Pope Francis on Saturday (Sunday in Manila) called on world leaders to act wisely and generously to provide social and economic relief for the many workers who have lost their jobs because of the coronavirus pandemic. “Once we emerge from this pandemic, we will not be able to keep doing what we were doing, and as we were doing it. “From the great trials of humanity — among them this pandemic — one emerges better or worse. In his prayer, Francis urged Mary to comfort those who lost a loved one to the virus. Francis is due to celebrate a Pentecost Mass in St. Peter’s Basilica on Sunday, albeit without members of the public in attendance.
May 31, 2020 16:48 UTC
PAYMENTS and remittance network TrueMoney rolls out its award-winning Dagdag Puhunan program for the benefit of local communities amid the pandemic. In partnership with Unilever, it enables cashless payment for purchase of essential food and non-food products. Instead of paying products in cash, sari-sari store owners can transact through the secure Dagdag Puhunan platform, using their Unionbank credit line to directly purchase stocks from Truemoney’s FMCG partners. Amy Garcia, a sari-sari store owner for more than two decades recognizes the low touch economy innovations of Dagdag Puhunan. The inclusion of the Dagdag Puhunan credit facility expanded this partnership.
May 31, 2020 16:48 UTC
SOLICITOR General Jose Calida has given his commitment to attend the hearing on the ABS-CBN Corp. franchise bills on Monday. Calida confirmed, in a text message to The Manila Times, that he would be present in the joint hearing of the House Committee on Legislative Franchises and Committee on Good Government. The House of Representatives issued a warning to Calida that he must attend the hearing or he would be cited for contempt. Calida earlier told Rep. Franz Alvarez, chairman of the House Committee on Legislative Franchises, that he could not attend the first hearing of the ABS-CBN franchise because of the pending cases before the Supreme Court. Pichay stated that under Republic Act (RA) 7925 or the “Public Telecommunications Policy Act of 1995,” the terms “telecommunications,” “broadcasting,” “public telecommunications entity” and “franchise” were clearly defined.
May 31, 2020 16:42 UTC
BERLIN: ‘Road Runner’ Alphonso Davies lived up to his nickname with another lightning sprint on Saturday (Sunday in Manila) while Hansi Flick bettered Pep Guardiola’s record start as head coach of Bayern Munich, who opened a 10-point lead in the Bundesliga. The visitors’ defender Mathias Joergensen scored an early own-goal before Benjamin Pavard, Robert Lewandowski (2) and Davies hit the target for Bayern. With five games left, the defending champions, who have won their last eight league games, are comfortably on course for an eighth straight league title. The 19-year-old, who was born in a Ghanaian refugee camp before his parents emigrated to Canada, was nicknamed Bayern’s ‘Road Runner’ by teammate Thomas Mueller after the win in Dortmund. “Yeah, I am quick, but him (Mueller) calling me the ‘Road Runner’ is a compliment which I take to heart and it was a good nickname,” added Davies.
May 31, 2020 16:41 UTC
THE presidential adviser for entrepreneurship is appealing to the private sector for vigilance and continuous testing for the coronavirus disease 2019 (Covid-19) even as Metro Manila eases towards general community quarantine. Project ARK-PCR (antibody rapid test kits-polymerase chain reaction test) and Go Negosyo Founder Jose Ma. “Joey” Concepcion 3rd said only by continuous mass testing could the country keep the economy open. He said all the available testing methods — from the rapid antibody test to the reverse transcriptase polymerase chain reaction (RT-PCR) test — must be used to provide authorities a clear picture of the extent of the virus’ spread. Concepcion also urged the private sector to be vigilant to avoid a “devastating” second lockdown.
May 31, 2020 16:41 UTC
Nickel Asia Corp. (NAC) has 13,632,970,117 outstanding NAC common shares, with P0.50 par value. 31, 2020 listed three principal stockholders as holders of 8,974,087,114 NAC common shares, or 65.826 percent of 13,632,970,117 outstanding common shares. The principal owners were Sumitomo Metal Mining Philippine Holdings Corp., 3,614,397,887 common shares, or 26.512 percent; Manta Resources Corp., 3,529,392,736 common shares, or 25.889 percent; and Ni Capital Corp., 1,830,296,491 common shares, or 13.426 percent. Nickel Asia attributed to its public stockholders their ownership of 4,576,696,986 NAC common shares, or 33.571 percent of outstanding. Their respective ownerships are as follows: Brimo, 28,360,009 common shares, or 0.208 percent; Philip T. Ang, 3,174,767 common shares, or 0.023 percent; Zamora, 16,211 common shares; Toru Higo and Masahiro Kamiya, 2,023 common shares each; Luis Juan L. Virata, one common share; Maria Patricia Z. Riingen, 911,800 common shares; and Frederick Y. Dy and Fulgencio S. Factoran Jr., 1,516 each.
May 31, 2020 16:37 UTC
Yet it was only in 2016 when legal permanent residency was announced by Crown Prince Mohammed bin Salman. The permanent residency fee was set at SAR 800,000 ($213,000) and a renewable temporary residency for an annual fee of SAR 100,000 ($27,000). The US has risen to the top of the list of countries with the highest number of Covid-19 cases and deaths. Australia reported only 7,184 Covid-19 cases and 103 deaths: New Zealand has fewer virus-stricken — 1,154 infected and only 22 deaths. Provinces like Saskatchewan, Alberta and Manitoba are aggressively competing for skilled workers for the long haul.
After a tumultuous Friday, racially diverse crowds held mostly peaceful demonstrations in dozens of cities, though many later descended into violence as had happened the previous night. In Indianapolis, police were investigating “multiple shootings” downtown, including one that left a person dead, amid the protests. In Washington, the National Guard was deployed outside the White House, where chanting crowds taunted law enforcement officers. In Salt Lake City, protesters defied a curfew and National Guard troops were deployed by Utah’s governor. And in New York City, dangerous confrontations flared repeatedly as officers made arrests and cleared streets.
Tensions between the US and China over Hong Kong have increased over the past year, with the US defending pro-democracy protesters who clashed with police last year and China vilifying them as violent rioters and separatists. “It is now clear that Hong Kong is caught in the middle of major China-US tensions,” said Tara Joseph, president of the American Chamber of Commerce in Hong Kong. “China has replaced its promised formula of one country, two systems, with one country, one system,” he said, echoing recent statements by pro-democracy activists in Hong Kong. Separately, Hong Kong Secretary for Justice Teresa Cheng told reporters that it was “completely false and wrong” to say the territory was losing its autonomy. China decided to impose a national security law on the city after successive Hong Kong governments were unable or unwilling to do so themselves because of stiff public opposition.
A Bacolod City judge has ordered the arrest of four Yanson siblings and five others for alleged grave coercion charges filed against them. The case stemmed from the four Yanson siblings’ allegedly illegal takeover of Vallacar Transport Inc. (VTI) facilities on July 10 last year. Backed by the security guards of A-Y 76 Security Specialists Inc., the four Yansons took possession and control of VTI’s main office. On July 7, 2019, the four Yanson siblings in a purported special board meeting, unceremoniously unseated Leo Rey Yanson as president. VTI’s main office is located at Ceres Compound, Purok Himaya, Mansilingan, Bacolod City.
May 31, 2020 16:35 UTC
SEOUL, South Korea: In a cramped office in eastern Seoul, Hwang Seungwon points a remote control toward a huge NASA-like overhead screen stretching across one of the walls. The speakers are built with an artificial intelligence called “Aria” and a lamp that turns blue when processing voice commands for news, music and internet searches. But it’s difficult for SK Telecom’s clients to use the information without clear legal guidelines for handling health data on private networks. KT, SK Telecom’s telecommunications rival, is focused on business customers, providing artificial intelligence devices such as speakers and service robots to hotels, offices and new apartments. They aim to allow businesses greater freedom in collecting and analyzing anonymous personal data without seeking individual consent.
May 31, 2020 16:35 UTC
In the first quarter, China’s growth shrank 6.8 percent. Despite the dire international horizon, China’s economy has potential for an upside surprise. Presumably, that’s what the Trump White House hopes to undermine, at the cost of further deterioration of the US economy and global economic prospects. Ironically, the past months’ economic slump has translated to a dramatic, though temporary fall in emissions. Such leverage, which the White House and the Fed will soon have to increase significantly, will prove costly to the global economy.
May 31, 2020 16:30 UTC
The adverse impact on the insurance industry is as expected. Also, most of the revenues of the insurance industry are generated through face-to-face dealings with clients. Nevertheless, many insurance companies and other Insurance Commission-regulated entities were able to face the challenges posed by the pandemic and the ensuing quarantine. The road to recovery lies in how the insurance industry as a whole deals with the “new normal” of doing things. Regulations on insurance e-commerce and those related to the digitalization of many insurance and related entities must be tailored to adapt to the constantly changing environment.
May 31, 2020 16:28 UTC
LONDON: Harry Kane believes Tottenham Hotspur will have to win eight of their remaining nine Premier League games if they are to qualify for next season’s Champions League. Eighth-placed Spurs face crunch matches against Manchester United, Sheffield United, Arsenal and Leicester. Their hopes of Champions League qualification would also be boosted if Manchester City fail in an appeal against a European ban. But Kane wants Spurs to take matters into their own hands. “We have got a massive game against Man United in the first game and realistically we are going to have to win seven or eight to get into the Champions League.
May 31, 2020 16:18 UTC
Via teleconference on May 21, Foreign Affairs Secretary Teodoro Locsin, Jr. and Japanese Foreign Minister MotegiToshimitsu agreed to step up mutual support during the ongoing pandemic and to foster with regional partners a unified approach to the post-Covid-19 ‘new normal’. Foreign Minister Motegi conveyed Japan’s appreciation for the help provided by the Philippine government to its efforts to bring home Japanese nationals from the country. Minister Motegi also pledged undiminished support for infrastructure and other development projects with the Philippines that have been in the pipeline before the outbreak. Secretary Locsin, for his part, thanked Japan for its facilitation of the Philippine government’s repatriation operations, particularly the large-scale return of Filipinos aboard the MV Diamond Princess and the Costa Atlantica. Secretary Locsin and Minister Motegi agreed on the importance of regional players prioritizing cooperation amid the crisis, and avoiding actions that raise regional tensions and breach of international law, as countries endeavor to overcome the pandemic and revitalize their economies.
May 31, 2020 16:18 UTC