Wednesday, December 4, 2024

Economic risks from ‘UniTeam’ feud flagged

Political instability may disrupt policymaking–Nomura ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

 

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December 5, 2024

 

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ECONOMY

Economic risks from 'UniTeam' feud flagged


Political instability amid the simmering feud between President Marcos and Vice President Sara Duterte could emerge as a major source of economic risk, especially if the conflict would lead to "weak" results in the 2025 midterm polls and disrupt policy continuity, Nomura said.


By Ian Nicolas P. Cigaral

 

INSURANCE

Generali sells PH business to Insular Life


Life insurance giant Insular Life Assurance Co. Ltd. will buy the Philippine business of Italy-based Generali Life as part of an expansion plan seen to broaden its services in the country.


By Meg J. Adonis

 

ALL IN THE FAMILY

The perils of perfectionism


I am a perfectionist," my former student Y humble-brags. Y landed her dream job after graduation, and now works for a well-known consultancy. An "academic achiever" all her life, Y credits her parents with instilling her work ethic while at the same time setting standards so high that "I felt I was always disappointing them." 


By Queena N. Lee-Chua

 

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BIZ BUZZ

Will you drink sewage water?


Can you imagine drinking water from the sewage treatment plant? There's existing technology that treats wastewater and turns it to something drinkable as a way to promote the circular economy and stabilize water resources amid climate change.


By Doris Dumlao-Abadilla

 

INQUIRER PLUS-EXCLUSIVE

Seoul stocks sink amid S Korea drama as Asian markets struggle


HONG KONG—South Korean stocks sank more than two percent on Wednesday while the won rebounded from earlier losses after President Yoon Suk-yeol dramatically declared martial law overnight before reversing the decision hours later.


By AFP


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© 2024 PHILIPPINE DAILY INQUIRER, Barangay La Paz, Makati City, Philippines


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Power Trends+: Revealing the Best and Worst Stocks in Our Quantum Edge System

Second impeachment raps focus on VP Sara's P125M fund use in 11 days

Accusing Vice President Sara Duterte of committing what they described as the highest form of treachery through betrayal of public trust by misusing and abusing confidential funds ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

 

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December 5, 2024

 

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WE SWEAR Members of progressive groups led by Bayan president Renato Reyes (in light-colored polo barong) and former Bayan Muna Rep. Neri Colmenares swear to affirm their allegations of betrayal of public trust against Vice President Sara Duterte in their impeachment complaint, the second against her this week, at the House of Representatives on Wednesday. —NIÑO JESUS ORBETA

 

Hi there. Second impeachment raps focus on VP Sara's P125M fund use in 11 days


In their impeachment complaint, 74 members of progressive groups are accusing VP Sara Duterte of treachery through betrayal of public trust by allegedly misusing and abusing confidential funds amounting to P612.5 million.


The PH Coast Guard has recorded new acts of aggression by China in the West Philippine Sea—first, a Chinese Coast Guard vessel blasting a PH civilian boat with water cannon, and two other Chinese ships harassing two PCG vessels.


A US court says PH defendants in the case filed by the Bangladesh central bank over the 2016 cyber heist must answer the complaints—or face default judgment that would compel them to pay the full amount of damages sought by Bangladesh.


The presence of a Russian attack submarine in the WPS last week did not violate any international law or PH's exclusive economic zone, according to the Russian embassy, following reports of the sub being sighted near Occidental Mindoro.


Now the blowback: South Korea's opposition parties are moving to impeach President Yoon Suk Yeol after his short-lived martial law declaration that shocked the country, while presidential advisers and secretaries for Yoon have offered to resign.

 

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OPINION

Senators on trial in VP's impeachment


The senator-judges in the impeachment trial must be made aware that, while they will sit in judgment in the trial of Sara Duterte, they themselves will be on trial and the verdict for or against them will be delivered in the May 2025 elections. In other words, the impeachment trial will be a double trial—one against the Vice President, and another against the senators.


By Joel Ruiz Butuyan

 

BUSINESS

Economic risks from 'UniTeam' feud flagged


Political instability amid the simmering feud between President Marcos and Vice President Sara Duterte could emerge as a major source of economic risk, especially if the conflict would lead to "weak" results in the 2025 midterm polls and disrupt policy continuity, Nomura said.


By Ian Nicolas P. Cigaral 

 

REGIONS

Kin still hopeful missing Subic fishers will find way home


SUBIC, ZAMBALES—Clutching his weathered hands tightly, 55-year-old fisherman Renato Celistra this week faced their town mates and announced that he and his crew had returned without finding their missing companions. "We tried, but we couldn't find them," said Celistra, the skipper and owner of FB Reincris, as soon as they reached Barangay Calapandayan here on Monday after six days at sea.


By Joanna Rose Aglibot

 

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LIFESTYLE

At 'sexiest' Morton's, have your ribeye with garlic rice


Peter Shankman was hungry. It was August 2011 and the author and entrepreneur was in the middle of a long day, having caught a 7 a.m. flight to Florida to make it to a three-hour meeting, and then rushing back to the airport to catch his 4:30 p.m. flight back to Newark.


By Pam Pastor

 

INQUIRER PLUS-EXCLUSIVE

Huge Vietnam fraud case raises questions over banking system


Multibillion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge.​


By AFP


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© 2024 PHILIPPINE DAILY INQUIRER, Barangay La Paz, Makati City, Philippines


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Economic risks from ‘UniTeam’ feud flagged

Political instability may disrupt policymaking–Nomura ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌    ...