Monthly Archives: May 2018

SPECIAL REPORT By: Jeannette I. Andrade – Reporter, Philippine Daily Inquirer, May 17, 2018 (Last of two parts) Anyone among the 67 million Filipinos and the tens of millions of other people who are logged on the internet at any one time could be a suspect or a victim in the online “love scam” —…

by Czeriza Valencia (The Philippine Star), May 17, 2018 (Last of two parts) Concessional rates JICA is known for providing loans on a concessional basis, meaning interest rates that are below commercial market rates. The rates and tenor of JICA loans are based on the income classification and the economic conditions of the borrowing countries.

by ABS-CBN News, May 17 2018 MANILA – More than half of households in Metro Manila are watching television on digital, underscoring consumers’ shift away from analog, according to separate polls.

By Henry Empeño, BusinessMirror, May 17, 2018 SUBIC BAY FREEPORT — Authorities have suspended a subcontractor at the Hanjin shipyard in the Redondo Peninsula here after an accident last Saturday killed one worker and injured three others when they fell off a collapsed platform mounted at the side of a ship under construction.

https://www.cnbc.com/2018/05/17/vatican-says-amoral-financial-system-needs-infusion-of-ethics-more-regulation.html?__source=twitter%7Cmain The Vatican called for more regulation of markets and financial systems. Two Holy See departments drafted a document saying economic crises showed markets were not able to govern themselves and needed a strong injection of morality and ethics. The Vatican’s pronouncement is considered official teachings of the Catholic Church and could affect the attitude…

by ABS-CBN News, May 17 2018 MANILA – Inflation in the Philippines may hit 6 percent in August this year because of a number of factors, an economist at Standard Chartered said Thursday.

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Guevarra commends fiscal in human trafficking case Justice Secretary Menardo Guevarra lauded the Office of the City Prosecutor (OCP) of San Fernando, La Union for convicting a human trafficker.

By Hannah Brockhaus, https://www.catholicnewsagency.com/amp/news/pope-francis-youth-are-lost-in-a-virtual-world-instead-of-reality-38228 (CNA/EWTN News).- Pope Francis said Monday he is worried that youth are too enmeshed in a virtual world of cell phones and other technology, separated, in particular, from the real human contact experienced by performing works of mercy.

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DUE TO PENSION HIKE By BERNADETTE REYES, GMA News, May 15, 2018 The Social Security System (SSS) Fund may last only until 2026 if the second tranche of the P2,000 pension increase pushes through next year.

by Mary Grace Padin (The Philippine Star), May 14, 2018 MANILA, Philippines — Loans and other financing support granted by the Chinese government to the country do not involve any of the Philippines’ natural resources as collateral, the Department of Finance (DOF) said.

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Blame global oil prices, not TRAIN for inflation — DOF These numbers support their claim that tax reform isn’t the culprit. The Department of Finance dismissed critics of the Tax Reform for Acceleration and Inclusion (TRAIN) law, saying that it is not the biggest factor driving prices of goods up.

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Programming knowledge may not be enough to future-proof your career in the age of automation. Here’s why. By Alison DeNisco Rayome, May 14, 2018 The rise of coding bootcamps signals that many are seeking developer jobs to make more money and protect their careers from automation. But learning to code won’t protect your job when…

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by Janvic Mateo (The Philippine Star), May 13, 2018 MANILA, Philippines — Re-electionist and former senators dominated the list of most preferred candidates in the senatorial elections next year, according to a recent survey conducted by Social Weather Stations (SWS).

by Richmond Mercurio (The Philippine Star), May 13, 2018 MANILA, Philippines — The Philippines is in need of fresh investments that would ramp up manufacturing output as current supply capacities are hitting the limits, resulting in export losses in recent months.

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By TED CORDERO, GMA News, May 13, 2018 The Bataan Nuclear Power Plant can be revived despite decades of disuse, Russia’s state nuclear energy corporation Rosatom said amid calls for the BNPP’s rehabilitation.

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By CNN Philippines Staff, May 12, 2018 Metro Manila (CNN Philippines, May 11) — Philippine and Kuwaiti officials on Friday signed a labor deal that aims to protect the welfare of Filipino workers, the Department of Foreign Affairs (DFA) said, in what is an apparent sign of warming of ties after a diplomatic row between…

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by DELFIN T. MALLARI JR., Inquirer Southern Luzon, May 12, 2018 LUCENA CITY – Police rescued a 16-year-old girl from three suspected human traffickers in Tiaong town in Quezon province Friday night, police reported.

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By: Roy Stephen C. Canivel, Philippine Daily Inquirer, May 11, 2018 There will be more “ultrarich” people in the Philippines by 2022, growing at a rate considered the second highest in the world.

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