Tuesday, February 28, 2012

28 FEB 2012, TUE: Bus & Health

Business


First franchise for e-jeepney launched in Makati

Dateline News - 
The Philippines marked a historic moment in public transportation on Monday, Feb. 27, when the first commercial e-jeepney franchise in the country was formally launched in Makati City.

War at Wynn Opens a Legal Can of Worms

New York Times (blog) - 
By PETER J. HENNING What the Deal Professor described as an “all-out war” between Wynn Resorts and Kazuo Okada, the Japanese pachinko machine magnate who has been ousted as a director and shareholder, is not just a boardroom battle over control of the ...

MPIC moves to purchase remaining shares in Asian Hospital

BusinessWorld Online Edition - 
METRO PACIFIC Investments Corp. (MPIC) is preparing to buy the remaining 43.5% shares in Asian Hospital, Inc. after the conglomerate acquired a majority stake in the hospital last year, disclosure to the local bourse yesterday showed.

Banks trim bad debt exposure

Inquirer.net - 
Universal and commercial banks trimmed their exposure to bad debts to a record low since the Asian financial crisis, the Bangko Sentral ng Pilipinas has reported.

Aboitiz, Manila Electric, San Miguel: Philippine Equity Preview

Bloomberg - 
Shares of the following companies may have unusual moves in Philippine (PASHR) trading. Stock symbols are in parentheses and prices are as of the previous close, unless stated otherwise.

BAT takes another stab at the market

BusinessWorld Online Edition - 
BRITISH AMERICAN Tobacco (BAT) has resumed operations in the Philippines in the belief that a level playing field will be available given the government's push for excise tax reforms.

Authorities eye speed limit for buses in NCR

GMA News - 
In a bid to curb bus-related accidents in Metro Manila, transportation authorities are studying installing speed limiters on buses plying major routes in the metropolis.

Gov't asks EU to develop ocean energy in Philippines

Inquirer.net - 
The Philippines is one of the best places where companies can harness ocean energy, Energy Secretary Jose Rene D. Almendras said Monday, as he urged European countries to develop technologies that could tap this renewable resource.

Semirara Mining seals deal for P11.5-B power plant loan

BusinessWorld Online Edition - 
SEMIRARA MINING Corp. has bagged a P11.5-billion loan from three banks for the construction of its 300-megawatt (MW) coal-fired power plant in Batangas, the firm said in a disclosure yesterday.

WB eyes new Mindanao projects

Inquirer.net - 
The World Bank is looking at the possibility of funding more projects in Mindanao to unleash the island's full economic potential.

Court grants indefinite TRO for John Hay

Sun.Star - 
By Ma. Elena Catajan A LOCAL court extended Monday a temporary restraining order (TRO) against the Bases Conversion Development Authority (BCDA) preventing any takeover of Camp John Hay.

Dow used intelligence firm to monitor activists, reveals WikiLeaks

Economic Times - 
NEW DELHI: WikiLeaks has revealed that the US-based intelligence firm Strafor was allegedly tracking activists seeking redressal for the 1984 Union Carbide gas disaster in Bhopal.

Finance expert: PH to shine in global community soon

Inquirer.net - 
Manila - Visiting personal finance guru Suze Orman sees the Philippines soon shining in the global community as an investment hub and having more of its households emancipated out of their dependence on overseas remittances.

Krugman Says Greece Running Out of Alternatives to Euro Exit

San Francisco Chronicle - 
Feb. 27 (Bloomberg) -- Nobel-prize winning economist Paul Krugman said Greece is "close" to having no option but to quit the euro as austerity measures imposed on the nation hamper its economic recovery.

Clarify Banco Filipino rulings, Palace tells Solicitor General

Inquirer.net - 
By Christine O. Avendaño Malacañang will ask Solicitor General Francis Jardaleza to clarify the two opposing rulings issued by two different divisions of the Court of Appeals regarding Banco Filipino Savings and Mortgage Bank, a Palace official said ...

New group to monitor BOC collection formed

Business Mirror - 
Customs Commissioner Rozanno Rufino Biazon will form a new team to enhance the agency's revenue collection, after his bosses assigned a higher collection target to the agency this year.

Higher growth seen amid increased risks

BusinessWorld Online Edition - 
THE GOVERNMENT remains confident it will achieve this year's 5-6% economic growth target, a Cabinet official yesterday said, even as it sees risks from rising oil prices and continued problems in the euro zone.

Significant tax changes

BusinessWorld Online Edition - 
The business sector should take note of the recent developments in the value-added tax (VAT) rules adopted by tax authorities and other related compliance requirements.

HSBC boss's £6m bonus – but bank made £14bn

The Sun - 
By STEVE HAWKES, Business Editor THE boss of HSBC has been given a £6million bonus after the bank made almost £14billion profit.

Peso touches 43-level, closes weaker vs US dollar

The Online Zamboanga Times - 
MANILA - The Philippine peso touches the 43-level Monday and closed weaker against the US dollar as investors anticipate further cut in central bank's policy rates this week.
Peso returns to P43 territory

Health


Tolentino reaching for the sky(bridge)

Philippine Star - 
MMDA chairman Francis Tolentino is undoubtedly creative in finding ways to solve the perennial problem of traffic in Metro Manila.

Quadruple transplant patient dies

Herald Sun - 
A TURKISH patient who underwent what was touted as the world's first quadruple limb transplant has died, the hospital announced.

Local dentist backs report

ABC Online - 
A leading local dentist is backing the findings of a national dental review, which calls for a 10 billion-dollar investment by Federal, state and territory governments.

New vaccines could shut down flu virus before mutation

GlobalPost - 
An emerging class of flu vaccines could for the first time allow for the first time prevent wide-scale spread of influenza by shutting down the virus' ability to spread and mutate.

Blessed are the pacemakers and other heart devices

Philippine Star - 
The most common reason for having a pacemaker implanted is a heart rate that's slower than normal, a condition called bradycardia, where the heart rate is less than 50 beats a minute.

Health department gets P306M for rural health services

Inquirer.net - 
MANILA - The Department of Health has received P306.6 million in continuing appropriations under the 2011 budget to fund to beef up services in rural areas.

Youths 'underestimate alcohol unit'

The Press Association - 
Many young people underestimate how much alcohol they drink even if they have some knowledge of the Government's guidelines on sensible consumption, a study says.

Roperos: Lenten season

Sun.Star - 
By Godofredo M. Roperos WHEN I opened a folded national daily yesterday, my eyes were instantly drawn to a one column by-lined story with a humble twin line head of 14 points or maybe 16 points font that said: “No seafood splurge in Lent, says bishop.

An Orange a Day...

Written by
Care2.com - 
Eating lots of citrus fruits may lower the risk of ischemic stroke by as much as 19 percent in women, according to a new study. Ischemic stroke occurs when blood flow to the brain becomes blocked.

Bird flu may not be so deadly after all: scientists

Business Recorder (blog) - 
Bird flu may be far less lethal to people than the World Health Organisation's assessment of a death rate topping 50 percent, scientists said on February 23 in a finding that adds fuel to the heated controversy over publication of bird flu research.

Fast food nutrition labeling is 'confusing' and 'ineffective'

New York Daily News - 
Fast food chains are doing a bad job of making nutritional information of their menu items clear and easy to digest, according to a recent study.

Mirrors ease Cambodian amputees' phantom pain

Sin Chew Jit Poh - 
Canadian trainer Stephen Sumner (R) assists a Cambodian amputee to use a mirror during the first mirror therapy training session at the Cambodia Trust, a rehabilitation charity for amputees in Kampong Chhnang province, some 90 kilometers northwest of ...

Nepal shamans spread message to Westerners

AFP - 
KATHMANDU - Her body begins shaking as she mumbles an ancient shaman mantra to the beat of a double-sided drum, coaxing snake spirits out of a young Nepali man who has "lost his soul".

7 species of uncooked freshwater fishes can cause liver cancer

Tempo - 
PHNOM PENH (PNA/Xinhua) - Cambodia's health officials said Sunday that a study found that at least seven species of freshwater fishes in the country can cause human liver cancer if they are not cooked well before eating.

Women possess potentially 'unlimited' supply of eggs

Indian Express - 
Women could have the opportunity to give birth with their own eggs later in life as they possess a potentially “unlimited” supply of them, scientists say.

New flu virus is found in bats

AFP - 
WASHINGTON - A new strain of influenza A has been found in fruit bats, indicating for the first time that bats, like birds, can be carriers of the virus, though it is not believed risky to humans, according to US health authorities.

Wii games don't mean kids exercise more: study

WHNT - 
(Reuters) - Virtual boxing, tennis and dancing along with video game systems may not be helping children meet daily exercise requirements, according to a US study.

Scripps Study Finds Higher Death Risk With Sleeping Pills

MarketWatch (press release) - 
SAN DIEGO, Feb 27, 2012 /PRNewswire via COMTEX/ -- People are relying on sleeping pills more than ever to get a good night's rest, but a new study by Scripps Clinic researchers links the medications to a 4.6 times higher risk of death and a significant ...

India Polio Battle: Country Removed From WHO Polio List

Huffington Post - 
NEW DELHI -- India marked a major success in its battle against polio Saturday by being removed from the World Health Organization's list of countries plagued by the crippling disease.

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