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  • 6 days Jaraula edges closer to crown, pads lead to 2 Manilatimes |Sports
    Reymon Jaraula recovered from an early backside stumble with a cluster of birdies then matched Jay Bayron’s pars at the finish to card a 69 and hike his lead to two in the third round of the P2.5 million ICTSI Pueblo de Oro Championship at the Pueblo Golf and Country Club in Cagayan de Oro on Friday. Having hurdled a pivotal round jinx that ruined his title bid at Wack Wack last week with a gutsy opening 34 and a gutsier rebound from a double-bogey on No. 11, Jaraula now moved 18 holes away from ending a long search for ... more
  • 6 days Delos Reyes, Ganzon rule Porac duathlon Manilatimes |Sports
    Duathlon standout Joey Delos Reyes and former national duathlon champion Alexandra Ganzon registered the fastest time records in their respective classes in the Alviera Bike King Duathlon held recently at Alviera in Porac, Pampanga. Delos Reyes, winner of the 2016 and 2017 editions of the Bike King Duathlon series, finished the long distance 6-kilometer run — 60km bike — and 4km run event in two hours, 13 minutes and 20 seconds to capture the Male 30-34 age-group title. A few minutes later, Male 25-29 entries Jarwyn Banatao and Cipriane John Topia crossed the finish line at 2:16:02 and 2:16:03, respectively. ... more
  • 6 days Paris, Nantes ban pesticides Manilatimes |World
    PARIS: Paris and four other French cities on Thursday (Friday in Manila) banned the use of synthetic pesticides within their boundaries, as an anti-chemicals movement that began in the countryside gains momentum. Lille in the north, Nantes in the west, Grenoble in the southeast and the central city of Clermont-Ferrand joined Paris in implementing the ban, citing the need to safeguard biodiversity and public health. The move is mainly symbolic given that the 2017 law already bans the use of synthetic pesticides in public parks and spaces. AFP ... more
  • 6 days Anti-cancer pizza wins spoof Nobel prize Manilatimes |World
    A study of whether pizza made and eaten in Italy wards off cancer and an inventor of a diaper-changing machine are among the winners of this year’s spoof Nobel prizes. Scientists who measured children’s saliva and those examining the pleasure of scratching an itch were also honored at the 29th annual Ig Nobel Prizes, which celebrate the sillier side of science. The awards were due to be handed out on Thursday at Harvard University in Cambridge, Massachusetts. AFP ... more
  • 1 week Over 90% of 2019 budget released Manilatimes |Biz
    NEARLY all of the P3.66 trillion in this year’s national budget has been released as of end-August, the Department of Budget and Management (DBM) reported on Thursday.
    Department of Budget and Management (DBM)In a statement, the Budget department said P3.34 trillion or 91.4 percent of the total budget — which it called its “obligation program” — had been released in the first eight months of the year. Of the total released in the period, P1.97 trillion was allotted to line departments, which include funds earmarked for agencies in the executive branch, Congress, the judiciary and other constitutional offices. The ... more
  • 1 week Auto sales down in Aug – industry groups Manilatimes |Biz
    SUPPLY problems caused automobile sales to fall in August from those posted a year ago, the Chamber of Automotive Manufacturers of the Philippines (Campi) and the Truck Manufacturers Association (TMA) said on Thursday. In a joint report, the two industry groups said 29,599 cars were sold last month, down 2.4 percent from 30,313 in the same month last year. Sales in the commercial vehicle (CV) segment, which accounted for 70.33 percent of the total, declined by 3.8 percent to 20,818 units from 21,635 year-on-year. In contrast, sales in the passenger car segment grew by 1.2 percent to 8,781 units ... more
  • 1 week Bourse dips as investors seek clarity Manilatimes |Biz
    TRADING ended lower on Thursday as investors remained cautious ahead of the monetary policy meetings of the European and American central banks. The benchmark Philippine Stock Exchange index (PSEi) dipped by 0.30 percent or 23.47 points to finish at 7,944.43, while the wider All Shares fell by 0.11 percent or 5.03 points to end at 4,799.79. “Local shares closed lower, with investors awaiting further clarity on central bank stimulus plans and international trade negotiations,” Regina Capital Development Corp. head of sales Luis Limlingan said.
    The European Central Bank was set to meet on Thursday, with observers and analysts ... more
  • 1 week BSP rules on OPS registration out Manilatimes |Biz
    RULES and regulations on the registration of payment systems operators have been released by the Bangko Sentral ng Pilipinas (BSP) to implement Republic Act (RA) 11127 or the “National Payment Systems Act.” These were compiled under Circular 1049, signed by BSP Deputy Governor and Officer in Charge Francisco Dakila Jr. on Monday and posted on the central bank’s website on Thursday. According to the Bangko Sentral, RA 11127 defines operators of payment systems (OPS) as those maintaining platforms that enable payments or fund transfers, regardless of whether the source and destination accounts are maintained with the same or different institutions.
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  • 1 week Who holds 4-B JGS voting preferred shares? Manilatimes |Biz
    EMETERIO SD. PEREZSale. On Aug. 22, 2019, Vikings Asia Agri Ventures B.V. sold 682.1 million common shares it owns in Agrinurture Inc. (ANI) at P13.642 each. The sale reduced Vikings’ ownership in the company to 110 million ANI common shares, or 10.80 percent, according to a “statement of changes in beneficial ownership of securities.” The ANI common shares Vikings sold represent 66.986 percent of 1,018,274,088 outstanding ANI common shares. When computed, Vikings still owns 10.803 percent in ANI. On Sept. 11, 2019, ANI common shares opened trading at P15.86, hit a high of P15.92, fell to a low of ... more
  • 1 week Talks on for Hanjin bailout Manilatimes |Biz
    Negotiations between creditor banks of the financially troubled Hanjin Heavy Industries and Construction Co. Philippines and a “particular entity” on a possible investment are expected to be finalized by next month, the Subic Bay Metropolitan Authority (SBMA) said on Thursday. “[A]s we speak they are now in what they call an exclusivity discussion with a particular entity already,” SBMA Chairman and Administrator Wilma T. Eisma said following the groundbreaking ceremony of Subic Freeport Expressway (SFEX) capacity expansion. The official refused to identify the involved party nor comment if it was a consortium. However, she noted the creditor banks were in ... more
  • 1 week US faces questions after World Cup flop Manilatimes |Sports
    BEIJING: Deprived of the likes of LeBron James and thrown together at the last minute, a young United States team always looked vulnerable at the Basketball World Cup — and so it proved. US Basketball’s long winning streak in major competitions stretching back to 2006 — which yielded three Olympic golds and two world titles — came to a juddering halt against France on Wednesday night. The 89-79 quarterfinal loss in China means the US will now have to play fellow fallen title favorites Serbia in a virtually meaningless classification game later Thursday.
    With the defending Olympic champions ... more
  • 1 week LeBron James backs ‘pro-student athlete’ bill Manilatimes |Sports
    LOS ANGELES: NBA superstar LeBron James took aim at the NCAA on Wednesday (Thursday in Manila) after the powerful governing body of US collegiate sports warned California’s governor against legislation that would allow student athletes to be paid for the use of their name or likeness. The California state legislature passed the bill on Wednesday and sent it to Governor Gavin Newsom. The NCAA had already urged Newsom not to sign it, calling it “unconstitutional” and “harmful” in a letter signed by NCAA President Mark Emmert and 21 other members of the board of governors.
    “If the bill ... more
  • 1 week Hong Kong can rebound, Lam assures investors Manilatimes |World
    HONG KONG: Hong Kong chief executive Carrie Lam reassured foreign investors on Wednesday that the Asian financial hub can rebound from months of protests, despite no sign that the unrest will subside. Lam told a forum on China’s Belt and Road infrastructure initiative that Hong Kong is grappling with the double whammy of the prolonged United States-China trade war and the unrest involving mostly young protesters seeking democratic reforms. Her promise last week to formally withdraw the extradition bill that sparked the demonstrations in June failed to mollify protesters, whose demands have expanded to include direct elections for the city’s ... more
  • 1 week Police speed up Espino ambush investigation Manilatimes
    SAN CARLOS CITY, Pangasinan: Authorities assured the public that the attempt on the life of former governor Amado Espino Jr. and his four bodyguards would be solved soon, citing an initial report of their on-going investigation. In a press briefing on Thursday, Pangasinan Police Director Col. Redrico Maranan, along with Region 1 Police Director Brig. General Joel Orduna, said the investigators were now tracking the owners of the two vehicles used in the ambush. Maranan believed this would lead to solving the case, once the owners cooperate and reveal the names of the persons who used their vehicles.
    ... more
  • 1 week Indonesia forest fires stoke global fears Manilatimes |World
    PEKANBARU, Indonesia: The number of blazes in Indonesia’s rainforests has jumped sharply, satellite data showed on Thursday, spreading smog across Southeast Asia and adding to concerns about the impact of increasing wildfire outbreaks worldwide on global warming. Illegal blazes to clear land for agricultural plantations have been raging on Sumatra and Borneo islands, with Indonesia deploying water-bombing helicopters and thousands of security forces to tackle them. It is just the latest such outbreak worldwide — huge blazes have torn through the Amazon in South America while bushfires are sweeping across eastern Australia in an unusually ferocious and early start to ... more
  • 1 week Worth the wait Manilatimes |Sports
    ED C. TOLENTINOIt is hard to believe that it took ninety-four years before the country hosted another world boxing title fight involving two Filipino boxers. The first All-Pinoy world title matchup in local soil took place in May 1925, when Pancho Villa defended his world flyweight title by outpointing countryman Clever Sencio before an overflow crowd at the Wallace Field (now Luneta), Manila. History was made last Saturday, when local boys Samuel Salva of Iligan City and Pedro Taduran of Libon, Albay battled it out in Taguig City for the vacant IBF minimumweight crown. A series of “fortunate” events, ... more
  • 1 week Online SSS transactions vowed Manilatimes |Biz
    State-run Social Security System (SSS) has vowed to improve its service to members by utilizing digital technology. “We’d like to make sure that through the digitalization of our core service deliveries, we will be able to provide faster, easier, and accessible services for our members,” SSS President and Chief Executive Officer Aurora Ignacio said during a press briefing on the sidelines of the pension fund’s 62nd anniversary celebration on Thursday. To make SSS transactions easy and accessible, Ignacio said the fund will further enhance its electronic service delivery through additional transactions that can be made online and expand payment channels ... more
  • 1 week Fruitsellers forego comfort for cash in Hanoi River Manilatimes |World
    HANOI: Card games and karaoke help migrant workers pass the time on the cramped houseboats of Hanoi’s Red River, swapping their privacy to eke out a living selling fruit for a few dollars a day. Temporary residents of these open-air boats have left the countryside in search of higher wages in the city. Life on a floating guesthouse can be tough. There is no electricity and no running water for the 40 US cents a night rent.
    Everyone sleeps on thin mats, exposed to the elements inside the open-sided boats, while privacy is non-existent with mosquito nets the ... more
  • 1 week Bulanadi tows Stags to 5th straight win Manilatimes |Sports
    Allyn Bulanadi notched a career-high 32 points to power San Sebastian College-Recoletos to a fifth straight win at the expense of College of St. Benilde (CSB), 83-67, in Season 95 National Collegiate Athletic Association (NCAA) seniors basketball tournament on Thursday at the FilOil Flying V Centre in San Juan City. The graduating forward Bulanadi fired 11-of-21 from the field highlighted by five triples as the Golden Stags improved their record to 7-3 record for a share of the third spot. “I just wanted to fulfill my role and repay the trust that my coaches are giving me,” said Bulanadi, who ... more
  • 1 week Jordan donates $1 million to Dorian relief Manilatimes |Sports
    LOS ANGELES: NBA legend Michael Jordan is donating $1 million to help relief efforts in the hurricane-battered Bahamas, his spokeswoman said Wednesday. In a statement on Twitter, Charlotte Hornets owner Jordan said he was “devastated” at the destruction unleashed by Hurricane Dorian on the Caribbean archipelago. At least 50 people have died and several thousand across the island nation have been evacuated.
    “I am devastated to see the destruction that Hurricane Dorian has brought to the Bahamas, where I own property and visit frequently,” Jordan said in a statement announcing his pledge.
    Michael Jordan AFP FILE PHOTO“My ... more
  • 1 week Tertulia, a social gathering on values Manilatimes |Biz
    BENEL D. LAGUAIn 1991, the Development Bank of the Philippines (DBP) was adjudged by the Personnel Management Association of the Philippines as “Employer of the Year”. That was almost 30 years ago. It happened a few years after the EDSA revolution, and after DBP was rehabilitated under the Aquino revolutionary government. In was in 1986 when former President Corazon Aquino issued a new charter for DBP, E.O. No. 81, that called for a clean up of DBP’s books, staff reorganization and budget allocation. The rehabilitation program restored the bank’s financial viability. DBP implemented an institutional strengthening program covering a ... more
  • 1 week Former Indonesian president Habibie, 83 Manilatimes |World
    JAKARTA: Former Indonesian president B.J. Habibie, who ushered in an era of democratic reforms after the downfall of long-time dictator Suharto, died on Wednesday at the age of 83 in Jakarta, his family and officials said. Habibie died in a military hospital in the capital after suffering from heart failure. In a televised speech announcing Habibie’s death, President Joko Widodo called the former aircraft engineer and politician a “world-class scientist” and “the father of Indonesian technology.”
    This file picture taken on Sept. 23, 2016 shows Indonesia’s former president B.J. Habibie gesturing during a speech in Jakarta. AFP ... more
  • 1 week CLI buys Cebu hotel, to add more rooms Manilatimes |Biz
    LISTED Cebu Landmasters Inc. (CLI) has acquired Abaca Resort Mactan on Mactan Island, Cebu province, with plans of expanding it beginning next year. In a disclosure on Thursday, the Cebu-based property developer said it was targeting to increase the luxury hotel’s room capacity to 100 from the current nine. The oceanfront property — which has a floor area of 4,328 square meters and located near the Mactan Cebu International Airport — would be closed for renovations in February. CLI Chairman and CEO Jose Soberano 3rd said the construction of the additional rooms would be completed by 2023.
    CLI ... more
  • 1 week High court upholds Tallado victory Manilatimes
    The Supreme Court en banc has declared Camarines Norte Gov. Edgardo Tallado as the legitimate local chief executive of the province. This after the high tribunal, voting 8 against 6, junked the decision of the Commission on Elections (Comelec) disqualifying him to run in the May 13, 2019 gubernatorial polls. The majority ruling was penned by Chief Justice Lucas Bersamin and was concurred in by Justices Diosdado Peralta, Alexander Gesmundo, Andres Reyes Jr., Jose Reyes, Amy Lazaro-Javier, Henry Inting and Rodil Zalameda.
    The dissenters were Associate Justices Francis Jardeleza, Antonio Carpio, Estella Perlas-Bernabe, Maria Victor Leonen, Alfredo Benjamin ... more
  • 1 week Trump vows to hit Taliban ‘harder’ Manilatimes |World
    NEW YORK CITY: President Donald Trump pledged to hit the Taliban “harder” than ever as America on Wednesday (Thursday in Manila) marked the 18th anniversary of the 9/11 attacks that led the country into war in Afghanistan. Trump’s remarks came after he aborted what would have been a historic Afghanistan peace summit, and as relatives remembered the victims of the deadliest terror attacks on US soil at ceremonies in New York and Washington. Trump spoke at a Pentagon event honoring the nearly 3,000 people killed in the attacks — announcing an unprecedented escalation of the military assault on the Taliban.
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  • 1 week Marinero cruises away with 1st semis berth Manilatimes |Sports
    Marinerong Pilipino, employing a balanced attack, routed AMA Online Education, 100-78, bagging the first semifinal spot in the 2019 Philippine Basketball Association Developmental League (PBA D-League) on Thursday at the Ynares Sports Arena in Pasig City. Six Skippers scored in double digits as they sailed to their maiden semifinal appearance since joining the D-League in 2017. “I’m very thankful to the team, first to the management for their support and second to the players for working hard on this,” said Marinero head coach Yong Garcia. The Skippers, a top-seeded team in Group A, remained unbeaten in seven games into the ... more
  • 1 week Aboitiz unit eyes raising VN plant capacity Manilatimes |Biz
    LISTED Aboitiz Power Corp. (AboitizPower) is looking to strengthen its presence in Vietnam’s power sector after acquiring an onshore wind power plant there, according to a top executive. On the sidelines of an Aboitiz Group event in Makati City on Wednesday night, AboitizPower Chief Operating Officer Emmanuel Rubio said the company might expand the capacity of the 39.4- megawatt (MW) facility in Vietnam’s Ninh Thuan province by at least 30 MW.
    His remarks come a month after its Singapore-based subsidiary AboitizPower International Pte. Ltd. signed an agreement to fully acquire Mekong Wind Pte. Ltd. from Armstrong Southeast Asia ... more
  • 1 week Vaping products face ban in US Manilatimes |World
    WASHINGTON D.C.: US President Donald Trump’s administration announced on Wednesday (Thursday in Manila) it would soon ban flavored e-cigarette products to stem a rising tide of youth users, following a spike in vaping-linked deaths. The move could later be extended to an outright prohibition of vaping if adolescents migrate to tobacco flavors, seen as more legitimate products that help smokers quit their habit. Addressing reporters at the White House, the president said that both he and First Lady Melania Trump were worried as parents of a teenage son about an outbreak of severe lung disease that has killed six people ... more
  • 1 week Top students clash in PPS Actifit Nat’l Open Manilatimes |Sports
    Patricia Velez and Melanie Dizon, and Jeremiah Macias 3rd and Elvin Geluz gear up for a three-weekend duel with the country’s leading and rising junior players in the PPS-PEPP Actifit National Students Open, which gets going today at the KCDA Actifit Sports Center in Valenzuela City. Velez, playing out of the University of the Philippines, and Ateneo’s Dizon head the 64-player draw in the ladies division while Macias of Perpetual Help and Lyceum’s Geluz banner the men’s side of the inaugural all-students tournament presented by MCF Global and backed by Kap. Eli Demafelis. Spicing up the women’s cast are Bliss ... more
  • 1 week Police nab two for ex-Bohol mayor’s murder Manilatimes
    CEBU CITY: Two of the seven suspects in the killing of former Bohol mayor Gisela Boniel, the wife of Bohol Provincial Board Member Niño Rey Boniel, in June 2017 were arrested by police in Lapu-Lapu City, Cebu on Thursday. Two of the suspects, who were included in the top 10 most wanted persons of the Police Regional Office in Central Visayas (PRO-7), were identified as Lobo Boniel, the top 4 most wanted in Central Visayas and Allan Delos Reyes, the top 5 most wanted in Central Visayas. Bohol Provincial Police Director Col. Jonathan Cabal said the arrest of the two ... more
  • 1 week Brown trains with Pats as rape probe begins Manilatimes |Sports
    LOS ANGELES: Antonio Brown practiced with his New England Patriots teammates for the first time on Wednesday (Thursday in Manila) as the NFL prepared an investigation into the rape allegations surrounding the star receiver. Brown, who was formally signed by the Patriots on Monday after his tumultuous exit from the Oakland Raiders, faces a new legal nightmare after being accused of rape in a lawsuit filed in federal court. Lawyers for the 31-year-old NFL star, who has denied the allegations, have vowed to countersue his accuser, describing the lawsuit as an extortion attempt.
    The Patriots issued a statement ... more
  • 1 week P1.57-B SFEx expansion to finish by Sept 2020 Manilatimes
    THE P1.57-billion capacity expansion of Subic Freeport Expressway (SFEx) is now in full swing to meet the September 2020 completion target, the top official of North Luzon Express Corp. said Thursday. “We are now expanding the Subic Freeport Expressway… because one of the key drivers of economic growth is a network of high-quality roads,” NLEX Corp. President and General Manager J. Luigi Bautista said in his speech at the groundbreaking ceremony of the project. The tollroad unit of Metro Pacific Tollways Corp. (MPTC) is constructing two additional expressway lanes, including a tunnel and two bridges in Jadjad and Argonaut.
    ... more
  • 1 week Brexit court ruling stirs food, medicine shortage fears Manilatimes |World
    EDINBURGH: British premier Boris Johnson faced calls on Thursday to reverse his suspension of parliament after a Scottish court ruled it illegal, as government documents warned a no-deal Brexit could lead to civil unrest and shortages of food and medicines. The Operation Yellowhammer documents, which the government was forced to release on Wednesday, revealed that preparedness for a no-deal Brexit remained “at a low level,” with logjams at Channel ports threatening to impact supplies. They also warned of “a rise in public disorder and community tensions” in such a scenario.
    The government stressed that it was “updating the ... more
  • 1 week Russian police raid dozens of opposition offices, homes Manilatimes |World
    MOSCOW: Russian police on Thursday raided dozens of offices of the opposition group behind mass protests this summer and the homes of its supporters, activists said. Leonid Volkov, a close aide to main opposition leader Alexei Navalny, said police searches were underway at more than 80 addresses in 29 cities. “This is not only offices and apartments of coordinators but also the homes of employees and volunteers,” Volkov said on Twitter. “These raids are an act of intimidation,” Navalny’s spokeswoman Kira Yarmysh said, accusing authorities of trying to deal a “massive blow” to the organization. The raids came after Russian ... more
  • 1 week McIlroy named PGA Tour player of the year Manilatimes |Sports
    MIAMI: Rory McIlroy was named the PGA Tour’s Player of the Year on Wednesday (Thursday in Manila), winning the prestigious Jack Nicklaus Award for the third time. Northern Ireland star McIlroy, who was also handed the accolade in 2012 and 2014, came out on top after a vote by fellow tour professionals. The 30-year-old beat out competition from Brooks Koepka, Matt Kuchar and Xander Schauffele for the award, which comes just weeks after his victory in the season-ending PGA Tour Championship.
    McIlroy, who was presented with the award on Wednesday by golf legend Nicklaus, said he was “at ... more
  • 1 week Top rookie Im eyes breakthrough victory Manilatimes |Sports
    WASHINGTON: South Korea’s Im Sung-jae will make a quick turnaround from his Rookie of the Year campaign when he tees it up Thursday (Friday in Manila) at The Greenbrier in the first event of the US PGA Tour’s 2019-20 season. The 21-year-old from Jeju learned Wednesday that he’d been voted Rookie of the Year after making 26 cuts in 35 starts. He posted seven top-10 finishes, including three top-fives, and was the only rookie to reach the Tour Championship. “Being the first South Korean player, and even the first Asian player, to receive the award is pretty special,” Im said ... more
  • 1 week BI arrests 7 Chinese for dredging activities Manilatimes
    THE Bureau of Immigration (BI) has arrested seven Chinese for working without proper visas and engaging in illegal sand-dredging activities in Masinloc, Zambales. The Chinese were arrested on Wednesday inside the vessels they were using in illegal sand dredging. Immigration Commissioner Jaime Morente on Thursday identified them as Chen Shiniu, Chen Shaoshao, Xu Xiansheng, Jiang Xin, Zhao Yihong, Gong Yaan and Xie Yuhong.
    “The subject arrested foreigners violated not only our Immigration Laws, but also the Philippine Mining Act of 1995 and Executive Order 292,” Morente said. “They are seriously threatening national security and interest by stealing our minerals ... more
  • 1 week US invokes regional defense treaty over Venezuela crisis Manilatimes |World
    WASHINGTON D.C.: The United States invoked a regional defense pact Wednesday with 10 other countries and Venezuela’s opposition after “bellicose” moves by Nicolas Maduro’s regime. A request to invoke the Inter-American Treaty of Reciprocal Assistance came from the Venezuelan opposition, said a statement from US Secretary of State Mike Pompeo, retweeted early Thursday by President Donald Trump. “Recent bellicose moves by the Venezuelan military to deploy along the border with Colombia as well as the presence of illegal armed groups and terrorist organizations in Venezuelan territory demonstrate that Nicolas Maduro not only poses a threat to the Venezuelan people, his ... more
  • 1 week Auditing firm clears Ceres’ Ex-CFO in P380-M fund mess Manilatimes
    BACOLOD CITY: Celina Yanson-Lopez, the former chief financial officer (CFO)of Vallacar Transit Inc., has been cleared by the legal counsel of Sycip, Gorres and Velayo (SGV), the country’s top auditing firm, on Wednesday of any liability over the alleged P380-million fund mess. In a letter to lawyer Sigfrid Fortun, senior partner of Fortun Narvasa & Salazar, and counsel of the Yanson Four namely, Roy, Ricky, Celina and Emily Yanson, the auditing firm through Poblador, Bautista and Reyes Law Office, cleared Celina of any liability on the controversy. SGV made the clarification after Leo Rey and the Yanson clan matriarch Olivia ... more
  • 1 week Cambodia, Laos agree to step up border demarcation effort Manilatimes |World
    PHNOM PENH, Cambodia: The leaders of Cambodia and Laos have agreed to step up efforts to complete demarcation of their border, where disputes have led to armed confrontations in recent years. Prime Minister Hun Sen and his visiting Lao counterpart, Thongloun Sisoulith, agreed in a statement Thursday to complete the process now that 86 percent of the border has been marked. The two countries are to add border pillars and produce a map of the borderline as party. Cambodia and Laos reportedly dispatched troops to the border region last month in a standoff over the disputed boundary. There was a ... more
  • 1 week DA region 2 clarifies low palay prices not from RTL Manilatimes
    CAUAYAN CITY, Isabela: The Department of Agriculture (DA) Cagayan Valley (Region 2) has clarified the reported low price of palay (unmilled rice) in Region 2 cannot be attributed to Republic Act 11203 or the “Rice Tarrification Law (RTL).” DA Region 2 Director Narciso Edillo said farmers in the Cagayan Valley have already been experiencing low price of palay even before the full implementation of RTL in November. “Based on our monitoring, the existing price among traders in the region is from P10 to P12.50 per kilo of freshly harvested palay and up to P16 per kilo of dried palay,” Edillo ... more
  • 1 week Police find another IED in Isulan Manilatimes
    COTABATO CITY: The town of Isulan in Sultan Kudarat stayed on heightened alert following the discovery of another improvised explosive device (IED) near the cadaver of a shooting victim Tuesday night. The Philippine National Police (PNP) and the Armed Forces of the Philippines (AFP) are digging into the recovered IED and its connection to the shooting of two men in Barangay Kenram in Isulan, Sultan Kudarat. Lt. Col. Modesto Carrera, newly designated police chief of Isulan, said the two men were seen sitting on a parked motorbike beside the highway in Purok Don Juan, Barangay Kenram when a riding in ... more
  • 1 week Baguio mulls protest case vs Cebu Pacific Manilatimes
    BAGUIO CITY: The city government is contemplating on filing a protest case against the management of Cebu Pacific for the inconvenience suffered by its athletes who missed their August 25 flight to Puerto Princesa, where the just concluded Batang Pinoy national championship was held. City Administrator Bonifacio dela Peña said he would meet with the city’s judo athletes and coaches to get the details of the incident, and he thanked the people who remedied their overnight stay in Metro Manila and made the purchase of expensive plane tickets the following day just to be able to catch up with the ... more
  • 1 week Woman, fruit vendor yield P13-M shabu Manilatimes
    CEBU CITY: Police arrested a woman and a fruit vendor who yielded more than P13 million worth of suspected shabu in separate buy-bust operations in Cebu City on Tuesday. Police identified the suspects as Ariane Ann Reyes, 27, of Sitio Galili in Barangay Duljo Fatima, Cebu City, and Marvin Makilang, 24, a fruit vendor of San Nicolas Public Market in Cebu City. The arrest of the two suspects was made possible by a joint operations of the Philippine National Police-Drug Enforcement Group, Special Operations Unit 5 in Central Visayas, Drug Enforcement Unit of the Cebu City Police Office, Philippine Drug ... more
  • 1 week Duterte hikes bounty for police killers Manilatimes
    PRESIDENT Rodrigo Duterte has raised the reward money anew to P7 million from P6 million for the capture of those behind the brutal killing of four police officers in Ayungon, Negros Oriental. Speaking with reporters in Malacañang on Tuesday night, Duterte expressed doubt that the mastermind behind the killing was already arrested. “Nasabi nila, ng Army, nahuli na daw. Sabi ko, hindi ako — 19 years old lang eh (The army said they arrested the leader already. I doubt. The guy’s only 19 years old),” the President said during a media interview.
    “Sabi ko hanapin mo ‘yan. May ... more
  • 1 week 27-kg hot meat seized in Bacolod City Manilatimes
    BACOLOD CITY: At least 27 kilograms (kg) worth of ‘hot meat’ were seized by members of the city’s Task Force Botagoy at the Burgos Public Market in Bacolod City, Tuesday. Task Force Botagoy head Edward Martin Pinaga said the seized pork products were imported and displayed at a butcher shop even though these were already emitting foul odor. Pinaga said since the meat products were imported, these should have been kept in the freezer to avoid spoilage.
    He added the seized meat products were brought to the city’s slaughterhouse in Barangay Handumanan and were immediately buried. Pinaga said ... more
  • 1 week Investment approvals up 126% from Jan to Aug Manilatimes |Biz
    INVESTMENT pledges approved by the Board of Investments (BoI) leaped by 126.1 percent to P609.04 billion in the first eight months of 2019 from P269.3 billion in the same period last year. In a statement on Wednesday, the BoI said domestic investments accounted for P404.5 billion of the total, while foreign investments worth P204.5 billion accounted for a third of it. Singapore remained the top source of investment pledges with P170 billion. The Netherlands followed with P9.2 billion; Thailand, P8.6 billion; Japan, P6 billion; and the United States, P2.4 billion.
    The number of jobs projected to be generated ... more
  • 1 week DoF budget secures House panel endorsement  Manilatimes |Biz
    THE Department of Finance (DoF) has secured the endorsement of the House Appropriations Committee for the congressional approval of its proposed P17.29-billion 2020 budget. In a statement on Wednesday, the Finance department said Sultan Kudarat Rep. Horacio Suansing, one of the panel’s senior vice chairmen, sponsored its budget before the House plenary. According to the DoF, Suansing cited the sound fiscal policies and reform measures implemented in the first three years of the Duterte administration. These include Republic Act 10963, or the Tax Reform for Acceleration and Inclusion Act (Train), which led to double-digit growth in tax collections; and a higher ... more
  • 1 week FDI pledges prove Citira is not fearsome – DoF Manilatimes |Biz
    THE high number of foreign investment pledges in the first half of the year proves that investors do not fear the proposed reduction of corporate income tax (CIT) and rationalization of incentives under the government’s Comprehensive Tax Reform Program (CTRP), a senior official of the Department of Finance (DoF) said. “Despite the persistent fear-mongering activities of certain groups, the international investment community continues to signal its confidence in the policies of the Duterte administration and in the strength of the Philippine economy and its workforce, as illustrated by the surge in FDI [foreign direct investment] pledges in the year’s first ... more
  • 1 week PSEi bounces back on GDP news Manilatimes |Biz
    THE stock market recovered on Wednesday after investors were encouraged by news that the Philippines is still expected to register economic growth of 6.1 percent for this year. The benchmark Philippine Stock Exchange index (PSEi) rose by 0.49 percent or 38.42 points to finish at 7,967.90, while the wider All Shares climbed by 0.38 percent or 18.37 points to end at 4,804.82. “The local market gained 0.48 percent…after Fitch [Ratings] maintained [its] 6.1-percent Philippine growth forecast” Philstocks Financial Inc. said in a market comment.
    In a report on Tuesday, the global credit ratings agency said it was keeping ... more
  • 1 week Proposed amendments to the Public Service Act of 1936 Manilatimes |Biz
    KATHLEEN GUIANGUnder the 1987 Philippine Constitution, the grant of franchise, certificate, or any other form of authorization for the operation of a public utility is limited to Filipino citizens and to entities at least 60 percent of whose capital is owned and controlled by Filipino citizens. The constitution, however, does not define the term “public utility.” Thus, in interpreting what services constitute public utility, reference has always been made to the definition of the term “public services” under our Public Service Act (PSA) or Commonwealth Act 146, a law passed way back in 1936. Public service under the PSA
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  • 1 week PEZA chief: Axe not pointed at me Manilatimes |Biz
    The chief of the Philippine Economic Zone Authority (PEZA) didn’t feel alluded to by President Duterte who recently warned of firing a female official in an economic agency for poor performance. “I don’t feel being alluded [to] by his statement, PEZA Director General Charito Plaza said in a briefing on Wednesday in Bonifacio Global City. Unfazed by Duterte’s hint, Plaza said, “I will express our opinion in the Citira (Corporate Income Tax and Incentive Rationalization Act) because it is my moral duty and legal responsibility to speak up.”
    Plaza has been very vocal in her push to exempt ... more
  • 1 week Amendments to FINL to boost investments Manilatimes |Biz
    The Joint Foreign Chambers (JFC) on Wednesday welcomed the passage of amendments to the Foreign Investment Act (FIA) at the House of Representatives. “The JFC welcomes third reading approval on September 9, 2019 of House Bill 300 making two amendments to the Foreign Investment Act of 1991,” JFC said in a statement. One amendment removes the practice of professions from coverage of the law. “This ends the confusion in the Foreign Investment Negative List of professions with investment,” JFC said.
    JFC said there are 45 laws for professions, each of which contains a reciprocity provision allowing qualified foreign professionals to ... more
  • 1 week Improved mining policies sought Manilatimes |Biz
    The government and stakeholders of the mining industry collectively sought for better policies as uncertainties threaten to stop the country from maximizing the potential of its mineral resources amid rising global demand in the years to come. At the three-day Mining Philippines 2019 International Conference and Exhibition in Manila, Department of Environment and Natural Resources (DENR) Undersecretary for Climate Change Service and Mining Concerns Analiza Rebuelta-Teh said the agency was committed to pursuing the ongoing initiatives to strengthen the regulation of mining practices in the country. Among these include the review on mining regulatory process, enhancement of the design and ... more
  • 1 week The benefits of second-hand buying Manilatimes |Biz
    RICKY PUBLICOYou know how Barney Stinson always say “New is always better?” Let’s challenge that. It can’t be stressed enough how underrated second-hand buying really is. It’s usually scoffed at by most Filipinos, but buying used items is a lot more rewarding. Admittedly, we have this stigma on buying used goods. It’s time to break that stigma now because you’ll be missing out on the benefits. Here are some compelling reasons why you should give second-hand goods a try. Lower prices, better value Which is the better deal: a brand new Smart TV worth P50,000 or two equally capable ... more
  • 1 week A tale of two countries: PH and Vietnam Manilatimes |Biz
    KAY CALPO LUGTUThe rise of e-commerce in the country has disrupted many businesses, especially those in the brick-and-mortar space. It continues to do so, with Forever 21 as the latest casualty. More and more Filipinos go online to buy to address convenience and ease which many of us prefer to pay a premium. In the region, we also see the development of Vietnam in recent times. Here we assess parallel comparisons between Philippines and Vietnam and the impact they create in the process in the areas of e-commerce and logistics. Both countries continue to experience growth in its population, ... more
  • 1 week Guiao resigns as Gilas coach Manilatimes |Sports
    Veteran mentor Yeng Guiao resigned as head coach of Gilas Pilipinas on Wednesday after a forgettable performance in the 2019 International Basketball Federation (FIBA) World Cup in China. Guiao, the current head coach of Northern Luzon Expressway in the Philippine Basketball Association, posted his statement on Samahang Basketbol ng Pilipinas (SBP) social media sites explaining his resignation as head coach. “In the light of all these developments, I am stepping down, as of today, as the Head Coach of the Gilas Men’s Basketball Team, in order to give the SBP a free hand in building and developing a program towards ... more
  • 1 week Argentina brings Serbia’s World Cup bid to bitter end Manilatimes |Sports
    DONGGUAN, China: Argentina’s grand old man Luis Scola knocked down a series of key buckets in a fourth quarter run Tuesday night to crush Serbian hopes and propel the South Americans into the semi-finals of the FIBA Basketball World Cup. Scola, 39 years old and the last remaining member of Argentina’s “Golden Generation” that won the Olympics in 2004, finished with a team-high 20 points in the fast-paced 97-87 win. The outcome leaves Argentina undefeated in the World Cup, hosted this year by China, and headed for a Friday match-up against the winner of USA-France, who tip off on Wednesday.
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  • 1 week Pirates eye solo second vs Altas Manilatimes |Sports
    Lyceum of the Philippines University shoots for the solo second spot when it tangles with 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. A second straight win by the Pirates (7-3) at the expense of the Altas (3-6) in the second game at 4 p.m. will free them from a deadlock at No. 2 with Colegio de San Juan de Letran. In the opening match at 2 p.m., San Sebastian College-Recoletos (6-3) aims to sustain its winning ways in the ... more
  • 1 week HK riots damage billions of property Manilatimes |World
    HONG KONG: Violent protests in Hong Kong in the past three months have led to vandalism of public properties and disruption of transportation, which caused damage estimated at multibillion Hong Kong dollars. The Transport Department of the Hong Kong Special Administrative Region said about 20,000 meters of railings were damaged, which led to HK$8 million in maintenance costs. The department has spent around HK$150 million, including for maintenance of road facilities and police equipment, Hong Kong-based Wen Wei Po reported. About 280 sets of traffic lights damaged since June have been repaired, with repair costs estimated at HK$4.2 million.
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  • 1 week Quality and confidence Manilatimes |Sports
    MICHAEL ANGELO B. ASISSerbia came in the FIBA World Cup 2019 being the pre-emptive favorites. With massive withdrawals of top players hounding Team USA (and to an extent, Canada), Serbia was placed at the top of the power rankings. With their NBA stars intact, specifically, a center who plays like a point guard and makes his teammates better, they have talent and height at every position. Serbia is a quality team with loads of confidence. When asked about facing Team USA, Coach Sasha Djordjevic replied: “May God help them.” When Serbia demolished the Philippines, his assessment: “Obviously, you’re missing ... more
  • 1 week Japan’s PM Shinzo Abe names new ministers Manilatimes |World
    TOKYO: Japan’s Shinzo Abe on Wednesday appointed new foreign and defense ministers and promoted a popular rising political star, in a cabinet reshuffle that fuelled speculation over the prime minister’s successor. The spectacular appointment as Environment minister of the telegenic Shinjiro Koizumi, the 38-year-old son of much-loved former prime minister Junichiro Koizumi, set tongues wagging in Tokyo political classes as the Abe era draws to a close. “Abe intends to start an open race to pick the next prime minister or even the one after that,” said SMBC Nikko Securities chief market economist Yoshimasa Maruyama.
    A darling of ... more
  • 1 week Johnson offers ‘with deal’ Brexit Manilatimes |World
    LONDON: British Prime Minister Boris Johnson took a sudden turn, this time offering to members of the Parliament (MPs) a Brexit with deal to the European Union (EU). The day after meeting Irish Prime Minister Leo Varadkar in Dublin, Johnson held talks with his Northern Irish allies in London — all key players in the race to secure a deal before Britain’s EU exit on October 31. “We’re working very hard to get a deal. I think we will get a deal but if absolutely necessary we will come out with no deal,” Johnson said during a school visit.
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  • 1 week Blue Eagles survive Tigers to grab solo lead Manilatimes |Sports
    Angelo Kouame showed the way in the endgame as defending champion Ateneo de Manila University evaded an early upset against the gritty University of Santo Tomas (UST), 71-70, for the solo lead in Season 82 University Athletic Association of the Philippines (UAAP) men’s basketball on Wednesday at the Araneta Coliseum. Ivorian big man Kouame poured nine of his 11 points in the fourth quarter and came through with a crucial block on Beninese counterpart Soulemane Chabi Yo in the closing seconds to lift the Blue Eagles atop the eight-team standings with a perfect 3-0 record. “This is the kind of ... more
  • 1 week Skippers, Scorpions shoot for semis slots Manilatimes |Sports
    Marinerong Pilipino and Centro Escolar University (CEU) seek to quickly finish off their respective foes in the quarterfinals of the 2019 Philippine Basketball Association Developmental League (PBA D-League) Foundation Cup today at the Ynares Sports Arena in Pasig City. Armed with twice-to-beat advantages, the Skippers take on AMA Online Education at 1:30 p.m. while the Scorpions collide with Asia’s Lashes at 3:30 p.m. in the Group A playoffs. Marinero secured the top seed after sweeping the elimination round capped by an 88-74 win over CEU last Moday.
    The Skippers are keen on sailing to the semifinals for the ... more
  • 1 week Trump fires National Security chief Manilatimes |World
    NEW YORK: President Donald Trump on Tuesday (Wednesday in Manila) announced the firing of hawkish national security advisor John Bolton, a move widely seen as boosting the president’s push to negotiate with US foes in Afghanistan, North Korea and other trouble spots. Trump, who said he had disagreed “strongly” with Bolton on policy, announced via Twitter: “I asked John for his resignation, which was given to me this morning.” A replacement — the White House’s fourth national security chief in less than three years — would be named next week, Trump said.
    Bolton, who had been scheduled to ... more
  • 1 week CDM team sets crucial meeting for SEA Games Manilatimes |Sports
    The Chef de Mission (CDM) team, headed by Philippine Sports Commission (PSC) Chairman William “Butch” Ramirez, will meet the competition managers, presidents and secretary generals of national sports associations on Friday at the Philippine International Convention Center (PICC). The gathering, set to begin 10 a.m., will discuss several important matters in preparation for the upcoming hosting of the 30th Southeast Asian Games. The said meeting will also be attended by Mr. Tom Carrasco, who will represent the Philippine Southeast Asian Games Organizing Committee (PHISGOC) as the Director of Operations.
    In a regular CDM team meeting held yesterday, it ... more
  • 1 week US marks 9/11 terror attack Manilatimes |World
    NEW YORK: Americans are commemorating 9/11 with mournful ceremonies, volunteering, appeals to “never forget” and rising attention to the terror attacks’ extended toll on responders. A crowd of victims’ relatives is expected at ground zero Wednesday, while President Donald Trump is scheduled to join an observance at the Pentagon. Vice President Mike Pence is to speak at the third attack site, near Shanksville, Pennsylvania. Former president George W. Bush, the commander in chief at the time of the 2001 attacks, is due at an afternoon wreath-laying at the Pentagon.
    In this Sept. 11, 2001 (file photo) smoke ... more
  • 1 week Ronaldo sizzles for Portugal in Euro 2020 Qualifiers Manilatimes |Sports
    PARIS: England and Portugal both scored five goals while France scored three as they overcame lowly-ranked Kosovo, Andorra and Lithuania in Euro 2020 qualifying on Tuesday (Wednesday in Manila). Captain Ronaldo, making his 160th international appearance, scored four as Portugal won 5-1 in Vilnius and strengthened their position in Group B after a sluggish start. For Ronaldo it was a second hat trick in three internationals. The victory over Lithuania, 130th in the world rankings, kept brought Portugal five points behind Ukraine at the top of Group B.
    Portugal, who opened the group with home draws against Ukraine ... more
  • 1 week Stampede in Iraq kills 30 Shiites Manilatimes |World
    BAGHDAD: More than 30 Shiite pilgrims have died and dozens were injured Tuesday (Wednesday in Manila) in a stampede at a major shrine in the Iraqi city of Karbala on the Shiite holy day of Ashura. It is Iraq’s deadliest stampede in recent history during Ashura, whose commemorative marches had previously been targeted by Sunni extremist groups. On Tuesday, hundreds of thousands of Shiite pilgrims from around the world swarmed Karbala to commemorate the death of the Prophet Mohammed’s grandson, Hussein. AFP ... more
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