Friday, March 2, 2012

02 MAR 2012, FRI: Bus & Health

Business


P/$ rate closes at P42.80/$1

Manila Bulletin - 
MANILA, Philippines - The peso exchange rate closed lower at P42.80 to the US dollar yesterday at the Philippine Dealing & Exchange Corp.

MPIC's Profit Surges 76% To P5.06 Billion, Earmarks P23.3-B Capex

Manila Bulletin - 
By JAMES A. LOYOLA MANILA, Philippines - Metro Pacific Investments Corporation (MPIC) reported a 76 percent jump in net income attributable to owners of the parent company to P5.06 billion in 2011 from the P2.87 billion earned in 2010.

ADB chief upbeat on growth

BusinessWorld Online Edition - 
THE PHILIPPINE ECONOMY could grow by 5% this year, the Asian Development Bank (ADB) chief yesterday said, despite risks presented by a deteriorating global environment and rising oil prices.

Power outage disrupts Naia 3 flight operations

Inquirer.net - 
By Tina G. Santos A power outage lasting almost five hours disrupted operations at the Ninoy Aquino International Airport (Naia) Terminal 3 past midnight on Thursday.

BIR files tax evasion cases amounting to more than P80M

BusinessWorld Online Edition - 
CRIMINAL CHARGES were filed yesterday by the Bureau of Internal Revenue (BIR) against three individuals for non-declaration of income and failure to pay over P80 million in taxes.

GT Capital plans April listing

BusinessWorld Online Edition - 
GT CAPITAL Holdings, Inc., the flagship firm of banking tycoon George SK Ty, plans to start conducting its P24.65-billion initial public offering (IPO) early next month, documents showed.

Palace eyes auction of mineral rights, metals miners up output by 9%

GMA News - 
As the Mines and Geosciences Bureau (MGB) reported out Thursday a nine percent increase in metal mining output traced to operations of new investors, Finance Secretary Cesar Purisima revealed the same day that the “auction of mineral rights” is a ...

Improved labor market sparks hope for economy

Manila Standard Today - 
by Elaine Ramos Alanguilan THE improved performance of the country's labor market last year bolsters optimism about the economy's growth prospects this year, according to Economic Planning Secretary Cayetano Paderanga Jr.

Tobacco production expected to slow down due to bad weather, says NTA

BusinessWorld Online Edition - 
PRODUCTION OF tobacco is expected to slow down by 3% this year due to projected bad weather in tobacco-producing provinces, an official said yesterday.

MVP confirms interest in acquiring GMA 7 stake

Inquirer.net - 
Businessman Manuel V. Pangilinan confirmed Thursday his interest to invest in broadcasting giant GMA Network Inc., or GMA 7, citing a similar consolidation route taken by global media groups elsewhere in the world.
GMA »
MVP confirms interest in GMA-7
PLDT still interested in buying GMA-7

Meralco, Aboitiz Ink Pagbilao Deal

Manila Bulletin - 
By MYRNA M. VELASCO MANILA, Philippines - At least 350 megawatts of the capacity of the Pagbilao coal-fired power facility had already been committed to fill in the gap on the supply needs of Manila Electric Company (Meralco) for the next seven years.

Bourse bucks regional retreat, hits record high

BusinessWorld Online Edition - 
BANGKOK/MANILA -- Philippine shares hit an all-time intraday high yesterday on expectations the central bank would cut interest rates to boost the economy, but most other Southeast Asian stock markets succumbed to profit taking as investors locked in ...

Euro Ministers Keep Pressure on Greece as Debt Swap Advances

San Francisco Chronicle - 
(For more debt-crisis news, click on EXT4.) March 2 (Bloomberg) -- Euro-area finance ministers kept up pressure on Greece as they authorized the region's bailout fund to raise money for a bond exchange, the first step in releasing funds from a 130 ...

DBP aims to earn P5B via Tier-2 notes sale

Inquirer.net - 
Development Bank of the Philippines hopes to raise P5 billion from the sale of Tier-2 notes to expand its capital base and support its lending activities.

Global stocks, oil rise on data, ECB cash injection

Reuters India - 
By Herbert Lash | NEW YORK (Reuters) - Global stocks rose on Thursday as investors focused on an improving US labor market and other data in hopes the rally would advance further, while crude oil surged on news that Israel would soon test-fire a ...

Oil highest since 2008 on Saudi pipeline report

GMA News - 
NEW YORK - Oil surged nearly 5 percent in heavy trading on Thursday, and to its highest since the record run in 2008, as a late report out of Iran of a pipeline fire in top exporter Saudi Arabia triggered a rush of buying.

Government eyes revenue from mining

Inquirer.net - 
By Norman Bordadora The Aquino administration wants the government to get its “fair share” of the revenues generated from the mining industry amounting to more than a trillion pesos.

The Sky's The Limit for Teresita Sy-Coson

Forbes - 
By Sunshine Lichauco de Leon When Teresita Sy-Coson was 5 years old her maternal grandfather, who owned a small shoe store in downtown Manila, would take her to the bank as part of his daily business routine.

Philippine Tourism Information Portal launched

GMA News - 
To further boost the government's efforts to bring in tourists, the Department of Foreign Affairs (DFA) and the Department of Tourism (DOT) have jointly launched an online tourism information portal.

Summary Box: Dealers' panel says Greek restructuring agreement won't spark an ...

Washington Post - 
NO INSURANCE PAYOUT: A panel meeting in New York and London said the pact that Greece reached last week to reduce the face value of its bonds doesn't amount to a default for insurance purposes.

Health


Stress Makes Us Optimistic

dailyRx - 
If you know you need to weigh your options before making an upcoming decision, the best time to do so is when you're feeling stress-free.

Syphilis tests could save a million babies-experts

Reuters Africa - 
By Kate Kelland LONDON, March 1 (Reuters) - The lives of almost a million newborn babies could be saved every year if simple, cheap and rapid tests for syphilis were offered to pregnant women in poorer countries, global health experts said on Thursday.

Coffee drinking not linked to chronic illnesses

NewsChannel 9 WSYR - 
Syracuse (WSYR-TV) - Good news for coffee drinkers: a new study found that if you're a coffee drinker in good health, you're at no greater risk of developing a chronic disease than a person who does not drink java.

High-dose vitamin D may alleviate menstrual cramps: Study

NutraIngredients.com - 
Women who experience painful menstrual cramps could find relief from high-dose vitamin D3, according to new research - which suggests the dietary supplement could provide a alternative to painkilling drugs that are currently used.

Wii Sports Games Not Real Exercise

Fox News - 
Getty If you think playing a Wii sport game is helping your child exercise, think again. Under laboratory conditions, children using Wii video games have been shown to reach vigorous levels of exertion.

PCA study: VCO good for body

Business Mirror - 
THE intake of virgin coconut oil (VCO) reduces triglycerides and very low density lipoprotein (VLDL or bad cholesterol) in the body and increases high density lipoprotein (HDL or good cholesterol), a study sponsored by the Philippine Coconut Authority ...

Healthy Hollywood: Ask Keri Glassman -- Kick The Soda Habit!

Yahoo! Philippines News - 
Nutritionist Keri Glassman is back with Access' Healthy Hollywood team. Keri, who regularly shares her expertise on Access Hollywood and Access Hollywood Live, is now answering your nutrition, diet, and health questions.

Older people more satisfied with sleep levels, study says

Montreal Gazette - 
They may have to rewrite the saying "sleep like a baby" after a recent study showed our sleep actually improves with age.

Cigarette Warnings Violate 1st Amendment, Federal Judge Rules

Reuters - 
By Stephanie Rabiner, Esq. at FindLaw.com The Food and Drug Administration's new cigarette warnings took another hit on Wednesday.

Massachusetts Senate passes bill to allow verbal instead of written consent ...

Boston.com (blog) - 
By Kay Lazar, Globe Staff The state Senate approved a proposal today that lawmakers say will provide greater access to HIV tests and bring Massachusetts into compliance with federal recommendations aimed at promoting more testing.

Cholesterol drug side effect warnings possible

Stuff.co.nz - 
New Zealand doctors may soon have to warn hundreds of thousands of New Zealanders that their cholesterol-lowering medication increases the risk of diabetes and dementia.

Euthanasia squads offer death by delivery

The Independent - 
Google may be under fire for its sharing of personal data but sharing data is what the internet is a... Spring is in the air - and it's time to put your home on the market.

Web therapy helps teens with chronic fatigue

CBC.ca - 
Internet-based treatment may help teens with chronic fatigue syndrome to recover, researchers have found. In a study published in Thursday's issue of the medical journal The Lancet, Dutch researchers said 63 per cent of adolescents who received the ...

Pregnant smokers not helped by the patch

American Council on Science and Health - 
The nicotine patch has been found no more beneficial in helping pregnant women quit smoking than it is for smokers in general, according to a study just published in The New England Journal of Medicine.

Breast cancer death rate drops over 10pc in five years

Telegraph.co.uk - 
The proportion of women dying from breast cancer has dropped by more than 10 per cent in five years thanks to better treatment for the disease, say scientists.

Major fundraiser will support Boorowa cancer support services

Boorowa News - 
The Cancer Council is seeking the support of Boorowa as it prepares for its major fundraiser Relay for Life to be held in Young on 10-11 March.

Vitamin A Supplements Might Cut Melanoma Risk: Study

U.S. News & World Report - 
By Steven Reinberg THURSDAY, March 1 (HealthDay News) -- People who take vitamin A supplements might be cutting their risk of developing the deadly skin cancer melanoma, a new study suggests.

Healthy Living: Detecting prostate cancer

YNN, Your News Now - 
This year alone, nearly 30000 men will die from prostate cancer. Early detection means saving lives. Prostate cancer is considered a slow-growing cancer and men often die as the result of another health issue, or even old age.

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