31 C
Makati City
Monday, February 27, 2017
WE live in a world where almost everything we need is in the palm of our hands. From our consumption of food, to processing bank transactions, to ride hailing  and down to social needs, the smartphone with an Internet connection has all that we need. Now, imagine if mobile phones...
THE government will likely adopt the second option in building a national broadband backbone, which entails the construction of infrastructure in the countryside with a higher price tag. Information Secretary Rodolfo A. Salalima said the Department of Information and Communications Technology has forwarded the blueprint for the plan to President Duterte,...
The country’s oldest distillery, Destileria Limtuaco, asked the government to implement “simple” rules on taxing distilled spirits, as the ad valorem tax rate imposed on it under the “sin” tax law is tempering the industry’s growth. Destileria Limtuaco made this pronouncement amid the ongoing effort of the government to review...
ISRAEL is expected to be a major source of tourists in 2017 and onward, with the market posting the largest increase in visitor arrivals growth last year. In a news statement, Tourism Undersecretary for Market Development Benito C. Bengzon Jr. said visitor arrivals from Israel are projected to rise to...
In July last year President Duterte launched his bloody war against illegal drugs, a campaign that human-rights advocates claimed has resulted in the systematic killings of lowly drug peddlers and suspected drug users, especially in Metro Manila. Even before that, Duterte has also unofficially jump-started the peace talks with communist...
Favorable weather conditions could drive the country’s corn production in the first quarter of the year to a growth of as much as 20 percent, according to the Department of Agriculture (DA). Assistant Secretary for Operations Federico E. Laciste Jr. noted that the Philippine Statistics Authority’s (PSA) projected corn production...

Drug war lands de Lima in jail

Senator Leila M. de Lima, a vocal opposition senator and leading critic of President Duterte’s deadly antidrug crackdown, was arrested on Friday on drug charges, but professed her innocence and vowed she would not be intimidated by a leader she called a “serial killer”. De Lima’s arrest came a day...
After years of keeping monetary-policy settings unchanged, the Bangko Sentral ng Pilipinas (BSP) is likely to pull the trigger and start raising interest rates this year to abate rising pressures on the inflation front. For 19 consecutive times since September 2014—sans the operational adjustment in May last year for the...
Before his childhood friend Rodrigo R. Duterte decided to run for president, Carlos “Sonny” G. Dominguez III used to spend his days hunting a white-tailed deer in Idaho and watching episodes of Narcos on Netflix. Now, instead of following the escapades of narcotics kingpin Pablo Escobar on TV, he has a...
Business groups have expressed support for the passage of a proposal to lower individual income tax rates, which is the main intent of the Comprehensive Tax Reform Package (CTRP). During the fifth hearing of the House Committee on Ways and Means, the Tax Management Association of the Philippines (TMAP), Financial...
Bayan Muna chairman Neri Colmenares today expressed his concern about the implications of the restraining order recently issued by the Supreme Court against the enforcement of several orders and regulations promulgated by the Energy Regulatory Commission (ERC) and the Department of Energy (DOE) in relation to retail competition and...
United Kingdom Ambassador to the Philippines Asif Ahmad and former president Fidel V. Ramos both criticized the moves to revive capital punishment in the country. Ahmad said reinstating the death penalty is a tragic reversal of upholding the right to life that would demonstrate the Philippines could easily walk away...
JIM GOMEZ / Associated Press MANILA, Philippines (AP) — A Philippine opposition senator and leading critic of President Rodrigo Duterte's deadly anti-drug crackdown was arrested Friday on drug charges but professed her innocence and vowed she would not be intimidated by a leader she called a "serial killer." Sen. Leila de...
By Ma. Stella F. Arnaldo / Special to the BusinessMirror TOURISM investors in San Vicente, Palawan, are fervently waiting for the opening of the municipality’s new airport before they push their resort-development activities to full scale. This developed as the Tourism Infrastructure and Enterprise Zone Authority (Tieza) announced about P3.73 billion in...
Beleaguered Senator Leila De Lima said she was compelled to stay overnight at the Senate Thursday on learning policemen were dispatched to arrest her at home. "I was forced to leave my home because I was told the arresting team was on the way to the house, so I opted...

Death on the night shift

By Miguel Syjuco / New York Times News Service Only five people had turned up dead. It was a slow evening. The journalists on the night shift say Fridays are like that. A predictable rhythm has developed to the killings in this dense metropolis of nearly 13 million. Weekdays are busier, often...
Businesses are more optimistic about the country’s economic prospects for the second quarter of the year, as consumer demand is expected to pick up and government spending accelerates, according to the Bangko Sentral ng Pilipinas (BSP). In its latest Business Expectations Survey (BES), the overall confidence index (CI) is seen...
The Department of Energy on Thursday said it is duty-bound to implement the retail competition and open access (RCOA), a key provision of Republic Act 9136, or the Electric Power Industry Reform Act of 2001 (Epira), despite an order from the Supreme Court (SC) not to enforce it. “The provisions in the Epira...
Foreign Secretary Perfecto R. Yasay Jr. on Thursday said Chinese President Xi Jinping has categorically told President Duterte that Beijing will not build any structure in the Scarborough Shoal. When asked if it was Duterte who asked Xi not to build any structure in the disputed shoal, Yasay said: “Yes,...
THE local unit of Japanese air-condition maker Daikin is batting for a P2.6-billion sales level for fiscal year 2017, on the back of demand from residential and commercial sectors. In an interview with reporters on Thursday, Daikin Philippines President Lee Wai Kok  said the air-cooling solutions provider is set to end...