Advertisements


Embrace China Telecom, Pinoys told

Filipinos should welcome China Telecom as the third player in the Philippine telecommunications industry, instead of dwelling on the possible security risk issues its entry poses, a cybersecurity expert said on Thursday. Rey Lugtu, president of digital transformation consultancy firm Hungry Workhorse, said Filipinos should give China Telecom or other foreign telcos a chance to [...] The post Embrace China Telecom, Pinoys told appeared first on The Manila Times Online......»»

Category: newsSource: manilatimes manilatimesJan 11th, 2018

‘Train and Fetish for Coke’ by Jun Ledesma

Letters From Davao: FINANCE Secretary Sonny Dominguez took the personal initiative to explain the impact of the landmark Tax Reform for Acceleration and Inclusion. This after some artists attempted to tweak the real and equitable benefits that Filipinos will derive from TRAIN. It is rather sad that some quarters are muddling up the positive impacts of the new tax reform law but funny enough to make the increase of the price of Coca-Cola as their principal issue as though it is the national fetish of Filipinos. Truth is, imposing higher tax on the sweet drink is a panacea to what seems to be an incurable proclivity of Pinoys for coke. The Cola, just like cigarettes, is among the top causes of affliction and death of us Pinoys – diabetes. By the way those who are now dependent on drugs for their diabetes the news is the prescribe drugs will be tax free and therefore expect the price to plummet. In summary and in sum, those who earn P250,000 keeps their P50,000 tax which they use to pay.Those in the upper bracket enjoy tax benefits too. We have to emphasize this as this is where the largest population of wage earners belong. The thousands of public school teachers will celebrate once the get hold of their take home pay. The burden now is actually transferred to the rich and they better not dodge paying the right tax otherwise life will be a little bit more difficult for them under the Duterte regime and while the Department of Finance is under the watch of Secretary Dominguez. Why make an issue about the luxury cars being taxed a little less. Just how many luxury cars can one have in his garage. But think about the other incentives if you are really hunting for a car. An environment friendly vehicle like an electric car is even tax free and a hybrid variety with so little tax. Incentive is the key word. In short when the team of Secretary Dominguez crafted TRAIN, they are not only looking for money to fund the massive infrastructures that we are so in dire need of, they are also looking after the health of the nation. Those who find fault in TRAIN will not just stop with Coke which they had raised to underscore the negative impact of the tax reform law on the poorest of the poor. It is actually belaboring the issue but to answer the idiotic question DSWD actually has funds for them and their will be corresponding adjustments that is provided for by TRAIN. What maybe they would raise next are the beggars in the streets. These poor and the mendicants are not in the radar screen of TRAIN when it comes to tax but just the same they are part of the inclusion. The revenues that TRAIN will raise is primarily for infrastructures. Railways, roads and bridges, airports, seaports and irrigation among others. In addition to the billions of pesos that TRAIN will raise are cheap loans from Japan and China. Never in our history do we have this availment of cheap money which comes with an incredible terms that give the country a holiday of over ten years before we start paying the loans. That is why under the BUILD, BUILD, BUILD program the momentum of development could be much faster that our usual expectation. Even with the implementation of the projects, expect shortages in skilled personnel especially in the railway projects. Secretary Arthur Tugade of the Department of Transporation had advanced the idea of setting up a Railway institute while construction is ongoing because managing and maintaining railways are something strange to Filipinos. Other infrastructures, like roads, bridges and building would be needing thousands of workers. With network of infrastructures expect productivity to rise above normal levels. These will generate if not motivate people to produce more as access to the markets will now be cheaper and their profits doubled. The entire nation is celebrating the prospects and the dawning of the new era. The surveys say it all. An overwhelming number of Filipinos look up to 2018 and beyond with unprecedented optimism. This is only shadowed by the results of the surveys which show an all time high in the TRUST and SATISFACTION ratings which are pegged in the grade of “Excellence”. No matter how and what the opposition and critics will do no amount of demonizing and rallies can diminish that trust and satisfaction or derail the programs of the Duterte administration. The President is focused on his agenda, and his Cabinet members are on track. Even the players in telecom industry which had been so laggard and so inept for decades and have become a national shame are now uneasy with the mere announcement of the entry of the 3rd Telecom player. The duopoly suddenly came out with series of announcement that they are pouring in billions of dollars to address the sluggish internet speed, drop calls and inadequate availability of telecom service in the country. Oh well, these duopoly thought they have the monopoly of and knowledge of the telecom technology and how to run it. Early in the Presidency of Duterte, one of them had the temerity of telling the President to leave telecom alone as this is an area where the duopoly has the sole expertise. To there surprise this President, whom they thought is so […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJan 26th, 2018

Different approaches to bitcoin in Asia

TOKYO, Japan – From clampdowns to a warm embrace, regulators in Asia have taken very different approaches to dealing with the  bitcoin phenomenon . Here are the developments in a few key markets: Chinese clampdown In mid-September, China's central bank, the People's Bank of China (PBOC), told ........»»

Category: newsSource:  rapplerRelated NewsJan 7th, 2018

5 foreign firms eye PH telco sector

China Telecom Corp. isn’t the only foreign company interested in becoming the Philippines’ third telco player, a senior government official said. Eliseo Rio, Department of Information and Communications Technology (DICT) officer-in-charge, told reporters on Wednesday that five firms from Japan, Korea, China, Australia and the United States were looking at investing in the country. “Iba [...] The post 5 foreign firms eye PH telco sector appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 21st, 2017

PT& T confident it can compete with or without China partner

By Patrizia Paola C. Marcelo, Reporter PHILIPPINE Telegraph and Telephone Corporation (PT&T) is confident it can compete in the market as the third telco player, regardless of the outcome of its “preliminary” talks with China Telecom. “We consider ourselves as the de facto third player,” PT&T Chairman Salvador Zamora told BusinessWorld last week. He noted the […] The post PT&T confident it can compete with or without China partner appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 18th, 2017

Former intel officer warns vs entry of China Telecom

A retired intelligence officer who held a delicate post at the height of China's artificial island-building in the South China Sea told the Inquirer that the entry of China Telecom into the Philippine market poses a national security threat. "It's going to be a long-term disaster for us," he said, observing that President Rodrigo Duterte "is so enamored with China." "We're dead. They [will] now have access to our telecom infrastructure," added the former officer, speaking on condition of anonymity. Presidential Communications Secretary Martin Andanar said on Sunday that acting Information and Communications Technology Secretary Eliseo Rio Jr. told a recent Cabinet meeting that C...Keep on reading: Former intel officer warns vs entry of China Telecom.....»»

Category: newsSource:  inquirerRelated NewsDec 11th, 2017

TransCo seeking partnership with ‘3rd player’ China Telecom

By Victor V. Saulon, Sub-Editor NATIONAL Transmission Corp. (TransCo) wants to be the partner of the Chinese company that was named by the Communications secretary as Beijing’s choice as the proposed third player in the local telecommunications industry. “We can be the 60%,” Melvin A. Matibag, TransCo president and chief executive officer, told reporters during […] The post TransCo seeking partnership with ‘3rd player’ China Telecom appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 11th, 2017

Hold the phone: Huawei mistrust imperils China tech ambitions

SHANGHAI, China – China's ambitious drive to dominate next-generation 5G technology faces a sudden reality check as fears spread that telecom companies like Huawei could be proxies for Beijing's intrusive security apparatus. Fifth-generation mobile communications are the next milestone in the digital revolution, bringing near-instantaneous connectivity and vast data capacity. They will ........»»

Category: newsSource:  rapplerRelated NewsDec 11th, 2018

China slams arrest of Huawei CFO | The Manila Times Online

BEIJING: China on Saturday summoned the Canadian ambassador over the unconscionable and vile detention of telecom giant Huaweis chief financial officer in Vancouver, state media reported, in Beijings.....»»

Category: newsSource:  manilanewsRelated NewsDec 10th, 2018

China summons U.S. ambassador over Huawei arrest

BEIJING, China (UPDATED) – China summoned the US ambassador on Sunday, December 9, to protest the "extremely bad" arrest of telecom giant Huawei's chief financial officer in Canada and demand that the United States drop its extradition request. The arrest of Meng Wanzhou , who faces US fraud charges related ........»»

Category: newsSource:  rapplerRelated NewsDec 10th, 2018

China slams arrest of Huawei CFO

BEIJING: China on Saturday summoned the Canadian ambassador over the “unconscionable and vile” detention of telecom giant Huawei’s chief financial officer in Vancouver, state media reported, in Beijing’s latest angry…READ The post China slams arrest of Huawei CFO appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 9th, 2018

Chinese sister city donates two buses to Davao City

DAVAO CITY (MindaNews / 08 Dec) — The City Government of Davao was gifted with two brand new Sunlong buses by its sister city, Nanning, China, a year after the renewal of the diplomatic ties between the two cities, Davao City Investment Promotions Center (DCIPC) head Lemuel Ortonio said on Saturday. Ortonio told MindaNews that both […].....»»

Category: newsSource:  mindanewsRelated NewsDec 9th, 2018

China hopes US, North Korea keep up denuclearization talks | The Manila Times Online

BEIJING: Chinas foreign minister told his North Korean counterpart in Beijing on Friday that he hoped Pyongyang and Washington will maintain dialogue and stick to their denuclearization summit agreeme.....»»

Category: newsSource:  manilanewsRelated NewsDec 8th, 2018

Rita Daniela wants to champion body positivity

Rita Daniela is by all means a normal-sized girl. Still, she used to get body-shamed by vicious people online for not fitting the mold of what they think a female celebrity should look like. It hurt at first, she admitted. But not anymore. As she became more mature, she learned how to embrace her body's imperfections.   "I have experienced being teased about my weight. But that's not a hindrance to do the things you love, and show the world what you're capable of as a person and as an artist," Rita told the Inquirer at a recent press conference for the upcoming concert of Jose Mari Chan, "Going Home to Christmas."   After all, the 23-year-old singer-actress poin...Keep on reading: Rita Daniela wants to champion body positivity.....»»

Category: newsSource:  inquirerRelated NewsDec 7th, 2018

China s Weibo eyes global expansion, foreign-language products

HONG KONG – Chinese social media giant Weibo is making a push into foreign markets and is considering launching new products in different languages, a senior executive told AFP, brushing off concerns over censorship and credibility. The Twitter-style platform has long been prominent in China, known for its heavy censorship and ........»»

Category: newsSource:  rapplerRelated NewsNov 30th, 2018

China halts work by team on gene-edited babies

HONG KONG --- China's government has ordered a halt to work by a medical team that claimed to have helped make the world's first gene-edited babies. Vice Minister of Science and Technology Xu Nanping told state broadcaster CCTV Thursday that his ministry is strongly opposed to the efforts that reportedly produced twin girls born earlier this month. Xu called the team's actions illegal and unacceptable and said an investigation had been ordered. Researcher He Jiankui claims to have altered the DNA of the twins to try to make them resistant to infection with the AIDS virus. Mainstream scientists have condemned the experiment, and universities and government groups are investig...Keep on reading: China halts work by team on gene-edited babies.....»»

Category: newsSource:  inquirerRelated NewsNov 29th, 2018

China scientist defends gene-editing babies but pauses trial

HONG KONG, China – The Chinese scientist who claims to have created the world's first genetically-edited babies defended the highly controversial procedure Wednesday, November 28, but announced a halt to the trial following an international outcry. He Jiankui told a packed Hong Kong biomedical conference he was "proud" to have successfully ........»»

Category: newsSource:  rapplerRelated NewsNov 28th, 2018

Fact check: Duterte says no undocumented Filipino workers deported from China

President Rodrigo Duterte told reporters on Tuesday in Bohol that authorities should exercise caution in its crackdown of Chinese nationals working illegally in the Philippines.....»»

Category: newsSource:  philstarRelated NewsNov 28th, 2018

Biased selection?

I would expect a ratings agency as well regarded as Fitch to go beyond the optics in making conclusions. But it claimed in a statement that there was bias in the selection of the Mislatel/China Telecom consortium as the third major telco......»»

Category: financeSource:  philstarRelated NewsNov 27th, 2018

Do we really want to remain as America’s shield?

SASS ROGANDO SASOT WHEN some of my Filipino friends here in the Netherlands invited me to stage a protest outside the Permanent Court of Arbitration at The Hague in 2013 when the time the arbitral case against China was filed, I emphatically refused and told them that the whole thing was a mistake. It would… link: Do we really want to remain as America’s shield?.....»»

Category: newsSource:  manilainformerRelated NewsNov 27th, 2018

Gov t bias toward China seen in 3rd telco race

MANILA, Philippines – The win of Dennis Uy’s Udenna Corporation and China Telecom for the 3rd major telecommunications player slot hints at government bias for Beijing, market think tank Fitch Solutions Macro Research said. “The selection of China Telecom, which follows the almost immediate disqualification of the two ........»»

Category: newsSource:  rapplerRelated NewsNov 26th, 2018