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Updated: 1 hour 32 min ago
Matches Today (Globalport Polo Field, Calatagan, Batangas) 2:30 p.m. – Globalport (Pilipinas) vs Tang Polo (China) 3:45 p.m. – San Miguel Corporation (Phils) vs Kingpower (Thailand) (Manila Polo Club) 4 p.m. – Caterham F1 Green vs Air Asia Red Globalport Pilipinas opened its title bid in grand fashion but San Miguel Corporation-Philippines went through the wringer before surviving Ahmibah-Brunei’s spirited comeback at the start of the Philippine Polo Open 2014 yesterday at the Globalport Field in Calatagan, Batangas. ...
Nissan Philippines Inc. (NPI) aims to post double-digit market share by 2016 from the current 4 percent to recover lost market via the introduction of new car models and strengthen its presence under a consolidated one Nissan company. Kenji Naito, NPI President and Managing Director, told a media roundtable yesterday that he has already submitted a strategic plan for the Philippines as part of the aggressive medium-term plan of Nissan Global. “We would like to post double-digit market share by 2016,” said Naito, who will be introducing the newly established NPI this Friday, March 7, along with two new completely built-up car models, one from Thailand and another from Japan. Globally, Nissan has a 6 percent market share and 9 percent in most ASEAN countries, but the Philippines has been lagging behind with a meager 4 percent market share.
The Housing and Land Use Regulatory Board (HLURB) wants to regulate some “exorbitant fees” being charged by private villages, Vice President Jejomar C. Binay said. In particular, Binay cited the fees collected from the delivery of construction materials inside subdivisions. Binay heads the HLURB being the chairman of the Housing and Urban Development Coordinating Council (HUDCC). The HLURB, as the national agency mandated to regulate the real estate industry, has jurisdiction over subdivisions in the country. ...
Century Properties reported the completion and turnover of the third tower at Azure Urban Resort Residences, its six-hectare beach-inspired condominium development in Parañaque City. Azure’s central amenity space - the Paris Beach Club and the first phase of the Azure Beach – are also complete and will officially open in the middle of March 2014. The first two towers of Azure called Rio and Santorini delivered a combined number of 1,700 units in 2013. The third Azure tower, St. Tropez, will turn over close to 600 units in March.
Manila, Philippines --- The Senate voted yesterday to ratify extradition treaties with Spain, India and the United Kingdom. This prompted Sen. Miriam Defensor Santiago, chairperson of the Senate Foreign Relations Committee, to say that the world is getting smaller for those accused of plunder arising from the P10 billion Priority Development Assistance Fund scam. Santiago said extradition treaties are considered to be the most effective mechanism in obtaining the return of international fugitives in order for them to face the consequences of their criminal actions.
Dumangas, Iloilo – The Port of Dumangas is being eyed as a possible new port for Iloilo province, replacing the current port of Iloilo which is located in Iloilo City. Senate President Franklin Drilon, who is a native of Iloilo, said a feasibility study will be conducted to look into the possibility of transferring the major port from the regional capital to Dumangas, a first class municipality some 24 kilometers northeast of Iloilo City.
But when you give alms, do not let your left hand know what your right is doing, so that your almsgiving may be secret. And your Father who sees in secret will repay you.
The British Embassy in Manila cited the multi-million dollar finance lease deal for two Airbus 320-200 aircraft recently signed between Standard Chartered and Cebu Air Inc. (CEB) as “a fantastic example of British and Philippines business working together.” “I am delighted that Cebu Pacific has chosen to work with world-class British financial and engineering expertise to deliver its expansion program,” British Ambassador to Manila Asif Ahmad said in a statement. The top British diplomat in the Philippines noted that Standard Chartered is “one of the UK’s most successful banks while every Airbus plane has wings and avionics that are made in the UK.” “When fitted with Rolls Royce engines, the UK content by value is more than 67 percent,” Ambassador Ahmad pointed out. Standard Chartered has been operating for over 150 years in some of the world’s most dynamic markets and earns around 90 percent of its income and profits in Asia, Africa and the Middle East.
Manila, Philippines --- Students from Taguig proved once again that they can excel in everything, particularly in “cheer dancing” after the Taguig City University varsity pep squad was recently crowned as this year’s champion of the 2014 Association of Local Colleges and Universities Games cheer dance competition at the University of Makati. According to the local city government, this is the second straight year that TCU was adjudged as champions in the said competition, besting UMak Pep Squad and City University of Pasay Pep Squad. Taguig City Mayor Lani Cayetano congratulated the TCU pep squad even as she assured that the local government will continue to cheer and support the remaining athletes competing in the ongoing ALCU Games.
Manila, Philippines --- Three senators accused of plunder in connection with the controversial P10 billion pork barrel (Priority Development Assistance Fund) scam said they were accepting the challenge to be subjected to a lifestyle check. But the three – Senators Jose “Jinggoy” Estrada, Juan Ponce Enrile and Ramon “Bong” Revilla – said it should be a lifestyle check for all, including President Benigno S. Aquino III, Budget Secretary Florencio Abad, and Interior Secretary Mar Roxas. Estrada and Enrile immediately said they were accepting the challenge of former Technology Resource Center head Dennis Cunanan to submit themselves to a lifestyle check.
Property giant Megaworld Corporation is starting the development of its P35 billion township called Woodside City in Pasig with the construction of three office towers to serve the growing demand from the business process outsourcing sector. These sustainable office towers will be Leadership in Energy and Environmental Design (LEED)-registered office buildings. “The first two towers, which will be located along the C-5 entrance of the township, will be designed by world-renowned architectural firm Skidmore, Owings, and Merrill,” said Megaworld first vice president Jericho P. Go. “With the increasing demand for sustainable office towers from our clients, we are committed to build more ‘green’ buildings in Woodside City,” explained Go.
Manila, Philippines --- Expect increase in prices of retail goods a month from now as a result of the Manila truck ban. This was the projection of Confederation of Truckers Association of the Philippines (CTAP) Director Bert Suansing, citing the 1991 experience of truckers on a similar “experiment” that prohibited truckers on the streets during daytime. The “experiment” resulted in an increase of trucking prices by 50 percent and increase in prices of retail goods by 30 percent. Under the current truck ban in Manila, truckers are prohibited from traversing city roads from 5 a.m. to 9 p.m. effective February 24.
Legazpi City, Albay — Japan Ambassador Toshinao Urabe officially turned over yesterday the keys of six more completed Japan Spirit of Solidarity (JSS) buildings to Albay Governor Joey Salceda and local officials, here. The new JSS buildings were for the Manito, Gogon, and Sto. Domingo Elementary Schools; the Oas South Central School; Polangui North Central School; and the Libon Community College. These buildings are uniquely equipped for evacuation purposes in cases of disasters and calamities. ...
RH Law In SC Summer Session The Supreme Court (SC) decided yesterday to continue deliberations on the 21 cases filed for and against the Responsible Parenthood and Reproductive Health Act, known as RH Law during its summer sessions in Baguio City that begins on April 8. While the consolidated cases were on the SC’s full court agenda yesterday, some justices asked for a deferment on the deliberations, saying they were not yet prepared to cast their votes on the issues raised in the petitions. On March 19, 2013, the SC issued a status quo ante order (SQAO) that stopped the government from implementing the RH Law under Republic Act No. 10354.
Tubod, Surigao del Norte – The various local chief executives and the regional officials of government line agencies have pooled their effort to protect the 17,340-hectare Lake Mainit – the fourth largest freshwater lake in the Philippines. Lake Mainit, a wetland ecosystem, bisects the two provinces of Surigao del Norte and Agusan del Norte in the Caraga Region. Lake Mainit is the country’s deepest lake with a maximum depth of 223 meters, an altitude of 27 meters above sea level, and a shoreline of about 62. ...
Rice prices in the Philippines have risen for six straight weeks, piling pressure on the government to import more of the national staple to stabilize markets and curb inflation already at two-year highs. While bumper harvests in other countries have stoked a global rice glut, prices in the Philippines have climbed around 4 percent in the last three months after typhoon-Yolanda devastated key growing regions and as the government clamps down on smugglers looking to avoid hefty taxes. Increased purchases by the Philippines, one of the world’s largest rice buyers, would help ease global oversupply, with Vietnam and Thailand likely to bid aggressively for any new deal from their Southeast Asian neighbor. National Food Authority spokesman Rex Estoperez confirmed media reports that Manila has since late January doubled the amount of rice it has been releasing into markets from stockpiles most days, looking to curb price gains.
Private sector outlook about the profitability of business in the Philippines is bright, according to a survey of businessmen, which showed that 80% of respondents expected the economy to perform well as it did in 2013, because of strong fundamentals and other positive factors auguring well for doing business in the country. The survey in Manila on February 17-18, 2014, by the Global Research Team of London-based Standard Chartered Bank (StanChart) gauged the sentiment of top local corporates and investor clients on issues affecting businesses this year. The international investor community is effective on growth prospects of the Philippines, the British bank said, noting that economic optimism is strong and global sentiment has improved in 2013, with investment becoming a “broader, deeper” growth engine. The Philippines attained a robust 7.2% Gross Domestic Product (GDP) growth in 2013 by improving its business policy to attract more private investments in local businesses StanChart said the Philippines made significant improvements, particularly in “dealing with construction permits,” “getting credit,” and “paying taxes.” This year, the country ranked 108th in Ease of Doing Business from 133 a year ago.
Manila, Philippines --- Catholics around the world begin the solemn observance of the 40-day Lenten Season today with the commemoration of Ash Wednesday. Priests in purple vestments – the color of penance – following tradition will mark the foreheads of the faithful with a cross from blessed ashes with the reminder: “Thou art dust and unto dust thou shall return” (Genesis 3:19) and to “Turn away from sin and be faithful to the Gospel” (Mark 1:15), The ashes from the burnt palm fronds from last year’s Palm Sunday observance serve as a reminder to the faithful that this holy day must be observed as a day of fasting, abstinence, prayer, self-denial, and repentance. Those who are 14-years-old and above are also required to abstain from meat today and on all Fridays for the duration of the Lenten Season.
[caption id="attachment_105361" align="alignright" width="300"] The 'It's Showtime' hosts' selfie (Twitter)[/caption] The hosts of "It's Showtime," including Jugs Jugueta Teddy Corpuz, Anne Curtis, Karylle, Iza Calzado, Kim Atienza, Eruption and Jhong Hilario, took their own selfie, inspired by Ellen DeGeneres' record-breaking shot taken during the recently concluded Oscars. Jugueta posted the photo on Twitter, in his effort to make it the most retweeted selfie in the Philippines.
Manila, Philippines --- Vice President Jejomar C. Binay has admitted considering businessman Manny V. Pangilinan as his running mate in the 2016 presidential elections, citing his track record as a businessman as one key factor. Earlier, Binay said he was also considering Batangas Gov. Vilma Santos as his vice presidential candidate. Our priority concern now is the responsibilities given by President Benigno S. Aquino III, particularly on the shelter sector, OFW (overseas Filipino worker) concerns, campaign against illegal recruitment, among others. Meanwhile, Binay said those who remained loyal to him in last year's election like Sarangani Representative Manny Pacquiao will play a prominent role in his new political party.