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ENERGY NEWS-Oil prices get small lift for reported decline in gasoline stocks
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Number of regularized private sector workers reaches over 60,000 in Philippines
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MANILA, July 19 — Over 60,000 private sector workers have been regularized since last year, the Department of Labor and Employment (DOLE) reported on Wednesday.
Undersecretary Joel Maglunsod said a total of 63,721 individuals are regular employees in their respective companies.
"So far, as of July 19, mayroon nang 63,721 na mga workers ang naregular mula nung isang taon,” he added during the pre-SONA press conference in Manila.
Maglunsod reiterated that all businesses and establishments including fastfood chains, malls, etc., are covered by Department Order (DO) 174.
The order, which was approved in connection with the directive of President Rodrigo Duterte to stop contractualization, imposes a total ban on labor-only contracting and other forms of unlawful contractual arrangements.
On the other hand, janitorial and security services; services of seasonal and project-based orders are not covered by DO 174.
With this, Maglunsod urged employers to immediately implement once a compliance order has been issued to them. (Ferdinand G. Patinio with Diana Bando (OJT)/PNA)
Duterte signs law expanding AMLA coverage to include casinos
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MANILA, July 19 -- President Rodrigo Duterte has signed into law Republic Act No. 10927 placing casino operations under the coverage of the country’s anti-money laundering law.
RA 10297 effectively amended RA No. 9160 also known as Anti-Money Laundering Act (AMLA) of 2001 to expand its coverage of persons and transactions.
Under the new law, casinos including Internet and ship-based casinos are now considered “covered persons” under AMLA.
The law defines casino as a business authorized by the appropriate government agency to engage in gaming operations.
Any single cash transaction in excess of PHP5 million or its equivalent in any other currency is also now considered “covered transaction” that must be reported to the Anti-Money Laundering Council (AMLC).
As provided by AMLA, the council is tasked to monitor suspicious financial transactions in the country.
The law also authorizes the Court of Appeals to issue a 20-day freeze order on any monetary instrument or property suspected to be related to an unlawful activity.
During that period, the court will conduct a summary hearing to determine whether to lift or extend the freeze order. The total period of the freeze order shall not exceed six months.
Earlier, the Financial Action Task Force (FATF), a global anti-money laundering and anti-terrorism watchdog, called for the inclusion of casinos in the AMLA coverage to avoid the potential blacklisting of the Philippines.
This was after the Bangladesh bank heist in February 2016 exposed AMLA’s weakness in fighting money laundering in the country.
According to reports, part of the stolen money was coursed through the Philippines via the casino industry.
The investigations reached a dead end because the original AMLA left out casinos in the list of entities required to report suspicious transactions.
Lawmakers from both chambers of Congress both moved to pass the amended AMLA bill, saying that failure to do so would mean sanctions that would translate into higher cost of remittances for overseas Filipino workers.
The Senate and the House of Representatives passed the bill on May 30 or before Congress went to recess in June. (Cielito M. Reganit/PNA)
In Bangaladesh-2,000 girl cyclists say 'No' to early marriage
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RANGPUR, July 19, 2017 (BSS) - Over 2,000 schoolgirls brought out a bicycle road show in Bhurungamari upazila, Kurigram aimed at raising awareness against child marriage.
The upazila administration with assistance of different secondary-level educational institutions organised the show on Tuesday afternoon.
Deputy Commissioner of Kurigram Abu Saleh Mohammad Ferdous Khan led the six-kilometre bicycle road show from Joymonirhat Secondary School to Bhurungamari Pilot High School.
Later, the schoolgirls took part in an adolescent fair held on the premises of Bhurungamari Pilot High School where they took oath and showed red cards to child marriage, sexual harassment and gender discriminations.
The deputy commissioner addressed the function as the chief guest and distributed crests among successful students, best teachers and educational institutions. With Bhurungamari Upazila Chairman Nurunnabi Chowdhury Khokan in the chair, the event was addressed by Upazila Nirbahi Officer Mohammad Azharul Islam and Bhurungamari Press Club President Anwarul Haque.
The chief guest said prevention of child marriage has become crucial for proper education of female students as well as women empowerment.
"The present government is implementing various programmes such as providing textbooks to students and increasing number of female teachers to stop child marriage in the society," he said.
Other speakers, at the programme, also laid importance on preventing child marriage for ensuring safety, security and equal rights of girl children to turn them into worthy citizens of the country.
Government officials, teachers, guardians, civil society members, public representatives, socio-cultural and professional activists and local elite were present at the gathering.
RANGPUR, July 19, 2017 (BSS) - Over 2,000 schoolgirls brought out a bicycle road show in Bhurungamari upazila, Kurigram aimed at raising awareness against child marriage. The upazila administration with assistance of different secondary-level educational institutions organised the show on Tuesday afternoon.
Deputy Commissioner of Kurigram Abu Saleh Mohammad Ferdous Khan led the six-kilometre bicycle road show from Joymonirhat Secondary School to Bhurungamari Pilot High School.
Later, the schoolgirls took part in an adolescent fair held on the premises of Bhurungamari Pilot High School where they took oath and showed red cards to child marriage, sexual harassment and gender discriminations.
The deputy commissioner addressed the function as the chief guest and distributed crests among successful students, best teachers and educational institutions. With Bhurungamari Upazila Chairman Nurunnabi Chowdhury Khokan in the chair, the event was addressed by Upazila Nirbahi Officer Mohammad Azharul Islam and Bhurungamari Press Club President Anwarul Haque.
The chief guest said prevention of child marriage has become crucial for proper education of female students as well as women empowerment.
"The present government is implementing various programmes such as providing textbooks to students and increasing number of female teachers to stop child marriage in the society," he said.
Other speakers, at the programme, also laid importance on preventing child marriage for ensuring safety, security and equal rights of girl children to turn them into worthy citizens of the country.
Government officials, teachers, guardians, civil society members, public representatives, socio-cultural and professional activists and local elite were present at the gathering.
Pakistan keen to further strengthen its relationship with Russian
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KARACHI, July 19 (APP): Pakistan cherishes its cordial
relationship with Russia and is equally committed to promote the same
on strong lines, said Governor of Sindh, Muhammad Zubair here on
Wednesday.
Talking to the Consul General of Russia, Oleg N Avdeev, in a
farewell meeting at the governor house, he said the rampant changes in the geo-political scenario in the world, since 2011, has renewed closeness between the two countries.
Appreciating the Russian C.G. for his role in promoting
friendship between the two people, he said this has also led to series
of partnerships in the spheres of technology, investment, trade and
business.
Establishment of Pakistan Steels and technical assistance
extended by Russia for Guddu and Muzaffargarh power plants, over the
years, are the most prominent projects that can never be ignored by
the people of Pakistan, said the Governor of Sindh.
Muhammad Zubair said Russian investment in the Thar Coal Project
is also highly appreciable and that the people of Sindh and Pakistan
look forward to more such partnerships.
Mentioning that Karachi, the commercial hub of the country has
emerged to be a favorite destination for numerous multinational
companies, he said Russia can take advantage of the potential that the
city offers.
Consul General Oleg N Avdeev on the occasion expressed his
gratitude to the people of Sindh and its capital Karachi for extending
him all respect and care.
relationship with Russia and is equally committed to promote the same
on strong lines, said Governor of Sindh, Muhammad Zubair here on
Wednesday.
Talking to the Consul General of Russia, Oleg N Avdeev, in a
farewell meeting at the governor house, he said the rampant changes in the geo-political scenario in the world, since 2011, has renewed closeness between the two countries.
Appreciating the Russian C.G. for his role in promoting
friendship between the two people, he said this has also led to series
of partnerships in the spheres of technology, investment, trade and
business.
Establishment of Pakistan Steels and technical assistance
extended by Russia for Guddu and Muzaffargarh power plants, over the
years, are the most prominent projects that can never be ignored by
the people of Pakistan, said the Governor of Sindh.
Muhammad Zubair said Russian investment in the Thar Coal Project
is also highly appreciable and that the people of Sindh and Pakistan
look forward to more such partnerships.
Mentioning that Karachi, the commercial hub of the country has
emerged to be a favorite destination for numerous multinational
companies, he said Russia can take advantage of the potential that the
city offers.
Consul General Oleg N Avdeev on the occasion expressed his
gratitude to the people of Sindh and its capital Karachi for extending
him all respect and care.
Wednesday Morning News Briefing
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Paratroopers of NATO armies take part in "Swift Response 2017" military drill, a part of "Saber Guardian 2017" exercise, at Bezmer airfield, Bulgaria, July 18, 2017. REUTERS/Stoyan Nenov
Washington
For seven years, U.S. Senator Mitch McConnell vowed to slay Obamacare if only his Republican Party controlled the House, Senate and the White House. But even with those conditions in place, McConnell's efforts to repeal all or portions of former President Barack Obama's landmark 2010 Affordable Care Act came crashing down. The result has Democrats feeling emboldened 16 months before the next congressional elections, and calls into question McConnell's reputation as a master tactician and deal-maker that he earned as Republican minority leader under Obama.
A White House commission set up to look into U.S. President Donald Trump's allegations of voter fraud, which critics have said could be a vehicle to suppress voting rights, is slated to meet for the first time today. Studies have shown voter fraud is rare in U.S. elections. Trump charged without evidence last year that millions voted unlawfully in the November presidential election.
Russia investigation
The Russian lawyer who met Donald Trump Jr. after his father won the 2016 U.S. Republican presidential nomination has said she is ready to testify to Congress to dispel what she called "mass hysteria" about the encounter.
U.S. President Donald Trump and Russian President Vladimir Putin had a previously undisclosed conversation during a dinner for G20 leaders at a summit earlier this month in Germany, a White House official said. News of the conversation was first reported by Ian Bremmer, the president of political risk consultancy Eurasia Group. Bremmer said Trump got up from his seat halfway through dinner and spent about an hour talking "privately and animatedly" with Putin, "joined only by Putin's own translator." The lack of a U.S. translator raised eyebrows among other leaders at the dinner, said Bremmer, who called it a "breach of national security protocol."
An Atlantic Puffin holds a mouthful of sand eels on the island of Skomer, off the coast of Pembrokeshire, Wales July 18, 2017. REUTERS/Rebecca Naden
North Korea
North Korea carries out public executions on river banks and at school grounds and marketplaces for charges such as stealing copper from factory machines, distributing media from South Korea and prostitution, a report by a Seoul-based non-government group said.
Syria
Clashes between rival insurgent groups broke out in Syria's Idlib region in some of the heaviest fighting between Islamist factions which hold sway in the northwestern province, war monitors reported.
France
France's head of the armed forces resigned after a heated dispute with Emmanuel Macron over defense budget cuts, bringing to a head an early test of the newly elected president's mettle.
Business
Google announced an overhaul of its search app on mobile phones to include a personalized feed of links about hobbies, travel, sports and other topics, a move that puts the search company into more direct competition with social networks such as Facebook.
Breakingviews: After half a century of strife, FARC guerrillas are laying down their weapons and integrating into Colombia's political landscape. The Exchange podcast traveled to Bogota to discuss potential dividends from peace, infrastructure investment and the economy with Colombia's finance minister.
U.S. spices maker McCormick & Co has agreed to buy Reckitt Benckiser Group's food business for a higher-than-expected $4.2 billion to give it a wider variety of seasonings and sauces.
Harley-Davidson’s shares skidded to a more than one-year low after the motorcycle maker cut its full-year shipments forecast as demand weakens among its aging baby-boomer customers and as fewer millennials take to motorcycling.
U.S.
Advocacy groups launched petitions and sent letters urging two of the biggest U.S. public pension funds to divest from an investment fund unless it stops paying one of President Donald Trump's companies to run a New York hotel.
Amid public outrage over the fatal shooting of an Australian woman by Minneapolis police, the most persistent question was why officers did not turn on body cameras that could have captured what happened.
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