Foreigners will be allowed full ownership of investment houses under planned changes to the Philippines’ Foreign Investment Negative List (FINL), a socio-economic planning official said. Rosemarie Edillon, undersecretary for policy and planning at the National Economic and Development Authority (NEDA), said the 11th FINL was being finalized for approval by the NEDA board next month. Edillon explained that foreign ownership of investment houses is currently limited to 40 percent. The FINL identifies economic activities that are closed to foreign investors or where restrictions have been set on foreign ownership by the 1987 Constitution or other laws. Provided for under the Foreign Investments Act of 1991, the latest FINL issued on May 29, 2015 by then-President Benigno Aquino 3rd via Executive Order 184.
August 21, 2017 17:03 UTC
Singapore-based logistics firm Ezyhaul plans to launch in the Philippines next year as part of its Southeast Asian expansion. “We are indeed planning to expand to the Philippines late 2018,” Ezyhaul Co-founder and Chief Executive Officer Raymond Gillon told The Manila Times in an email. According to the company’s website, Ezyhaul, which operates on an Uber-like platform, aims to transform the world of transportation logistics by building an ecosystem around shippers, transportation companies, authorities, and third party service partners, connected through the Internet of Things. Currently, Ezyhaul has over 1,000 trucks registered in its network in Malaysia. It hopes to have at least 3,000 registered trucks in the next 12 months.
August 21, 2017 17:03 UTC
Ushering a revolution in detection and management of prostate cancer, the Chinese General Hospital and Medical Center (CGHMC) in Manila recently acquired the world’s first Koelis Trinity fusion biopsy technology with transperineal probe for clinical use, from Transmedic Philippines. “For the past 35 years, prostate cancer diagnosis requires a transrectal ultrasound-guided needle biopsy. The Koelis Trinity fusion biopsy technology allows for an unmatched superiority in the localization of prostate cancers. Since then, the accumulated results prove the Koelis Trinity fusion biopsy technology is superior. With its accuracy, effectiveness and patient safety, the procedure will be the new gold standard in prostate cancer detection today and in the years to come.
Although we’ve heard many stories of people finding work abroad by themselves, not many of our kababayan are aware that direct hiring is actually banned in the country. Section 123 of the 2016 Revised POEA Rules and Regulations prohibits foreign employers from directly hiring Filipinos for overseas jobs. This ban on direct hiring, however, has a few exceptions. But being an exception, the direct hiring of Filipinos require the approval of the Secretary of the Department of Labor and Employment (DOLE). This is why public policy dictates that direct hiring should be the exception rather than the rule.
Lito said on Monday that a congressman had agreed to endorse the complaint but he did not identify the lawmaker. “We already have secured the commitment of at least one congressman, who will accompany us when we formally file the impeachment complaint against Comelec Chairman Juan Andres Bautista on Wednesday at 1 p.m. before the House secretary-general,” Luna told The Manila Times in a phone interview. Luna said his clients were impelled to file the complaint against Bautista for betrayal of public trust and for culpable violation of the Constitution. Speaker Pantaleon Alvarez earlier said that Bautista should consider resigning from his post. He added that the allegations of corruption and money laundering were serious, thus the House Committee on Justice will determine if the impeachment complaint to be filed is sufficient in form and in substance.
Nanjing University of Chinese Medicine (NJUCM) and Si En Traditional Chinese Medicine Institute recently collaborated to launch their TCM courses and make them available to Filipino students. The launch was held by the two schools at a news conference at Kamuning Bakery in Quezon City last week topromote Traditional Chinese Medicine not only in the Philippines but also globally. Dr. Hwee Chin also represents Nanjing University from which she graduated with a master’s degree in Chinese medicine. “Neurology and psychiatry are courses which may be learned aside from medical acupuncture in TCM,” Dr. Tan Cho-chiong, certified medical acupuncturist, said. “Taking this course for three years will cost around P150,000 in total,” Dr. Hwee Chin said.
The biggest source of smuggling was the petroleum industry, which accounted for P680 billion worth of smuggled products. Smuggling short-changes the government of highly important funds; at the same time it hampers the productivity and efficiency of affected industries. As in the past, the key to improvement in fighting smuggling is better administration, more transparency and less red tape. We are also mindful of the contribution that dynamic and vigilant industry associations can make toward improving performance in fighting smuggling. The more government and industry work together in this area, the better we will fare in fighting smuggling in the country.
The rain, wind and surroundings were tough that night but my taxi driver was my saving grace. The headlines about the potential discontinuation of these global transportation alternatives operating in unique local market conditions caught my attention. While these cheerful posts were circulating just in time for the onset of the inconvenient rainy season in the Philippines, the memory of my lovely London taxi driver came rushing back. According to Michael Czinkota, a professor at Georgetown University and the University of Kent, freedom is an effect of international marketing. If I have to choose an adventure in the absence of a comfortable cab ride in the middle of a storm, I would like to gracefully dance the cha-cha in the rain.
His teammate John Chicano crossed the finish line in 2:01.27 (21:49 in swim, 1:01:23 in bike and 37:34 in run) to secure the silver medal. Kim Mangrobang shared the spotlight by snaring the gold medal in the women’s division. She registered 2:11.14 to earn the gold medal. So far, the archery team had won one silver and four bronze medals. The Filipino archers will shoot for a gold medal in the mixed event scheduled today.
IF there is one death from the drug war waged by President Duterte that may just redraw the narrative, it will be that of Kian delos Santos, dead at the age of 17. He underestimated the magnitude and extent of the drug problem, even as he over-estimated the capacity of government agents to quell it. It is in this context, perhaps, that Kian is dead at 17. Faced with an unfulfilled promise to eliminate the drug problem in six months, the President must now recalibrate his drug war. The President has been brandishing a list of bigtime drug lords and narco-politicians, which in all certainty will not include the name of a Kian delos Santos, now dead at 17.
I thought mistakenly that these sensational killings were the straw that would break the back of the drug war. The PNP was taken off the drug war for a brief time, only to return with even more ferocity. The signs and sounds of overt opposition to President Duterte and his brutal drug war are more persistent and widespread now. It’s no longer just the usual suspects from the Liberal opposition and the yellow cult who are crying foul against the drug war. Police accountability and the budgetBeyond public hearings, Congress—both chambers—must move toward making the police fully accountable for its actions in the drug war.
THE Public Attorney’s Office (PAO) has found the element of treachery in the death of 17-year-old Kian de los Santos at the hands of Caloocan City policemen, as anti-crime advocates called for an independent probe into the alleged extrajudicial killing. De los Santos succumbed to three fatal gunshot wounds including a “treacherous wound” at the back of the body, she said. Letter from parentsAcosta promised justice to de los Santos’ family and said PAO would file murder charges against the police. Caloocan City police claimed they fired back at de los Santos, who allegedly fired at them with a .45 pistol, as he tried to escape on the night of August 16. Fajardo also said the policemen involved in the killing didn’t know de los Santos was a minor.
Do we still carry these factors in the determination or shaping of federated areas? What factors are considered in a 60-40 allocation of taxes and natural wealth in favor of federated areas? Why pursue 80-20 in favor of federated areas? Asset mapping could also aid federated areas to define a long term development plan and not a seasonal one dependent on political winds. One critical component in any shift to federal is the ability to come up with an asset list based on a mapping of existing resources, industries, products produced, exports, tourism, among others.
Senator Win Gatchalian on Monday said he would file a bill requiring policemen to wear body cameras to collect video footage of all drug raids implemented by authorities following the death of 17-year old Kian Loyd “Ian” delos Santos at the hands of police anti-illegal drugs operatives. “Footage collected from police body cams would provide concrete evidence to hold police scalawags administratively and criminally liable for violating their oath to serve and protect the people,” Gatchalian said. The bill proposed by Gatchalian would require that all law enforcement personnel authorized to conduct anti-illegal drugs operations be equipped with body cameras during said operations. To ensure strict compliance with the body cam policy, law enforcement personnel who engage in a raid, buy-bust operation, or other anti-illegal drugs operation without recording the required video footage will be summarily suspended pending investigation. “The video footage will separate the decent, law-abiding policemen from the scalawags.
August 21, 2017 16:07 UTC
But she noted that proper nutrition, especially in the first 1,000 days, can be a significant game-changer for the government as it battles malnutrition and poverty. An advocate of the First 1,000 Days program, Poe said local government units hold a key role in ensuring proper nutrition is given to mothers and children. “In that way, Quezon province will serve as a model for other provinces to follow,” Poe said. The provincial government has expanded its First 1,000 Days program to include more beneficiaries from 39 municipalities and two cities in the province. According to studies, proper nutrition prevents more than one-third of child deaths per year and improves school attainment, which can lead to smarter and better workers, increase wages and eventually reduce poverty.
August 21, 2017 16:07 UTC