebiscite conducted and supervised by the Commission on Elections (Comelec) on Dec. 21, 2002 in Barangay Bulanao pursuant to Ordinance 2002-02, ... more
  • 3 months HK folk hit riots, support Beijing Manilatimes |World
    HONG KONG: Hundreds of residents gathered at the Amoy Plaza in Kowloon on Saturday despite a heat wave and sang China’s national anthem to show their support to a teacher beaten by protesters for singing the song days ago. The rally started at about 3 p.m. when the residents waved China’s national flag and sang together before chanting “Police, keep it up!” On the evening of Wednesday, a primary school teacher, identified only as Lee, walked into the Amoy Plaza with three kids. Disagreeing with the protesters, he sang the Chinese national anthem. The infuriated black-clad men punched him in ... more
  • 3 months China bans planes, drones for anniversary rehearsals Manilatimes |World
    BEIJING: China has banned flying kites, drones and captive pigeons over central Beijing for more than two weeks as it prepares for a military parade and other celebrations to mark the 70th anniversary of Communist Party rule on October 1. Flying activities that affect flight safety are prohibited in seven of the capital city’s 16 districts from September 15 to October 1, according to a notice posted Sunday on the Beijing municipal government’s website. The banned activities also include flying balloons and lanterns.
    Military planes flew over the parade route Sunday as China held rehearsals for the second ... more
  • 3 months Singapore complains of dirty, unhealthy air Manilatimes |World
    SINGAPORE: Pollution from forest fires in Indonesia pushed Singapore’s air quality to unhealthy levels for the first time in three years on Saturday, the government said, a week ahead of the Formula One night race in the city. The toxic smoke caused by burning to clear land for plantations is an annual problem for Indonesia’s neighbors, but has been worsened this year by particularly dry weather. “There has been a deterioration in the haze conditions in Singapore this afternoon,” the National Environment Agency (NEA) said in a statement.
    “This was due to a confluence of winds over the ... more
  • 3 months Brexit with deal done – Johnson Manilatimes |World
    LONDON: Prime Minister Boris Johnson said Saturday (Sunday in Manila) that Britain’s departure from the European Union (EU) will have a proper deal with EU, thus a Brexit with deal is almost completely done. After announcing the major breakthrough, he compared Britain to the ‘’Incredible Hulk’’ cartoon character. “It’s going to take a lot of work between now and October 17” when EU leaders gather for their final summit before Britain’s scheduled exit from the bloc, he told the Mail on Sunday newspaper.
    “But I’m going to go to that summit and I’m going to get a deal, ... more
  • 3 months PH external debt up in Q2 Manilatimes |Biz
    THE country’s outstanding external debt totaled $81.25 billion as of the second quarter of 2019, up from end-March and a year earlier, data from the Bangko Sentral ng Pilipinas (BSP) showed over the weekend. It was $828 million more than the $80.43 billion recorded three months earlier, largely attributed to the $1.2 billion foreign investments to the government’s offshore debt paper issuance and $405 million positive foreign exchange (FX) revaluation adjustments. “Net repayments amounting to $650 million and prior periods’ adjustments of $133 million partially offset the uptick in the debt stock,” BSP Governor Benjamin Diokno was quoted in a ... more
  • 3 months Popovich defends team as US lands 7th at World Cup Manilatimes |Sports
    BEIJING: Their final game at the World Cup had been over for several minutes, and every member of the US team and coaching staff were still lingering together on the court. They were ready to go home. They just weren’t ready to go their separate ways.
    For US Basketball, summer ended on Saturday with an 87-74 win over Poland in the seventh-place game at the World Cup, the lowest finish ever by a U.S. team in a major international tournament. Donovan Mitchell finished with 16 points and 10 assists, Joe Harris scored 14 and the U.S. wrapped up ... more
  • 3 months Construction of US-Mexico border starts Manilatimes |World
    YUMA, Ariz.: On a dirt road past rows of date trees, just feet from a dry section of Colorado River, a small construction crew is putting up a towering border wall that the government hopes will reduce — for good — the flow of immigrants who cross the US-Mexico border illegally. Cicadas buzz and heavy equipment rumbles and beeps before it lowers 30-foot-tall (9-meter-tall) sections of fence into the dirt. “Ahí está!” — “There it is!” — a Spanish-speaking member of the crew says as the men straighten the sections into the ground.
    BORDERLINE People look through the finshed ... more
  • 3 months Govt redeems P1.09-B debt in July Manilatimes |Biz
    The national government has redeemed P1.09 billion in debt in July, according to the Bureau of the Treasury (BTr). Data released by the BTr over the weekend showed the amount was a reversal of the P44.39 billion gross borrowings in the same month last year. A net redemption of debt means a repayment of government’s domestic loan.
    During the month, the government posted a net redemption of P4.30 billion from domestic debt. A year earlier, it borrowed a gross of P21.32 billion. A net redemption of P44.30 billion from treasury bills offset the P40 billion borrowed through the ... more
  • 3 months Hunting for an Olympic medal Manilatimes |Sports
    MONICO PUENTEVELLAStarting today, 10 of our national weightlifters will join the world’s best in the International Weightlifting Federation (IWF) World Cup in Pattaya, Thailand for the whole week from September 17 to 28. Accompanying the weightlifters are their two mentors, former Olympian and Cebu coach Ramon Solis and Zamboanga’s Greg Colonia. And I shall also represent the country in the IWF Congress tomorrow, September 17, as Honorary President of the Asian Weightlifting Federation. This will be the gateway for these athletes, six women and four men, to hopefully make it to the 2020 Tokyo Olympics and likewise, to the ... more
  • 3 months Hero ball Manilatimes |Sports
    MICHAEL ANGELO B. ASIS“Negosyo o kalayaan? Bayan o sarili? Pumili ka?”- Heneral Luna The players have moved on, donning the uniforms of their respective mother teams that are their bread and butter. The coaches have also returned to their respective benches, setting aside their scouting reports for the other national teams and getting back to their PBA playbooks. Coach Yeng Guiao has just been as gracious as one could be in this situation. He’ll return to his post as the head coach of NLEX, with a newly-trained Kiefer Ravena by his side. NLEX is one of three teams controlled ... more
  • 3 months PSEi to test 8,000 mark Manilatimes |Biz
    The local bourse may try to breach the 8,000 level anew this week as market sentiment is seen to be buoyed by the Bangko Sentral ng Pilipinas (BSP) possibly cutting key overnight borrowing rates. “On the early part of the week, the local market could rally pass the 8,000 level fueled by the rate cut hints of the BSP,” Philstocks Financial Inc. research associate Japhet Tantiangco said. Last week, it was reported that BSP might be easing monetary policies on the next meeting scheduled on September 26 amid decreasing inflation.
    This was backed by analysts who claimed that ... more
  • 3 months SAfrica apologizes for brutal killings Manilatimes |World
    HARARE: South African President Cyril Ramaphosa said his country is working hard to end xenophobic attacks being perpetrated by South Africans on foreign nationals. Speaking at the state funeral for the late former leader of Zimbabwe Robert Mugabe in Harare, Ramaphosa said South Africans were not xenophobic and apologized to Zimbabweans and Africans for the bout of the xenophobic violence which has left over 12 people — including two Zimbabweans — dead and hundreds displaced. “In the past two weeks we as South Africans have been going through a challenging period. We have had acts of violence erupting in some ... more
  • 3 months Tigers shred Bulldogs in overtime Manilatimes |Sports
    Rhenz Abando delivered in crunch time to tow University of Sto. Tomas (UST) to an 84-74 overtime win over National University (NU) in Season 82 University Athletic Association of the Philippines (UAAP) men’s basketball tournament on Saturday at the Mall of Asia Arena in Pasay City. Rookie forward Abando scattered 13 of his 21 points in the fourth quarter and overtime, leading the Tigers to a bounce back win after a 70-71 loss to Ateneo De Manila University last Wednesday. UST stayed at No. 2 with a 3-1 record.
    “This time, the players’ decisions were better. We were ... more
  • 3 months SEC upbeat on new commissioner Manilatimes |Biz
    The Securities and Exchange Commission (SEC) is upbeat on its new commissioner who it described as “a lawyer with extensive experience in government affairs and public policy.” In a statement over the weekend, SEC Chairperson Emilio Aquino said the agency was “looking forward to work with Commissioner [Karlo] Bello in our unrelenting thrust to enable the corporate sector deepen the capital market and protect the investing public toward a more progressive Philippines.” Bello took his oath of office on August 27 this year. He was appointed by President Duterte on August 13.
    Prior his SEC stint, Bello was ... more
  • 3 months Churchill’s gold toilet stolen Manilatimes |World
    LONDON: A unique solid gold toilet that was part of an art exhibit was stolen early Saturday (Sunday in Manila) from a magnificent home in England, where British wartime leader Winston Churchill was born. The toilet, valued at roughly 1 million pounds ($1.25 million), was the work of Italian artist Maurizio Cattelan. It had been installed only two days earlier at Blenheim Palace, west of London, after previously being shown to appreciative audiences at the Guggenheim Museum in New York. Police said the toilet was taken early Saturday by thieves who used at least two vehicles.
    This ... more
  • 3 months No Japan exhibition match with Floyd – Gibbons Manilatimes |Sports
    The camp of Manny Pacquiao denied there is a plan for an exhibition match between the fighting senator and his archrival Floyd Mayweather Jr. in Japan. “No idea what that is. I am not sure what is happening,” international matchmaker and Manny Pacquiao Promotion President Sean Gibbons told The Manila Times on Sunday via online interview when asked to comment on Mayweather’s latest Instagram posts.
    Manny Pacquiao displays his ripped physique. PHOTO BY WENDELL ALINEA“What I’m working on right now is the Mayweather-Pacquiao exhibition right here in Tokyo, Japan. Stay tuned,” said Mayweather Jr. in an Instagram video post.
    more
  • 3 months Italy now accepts migrants Manilatimes |World
    ROME: Italy on Saturday (Sunday in Manila) allowed rescue ship Ocean Viking to disembark 82 migrants on Lampedusa, in a reversal of the hardline policy under the country’s ex-Interior minister Matteo Salvini. Far-right leader Salvini was forced out of office last month after bringing the government down, and the new coalition has been trying to forge its own migrant stance. It is the first time in 14 months that Italy has given a migrant rescue ship a safe port, although it took Rome six days and European guarantees to redistribute the migrants before it did so.
    The migrants ... more
  • 3 months BARMM to ease return to govt of ex-BIFF rebels Manilatimes
    COTABATO CITY: Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) officials gave assurances to help return to mainstream society former Bangsamoro Islamic Freedom Fighters (BIFF) gunmen. Army Major Gen. Diosdado Carreon, commander of the 6th Infantry Division (6th ID,) on Sunday said at least 14 members of an Islamic State-inspired group have started reintegrating into civilian life with the help of the military and the Bangsamoro government. Alimudin Malang and his 13 followers in the BIFF who had operated in the fashion of the Islamic State of Iraq and Syria (ISIS or IS) on Thursday turned over their firearms to Local ... more
  • 3 months Mermac owns 296.626-M AC common shares Manilatimes |Biz
    EMETERIO SD. PEREZManila Water Co. (MWC) posted on Sept. 9, 2019 an amended general information sheet (GIS) on the website of the Philippine Stock Exchange (PSE).It listed in its GIS 7.1 billion shares as authorized capital stock (ACS) of which Filipinos and foreigners combined for ownership of 2,064,839,617 common shares, or 22.082 percent, of ACS. In its GIS, Manila Water divided said ACS into 3.1 billion common shares with par value of P1 each and 4 billion preferred shares with much lower par value of 10 centavos each. The company computed the total at P3.5 billion. As of date ... more
  • 3 months PEZA investment pledges expand 7% in Jan-Aug Manilatimes |Biz
    Investment pledges registered by the Philippine Economic Zone Authority (PEZA) grew by 7.90 percent to P83.52 billion in January to August from P77.40 billion last year on the back of higher investments from local firms. PEZA data showed the number of projects during the period reached 374 from last year’s 351. Projected number of employment, however, went down by 9.68 percent to 58,032 from 64,253.
    Off the total amount of investment pledges during the period, P49.42 billion were from local firms, up by 34.38 percent from the P36.77 billion in the same period last year. But investment pledges ... more
  • 3 months Hurricane hampers Bahamas’ relief drive Manilatimes |World
    Tropical Storm “Humberto” lashed the Bahamas with rain and wind on Saturday (Sunday in Manila), possibly slowing down relief efforts in the wake of the devastation wrought less than two weeks ago by Hurricane “Dorian.” The US National Hurricane Center (NHC) said the center of the storm, packing maximum sustained winds of 80 kilometers per hour, was passing Saturday evening about 90 kilometers north of Great Abaco Island, one of the areas hardest hit by Dorian. Humberto was moving away from the Bahamas on a path taking it well off the east coast of Florida this weekend and early next ... more
  • 3 months Economic reform in motion Manilatimes |Biz
    FREDERICK SUAZOWith the immediate passage of bills amending the Foreign Investment Act of 1991 and the remaining packages of the Comprehensive Tax Reform Program (CTRP), the government’s economic reform agenda is now set in motion. The current administration has identified the following bills as priority measures that need immediate action from the House. Amendment of Foreign Investment Act The House of Representatives approved House Bill (HB) 300, principally authored by Rep. Victor A. Yap, in the final reading. This measure proposes to amend sections 4 and 8 of Republic Act 7042.
    The bill seeks to allow foreign ... more
  • 3 months Alaska police ignore rape reports Manilatimes |World
    NOME, Alaska: There’s not much that scares Susie. As an Alaska Native woman, she thrives amid sub-zero winters in her village near the Arctic Circle, and camps with her family each summer at the Bering Sea, catching, drying and smoking salmon to put away for winter. But Susie is afraid to return to Nome. The man who raped her, she says, is still there. “Just scares me, and I’m scared to see him, and thinking what he might do,” she says. “But I’m not scared in the village, or any other villages, because I know he won’t come. “But Nome ... more
  • 3 months Dula emerges MOS in Pampanga meet Manilatimes |Sports
    Masville National High School-Parañaque student Marc Bryan Dula displays his medals during the awarding ceremony of the 2019 Pampanga Friendship Meet. CONTRIBUTED PHOTOPhilippine Swimming League (PSL) ace tanker Marc Bryan Dula won five gold medals to claim the Most Outstanding Swimmer (MOS) award in the 2019 Pampanga Friendship Meet held in San Fernando City, Pampanga. The Masville National High School-Parañaque student collected 15 points to earn the top honors in the boys’ 12-year category. Dula, a veteran of international competitions, started his bid with a gold medal in the 100m Individual Medley where he registered one minute and 9.91 ... more
  • 3 months Sandigan rejects Ampatuan’s motion Manilatimes
    The Sandiganbayan Fourth Division has denied a motion for reconsideration filed by former Maguindanao governor Sajid Ampatuan, who was convicted of graft and malversation in connection with the release of P38 million from public funds and purchases of construction materials from a “non-existing entity.” In a 14-page resolution promulgated last September 4, the court denied the motion filed by Ampatuan and the motion for partial reconsideration of Datu Ali Abpi Al Haj, then-provincial budget officer and then-Bids and Awards Committee member, for lack of merit. The resolution said Ampatuan himself had admitted that the public funds had been released to ... more
  • 3 months Common mistakes investors make Manilatimes |Biz
    CHRISTOPHER CERVANTES, RFPMy good friend keeps on telling me he wants to invest but never started it until now. He thinks he still needs more time to fully understand the market and all the jargon investors are using during the usual conversation. I asked him to attend some seminars and read some books, which he did, but it didn’t prod him to invest. If you believe that entering the market requires a perfect investor, you will never be able to start investing. Investors had blunders when they were starting and they may be having them until now. But there ... more
  • 3 months Baguio eyes digital leap Manilatimes
    BAGUIO CITY: Mayor Benjamin Magalong has ordered an assessment and evaluation of the local government’s internet connectivity to be undertaken by a third party to ascertain the aspects that need improvement for a projected digital transformation in the city. The mayor wants the Local Zoning Board of Adjustments and Appeals to meet and decide on possibly granting exemptions to telecommunication towers in the different parts of the city to improve the telecom providers’ signals and services by providing higher Internet speeds for users, especially those living in the outskirts of the city. He admitted having personally talked to Smart Telecommunications ... more
  • 3 months Chile’s Niemann takes two-shot lead at The Greenbrier Manilatimes |Sports
    WASHINGTON: Joaquin Niemann carded a two-under par 68 on Saturday (Sunday in Manila) and to take a two-shot lead at The Greenbrier, where the 20-year-old Chilean is chasing his first US PGA Tour title. Niemann had three birdies and his first bogey of the week to emerge with a 15-under par total of 195 on the Old White TPC in White Sulphur Springs, West Virginia. He was two shots clear of Americans Richy Werenski, Nate Lashley and Robby Shelton. Werenski and Lashley both posted 65s while Shelton carded an even-par 70.
    It was a further stroke back to ... more
  • 3 months Boutier, Hall fightback sets up Solheim Cup cliffhanger Manilatimes |Sports
    GLENEAGLES, United Kingdom: Celine Boutier and Georgia Hall were the European heroines on Saturday (Sunday in Manila) as Europe desperately clung on to the hope of regaining the Solheim Cup at Gleneagles. After a punishing series of fourballs in blustery, cold weather, the Americans emerged as 2.5-1.5 winners to leave the score tied at 8-8 going into Sunday’s final 12 singles. As holders, the US team needs to win six of the matches to claim the trophy for the third year in a row.
    With all four matches going to the final two holes, fortunes swung to and ... more
  • 3 months Phinma shares up on Phinma Energy’s PSA Manilatimes |Biz
    Phinma Corp.’s shares appeared to have appreciated on news that Phinma Energy Corp. signed a power supply agreement (PSA) with Manila Electric Co. last week. On September 13, 2019, Phinma Energy inked a deal with Meralco to supply 200 megawatts (MW) with an all-in headline rate of P4.745 per kilowatt hour (kWh) and computed all-in levelized cost of energy of P4.8849 per kWh. The 200-MW deal was part of the total 1,200-MW supply agreement. The rest was awarded to San Miguel Energy Corp. (330 MW) and South Premiere Power Corp. (670 MW).
    Subject to Energy Regulatory Commission’s approval, ... more
  • 3 months Camarines gov’s camp defend, laud SC ruling Manilatimes
    The camp of Camarines Norte Gov. Edgardo Tallado has defended and lauded a ruling of the Supreme Court (SC) en banc that declared Tallado as the legitimate local chief executive of the province. Last Tuesday, the high court en banc with a vote of 8 against 6, ruled to junk a decision of the Commission on Elections (Comelec) disqualifying Tallado to run in the May 13, 2019 gubernatorial polls. This allowed him to seek his “fourth term” after he failed to complete his “three full terms” because of his dismissal by the Office of the Ombudsman.
    George Erwin ... more
  • 3 months Saints, Engineers eye semis entry Manilatimes |Sports
    BRT Sumisip Basilan-St. Clare College and Technological Institute of the Philippines (TIP) eye semifinals entry when they face their respective foes today in the 2019 Philippine Basketball Association Developmental League (PBA D-League) Foundation Cup at the Paco Arena in Manila City. Both armed with a twice-to-beat advantage, the Group B top-seeded Saints take on Hyperwash at 1:30 p.m. while the Engineers battle Black Mamba at 3:30 p.m. BRT Sumisip-St. Clare’s sweep of the six-game eliminations was concluded with a 129-72 rout of Hyperwash last August 1.
    But veteran coach Stevenson Tiu cautioned the Saints on what await them ... more
  • 3 months Firm explores more infra projects Manilatimes |Biz
    ABOITIZ InfraCapital, Inc. (AIC), the infrastructure arm of Aboitiz Equity Ventures Inc. remains keen in joining the government’s massive “Build, Build, Build” program, an executive said. AIC Chief Operating Officer Cosette V. Canilao said the company continues to explore potential projects outside airport developments and common tower ventures. “Yes, of course. We’re always on the lookout for opportunities to be a major player in the infra field,” she told reporters last week.
    She refused to disclose details of the projects, including the specific sector AIC wants to enter, as they would be unsolicited proposals. Canilao also said the ... more
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