Philippines Morning News For April 11

Philippines Morning News For April 11

Philippines morning news

PNP confirms terror threat
Philippine National Police (PNP) chief Ronald de la Rosa confirmed on Monday the existence of a terror threat in Central Visayas but he gave assurances that security forces are prepared to deal with it.
— The Manila Times

Duterte firm: No weapons in WPS
President Rodrigo Duterte on Monday gave assurances that the Philippines will not install weapons on islands that it will occupy on the West Philippine Sea (South China Sea).
— The Manila Times

World Bank keeps 2017 outlook, cuts 2018 forecast for Philippines
The World Bank on Tuesday retained its 2017 growth projection for the Philippines, but revised downward its projection for 2018.

Peso regains more ground at P49 level vs dollar
The peso hovered at the P49 per dollar level on Tuesday, boosted by foreign fund inflows and as the greenback weakened ahead of a speech by US Federal Reserve Chair Janet Yellen.

BoI-registered projects jump by 67% in Q1
THE Board of Investments (BoI) on Monday said registered projects totaled 122 in the first quarter of the year, up 67 percent from 72 a year earlier.
— The Manila Times

Gov’t gets high score on fight against crime, but low on poverty
While the Duterte administration got a high approval scores in fighting criminality, it got low ratings on economic issues deemed urgent by Filipinos, a recent Pulse Asia survey showed.

January bares good start for FDIs
FOREIGN direct investments (FDI) to the Philippines grew more than a tenth annually in January, the central bank reported yesterday, noting that lending by firms abroad to support operations and expansion of their local units had more than doubled.
— BusinessWorld Online

PH defers Holy Week expedition to Benham Rise
State scientists have postponed a planned expedition to Benham Rise this Holy Week due to a looming weather disturbance, Agriculture Secretary Emmanuel Piñol announced Tuesday.

Auto groups cite ‘record’ Q1 increase
VEHICLE sales grew by more than a fifth year on year last quarter, local car and truck manufacturers said in a statement on Monday that cited “another record increase.”
— BusinessWorld Online

Filipinos in Syria ordered to return to Philippines
The Department of Foreign Affairs has raised alert level 4 over Syria, requiring all Filipino workers to return to the Philippines due to worsening situation there.
— Phil Star

Duterte vows to bring home OFWS pardoned in Middle East
President Duterte on Monday vowed to fly home overseas Filipino workers (OFWs) who had been pardoned in different countries in the Middle East as he embarked on his first trip to the Gulf states.

PSE index extends gains to hit six-month high
THE MAIN INDEX breached the 7,600 mark on Monday for the first time in six months, as the market continued its upward rally with developments abroad calming down.
— BusinessWorld Online

Capital raising at record high in Q1 of 2017
apital raised at The Philippine Stock Exchange, Inc. (PSE) was at a record high of P67.04 billion in the first quarter of 2017.
— Manila Bulletin

Higher fuel prices for Lenten travelers
Oil companies implemented a significant price increase on petroleum products this Holy Week amid pressures in the international oil market.
— Phil Star

Philippines committed to human rights
In response to your article (Dismay over Liam Fox’s claim of shared values with Duterte’s brutal regime, 4 April), like the UK, the Philippines is a strong democracy with a very active and engaged civil society keen on participative and transparent governance.
— The Guardian

SC to deploy judges-at-large
Soon, the rather derogatory term “at-large” will no longer be limited to wanted persons or fugitives, but will also be attached to judges, in light of the scarcity of magistrates manning local courts nationwide.
— Phil Star

Tropical cyclone forming in Mindanao
Amid summer, the state weather bureau is monitoring the possible formation and entry of a tropical cyclone east of Mindanao later this week.

Philippines likely to resume direct flights to India in 2018
Philippines is likely to resume direct air services to India by next year with at least one of the three carriers from the Southeast Asian nation mulling to launch flights in the worlds third largest domestic market.
— India Today

140 more immigration officers deployed to NAIA
The Bureau of Immigration (BI) has deployed 140 additional officers to augment the undermanned immigration counters at the Ninoy Aquino International Airport (NAIA) to process the travel documents of arriving and departing passengers.
— Phil Star

PH womens football team qualify for Asian Cup
The Philippines reached the AFC Womens Asian Cup for the first time in 15 years after salvaging a 1-1 draw against Bahrain on Monday night at Pamir Stadium in Dushanbe, Tajikistan.


Feature photo Danny O
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Philippines morning news by AEC News Today is your one stop source for Philippines news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.




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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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