Markets struggle as rally fades
HONG KONG: Asian markets struggled on Monday to build on last week's rally, with new data showing China's economy grew less than expected in the second quarter as its post-Covid recovery runs out of steam. The advance was also bolstered by pledges from Beijing to introduce stimulus measures for the struggling economy. Asian shares were mostly lower on Monday after China reported weaker growth than forecast in the last quarter. Asian shares were mostly lower on Monday after China reported weaker growth than forecast in the last quarter. "Asia investors have been greeted by a dismal Chinese data dump to start the week," said SPI Asset Management's Stephen Innes.
Source:Manila Times
July 18, 2023 08:58 UTC
Police in search of two thieves over gold chain robberies in Sham Shui Po and Tsuen Wan
Police were alerted to two cases of gold chain theft in Sham Shui Po and Tsuen Wan on Monday. He was led to an apartment in the Tung Hing Building and had his HK$18,000 gold chain nabbed while taking off his shirt. His son called the police later; the case was listed as theft and handed over to the Sham Shui Po police district. Lam was taken to an apartment on Tai Ho Road and found that the woman and his HK$78,000 gold chain had disappeared without a trace while he was showering. The case was handed over to the Tsuen Wan police district, and no arrests have been made so far.
Source:The Standard
July 17, 2023 23:10 UTC
Tolling
The latest toll adjustments for SLEX gives us reason to be hopeful our public is maturing. The toll adjustments were delayed for years, notwithstanding the schedules provided for in the contracts. A few politicians, acting on reflex, objected to the rate adjustments even if toll rates have actually become cheaper if computed against inflation. Most motorists, enjoying savings in time and fuel using the facilities, understood the toll adjustments went through the proper procedures prescribed by the Toll Regulatory Board (TRB). The development of Global City is, in part, due to the far-sighted policies of the city government of Taguig.
Source:Philippine Star
July 17, 2023 20:32 UTC
Binay vows to help residents affected by land dispute with Taguig
Makati City Mayor Abigail "Abby" Binay promised to help more than 300,000 residents affected by the land dispute with Taguig City which has been resolved by the Supreme Court. In a statement posted on the Facebook page of Makati City, Binay expressed her concerns for residents in 10 villages affected by the Supreme Court's decision favoring the city of Taguig. The mayor said she will coordinate with the concerned government agencies to address the needs of the affected individuals. Binay said she is worried that Taguig could not give the affected citizens the same benefits that Makati has been giving them. The court ruled the areas are "part of the territory of the City of Taguig."
Source:Manila Times
July 17, 2023 18:34 UTC
Cases filed vs 2 Leyte cops for allegedly harassing 3 reporters
Yung mga kapatid natin sa media na involved dun sa incident ay nakikipag-cooperate po sa PNP at nakuhanan na ‘rin sila ng statements.” Fajardo said. (Our two police officers have been relieved from their duties and are now facing criminal and administrative charges. Fajardo said that if investigation results showed that both cops opened fire during the commotion, additional criminal complaints would be filed against them. She further disclosed that cops and all personnel involved with the incident had undergone paraffin tests and were under restrictive custody. ADVERTISEMENTRELATED STORIESMedia task force seeks probe into harassment vs 3 reporters in LeytePNP relieves 2 cops for allegedly harassing 3 reporters in Leyteje/abcYour subscription could not be saved.
Source:Philippine Daily Inquirer
July 17, 2023 18:27 UTC
Alcaraz beats Djokovic in 5 sets to win first Wimbledon title
London: Carlos Alcaraz defeated seven-time champion Novak Djokovic to claim his first Wimbledon title on Sunday (Monday in Manila), shattering the Serb's dream of a record-equalling 24th Grand Slam crown. It was a second major for the 20-year-old Spaniard following his US Open title last year as he became Wimbledon's third youngest men's champion. But Alcaraz finally freed himself of his shackles and broke for 2-1 in the second set. The Serb was hit with a time violation in the tie-break before seeing a set point saved. Alcaraz needed no second invitation when he carved out and converted a set point to level the contest with a backhand winner.
Source:Manila Times
July 17, 2023 14:39 UTC
Airlines grapple with rise in turbulent passengers
(UPDATE) PARIS: Viral videos of vulgar, intoxicated and violent airplane passengers have become common, but it is not just a social media trend; statistics confirm cases are on the rise. The surge in incidents comes as the aviation industry is bouncing back from the Covid pandemic, with airlines expecting to fly a near-record 4.35 billion passengers this year. Passengers wait to board a Delta airlines plane at LaGuardia International Airport in New York on July 28, 2018. And this is despite the FAA's "zero tolerance" policy toward unruly passengers, imposing $8.4 million in fines last year on passengers who sometimes risked criminal prosecution as well. If dialogue and warnings fail, airplanes are equipped with plastic handcuffs to restrain uncontrollable passengers in their seats.
Source:Manila Times
July 17, 2023 12:35 UTC
Tap state scientists to develop drought, flood-resistant crops — lawmaker
Tap state scientists to develop drought, flood-resistant crops — lawmakerFarmer Isagani Cajucom looks at his corn crops in Barangay Parista, Lupao, Nueva Ecija in August 2021. MANILA, Philippines — The government should work more closely with researchers from the University of the Philippines to develop climate-resilient crops, a lawmaker said, emphasizing state scientists' role in protecting farmers from the threats of El Niño. The state weather bureau said that El Niño shows "signs of strengthening in the coming months." The collaboration seeks to create the UPLB Agricultural Genomics Research Center (UPLB-AGRC), bolster science and technology adaptation in agriculture, advance genome-based research and development capabilities and promote closer bilateral ties between the two nations. Agricultural genomics involves examination of the genetic makeup of a crop and tweaking certain genetic traits to create robust crop varieties capable of enduring harsh climatic conditions.
Source:Philippine Star
July 17, 2023 11:28 UTC
Oh sweet: Honey's wonderful applications from food to beauty
Oh sweet: Honey's wonderful applications from food to beautyWhere can you use honey? Honey bees actually produce honey by first gathering and then refining the sugary secretions of flowers through regurgitation and enzymatic activity. Kitanglad in BukidnonBut that is pure honey. Let us count the ways:Natural sweetener: Add the honey to your coffee, tea, milk, juice, smoothies, or yogurt as a natural sweetener. Beauty applications: Embrace it as a natural beauty product to enhance your skin, hair, and nails.
Source:Philippine Star
July 17, 2023 10:51 UTC
Four dead as boat sinks in Bangladesh’s Buriganga river
At least four people died after a boat carrying 20 people sank in Bangladesh’s Buriganga river near the capital Dhaka on Sunday, a fire service official said. Most of the passengers were believed to have swum ashore as the water bus sank close to the bank, according to fire service official Anwarul Islam. ADVERTISEMENTFour bodies have been recovered and the rescue operation is ongoing, police official Sahabuddin Kabir told Reuters. Hundreds of onlookers gathered at the site as rescuers in multiple boats scanned the river with flashlights, according to a Reuters witness. Subscribe to our daily newsletter SIGN ME UPRead Next
Source:Philippine Daily Inquirer
July 17, 2023 10:33 UTC
Gov't officials complete Malaysian tech co-op program
The Ministry of Foreign Affairs of Malaysia (Wisma Putra) and the Islamic Banking and Finance Institute Malaysia (IBFIM) announced the completion of a learning program for 83 learners under a Malaysian Technical Cooperation Program (MTCP) 2023 - Dispatch of Experts Program in Manila on July 8. Under this collaboration, the Fundamental Certificate in Islamic Banking (FCIB) course is offered with the aim to advance Islamic finance knowledge as one of the means to promote Islamic finance knowledge in the Republic of Philippines. The MTCP participants who become part of IBFIM's global alumni of Islamic finance professionals, currently serve in many emerging and developing Islamic finance markets such as the Republic of the Philippines. He further emphasized "The inter-link between countries, especially those in the same region, is important to create opportunities in fostering a more inclusive Islamic finance industry." Under the MTCP program, IBFIM offers two of its flagship certifications – the Fundamental Certificate in Islamic Banking (FCIB) and the Associate Qualification in Islamic Finance (AQIF), apart from modular-based programs on Islamic Capital Market and Sustainability.
Source:Manila Times
July 17, 2023 04:12 UTC
Hong Kong shuts down as first T8 signal of the year hoisted
Hong Kong came to a standstill on Monday as the observatory hoisted the city’s first T8 signal of the year. There'll be no trading on the Hong Kong Stock Exchange for the day. Tram, ferry and most bus routes will also remain suspended with the T8 signal hoisted. Meanwhile, as of 6 am the government call center had received three reports of fallen trees, but none of landslides or flooding. The Hospital Authority said it had not received any reports of anyone being admitted to public hospitals because of storm-related injuries.
Source:The Standard
July 17, 2023 03:46 UTC
Brace for Talim
The observatory said Talim had shown signs of intensification and it would assess the need of issuing storm signal No 8 overnight. "Talim will be closest to Hong Kong [this morning], skirting within about 300 kilometers to the south of Hong Kong," it said. Hong Kong Airlines have canceled two flights between Hong Kong and Haikou, HX107 and HX108, today. "I heard from the observatory that [Talim] will not hit Hong Kong directly. When typhoon Mangkhut hit Hong Kong [in 2018], there were knee-deep floods."
Source:The Standard
July 17, 2023 01:43 UTC
Woman lost consciousness after being hit by falling tree in Repulse Bay
A woman was sent to the hospital after a gust of wind from tropical storm Talim snapped a large tree limb that fell on her on Sunday. At around 4 pm, police received a report that a woman was struck by a 20-meter-tall tree that suddenly fell on South Bay Road, Repulse Bay. She suffered a head injury and lying on the ground unresponsive. The paramedics conducted emergency first aid, and she regained consciousness before being taken to the Queen Mary Hospital. The police are currently investigating the incident.
Source:The Standard
July 16, 2023 17:39 UTC
Be at the airport three hours before flight, passengers told
THE Bureau of Immigration (BI) reminded outbound international passengers to be at the airport three hours before their flight schedule to avoid being left behind. "Upon verification, it was confirmed that he checked in only 1 hour and 27 minutes prior to the boarding of his flight," Tansingco said. Latest BI data showed that NAIA Terminal 1 reported a remarkable increase in daily average international travelers since June 16, 2023. The terminal recorded 28,956 passengers per day, a significant 48.1% rise from the previous average of 19,553 passengers prior to the transfer. From a daily average of 33,682 travelers since June 16, 2023, the number went up to 28,168 passengers, or an increase of 19.58%.
Source:Manila Times
July 16, 2023 17:21 UTC