Friday, February 17, 2012

17 FEB 2012, FRI: Bus & Health

Business


Summary Box: Greek debt reduction plan panned

Boston.com - 
By AP GRIM PROGNOSIS: A European diplomat says current plans to save Greece from financial collapse would still leave the country with debt far above the maximum level set by its international creditors.

Jollibee Profit Steady At P3.2B

Manila Bulletin - 
By JAMES A. LOYOLA MANILA, Philippines - Jollibee Foods Corporation reported that its net income attributable to the parent company inched up 0.5 percent to P3.21 billion last year from P3.2 billion in 2010, boosted by the 10 percent gain in profits in ...

Mike Arroyo lawyer charged with tax evasion

Inquirer.net - 
By Jerome C. Aning The Bureau of Internal Revenue (BIR) on Thursday filed in the Department of Justice a P12.32-million tax evasion case against Jesus Santos, one of the lawyers of former First Gentleman Jose Miguel “Mike” Arroyo.

ALI to tap bond market in H1

Inquirer.net - 
Property giant Ayala Land Inc. plans to tap the local bond market within the first semester to raise about a third of its P37-billion capital spending budget for 2012.

Local travelers boosted tourism in 2010

Manila Standard Today - 
by Macon Ramos-Araneta LOCAL travelers gave Philippine tourism a big boost in 2010, generating P900 billion in gross receipts. Interviewed at the sidelines of the National Tourism Statistics Conference 2012 at the Diamond Hotel, DOT Undersecretary ...

Retain power perks: PCCI

BusinessWorld Online Edition - 
THE PHILIPPINE Chamber of Commerce and Industry (PCCI) has called on the Board of Investments (BoI) to retain incentives for power plant projects in this year's list of preferred business activities to keep electricity costs from rising.

Mining policy overhaul eyed

BusinessWorld Online Edition - 
EXISTING MINING LAWS and incentives are being reviewed by the Finance department, a Cabinet official said, in a bid to increase the government's share of industry revenues.

PSALM Procures Coal For Naga

Manila Bulletin - 
By MYRNA M. VELASCO MANILA, Philippines - State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is soliciting tenders for imported steaming coal that will be utilized for electricity generation of the Naga thermal facility in ...

Metrobank's Net Profit Climbs 32% To P11 Billion In 2011

Manila Bulletin - 
By JAMES A. LOYOLA MANILA, Philippines - Metropolitan Bank & Trust Company reported a 31.9 percent growth in consolidated net income to P11 billion last year from the P8.4 billion earned in 2010 as return on average equity improved to 11.2 percent from ...

Oil continues its rise, threatening US growth

San Francisco Chronicle - 
By JONATHAN FAHEY, AP Energy Writer The price of oil has surged 12 percent the past six weeks, pushed up by tensions with Iran, a cold snap in Europe and rising demand from developing nations.

Appellate court asked to reverse ruling on Banco Filipino

Business Mirror - 
THE Bangko Sentral ng Pilipinas (BSP) and its Monetary Board yesterday asked the Court of Appeals to reverse its January 27, 2012, decision ordering it to reopen Banco Filipino and to provide it with financial assistance of not less than P25 billion ...

SLMC's AUM Posts 11% Growth

Manila Bulletin - 
By CHINO S. LEYCO MANILA, Philippines - The mutual funds arm of Sun Life Financial-Philippines said yesterday that it posted P21.46 Billion in assets under management (AUM) last year, up by 11 percent from the previous year's level.

Chevron begins expansion with new Mindanao outlet

BusinessWorld Online Edition - 
DAVAO CITY -- Chevron Philippines, Inc. has begun to implement a plan to establish 25 stations nationwide before the end of this year, opening its biggest Caltex station here yesterday.

IPVG ventures into mineral processing

BusinessWorld Online Edition - 
INFORMATION TECHNOLOGY firm IPVG Corp. has signalled its interest in entering the metal processing business via an acquisition, a disclosure to the local bourse yesterday showed.

Globe taps Alcatel-Lucent for $700M network upgrade

GMA News - 
Globe Telecom CEO Ernest Cu (2nd from right) answers speaks during a media briefing on February 15 at the Makati Shangri-la Hotel in Makati City.

Rice terraces show how ancient farmers did it

Malaya - 
THE Ifugao rice terraces are examples of how simple farmers, with simple technologies, often lead the way in innovative farming systems.

'Hot money' flows into Phl at a faster pace

Philippine Star - 
MANILA, Philippines (Xinhua) - Foreign portfolio investments, also known as "hot money," in the Philippines rose to $586 million in January, the central bank said today.

Recent flooding in Mindanao raises need for disaster risk management

Philippine Star - 
CAGAYAN DE ORO CITY, Philippines (Xinhua) - The recent flooding triggered by a rare typhoon that devastated a southern Philippine region has raised the need for local officials to enforce a disaster preparation plan.

Century Properties eyes infusion from Dutch firm

BusinessWorld Online Edition - 
CENTURY PROPERTIES Group, Inc. is looking to sell shares to Dutch investor APG Strategic Real Estate Pool NV, a disclosure to the Philippine Stock Exchange (PSE) showed yesterday.

Huge discounts deals at Travel Expo 2012

Manila Standard Today - 
by Dinna Chan Vasquez Last year, the Philippines recorded 3.9 million visitor arrivals. This year, 4.2 million visitor arrivals are expected.

Health


Is Weight Loss Contagious?

Allure Magazine (blog) - 
by Kate Sullivan, Writer , February 16, 2012, 11:02:15 AM Last year, we reported on the controversy over whether obesity could really be labeled "contagious" based on a Harvard study.

Inexpensive healthy food in 'Pinoy MD'

GMA News - 
Eat your way to good health in this Saturday's episode of GMA-7's Pinoy MD. Join Connie Sison and her team of health experts as they clue you in on new and healthy ways to cook two Filipino food staples: mealtime favourites tilapia and sayote.

Antibiotics for most sinus infections are anti-effective

American Council on Science and Health - 
Sinus infections are miserable. Anyone suffering from one wants relief as soon as possible. The tricky thing is, the overwhelming majority of such infections are caused by viruses; only about 2 percent of sinus infections are bacterial.

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.

Request for Houston Records Par for Course

MedPage Today - 
By Kristina Fiore, Staff Writer, MedPage Today The fact that the Los Angeles county coroner's office has issued subpoenas for Whitney Houston's medical and pharmacy records is standard procedure in many cases, particularly when a death is suspected to ...

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.

DC group calls for closure of Heart Attack Grill

The Associated Press - 
LAS VEGAS (AP) - A Washington, DC-based anti-meat advocacy group is asking the owner of a Las Vegas restaurant that prides itself on unhealthy meals to shut down after a customer suffered a medical episode and was hospitalized.

Microchip delivers drug; can it replace shots?

Reuters - 
By Julie Steenhuysen | CHICAGO (Reuters) - An implantable, wireless microchip delivered osteoporosis medicine to a small group of Danish women, raising hope for a new kind of drug delivery device that might allow patients to skip regular injections, ...

10-hour surgery separates conjoined twins

New Straits Times - 
SAO PAULO: Brazil's conjoined twins Israel and Levi were separated successfully Wednesday at Maternity Hospital of Goiania in a surgery that lasted nearly 10 hours, the twins' doctor told AFP.

FDA Warns Health Officials About Counterfeit Cancer Drug

Yahoo! Contributors Network - 
By Vanessa Evans By Vanessa Evans | Yahoo! Contributor Network - 10 mins ago This story comes from the Yahoo! Contributor Network, where individuals publish their unique perspectives on some of the world's most popular websites.

E-Cig Explodes in 57-year-old Man's Mouth, So Are They Safe or Not?

Medical Daily - 
By Christine Hsu A severely burned Florida man who also lost some of his teeth and parts of his tongue is when an electronic cigarette exploded in his mouth is recovering in the hospital, fire officials said on Wednesday.

NICE holds out for more data on Botox for migraine

FiercePharma - 
The UK's cost-effectiveness watchdog is looking askance at Botox for chronic migraine. The National Institute for Health and Clinical Excellence has asked Allergan ($AGN) for more data to back up its contention that the injectable drug, best known for ...

Slower walking speed more likely to lead to dementia, but eating curry may ...

TODAYonline - 
LONDON - A middle-aged person's walking speed and hand grip strength may help doctors determine how likely they are to develop dementia and stroke, according to new research in the United States published yesterday by the American Academy of Neurology.

This Treatment Literally Heals Broken Hearts

Wall Street Daily - 
And with Valentine's Day only two days ago, I thought I'd follow up with an article about a different kind of heart-based innovation.

Air Pollution Linked to an Increased Risk of Strokes, Heart Attacks

KOWB - 
In a study published Monday in the Archives of Internal Medicine, analysis of over a decade of data suggests that even a brief rise in traffic-related air pollution could increase someone's short-term risk of stroke.

Focus on women in reducing risks

Carman Valley Leader - 
By Angela Brown, QMI Agency During Heart Month in Manitoba the Central Regional Health Authority is reminding women they need to take as much notice as men in protecting their heart health and watching for the symptoms to indicate they might be having ...

Mental health commissioner to meet with Tuscaloosa leaders

Tuscaloosa News - 
Alabama Department of Mental Health Commissioner Zelia Baugh will be in Tuscaloosa Friday to discuss with Tuscaloosa leaders her plan to close four of the six state mental hospitals and put mentally ill clients into community care.

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