It’s a dream measure for the millions of Filipinos for whom decent health care is a luxury beyond their reach. President Duterte has signed the Universal Health Care Law, which expands the services covered by state health insurance and intends to include all Filipino citizens in the program. As things stand, the country’s health care facilities, whether state-run or in the private sector, cannot meet the demand. Quality health care facilities and equipment, however, require substantial investments that only a few hospital operators can afford. Will there be enough medical professionals to handle universal health care coverage?
MANILA, Philippines — Flag carrier Philippine Airlines (PAL) continues to take steps toward becoming a 5-Star airline as it moves to upgrade to a more advanced passenger service system next month. “We are looking forward to launching a more reliable and passenger-friendly system that is designed for the needs of our customers,” PAL president and chief operating officer Jaime Bautista said. “This system will serve as the technology backbone of our business, and it follows naturally from the recent innovations and service upgrades that have won for PAL the 4-Star Global Airline Rating and the recognition as the World’s Most Improved Airline,” Bautista said. The upgrade to the new system will take place on the third week of March. “PAL aims to enhance passenger satisfaction with a smoother booking-to-boarding experience at different points of contact,” it said.
MANILA, Philippines — Two more companies are joining the growing pool of firms that are keen on helping the country improve telecommunication services through the construction of at least 5,000 new common towers annually. The Department of Information and Communications Technology (DICT) signed yesterday a memorandum of understanding (MOU) with JS Cruz Construction and Development Inc., a local Triple A contractor, for common tower development cooperation. Delos Reyes said the company is set to take in a foreign partner to help bolster its offering under the common tower program. JS Cruz Construction is now the 12th company which the DICT has inked another MOU with. Rio said his agency is expected to sign an MOU with the 13th aspiring common tower provider next week.
In a statement, the Treasury said the national government’s fiscal position registered a deficit of P558.3 billion in 2018, wider than the P523.7 billion original cap set by economic managers. Despite this, Finance Secretary Carlos Dominguez said the country’s deficit-to-GDP ratio remains “manageable.”A deficit happens when government spending exceeds the revenues it generated. According to BTr data, the country’s revenues last year amounted to P2.85 trillion, slightly breaching the P2.846 trillion program. In particular, the government’s tax collections in 2018 increased by 14 percent to P2.56 trillion from P2.25 trillion in 2017, but fell behind the P2.68 trillion tax revenue program. Broken down, P1.95 trillion of the total tax revenues of the government was collected by the Bureau of Internal Revenue (BIR).
MANILA, Philippines — Panlilio-owned Boulevard Holdings is selling its entire portfolio of condominiums to fund its resort developments. BHI said it has several mini-penthouse units near the Enterprise Tower in Makati, a penthouse in Ortigas and several office condo units in Makati. During the audit of SGV, a permanent affiliate of EY International, the accountants relied on the latest fair market appraisals of BHI’s assets. The company also has investments in Friday’s Holdings Inc., owner and operator of Friday’s Boracay Island Beach Resort in Boracay Island, Aklan; Friday’s Puerto Galera, owner of Friday’s Puerto Galera Beach Resort in Boquete Island, Sto. Nino, Puerto Galera, Oriental Mindoro and Crown One Land, a part owner of Friday’s Boracay Beach Resort.
The two companies launched a new innovation that lets commuters reload their beep cards online. The web platform, justpay.to/beep, will allow commuters to load their cards using credit cards, debit cards, bank account, cash, and even digital currency. We are happy to partner with JustPayto to bring this service to our 5.5 million cardholders,” AF Payments chief executive officer Peter Maher said. Its tap-and-go payment system, the beep card, is available for use in all three elevated railways (LRT-1, LRT-2 and MRT-3), select bus lines, and CAVITEX. He said AF Payments also intends to make loading more convenient and release a new version of the beep app with more functionalities.
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is set to craft the operational details of the planned issuance of negotiable certificate of indebtedness under its revised charter. BSP Deputy Governor Maria Almasara Cyd Tuaño-Amador told reporters the signing of Republic Act 11211 by President Duterte last Feb. 14 gave monetary authorities an expanded toolkit as its authority to issue debt papers was restored. “The restoration of the authority to issue central bank debt papers, as with other central banks, enables them to use these instruments, particularly during times where you have a surplus. The amended BSP charter removed the condition that the issuance of certificates of indebtedness will be made only in cases of extraordinary movement in price levels. Amador said the issuance of debt papers by the BSP would not compete with the issuance by the national government through the Bureau of the Treasury (BTr) such as retail treasury bonds (RTBs), treasury bills (T-bills), and treasury bonds (T-bonds).
The unseen burdens of air and noise pollution also hamper our athletes’ training, unnoticed. Not since the Marcos era have we seen a multi-sports facility (PhilSports) constructed. The paradox is that athletes naturally need to train in private, but the facility must also accommodate large crowds for events. In all, how many times are these outdoor venues used to accommodate spectators? There are some sports that make do with not needing to hold a crowd in their training facility.
MANILA, Philippines — Under fire for his proposal to remove scholarships from “anti-government” students, National Youth Commission (NYC) chairman Ronald Cardema said he was merely reviving an earlier idea of President Duterte. Speaking with The Chiefs aired on Cignal TV’s “One News” on Thursday, Cardema said he merely based his proposal on an earlier threat made by the President against protesters. He appeared to be referring to a remark made by Duterte last year after students staged a nationwide walkout to protest against his government’s policies. Cardema said he was only calling for the removal of government scholarships of “very, very few” anti-government scholars who have already joined or are supporting the NPA. Año also noted that President Duterte himself had said students directly helping the communist rebels will have their scholarships revoked and may also be charged with rebellion.
MANILA, Philippines — The Metropolitan Manila Development Authority (MMDA) closed six roads to traffic last night to give way to road repairs of the Department of Public Works and Highways (DPWH). C-5 Road’s southbound lanes between Lanuza Avenue and the Bagong Ilog flyover; C-5 Road in front of SM Aura; and EDSA’s third southbound lane, from Ermin Garcia to Monte de Piedad streets, were closed to traffic, the MMDA said. The first northbound lane from Fairview Avenue’s center island, from Atherton to Regalado Avenue North, and from R. Magsaysay Boulevard (going to Cubao) to Pureza street were also closed to motorists. The MMDA also closed the lane along Commonwealth Avenue near the Riverside overpass to give way to restoration works of Maynilad Water Services Inc. The MMDA urged motorists to look for alternate routes as the roads will remain closed until Monday morning.
VATICAN CITY – Survivors of clerical pedophilia related their traumatic experiences to the world’s top bishops on Thursday at a landmark summit at the Vatican on the protection of minors. “At first I trusted him so much that I did not know he could abuse me. I was afraid of him, and every time I refused to have sex with him, he would beat me. “And since I was completely dependent on him economically, I suffered all the humiliations he inflicted on me.”“An encounter with a priest hurt me. “The other thing that hurt me was the bishop to whom, after many years, as an adult, I talked about the incident...
Javi studied elementary and high school in Xavier School, Class of 2008 and 2012 respectively. He had his first taste of histrionics in college as lead actor of a school play for the Filipino Club. In high school, I stopped playing badminton but continued to be part of the football varsity and debate team. I was the class president of my junior year high school Section A. I was also part of the first class of International Baccalaureate (IB) in XS. My dream leading lady is Maja Salvador because she’s sexy, smart, and sweet yet badass.”How did you develop such a beautiful body?
Index manages to rise despite fears of global slowdownMANILA, Philippines — Traders said market investors managed to stay positive despite fears of a global economic slowdown. The benchmark Philippine Stock Exchange index rose by 30.83 points, or 0.38 percent, to finish at 7,962.13Likewise, the broader All Shares gauge rose 26.83 points or 0.55 percent to settle at 4,883.83. Despite some market optimism, however, the financials and mining and oil indices finished in negative zone. “Stocks in the Philippines managed to climb higher despite fresh economic data out of Europe and Japan suggesting further slowing in global growth. The fears about a worldwide slowdown were somewhat muted by reports that US and Chinese negotiators were beginning to outline a deal to end a long-running trade spat,” said Luis Limlingan, managing director at Regina Capital.
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has streamlined licensing requirements for banks and financial institutions that intend to offer electronic payment and financial services (EPFS). However, BSFIs that advanced services allowing clients to transfer funds from one account to another and initiate other financial transactions still require BSP approval. The BSFIs are also required to submit certain documentary requirements to eventually obtain an EPFS license. The BSP said all previously licensed and operational EPFS of banks and financial institutions need to re-register with the regulator on March 31. To optimize the benefits of interoperability, banks and financial institutions are required to adopt marketing strategies that effectively promote EPFS.
MANILA, Philippines — A Filipino-made mobile application was recently recognized by the United States’ National Aeronautics and Space Administration (NASA) for its vision of providing fishermen with scientific data that could help in their everyday lives. “I am deeply impressed by team iNON’s fantastic achievement in defeating teams from around the world to win first place in the Galactic Impact category of the NASA Space Apps Challenge,” said Kim. ISDApp aims to communicate crucial information about real-time weather and sea conditions to fisherfolk, including those who do not have smartphones. “May the fish be with us.”The group said they intend to incorporate more NASA data to provide more information such as tide and water temperature. Space Apps is an international hackathon organized by NASA to tap coders, scientists, designers, storytellers, makers, builders, technologists and other stakeholders to come together to address challenges.