Monthly Archives: August 2018

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By: Karl R. Ocampo – @inquirerdotnet Philippine Daily Inquirer, Aug 24, 2018 Rice prices rose to all-time highs four months after the rice stocks of the National Food Authority (NFA) ran out. Last year, consumers could buy regular-milled rice at an average of P37.89 a kilogram and well-milled rice at P41.93 a kilo.

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by Bilyonaryo, Aug 23, 2018 Finance Secretary Carlos Dominguez III said the surge in foreign direct investments (FDIs) in the last 17 months prove that investors are now flocking to the Philippines because of its exciting growth prospects, rather than the fiscal incentives.

by Bilyonaryo, Aug 23, 2018 Lolos and lolas will get the aguinaldo this time. The Department of Budget and Management (DBM) said the government has set aside P23 billion under the 2019 budget, especially for a social pension program for senior citizens.

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by Louise Maureen Simeon With Rhodina Villanueva (The Philippine Star) – Aug 22, 2018 MANILA, Philippines — Despite the continuous arrival of rice imports, prices of the Filipino’s main staple remain in an upward streak for eight months now, the Philippine Statistics Authority (PSA) reported.

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by Erwin Mascariñas, ABS-CBN News, Aug 23, 2018 Firefighters battle a raging fire that killed a female factory worker after she was trapped inside the Bryant Milling and Marketing candle factory in Barangay Carangan, Ozamiz City on Wednesday.

By: Julius N. Leonen, INQUIRER.net, Aug 22, 2018 Finance officials are not expecting any loss of jobs under the second package of the government’s new tax reform plan. Cash grants, however, would be put into place as part of a contingency plan if “minimal” or “temporary” job losses will be reported.

by Ian Nicolas Cigaral, philstar.com, – Aug 22, 2018 SINGAPORE — The Philippines is taking steps toward the digitalization of the country’s manufacturing sector and enterprises, joining its neighbors in the region in entering the fourth industrial revolution.

By Elijah Joseph C. Tubayan, BusinessWorld, Aug 22, 2018 THE CURRENT FORM of the second tax reform package, as approved by a House of Representatives committee earlier this month, risks slowing momentum of progress in state revenues and infrastructure spending, senior executives of Fitch Ratings and Moody’s Investors Service warned.

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by Gerardo P. Sicat (The Philippine Star) – Aug 22, 2018 The draft federal constitution of the ConCom (Constitutional Committee) submitted to the Congress for adoption has huge budgetary implications on government operations which may likely cause a fiscal crisis.

By Cecilio Arillo, Businessmirror, Aug 22, 2018 Part 2 Divided and ill-trained military THE once active Grand Alliance for Democracy, a Philippine opposition party, had revealed that “the Philippine military, which was then grossly divided, was failing in its task to contain the rising tide of communist insurgency.” Gen. Richard Stillwell echoed this observation, thus:…

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by Kyodo News, Aug 21, 2018 Malaysian Prime Minister Mahathir Mohamad confirmed Tuesday the cancellation of two major Chinese government-backed infrastructure projects in his country worth over $20 billion, including a railway and two gas pipelines.

by John Hagel III, AUG 21, 2018 As technology transforms our economy, one trend is getting more and more attention: the prospect that it will increasingly automate the work that we human beings do. And it’s not just low skilled, manual labor that’s at risk — “knowledge” work like operational analytics and marketing is also…

The women are smuggled into Sabah and forced to work as waitresses, domestic workers or as bar girls. They eventually flee on a speedboat and are rescued by the police and Philippine Coast Guard near the border of Sandakan and Taganak. by Rappler.com, Aug 20, 2018 TURTLE ISLANDS, Philippines – Policemen from the Turtle Islands…

By NICOLE-ANNE C. LAGRIMAS, GMA News, Aug 20, 2018 The National Bureau of Investigation has rescued 28 women from a Makati “casa” and arrested five of their supposed traffickers.

By Robert Vergara, CNN Philippines, Aug 20, 2018 Metro Manila (CNN Philippines, August 20) — President Rodrigo Duterte has signed into law a measure aimed at ensuring the implementation of proper health and safety standards in workplaces around the country.

by Helen Flores (The Philippine Star) – Aug 20, 2018 MANILA, Philippines — The government should try to implement the proposed four-day work week for a month to see if it will help ease traffic problems in Metro Manila, lawyer Romulo Macalintal said yesterday.

by Joey Concepcion (The Philippine Star) – Aug 20, 2018 We finally launched the Pilipinas Angat Lahat Alliance last Aug. 14 at Malacanang Palace, graced by President Rodrigo Duterte, House Speaker Gloria Macapagal-Arroyo, Executive Secretary Salvador Medialdea, Trade Secretary Ramon Lopez, government officials, members of our 30 Alliance partners, state ambassadors, mentors and entrepreneurs.

By Cecilio Arillo, Businessmirror, Aug 20, 2018 Part One IN the words of journalist Ross Munro, a well-known political observer of Southeast Asian politics and author of the revealing story on the rise and fall of Cambodia’s brutal Khmer Rouge, “The Philippines is saddled with a communist insurgency that is the fastest-growing, most threatening and…the…

The Philippine Business for Education also calls on more companies to offer internships to senior high school students so that employers themselves can become familiar with the students’ skills by Sofia Tomacruz, Aug 19, 2018 MANILA, Philippines – Students in senior high school should undergo training or get work experience if they wish to proceed…

19 Aug 2018 – A CRUEL INFLATION ABSTRACT! – I hadn’t been to market in two weeks. I was out somewhere. I went to my suki market stall for the usual veggies and all. A woman mamimili asked for the price of ‘patola’, and exclaimed “Wow, ha!” when the seller said P50 per kilo. I…

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Ryan Browne | Aug 17, 2018, CNBC.com Some doctors worry that those in the tech world think AI can not only help clinicians, but even do a better job.