CK Asset (1113) has proposed to acquire the entirety of London-listed real estate investment trust Civitas Social Housing for 485 million ( HK$4.8 billion) in cash. Civitas Social Housing's shares jumped 44.22 percent to 79.9 pence last night after the announcement. The deal would require the approvals of not less than 75 percent of the shareholders of Civitas Social Housing and the Competition and Markets Authority in the UK to complete, the filing said. Civitas Social Housing is the owner of specialized supported housing and residential care houses that are used to accommodate vulnerable adults aged 18 to 65 with long-term learning disabilities or mental health issues. The proposal came as CK Hutchison (0001) said its subsidiary CK Hutchison Group Telecom's first-quarter revenue inched up by 1 percent year-on-year to nearly EUR2.45 billion (HK$21 billion).

More Pinoys opting to delay marriage, having kids – POPCOMParents shield themselves from the sun as they wait for their children outside the Corazon Aquino Elementary School in Quezon City yesterday. MANILA, Philippines — More Filipinos are opting to delay marriage and having children, according to the Commission on Population and Development. She noted that the desire to pursue a career is one of the primary reasons why young Filipinos are delaying marriage and having children. The POPCOM chief, however, stressed that the current trend of Filipinos choosing to marry and having children at a later age is not yet worrisome. Although more Filipinos are opting to delay marriage, Bersales noted that many still consider having children and families of their own.

GUWAHATI, India: Security measures are keeping the peace in a remote northeastern Indian state where 60 people were killed and 35,000 civilians were displaced in rioting and ethnic clashes last week, officials said. On Monday, India's Home Minister Amit Shah told the India Today news channel that the situation in Manipur was under control and appealed to the people to maintain peace. Minority hill community leaders say the Meitei community is comparatively well-off and that granting them more privileges would be unfair. Two-thirds of the state's 2.5 million people live in a valley that makes up roughly 10 percent of the state's total area. The Meiteis are Hindus, while rival groups, including the Kuki and other tribes, are mostly Christian and mainly live in the surrounding hill districts.

PHNOM PENH, Cambodia: Juancho Miguel Besana posted an average score of 14.425 points in the vault final to win the gold medal in the 32nd Southeast Asian Games on Tuesday, May 9 at the National Olympic Stadium's Marquee Tent. Juancho Miguel Besana PHOTO BY NIEL VICTOR C. MASOYBesana's win gave the Philippines its second gold for the day. The first one was courtesy of another Filipino gymnast in Ivan Cruz who topped the floor exercise event earlier.

‘The Ranis Report and Blas Ople at Labor’(Continued)(Part of the paper I am preparing in connection with the 50 year review of economic policy at the UP School of Economics.) The dominant player on labor issues during the Marcos years was Blas Ople, who became Labor secretary in 1967 during the president’s second term in office. A UN report by experts on labor and employment could do a better job in educating a labor secretary. The Ranis Report. Local labor unions strongly lobbied to get the study to support increasing the minimum wage to raise labor income and welfare.

Teves sought asylum in Timor Leste — DOJMANILA, Philippines — Embattled lawmaker Rep. Arnolfo Teves Jr. (Negros Oriental, 3rd District) has attempted to seek asylum in Timor Leste, according to Department of Justice Secretary Jesus Crispin Remulla. Remulla learned through a letter from Foreign Affairs Secretary Enrique Manalo that Teves filed an application for a protection visa with the intent of asylum in Dili, Timor Leste capital city a week ago. The information came from the Philippines' ambassador to Timor Leste. Teves entered Timor Leste a week ago trying to seek special asylum status,” Remulla said. Remulla said the department’s move to tag Teves as a terrorist could force him to return to Manila and surrender.

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has approved the promotion of eight Philippine National Police senior police officials, who were formally appointed to their new posts as major generals and brigadier generals on Tuesday. ADVERTISEMENTAside from Maranan — who currently serves as PNP’s chief information officer — other officials who were promoted to brigadier generals were Lex Ephraim Gurat, Victor Arevalo, Alfredo Dangani, and Roderick Mariano. On the other hand, Harold Tuzon, Victor Wanchakan, and Rudolph Dimas became major generals. The promotion of eight police officials was led by PNP chief Gen. Benjamin Acorda Jr. at Camp Crame, Quezon City. RELATED STORIES:ADVERTISEMENTPNP chief reshuffles senior police officialsPNP vows tighter screening of anti-illegal drug operativesAPLYour subscription could not be saved.

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. on Tuesday left for Indonesia to attend the 42nd Summit of the Association of Southeast Asian Nations (ASEAN). In his pre-departure speech, Marcos vowed to advance during the summit community building efforts as well as the Philippines’ interests. ADVERTISEMENTHe said the South China Sea issue, and the situation in Myanmar will be discussed as well. “I look forward to our productive engagements, to our always productive engagements with our ASEAN partners,” Marcos said. RELATED STORY:ADVERTISEMENTMarcos headed to Indonesia for Asean summit after US and UK tripshttp://Marcos headed to Indonesia for Asean summit after US and UK tripsAPLYour subscription could not be saved.

As a result, the National Grid Corp. of the Philippines (NGCP), the private firm operating and developing the government’s power grid, put Luzon on red alert from 1 p.m. to 4 p.m. It also originally raised a red alert in the Luzon grid from 6 p.m. to 8 p.m., but this was softened to a yellow alert following stabler supply. According to the company, 321,705 of its customers in Metro Manila and the provinces of Rizal and Cavite were affected by power interruptions triggered by the red alert. On the other hand, a yellow alert means operating reserve is not enough to meet the transmission grid’s contingency requirements. Energy Undersecretary Rowena Guevara later lowered the yellow alert projection to 10 in March after observing that a number of yellow alerts did not occur in earlier months.

1,000 motorists accosted for violating single ticketing systemMetropolitan Manila Development Authority (MMDA) enforcers issue tickets to traffic violators along Commonwealth Avenue in Quezon City as they begin the test run for the single ticketing system on May 2, 2023. MANILA, Philippines — More than 1,000 motorists have been accosted by traffic enforcers since the rollout of the single ticketing system last week, San Juan Mayor and Metro Manila Council president Francis Zamora reported yesterday. In San Juan, Zamora said 100 traffic violators were apprehended during the test run of the single ticketing scheme. Zamora said the pilot run of the single ticketing system in seven cities in Metro Manila went smoothly. He said the handheld devices to be used by traffic enforcers in accosting traffic violators would be funded and issued by the Metropolitan Manila Development Authority.

CONTRIBUTED PHOTOTHE Department of Science and Technology-Technology Application and Promotion Institute (DoST-TAPI) invites enterprises to submit proposals for the second wave of funding support under the Venture Financing Program (VFP). The VFP is a program of the DoST-TAPI that accelerates the commercialization of innovative technologies or inventions by providing the necessary funding support to technology-based micro, small and medium enterprises (MSMEs). DoST-TAPI shall cover a maximum of P2 million. At least 30 percent of the project cost shall be covered by the proponent as a counterpart fund. Interested parties may also contact the DoST-TAPI Public Assistance Office through [email protected] and 8837-2072 to 82 local 2153.

Reyes said getting the needed big men for Gilas is foremost in his mind, noting that the Philippines' group mates in the FIBA World Cup led by world No. Chot Reyes FIBA PHOTO"Our first area of concern is our size," Reyes said during his recent appearance at Power and Play sports program. "Our three big men are all injured, Japeth (Aguilar), June Mar (Fajardo) and AJ Edu are all injured. "For me, that's [getting the big men] our number one concern. "In fact, we were one of the tallest in the group in the World Cup, and we led in the World Cup in rebounding because Andray Blatche was our number one rebounder."

Should we really fear AI? “Actually, I left so that I could talk about the dangers of AI without considering how this impacts Google. Hinton’s fear of artificial intelligence (AI), particularly the generative type that burrows on deep learning neural networks, is that it can get unhinged and fly into territories that would make it dangerous to mankind. During an interview with Will Douglas Heaven, senior editor for AI at the MIT Technology Review, Hinton stated his reasons for resigning from Google. Whether someone of influence can really act on the open letter and call for a pause in this AI arms race is highly debatable.

Symbolism, seriousness, history: The coronation of a kingBritain's King Charles III with the St Edward's Crown on his head attends the Coronation Ceremony inside Westminster Abbey in central London on May 6, 2023. The set-piece coronation is the first in Britain in 70 years, and only the second in history to be televised. LONDON, United Kingdom — Grand, solemn and with a few personal touches, King Charles III's coronation at Westminster Abbey was a choreographed performance a millennium in the making. "God save King Charles," came the reply. "God save the King" the congregation thundered and the sound of cheers from the crowds outside filtered into the abbey.

The biennial award, which comes with a cash prize of $10,000, was established in honor of Her Royal Highness Princess Maha Chakri Sirindhorn for her accomplishments in Thailand’s education sector. Apart from teaching, Valencia was cited for leading various charity projects and integrating his advocacies for a sustainable community into teaching. ADVERTISEMENTBecause of the project, Valencia said he would get feedback from parents who would wonder aloud to their kids why they are able to better assist them at home. Apart from attending to the needs of the youth in his community, Valencia also developed other projects to help the less fortunate residents there. “After a few years, there are already 32 households that benefit from the Agbalaygi project all around the [Ilocos] region.