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F02:55
Inquirer
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Richard Gutierrez on the challenges he has to face working in the new normal
Actor Richard Gutierrez, who is currently seen in the action-adventure series "FPJ's Ang Probinsyano," said the hardest part of resuming TV work was explaining to his two sons why they would not be seeing their dad at home for quite a while.Prior to the government putting Metro Manila under modified enhanced community quarantine (MECQ), Richard and the cast of the action series worked in a locked-in set in Batangas for several weeks in July. ...
F02:55
Inquirer
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PhilHealth lost over P153B since 2013 due to fraud, PACC exec says
MANILA, Philippines --- The Philippine Health Insurance Corp. (PhilHealth) has lost more than P153 billion since 2013, or "roughly 30% of the total claims payment of P512.6 billion" which the state-run health insurer made in the same period, due to fraud.This was according to Presidential Anti-Corruption Commission (PACC) official Greco Belgica, who also said Thursday: "Hindi lang naman ngayon nangyari ito eh. Taon-taon may imbestigasyon sa PhilHealth... ...
F02:54
ABS-CBN News
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'Sayang mga naihulog ko': Mga residente ng Batangas, nanghihinayang sa kanilang kontribusiyon sa Philhealth
Sa pagdinig sa Senado sa alegasyon ng katiwalian at korapsyon sa PhilHealth, sinabi ng ahensiya na paubos na ang reserbang pondo nito para sa 2021.
F02:25
GMA News
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Malaysia arrests ex-finance minister on corruption charges
Malaysia's former finance minister Lim Guan Eng was arrested on Thursday in connection with corruption allegations over a $1.5 billion undersea tunnel project, state news agency Bernama reported.
F02:25
ABS-CBN News
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'Corrupt officials' marring PhilHealth's shift to digital, Morales claims
MANILA - Philippine Health Insurance Corp. (PhilHealth) President Ricardo Morales on Thursday said "corrupt officials" in the agency have been trying to cast doubt on the firm's push to automate systems and make irregularities easier to spot in the state-run insurance company.
F01:56
Manila Times
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PLDT profit hits P12.2B in H1
Despite restrictions imposed to prevent the coronavirus pandemic from worsening, listed PLDT Inc. saw its net income attributable to equity holders rise by 1 percent to P12.28 billion in the first six months of 2020 from P12.20 billion in the same period last year. In a disclosure on Thursday, the Pangilinan-led company reported that its […]
F01:56
Manila Times
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Circular on bolstering local price councils signed
Government agencies on Thursday signed a joint memorandum circular (JMC) calling for the strengthening of local price coordinating councils in managing the unreasonable and excessive costs of prime commodities nationwide after Metro Manila was again placed under modified enhanced community quarantine. The heads of the departments of Agriculture, Trade and Industry, Environment and Natural Resources, […]
F01:56
Manila Times
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Q2 growth data fails to stop PSEi rally
Despite worse-than-expected domestic output data, the stock market continued its advance toward the 6,000 territory on Thursday. The benchmark Philippine Stock Exchange Index (PSEi) inched up by 1.18 percent or 69 points to close at its intraday high of 5,902.58, while the wider All Shares increased by 0.85 percent or 29.32 points to end at […]
F01:56
Manila Times
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Govt shelves 8 infra projects, to add more
The government has shelved for now eight infrastructure projects worth P370 billion in its Infrastructure Flagship Program (IFP) as feasibility studies on them are being conducted, a Palace official said on Thursday. In a virtual briefing, Vince Dizon, presidential adviser for flagship programs and projects, identified the eight as the Bataan-Cavite Link Bridge; Dalton Pass […]
F01:56
Manila Times
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Towards ‘New Normal’: InfiniVAN co-presents with The Manila Times’ Digital Forum
AS we all continue to embrace “new normal’s” opportunities, part of it is adapting the current digital transformation among available online platforms with major support of a fast and readily available Internet for Business. This was proved by The Manila Times as they ventured this year’s online forum entitled, “Digital Transformation: Innovating and Adapting amid […]
F01:56
Manila Times
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‘Spend more, boost liquidity to aid recovery’
A Chinese-Filipino business organization on Thursday urged consumers and entrepreneurs to spend more and financial institutions to increase liquidity to help the country recover from the coronavirus pandemic. In a statement listing his recommendations for that recovery, Henry Lim Bon Liong, president of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII), […]
F01:56
Manila Times
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BIR, BoC surpass tax collection goals in July
The government’s main revenue-generating agencies exceeded their tax-take targets by single digits last month on improved spending and economic activities, the Department of Finance (DoF) reported on Thursday. At the joint press conference of the members of interagency Development Budget Coordination Committee on Thursday, Finance Secretary Carlos Dominguez 3rd said the Bureau of Customs (BoC) […]
F01:56
Manila Times
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Economy to shrink by over 5% in 2020
The interagency Development Budget Coordination Committee (DBCC) on Thursday further trimmed its economic growth forecast for this year to -5.5 percent from its earlier -2 to -3.4-percent range to take into account the worsening impact of the coronavirus crisis on tourism, trade and remittances. If correct, the revised outlook would become the fastest economic decline […]
F01:10
Manila Times
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US sees deep private work hiring slump
US private sector hiring slumped in July, the latest sign of the shaky footing of the world’s largest economy as it struggles with a protracted coronavirus outbreak. Payroll services firm ADP reported on Wednesday (Thursday in Manila) the United States added just 167,000 private sector jobs in July — nowhere near analyst’ expectations of a […]
F01:10
Manila Times
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Lebanese vent fury at leaders over blast as Macron visits
BEIRUT: Residents of Beirut vented their fury at Lebanon’s leaders on Thursday during a visit by French President Emmanuel Macron, blaming them for the deadly explosion that ravaged the capital. Shouting, “Revolution!” they crowded around the visiting leader who promised to press the politicians for reform. For many Lebanese, Tuesday’s giant blast was the last […]
F01:10
Manila Times
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How the new normal changed how I view money
From the way we work to the way we interact with one another, the new normal brought a lot of changes in our lives. Covid-19 affected everyone, infected or not. Everyone was forced to take a hard look at how they live their lives, finances and all. As someone who has been stuck at home […]
F01:10
Manila Times
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Public service in challenging times
On August 3, I was privileged to speak at the opening ceremony of the Public Management Development Program, 9th Senior Executives Class, of the Development Academy of the Philippines (DAP). The program was designed for senior officials who possess outstanding intellectual and creative abilities, deep commitment to public service, and demonstrate potential for shaping policy and […]
F01:10
Manila Times
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Allow meter readers during lockdown, LGUs told
The Energy Regulatory Commission (ERC) on Thursday appealed to local government units under modified enhanced community quarantine (MECQ) to be more lenient with the meter readers of the distribution utilities (DUs) and allow them to do their jobs. In a statement, ERC Chairman and Chief Executive Officer Agnes Devandera urged these local governments to allow […]
F01:10
Manila Times
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Century Pacific Food income rises 31% in first 6 months
Century Pacific Food Inc. reported on Thursday that its net income rose by 31 percent to P2.24 billion in the first half of 2020 from P1.7 billion year-on-year and its consolidated revenues grew by 28 percent to P25.1 billion in the period from P19.6 billion. In a disclosure, Century Pacific Food Chief Finance Officer Oscar […]
F01:10
Manila Times
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PBB profit surges to P795B in Jan-June
Listed Philippine Business Bank (PBB) reported on Thursday that its net income improved to P794.9 million in the first six months of the year. In a disclosure, the Caloocan City-based lender said the latest figure was 37.3 percent wider than the P578.9 million in the same period in 2019. Interest income accelerated by 14 percent […]
F01:10
Manila Times
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7-Eleven operator incurs P390-M loss in H1
Listed Philippine Seven Corp. (PSC), the local licensee of 7-Eleven convenience stores, posted a net loss of P389.7 million in the first half of 2020, a turnaround of its P485.3-million profit in the same period last year. In a filing on Thursday, the company said its system-wide sales declined by 10.9 percent to P24.1 billion […]
F01:10
Manila Times
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Filinvest Land income falls 24% in first 6 months
Filinvest Land Inc. (FLI) registered a 24-percent drop in its first-half net profit to P2.42 billion from P3.04 billion year-on-year as quarantine measures delayed its construction activities. In a filing on Wednesday, the listed property arm of Filinvest Development Corp. posted a 30-percent decline in gross revenues to P8.81 billion in the period from P12.62 […]
F01:10
Manila Times
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SMFB income slides to over P7B in H1
San Miguel Food and Beverage Inc.’s (SMFB) net income plunged by half to P7.34 billion in the six months ending June from P14.67 billion in the same period last year. Revenues also declined by 19 percent to P122.82 billion from P151.11 billion year-on-year. In a disclosure on Thursday, the listed food-and-drink arm of San Miguel […]
F00:54
PhilStar
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Napakasakit, Kuya Eddie!
Knock, knock, knock! May I come in?
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