Tuesday, November 1, 2011

01 NOVEMBER 2011, Tue, 0705h

USD1.00=Php42.591    Prev=43.141     PDS FX Rate  28-October-11 
PSEi     4,333.72     66.22     +1.5517%    FRI OCT 28, 2011 13:00:00 PM 

Philippines


Cheers and fears as world population hits 7 billion

Pakistan Daily Times - 
Asia welcomed the first of the world's symbolic “seven billionth” babies Monday, but celebrations were tempered by worries over the strain that humanity's population explosion is putting on a fragile planet.


President Aquino, siblings visit a day early to avoid a fuss

Inquirer.net - 
PRIVATE TIME President Aquino visits the tombs of his parents—President Corazon C. Aquino and Sen. Benigno “Ninoy” Aquino Jr.


Palace to probe attack on striking PAL workers

Inquirer.net - 
Malacañang on Monday said it would investigate the recent attack by goons on protesting former workers of Philippine Airlines in Pasay City, while calling on both management and the union to “exercise sobriety.


New blows to peace

Inquirer.net - 
Viewed from Mindanao, prospects for long-term peace in the Philippines suffered four major blows during the past weeks. First was the indefinite suspension of the peace talks between the Philippine government (GPH) and the rebel National Democratic ...


US-based Pinoy priest charged with pornography hiding in Phl?

Philippine Star - 
MANILA, Philippines - A Filipino priest reportedly facing charges of theft and possession of pornographic materials in the United States is believed to be hiding in the ...


Hold departure order vs Ligots

Inquirer.net - 
Justice Secretary Leila de Lima on Monday directed the National Prosecution Service to immediately secure a hold departure order to prevent former military comptroller Jacinto Ligot and his wife Erlinda from slipping out of the country.


Gov't would rather house rebels, says solon

Inquirer.net - 
MANILA, Philippines—Zambales Rep. Mitos Magsaysay on Monday criticized the government's decision to allot P31 million for housing and livelihood assistance to former communist hitmen, saying that this could cause demoralization ...


GMA's health condition OK, says DOH chief

Philippine Star - 
MANILA, Philippines - Health Secretary Enrique Ona has checked on the condition of former President and now Pampanga Rep. Gloria Macapagal-Arroyo, who is facing various ...


JI leader believed killed in air strike

Philippine Star - 
ZAMBOANGA CITY ,Philippines - The military is verifying reports that a Malaysian Jemaah Islamiyah (JI) terrorist was among the five militants killed in an air strike launched by ...


Ram Revilla's killers known?

Journal Online - 
AUTHORITIES already know the identities of at least four suspects in the killing of Ram Revilla, half brother of Sen. Bong Revilla, who was attacked along with his girlfriend at his home inside a posh subdivision in Parañaque City Friday.


Security tight in Metro Manila cemeteries

Inquirer.net - 
Thousands of Filipinos trooped to public and private cemeteries Monday morning to visit the tombs of their departed loved ones, according to reports on Radyo Inquirer.


Doe To Implement Open Access By Second Semester Next Year

Manila Bulletin - 
MANILA, Philippines - The Energy Department is pushing for the implementation of open access and retail competition (OARC) in the second half of 2012.


Parents, siblings 'sympathize' more with killer

Journal Online - 
LINGAYEN, Pangasinan - The officers and members of the Pangasinan Police Provincial Office led by Senior Supt. Rosueto Ricaforte mourn the sudden death of Supt.


QC picks up unpaid water bills of police

Malaya - 
The Quezon City government has partially settled the overdue debts of the QC Police District (QCPD) to the two concessionaires of the Metropolitan Waterworks and Sewerage System (MWSS) upon learning that the National Capital Region Police Office ...


MMDA mulls pay hike for traffic enforcers

Journal Online - 
THE Metropolitan Manila Development Authority is planning to increase the salary of traffic enforcers because of the risky nature of their job.


SC affirms drug trafficker conviction

Journal Online - 
THE Supreme Court upheld the conviction of a Chinese national arrested at the Ninoy Aquino International Airport in September 1991 for trafficking illegal drugs.


Lawmakers seek funeral discount for poor

Philippine Star - 
MANILA, Philippines - Two lawmakers are seeking a 50-percent discount in funeral services for poor families. “In the Philippines, dying has become as costly as living.


Zambo village leader gunned down

ABS CBN News - 
ZAMBOANGA CITY, Philippines - A village councilor in Zamboanga City was gunned down while his wife was seriously injured after they were shot by unidentified assailants Sunday evening along Maria Clara Lobregat ...


UPIS suicide baffles police

Manila Bulletin - 
MANILA, Philippines - A man hanged himself while a school teacher jumped to her death and got impaled in a steel fence of a school in separate suicide incidents in Quezon City Monday, a day before Filipinos observe All Saints' Day or ...


Filipinos embracing Halloween tradition

gulfnews.com - 
Manila: The commercially-driven Halloween tradition is taking a foothold in the Philippines, but the influential Catholic Church has nipped this enthusiasm in the bud by calling the event anti-Christian and a ...

Business


Qantas says flights back on schedule

ABC Online - 
Qantas says domestic flights are back on schedule as the airline tries to move a backlog of passengers stranded by the grounding of more than 100 aircraft at the weekend.


Doe To Implement Open Access By Second Semester Next Year

Manila Bulletin - 
MANILA, Philippines - The Energy Department is pushing for the implementation of open access and retail competition (OARC) in the second half of 2012.


Court orders billionaire Macario Gaw Jr. arrested for tax evasion

Inquirer.net - 
The Aquino administration's campaign against big-time tax cheats has scored another major legal victory. The Court of Tax Appeals (CTA) has ordered the arrest of billionaire businessman Macario Gaw Jr.


Price of gasoline down, diesel up

Inquirer.net - 
MANILA, Philippines—Local oil companies raised the price of their diesel by P1 a liter and of kerosene by 50 centavos a liter beginning Tuesday to reflect the latest movements in the price of oil in the global market.


Gov't net borrowings stood at only P9.7B in first 9 months

Inquirer.net - 
The government's financing position in the nine months to September showed a net borrowing of P9.7 billion, or just 3 percent of the P309.5 billion recorded in the year-ago period, according to the Bureau of the Treasury.


MF Global Files for Bankruptcy as Broker-Dealer Unit Liquidates

BusinessWeek - 
Oct. 31 (Bloomberg) -- MF Global Holdings Ltd., the holding company for the broker-dealer run by ex-Goldman Sachs Group Inc. co-chairman Jon Corzine, filed for bankruptcy protection as it seeks to reorganize after making bets on European sovereign debt ...


Non-US origins may pick up Philippine maize order if duty waived

AgraNet (subscription) - 
THE Philippines could soon be in the market for maize to cover losses from typhoons that cannot be replaced by feed wheat and the latest Asian buying patterns might mean it turns to non-US sources.


FOREX-Yen wary of more intervention, euro sags

Reuters - 
SYDNEY, Nov 1 (Reuters) - The dollar pulled back slightly from a three-month peak against the yen on Tuesday as the impact of Japan's massive intervention faded a touch, while the euro came under renewed pressure amid growing doubts over a ...


Draghi does not fit Italian stereotype

Financial Times - 
Central bankers are pretty much the only group in society supposed to answer “trick” rather than hand out sweeties on Halloween.


Carriers bag Clark-Malaysia seats

BusinessWorld Online Edition - 
THE CIVIL Aeronautics Board (CAB) has granted seat entitlements to AirAsia Philippines, Inc. and South East Asian Airlines, Inc. (Seair) for flights between Clark and destinations in Malaysia.


China's Hu says Europe can save its own economy

euronews - 
But speaking during a visit to Austria, Hu Jintao made no offer to buy any more European government debt with details awaited on investment options for the EU's rescue fund.


Oil rises 18% in October on hopes of higher demand

Economic Times - 
NEW YORK: Oil soared 17.7 percent in October on the expectation that the world's thirst for petroleum would keep growing despite economic struggles in the West.


Toyota to cut N.America output on Thai floods

Malaya - 
TOKYO - Toyota Corp. said it would cut production in North America after flooding in Thailand interrupted auto part supplies. To conserve parts, Toyota said it would suspend production on Oct. 29 in Indiana, Kentucky and an engine production facility ...


For Obama, This G20 Is More About Europe

NPR - 
by AP WASHINGTON (AP) - Early in his presidency, Barack Obama went to London for his first world economic summit as a global rock star - the US president who as a candidate could command giant crowds at home in Denver or abroad in Berlin.


Indonesia needs early preparation for ASEAN Community 2015: experts

Philippine Star - 
JAKARTA (Xinhua) - Indonesia needs to prepare itself earlier before the implementation of the ASEAN Economic Community 2015, experts said here on Monday.


These Three Stocks are Bouncing Higher Today

Wall St. Cheat Sheet - 
Despite the broader markets trading lower today, at least three companies' stocks are jumping higher by at least 5%. Following is some information on what is driving these outliers higher.


Vanguard (Finally) Moves Into International Bond Funds & ETFs

Barron's (blog) - 
Mutual funds giant Vanguard says it'll move to close perhaps one of the biggest gaps in its lineup - international bonds. The company's CEO Bill McNabb confirmed today that the company is planning to launch funds that'll broadly track ...


CMS Energy To Trade Ex-Dividend

Forbes - 
Looking at the universe of stocks we cover at Dividend Channel, on 11/2/11, CMS Energy Corp (NYSE: CMS) will trade ex-dividend, for its quarterly dividend of $0.21, payable on 11/30/11.


Vietnam, Japan nuclear project intact despite Fukushima

Reuters - 
TOKYO (Reuters) - Japan and Vietnam on Monday reaffirmed their plan to build a nuclear power plant in the Southeast Asian country using Japanese technology, even as Tokyo still struggles to put the world's worst nuclear accident in 25 years under ...


Aboitiz Power plans 2 Luzon hydro projects

Manila Standard Today - 
SN Aboitiz Power Inc., joint venture between SN Power of Norway and Aboitiz Power Corp., plans to build two hydroelectric power plants with a total combined capacity of 300 megawatts in Luzon, a ranking company official said over ...



Sports


Pacquiao vs. Marquez: Fight Only Increases Appetite for Floyd Mayweather Bout

Bleacher Report - 
Manny Pacquiao is preparing for his fight with Juan Marquez, however, instead of getting fired up for this fight most boxing fans just grow hungrier for Pacquiao vs.


Cubs edge closer to historic win

Philippine Star - 
San Beda's Arvin Tolentino (15) powers his way against La Salle's Andre Paras (right) and Angelo Vito (16) for an undergoal shot as teammate Antonio Bonsurbe (left) looks on ...


Mis Oriental pugs shine but Zambo bets keep overall title

Manila Bulletin - 
ZAMBOANGA CITY, Philipppines - Misamis Oriental ruled the boxing event on the final day of competition but that did not stop the host city from winning the overall championship in the Mindanao qualifying leg of Batang Pinoy 2011.


David is week's best in pba

Inquirer.net - 
HOT-SHOOTING Powerade wingman Gary David bounced back in a huge way from two sorry games as he registered a new career-high of 42 points, good enough to notch him Player of the Week honors in the ongoing PBa Philippine Cup.


Fast start

BusinessWorld Online Edition - 
Fast starts are not necessarily new for the Rain or Shine Elasto Painters in the Philippine Basketball Association. In their half-decade in the local pro league, they have had their share of league pacing in the early ...


Five title bouts mark return of URCC-Colt 45

Philippine Star - 
MANILA, Philippines - Action in the Universal Reality Combat Championship (URCC) shifts back to the Big City this Saturday after a series of blockbuster events in the provinces when the Colt 45-URCC XX is staged at the World Trade Center in Pasay City.


Corteza shocks Orcollo, wins SMB Oktoberfest 9-ball title

Inquirer.net - 
FORMER National Open champion Lee Vann “The Slayer” Corteza lived up to his moniker by beating world No. 1 and reigning world 8-ball champion Dennis “Robocop” Orcollo, 11-8 late Sunday, to rule the Masters category of the 2011 San ...


Pacquiao on cover of Newsweek

ABS CBN News - 
MANILA, Philippines - Filipino boxing icon and pound-for-pound king Manny "Pacman" Pacquiao is featured on the cover of Newsweek magazine's Philippine and Latin America editions this week.


Blue Eagles, Lady Falcons soar in PSC-UniGames

ABS CBN News - 
ROXAS CITY, Capiz, Philippines - The Ateneo Blue Eagles and Adamson U Lady Falcons bagged the basketball gold medals on the final day of the week-long 16th Philippine Sports Commission-University Games (PSC UniGames) before aa full-house crowd at the ...


Cardinals manager Tony La Russa announces retirement 3 days after winning 3rd ...

Washington Post - 
ST. LOUIS - Tony La Russa retired as manager of the St. Louis Cardinals on Monday, three days after winning a dramatic, seven-game World Series against the Texas Rangers.


Arsenal no one-man team, says Wenger

Sydney Morning Herald - 
Arsene Wenger has denied the suggestion Arsenal captain Robin van Persie's sensational form has made the Gunners a one-man team.


Federer back in the groove

The Press Association - 
Roger Federer began his quest for a fifth Swiss Indoors title with a 7-6 (7-3) 6-4 first-round victory over Italy's Potito Starace in his home town of Basle.


Azkals U23 leave today, target first SEAG medal

Philippine Star - 
MANILA, Philippines - Seeking to sustain the gains of the senior Azkals and toughened up by a weeklong training in Japan, the Phl men's under-23 team leaves for Jakarta today to ...


Rex Ryan applauds the Steelers

ESPN (blog) - 
New York Jets head coach Rex Ryan knows the challenge of beating the New England Patriots. That is why Ryan tipped his cap to the reigning AFC champion Pittsburgh Steelers on Monday.


UFC champion St-Pierre on Diaz: 'It's the fight I want'

TSN - 
TORONTO -- UFC welterweight champion Georges St-Pierre reiterated Monday that he wants a piece of Nick Diaz. St-Pierre was due to fight Carlos (Natural Born Killer) Condit next but asked UFC president Dana White to change his schedule after Diaz called ...


Two Economists Explain the NBA Lockout

Grantland (blog) - 
Tyler Cowen and Kevin Grier and both economists. They are also both basketball fans. Here's their take on the NBA lockout. In the NBA, it's the owners who have the gold and care the least.


PH player: King of Pool no more?

Inquirer.net - 
I dread the day when the Filipino billiards player is no longer king of pool. Still, recent events would show they could be true. Once considered the most-feared assembly of players in the world of pool, that tag is slowly being ...


Lakers' Halloween costume ideas

Los Angeles Times (blog) - 
Finally, we can avoid talking about the NBA lockout and dive into more important issues. You know, such as, what Halloween costumes would suit various Lakers.


Bravo ton puts Windies in control

ABC Online - 
Darren Bravo cracked his maiden Test century to put the West Indies in command on the third day of the series-deciding second and final Test against Bangladesh on Monday.


Vietnamese rule V-League Invitational tourney

Inquirer.net - 
THE VISITING Vietnam proved to be rude visitors as they claimed the title in the V-League Invitational Club Championship with a thrilling five-set win over the Philippine Army over at the Arena in San Juan City.

Southeast Asia


Cheers and fears as world population hits 7 billion

Pakistan Daily Times - 
Asia welcomed the first of the world's symbolic “seven billionth” babies Monday, but celebrations were tempered by worries over the strain that humanity's population explosion is putting on a fragile planet.


12 seriously hurt as train slams into fuel tanker

Malaysia Star - 
KOTA KINABALU: A train carrying 200 passengers collided with a fuel tanker at an “unmanned” railway crossing, causing a massive explosion in Kepayan here.


Thai floods response sparks anger in Bangkok

euronews - 
Their homes have been flooded for nearly a month and some people have had enough. Tempers in the Thai capital have been flaring over the government's handling the flood crisis.


PAGE hands over memorandum to PM on language option

Malaysia Star - 
PUTRAJAYA: The Parent Action Group for Education Malaysia (PAGE) handed a memorandum to Prime Minister Datuk Seri Najib Tun Razak, requesting that there be an option for the Teaching of Science and Mathematics in English (PPSMI).


Thailand Floods Take Toll on PC Makers

Forbes - 
“Beyond Thailand itself, the worst-impacted country is Japan, which maintains extensive manufacturing operations in areas affected by the disaster,” said iSuppli in a statement.


President Aquino, siblings visit a day early to avoid a fuss

Inquirer.net - 
PRIVATE TIME President Aquino visits the tombs of his parents—President Corazon C. Aquino and Sen. Benigno “Ninoy” Aquino Jr.


Palace to probe attack on striking PAL workers

Inquirer.net - 
Malacañang on Monday said it would investigate the recent attack by goons on protesting former workers of Philippine Airlines in Pasay City, while calling on both management and the union to “exercise sobriety.


Maire Leadbeater: West Papua's 'Arab Spring'

New Zealand Herald - 
Indonesia police clash with workers of mining giant Freeport-McMoran during a protest in Timika. Photo / AP It was not in the headlines, but our neighbourhood has had its own 'Arab Spring'.


Overseas Malaysians ask court for right to vote

AFP - 
KUALA LUMPUR - Several Malaysians living abroad have filed a lawsuit to get the right to vote overseas as the Southeast Asian nation faces loud calls for electoral reforms, they said Monday.


US-based Pinoy priest charged with pornography hiding in Phl?

Philippine Star - 
MANILA, Philippines - A Filipino priest reportedly facing charges of theft and possession of pornographic materials in the United States is believed to be hiding in the ...


New blows to peace

Inquirer.net - 
Viewed from Mindanao, prospects for long-term peace in the Philippines suffered four major blows during the past weeks. First was the indefinite suspension of the peace talks between the Philippine government (GPH) and the rebel National Democratic ...


Security tight in Metro Manila cemeteries

Inquirer.net - 
Thousands of Filipinos trooped to public and private cemeteries Monday morning to visit the tombs of their departed loved ones, according to reports on Radyo Inquirer.


Filipinos embracing Halloween tradition

gulfnews.com - 
Manila: The commercially-driven Halloween tradition is taking a foothold in the Philippines, but the influential Catholic Church has nipped this enthusiasm in the bud by calling the event anti-Christian and a ...


JI leader believed killed in air strike

Philippine Star - 
ZAMBOANGA CITY ,Philippines - The military is verifying reports that a Malaysian Jemaah Islamiyah (JI) terrorist was among the five militants killed in an air strike launched by ...


Gov't would rather house rebels, says solon

Inquirer.net - 
MANILA, Philippines—Zambales Rep. Mitos Magsaysay on Monday criticized the government's decision to allot P31 million for housing and livelihood assistance to former communist hitmen, saying that this could cause demoralization ...


GMA's health condition OK, says DOH chief

Philippine Star - 
MANILA, Philippines - Health Secretary Enrique Ona has checked on the condition of former President and now Pampanga Rep. Gloria Macapagal-Arroyo, who is facing various ...


Vietnam, Kazakhstan promote trade, investment cooperation

Shanghai Daily (subscription) - 
HANOI, Oct. 31 (Xinhua) -- The Vietnam-Kazakhstan Business Forum opened here on Monday, aimed at expanding cooperation in trade and investment between the two countries.


Hold departure order vs Ligots

Inquirer.net - 
Justice Secretary Leila de Lima on Monday directed the National Prosecution Service to immediately secure a hold departure order to prevent former military comptroller Jacinto Ligot and his wife Erlinda from slipping out of the country.


Malaysia offers to host 2019 CHOGM

AsiaOne - 
Prime Minister Datuk Seri Najib Tun Razak said the year was significant as it would be 30 years since Malaysia first hosted the meeting in 1989.


Countries agree to secure Mekong River shipping

China.org.cn - 
China, Laos, Myanmar and Thailand on Monday agreed to take joint action to crack down on cross-border crime and secure transportation along the Mekong River, after 13 Chinese sailors were killed in a deadly boat raid earlier this month.

World


US freezes UNESCO funding for recognizing Palestinian state

Jerusalem Post - 
Washington won't make planned $60 million transfer for UN cultural agency, State Department says; FM: Israel should cut ties with PA.


Thai floods response sparks anger in Bangkok

euronews - 
Their homes have been flooded for nearly a month and some people have had enough. Tempers in the Thai capital have been flaring over the government's handling the flood crisis.


NATO concludes Libya mission after seven months

Pakistan Daily Times - 
BRUSSELS: NATO ends its military operation in Libya at midnight on Monday, seven months after launching an air and sea campaign that helped bring the overthrow and death of Muammar Gaddafi.


Pragmatist seeks to heal wounded Kyrgyzstan

Pakistan Daily Times - 
Kyrgyzstan's next president Almazbek Atambayev is a moderate pragmatist who has sought compromise in the divided Central Asian republic that has endured two revolutions and an outbreak of ethnic violence since 2005.


Analysts view: reaction to calling of Greek referendum

Reuters - 
ATHENS (Reuters) - Greek Prime Minister George Papandreou on Monday called an unexpected referendum on a new EU bailout deal for his debt-ridden country, a move that could prompt snap elections if a public angry with austerity rejects the terms.

Gaza militants fire rockets, testing truce

IBNLive.com - 
Gaza: Gaza militants fired rockets at southern Israel on Monday, in violence that tested a shaky truce brokered by Egypt after a border flare-up that has claimed the lives of a dozen Palestinian gunmen and an Israeli civilian since the weekend.

Millions without power after storm pummels U.S. northeast

Toronto Sun - 
A member of the Occupy Wall Street movement surveys tents set up in Zuccotti Park during the first winter snow fall in New York October 29, 2011.

Attack near UN office kills five in Kandahar

Globe and Mail - 
AP Insurgents driving a suicide truck bomb and attacking on foot killed five people, including three United Nations employees, near the offices of the UN's refugee agency in the southern city of Kandahar on Monday, officials said.

Assad should choose patriotism over power

Arab News - 
He's no feudal warlord. He's a highly intelligent, personable individual whose ambition was to become an eye doctor until his brother Basil who has groomed to take over from his father died due to a car accident in 1994.

Social media campaign behind PTI rally success

The News International - 
One of the most powerful forces behind Imran Khan's stunning rally on Sunday at the Minar-e-Pakistan was the presence of urban, apolitical youths in the crowd, who, according to observers, mobilised by the social media websites, came out in droves to ...

Pilgrims flock to Mecca to perform annual haj

IBNLive.com - 
Mecca: Adalet Gigek sat impatiently in a crowded hotel lobby, waiting for the minibus to take her to Mecca's Grand Mosque for noon prayers as millions of Muslims started arriving in Saudi Arabia before the annual haj pilgrimage which starts on Friday.

Somali rebels say Somali American carried out suicide blast

Los Angeles Times - 
The Islamist militant group the Shabab releases a suicide message that it says the Somali-born American recorded before the attack on an African Union base in Mogadishu.

Countries agree to secure Mekong River shipping

China.org.cn - 
China, Laos, Myanmar and Thailand on Monday agreed to take joint action to crack down on cross-border crime and secure transportation along the Mekong River, after 13 Chinese sailors were killed in a deadly boat raid earlier this month.

NAIA runways to be widened

Manila Bulletin - 
MANILA, Philippines - The runways of the Ninoy Aquino International Airport (NAIA) complex will be widened to maximize its capacity.

Felled coconut tree cuts power in South

BusinessWorld Online Edition - 
KORONADAL -- A felled coconut tree caused a five-hour power outage in General Santos City and Sarangani province on Sunday, an official of the National Grid Corporation of the Philippines (NGCP) said yesterday.

The Statue of Liberty's 125th Birthday Celebration Marks Commencement of ...

Haute Living - 
125 modern-day immigrants gathered in front of the Statue of Liberty to take the oath of citizenship on Friday—marking the monument's 125 th birthday.

In Cuba, A Used Car Is No Bargain

NPR - 
Audio for this story from All Things Considered will be available at approx. 7:00 pm ET A man checks his car in Havana. In October, Cuba legalized the sale and purchase of automobiles for all citizens.

Overseas Malaysians ask court for right to vote

AFP - 
KUALA LUMPUR - Several Malaysians living abroad have filed a lawsuit to get the right to vote overseas as the Southeast Asian nation faces loud calls for electoral reforms, they said Monday.

Berry's accused stalker pleads not guilty

CANOE - 
By WENN.COM A man accused of harassing Halle Berry has pleaded not guilty to felony charges of burglary and stalking. Richard A. Franco was arrested outside the Berry's Hollywood Hills home in July after the actress spotted him trespassing on the ...

Technician jailed for molesting housewife in UAE

Middle East North Africa Financial Network - 
(MENAFN - Khaleej Times) television technician was sentenced to six months in jail on Sunday for molesting a housewife in her house in Al Qusais after he was called in for a job.




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