Reelected POC chief eyes unity, Tokyo gold
Reelected POC chief eyes unity, Tokyo goldJoey Villar(The Philippine Star) – November 28, 2020 – 12:00amMANILA, Philippines — Cycling chief Abraham Tolentino yesterday gained a fresh four-year mandate as Philippine Olympic Committee president, and vowed to work hard to unify their ranks and rally behind the national team to win the elusive first Olympic gold medal for the country in Tokyo next year.“We have a lot of challenges next year, a lot of big competitions outside especially the Tokyo Olympics. This might be our first ever gold and we have to focus on that,” said Tolentino, shortly afte...
DBP eyes P5 billion from bond issue
DBP eyes P5 billion from bond issueMary Grace Padin(The Philippine Star) – November 28, 2020 – 12:00amMANILA, Philippines — State-run Development Bank of the Philippines (DBP) plans to raise at least P5 billion from its second issuance of peso-denominated bonds to support sustainability initiatives and development projects.DBP president and chief executive officer Emmanuel Herbosa said the bank has returned to the onshore debt market with the offering of bonds with a tenor of two years and an interest rate of 2.5 percent.The fund-raising activity started on Nov. 24 and will run until Dec. 4, 2...
DepEd eyes limited face-to-face classes
MANILA, Philippines — The Department of Education (DepEd) has told a Senate committee that although face-to-face classes are not likely until yearend, a recommendation will be made to President Duterte to allow selected and limited classroom teaching with strict health protocols.Education Undersecretary Nepomuceno Malaluan yesterday told the Senate committee on education, chaired by Sen. Sherwin Gatchalian, that Duterte will have the final say on the matter even as he recalled that Education Secretary Leonor Briones had made similar recommendations before.“The question being answered is where ...
Diabetes Awareness Month: How to avoid serious eye diseases
How does diabetes affect my eyes?Diabetes affects your eyes when your blood glucose, also called blood sugar, is too high.You are not likely to have vision loss from high blood glucose. People sometimes have blurry vision for a few days or weeks when they are changing their diabetes care plan or medicines. High glucose can change fluid levels or cause swelling in the tissues of your eyes that help you to focus, causing blurred vision. This type of blurry vision is temporary and goes away when your glucose level gets closer to normal.If your blood glucose stays high over time, it can damage the...
Senate okays CREATE bill, Dominguez eyes new tax reform law by yearend
THE Senate, voting 20-1, passed on third and final reading on Thursday the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill providing reforms in corporate taxes and incentives, with Sen. Richard Gordon casting the lone negative vote.The House of Representatives, where the counterpart bill had undergone two incarnations before CREATE and which had passed the measure nine months ago, sent word it would adopt the Senate version, thus averting the need to convene a bicameral conference committee.Nonetheless, certain senators will be spending the upcoming session break—from Novem...
China pushes test-based health code, eyes global mechanism
A passenger (2nd R) shows her health QR code to health quarantine staff at Hengqin Port on Aug. 18, 2020. The new port to facilitate travel between Macao and Zhuhai, south China's Guangdong Province, was officially put into use Tuesday, a new step to boost development of the Guangdong-Hong Kong-Macao Greater Bay Area. (Xinhua/Deng Hua)More Chinese embassies have joined the push for pre-departure health codes based on coronavirus nucleic acid and antibody tests, a prerequisite for China-bound travels, which can shed light on how a global mechanism for mutual health code recognition will look li...
PAL eyes US court protection from creditors amid COVID-19
Philippine Airlines (PAL) is considering the filing of bankruptcy court protection in the United States as it seeks time to restructure debts and ensure continued operations while the COVID-19 pandemic crushes demand for air travel around the world.Sources told the Inquirer a final decision has yet to be made although the filing—the first ever for the storied flag carrier—could happen in the coming weeks.It comes amid a period of upheaval in the aviation sector, the slow pace of recovery of flights even within the Philippines due to a myriad of COVID-19 restrictions and limited financial suppo...
Philippines Daily Inquirer
Broke Kenya eyes talks on foreign debt cancellation
The Treasury will try to push wealthy countries and multilateral lenders like the World Bank to cancel part of Kenya’s ballooning public debt, reflecting concerns about the burden of paying creditors from taxes that have been hit hard during the coronavirus pandemic.In a November paper titled Post Covid-19 Economic Recovery Strategy 2020-2022, the Treasury says that it’s considering initiating talks with donor countries and multilateral lenders for debt forgiveness.This marks a bold admission that the country is struggling to repay the mounting public debt signals the gravity of the country’s ...
Japan eyes post-marital title for female imperial family members
The Japanese government is considering giving a new honorific title to female imperial family members who lose their royal status after marriage to enable them to engage in public duties, government sources said Monday.Concerns have grown that the number of imperial family members will shrink further down the road, leading to fewer members performing public duties.Under the 1947 Imperial House Law, only males with patrilineal lineage can ascend the throne. Women who marry commoners must leave the imperial family.The plan being floated to give the honorific "kojo" to married female imperial fam...
URGENT: Sapporo eyes temporary exit from travel subsidy program
Japan's northernmost main island of Hokkaido and its capital are arranging to accept a halt of new bookings for Sapporo under the state-run "Go To Travel" subsidy program given a high number of coronavirus cases there, local government sources said Monday.The policy came as Japan reported more than 2,000 new cases of the coronavirus for a fifth straight day on Sunday. Hokkaido has recently seen a spike in new daily infections, topping 300 for the first time last Friday.