Thursday, February 2, 2012

02 FEB 2012, THU: Bus & Health

Business


Banco Filipino ordered reopened

Inquirer.net - 
The Court of Appeals on Wednesday ordered the Bangko Sentral ng Pilipinas to reopen Banco Filipino (BF) Savings and Mortgage Bank and to extend to it within 30 days state financial assistance worth more than P25 billion.

SMDC Launches Project In Manila

Manila Bulletin - 
By JAMES A. LOYOLA MANILA, Philippines - SM Development Corporation (SMDC) has launched its latest residential condominium project, Green Residences located along Taft Avenue in Manila.

Tanduay net income surges 92% to P1.1B

Inquirer.net - 
Tanduay Distillers Inc. grew its net profit last year by 92 percent to P1.1 billion on the back of higher selling prices alongside a modest increase in volume.

Bureau of Fisheries to go after 'galunggong' imports

Inquirer.net - 
By Leila B. Salaverria Imported “galunggong” meant only for manufacturers are making their way into local markets and are competing with local counterparts, but the understaffed Bureau of Fisheries and Aquatic Resources (BFAR) is hard pressed to catch ...

Finance seeks higher tax take from the self-employed sector

BusinessWorld Online Edition - 
THE GOVERNMENT is seeking a sharp increase in income tax payments from the self-employed sector as part of a campaign to improve collection efficiency, a Cabinet official said.

Bishop blames bad economic policies for rising hunger

Vox Bikol - 
MANILA, Jan. 31, 2012— A Catholic bishop has blamed the government's economic policy as the culprit behind the rising incidence of hunger in the country, the auxiliary bishop of Manila said.

PSALM Taps Foreign Law Firm For $3.5-M Claims Against Lehman

Manila Bulletin - 
By MYRNA M. VELASCO MANILA, Philippines - Foreign firm Pinsent Masons will be awarded P18 million contract to act as legal counsel in the recovery of $3.4 million contractual claims of the Power Sector Assets and Liabilities Management Corporation ...

Local auto players eye Philippines as manufacturing hub

ABS CBN News - 
by Lois Calderon, ANC MANILA, Philippines - The local car and car parts industry wants to manufacture more cars here, instead of just making and exporting auto parts.

Tourism Program

Manila Bulletin - 
SUBIC BAY FREEPORT, Philippines - In an effort to boost tourism through watersports, two of the most sought after beach tourism sites in the country have teamed up to hold the Subic Bay to Boracay Race, and the four-day racing quest for the Boracay Cup ...

Security Bank posts P6.7B profit

Inquirer.net - 
Security Bank Corp. posted a net profit of P6.7 billion last year, 6.4-percent lower compared to 2010 when extraordinary trading gains jacked up its earnings to a record high level.

Supply Build Pressures Crude

Wall Street Journal - 
By DAN STRUMPF NEW YORK—Oil futures finished at their lowest level in more than a month after the government said US oil inventories rose more than expected last week, while demand for refined fuels sank.

AMR to Trim 13000 Jobs in Plan for $2 Billion in Cost Cuts

San Francisco Chronicle - 
Feb. 1 (Bloomberg) -- AMR Corp.'s American Airlines said it will eliminate 13000 jobs under a plan to cut annual operating costs by $2 billion and boost revenue by $1 billion as the company restructures in bankruptcy.

Angara defends prosecutors

ABS CBN News - 
by RG Cruz, ABS-CBN News MANILA, Philippines - Prosecution panel spokesman Rep. Juan Edgardo "Sonny" Angara defended his colleagues from observations they were unprepared again for the impeachment trial of Chief Justice Renato Corona on Wednesday.

P/$ rate closes at P42.945/$1

Manila Bulletin - 
MANILA, Philippines - The peso exchange rate closed lower at P42.945 to the US dollar yesterday at the Philippine Dealing & Exchange Corp.

Bank lending seen growing another 20% in '12

Inquirer.net - 
Bank lending in the Philippines is expected to grow by another 20 percent this year on the back of the rapid development of more infrastructure projects in the country.

Pag-IBIG Fund Waives Loan Penalties

Manila Bulletin - 
MANILA, Philippines - Home Development Mutual Fund or Pag-IBIG Fund, the government's premier provident financial institution, has to forego P2 billion in housing loan penalties from its housing loan penalty condonation program but said such program ...

New BPO building to rise in Cebu

BusinessWorld Online Edition - 
CEBU CITY -- Asian i-Office Properties, Inc. yesterday broke ground on eBloc Tower 3, its third business process outsourcing (BPO) building at the Cebu IT Park.

Abaca export earnings up

BusinessWorld Online Edition - 
THE COUNTRY'S earnings from abaca exports rose by 46.6% in the 11 months to November from a year ago due to rising demand for the product, according to official data.

Oil leak cleanup worries expert

Inquirer.net - 
By Nathaniel R. Melican An expert has raised concerns about the effects of the system to be used by the Lopez-led First Philippine Industrial Corp.

Farmers urged to plant rice early

Journal Online - 
THE Department of Agriculture has encouraged farmers to plant rice ahead of their “cropping calendar” to avoid damages and losses caused by typhoons.

Health


Doc says pug clinically dead

Philippine Star - 
Karlo Maquinto's family still won't let go as the fighter, strapped to a life support system, remains in a deep coma with little hope of recovery at the FEU-NRMF Medical Center in West Fairview, Quezon City.

Pfizer and Its Recall of Birth Control Pills

New York Times (blog) - 
By ANN CARRNS The drug maker Pfizer said Wednesday that it was recalling packets of birth control pills because some had been packaged incorrectly, potentially causing women to take an inadequate dose and possibly become pregnant.

New weather data system launched

BusinessWorld Online Edition - 
THE UNITED NATIONS has launched an international system to improve and expand the sharing of weather, climate and water data among countries.

Mesothelioma Patient Only Twenty-One Years Old

Seedol.com (blog) - 
While asbestos-related illnesses such as mesothelioma usually take so long to manifest themselves that most victims are over the age of 50, Kevin Morrison, a 21-year-old resident of Norwood, MA, is proving to be a rare exception to the rule as he ...

Healthy Hollywood: Wellness Wednesday - Michelle Obama's Live Well Plan!

Yahoo! Philippines News - 
"To be the best mom, the best wife, and the best friend and professional you can be, you have to take time for yourself," reveals Michelle Obama in the March issue of "Prevention" magazine.

You are what you eat

Yahoo! Lifestyle UK (blog) - 
By Tamara Hinson By Tamara Hinson | The Beauty Files - 5 minutes ago If those under eye circles are looking a little darker than usual, our usual response is to reach for the light reflecting concealer.

Diet Soda A Day Linked With Higher Risk Of Stroke, Heart Attack

Huffington Post - 
A new study in the Journal of General Internal Medicine shows that drinking diet soda every day is linked with a higher risk of stroke and heart attack.

Scientists shift on brain speech center: study

Yahoo! Philippines News - 
The part of the brain used for speech processing is in a different location than originally believed, according to a US study Monday that researchers said will require a rewrite of medical texts.

Wall Covering May Limit Risk of Asbestos Exposure

Seedol.com (blog) - 
A British company may have developed a viable new method to keepasbestos products in the walls of older buildings from releasing fibers that could be inhaled by people nearby.
McMillan - Asbestos Related Diseases

Missouri Asbestos Settlement Sets State Record

Seedol.com (blog) - 
The family of a deceased Jackson County Courthouse employee recently settled the woman's Missouri asbestos lawsuit for $10 million, the largest asbestos settlement in the state's history.

'Mind-Reading' Tech May Give Speechless a New Voice

TechNewsWorld - 
By Richard Adhikari Brain-reading technology tested in a UC Berkeley experiment might eventually help people with speech defects or who are unable to speak because of illness or injury, but "that is far in the future, and we need to understand more ...

Tax 'toxic' sugar, doctors urge

CBC.ca - 
Sugar is so toxic that it should taxed and slapped with regulations like alcohol, some US researchers argue. In a commentary published in Wednesday's issue of the journal Nature, doctors from the University of California, San Francisco, say that rising ...

Pakistan PM was sent anthrax

Independent Online - 
By Sapa-DPA Islamabad - Law enforcement agencies in Pakistan were Wednesday investigating after a parcel sent to the residence of Prime Minister Yousaf Raza Gillani was confirmed as containing anthrax.

Report Cites French Maker of Implants, Authorities

Wall Street Journal - 
By INTI LANDAURO And NOEMIE BISSERBE The French company at the heart of a health scandal over faulty breast implants repeatedly misled and tricked authorities, who themselves neglected several warning signs, a French government report said Wednesday.

Repeat breast cancer surgery rates vary widely: Why?

CBS News - 
(CBS) One in four breast cancer patients who have partial mastectomies get called back for more surgery, according to a new study.

'Lab-created H5N1 viruses removed natural barriers'

The Hindu - 
In two articles published today (February 2) in Nature, members of the United States National Science Advisory Board for Biosecurity (NSABB) have for the first time gone on record explaining the reasons behind their decision to “recommend” both Science ...

Indigestion Medications Raise Hip Fracture Risk In Post-menopausal Females

Medical News Today - 
PPIs (proton pump inhibitors), medications taken for indigestion, can raise the risk of hip fractures by 35% in post-menopausal women, researchers from Massachusetts General Hospital reported in the BMJ (British Medical Journal).

Ladies, show some heart by wearing red

Minneapolis Star Tribune - 
You can help raise awareness for women's heart disease simply by donning something red on Friday. Charter Club dress, $89, at Macy's stores and www.

New breakthrough cystic fibrosis drug approved for pharmaceutical sales by FDA

MedReps (subscription) - 
The Food and Drug Administration has given its OK for the pharmaceutical sales of a first-of-its-kind drug to treat cystic fibrosis, a debilitating disease which causes damage to the lungs.

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