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13,000 tourists stuck in Matterhorn town amid avalanche risk

GENEVA — Swiss authorities near the famed Matterhorn peak have closed ski slopes, hiking trails, cable cars, roads and train service into the nearby town of.....»»

Category: newsSource: philstar philstarJan 9th, 2018

DPWH prepositions equipment, sets alternate roads amid Mayon Volcano unrest

REGIONAL AND District Risk Reduction and Management Teams of the Department of Public Works and Highways (DPWH) in the Bicol Region are on alert status as indications of unrest and eruptive activity of Mayon Volcano intensifies. The DPWH said in a statement released yesterday that Region 5 Director Danilo E. Versola has ordered the district […] The post DPWH prepositions equipment, sets alternate roads amid Mayon Volcano unrest appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 17th, 2018

Threat of Deadly Mayon Pyroclastic Flows Looms

There is an increasing risk for deadly pyroclastic flows in Mayon Volcano which continues demonstrating unrest. People must avoid entering Mayon’s 6.0-km radius permanent danger zone and 1.0 km extended danger zone since pyroclastic flows – which consist of hot gas, rocks and other volcanic deposits – may occur there in forthcoming days amid the […].....»»

Category: newsSource:  metrocebuRelated NewsJan 15th, 2018

Mount Mayon spews ash over 2 Albay towns

CAMALIG, Albay --- Residents of the towns of Camalig and Guinobatan in Albay province experienced ashfall when Mouth Mayon had another phreatic eruption late afternoon Saturday. Residents said the sky around the area of Mayon Volcano turned dark about 5 p.m., and then they smelled sulfur in the air. On his post on his official Facebook account, Albay second district Rep. Joey Salceda said the grayish smoke plume was around 2.5 to 3 km tall and was bent towards the south-west by strong winds. Camalig Mayor Ahrdail Baldo and the town's Disaster Risk Reduction and Management council immediately distributed face masks to residents. Elio Balino, 50, resident at Baligang villag...Keep on reading: Mount Mayon spews ash over 2 Albay towns.....»»

Category: newsSource:  inquirerRelated NewsJan 13th, 2018

Siargao expects P3B in tourism-related investments

GENERAL LUNA, Siargao Islands (MindaNews / 12 January) – Tourism-related businesses will invest at least P3 billion in Siargao Islands this year with the influx of tourists and increasing transportation services, General Luna Mayor Jaime P. Rusillon said Friday. Around 90 percent of the investments will be poured in this town, he said. He said […].....»»

Category: newsSource:  mindanewsRelated NewsJan 12th, 2018

Investors flocking to equities amid continued strength

INVESTORS are shifting their attention to the equity market from the low-risk bond mart, as the bellwether index is seen breaching the 10,000 level in the next two years, the asset management arm of Bank of the Philippine Islands (BPI) said on Friday. Carlos A. Jalandoni, BPI Asset Management and Trust Corp. vice president and […] The post Investors flocking to equities amid continued strength appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 12th, 2018

Gearing up for 2020 Olympics, Japan breaks tourism record

A record number of tourists visited Japan last year, the government said Friday, as the country gears up to welcome the world to the Olympic Games in Tokyo in 2020. Some 28.7 million foreign tourists entered Japan in 2017, meaning the country has tripled its number of visitors in the past five years amid a massive promotional drive ahead of the Olympics. This was a nearly 20 percent gain on the previous year, driven by Chinese tourists taking advantage of more frequent low-cost flights to Japan. According to figures up to November, Chinese tourists led the way with 6.79 million trips, just ahead of South Korea with 6.46 million. Tokyo has eased visa requirements, expanded...Keep on reading: Gearing up for 2020 Olympics, Japan breaks tourism record.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2018

Sleep: Less than 8 hours a night increases risk of depression

Sleeping less than eight hours a night is linked to intrusive and repetitive thoughts like those seen in anxiety and depression, reports a new study. American researchers have studied the sleep duration of people with moderate to high levels of repetitive negative thinking. We already know that getting thoughts stuck in our head before we drop off can have a significant impact on sleep quality. And now a study suggests that disrupted sleep can make it more difficult to put negative thoughts aside in daily life. The researchers exposed the study's participants to different pictures intended to trigger an emotional response. Their attention was observed through their eye movem...Keep on reading: Sleep: Less than 8 hours a night increases risk of depression.....»»

Category: newsSource:  inquirerRelated NewsJan 7th, 2018

ARMM prepares for New Year weather disturbance  

COTABATO CITY(MindaNews/ 30 December)— The Autonomous Region in  Muslim Mindanao (ARMM) disaster management team has stepped up its disaster risk mitigation and preparations amid reports of a low pressure area developing into a tropical depression. ARMM governor Mujiv Hataman on Friday held an emergency meeting with his Cabinet officials to discuss the details of the […].....»»

Category: newsSource:  mindanewsRelated NewsJan 3rd, 2018

State of calamity mulled in Capiz town

By: Felipe V. Celino ROXAS CITY, Capiz – The Municipal Disaster Risk Reduction and Management Council (MDRRMC) in Panitan, Capiz urged the Sangguniang Bayan (SB) to place the town under a state of calamity. Mayor Generoso Derramas said that MDRRMC Resolution No. 01, Series of 2018 urged the SB to declare a state of calamity because […] The post State of calamity mulled in Capiz town appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJan 3rd, 2018

Albay town suspends classes over threat of floods, landslides 

STO. DOMINGO, Albay -- The local government has suspended classes in all levels here starting Wednesday afternoon, Jan. 3, 2018, as non-stop rain since Monday threatens to cause flooding and landslides in some villages. Mayor Herbie Aquas said students from low-lying villages were particularly at risk. He identified these as Barangays Buhatan, Alimsog, San Isidro, Lidong, San Antonio, and Salvacion "We advised the barangay disater officials to be on full alert for possible landslides particularly on the slopes of Mt. Mayon," he said. He said evacuation centers had already been set up should they be needed. /cbb...Keep on reading: Albay town suspends classes over threat of floods, landslides .....»»

Category: newsSource:  inquirerRelated NewsJan 3rd, 2018

PCSO: STL strikes hard against jueteng

The aggressive implementation of the expanded Small Town Lottery (STL) struck hard against illegal numbers game such as jueteng, Philippine Charity Sweepstakes Office (PCSO) General Manager Alexander Balutan said Tuesday. Balutan said this amid a demolition job by former jueteng bagman and whistleblower Sandra Cam and gambling operator Charlie “Atong” Ang against the government-sanctioned lottery [...] The post PCSO: STL strikes hard against jueteng appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 2nd, 2018

Lanao Sur province, town in Bukidnon under state of calamity due to Vinta

The province of Lanao del Sur and a town in Bukidnon province have been placed under state of calamity due to the onslaught of tropical cyclone Vinta, the National Disaster Risk Reduction and Management Council (NDRRMC) said Sunday. Source link link: Lanao Sur province, town in Bukidnon under state of calamity due to Vinta.....»»

Category: newsSource:  manilainformerRelated NewsDec 31st, 2017

Bali declares garbage emergency amid sea of waste

KUTA, Indonesia – Bali's palm-fringed Kuta beach has long been a favorite with tourists seeking sun and surf, but nowadays its golden shoreline is disappearing under a mountain of garbage. Plastic straws and food packaging are strewn between sunbathers, while surfers bobbing behind the waves dodge waste flushed out from rivers ........»»

Category: newsSource:  rapplerRelated NewsDec 28th, 2017

Southern Palawan under state of calamity as storm leaves 11 dead, 27 missing

PUERTO PRINCESA CITY --- The provincial government of Palawan placed the entire southern portion of the province under a state of calamity after the area was hit directly by Tropical Storms "Urduja" and "Vinta' (international known as Kai-tak and Tembin, respectively) in the last two weeks. At least 11 persons were confirmed dead while 27 were declared missing, according to late reports that the provincial government received on Wednesday from the isolated villages of southern Palawan. According to the Provincial Disaster Risk Reduction and Management Office (PDRRMO) of Palawan, most of the deaths were in the remote island village of Mangsee in Balabac town close to the Malaysi...Keep on reading: Southern Palawan under state of calamity as storm leaves 11 dead, 27 missing.....»»

Category: newsSource:  inquirerRelated NewsDec 27th, 2017

Bethlehem hotels teem with tourists, defying tensions over Jerusalem

JERUSALEM — In the West Bank town revered as Jesus’s birthplace, hotels were at full capacity for Christmas despite simmering Israeli-Palestinian tensions over President Donald Trump’s labeling of nearby Jerusalem as Israel’s capital. “We have not witnessed any cancellation since the Trump announcement and are 100% booked for Christmas Eve,” said Palestinian Tourism Ministry public […] The post Bethlehem hotels teem with tourists, defying tensions over Jerusalem appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsDec 25th, 2017

3 fishers reported missing in Initao town; ‘Vinta’ triggers flash flood in CDO

CAGAYAN DE ORO (MindaNews / 22 December) —  Three fishermen went missing at the height of tropical storm “Vinta” that cut a wide swath of destruction across Mindanao on Friday. Faustino Dy, chief of the Misamis Oriental Provincial Disaster Risk Reduction Management Office said family members in Initao town reported that the fishermen did not […].....»»

Category: newsSource:  mindanewsRelated NewsDec 22nd, 2017

BSP readies bank stress test guidelines

THE BANGKO SENTRAL ng Pilipinas (BSP) will soon prescribe standards on the conduct of stress tests by banks, as part of efforts to improve risk management protocols and recovery plans, especially for “too-big-to-fail” lenders. As a rule, banks must conduct stress tests regularly to check how their balance sheets would hold up amid a funding… link: BSP readies bank stress test guidelines.....»»

Category: newsSource:  manilainformerRelated NewsDec 22nd, 2017

BSP readies bank stress test guidelines

THE BANGKO SENTRAL ng Pilipinas (BSP) will soon prescribe standards on the conduct of stress tests by banks, as part of efforts to improve risk management protocols and recovery plans, especially for “too-big-to-fail” lenders. As a rule, banks must conduct stress tests regularly to check how their balance sheets would hold up amid a funding […] The post BSP readies bank stress test guidelines appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsDec 21st, 2017

Panthers sale sparks buzz in political, business circles

By Steve Reed, Associated Press CHARLOTTE, N.C. (AP) — The stunning news of the rare opportunity to purchase an NFL team has quickly garnered the attention of sports figures, business investors and politicians alike. Amid reports of sexual and racial remarks made by Carolina Panthers owner and founder Jerry Richardson in the workplace, he has unexpectedly announced that he is selling the NFL franchise after this season ends. It was a bombshell that rocked the Carolinas, and generated shockwaves inside and out of the organization. The team Monday promoted Tina Becker as COO and gave her full control of the day-to-day operations. Becker said in a release that “these have been some of the most difficult days of my 19 years with the Panthers.” She added that her immediate focus will be on corporate side of the organization, “while addressing the real concerns that have been raised in recent days.” Richardson, meanwhile, stepped away from daily responsibilities to focus on the sale of the team — which will come with a multi-billion dollar price tag. That’s what is known, but Richardson’s decision to walk away after nearly 25 years as owner has left more questions than answers about the franchise’s future — most notably, who will buy it and will they keep the team in Charlotte. Charlotte Mayor Vi Lyles said she is committed to working to keep the team in Charlotte. “The City of Charlotte values its long-running relationship with the Panthers after more than 22 seasons of NFL football,” Lyles said in a statement to The Associated Press. “The Panthers are part of Charlotte’s fabric. We’ve celebrated victories and anguished over defeats. We understand transitions are inevitable, and we look forward to working with current and future ownership.” The Panthers are tethered to Charlotte through the 2018 season because of an agreement on an $87.5 stadium renovation between the city and the team in 2013. That renovation is nearly complete. But a buyer could potentially purchase the team and move it in 2019. Former North Carolina Gov. Pat McCrory, who was mayor of Charlotte when the Panthers settled into their new stadium, has seen both sides. He also was the mayor when the Hornets left town. He said another question might be about Bank of America stadium. “Will (the new owners) ask for government subsidy to continue to improve the stadium, or, in fact, even build a new stadium, like what’s happened in Atlanta and Dallas?” McCrory said. “That would be a tall order.” He said it will be a business decision— and the highest bidder will get the team, to possibly do with it as they chose. “Unless the NFL steps in and says, ’No, you need to have a local ownership group,’” he said, “which I’d encourage them to do.” Panthers coach Ron Rivera was “a little taken aback” when Richardson informed him Sunday night of his decision to sell the team. But he too believes the Panthers should remain in Charlotte. “This organization has been a source of pride and goodwill and I would like to it continue,” Rivera said Monday. “This is a great community with a very supportive fan base that has been out there for us. They have been here for me and this football team and I hope that somehow it is able to stay here.” The chance to purchase an NFL team has potential suitors coming out of the woodwork. Rapper and actor Diddy indicated his interest in purchasing the Panthers on Twitter moments after Richardson’s announcement. Two-time NBA MVP Stephen Curry, a Charlotte native, chimed in with “I want in!” NFL quarterback Colin Kaepernick has also expressed interest. Other businessmen with Charlotte connections could show interest as well. Speedway Motorsports chairman Bruton Smith and his son, CEO Marcus Smith, have previously expressed interest in purchasing the Panthers should the opportunity arise. And the Panthers are loaded with minority owners including real estate magnate “Smoky” Bissell, Family Dollar founder Leon Levine and members of the Belk family. Developer Johnny Harris, who was instrumental in luring the Wells Fargo Championship — and later the PGA Championship — to Charlotte, could also decide to increase his ownership stake in the team. Let’s not forget Michael Jordan. The six-time NBA champion owns the Hornets. However, Jordan’s interest level is unknown and his representative Estee Portnoy said she had no comment on the Panthers sale. More names will surely emerge over the next several weeks, but they need to be ready to write a big check. Forbes Magazine recently estimated the Panthers worth at $2.3 billion. And those numbers could be low. Forbes estimated the Buffalo Bills at a net worth of $935 million in 2013, but the team wound up selling in 2014 for $1.4 billion — nearly 50 percent higher than the estimate — according to magazine’s website. Before any sale can be finalized, it will need the approval of 24 of 32 NFL owners. The Panthers have a lot to offer potential suitors: — They are on the cusp of reaching the playoffs for the fourth time in five seasons. — They have sold out 225 of their 227 home games in team history, including 157 straight. — They feature several recognizable stars including 2015 NFL MVP Cam Newton and 2013 Defensive Player of the Year Luke Kuechly. Panthers tight end Ed Dickson said fans don’t deserve to have a team ripped out from underneath them. “It’s growing, it’s definitely been growing,” Dickson said of the fan base. “We are striving to build something that Dallas has, and Pittsburgh has. We don’t have that much history here. But one of the reasons I came here was to be a part of something special. When we do get to the top of the mountain and win a Super Bowl — then we have something to celebrate here” in the Carolinas. At least in 2017 and 2018, after that, it’s unclear where the party would be. ___ AP Writer Skip Foreman contributed to this report......»»

Category: sportsSource:  abscbnRelated NewsDec 19th, 2017

Town on Burias Island placed under state of calamity due to ‘Urduja’ rains

MASBATE CITY -- San Pascual town in Burias Island, Masbate province was placed under state of calamity Saturday as Tropical Storm "Urduja" picked up speed, bringing ample rains and strong winds over the Visayas and Southern Luzon. The state weather bureau raised Storm Signal No. 2 over Masbate, including Ticao and Burias Islands ,as Urduja made landfall in Eastern Samar, affecting nearby provinces. Hernando Dorongon, officer-in-charge at the Masbate Provincial Disaster Risk Reduction Management Office (PDRRMO), said that some residents of Mandaon and Cawayan towns had evacuated. No estimated number of evacuees was available as if this writing. Meanwhile, as of 5:30 p.m., the...Keep on reading: Town on Burias Island placed under state of calamity due to ‘Urduja’ rains.....»»

Category: newsSource:  inquirerRelated NewsDec 16th, 2017