NOW on ANC: Get the real stories behind the numbers in today's episode of #MarketEdge with @michelle_d_ong.
@michelle_d_ong Thomson Reuters Senior Director for Vendor Strategy & Relationship Management Tes Veloso: We have 26,000 employees in over 160 countries; we have a 600-strong workforce in PH. We will boost workforce in Ph by 10% this year- business has recovered and has been doing well for us.
@michelle_d_ong#MarketEdge Veloso: We want to give employees “mind space” as we deal with the unexpected from pandemic and civil unrest in other societies; all units to observe Metal Health Day off every October starting this year. | via @michelle_d_ong
@michelle_d_ong#MarketEdge Veloso: Work-from-home setup has removed mental and physical barriers between work and personal life; the “transition” space was removed without the commute. We are all hyperconnected today | via @michelle_d_ong
@michelle_d_ong#MarketEdge Veloso: We offer personal employee assistance to all staff,. We also have “headspace” app for staff to teach them meditation and focus. We try to remove stigma about mental health by talking about it in the org | via @michelle_d_ong
@michelle_d_ong#MarketEdge Chris Mangun of AA Equities likes this retail food company that has made drastic changes in the new normal, partnered with well known local brands and released new products despite the lack of demand; launching soy based ice creams, desserts soon | @michelle_d_ong
@michelle_d_ong#MarketEdge Mangun: Rally in June was too fast, too far; this bounce today is more sustainable. I’d rather see PSE index stairstep its way higher rather than boom. Valuations looks better today too; we could end year between 6500-7000 | via @michelle_d_ong
@michelle_d_ong#MarketEdge Mangun: PSEi hitting 10,000 in 3 years is conservative, that’s like 1000 pt gain every year; we can even hit 10k sooner, by 2021 or 2022 as long as PH goes back to Pre-pandemic growth | via @michelle_d_ong
@michelle_d_ong AGREA Agricultural System CEO Cherrie Atilano: We have 20,000 farmers in the network from Marinduque and other islands; we co-finance and train them on how to invest and have sustainable market. | via @michelle_d_ong#MarketEdge
@michelle_d_ong#MarketEdge Atilano: Agrarian reform beneficiaries who used to make P4000 every 40 days planting coconut (per 1 ha farm), now make additional P2000/ week intercropping with superfoods like turmeric | via @michelle_d_ong
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@IanEsguerra Infrawatch PH Convenor Terry Ridon: An independent task force is better than one inside DPWH. #ANCMattersOfFact
@IanEsguerra#ANCMattersOfFact Ridon: The public is not assured that the price of government contracts is fair, reasonable. There should be a way around this.
EXCLUSIVE: NBI to summon anew Bureau of Immigration officials and employees involved in the pastillas scam for unexplained wealth. | via @Nikobaua
@Nikobaua Lifestyle checks conducted by the NBI Special Action Unit showed one security guard who has a net worth of 10.2M. He is designated as a chief of staff for an immigration official. | via @Nikobaua
@Nikobaua In 2015 his networth was at 3.9M. In 2016, he declared no liabilities and his networth rose to 10.2M. His salary is at 14,641. This is the same year when POGO or offshore gaming started in the country. | via @Nikobaua
Agriculture Secretary William Dar: African swine fever has hit 25 provinces; 350,000 pigs culled.
'This has some significant bearing doon sa ating hog industry.' | via @jmnpunzalan
@jmnpunzalan Dar: ASF 'continues to be a threat' to the Philippine hog industry. 'Few countries' eradicated the disease, Spain took 30 years. | via @jmnpunzalan
@jmnpunzalan Agri chief says pork, Christmas ham supply enough; chicken could be alternative protein source. | via @jmnpunzalan
The Department of Human Settlements and Urban Development says it proposed a P76.19-B funding for 2021, but the DBM only approved 5% of the amount, giving the agency a P3.87-B budget next year.
DHSUD says it is only 0.08% of the P4.5-T 2021 budget. | via @_katrinadomingo
@_katrinadomingo DHSUD asks Congress for an additional P12.55 billion in the 2021 budget to fund the rehabilitation of Marawi, and to construct low-cost housing units nationwide. | via @_katrinadomingo
@_katrinadomingo Senate Minority Leader Franklin Drilon notes that total intelligence and confidential funds in the proposed 2021 budget is pegged at P9.5 billion, more than double the DHSUD's P3.97-billion funding next year. | via @_katrinadomingo
Reacting to contempt charges vs PDEA agents over fake buy-bust in Dumaguete court, PDEA DG Wilkins Villanueva:
PDEA will never condone any illegal acts of our personnel. We will leave it to the court while our personnel will also have their own rights to be heard | @mikenavallo
@mikenavallo Villanueva on Dumaguete court junking drugs cases over fake buy-bust: We have not received the order yet but we will investigate the incident. | via @mikenavallo
@mikenavallo Villanueva says the 5 PDEA agents involved in a "fake" buy-bust in Dumaguete have been "recalled" to the regional admin holding area while being investigated. While not suspended, they are not allowed to take part in any operations. | via @mikenavallo