Tuesday, March 20, 2012

20 MAR 2012, TUE: Bus & Health

Business


Apple declares dividend, plans $US10bn share buyback

NEWS.com.au - 
APPLE is finally acknowledging that it has more money than it needs. But don't expect it to cut prices on iPhones and iPads. Instead, the company announced that it will reward its shareholders with a dividend and a share buyback program.

WB study shows how to spur 'inclusive growth' in the PHL

GMA News - 
Accelerated economic growth could be achieved by the Philippines this year and the next if it can put in place key reform measures, according to the latest World Bank assessment of the country's prospects.

BIR tops January collection target

Tempo - 
Manila, Philippines - The Bureau of Internal Revenue (BIR) reported yesterday a collection of P85.1 billion for January, P10.5 billion or 14 percent higher compared to the collection of P74.5 billion in the same month last year.

US agency finds 23 flaws in PH airports

Inquirer.net - 
By Tina G. Santos AIRPORT SECURITY Among the concerns raised by international air safety organizations is the alleged inadequacy of security systems in the country's airports.

P-Noy: 12% oil VAT used to subsidize MRT, LRT fares

Philippine Star - 
By Aurea Calica (The Philippine Star) Updated March 20, 2012 12:00 AM 0 MANILA, Philippines - President Aquino explained that the 12 percent value added tax on oil products will not likely be lifted since the government is paying for various social ...

Passenger car sales zoom 117% to 2025 units in Feb

GMA News - 
The Association of Vehicle Imports and Distributors, Inc. (AVID) said Monday higher sales of Hyundai, Chevrolet, and Mini vehicle models offset declines in other brands to boost their group's sales by 46 percent to 2881 units—2025 of which were ...

BSP: Balance of payments stood at surplus in Feb.

Inquirer.net - 
The Philippines' balance of payments hit a surplus of $588 million in February as foreign currencies' inflows exceeded the outflows.

Petron moves to acquire rest of Esso Malaysia

BusinessWorld Online Edition - 
PETRON CORP., through its international arm, has formalized its offer to buy the remaining shares of Esso Malaysia Bhd. Petron Corp.

Pure Foods to invest P2.5 billion into new grains terminal

BusinessWorld Online Edition - 
SAN MIGUEL Pure Foods Co., Inc. plans to invest P2.5 billion in a new grains storage facility in Batangas as part of efforts to lower operation costs and boost profits, a disclosure to the local bourse yesterday showed.

Fare hike to be decided this week

BusinessWorld Online Edition - 
INCREASED FARES for public utility jeepneys will be decided this week according to the Land Transportation Franchising and Regulatory Board (LTFRB).

Gas marketers seek govt's intervention on pricing, affordability

The Nation - 
By Emeka Ugwuanyi 12 minutes ago The Nigeria Liquefied Petroleum Gas Association (NLPGA) has called on the Federal Government to intervene in the liquefied petroleum gas (LPG) sector by making the product affordable to ordinary Nigerians.

Cebuano wins P68-M lotto jackpot

Journal Online - 
A BETTOR from Krus na Ligas in Quezon City and from Lapu Lapu, Cebu, emerged as instant millionaires in separate draws of 6/42 and 6/55 Grand Lotto last March 17, respectively.

Incentives for hybrid cars pushed

Journal Online - 
A BILL that seeks to provide incentives for hybrid vehicles was approved on second reading in the House of Representatives. The House Bill 5460 seeks to provide incentives for the manufacture, assembly, conversion and importation of electric, ...

PH to import 120000 MT of rice

Inquirer.net - 
MANILA, Philippines—The Philippines is expected to import rice from Vietnam or Thailand to boost its buffer stocks for the lean months, the National Food Authority (NFA) said on Monday.

PCEV to delist next quarter

BusinessWorld Online Edition - 
PLDT COMMUNICATIONS and Energy Ventures, Inc. (PCEV) has filed a petition to voluntarily delist from the bourse by May 18. The petition comes as majority stockholder Smart Communications, Inc. begins the tender offer for the remaining 57 million PCEV ...

Franchising to grow 20-30%

Malaya - 
By IRMA ISIP The Philippine franchising industry would post a faster growth of 20 to 30 percent this year on top of the 17 percent growth posted in 2011.

Airport expansion project award in April: CIAC

BusinessWorld Online Edition - 
AWARDING OF the expansion project at the Diosdado Macapagal International Airport (DMIA) could take place next month, an official said, even as the Clark International Airport Corporation (CIAC) is evaluating the lowest bid.

TVI urges gov't to plug loopholes in mining talks

Inquirer.net - 
Copper producer TVI Resource Development (Phils.) Inc. urges the government to expand its view on revenue sharing by the minerals industry to “public sector share” rather than the “more limited government share.

WESM Prices Show Recurrent Hikes

Manila Bulletin - 
Tight supply conditions have been triggering recurring price spikes in load weighted average price (LWAP) at the Wholesale Electricity Spot Market (WESM), which in turn may drive up rates to be billed to consumers by the next billing month.

PhilHealth Premium Hike Delay Lauded

Manila Bulletin - 
By JC BELLO RUIZ MANILA, Philippines - A migrant workers' welfare group on Monday welcomed the recent decision of the Philippine Health Insurance Corp.

Health


Sound taxation and sin taxes

Inquirer.net - 
“It is better to tax bad things than good things,” asserts Nobel prize-winning economist Joseph Stiglitz. Pollution, he thus argues, should be taxed more than work.

Bill eyed to scrap drug VAT

BusinessWorld Online Edition - 
A BILL will be filed in the Senate proposing to scrap the value-added tax (VAT) on medicines to lower the cost of essential drugs, a lawmaker said yesterday.

PCSO grants P10M to orthopedic hospital for digital x-ray machine

Business Mirror - 
THE Philippine Orthopedic Center (POC) is set to acquire a new digital x-ray machine for indigent patients through a P10-million grant from the Philippine Charity Sweepstakes Office (PCSO).

Active seniors may outlive sedentary peers

Manila Bulletin - 
NEW YORK - (Reuters Health) - A new study provides more evidence that physically active seniors may have a better overall health outlook.

Berry Good News: Blueberries May Cut Diabetes Risk

Everyday Health - 
Load up your fruit basket! A new study finds blueberries, apples, and other flavonoid-rich produce may lower the risk of type 2 diabetes by as much as 23 percent.

Comedian Gallagher suffers heart attack at Texas club

CNN - 
By Alan Duke, CNN American comedian Gallagher is "slowly recovering" from a heart attack suffered just before he was to perform at a Texas club.

Fake Viagra arrests in UK and Spain

BBC News - 
Six people have been arrested in the UK and Spain on suspicion of importing and selling fake drugs including Viagra. Some 300000 doses of fake drugs were seized in the south-eastern Spanish city of Murcia, the UK and Cyprus, in the operation ...

Depression In Coronary Stent Patients Raises Mortality Risk

Medical News Today - 
A study presented at the 12th Annual Spring Meeting on Cardiovascular Nursing In Copenhagen, Denmark, has demonstrated that the risk of mortality increases in patients with a coronary stent implant.

Sanofi to buy US medical device firm Pluromed

Reuters India - 
| PARIS (Reuters) - French drugmaker Sanofi has agreed to buy US medical device company Pluromed to expand its presence in biosurgery, it said in a statement on Friday.

Healthy Hollywood: Get Movin' Monday - A Toning Must For 50-Plus Women!

Yahoo! Philippines News - 
Who says everything goes south after 50? Just look at the rock-solid bodies of Madonna, Christie Brinkley, and Sharon Stone and you know mature women can be and are hotter than ever.

Orgasm From Exercise: All Hail The Female 'Coregasm'?

Written by
Huffington Post - 
Do you really have to do those much-touted kegel exercises? Not necessarily, new research claims. According to a recent study, the only fitness regimen you need to enhance your sexual pleasure may be your morning workout.

Gluttony gene swallows message to stop eating

gulfnews.com - 
London: The secret to staying slim could be all in your genes. Scientists say they have found the 'gluttony gene' which fails to tell your brain when you are full.

Feeding baby on demand associated with higher IQ in school: study

Shanghai Daily (subscription) - 
LONDON, March 19 (Xinhua) -- Should your baby be fed according to a schedule or on demand? A new study suggests that demand-feeding is associated with higher IQ scores, but a casual link can not be decided so far.

Province issues advisory over ticks that can carry Lyme disease

CTV.ca - 
The blacklegged tick is a known carrier for the bacteria that can cause Lyme disease. (Courtesy of the Centers for Disease Control and Prevention) Manitoba Health said an increase in blacklegged tick populations have been identified in the province.

How To Charge $1.6 Million For a New Drug And Get Away With It

Written by
in 1,144 Google+ circles
Forbes - 
Call it a warning shot: last week an Indian patent court shocked the $600 billion global pharmaceutical business by ordering Bayer, the German health care giant, to allow a tiny Indian generic drug company to sell cheap copies of the blockbuster cancer ...

Study allegedly links red meat consumption to increased mortality

Lexology (registration) - 
A recent Harvard School of Public Health (HSPH) study has claimed that daily meat consumption is associated with an increased risk of mortality from cardiovascular disease (CVD), cancer and other causes.

Should pregnant women curtail cell phone use?

Futurity: Research News - 
Mice that were exposed as fetuses to radiation from cell phones tended to be more hyperactive and had reduced memory capacity. (Credit: iStockphoto) YALE (US) - Exposure to radiation from cell phones during pregnancy affects the brain development of ...

Sleeping pill death risk increased by obesity

Barchester Healthcare - 
People who take sleeping pills could be at a greater risk of death if they are obese, according to a new study. Researchers found that obesity can nearly double the risk of mortality in those who are prescribed 18 or fewer pills during the space of a ...

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