Friday, October 31st 2014

section dividers-topnews

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The Bangko Sentral ng Pilipinas (BSP) hinted broadly on Thursday of more stable interest rates over the next 12 months, its strongest word yet on the direction of short-term interest charges, following the US Federal Reserve (the Fed) decision putting an end to more than five years of monetary...

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Transportation Secretary Joseph Emilio A. Abaya has directed the Land Transportation Franchising and Regulatory Board (LTFRB) to be more considerate in handling the case of carpooling-services provider Uber, saying his agency is looking at amending transport rules to make traveling around Metro Manila safer and more convenient. The transport chief said...

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The Board of Investments (BOI) has approved P146.18 billion worth of big-ticket power projects in the first eight months of the year, data obtained from the investment-promotion agency showed. For the period, six of the 10 biggest investment commitments that the BOI approved were in the energy sector, led by...

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Former Sen. Juan Flavier died on Thursday due to multiple organ failure caused by pneumonia. He was 79. Flavier served as Department of Health (DOH) secretary from 1992 to 1995, and his outstanding performance as Cabinet member and his famous tag as “Mr. Let’s DOH It” earned him public accolade that...

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STARTING January, power consumers will have to pay an additional P0.406 per kilowatt-hour (kWh) in electricity rates, representing feed-in tariff allowance (FIT-All). This, as the Energy Regulatory Commission (ERC) on Thursday issued an order provisionally approving the application of the National Transmission Corp. (Transco) for it to collect FIT-All payment. The...

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THE House of Representatives has approved on third and final reading a measure prohibiting bus companies from collecting fees for the use of sanitary facilities in bus terminals, stops and rest areas. House Bill (HB) 5067, principally authored by National Unity Party Rep. Maximo Dalog of Mountain Province, provides that...
Business News

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Ayala Corp. on Thursday said it raised some P13.5 billion from the sale of its preferred share, some P1.5 billion short of its total offer as not all of its overallotment option were sold. The company said in its report to the Philippine Stock Exchange that it sold all of...

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SUBIC BAY FREEPORT—SITC International Holdings Co. Ltd., a leading intra-Asia shipping logistics company, has opened a new shipping service directly connecting the Subic Bay Freeport  to China and Japan, two of the biggest economies in the Asian region. Subic Bay Metropolitan Authority (SBMA) Chairman Roberto Garcia said the shipping line...

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BNI Philippines, the local unit of Business Network International (BNI), a business referral organization geared toward small and medium enterprises (SMEs), inaugurated two local chapters recently, and aims to expand its reach nationwide to reach more SMEs. During the launch of its two local chapters in Makati and in...

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THE Electricity Generating Authority of Thailand (Egat) is soliciting bids from Filipino firms for the construction of a new substation and the improvement of an existing one in Thailand. “The Philippine Embassy in Bangkok transmits an invitation to bid from Egat for the ‘supply and construction of the 500-kilovolt Bangkok...

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THE Knights of Columbus Fraternal  Association of the Philippines Inc. (KCFAPI) said it has recently organized a new financing company, the Kompass Credit and Financing Corp. (KCFC), established to provide more economic opportunities, not only for the members of the Knights of Columbus, but also for the general public. “With...

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SSI Group Inc., the Tantoco family’s specialty retailing arm, on Thursday said it received orders from foreign institutional buyers that exceeded the number of its shares offered. The company said in a statement that it concluded its international road show and started its selling shares for its initial public offering. Before the road...
section dividers-sports

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NEW YORK—Pau Gasol scored 21 points and had 11 rebounds in his Chicago debut to help the Bulls spoil Derek Fisher’s first game as a National Basketball Association (NBA) coach by beating the New York Knicks, 104-80, on Wednesday. Reserve Taj Gibson finished with 22 points to lead the Bulls...

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CAGAYAN Valley opened its season by bagging Moala Tautuaa at No. 1 in the Draft. But on Thursday, the Rising Suns didn’t seem to need the 6-foot-7 Filipino-American. Michael Mabulac turned in a double-double effort and the Rising Suns repelled a late rally by MJM-Builders for a 94-86 victory on...

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ALASKA and Meralco clash in a battle of unbeaten teams in the Philippine Basketball Association (PBA) Philippine Cup on Friday at the Smart Araneta Coliseum. The Aces and the Bolts, both holding identical 2-0 slates, collide at 4:15 p.m. Pido Jarencio, meanwhile, hopes to get another victory that would help...

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KANSAS CITY, Missouri—Lorenzo Cain hit a two-run single and Eric Hosmer lined a two-run double over shortstop in a seven-run second inning as the Kansas City Royals battered the San Francisco Giants, 10-0, on Tuesday to force a decisive Game Seven in the World Series. Yordano Ventura, a 23-year-old rookie pitching with...

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KRISTY JAECKEL sizzled on the firing end, towing Mane ‘N Tail to a nail-biting 25-22, 17-25, 22-25, 25-18, 15-6 victory over Foton in the 2014 Philippine Superliga Grand Prix, presented by Asics, on Wednesday at the Cuneta Astrodome. Billed as the league’s most dominant import, Jaeckel erupted for a league-high...

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ATENEO, now a marked team in the University Athletic Association of the Philippines Season 77 women’s volleyball tournament, opens its quest for a second straight crown against National University (NU) on November 22 at the Mall of Asia Arena. The Lady Eagles, who will have an almost intact roster, and...
section dividers-life

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NEW YORK—Almost precisely two years ago, Kristen Stewart was hunched in a dark corner of the Tribeca Grand Hotel’s restaurant, sipping a glass of white wine and relentlessly scanning the room. v There was nothing she loathed more than people spotting her, gawping and then pretending it hadn’t happened....

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YVES GARDIOL is general manager of Badrutt’s Palace Hotel, the famous resort in Saint Moritz, Switzerland. Gardiol, a 53-year-old native of Lausanne, Switzerland, has been at the Palace for a decade. How about a little background about the hotel? Saint Moritz is in the Swiss Alps, and this year marks 150 years...

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IF films die, then there must be graveyards for these deceased films. I think of horror films as dead films. There is no hope—technically—in horror films. There should be no hope in them. Or, they will not be terrifying. If there is a kind of return, a hopeful glance in...

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BEFORE Edward Snowden, the National Security Agency and Prism made headlines, a group of technologists was dedicated to making the Internet more anonymous. They were viewed mostly as paranoid, weird and potentially criminal. Now, after all the revelations of the government’s mass electronic-surveillance program, they are leaders in a movement heating...
section dividers-motoring

section dividers-property

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MANILA is a city of contrasts. The urban landscape features beautiful buildings of eras past standing side by side with the modern commercial and residential buildings of today. Manila is where the traditions and customs of old intertwine and mingle seamlessly with the fast-paced life of today. However, the urban landscape...

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THE country’s infrastructure program recently got a big boost when Espoo, Finland-based Tekla introduced the 3D Concrete Constructible model. Andy Dickey, CIP concrete business development manager for Tekla, told the journalists that the construction software will give construction companies, engineers and contractors higher efficiency and productivity in their projects. “We...

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UNLIKE typical property-development projects, Mañosa Properties Inc. (MPI) consistently puts the Filipino touch, such as bahay-kubo and bahay na bato, in its projects to remind the Filipinos of their roots and culture. In a recent press briefing, MPI stressed that it has the end-user in mind when it develops a...

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DEEPLY rooted in understanding the needs of the Filipino family, Pro-Friends has envisioned a one-of-a-kind township community that will enable families to bond with each other. Starting with its first phase in 2007, Lancaster has evolved into a master-planned community that spans more than 1,400 hectares, covering Kawit, General Trias...
section dividers-health

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‘Nutrition in a pill”—that was how the Mayo Clinic described health supplements.  Although they aren’t for everyone, there are those who may need them to get nutrients they might otherwise be lacking. “Supplements aren’t intended to be a food substitute because they can’t replicate all of the nutrients and benefits...

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HEALTHY kidneys clean our blood by removing excess fluid, minerals and waste. They also make hormones that keep our bones strong and our blood healthy. But, if the kidneys are damaged, they don’t work properly. Medical science tells us that harmful waste can build up in our body.  Our blood pressure...

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MANY people take nutritional or health supplements to lose or gain weight, to boost their energy, to improve their performance, to reduce stress or even to get rid of wrinkles. But can these minerals and vitamins really live up to their claim or are they simply eating off more than...

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A new enemy has emerged—and it is our appetites.  With fast foods proliferating and “eat all you can” restaurants thriving here and there, gluttony has become a way of life, instead of an exception. This must be the reason obesity—the condition of a person having excessive weight for his/her height,...
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A BusinessMirror 9th Anniversary Special. Read now.
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