Nov 082015
 
Comelec eyes faster transmission of election results

Newly appointed Commission on Elections (COMELEC) Chairman Andres Bautista (left) and commissioner Rowena Guanzon face the media at the COMELEC office in Intramuros, Manila on Monday. Bautista was the chairman of the Presidential Commission on Good Government (PCGG) prior to his new assignment. (MNS photo) MANILA (Mabuhay) — The Commission on Elections (Comelec) is eyeing a higher vote transmission rate in the 2016 national elections amid a negotiated bidding to provide the electronic results transmission services (ERTS) for next year’s polls. Comelec chairman Andres Bautista said the agency is now looking on the company with the ‘best offer” to provide the ERTS. The ERTS is the system used in the municipal, city, provincial, and national canvassing centers to send and receive transmitted results of voting. Bautista cited that in 2010, a vote transmission rate of 90 percent was recorded while it declined to 76 percent during the 2013 midterm polls. He said five companies had submitted their offer to the bids and awards committees of the Comelec. Among the companies who joined the bidding were Smartmatic International Corp., Edgecomm Inc., Ezcom Telecommunications Service and Solutions Corp., SOG Philippines Inc. and Arronet Solutions Integrator Inc. Comelec chairman Andres Bautista said the agency had resorted into a negotiated bidding after two failed biddings. The winning service provider will be the one to supply the system, equipment, and services of the ERTS with an approved budget of P558 million. Comelec data showed that Smartmatic had a bid of P507.7 million, Ezcom Telecommunications Services Read More …

Nov 032015
 
'Honor Thy Father' to be part of MMFF 2015

“Honor Thy Father,” which stars John Lloyd Cruz and directed by Erik Matti, will be part of the 2015 Metro Manila Film Festival.  MANILA, Philippines — The John Lloyd Cruz-starrer “Honor Thy Father” will be part of this year’s Metro Manila Film Festival. According to reports, “Honor Thy Father” will replace the historical film “Hermano Puli,” which was supposed to star GMA-7 artist Aljur Abrenica and to be directed by Gil Portes. It was earlier reported that “Hermano Puli” pulled out of the annual film festival due to lack of funding. READ: ‘Honor Thy Father’ may replace ‘Hermano Puli’ in MMFF “Honor Thy Father,” directed by Erik Matti, was submitted earlier this year to be part of the 2015 MMFF. However, it was not chosen as the film festival’s official eight entries and was instead sidelined as a one of the two reserve entries. The film premiered at the Toronto International Film Festival last September. Entertainment ( Article MRec ), pagematch: 1, sectionmatch: 1 It will also open this year’s Cinema One Originals film festival this November 8. With “Hermano Puli” backing out of the film festival, here are the eight entries in 2015 MMFF. “All You Need is Pag-ibig” (starring Kris Aquino, directed by Dan Villegas) “Beauty and the Bestie” (starring Vice Ganda and Coco Martin, directed by Wenn Deramas) “Buy Now, Die Later” (starring Alex Gonzaga, Rayver Cruz and Vhong Navarro, directed by Randolph Longjas) “Haunted Mansion” (starring Janella Salvador, directed by Jun Lana) “Honor Thy Father” (starring Read More …

Nov 022015
 
Loans to consumers surged 19% in H1

Philippine Daily Inquirer By: Paolo G. Montecillo, November 3rd, 2015 01:10 AM GROWTH in loans by banks to consumers for increased credit card use, as well as the purchase of new homes and cars, rose by a fifth at the end of June, outpacing the expansion the industry’s total portfolio. This reflected local banks’ eagerness to get more cash in consumers’ hands—an area of the business promising fat yields despite heightened competition. Data from the Bangko Sentral ng Pilipinas (BSP) showed consumer loans rose by 19.29 percent at the end of the first half to a record high of P959.18 billion. Consumer loans were up 2.83 percent from March, sustaining the quarter-on-quarter growth since 2008. In contrast, outstanding loans of the country’s major banks rose by 14.5 percent at the end of June. “BSP monitors the level and quality of consumer and other bank loans to ensure banks’ adherence to high credit standards,” the regulator said. “Consumer loans increased in June due to an increase in auto loans, credit card receivables and salary loans,” BSP said in a statement. Loans for new home purchases were down slightly quarter on quarter, but were still up significantly from year-ago levels. Residential real estate loans took the lion’s share of banks’ consumer portfolio, accounting for P409.17 billion or about 42 percent of the total. At the end of June, real estate loans were up 17.34 percent, but down 0.55 percent year-on-year. The three-month dip reflects more prudent lending by banks amid increased oversight Read More …

Nov 022015
 
Months after Mamasapano incident, over 500 hopefuls join PNP-SAF

A Philippine flag flown at half-mast at Fernando Air Base Tuesday as soldiers mourn the death of 44 members of the PNP Special Action Force killed during an encounter with Moro Islamic Liberation Front (MILF) fighters. The MILF claims the clash Sunday erupted due to lack of coordination, when the elite cops tried to capture Malaysian bomb expert Marwan. (MNS photo) MANILA (Mabuhay) – More than 500 hopefuls have enlisted to join the Philippine National Police-Special Action Force (PNP-SAF). According to the PNP-SAF Public Information Office (PIO), there were 548 trainees who enlisted for 2015. The latest batch, which consisted of 219 aspirants, took their oath on October 1. Meanwhile, over 300 did the same last July. The number of new recruits showed a slight increase from 2014’s 504 trainees and five times the number of aspirants in 2013 with only 107 SAF hopefuls. However, the number is still lower than 2012’s 734 recruits. PNP-SAF spokesperson Sr. Insp. Jayson Baldos said that the increase in recruits could be attributed to the heroism of the 44 SAF commandos who died during an operation in Mamasapano, Maguindanao last January. “Malaking bagay na in-idolize nila ang heroism ng SAF. Especially in the south, mas maraming nag-apply ngayong 2015. Maraming recruits na nanggaling ng Mindanao,” he said. Inspired by uncle’s heroism PO1 Carl Lester Cambel used to be a nurse. But he decided to join the SAF and took his oath with the latest batch. When asked what made him choose the dangerous life Read More …

Nov 012015
 
New GROHE Dual Tech Training Facility opens in the Philippines

By: INQUIRER.net, November 2nd, 2015 11:48 AM MANILA, Philippines – Since 2009, water fittings manufacturer GROHE has cooperated with Don Bosco Mondo e.V. with a view to helping young people better their lives. To date some 780 young people in Mumbai, India, have been given the opportunity to start a new life as a result of this collaboration. The successful GROHE Dual Tech aid project has now also been launched in Manila-Tondo in the Philippines, where a new training facility was opened on 24 October. A proven concept rolled out to a new location “Today is an important day for all of us,” said GROHE Management Board member Michael Mager on the occasion of the inauguration. “In the six years that have passed since we launched our partnership with Don Bosco Mondo e.V. in India, we have achieved a lot and learned a lot. Our work has borne fruit and demand for our trained and skilled plumbers is huge. We now want to continue this strategy in the Philippines and offer apprenticeships to the young people of Manila-Tondo to give them a genuine chance to earn a living from skilled work. At the same time, our local partners will benefit from the availability of professionally trained plumbers.” The inauguration ceremony, during which the building was blessed and a ribbon cut, was organised jointly by the Salesians of Don Bosco and GROHE together with apprentices from other disciplines of the Don Bosco Youth Center in Manila-Tondo. Besides the new Plumber Training Programme, Read More …

Oct 312015
 
Bidding for LTFRB IT upgrade pushed back anew

MANILA, Philippines – The Department of Transportation and Communications (DOTC) has pushed back anew the date for the submission of the qualification documents for the Land Transportation Franchising and Regulatory Board’s (LTFRB) P298-million Road Transport Information Technology (IT) Infrastructure Project Phase II under the public-private partnership (PPP) program. The submission date was moved to Nov. 23 from Oct. 30, the DOTC said in a bid bulletin. The bids must be submitted by 2 p.m. on Oct. 30, at The Columbia Tower in Mandaluyong City. The date for the submission of the qualification documents for the project has been moved several times with the deadline first set onOct. 2, then moved to Oct. 12, and deferred again to Oct. 30. The project will cover the upgrade of the LTFRB’s existing IT infrastructure. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 It will involve moving to computerized from manual processes, as wellas the development, supply and operationalization of its network infrastructure (hardware) and database, and applications (software). The project will help clean up existing data of the LTFRB, enhance data collection and processing. It is also envisioned to facilitate integration within the LTFRB and related agencies, which in effect would lessen the processing time for its transactions, make it easier to access public information andprovide channels for feedback. The PPP Center said earlier 28 firms expressed interest for the project. Aside from the LTFRB’s IT project, the government is also offering for bidding another IT PPP deal, the P1.59-billion Civil Registry Read More …

Oct 302015
 
What you need to know about Philippines Property Awards 2016

October 30th, 2015 03:11 PM Known as one of Southeast Asia’s most exciting property markets, the Philippines’ biggest real estate awards hold its official press conference on 29 October, at the Namayan Room of the Fairmont Makati, official hotel venue sponsor of the Philippines Property Awards 2016. This is the fourth consecutive year that organiser Ensign Media has held the Philippines Property Awards, widely recognised in the industry for its fairness and transparency. Free to enter, the Awards will begin accepting nominations from developers and the general public on 29 November 2015. For the next six months, the independent judges panel in the Philippines will be looking for the next Ayala Land Inc, Shang Properties Realty Corp or SM Prime Holdings, all former winners of the Best Developer accolade at the annual event. These developers, as well as all past winners in various categories of the Philippines Property Awards, have left an indelible mark on the industry and set a high benchmark by which current and future property developments are measured. Ayala Land went on to claim the Best Developer (South East Asia) title in 2014 during the South East Asia Property Awards grand finals held in Singapore; next year one outstanding developer from the Philippines could win that honor again. Enjoying a rare kind of economic resilience – per Moody’s Investors Service latest outlook report – the Philippines is poised to continue enjoying the benefits of a stronger economy that will eventually trickle down to the real estate industry, Read More …

Oct 282015
 
Stocks take breather ahead of US Fed meet

The Philippine Stock Exchange index (PSEi) settled lower at 7,289.26 points, while the broader All Shares index slid 12.29 points, or 0.29 percent, to end at 4,189.25. Philstar.com/File MANILA, Philippines – Share prices took a breather yesterday, declining 36.50 points as investors took their cue from regional slump ahead of the US Fed meeting. The Philippine Stock Exchange index (PSEi) settled lower at 7,289.26 points, while the broader All Shares index slid 12.29 points, or 0.29 percent, to end at 4,189.25. Total value turnover reached P39.152 billion in a session that saw a close race between decliners and advancers, 87 to 84, in favor of advancers. Thirty eight stocks were left unchanged. Analysts attributed the decline to the regional slump ahead of the US Federal meeting. The US Fed is expected to issue a policy statement at the conclusion of a two-day meeting on Wednesday and is again expected to hold off its first rate hike in nearly a decade until next year. Analysts said the Fed would have a difficult time convincing investors that it can tighten monetary policy before the end of the year in the face of US and global economic headwinds. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Many investors had expected the rate hike last September but the US Fed decided to keep rates unchanged. Elsewhere in the region, Hong Kong’s Hang Seng fell 0.6 percent while South Korea’s Kospi declined 0.4 percent and Shanghai stocks also shed 0.7 percent.

Oct 242015
 
PH food scene opens up to cuisine from Peru

Philippine Daily Inquirer By: Margaux Salcedo, October 25th, 2015 02:41 AM CHEF Juan Barcos works on his culinary creations Peruvian cuisine is all the rage now in the international culinary scene. The World’s 50 Best Restaurant Awards now even has Latin America’s 50 Best Restaurant Awards, a spinoff from the much celebrated guide that made stars like El Bulli’s Ferran Adria and Noma’s Rene Redzepi shine even brighter. Now chefs like Gaston Acurio are taking the world by storm. Thankfully, the Philippines is not behind on the global dining scene. By coincidence or by design, a couple of Peruvian restaurants have already opened in the metro. One place frequented by the adventurous is Nikkei on Rada Street in Legaspi Village, Makati City. In fact, it is not so much a restaurant as it is an izakaya serving sushi with Peruvian flavors. The space is narrow, the seating limited. But with the marriage of these two great cuisines on your plate, you inevitably get something loud and hip. Don’t expect Friday’s-size servings here. The kitchen understands that quantity does not necessarily translate to quality. Instead, orders are given in starter sizes. Best appreciated with a glass of Nikkei’s sake, which is light and easy to appreciate, or one of its signature cocktails. Being Peruvian, ceviche abounds. It has several kinds: the classic ceviche, smoked chili, yellow pepper, green ceviche, salmon thai and tuna. Most impressive is the yellow pepper ceviche, which dances in your mouth. It also has sushi rolls that Read More …