Businessmirror february 12, 2018

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BMReports

Love in the time of apps: Filipinos grapple with old, new dating quirks By Faye Pablo & Natasha Pangilinan

Special to the BusinessMirror

Part One

‘I

F it’s not online, it’s not real,” an adage goes. What about love? Or even engaging in a relationship with amorous affection? For Claire de los Reyes (not her real name), new technology in communication provided her a platform to enter into such a relationship. When her female friends asked her over dinner how she met her beau, Claire pointed on a mobilephone’s screen.

A man and woman pass by a row of red heart-shaped balloons at a mall in Pasay City. Young Filipino couples today grapple with the reality of technology and rising costs in their dating stage. ALYSA SALEN

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They neither met at work nor a cousin’s wedding. Claire’s beau, Dave, isn’t also a friend of a friend. He was on Tinder. And so was she. Claire and Dave are classified as millennials: Filipinos born during the heady days of industry’s love affair with mobile. When touchscreens entered the fray, all things were “swipeable”—even partners. Claire and Dave are also members of a generation that has added a new synonym for sexual interaction: hook up. The latter could get as fast as getting a ride on Uber or Grab. In the dating game, the more popular one is Tinder, an application that allows an individual to be matched with another stranger within the proximity. Continued on A2

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Monday, February 12, 2018 Vol. 13 No. 124

DOF partial to taxing miners based on output By Rea Cu

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@ReaCuBM

he Department of Finance (DOF) and the Mining Industry Coordinating Council (MICC) will begin exploring the feasibility of increasing the excise tax on mining on a per-commodity basis next month, according to finance officials.

Dominguez: “Increasing taxes on a per-commodity basis makes sense.”

Aside from taxing mineral resources on a per-commodity basis, Finance Secretary Carlos G. Dominguez III said the next MICC meeting

Business judgments in PPPs Alberto C. Agra

PPP AlbertoLead C. Agra

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hen a government agency (GA) and a private sector proponent (PSP) enter into a public-private partnership (PPP) arrangement for a particular project, both, separately and, depending on the modality and terms of the contract, collectively, make business judgments.

See “DOF,” A12

Continued on A11

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resident Duterte’s tough stance against abuse of Filipino workers in Kuwait should boost what the Senate Labor Committee head described last Sunday as a perceptible shift from a purely laborexport policy to a “labor-protection policy”that covers a wide range of measures for strict enforcement by Manilabased regulatory bodies and Philippine diplomatic posts worldwide. Sen. Emmanuel Joel J. Villanueva, chairman of the Senate Committee on Labor and Employment, however, said he is not inclined to “secondguess” Duterte’s options in addressing the problem. In separate interviews, several other senators weighed in on the Kuwait overseas Filipino workers issue, mostly supportive of the ban but suggesting multi-track measures to ensure the least disruption to the OFWs’ families and the Philippine economy, both reliant on remittances. “I don’t want to second-guess the President, but I think he is not also into promoting labor-export policy,”Villanueva said in reply to a text query from the BusinessMirror. The senator recalled that the Philippines “shied away from labor export for a long time and has adopted a policy of labor protection for those who opted to work abroad.” This, as the head of a private think

A Pentagon budget like none before: $700 billion

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VILLANUEVA: “I introduced in the Senate a bill mandating the deployment of Social Welfare AttachĂ©s and opening of International Welfare Services Welfare Offices to ensure on-site interventions on OFWs vulnerabilities.”

@butchfBM

tank and OFW solidarity group said any tweak in labor export and protection policies would have to be sustained this time around, noting how the government had dropped the ball in 1989, when a similar rash of abuses prompted a temporary deployment ban. Manila moved to forge a bilateral labor agreement with Kuwait, but it lifted the deployment ban nonetheless even though no such agreement was ever forged. The success of any bilateral labor protection “always lies with the strong commitment of both parties to implement the contents of that agreement,” said former Labor Undersecretary Susan Ople, in an e-mail interview with the B usiness M irror. She now heads the Blas F. Ople Policy Center, which bears the name of her father, the late senator and foreign affairs secretary, who, as labor secretary in the 1970s, was deemed the architect of the laborexport policy that shored up the economy through decades of crisis. Continued on A2

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NEW LABOR-PROTECTION TACT NEEDED FOR OFWS DEPLOYED IN MIDDLE EAST By Butch Fernandez

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sugar boost A cleaning person sweeps the areas around a sugar stand at a supermarket in Las Piñas City. Sugar, the Bureau of Internal Revenue said, has boosted the excise-tax collection from sugar-sweetened beverages by 15 percent in January alone, according to BIR chief Caesar R. Dulay. But the agency has to scale up its performance as the Department of Finance pushes forward with more tax-reform proposals at the legislature this year. NONIE REYEs

PHL to expand farm exports to Turkey, Hungary By Elijah Felice E. Rosales @alyasjah

A

s the country continues to expand bilateral relations with its nontraditional partners, officials from the Department of Trade and Industry (DTI) embarked on a mission

last week to broaden economic ties with Turkey and Hungary. Trade Secretary Ramon M. Lopez said the trade delegation pushed for the expansion of Philippine farm exports to Hungary, including banana, mango and their processed products, as well as carrageenan,

canned tuna, marine produc ts, electronics, automotive parts and aerospace parts. “They have a strong interest in mango, banana, coconut and carrageenan,” he said in a text message to reporters. See “PHL,” A2

ASHINGTON—It’s the biggest budget the Pentagon has ever seen: $700 billion. That’s far more in defense spending than America’s two nearest competitors, China and Russia, and will mean the military can foot the bill for thousands more troops, more training, more ships and a lot else. And, next year, it would rise to $716 billion. Together, the two-year deal provides what Defense Secretary Jim Mattis says is needed to pull the military out of a slump in combat readiness at a time of renewed focus on the stalemated conflict in Afghanistan and the threat of war on the Korean peninsula. The budget bill that President Donald J. Trump signed last Friday includes huge spending increases for the military: The Pentagon will get $94 billion more this budget year than last—a 15.5-percent jump. It’s the biggest year-over-year windfall since the budget soared by 26.6 percent, from $345 billion in 2002 to $437 billion the year after, when the nation was fighting in Afghanistan, invading Iraq and expanding national defense after the 9/11 attacks. The extra money is not targeted at countering a new enemy or a singular threat like al-Qaeda extremists or the former Soviet Union. Instead the infusion is being sold as a fix for a broader set of problems, including a deficit of training, a need for more hi-tech missile defenses and the start of a complete recapitalization of the nuclear-weapons arsenal. Every secretary of defense since 2011, when the Congress passed a law setting firm limits on military and domestic spending, has complained that spending caps set by the Budget Control Act were squeezing the military so hard that the number of ready-to-fight combat units was dwindling. Aging equipment was stacking up, troops were not getting enough training and the uncertain budget outlook was clouding America’s future. AP

n japan 0.4719 n UK 71.3214 n HK 6.5598 n CHINA 8.1195 n singapore 38.5215 n australia 39.8932 n EU 62.8257 n SAUDI arabia 13.6808

Source: BSP (9 February 2018 )


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