Friday, January 20, 2012

20 JAN 2012, FRI: Bus & Health

Business


Philippines cuts key policy rates to boost economy

Philippine Star - 
MANILA, Philippines (Xinhua) - Philippine monetary officials have decided today to cut interest rates to shield the local economy from a global economic slowdown.

PAL seeks new equity for refleeting program

ABS CBN News - 
By Marianne V. Go, The Philippine Star MANILA, Philippines - The management of Philippine Airlines (PAL) said it “welcomes” the possible entry of a new investor in the flag carrier.

BIR '12 collection goal set at P1.06T

Cebu Daily News - 
The Bureau of Internal Revenue (BIR) is tasked to raise a total of P1.066 trillion this year, about a tenth of which will be collected from large taxpayers, the Malampaya natural gas project, and the central bank.

PSEi Hits Record, Breaches 4700

Manila Bulletin - 
By JAMES A. LOYOLA MANILA, Philippines - The Philippine Stock Exchange's main index (PSEi) closed at another record high despite warnings that share prices are at overbought levels as investors bought up stocks amid positive news from both the domestic ...
Stock Market
PSEi soars to a new record high

PLDT corners 98% of Digitel

BusinessWorld Online Edition - 
PHILIPPINE LONG Distance Telephone Co. (PLDT) has now cornered 98% of its newly-acquired unit Digital Telecommunications Philippines, Inc., (Digitel) following a tender offer done for the latter's minority stockholders.

East West Bank to raise capital

Inquirer.net - 
MANILA, Philippines—East West Bank Corp. plans to beef up its authorized capital to P20 billion to fund long-term expansion plans, part of which will be infused by parent firm Filinvest Development Corp.

P15M smuggled 'ukay-ukay' from Hong Kong seized

Inquirer.net - 
By Philip C. Tubeza The Bureau of Customs (BoC) has seized P15 million worth of “ukay-ukay,” or secondhand, clothes smuggled into the country from Hong Kong, Customs Commissioner Ruffy Biazon said Thursday.
Manila »
P15-M 'ukay-ukay' seized
P15-M 'ukay-ukay' seized at MICP‏

Airport Congestion

Manila Bulletin - 
By FLORO M. MERCENE MANILA, Philippines - The Department of Tourism (DoT) has an ambitious goal, to attract 4.2 million tourists this year and 10 million of them in 2016, which is four years down the road.

Company Acquires Control Of Steniel

Manila Bulletin - 
MANILA, Philippines - Listed firm Steniel Manufacturing Corporation reported that Right Total Investments Limited has acquired a controlling stake in the company and will be undertaking a tender offer to minority shareholders.

Pagcor's gross income hikes by P5.19B in 2011

Journal Online - 
THE Philippine Amusement and Gaming Corporation's (Pagcor) total revenues last year reached a whopping P36.65 billion, a P5.19 billion or 16.52% growth compared to its total income of P31.46 billion in 2010.

PHL remains vulnerable to external shocks - ADB

GMA News - 
Despite steady economic growth, a senior official of the Asian Development Bank warned that the Philippines remains vulnerable to external shocks such as weakening of major economies in the world.

P400-M loan program to aid rice farmers in four provinces

BusinessWorld Online Edition - 
THE DEPARTMENT of Agriculture (DA) and state-run Land Bank of the Philippines (LBP) will launch today a P400-million loan program for rice farmers in four provinces.

DOE urges students in Cebu for e-Trike Design Contest

Philippine Information Agency - 
by Hazel F. Gloria CEBU CITY, January 19 (PIA) -- The Department of Energy (DOE-7) in Central Visayas urged students here to join the electric tricycle (e-Trike) design contest that will be launch in Cebu soon.

Greek Finance Minister Debt Talks Progress, To Resume Midday Friday

Wall Street Journal - 
ATHENS (Dow Jones)--Greek Finance Minister Evangelos Venizelos said Thursday that talks with the country's private creditors over a planned debt restructuring had made progress after a two and-a-half hour meeting.

EU Agrees To Sanction Iran's Central Bank; Greece Holds Out On Oil Embargo

Wall Street Journal (blog) - 
By Samuel Rubenfeld European nations agreed to sanction Iran's central bank, freezing assets used to finance its nuclear ambitions, but didn't come to an agreement on an oil import embargo because Greece held out, AFP reported.

MoneySwap upbeat on PH debit, prepaid card market

Inquirer.net - 
Debit and prepaid cards may surpass credit cards in the Philippines in the coming years due to the country's demographics and the fact that a large portion of the local population remains “unbanked.

Natural gas plunges, oil drifts lower

CBS News - 
(AP) Natural gas prices fell to levels not seen in a decade after a government report showed weak demand and high supplies. The price of natural gas slid 6.1 percent to $2.32 per 1000 cubic feet Thursday after the Energy Department said the nation's ...

Smart accelerates upgrade programme

Telecompaper (subscription) - 
Philippine mobile operator Smart Communications is planning to upgrade its entire network to "LTE-ready" with Single Ran technology as early as June.

Non-life insurance firm renames itself

Manila Bulletin - 
MANILA, Philippines - Gearing to meet the demands of globalization, Philippine Charter Insurance Corporation, one of the top ten non-life insurance companies in the country, is rebranding itself as Charter Ping An Insurance Corporation.

Makati City meets projected revenue collection of P11B

BusinessWorld Online Edition - 
THE MAKATI CITY government achieved its projected revenue collection of P11 billion in 2011, the mayor said, surpassing its P10-billion income in 2010.

Health


PhilHealth to hire 600 nurses

Mindanao Examiner - 
MANILA (Mindanao Examiner / Jan. 19, 2012) - The state-run Philippine Health Insurance Corporation (PhilHealth) said it would recruit at least 600 nurses to provide “superior customer care” to its members and dependents seeking treatment in all ...

High-Risk HIV Behavior Declines in US

MyHealthNewsDaily - 
Fewer people are engaging in behaviors that put them at high risk of acquiring HIV, a new report says. About 10 percent of men and 8 percent of women surveyed in the United States reported taking part in sexual or drug-related behaviors in the last ...

DOH: Zamboanga City Medical Center hospital up for development

The Online Zamboanga Times - 
ZAMBOANGA CITY - Department of Health (DOH) Regional Director Aristides Tan announced that the health agency has prioritized the Zamboanga City Medical Center (ZCMC) for development and financial assistance this year.

Abortion ends one in five pregnancies worldwide, study finds

Los Angeles Times - 
The numbers of abortions performed annually worldwide has held steady in recent years, but the proportion of abortions that are considered unsafe is rising, according to a new report from the Guttmacher Institute and the World Health Organization.

Withholding gender of fetus

Toronto Star - 
Re: Keep sex of fetus secret, MD urges, Jan. 17 The Canadian Medical Association Journal's motive to keep the sex of a fetus secret from all Canadian couples until 30 weeks of pregnancy is well intentioned.

Four bird flu deaths in three weeks

TODAYonline - 
HANOI - An 18-year-old and a toddler have died from bird flu in Vietnam and Cambodia, respectively, bringing to four the number of fatal cases of H5N1 in the region in the last three weeks.

South Cotabato extends food aid program for poor households

The Online Zamboanga Times - 
GENERAL SANTOS CITY - The provincial government of South Cotabato has extended the implementation this year of its food assistance program for poor households in the province.

Polish condom market goes limp

Times LIVE - 
Sales of condoms and birth control in Poland shrank by 10 percent and 3.2 percent respectively over a year as of October 2011, the first such drop on record, fresh market surveys showed Tuesday.

Mechanism Through Which Immune Cells Destroy Cancer Cells Demystified

MedIndia - 
by Kathy Jones on January 19, 2012 at 8:39 PM Research News Scientists have long pondered over the effectiveness of adoptive T cell therapy in comparison to drug-based cancer treatment in large tumors.

Paula Deen's Preventable Marketing Disease

Huffington Post (blog) - 
Paula Deen announcing she has Type II Diabetes after endorsing a drug company's diabetic treatment product is like a man admitting he's a sex addict after inking a deal with Viagra.

Baseball great Gary Cater's health takes a turn for the worse

Fox News - 
Gary Carter's health has taken a turn for the worse. The 57-year-old Hall of Fame catcher, diagnosed last May with a malignant brain tumor, received results of his latest MRI exam Thursday, according to the online journal of his daughter, ...

1 in 5 Americans Suffer From Mental Illness

ABC News (blog) - 
One in five Americans experienced some sort of mental illness in 2010, according to a new report from the Substance Abuse and Mental Health Services Administration.

Dapagliflozin, Bristol-Astra Diabetes Drug, Won't Be Approved By FDA Yet

Huffington Post - 
By LINDA A. JOHNSON 01/19/12 01:24 PM ET AP TRENTON, NJ -- In a setback that could spell trouble for several drugmakers developing a new type of diabetes pill, US regulators have told partners Bristol-Myers Squibb Co.

Canadian women with foreign breast implants urged to have them checked

The Province - 
By ELAINE O'CONNOR, The Province January 19, 2012 12:11 PM Defective silicone gel breast implants, manufactured by French company Poly Implant Prothese (PIP), are seen near surgical instruments after being removed from a patient at a french clinic.

No TDR patients found in Mumbai

The Hindu - 
Days after panic struck Mumbai with reports of a deadly form of tuberculosis called total drug resistant (TDR)-TB, official investigations have found that there are no TDR cases in Mumbai.

Drug maker Roche should release all data on Tamiflu

Toronto Star - 
Over the past three years, Ontario has spent $26 million stockpiling Tamiflu to treat people in the event of a pandemic. During the last big scare - H1N1 in 2009 - there were shortages of the children's antiviral dose and cases of frantic parents ...

Gossip is good: study

New Zealand Herald - 
If you can't resist passing on tittle-tattle, don't be too hard on yourself. People who gossip are apparently doing us all a favour.

US Aims for Effective Alzheimer's Treatment Strategy by 2020

Scientific American - 
By Meredith Wadman of Nature magazine In December 2010, the US Congress passed the National Alzheimer's Project Act. The law instructs the US government to develop its first-ever strategic plan for battling Alzheimer's disease, the dementia-inducing ...

How to combat the effects of obesity on your business and improve your ...

Smart Business Network - 
Obesity can have a significant impact on employers, in health care and workers' compensation costs and in lost productivity. Health care costs for obese employees are as much as 21 percent higher than costs for those at a healthy weight.

Fake Malaria Drugs Endanger Millions of Lives

TIME - 
By Alice Park | @aliceparkny | January 19, 2012 | + Counterfeit or weakened versions of life-saving antimalarial drugs are making the rounds in Africa, potentially putting millions of lives at risk and encouraging drug resistance, say scientists.

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