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  • Palace promises charges over lapses in 50 ‘drug war’ cases October 21, 2021
    Intellasia East Asia News There is no need to demand a thorough review of “drug war” cases, the Palace said Thursday, saying the justice department will continue looking into cases where supposed drug suspects died in anti-narcotics operations. The Palace also said that officers involved in 50 cases that the Philippine National Police forwarded to […]
  • Philippines protests Beijing’s ‘provocative acts’ in South China Sea October 21, 2021
    Intellasia East Asia News The Philippines has issued a diplomatic protest over Chinese vessels challenging its ships patrolling the South China Sea with sirens, horns and radio communications, its foreign ministry said on Wednesday. Tensions between Manila and Beijing have been simmering for years in the strategic waterway where both countries have territorial claims. “These […]
  • Digital transformation to create P5 trillion in annual economic value for Philippines October 21, 2021
    Intellasia East Asia News Digital transformation could support up to P5 trillion in annual economic value for the Philippines by 2030, a Google study showed. Fraser Thompson, founder and managing director of AlphaBeta who presented Google’s Economic Impact Report on the Philippines said the country is well placed to benefit from digital transformation which could […]
  • Imports continue to boost frozen pork inventory October 21, 2021
    Intellasia East Asia News The country’s inventory of frozen pork slightly dropped in the second week of October but the volume remains significantly higher than the previous year due to the influx of imports. Latest data from the National Meat Inspection Service (NMIS) showed that the inventory of frozen pork in accredited cold storages declined […]
  • Government told: Blacklist firm that paid no income tax despite P2.23-B pandemic contracts October 21, 2021
    Intellasia East Asia News Senate Minority Leader Franklin Drilon is calling on the government to blacklist one of its top pandemic suppliers, Xuzhou Construction Machinery Group, over its non-payment of income taxes in the country. The firm has cornered deals worth P2.23 billion with the Department of Budget and Management’s procurement service as of September […]
  • Index tracks Wall St gains, up for fifth straight day October 21, 2021
    Intellasia East Asia News The main stock index finished at a fresh nine-month high yesterday as declining local COVID cases and gains on Wall St pumped up investor sentiment. The benchmark Philippine Stock Exchange index (PSEi) rose for the fifth straight session, advancing by 30.77 points or 0.42 percent to close at 7,297.08. Likewise, the […]
  • DOH: Alert Level 2 now a possibility in Metro Manila with decreasing cases October 21, 2021
    Intellasia East Asia News Health authorities and experts agreed Thursday that coronavirus cases are expected to stabilise back to pre-Delta numbers, indicating a possible shift to Alert Level 2 in the coming weeks. Speaking in an interview aired over CNN Philippines’ The Source, Health Undersecretary Maria Rosario Vergeire said that Metro Manila’s positivity rate is […]
  • Philippine pension system 2nd worst in SE Asia October 21, 2021
    Intellasia East Asia News The Philippines has the second worst pension system in Southeast Asia, a global survey showed. According to Mercer’s Global Pension Index 2021, the Philippines ranks among one of the worst countries in terms of giving out retirement incomes, together with Japan, Mexico, South Korea, Turkey, India, Argentina and Thailand. On a […]
  • Blacklist contractors that fail to pay taxes-senator October 21, 2021
    Intellasia East Asia News A firm allegedly owned by the state of China, which bagged over P2 billion in contracts to supply personal protective equipment to the Philippines, as well other companies that fail to pay taxes should be banned from doing business in the country, according to Senate Minority Leader Franklin Drilon. He said […]
  • Century Pacific Food goes into pet food business October 21, 2021
    Intellasia East Asia News Century Pacific Food Inc., the listed food company of the Po family, is making its foray into the pet food business to capitalise on the fast growing consumer goods category. Christopher Po, CNPF’s executive chair, said pet ownership is growing not just in the Philippines but around the world. “Pet food […]