Thursday, February 16, 2012

16 FEB 2012, THU: Bus & Health

Business


Eurozone steps up Greek surveillance drive

Sin Chew Jit Poh - 
by Roddy Thomson BRUSSELS, February 16, 2012 (AFP) - The eurozone told Greece it must accept tough EU surveillance if it is to unlock a stalled bailout next week and avoid a messy default, despite meeting key hurdles at Wednesday night talks.

Aquino hails Globe $790M upgrade

Inquirer.net - 
MANILA, Philippines—President Aquino on Wednesday thanked Globe Telecom for its five-year $790-million modernization program as he underscored the importance of the cell phone industry in his administration's bid to serve the people.

OFW remittances hit record $20B

Inquirer.net - 
Overseas Filipinos sent home a record $20.12 billion last year, rising 7.2 percent from 2010 and exceeding the government forecast of 7 percent despite a slowing US economy and debt problems in Europe.

ALI profit surges to P7.14B

Inquirer.net - 
Ayala Land Inc. grew its net profit last year by 31 percent to a record P7.14 billion on higher revenues across its residential, shopping center, office and hotel businesses alongside improved margins.

Tampakan miner seeks consistency in gov't policy

Inquirer.net - 
Sagittarius Mines Inc., the firm behind the proposed $5.9-billion Tampakan copper-gold project in South Cotabato, is urging the government to ensure that the proposed mining reforms will create a suitable trade climate to boost investors' confidence.

Customs bureau seizes P25M worth of misdeclared items

BusinessWorld Online Edition - 
THE BUREAU of Customs (BoC) has seized P25 million worth of vehicles and parts misdeclared by importers to avoid paying duties and taxes.

BCDA turns over P2.64B to gov't

Inquirer.net - 
State-owned Bases Conversion and Development Authority (BCDA) turned over a total of P2.64 billion to the national treasury, representing the government's share in dividends and proceeds from the asset disposition program.

PhilWeb profit surged by 45% in 2011

Inquirer.net - 
Listed gaming company PhilWeb Corp. posted hefty profit gains in 2011, driven by the continuing popularity of “e-games” cafes it operates for Philippine Amusement Gaming Corp.

Pain at the pump: Oil prices spike after Iran's sabre-rattling

Firstpost - 
New York: Prices for Brent crude oil rose on Wedesday to their highest level since April 2011 as fears mounted about supply disruptions from Iran, which has indicated it might halt shipments of oil to Europe.

PLDT's 'transformation' program almost complete

ABS CBN News - 
By Lenie Lectura, BusinessMirror MANILA, Philippines - The Philippine Long Distance Telephone Co. (PLDT) group is on the final stretch of its fast-tracked, nationwide P67.1-billion network transformation program.

A lane of their own

Journal Online - 
The Metropolitan Manila Development Authority the other day enforced the use of a designated motorcycle lane along the famed avenue.

Peso to keep gaining vs dollar -- Purisima

BusinessWorld Online Edition - 
THE PESO is expected to continue its rally against the dollar this year given the country's growth prospects, Finance Secretary Cesar V. Purisima yesterday said.

Megaworld top developer in 2011

Inquirer.net - 
Property tycoon Andrew Tan-led Megaworld Corp. announced Wednesday that it sold 10451 residential units worth about P37.1 billion last year, thus making it the biggest residential developer in the country for the year.

PAL eyes Davao-Darwin flight

Minda News - 
By Mindanews | Thursday| February 16, 2012 | Filed under: Business, Top Stories DAVAO CITY (MindaNews/15 February) - The Philippine Airlines (PAL) is planning to open a direct flight between Davao and Darwin, Australia once the Philippines regains ...

Roxas Holdings, creditors OK restructuring deal

Inquirer.net - 
Sugar firm Roxas Holdings Inc. recently struck a deal with creditor banks to restructure some P6 billion in long-term debts, which the company intends to wipe out over the next three to four years to ensure a competitive footing in a low-tariff ...

Qantas to cut jobs after first-half profit dives

Hindustan Times - 
AP Qantas Airways Ltd. said it plans to slash 500 jobs after posting an 83% drop in first-half profit on Thursday. The Australian airline blamed rising fuel costs and a series of strikes that temporarily grounded its fleet for the loss.

Ortigas sets P3-billion capex budget

ABS CBN News - 
By Mary Ann Ll. Reyes, The Philippine Star MANILA, Philippines - Property developer Ortigas & Co. is spending about P3 billion this year for new and existing projects that include the facelift of its flagship Greenhills Shopping Center.
Ortigas to spend P3B for new condo
Viridian »

2 giant crocs caught in Palawan

Philippine Star - 
Workers prepare to transfer two giant saltwater crocodiles to the Palawan Crocodile Farm and Conservatory. The crocodiles, named Valentino and Valentina, were caught in Bataraza, Palawan on Valentine's Day.

ANI's TBC Buying Sugarhouse Assets

Manila Bulletin - 
By JAMES A. LOYOLA MANILA, Philippines - AgriNurture Inc. (ANI) is acquiring all the assets of bakeshop-restaurant chain Sugarhouse through 51 percent-owned retail subsidiary The Big Chill, Inc. (TBC).

Life Insurance Sees 16% Growth

Manila Bulletin - 
By CHINO S. LEYCO MANILA, Philippines - The country's life insurance industry remains strong as the business expects to grow by 16 percent this year despite the current issues facing the pre-need sector, the Philippine Life Insurance Association (PLIA) ...

Health


New leprosy cases in PHL highest in western Pacific - WHO

GMA News - 
Even though the disease is considered to have been eradicated in the country, some areas remain leprosy hotspots after the Philippines registered the highest number of new cases in the Western Pacific Region in 2010, according to the World Health ...

'Easily affordable' to save 2 million children, report says

Los Angeles Times - 
The world could save 2 million children every year if it helped the neediest countries take 13 recommended steps to conquer malnutrition, according to a new report from Save the Children.

Exercise is good for the bones: Study

Toronto Sun - 
People who are physically active in their 20s are more likely to have strong bones and avoid fractures later in life, a new study says.

Scientists develop 'fracture putty' that can heal broken bones in weeks

New York Daily News - 
Medical researches are developing a “fracture putty” that may heal broken bones in weeks, a promising breakthrough that would greatly reduce recovery times and cut medical costs that go with along with surgery, casts and crutches.

Briton becomes country's first male to give birth

The Express Tribune - 
The man had a sex change operation after being born a woman, but did not remove his womb. By IANS The man had a sex change operation after being born a woman, but did not remove his womb.

Drugs or drowning? Science holds key to Houston death

Yahoo! Philippines News - 
By Jill Serjeant | Reuters - 12 hours ago LOS ANGELES (Reuters) - Drugs? Booze? Suicide? Drowning? Speculation on the cause of Whitney Houston's sudden death have run the gamut since the singer was found on Saturday.

Sometimes you are what you eat...

Independent Online - 
Los Angeles - A man suffered cardiac arrest while eating a hamburger at a Las Vegas restaurant that calls itself The Heart Attack Grill in recognition of the huge servings of meat, chips and milkshakes that it prides itself on, the local television ...

Counterfeit Avastin: FDA issues warning about popular cancer drug

msnbc.com (blog) (subscription) - 
AP By Yardena Schwartz The US Food and Drug Administration is urging patients who were treated with the popular cancer drug Avastin to contact their physicians, as the agency investigates a counterfeit version of the product.

Over 400 types of lipstick found to contain lead

WGMB FOX 44 - 
By Rhett Guillot - Web Producer (FOX44) - A new report by the feds that say 400 types of lipstick contain small amounts of lead. Of the lipsticks tested, L'oreal had five of the top ten highest levels, along with the pricey brand Nars.

Restless Nights Linked to Signs of Alzheimer's, Study Finds

WTMA - 
Erik Snyder/Photodisc(ST. LOUIS) -- Could disturbed sleep patterns be linked to early signs of Alzheimer's disease? Researchers think so.

Childhood brain cancer needs new treatment

CBC.ca - 
A childhood brain cancer that often spreads may do so because the secondary tumours differ genetically from the original growth, say researchers who suggest a different treatment approach is needed.

Heart's own stem cells can heal scars: study

New Zealand Herald - 
The heart's own stem cells can be used to repair damage caused to it, scientists say. They help the organ re-grow healthy muscle after a heart attack, a clinical trial shows.

Why Would Anyone Want To Get The Breast Cancer Gene Test?

BlissTree - 
by Deborah Dunham | Leave a comment | Share a Tip According to certain experts, women diagnosed with triple-negative (TN) breast cancer should be tested for faulty genes so they know whether family members will have a greater chance of getting the ...

Reuters Science News Summary

Chicago Tribune - 
Following is a summary of current science news briefs. Decision time for researchers of deadly bird flu LONDON/GENEVA (Reuters) - When 22 bird flu experts meet at the World Health Organization this week, they will be tasked with deciding just how far ...

A shrinking world for smokers

Durham Herald Sun (blog) - 
Smokers' worlds are shrinking, yet again, and it happened in Durham without so much as a raised eyebrow. That in and of itself may be a sign that we have reached a tipping point in our city in the anti-smoking movement.

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