Do not put the interests of business groups over that of public school teachers, the Alliance of Concerned Teachers (ACT) asked the government on Thursday after six major professional associations cautioned against granting teachers an immediate P10,000 monthly raise. “The state is not a business and should not be run like one,” said ACT national chair Joselyn Martinez, who added that big business was quick to mobilize when rank-and-file workers asked for better conditions. The government should also consider “fiscal affordability and sustainability,” said the statement signed by Makati Business Club, Management Association of the Philippines, Action for Economic Reforms, Financial Executives Institute of the Philippines, Foundation for Economic Freedom and Philippine Business for Education. Benjo Basas, chair of Teachers’ Dignity Coalition, said the coordinated effort by private groups to counter the call of government employees for a salary hike was “unprecedented.” He also noted the business groups’ silence when Mr. Duterte doubled the pay of uniformed personnel. “Both teachers and uniformed personnel were pledged a pay hike by the President,” Basas said in an interview.
Source:Philippine Daily Inquirer
June 20, 2019 19:18 UTC
New ‘shipworm’ species found in Philippine River 0 SHARES Share it! Share TweetBy Richa NoriegaA new species of shipworm was found in the bottom of the Philippine River this week as introduced by an international group of scientists in Proceedings of the Royal Society B.Lithoredo abatanica is a shipworm organism known for their habit of eating wood. They use their shells, which attached on their bodies to chew, consumed ship bottoms and other submerged wood. According to the reports, the new shipworm species found in Abatan River in Bohol some years ago, in the expedition prepared by the French National Museum of National History. The researchers removed the transparent creatures from their hideaways and performed various tests and dissections.
June 20, 2019 16:30 UTC
Bangko Sentral keeps interest rates steadyhome/Business/Top Business/Bangko Sentral keeps interest rates steadyPolicymaking Monetary Board cuts 2019 inflation forecast to 2.7%MONETARY authorities on Thursday decided to pause on reducing interest rates on the back of a “manageable inflation outlook” and “firm domestic growth prospects.”The Bangko Sentral ng Pilipinas’ (BSP) overnight borrowing, lending and deposit rates remained at 4.50 percent, 5.00 percent and 4.00 percent, respectively, after the Monetary Board held its fourth policy meeting for 2019. Risks to the inflation outlook were also observed to be “broadly balanced” for 2019 and 2020, according to the central bank governor. BSP Deputy Governor Diwa Guinigundo also announced that monetary authorities had also cut its 2019 inflation forecast to 2.7 percent from 2.9 percent. Guinigundo said there was a reduction in the BSP global oil prices assumption this year from $68.90/barrel to $64.56/ba, and for 2020 from $67.10/ba to $61.35/ba. “These are appreciated rates compared to the May’s assumption of P52.06:$1 for 2019 and P51.78:$1 for 2020,” Guinigundo said.
June 20, 2019 16:18 UTC
PLDT’s 666,056,645 outstanding capital stockhome/Business/Business Columns/PLDT’s 666,056,645 outstanding capital stockCapital stock. When computed, the same PCD-held common shares were then equivalent to 11.784 percent of 666,056,645 outstanding common and preferred shares. Of 216,055,775 outstanding PLDT common shares, foreigners owned 107,596,928 PLDT common shares, or 49.80 percent of 216,055,775 outstanding common shares. Thus, of PLDT’s 666,056,645 outstanding capital stock, 366,055,775 shares were and still are voting shares divided into 216,055,775 common shares and 150 million preferred voting preferred shares. Regards,Jay-RDue Diligencer’s takeHere is another way of computing PLDT’s voting stock: 216,055,775 outstanding common shares plus 150 million PLDT voting preferred shares equals 366,055,775 outstanding voting shares.
June 20, 2019 16:18 UTC
TNT guns for solo lead todayBy THE MANILA TIMEShome/Sports/Top Sports/TNT guns for solo lead todayTNT KaTropa guns for the solo leadership when it battles Columbian Dyip at 4:30 p.m. today in Season 44 Philippine Basketball Association Commissioner’s Cup at the Cuneta Astrodome in Pasay City. TNT coach Bong Ravena cautions on underestimating Columbian Dyip (1-4 win-loss record). Columbian Dyip is pinning its hope on import Lester Prosper, who posted 26 points and 14 rebounds in his debut on Sunday. San Miguel Beer remains the strongest team here and we’re not paying attention to its record,” said Compton. San Miguel Beer (1-3) is keen to bounce back from a 107-110 defeat to Barangay Ginebra San Miguel on Sunday.
4 policemen, 3 others nabbed over online gaming, public drinkingBy DEMPSEY REYEShome/News/Regions/4 policemen, 3 others nabbed over online gaming, public drinkingFour policemen and three others were arrested on Wednesday evening in Quezon City for drinking liquor in public and engaging in online gaming. Police Col. Romeo Caramat Jr., officer in charge of the newly formed Integrity Monitoring and Enforcement Group of the Philippine National Police (PNP), identified the policemen as Staff Sgt. Ariel Pasion and Staff Sgt. The other arrested personality was a former policeman, identified as Fidel Agustin, and another was Leo Ocinar, a non-uniformed PNP personnel from the PNP Directorate for Personnel and Records Management. Authorities also arrested the owner of an online game establishment identified as Teddy Carpio.
SEAG hosting to push throughhome/News/Top Stories/SEAG hosting to push throughThe country’s hosting of the 30th Southeast Asian Games later this year will push through despite an ongoing row over who should be running the show. POC President Ricky Vargas earlier this week quit after the board questioned his involvement in the creation of Phisgoc and an allegedly questionable outfitting deal. Cayetano said he was surprised over Vargas’ resignation and declared that Phisgoc was “ready” in a news conference where POC Chairman Abraham Tolentino was also present. Cayetano, meanwhile, is hoping that the brewing war in the POC would finally end as the athletes and the hosting of SEA Games will end up the losers in the conflict. Tolentino, said POC Vice President Joey Romasanta — picked by the board to succeed Vargas — was not eligible for the post.
More demos set in HK until Lam quitshome/News/World/More demos set in HK until Lam quitsHONG Kong: Hong Kong student groups are preparing to mobilize support for another major demonstration, a union leader said, as a Thursday deadline approached for the pro-Beijing government to respond to demands of protesters who have shaken the city with massive rallies. Millions have marched this month to oppose a proposed law that would have allowed extraditions to the Chinese mainland, but the huge protest movement has morphed into a larger rebuke of Hong Kong’s administration. So told Agence France Press the student network would call for people to surround Hong Kong’s central government offices at 7 a.m. Friday if the Lam administration does not respond to demands. The Civil Human Rights Front, a group that helped facilitate the massive June 9 and June 16 rallies, said it would support any lawful and peaceful protest by student groups. The minority pro-democracy bloc in Hong Kong’s legislature would also back the students and urges them to remain peaceful, opposition lawmaker Claudia Mo told AFP.
Sarkozy to go on trial for corruptionhome/News/World/At a Glance/Sarkozy to go on trial for corruptionPARIS: France’s former president Nicolas Sarkozy to go on trial facing charges of corruption and influence peddling after losing his final bid to avert appearing in the dock, sources close to the case said Wednesday. The Court of Cassation, which rules on questions of law, said Tuesday that a trial was justified for Sarkozy as well as his lawyer Thierry Herzog and former judge Gilbert Azibert. The ruling was Sarkozy’s last hope of preventing the trial coming to court and the French judicial authorities have now approved sending the case to a criminal tribunal, according to a source close to the case.
Esports experiences dynamic global growthhome/Sports/Top Sports/Esports experiences dynamic global growthComputer gaming has evolved from its simplest form in the 1950s when its inventors realized that there was more to computer than mere academic use. While this began happening a few years ago, the Philippine esports scene is still considered in its infancy. These are the challenges of the local esports organizations, to help persuade and guide the would-be sponsors to the mysterious yet very big potential industry of esports. It is in this regard that “The Sedna Esports Organization” is ready to help by way of educating interested benefactors on the nitty-gritty of the esports program. It recently got a management overhaul and is now acquiring talents from all genres of the esports scene.
Iran shoots down American droneBy ASSOCIATED PRESShome/News/World/Iran shoots down American droneTEHRAN, Iran: Iran’s Revolutionary Guard said Thursday it shot down a US drone amid heightened tensions between Tehran and Washington over its collapsing nuclear deal. The US blames Iran for the attack on the ships, which Tehran denies. Iran’s paramilitary Revolutionary Guard, which answers only to Supreme Leader Ayatollah Ali Khamenei, said it shot down the drone Thursday morning when it entered Iranian airspace near the Kouhmobarak district in southern Iran’s Hormozgan province. Iran’s state-run IRNA news agency, citing the paramilitary Revolutionary Guard, identified the drone as an RQ-4 Global Hawk. Bill Urban, a US Central Command spokesman, declined to comment when asked if an American drone was shot down.
3 Kenyans found guilty for killing 148 peopleBy ASSOCIATED PRESShome/News/World/At a Glance/3 Kenyans found guilty for killing 148 peopleNAIROBI, Kenya: A Kenyan court Wednesday (Thursday in Manila) found three people guilty of conspiracy to commit a terror attack after phone records and handwriting linked them to the 2015 Garissa University assault that killed 148 people. Mohamed Abdi Abikar, Hassan Aden Hassan and Rashid Charles Mberesero will be sentenced on July 3, Chief Magistrate Francis Andayi said. These are the first convictions of the attack. A fourth person, Sahal Diriye Hussein, was acquitted. Kenyan court processes take time due to the backlog of cases that the judiciary is working to clean up.
India to surpass China as world’s most populous nationBy ASSOCIATED PRESShome/News/World/India to surpass China as world’s most populous nationIndia will overtake China as the world’s most populous country in a few years. According to the UN, population in China and India account for 37 percent of the entire global population of roughly 7.7 billion. Currently, China has about 1.4 billion while India has 1.3 billion. By 2027, India will have more people than China, the UN’s 2019 World Population Prospects report said. Pakistan will remain the world’s fifth largest country in terms of population.
Fashion icon ralph Lauren knightedBy ASSOCIATED PRESSLONDON: Ralph Lauren has collected an accolade from Prince Charles and it’s a doozy: Honorary Knight Commander of the Most Excellent Order of the British Empire for Services to Fashion. The designer was presented with the insignia, bestowed by Queen Elizabeth 2nd, in a private ceremony Wednesday at Buckingham Palace. A company statement says Lauren is the first American designer to be recognized with an honorary knighthood. Ralph Lauren Corp. has donated to a breast cancer research center in London and plans to financially support a second center as well.
Saudi prince behind Khashoggi murder — UNhome/News/World/Saudi prince behind Khashoggi murder — UNGENEVA: There is “credible evidence” linking Saudi Crown Prince Mohammed bin Salman to journalist Jamal Khashoggi’s murder, a UN expert said Wednesday (Thursday in Manila), calling for sanctions on the prince’s foreign assets. The conclusion was outlined in a report by the UN special rapporteur on extrajudicial, summary or arbitrary executions, Agnes Callamard. Callamard, an independent human rights expert who does not speak for the United Nations but reports her findings to it, called on UN Secretary-General Antonio Guterres to initiate an international criminal investigation into the case. She told reporters in Geneva it was clear “the execution of Mr Khashoggi was the responsibility of the state of Saudi Arabia.”Callamard added in her report: “There is credible evidence, warranting further investigation of high-level Saudi Officials’ individual liability, including the Crown Prince’s.”Saudi Minister of State for Foreign Affairs Adel al-Jubeir slammed Callamard’s report, insisting on Twitter it “contains clear contradictions and unfounded allegations, casting doubt on its credibility.”Khashoggi, a Washington Post contributor and critic of Prince Mohammed, was murdered at the Saudi consulate in Istanbul on October 2. His dismembered body has not been found.