Thu07242014

Last update09:52:46 PM

PPA@40: Four decades of dedicated service

PPA@40: Four decades of dedicated service

THE Philippine Ports Authority (PPA) is marking another milestone as it celebrates its 40th year of dedicated service this month.

Indonesia’s Widodo: An example for PHL?

Indonesia’s Widodo: An example for PHL?

INDONESIA'S newly proclaimed president is Joko Widodo, better known as “Jokowi,” who beat Prabowo Subianto, a businessman and former lieutenant general in the Indonesian National Armed Forces.

BancNet@24: Banking convenience beyond borders

BancNet@24: Banking convenience beyond borders

BANCNET, the first and largest Automated Teller Machine (ATM) consortium in the Philippines, just got even bigger and better as it celebrates its 24th year this month.

Typhoons and economic growth

Typhoons and economic growth

THE recent passage of another strong typhoon—Glenda (international code name Rammasun)—has again raised questions on how the Philippine economy will be negatively affected.


News

Exporters demand bigger budget

The country’s export sector will reiterate its request for bigger export-promotion budget—which should be “in the billions” annually—and additional support for product development in the Philippine Export Development Plan (PEDP) that will be submitted to President Aquino in the next few weeks.

Neda: DAP accelerated 2012, 2013 growth

The Philippine economy would have posted a slower growth in 2012 and 2013 had not been for the funds released through the controversial Disbursement Acceleration Program (DAP), according to the National Economic and Development Authority (Neda).

Finally, Naia Terminal 3 to be fully operational

THE Ninoy Aquino International Airport (Naia) Terminal 3 is set to be fully operational by the end of the month, as the Japanese contractor tasked with the completion of the system works of the air hub is nearly done with the repairs.

Operations of 4 Zambales mining companies suspended indefinitely

GOVERNMENT regulators have slapped four mining companies with a suspension order, indefinitely stopping their operations in the province of Zambales.

Indonesia’s Widodo: An example for PHL?

Indonesia’s Widodo: An example for PHL?

INDONESIA'S newly proclaimed president is Joko Widodo, better known as “Jokowi,” who beat Prabowo Subianto, a businessman and former lieutenant general in the Indonesian National Armed Forces.

40 bodies from crashed jet returned to Netherlands

40 bodies from crashed jet returned to Netherlands

EINDHOVEN, the Netherlands—Victims of the Malaysian jetliner shot down over Ukraine returned on Wednesday to Dutch soil in 40 wooden coffins, solemnly and gently carried to 40 identical hearses, flags at half-staff flapping in the wind.

Business

ICTSI raises $350 million from local, foreign banks

PORT operator International Container Terminal Services Inc. (ICTSI) raised $350 million from an inaugural loan facility program with a consortium of international and domestic banks.

Private banks’ share in 2013 loans to farmers shrank

PRIVATE banks’ share in lending to farmers shrank again last year, as government data showed most loans went to food production.

Semirara Mining bucks measure making PHL EITI-compliant

The Philippines’s Extractive Industry Transparency Initiative (EITI) has appealed to big mining companies in the Philippines to comply with the disclosure requirements on the taxes and royalties that they give to the government so that the Philippines will be successful in its application to become an EITI-compliant country.

Educators can be entrepreneurs as well

JPMorgan Chase and Co. (JPMC), through the JPMorgan Chase Foundation, has embarked on a training program for educators in partnership with Bayan Academy for Social Entrepreneurship and Human Resource Development and the Department of Education-National Capital Region (DepEd-NCR).

Axed Nokia X phones suffered from lack of identity

Axed Nokia X phones suffered from lack of identity

NEW YORK—The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.

Widodo targets growth pace unseen since financial crisis

Widodo targets growth pace unseen since financial crisis

PRESIDENT-ELECT Joko Widodo said he’s aiming for a growth pace Indonesia hasn’t seen since before the 1990s Asian financial crisis, a shift that would bolster the clout of the world’s fourth most-populous nation.

Sports

‘The Shark’ means business

‘The Shark’ means business

PLA D’ADET, France—On the last of four Pyrenees ascents, Rafal Majka winked at a French TV camera and tugged playfully at a motorcycle’s antenna.

Lifestyle

Panna cotta

Panna cotta

I’VE spent a good chunk of the last two weeks surrounded by spreadsheets, crumpled paper packets, cartons of dairy products and dirty ramekins. Josef Centeno has a lot to answer for.

Leading cruise companies eyeing Philippines as favorite destination

Leading cruise companies eyeing Philippines as favorite destination

THREE of the world’s leading cruise companies—Carnival Corp., Royal Caribbean International and Norwegian Cruise Lines—have expressed interest to help develop the Philippines as a cruise-ship destination, the Philippine Embassy in Washington, D.C., said recently.

The rewards of being Gabby Eigenmann

The rewards of being Gabby Eigenmann

“One moment of patience may ward off great disaster. One moment of impatience may ruin a whole life.”

Music is in the heart

Music is in the heart

HOW does one age gracefully? A thousand and one ways. And this lady, gracious and lovely at 93, shows us that one way, and which describes a constant part of her life—Music is in the heart.

2013 Kadayawan Festival: Celebrating Davao’s cultural heritage

2013 Kadayawan Festival: Celebrating Davao’s cultural heritage

DAVAO City has always been one of my favorite destinations ever since I started going there in the late 1980s.

Features

Our man in Washington, D.C.

Our man in Washington, D.C.

FROM the time the Philippines kicked out the American bases in 1991 until 2010, the link between the two countries hit its lowest point, so much that some of the new generations of US citizens thought the country to be “as just another tropical island, like Hawaii.”

PPC Asia: Banking on speed for progress

PPC Asia: Banking on speed for progress

WHEN Ronnie Co was still a business administration student at the Colegio de San Juan de Letran, it did not cross his mind that in a few years, he would soon be leading one of the big contenders in the automotive industry. As a member of the basketball varsity team, he spent his days driving the team into winning the championship, not knowing he would, in the future, be driving not only luxury cars, but also the rest of the industry.

 

Your brain can help scientists find cure for Alzheimer’s

Your brain can help scientists find cure for Alzheimer’s

SCIENTIST are short of brains. Not that they lack smarts. Rather, they need more tissue they can study to better understand—and maybe, someday, treat—diseases of the mind, as well as head injuries.

Real-estate group calls for immediate enactment of housing-related bills

THE housing sector is in need of 5.5 million dwelling units yet fundings and legislative measures are lacking to address this backlog, according to the Chamber of Real Estate and Builders’ Associations Inc. (Creba).

The private sector’s role in disaster preparedness

The private sector’s role in disaster preparedness

THE disasters in recent years are significant reminders that, even in this age of technological advancement, natural tragedies still have the power to shatter and wash away intricately protected properties and lives.

Philam Foundation donates classrooms for Taguig National High School students

PHILAM Foundation, the corporate citizenship arm of the country’s premier life insurer Philam Life, give not only classrooms but “homes where dreams and wishes start.”

Stubborn planet: Risk, ruin and resilience

Stubborn planet: Risk, ruin and resilience

IMAGINE your good old pal gets diagnosed with a serious disease. Would you react like this: “He feels fine, this can’t be happening.” “Why him? It’s not fair!” “I’ll do anything, can’t you stretch it out? A few more years.” “I’m so sad, why bother with anything?” “It’s going to be OK. If I can’t fight it, I may, as well, prepare for it.”

Reflections on an unforgiving day

Reflections on an unforgiving day

WE ate breakfast to the news that an airliner had crashed in Ukraine. We had lunch to the news that Israel had invaded Gaza. An airliner crashing is perhaps more impactful than an invasion. We have all wondered, when we hear of a crash, or even in quiet moments onboard an aircraft ourselves, what living our final moments in a plane plunging to earth, knowing that we will die, would be like. An invasion is harder for some of us to empathize with. Most of us have never invaded a country nor been in a country while it was invaded. But it shares this much with a plane crash: Your life is in danger, and your fate is out of your hands.

Whatever you do, don’t run

Whatever you do, don’t run

JUST drive a Land Rover. And go on a safari around Asia and Africa. This, according to Peter Allison, renowned author of two bestselling books about his experiences working in the African bush—Whatever You Do, Don’t Run and Don’t Look Behind You—is or will probably be his life-long journey or rather call it, life mission statement.

Major US firms push for more, easier renewable energy

Major US firms push for more, easier renewable energy

WASHINGTON—Some of the largest companies in the United States have banded together to call for a substantial increase in the production of renewable electricity, as well as for more simplicity in purchasing large blocs of green energy.

Saint Mary of Magdala: Apostle of the Apostles

Saint Mary of Magdala: Apostle of the Apostles

MARY is a common name. It is Miryam in Hebrew and Maryann in Aramaic. In Calvary, three Marys are present: The Blessed Virgin Mary, Mary the wife of Clopas and Mary Magdalene.

Nutrition for children

Nutrition for children

THERE are numerous ways parents can help their children achieve the best possible health. For instance, obesity (the condition of a person having excessive weight for his or her height, build and age) can be prevented with healthy eating patterns and regular exercise.

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