Saturday, December 10, 2011

10 DEC 2011, SAT: Bus & Health

Business


Globe secures P5B loan anew to fund network expansion

Inquirer.net - 
Listed firm Globe Telecom is once again tapping funds from a local bank, taking advantage of low interest rates, to fund the expansion of its nationwide mobile network.

Angara seeks investments in water projects

Manila Standard Today - 
Senator Edgardo J. Angara has urged the Department of Public Works and Highways to spur the entry of private investments into the water sector and ease the burden of the national government that is already struggling to finance state ...

S. Korean firm eyes $1B power projects in Philippines

Inquirer.net - 
Leading South Korean water resources and power firm Korea Water Resources Corp. plans to invest as much as $1 billion in equity for various water and power projects in the Philippines over the next three years, according to K-Water representative in ...

DoF sets condition before it scraps airline tax

Inquirer.net - 
The Department of Finance (DoF) may agree to scrap the 3-percent common carrier's tax (CCT) on foreign airlines once Congress passes a law that will offset the loss in revenue estimated at P1.6 billion a year.

GMA Network names Yalong new Executive Vice President

Vox Bikol - 
GMA Network, Inc. has appointed Felipe S. Yalong as the Company's new Executive Vice President effective December 1, 2011. The new GMA EVP will remain the Company's Chief Financial Officer and Group Head of its Corporate Services Group.

Philippines deemed better-positioned than others to face global risks

BusinessWorld Online Edition - 
THE GLOBAL economy faces continued risks -- particularly from a mild recession in Europe and slowing growth in China -- but the Philippines and some other countries should be able to better weather these pressures with support from strong domestic ...

Coco water and coffee - 2 sunshine industries

Philippine Star - 
As I write this, I'm enjoying an early rest to prepare for the Bangkok Motor Show tomorrow, thanks to my host Motor Image Pilipinas, Inc. distributors of Subaru vehicles in the country through the courtesy of Mr.

Noyer Says ECB Liquidity Effort Is a 'Bazooka,' May Cut Yields

BusinessWeek - 
Dec. 9 (Bloomberg) -- European Central Bank governing council member Christian Noyer said that the liquidity measures the central bank announced yesterday amount to a “bazooka” that should help lower borrowing costs for euro area states.

Portuguese recession worsens in third quarter

eTaiwan News - 
AP Portugal's statistics agency says the country's economy shrank by 0.6 percent in the third quarter _ a sharper contraction than its previous estimate of 0.4 percent.

Insurers face ratings downgrade threat from S&P

BBC News - 
Some of Europe's top insurance companies have been warned their credit rating could be downgraded as a result of the European financial crisis.

6 business groups back withdrawal of tax circular

Manila Standard Today - 
SIX business groups are supporting the House ways and means committee's call on Internal Revenue to withdraw a circular requiring taxpayers to disclose additional information in their tax returns because it is illegal and violates the ...

The IMF forecasts on Bulgaria deteriorate due to the crisis in Europe

Standart News - 
Bulgaria's economy will register an economic growth of 1.9% for 2011 and 1.3% for 2012, show the new forecasts of the IMF which register a significant drop compared to its prognosis made in September 2011.

Asian stocks fall on European summit fears

Inquirer.net - 
HONG KONG—Asian markets fell Friday on fears Europe's leaders will not agree to a deal to tackle their debt crisis as the first day of a crucial summit broke up with plans for a full treaty change in tatters.

Hungary Comes Down on Erste for Downscaling Business

Wall Street Journal (blog) - 
Hungary's economy ministry published grudging remarks about Erste Bank, after the Austrian company announced it would enact layoffs and close down branches in Hungary.

Meralco has up to 2015 to complete P30-B refund

Inquirer.net - 
Manila Electric Co., the country's biggest power distributor, has been allowed by the Energy Regulatory Commission (ERC) to extend the period of paying out a P30.2-billion refund to customers up to December 2015.
Meralco still owes P6.3 billion in refund
Manila »

Aquino okays P110-M dumpsite rehab fund

Sun.Star - 
PRESIDENT Benigno S. Aquino III has approved a P110-million fund to rehabilitate the dumpsite of Baguio City to contain and process its thousands of tons of biodegradable wastes generated daily.


Health


Glaxo's Tykerb Misses Goal In Breast Cancer Trial

Wall Street Journal (India) - 
LONDON (Dow Jones)--GlaxoSmithKline PLC (GSK) Friday said its drug Tykerb failed to achieve its target in a clinical trial testing its role in women with early breast cancer.

How to avoid heart attacks this Christmas

Inquirer.net - 
Avoid the Christmas rush, prepare more salads and fruits for noche buena and resist the temptation of returning to the buffet table for seconds.

Brazil Launches War on Crack Cocaine Epidemic

AllMediaNY - 
The Brazilian government has initiated a multi-million dollar agenda aimed at combating the countries growing problem of crack cocaine usage.

Krispy Kreme turns 10

Mississauga - 
Krispy Kreme Doughnuts is celebrating its 10th anniversary in Mississauga this Sunday with a number of giveaways. The Mississauga store, the American chain's first international location, will give the first 10 customers a dozen original glazed ...

Abuse May Alter Child's Brain Activity

U.S. News & World Report - 
FRIDAY, Dec. 9 (HealthDay News) --Children who are abused or exposed to family violence have changes in brain activity similar to those seen in combat veterans, a new study finds.

Cutting carbs could thwart breast cancer

eMaxHealth - 
Just cutting carbohydrate intake a couple of days a week could help women lower their insulin levels, lose weight and curb their risk of breast cancer.

Hotel tenant groups at odds

Sun.Star - 
THE renovation of the Bayanihan Hotel in Baguio City divided tenants of the building into two, the followers and those who aren't.

Meningitis epidemic in Brazil's Bahia state kills 109

AFP - 
RIO DE JANEIRO - A meningitis epidemic has killed 109 people in the northeastern Brazilian state of Bahia since the start of the year, according to a report released by local authorities Friday.

The 'holiday heart syndrome'

Inquirer.net - 
Let's make sure the season of joy does not turn into a season of mourning. Dr. Anthony Leachon, who has received several awards for his sustained efforts at preventive health education, wrote for the December issues of Vital Signs newspaper and H&L ...

Bone Drug May Extend Lives of Young Women With Breast Cancer

WebMD - 
Dec. 9, 2011 (San Antonio) -- A drug given to protect bones during breast cancer treatment extended the lives of young women with the disease, researchers report.

Eating Raw Cookie Dough Really Can Make You Sick -- In Unexpected Ways

Huffington Post - 
On the most recent episode of abysmally-marketed NBC sitcom Whitney, the title character and her live-in boyfriend, Alex, decided to adopt new holiday traditions instead of miserably visiting their families as they always had in the past.

Abortion doesn't raise mental illness risk, UK study says

CBC.ca - 
Abortion does not increase a woman's chance of developing mental health problems, according to the largest study ever to investigate the issue.

Anti-HIV drugs in short supply

Globe and Mail - 
It was only a week in May, but it was a terrifying time for Elizabeth Nanyange. For a week, her clinic had none of the medicine she needed to prevent her from transmitting the AIDS virus to her unborn child.

Americans Encouraged to Get Flu Vaccine

U.S. News & World Report - 
FRIDAY, Dec. 9 (HealthDay News) -- Flu vaccination is easy to get and one of the best ways to protect your health during the flu season, but too few Americans take advantage of it, experts say.

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