Friday, March 16, 2012

16 MAR 2012, FRI: Bus & Health

Business


January '12 remittances exceed full year growth forecast

The Online Zamboanga Times - 
MANILA - Expansion of money sent home by overseas Filipinos in the first month this year exceeded the central bank's full year growth target of five percent after it grew by 5.4 percent year-on-year.

Philippine Stocks Approach Peak to Bourse CEO as Valuations Rise

Bloomberg - 
Philippine Stock Exchange Inc. (PSE) Chief Executive Officer Hans Sicat said the nation's stock market is close to a peak, a day after the benchmark index climbed to the highest level since 2007 versus net assets.

Philippines has lower jobless rate than US

Inquirer.net - 
By Ronnel W. Domingo The Philippines enjoys a lower unemployment rate than the United States, which registered at 8.3 percent in January, according to Socioeconomic Planning Secretary Cayetano W. Paderanga Jr.

Realty firm rapped with P83-M tax evasion case

The Online Zamboanga Times - 
MANILA - The Bureau of Internal Revenue (BIR) filed on Thursday before the Department of Justice (DOJ) an P83-million tax evasion case against a realty company for claiming improper deduction.

Lawmaker asks Senate to review oil deregulation law

BusinessWorld Online Edition - 
A LAWMAKER has pushed anew for a review of the country's oil deregulation law to strengthen the government's monitoring powers and to properly address fuel price hikes, a statement released yesterday said.

Visa sees growth in card business

Malaya - 
BY JENNIFER AMBANTA VISA Inc., a leader in electronic payment system, expects its business in the Philippines to grow "north of 17 percent" while sees global growth in its card business from "a high single-digit to low double-digit" this year.

Smart refinancing P5.5B in loans

Inquirer.net - 
Smart Communications Inc. is refinancing P5.5 billion worth of loans to take advantage of the low-interest-rate environment. In a statement, Smart said it would issue five- and 10-year fixed rate notes by next week to raise the amount needed for the ...

Weed out excess jeepneys from streets

Inquirer.net - 
Transport strikes are an excellent opportunity to reduce the number of jeepneys, buses and tricycles on the streets. Our problem in the urban areas is that we have too many vehicles and too few streets.

UK diplomat accused of tobacco lobbying

Financial Times - 
By Kiran Stacey and Rose Jacobs A senior British diplomat has been accused of breaking UK and international health guidelines by lobbying his host government on behalf of a tobacco company, in a sign of the ethical dilemmas thrown up by the foreign ...

Heavy demand expected as iPad goes on sale Friday

CBS News - 
NEW YORK - Let the wild rumpus start. The customary storefront crowds are expected to gather as Apple's latest iPad goes on sale Friday.

NFA Sets Deadline On Rice Imports To Avoid Paying Duties

Manila Bulletin - 
SINGAPORE (Reuters) - The Philippines, the world's biggest rice buyer in recent years, has set a June 30 deadline for importers of the grain to avoid duties on 380000 tons of shipments, a National Food Authority (NFA) official said on Thursday.

3 major fund-raising activities get SEC nod

Inquirer.net - 
The Securities and Exchange Commission on Thursday approved three major fund-raising activities by major corporations GT Capital Holdings Inc., San Miguel Brewery Inc. and East West Bank worth more than P50 billion.

Abolition of price classification sought

BusinessWorld Online Edition - 
THE DEPARTMENT of Finance (DoF) has called for the abolition of the price classification freeze under the current excise tax system, saying it will encourage free competition in the tobacco industry.

Lawmaker pushing probe on PAGCOR casino project

BusinessWorld Online Edition - 
A LAWMAKER has asked the Senate to look into the status of a state-owned gaming company's project to put up a "Las Vegas-style" casino and tourism complex in the reclaimed area of Manila Bay.

Improved perks for BPO firms sought

Inquirer.net - 
The government needs to improve tax and other forms of incentives for business process outsourcing (BPO) firms, or risk losing out to other locations like China and Vietnam that offer lower costs for new investors.

Manufacturing output grew in Jan., says NSO

Inquirer.net - 
The value and volume of manufacturing output returned to the growth path in January, growing by 2.6 percent and 0.2 percent year on year, respectively, according to the National Statistics Office.

Bureau of Customs seizes food, clothes

Inquirer.net - 
The Bureau of Customs (BOC) on Thursday ordered the seizure at the Port of Manila of 10 container vans containing P23.1-million worth of agricultural products, hardware and used clothing that were allegedly misdeclared by their consignees.
Over P23-million smuggled goods seized
Customs seizes P23-m shipment

Tune Hotel Group to have 7 PHL branches by 2013, Ermita unit opens doors

GMA News - 
The expansion program of Malaysia-based Tune Hotel Group—expected to cost $35 million to $70 million—will have seven branches of its “limited service” budget travel accommodations in key cities of the Philippines by next year.

Government not keen on transport fare hikes

Inquirer.net - 
By Paolo G. Montecillo High fuel prices alone are not enough to justify a hike in jeepney and bus fares, the government said, amid calls by transport groups for drastic measures to mitigate the effect of rising costs.

What would Kermit make of such muppetry?

Telegraph.co.uk - 
Goldman Sachs needn't fear copyright lawyers, but they might need to smooth-talk their clients. By Allan Massie The investment banker Greg Smith, departing in umbrage or disillusion from Goldman Sachs, reveals that it is customary there to refer to ...

Health


What you're itching to know about food allergies…

Business Mirror - 
WE Filipinos are known as food lovers or “foodies”—perhaps the only nation in the world whose people jokingly claim to daily indulge in “three-squared meals,” or nine in all: the usual breakfast, lunch and dinner, plus six snacks in between, ...

Red meat: What makes it unhealthy?

Los Angeles Times - 
On Monday, researchers at the Harvard School of Public Health released study results showing that red meat consumption was associated with a higher risk of early death.

Some Schools Planning to Drop 'Pink Slime' Meat

ABC News - 
The lunch lady won't be serving up "pink slime" anymore at several school districts around the country. Under a change announced Thursday by the US Department of Agriculture, districts that get food through the government's school lunch program will be ...

Live Organ Donation: A Tale of Two Kidneys

ChicagoNow (blog) - 
By Mary Tyler Mom, today at 10:15 am This will be the first of several posts covering the live kidney donation of Andy to Jeffrey.

Zambo City steps up anti-rabies drive

The Online Zamboanga Times - 
ZAMBOANGA CITY - The city government, through the City Veterinarian's Office, continues its aggressive campaign against rabies as it commemorates the National Rabies Awareness Month.

Noted Mesothelioma Victim to be Subject of Australian Miniseries

Seedol.com (blog) - 
Two-part miniseries chronicling the life of Bernie Banton, an Australian man who became a social advocate for asbestos disease compensation following his mesothelioma diagnosis, will premiere later this year on Australian television.

New anti-smoking ad campaign launched

GMA News - 
US health officials launched a $54 million advertising campaign on Thursday depicting the health risks of smoking in gruesome detail, offering the latest salvo in the government's campaign to deglamorize cigarette smoking.

Sex-deprived male flies go for the booze, study finds

USA TODAY - 
NEW YORK - Guys, when your sweetheart says "No thanks" to sex, do you knock back a few stiff drinks to feel better? Turns out fruit flies do pretty much the same thing.

UK: 7000 more women have faulty breast implants

USA TODAY - 
Around 300000 women in 65 countries have received implants made by Poly Implant Prothese (PIP), a now-defunct manufacturer in southern France.

Mobiles, Mice And Health: The Evidence Isn't Clear

Gizmodo Australia - 
A new study in the controversial area of how mobile phones impact our bodies suggests that mice exposed to high levels of mobile phone signal might be more prone to attention deficit hyperactivity disorder (ADHD).

Breastfeed exclusively for first six months? Surveyed moms say no way

CBS News - 
(Credit: iStockPhoto) (CBS News) The World Health Organization and many other government organizations recommend that mothers breastfeed their children at the very least for the first six months of life.

Shire drops out of pharmaceutical sales race for new Fabry drug

MedReps (subscription) - 
In a move that could affect potential pharmaceutical sales profits, Shire Pharmaceuticals has ended its attempt to win approval for its biologic treatment for Fabry disease, a rare genetic disorder.

Human Rights: Fatty Food Lowers Sperm Count

The Daily Activist - 
Just Weird - Fatty foods have always had a bad rap and now they're making headlines again, except this time they're not causing heart attacks.

Trans fatty acids may produce negative behavior

ABC7Chicago.com - 
March 15, 2012 (WLS) -- A new study finds eating a diet high in trans fatty acids might be associated with negative and even aggressive behavior.

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