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Updated: 3 min 31 sec ago

6-year-old becomes youngest Singaporean to trek to Everest Base Camp

Mon, 12/05/2022 - 17:21
  SINGAPORE -- When the going got tough on the undulating and rugged paths towards Everest Base Camp in Nepal, lollipops, raisins and cookies kept six-year-old Om Madan Garg going on the once-in-a-lifetime expedition with his parents. "I want to see the whole world," said the Kindergarten 2 pupil from Canossaville Preschool, whose 65km trek took him past remote villages, Nepalese temples and monasteries, and scenic vistas of Himalayan mountains like Everest, Lhotse and Lhotse Sar. The family -- father Mayur Garg, 38, mother Gayatri Mahendram, 39, and Om -- kicked off their 10-day trek on Sept 28, aided by a guide and two porters. Their entire journey has been documented...

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PBA: Yeng Guiao admits Rain or Shine faces daunting task vs ‘too strong’ Bay Area

Mon, 12/05/2022 - 17:16
MANILA, Philippines---Rain or Shine coach Yeng Guiao has scaled mountains before, but the fiery champion coach feels there's nothing as colossal as going up against Bay Area, the top seed of the PBA Commissioner's Cup. "I don't think you can have a good enough preparation against a team like that," he said shortly after NLEX tabbed the No. 8 seed at the expense of his former club NLEX, 110-100, at PhilSports Arena in Pasig City on Sunday night. "They have an advantage in every aspect: Import, height, and cohesion. They've been together in a hotel. I mean, their camaraderie and their chemistry should be off the charts. And I couldn't think of any strategy that will work against ...

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Chinese students protest over Wuhan University’s COVID-19 rules

Mon, 12/05/2022 - 17:04
  WUHAN -- Students in China have held a peaceful protest over a university's zero-Covid-19 rules, a sign of the simmering discontent with the Asian nation's zero-tolerance approach to the coronavirus. A video on Twitter showed a group of students gathered on Sunday outside an administrative building at Wuhan University, where they chanted for "an open process and information transparency". Weibo posts apparently written by students at the university in the city where the virus first emerged about three years ago said they were unhappy about confusing rules for leaving campus to head for their hometowns and about an exam schedule. Students also said they were upset abou...

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PBA 3×3: Cavitex wins Leg 5 title, gets back at Platinum

Mon, 12/05/2022 - 17:04
MANILA, Philippines---Cavitex exacted revenge against Platinum Karaoke, scoring a wire-to-wire 21-13 win to clinch a leg title in the PBA 3x3 Second Conference Season 2 Sunday at Robinsons Place Novaliches. The Braves set the tone of the Leg 5 finals early on behind the guns of Dominick Fajardo and Chester Saldua, who alternated giving the team a 10-2 lead with just four minutes gone by in the game. Platinum never recovered from the slow start as the Braves never let up and coasted to their first championship this conference worth P100,000. Fajardo led Cavitex with nine points, Saldua added seven, and Jorey Napoles five, including the game-clinching deuce with still plenty o...

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Creation of virology, vaccine institute in PH secures House nod on final reading

Mon, 12/05/2022 - 17:04
MANILA, Philippines -- The proposal to create a Virology and Vaccine Institute of the Philippines (VIP) earned the approval of the House of Representatives on its third and final reading on Monday. A total of 216 lawmakers approved House Bill No. 6452, or the Act Establishing the Virology and Vaccine Institute of the Philippines, which is among the priority measures mentioned by President Ferdinand "Bongbong" Marcos Jr. during his first State of the Nation Address last July. House Speaker Martin Romualdez, who was among the principal authors of the bill, said the measure is pushing for the creation of a VIP with the following objectives: Serve as the lead convener for the ...

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UAAP: Mystery shrouds La Salle after season-ending loss to Adamson

Mon, 12/05/2022 - 16:46
MANILA, Philippines --- La Salle still played with a depleted roster even in its most important game in the UAAP Season 85 men's basketball as it bombed out of Final Four contention with an 80-76 loss to Adamson in a playoff game on Sunday at Mall of Asia Arena. With their season on the line, the Green Archers played without presumptive Rookie of the Year Kevin Quiambao, who tested negative but still didn't get the clearance to go out of the league's health and safety protocols. Another key cog in Michael Phillips wasn't also at the venue for the third straight game as coach Derick Pumaren said the big man was still experiencing dizziness and headaches, while Schonny Winston, the ...

Keep on reading: UAAP: Mystery shrouds La Salle after season-ending loss to Adamson
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Bargains begin luring big banks back to China bets for 2023

Mon, 12/05/2022 - 16:39
HONG KONG -As Chinese assets whipsaw around hopes and fears over the country's path out of the pandemic, big offshore investors are slowly leaving the sidelines as they plot a cautious return to one of the year's worst-performing equity markets. The drumbeat of bullish outlooks has grown a bit louder over recent weeks as analysts at Citi, Bank of America, and J.P. Morgan upgraded recommendations, and said re-opening can lift consumer-exposed stocks that have fallen to attractive prices. Goldman Sachs forecasts 16 percent index returns for MSCI China and CSI300 next year and recommends an overweight allocation to China, while J.P.Morgan expects a 10 percent potential upside in MSCI ...

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P6.6M marijuana bricks seized in Isabela but suspect escapes

Mon, 12/05/2022 - 16:39
QUEZON, Isabela --- Police have launched a manhunt operation to arrest an alleged drug dealer who eluded arrest after selling P6.6 million worth of marijuana to an undercover agent on Dec. 3. The Philippine Drug Enforcement Agency (PDEA) said Bryan Appag escaped when he sensed that he would be arrested during the buy-bust operation. Appag reportedly left behind 55 kilos of marijuana bricks with fruiting tops. "No one can escape the long arm of the law. We will not cease until the suspect is behind bars for violating the anti-drug law," PDEA Regional Director Joel Plaza said in a statement. INQ RELATED STORIES 3 men caught with P196k marijuana bricks in Isabela-Kali...

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3 dead in Batangas road mishaps

Mon, 12/05/2022 - 16:26
  LUCENA CITY --- Two pedestrians and a driver were killed in two separate road mishaps on Sunday and Monday in Batangas province. The Batangas police reported that Nerissa Tan, 60, and Genelyn Pearoyo, 51, were crossing the Maharlika Highway in Barangay San Miguel in Sto. Tomas City around 1 a.m. Monday, when a van driven by Noli Rojero hit them. The van dragged the victims, and a pick-up driven by Richard Perol hit them again. Investigators said the two pedestrians died while being taken to separate hospitals. The drivers were now in police custody while an investigation was underway. In San Jose town, the police reported that Michael Oriana suffered a heart ...

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UAAP: Jerom Lastimosa, Adamson not satisfied with just a Final Four return

Mon, 12/05/2022 - 16:24
MANILA, Philippines --- After leading Adamson to its first Final Four appearance in four years, Jerom Lastimosa is far from done. The Falcons edged the La Salle Green Archers in a playoff for the last semifinals berth, setting up a Final Four duel with the top-seeded Ateneo Blue Eagles. While the odds are stacked against Adamson, Lastimosa is undeterred. "Talunin [ang Ateneo] ng dalawang beses (Beating Ateneo twice)," said Lastimosa when asked what he looks forward to the Final Four shortly after starring in Adamson's 80-76 win over La Salle on Sunday at Mall of Asia Arena. But coach Nash Racela wants Lastimosa and the Falcons to just focus on winning one game first again...

Keep on reading: UAAP: Jerom Lastimosa, Adamson not satisfied with just a Final Four return
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Monday’s EU-US trade talks overshadowed by tax concerns on climate measure

Mon, 12/05/2022 - 15:56
COLLEGE PARK, Md. - Top European Union officials intend to complain loudly to their U.S. counterparts at a trade meeting on Monday about the bloc's electric vehicles being cut off from tax credits in U.S. President Joe Biden's signature climate law. The U.S.-EU Trade and Technology Council (TTC), a year-old transatlantic forum for dialogue, focused in its first two meetings on regulatory co-operation and presenting a united front against China's non-market economic practices. But the 27-country bloc fears that the $430-billion Inflation Reduction Act with its generous tax credits of $7,500 for Tesla, Ford and other North American-made EVs, will significantly damage European automak...

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Global central banks extend rate hike push in November

Mon, 12/05/2022 - 15:51
LONDON - The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy makers around the globe battle decade high inflation. Central banks overseeing six of the 10 most heavily traded currencies delivered 350 basis points (bps) of rate hikes between them last month. The U.S. Federal Reserve, the Bank of England, the Reserve Bank of Australia, Norway's Norges Bank, Sweden's Riksbank and the Reserve Bank of New Zealand all raised interest rates in November. The European Central Bank, the Bank of Canada, the Swiss National Bank and the Bank of Japan did not hold rate setting meetings in November. The latest moves have brought total rate ...

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11 local holiday bills hurdle Senate panel

Mon, 12/05/2022 - 15:51
MANILA, Philippines --- Eleven local holiday measures hurdled the Senate Committee on Local Government on Monday. Senator JV Ejercito, the panel chairperson, said the 11 bills would be submitted to the plenary for deliberations. The Department of the Interior and Local Government, the Department of Labor and Employment (DOLE), and the National Historical Commission of the Philippines supported the measures and did not express any objection. The following are the 11 measures that are seeking local holidays: Senate Bill No. 1153 - An Act Declaring February 21 of Every Year as "Araw ng Marinduque," a Special Nonworking Holiday in the Province of Marinduque ...

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UAE president visits Qatar in sign of thaw

Mon, 12/05/2022 - 15:49
  DUBAI -- The United Arab Emirates (UAE) president will visit Qatar on Monday, state news agency WAM reported, in the first such visit since Saudi Arabia and its Arab allies ended a boycott of Doha nearly two years ago. Sheikh Mohammed bin Zayed al-Nahyan, the UAE's de facto ruler for years before becoming president earlier this year, will visit Qatar on an invitation from Emir Sheikh Tamim bin Hamad al-Thani, whose country is hosting soccer's World Cup. RELATED STORIES 4 Arab countries sever diplomatic relations with Qatar Ukraine conflict opens diplomatic and energy opportunities for Qatar  ...

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TNVS drivers, operators open to working with gov’t to boost PH’s ride-hailing services

Mon, 12/05/2022 - 15:48
MANILA, Philippines -- A coalition of more than 25,000 transport network vehicle services (TNVS) drivers and operators on Monday said they are willing to work with the government to improve ride-hailing services in the country. TNVS CommUNITY spokesperson Bobby Coronel said in a press conference they want to be an "integral part of the solution to the perennial problem of our country's public transportation, especially Metro Manila." Metro Manila is cited as among the cities with the worst public transportation and urban mobility readiness based on a think tank Oliver Wyman Forum report and the University of California, Berkeley. READ: Public transportation, mobility readine...

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Australia PM tests positive for COVID-19, to work from home

Mon, 12/05/2022 - 15:45
  SYDNEY -- Australian Prime Minister Anthony Albanese said he had tested positive for COVID-19 on Monday afternoon and would work from home while isolating. In October, Australia ended mandatory home quarantine for COVID-infected people. "I encourage anyone who is unwell to test and to take any extra precautions to keep their families and neighbors well," Albanese said in a statement. Albanese is due to make a two-day trip to Papua New Guinea on Dec. 12-13. It is the second COVID infection for Albanese, who was sidelined for some of the federal election campaign earlier this year after a positive test. Albanese's Labor Party won power at the election. RELATED ...

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Japanese billionaire to make ‘big announcement’ on space after Musk meeting

Mon, 12/05/2022 - 15:45
TOKYO -Japanese billionaire Yusaku Maezawa tweeted on Monday that he plans to make a "big announcement" related to space after a meeting with SpaceX owner Elon Musk. Yusaku Maezawa, founder of online fashion site Zozo Inc, completed a tourist trip to the International Space Station (ISS) on a Soyuz spacecraft in December last year and plans to journey around the moon with Musk's rocket and satellite company SpaceX in 2023. The 47-year-old entrepreneur tweeted that he had held an online meeting with Musk and "can now make a big announcement about space on December 9". The space enthusiast will likely become the first private passeng...

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P63M worth of misdeclared frozen goods from China, HK intercepted — BOC

Mon, 12/05/2022 - 15:34
MANILA, Philippines --- At least P63 million of frozen food products misdeclared as prawn balls from Hong Kong and China were intercepted at the Manila International Container Port (MICP), the Bureau of Customs (BOC) said on Monday. In a statement from BOC, Commissioner Yogi Filemon Ruiz and Deputy Commissioner Juvymax Uy confirmed that the agency issued two Alert Orders last November 17 for the shipment from Hong Kong and two more orders on November 18 for the shipment coming from China after receiving derogatory information regarding these imported materials. The alert order was referred to Victory JM Enterprise OPC, the registered importer of the two containers from Hong Kon...

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Oil prices rise after OPEC+ keeps output cut targets, China eases COVID curbs

Mon, 12/05/2022 - 15:26
SINGAPORE -Oil prices edged up on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude. At the same time, in a positive sign for fuel demand, more Chinese cities eased COVID-19 curbs over the weekend, though the partial easing in policies sowed confusion across the country on Monday. While prices rose as much as 2 percent earlier in the day, both the Brent and U.S. West Texas Intermediate (WTI) contracts have since pared some gains. Brent crude futures were last up 49 cents, or 0.6 percent, to $86.06 a barrel at 0700 GMT, while WTI crude futures gained 51 cents, or 0.6 percent , to $80.49 a barrel. ...

Keep on reading: Oil prices rise after OPEC+ keeps output cut targets, China eases COVID curbs
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Senate panel green lights creation of Barangay Guinhalinan in Surigao del Sur

Mon, 12/05/2022 - 15:19
MANILA, Philippines --- The Senate committee on local government approved on Monday the creation of a barangay (village) in Surigao del Sur province. The panel, chaired by Senator JV Ejercito, passed House Bill No. 4844 which aims to establish Barangay Guinhalinan in Barobo town. Surigao del Sur 2nd District Rep. Johnny Pimentel sponsored the bill in the upper chamber. RELATED STORIES DILG orders creation of barangay response teams Ormoc City now has fewer barangays after plebiscite Creation of Brgy Banawa-Englis opposed KGA...

Keep on reading: Senate panel green lights creation of Barangay Guinhalinan in Surigao del Sur
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