Mike Nzeusseu played inspired basketball after he and his Lyceum teammates were asked by coach Topex Robinson to think about their heroes in life. Coach Topex Robinson called on the team to think about who their heroes in life before the game. Coach Topex Robinson with CJ Perez (left) and Mike Nzeusseu. As Nzeusseu finished with 27 points and 21 rebounds, students and alumni gave the Pirates a standing ovation as they matched the Red Lions’ 18-game winning streak back in 2010. His drive past Nzeusseu with 1:27 left allowed San Beda to take the upper hand for the last time, 105-103.
October 20, 2017 03:45 UTC
Nine days after a barangay chair in Mandaluyong City was shot dead, authorities have arrested one of the suspects, a watchman from another barangay in the city. According to Cristy Garma, it was impossible for Calumba to be the gunman since the latter was at their barangay hall on the night of the crime. Calumba’s shift is from 10 a.m. to 6 p.m., but he stayed until late at night at the barangay hall,” Garma told the Inquirer. Two lawyers claiming to represent him have since appeared at the Mandaluyong police station to question Calumba’s warrantless arrest. Dela Cruz said the police should have filed a complaint first against Calumba and asked the court to issue a warrant for his arrest.
Source:Philippine Daily Inquirer
October 19, 2017 22:18 UTC
Abella said the +58 public satisfaction rating, which is “very good,” was higher than any of the ratings his predecessors got in the same period. ADVERTISEMENTThe SWS’ third quarter survey found that 71 percent of Filipino adults were satisfied and 13 percent dissatisfied with the administration, for a net satisfaction rating of +58. While remaining in the “very good” category, this was also six points below its “very good” +64 satisfaction rating in June. “I’m sure it’s a dip, you know, it’s like a hiccup,” Abella said in a press briefing. “Apparently, the people continue to trust the President to be able to bring them into the promises that they voted him in for.
Source:Philippine Daily Inquirer
October 19, 2017 20:26 UTC
Government bonds in the Philippines and other countries include savings bonds, treasury bonds and treasury inflation-protected securities. AdvertisementsBefore investing in government bonds, investors must assess various risks associated with the country, such as country risk, political risk, inflation risk and interest rate risk. Selling government bonds to finance the enormous challenge of rebuilding Marawi is legal, financially sound and politically correct. Selling bonds for rebuilding Marawi is also politically correct, because this way the government can foot the bill through a mechanism other than the national budget. Lastly, we want to stress here that the objective of the proposed Marawi rebuilding should not only be to rebuild Marawi into what it once was.
AdvertisementsThere is massive approval for President Duterte’s war against illegal drugs, a level of support that has never occurred for any other major government initiative ever. A harsh, even terrible reality that may be, but that is the national consensus, going by opinion polls. Significant is the finding that 73 percent of Filipinos, according to PulseAsia, believe that EJKs have occurred in the course of the war vs drugs. Most Filipinos are supportive of Duterte’s war against illegal drugs, yet they believe it has resulted in extra-judicial killings, and are even worried that they would be victims? If the term extra-judicial killing wasn’t really understood by the pollsters’ respondents, then their reports on Filipinos’ awareness of—and worry over EJKs—are therefore useless.
The cardinal therefore had no part in the March 2013 conclave that elected Pope Francis as Pope Emeritus Benedict XVI’s successor. It was at the runup to the 2005 conclave, at Cardinal Sanchez’s residence, on via Rusticucci, across St. Peter’s Square, where I heard that high praise for Cardinal Vidal. Since the conclave had not yet convened, the two Filipino cardinals were still free to indulge some questions from curious laymen. Cardinal Vidal made this one of his passions, and the Church is so much the richer because of it. My fondest hope and prayer is to see our beloved Ricardo Cardinal Vidal join the company of those he had helped to raise to the altar.
Golf pro Walter Hagen advised not to do either, for we are here only for a short visit, so why not stop and smell the flowers? Digong needs a vacation so he will know and remember what he is doing, and saying. The case against Leila should be dismissed on the ground of mistrial to educate one and all. Nowhere in the Constitution is Congress granted the right to detain one who exercises his right not to speak. And avoid wishful thinking like the UN taking over a failed bloody, messy drug war that has not succeeded anywhere.
GROWING interest on continuing professional and personal development (CPPD), be this be through seminars, workshops, conferences, etc. A number of entrepreneurial groups, including professional associations, conduct review seminars for licensure examinations, IELTS and for other purposes. One remark you may have heard is that lectures in some seminars are usually a repeat of the text on the power point slides, though differently worded. But first things, first— what are the major features of seminars worth our while? At end of seminar or through email, synthesis of the main ideas during the proceedings are given or sent to seminar participants.
October 19, 2017 18:22 UTC
VALLETTA: The shocking assassination of an influential anti-corruption blogger has brought to a head the public frustration at Malta’s stagnating institutions, bubbling away for years beneath the Mediterranean holiday island image. AdvertisementsAcademics, lawyers, friends of Daphne Caruana Galizia and mourners alike tell a common tale of failing confidence in the tiny country’s politicians, police, business culture and justice system. Monday’s fatal car bomb attack has left the country asking itself: if the most prominent critic of Malta’s institutions has been silenced in such a brutal way, who now will speak up? The whole country,” said Andrew Borg Cardona, a prominent veteran lawyer who is in practice with Caruana Galizia’s husband. To people who live here, it’s something we’ve come to live with,” Matthew Demarco, 30, a designer, said of the country’s practices.
October 19, 2017 18:22 UTC
Metropolitan Bank & Trust Co. will be taking full control of its credit card subsidiary, on Thursday announcing the buyout of Australia’s ANZ Funds Pty. AdvertisementsThe Metrobank Card Corp. (MCC) joint venture was formed in 2003 with Metrobank taking a 60-percent share and ANZ the remaining 40 percent. “The joint venture arrangement has created a lot of value for both partners as we transformed MCC into the number one credit card company in the Philippines. Data from the Credit Card Association of the Philippines showed MCC with over 1.5 million cards in use. We expect to leverage on better operational efficiencies as we eventually make MCC a wholly-owned subsidiary of Metrobank,” Dee added.
The Philippines is working with fellow Association of Southeast Asian Nations (Asean) members on initiatives that will help communities recover faster from the impact of natural disasters and climate change, the Finance department said. “We are working with the different Asean countries as well as our different agencies to improve catastrophic reinsurance, to improve the standards for construction of homes and buildings. We are working with [the]Department of Environment and Natural Resources and Department of Agriculture to mitigate the effects of climate change,” he said. Dominguez said climate change had led to flashfloods in Cagayan de Oro and Iligan, two of Mindanao’s highly urbanized cities, and in the major food-producing province of Bukidnon. The Parametric Insurance Pilot project will have quick-disbursing payouts where amounts will depend on loss triggers determined through a catastrophic risk model developed by the Finance department in 2014.
The government should retain incentives given to economic zone locators to encourage investments in the Philippines, the president of a Japanese business group said. Tax reforms proposed by government include a 12-percent value-added tax on local purchases of export-oriented companies, which official have said is necessary to help fund the ambitious “Build Build Build” infrastructure program. “We are supporting this tax reform but we also wish to maintain PEZA incentives. We really want to maintain the current PEZA incentives that we are receiving so any changes, we don’t want that,” Shiraishi said. The Senate version of a tax reform bill already passed by the House of Representatives retains the incentives, which Shiraishi said had tempered investor concerns.
The Trade deparment is looking to spend P330 million for programs aimed at assisting Marawi City residents displaced by five months of conflict. “We highlighted these interventions to make sure that the IDPs will have a source of livelihood once they go back. This proposal will be included in [the]overall rehabilitation because there’s a comprehensive rehabilitation program that was presented already,” Lopez said. “If we put in the public market rehabilitation which is important, we need [an]additional P 600 million. What we want is to make sure that they will have livelihood, market access and financing,” Lopez said.
HONG KONG: The seemingly unending run of records on Wall Street continued to help Asian markets on Thursday, with Tokyo also buoyed by a weaker yen but Shanghai slipped after data showed China’s economic growth moderating. Tokyo ended 0.4 percent up at a 21-year high — and a 13th straight gain that marks its best run in 30 years. The weaker yen was providing extra support, along with confidence in the global economy and expectations for a clear election win for Prime Minister Shinzo Abe on Sunday. Among other markets Sydney rose 0.1 percent and Singapore put on 0.6 percent while Wellington and Taipei also chalked up gains. But Hong Kong tumbled 1.9 percent, wiping out all gains seen in a five-day rally, while Shanghai slipped 0.3 percent after figures showed a slight dip in Chinese growth.
Enough money will be available to fund the Duterte government’s ambitious ‘Build Build Build” program, a Cabinet official claimed on Thursday. Advertisements“As far as the infrastructure is concerned there will be no problem with the budget; we are pursuing what we call an expansionary fiscal policy,” Budget Secretary Benjamin Diokno said in a panel discussion during the 43rd Philippine Business Conference and Expo. Both Socioeconomic Planning Secretary Ernesto Pernia and Finance Secretary have urged the Senate to revise its version of the proposed Tax Reform for Acceleration and Inclusion (Train) Act, revenues from which will be used to fund “Build Build Build”. The Duterte government has identified 75 game-changing projects to be prioritized, approved, and implemented under the “Build Build Build” program until 2022, of which 53 will cost almost P1.6 trillion. August infrastructure and other capital spending reached P40.1 billion during the month, up 18.1 percent compared with the P34 billion recorded a year earlier.